Plazza stock: fair value
PLAN.SWThe fair value of Plazza under our model is $430.19, the price is 19% above.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Modestly overvaluedIn our model the price counts as cheap below $358.49 and expensive above $537.74 (uncertainty low, based on the price swings of the past year).
The two parts of the fair value come to $343.40 (cash-flow model) and $516.98 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 5.6%. At 6.6% the fair value would be $401.37, at 4.6% it would be $473.43.
Where the number comes from
Half from the cash-flow model, half from earnings times the industry P/E (11.5).
Ten-year cash-flow model from smoothed free cash flow and its past growth until it reaches 0.6%. Discounted at 5.6% (floor: government bond yield 0.6% plus 5 percentage points, since beta 0.86 times the risk premium would give less); no analyst estimates were available.
Calculate with your own assumptionsThe calculation step by step
With these figures the cash flow model arrives at $343.40 per share: free cash flow for the next ten years, each year discounted to today at 5.6%, plus the terminal value for the years after. The table explains the calculation; it is not a recommendation.
Calculation as a table
| Year | Free cash flow | Source | Discount factor | Present value (discounted at 5.6%) |
|---|---|---|---|---|
| 2026 | $33.63M | extrapolated at 3.5% | 0.9470 | $31.85M |
| 2027 | $34.51M | extrapolated at 2.6% | 0.8968 | $30.94M |
| 2028 | $35.2M | extrapolated at 2.0% | 0.8492 | $29.89M |
| 2029 | $35.75M | extrapolated at 1.6% | 0.8042 | $28.75M |
| 2030 | $36.21M | extrapolated at 1.3% | 0.7615 | $27.58M |
| 2031 | $36.61M | extrapolated at 1.1% | 0.7211 | $26.4M |
| 2032 | $36.95M | extrapolated at 0.9% | 0.6829 | $25.23M |
| 2033 | $37.26M | extrapolated at 0.8% | 0.6467 | $24.09M |
| 2034 | $37.54M | extrapolated at 0.8% | 0.6124 | $22.99M |
| 2035 | $37.81M | extrapolated at 0.7% | 0.5799 | $21.93M |
| Step | Value |
|---|---|
| Sum of present values (ten years) | $269.65M |
| Terminal value: cash flow 2035 × (1 + 0.6%) / (5.6% − 0.6%) | $760.77M |
| Present value of terminal value (× 0.5799) | $441.18M |
| Equity value (sum plus present value of terminal value) | $710.83M |
| Shares (diluted) | 2.07M |
| Value per share (equity value divided by shares) | $343.40 |
| Earnings per share, last twelve months | $44.95 |
| × 11.5 (industry P/E) | $516.98 |
| Fair value (average of both parts) | $430.19 |
The model uses free cash flow after interest, which belongs to shareholders, discounted at the cost of equity. Net debt is therefore not deducted again.
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = CHF 0.8331)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 30 Jun 2018)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.