First Sensor stock: fair value
SIS.DEThe fair value of First Sensor under our model is $33.82, the price is 67% above.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Significantly overvaluedIn our model the price counts as cheap below $24.15 and expensive above $56.36 (uncertainty high, one part of the fair value is more than twice the other).
The two parts of the fair value come to $6.63 (cash-flow model) and $61.00 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 9.7%. At 10.7% the fair value would be $33.41, at 8.7% it would be $34.35.
Where the number comes from
Half from the cash-flow model, half from earnings times the industry P/E (40.2).
Ten-year cash-flow model from smoothed free cash flow and its past growth until it reaches 2.1%. Discounted at 9.7% (government bond yield 2.1% plus beta 1.79 times a risk premium of 4.2%); no analyst estimates were available.
Calculate with your own assumptionsThe calculation step by step
With these figures the cash flow model arrives at $6.63 per share: free cash flow for the next ten years, each year discounted to today at 9.7%, 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 9.7%) |
|---|---|---|---|---|
| 2026 | $3.67M | extrapolated at 21.9% | 0.9116 | $3.34M |
| 2027 | $4.25M | extrapolated at 15.9% | 0.8311 | $3.53M |
| 2028 | $4.75M | extrapolated at 11.8% | 0.7576 | $3.6M |
| 2029 | $5.17M | extrapolated at 8.9% | 0.6907 | $3.57M |
| 2030 | $5.53M | extrapolated at 6.9% | 0.6296 | $3.48M |
| 2031 | $5.83M | extrapolated at 5.5% | 0.5740 | $3.35M |
| 2032 | $6.09M | extrapolated at 4.5% | 0.5233 | $3.19M |
| 2033 | $6.32M | extrapolated at 3.8% | 0.4770 | $3.01M |
| 2034 | $6.53M | extrapolated at 3.3% | 0.4349 | $2.84M |
| 2035 | $6.72M | extrapolated at 2.9% | 0.3964 | $2.66M |
| Step | Value |
|---|---|
| Sum of present values (ten years) | $32.58M |
| Terminal value: cash flow 2035 × (1 + 2.1%) / (9.7% − 2.1%) | $90.84M |
| Present value of terminal value (× 0.3964) | $36.01M |
| Equity value (sum plus present value of terminal value) | $68.59M |
| Shares (diluted) | 10.34M |
| Value per share (equity value divided by shares) | $6.63 |
| Earnings per share, last twelve months | $1.52 |
| × 40.2 (industry P/E) | $61.00 |
| Fair value (average of both parts) | $33.82 |
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 30 Sep 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = €0.9024)
- 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 2 Oct 2026)
- Valuation signal Overvalued since 7 Nov 2026, previously Fairly valued
- 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.