freenet AG (DE:FNTN)
XETRA:FNTN
Want to see DE:FNTN full AI Analyst Report?
Top Page
freenet
(XETRA:FNTN)
Select Model
Select Model
Rating:74Outperform
Price Target:
€29.00
▲(5.30% Upside)
Action:Upgraded
Date:05/17/26
The score is driven primarily by solid financial performance (renewed revenue growth, healthy margins, consistent free cash flow) and supportive valuation (moderate P/E and high dividend yield). Technical indicators add a modestly positive near-term signal but are less decisive over longer timeframes.
Positive Factors
Revenue recovery
A return to TTM revenue growth of +6.5% after a softer 2024–2025 suggests renewed demand and improving market traction. Sustained top-line expansion improves fixed-cost absorption and supports longer-term operating leverage, investment capacity and durable cash-flow generation.
Negative Factors
Margin volatility
Notable margin volatility, including gross-margin swings, undermines profit predictability and complicates multi-year planning. Even with strong current margins, variability can impair forecasting, weaken covenant headroom in stress, and make sustained margin improvements harder to rely on.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue recovery
A return to TTM revenue growth of +6.5% after a softer 2024–2025 suggests renewed demand and improving market traction. Sustained top-line expansion improves fixed-cost absorption and supports longer-term operating leverage, investment capacity and durable cash-flow generation.
Read all positive factors
freenet (FNTN) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€3.06B
Dividend Yield6.73%
Average Volume (3M)273.15K
Price to Earnings (P/E)16.4
Beta (1Y)0.41
Revenue Growth6.31%
EPS Growth10.31%
CountryDE
Employees3,196
SectorGeneral
Sector StrengthN/A
IndustryTelecommunications Services
Share Statistics
EPS (TTM)2.21
Shares Outstanding118,900,600
10 Day Avg. Volume242,957
30 Day Avg. Volume273,155
Financial Highlights & Ratios
PEG Ratio1.21
Price to Book (P/B)2.26
Price to Sales (P/S)1.42
P/FCF Ratio9.51
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€28.61Price Target Upside3.90% Upside
Rating ConsensusHold
Number of Analyst Covering8
EPS Forecast (FY)2.16
Revenue Forecast (FY)€3.10B
freenet Business Overview & Revenue Model
Company Description
freenet AG provides telecommunications, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services in Germany. It provides a portfolio of services and products primarily in the areas of mobile voice and data servi...
How the Company Makes Money
null...
freenet Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
76
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.60B | 2.44B | 2.48B | 2.63B | 2.56B | 2.56B |
| Gross Profit | 819.80M | 632.70M | 998.47M | 709.47M | 911.69M | 876.29M |
| EBITDA | 533.80M | 550.40M | 521.46M | 500.74M | 487.79M | 404.24M |
| Net Income | 261.50M | 271.20M | 246.80M | 154.60M | 79.30M | 198.17M |
Balance Sheet | ||||||
| Total Assets | 3.52B | 3.68B | 3.34B | 3.41B | 3.63B | 3.95B |
| Cash, Cash Equivalents and Short-Term Investments | 98.10M | 168.20M | 181.60M | 159.80M | 193.17M | 299.22M |
| Total Debt | 693.90M | 1.01B | 697.10M | 778.10M | 928.11M | 1.13B |
| Total Liabilities | 1.94B | 2.14B | 1.86B | 1.98B | 2.16B | 2.31B |
| Stockholders Equity | 1.58B | 1.53B | 1.49B | 1.44B | 1.47B | 1.64B |
Cash Flow | ||||||
| Free Cash Flow | 343.80M | 363.90M | 327.00M | 342.40M | 332.75M | 318.99M |
| Operating Cash Flow | 389.70M | 405.80M | 370.70M | 398.00M | 395.69M | 367.21M |
| Investing Cash Flow | -208.70M | -204.20M | -42.30M | -55.30M | -71.89M | -44.13M |
| Financing Cash Flow | -337.60M | -315.00M | -306.60M | -360.90M | -432.07M | -703.67M |
freenet Technical Analysis
Neutral
27.54
Price Trends
25.05
Positive
26.33
Negative
26.00
Negative
Market Momentum
0.26
Negative
54.31
Neutral
33.25
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:FNTN, the sentiment is Neutral. The current price of 27.54 is above the 20-day moving average (MA) of 25.35, above the 50-day MA of 25.05, and above the 200-day MA of 26.00, indicating a neutral trend. The MACD of 0.26 indicates Negative momentum. The RSI at 54.31 is Neutral, neither overbought nor oversold. The STOCH value of 33.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DE:FNTN.
freenet Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | €3.06B | 16.37 | 17.50% | 6.73% | 6.31% | 10.31% | |
62 Neutral | €140.18B | 18.88 | 14.36% | 3.28% | 1.37% | -26.06% | |
61 Neutral | €4.91B | 19.51 | 6.31% | 7.04% | -5.62% | ― | |
57 Neutral | €4.09B | 58.54 | 2.24% | 0.21% | 5.05% | -23.13% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
48 Neutral | €893.47M | -5.52 | -13.85% | 1.03% | -7.96% | -1114.39% |
* General Sector Average
DE:FNTN
freenet
25.80
-1.25
-4.61%
DE:DTE
Deutsche Telekom
29.45
-3.61
-10.91%
DE:1U1
1&1 AG
22.60
4.40
24.18%
DE:PSM
ProSiebenSat.1 Media SE
3.97
-3.23
-44.87%
DE:TC1
Tele Columbus
0.52
0.07
15.56%
DE:UTDI
United Internet
26.16
3.73
16.65%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.