The stock still seems to me to be heavily undervalued. What do you think could release the handbrake here? Or is it the general market environment and the great geopolitical uncertainty?
@Singulus I ran it through Chat-GPT with a DCF model (growth exit approach, 5 years), so it's not massively undervalued. Realistic range in which it can be undervalued, based on the parameters, is somewhere between 12-25%. Unfortunately, upside for project planners always depends on various factors, the ones you mentioned are certainly among them. What should be emphasized positively is that the margin profile is already significantly better than that of the direct competitors due to the 50/50 model.
