Minerva Knitwear (ATH:MIN) Intrinsic Value: Projected FCF: €2.28 (As of Sep. 21, 2026)

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ATH:MIN Minerva Knitwear SA ATH:MIN
38 GF Score
Price €0.74
GF Value €0.58
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Minerva Knitwear Intrinsic Value: Projected FCF?

Minerva Knitwear ATH:MIN 38 Intrinsic Value: Projected FCF is €2.28 as of Sep. 21, 2026. GuruFocus rates ATH:MIN with a GF Score™ of 38/100 and a GF Value™ of €0.58 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 769 Manufacturing - Apparel & Accessories companies, Minerva Knitwear ranks better than 84.53% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-09-21), Minerva Knitwear's Intrinsic Value: Projected FCF is €2.28. The stock price of Minerva Knitwear is €0.74. Therefore, Minerva Knitwear's Price-to-Intrinsic-Value-Projected-FCF of today is 0.3.

The historical rank and industry rank for Minerva Knitwear's Intrinsic Value: Projected FCF or its related term are showing as below:

ATH:MIN' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.25   Med: 0.33   Max: 0.52
Current: 0.32

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Minerva Knitwear was 0.52. The lowest was 0.25. And the median was 0.33.

ATH:MIN's Price-to-Projected-FCF is ranked better than
84.53% of 769 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.81 vs ATH:MIN: 0.32

Minerva Knitwear  (ATH:MIN) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Minerva Knitwear's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=0.74/1.966908992649
=0.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Minerva Knitwear Intrinsic Value: Projected FCF Related Terms


Minerva Knitwear Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Minerva Knitwear's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Minerva Knitwear Intrinsic Value: Projected FCF Chart

Minerva Knitwear Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.97 1.27 1.59 1.97

Minerva Knitwear Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 1.53 1.66 2.06

Minerva Knitwear Intrinsic Value: Projected FCF Competitor Comparison

For the Textile Manufacturing subindustry, Minerva Knitwear's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Minerva Knitwear Price-to-Projected-FCF vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Minerva Knitwear's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Minerva Knitwear's Price-to-Projected-FCF falls into.


ATH:MIN
38GF Score
Minerva Knitwear SA ATH:MIN
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Minerva Knitwear Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Minerva Knitwear's Free Cash Flow(6 year avg) = €0.76.

Minerva Knitwear's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec25)*0.8)/Shares Outstanding (Diluted Average)
=(11.29937129898*0.76114285714286+4.493*0.8)/6.2
=1.97

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: Projected FCF of €2.28 mean?
Minerva Knitwear (ATH:MIN) has a Intrinsic Value: Projected FCF of €2.28 as of Sep. 21, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Minerva Knitwear and its competitors. According to the industry distribution chart, Minerva Knitwear ranks #119 out of 769 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 15.5%.
Is Minerva Knitwear's Intrinsic Value: Projected FCF too high?
Minerva Knitwear's current Intrinsic Value: Projected FCF is €2.28. Based on the distribution chart, Minerva Knitwear ranks #119 out of 769 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Minerva Knitwear has a GF Score™ of 38/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Minerva Knitwear's Intrinsic Value: Projected FCF compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Minerva Knitwear ranks #119 out of 769 companies for Intrinsic Value: Projected FCF. This places Minerva Knitwear in the top 16% of its industry — outperforming the majority of peers. The industry median Intrinsic Value: Projected FCF is 0.81. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Manufacturing - Apparel & Accessories company?
The median Intrinsic Value: Projected FCF among Manufacturing - Apparel & Accessories companies is 0.81, based on 769 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Minerva Knitwear and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Intrinsic Value: Projected FCF is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minerva Knitwear's current Intrinsic Value: Projected FCF is €2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minerva Knitwear stock overvalued right now?
Based on GuruFocus' analysis, Minerva Knitwear (ATH:MIN) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.58, compared to a current price of €0.74 — trading 27.6% above its estimated fair value. The current Intrinsic Value: Projected FCF is €2.28. Minerva Knitwear's overall GF Score™ is 38/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Minerva Knitwear (ATH:MIN), the current Intrinsic Value: Projected FCF is €2.28 as of Sep. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Minerva Knitwear (ATH:MIN) Overvalued in 2026?

Based on GuruFocus' analysis, Minerva Knitwear stock appears to be overvalued. The current stock price of €0.74 is trading 27.6% above its estimated GF Value™ of €0.58. GuruFocus considers Minerva Knitwear to be Modestly Overvalued.

Key valuation signals for ATH:MIN:

  • Intrinsic Value: Projected FCF: €2.28
  • GF Value™: €0.58 vs. price of €0.74 (27.6% above fair value)
  • GF Score™: 38/100 with 9 warning signs

No single metric tells the full story. See the ATH:MIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Minerva Knitwear Business Description

Address 6th klm Thessaloniki - Oraiokastro, Thessaloniki, GRC, 564 29
Minerva Knitwear SA is engaged in manufacturing, processing and trading of woollen and cotton products, and other textile raw materials. The company's products include men's, women's and children's underwear, men's, women's and children's sleep body-suits-pyjamas, Home-wear clothes for the winter and beachwear for the summer, blouses, T-Shirts, and women's Lingerie.
38GF Score

Get the complete analysis for ATH:MIN

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.74
Price
€0.58
GF Value