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KST Beteiligungs AGFRA:KSW 41 Intrinsic Value: Projected FCF is €1.03 as of Aug. 22, 2026, which is 100% below its 10-year median of 1.21. GuruFocus rates FRA:KSW with a GF Score™ of 41/100 and a GF Value™ of €0.95 (Fairly Valued). The stock has 5 warning signs investors should review. Among 423 Conglomerates companies, KST Beteiligungs AG ranks worse than 57.92% 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.
The historical rank and industry rank for KST Beteiligungs AG's Intrinsic Value: Projected FCF or its related term are showing as below:
FRA:KSW'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.77 Med: 1.21 Max: 1.27
Current: 1.07
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of KST Beteiligungs AG was 1.27. The lowest was 0.77. And the median was 1.21.
FRA:KSW's Price-to-Projected-FCF is ranked worse than 57.92% of 423
companies
in the Conglomerates industry
Industry Median: 0.85
vs FRA:KSW: 1.07
KST Beteiligungs AG (FRA:KSW) 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.
KST Beteiligungs AG's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
1.10
/
=
* 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.
KST Beteiligungs AG Intrinsic Value: Projected FCF Related Terms
KST Beteiligungs AG Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for KST Beteiligungs AG'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.
KST Beteiligungs AG Intrinsic Value: Projected FCF Chart
FRA:KSW vs MMM, HON: Intrinsic Value: Projected FCF Comparison
For the Conglomerates subindustry, KST Beteiligungs AG'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.
KST Beteiligungs AG Price-to-Projected-FCF vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, KST Beteiligungs AG's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where KST Beteiligungs AG's Price-to-Projected-FCF falls into.
KST Beteiligungs AG 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.
What does a Intrinsic Value: Projected FCF of €1.03 mean?
KST Beteiligungs AG (FRA:KSW) has a Intrinsic Value: Projected FCF of €1.03 as of Aug. 22, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on KST Beteiligungs AG and its competitors. This is 15% below median its historical median of 1.21. Over the past decade, KST Beteiligungs AG's Intrinsic Value: Projected FCF has ranged from 0.77 to 1.27. According to the industry distribution chart, KST Beteiligungs AG ranks #245 out of 423 companies in the Conglomerates industry, placing it in the top 57.9%.
Is KST Beteiligungs AG's Intrinsic Value: Projected FCF too high?
KST Beteiligungs AG's current Intrinsic Value: Projected FCF of €1.03 is 15% below median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 1.27. Based on the distribution chart, KST Beteiligungs AG ranks #245 out of 423 companies in the Conglomerates industry, which is below the industry midpoint. Overall, KST Beteiligungs AG has a GF Score™ of 41/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KST Beteiligungs AG's Intrinsic Value: Projected FCF compare to MMM and HON?
According to the Conglomerates industry distribution chart, KST Beteiligungs AG ranks #245 out of 423 companies for Intrinsic Value: Projected FCF. This places KST Beteiligungs AG in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.85. Historically, KST Beteiligungs AG's own Intrinsic Value: Projected FCF has ranged from 0.77 to 1.27 over the past decade. 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 Conglomerates company?
The median Intrinsic Value: Projected FCF among Conglomerates companies is 0.85, based on 423 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 KST Beteiligungs AG and its competitors. For the Conglomerates industry, the median Intrinsic Value: Projected FCF is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KST Beteiligungs AG's current Intrinsic Value: Projected FCF is €1.03, which is 15% below median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KST Beteiligungs AG stock overvalued right now?
Based on GuruFocus' analysis, KST Beteiligungs AG (FRA:KSW) is currently considered Fairly Valued. The stock's GF Value™ is €0.95, compared to a current price of €1.10 — trading 15.8% above its estimated fair value. The current Intrinsic Value: Projected FCF is €1.03, which is 15% below median its 10-year median of 1.21. KST Beteiligungs AG's overall GF Score™ is 41/100 with 5 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 KST Beteiligungs AG (FRA:KSW), the current Intrinsic Value: Projected FCF is €1.03 as of Aug. 22, 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 KST Beteiligungs AG (FRA:KSW) Overvalued in 2026?
Based on GuruFocus' analysis, KST Beteiligungs AG stock appears to be overvalued.
The current stock price of €1.10 is trading 15.8% above its estimated GF Value™ of €0.95.
GuruFocus considers KST Beteiligungs AG to be Fairly Valued.
Key valuation signals for FRA:KSW:
Intrinsic Value: Projected FCF: €1.03 (15% below median its 10-year median of 1.21)
GF Value™: €0.95 vs. price of €1.10 (15.8% above fair value)
No single metric tells the full story. See the FRA:KSW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KST Beteiligungs AG invests across industries in listed companies in Germany, it focuses on small and mid caps. It acquires investments with long-term goals and assists its clients active throughout the investment period.
41GF Score
Get the complete analysis for FRA:KSW
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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