Smartbroker Holding runs a German online brokerage and financial information platform, with its Smartbroker+ and Smartbroker Stock Exchange offerings serving retail investors who trade and compare products. Revenue is growing at 9.6%, and a gross margin of 46.7% suggests the business earns meaningful economics per transaction and per subscription, though the company is not yet profitable at the operating line, with a -8.9% operating margin and a -20.8% return on equity. The thesis rests on whether that revenue growth can translate into operating leverage as the platform scales, since a 137M EUR market cap leaves little room for the margin to stay negative for long. Near-term the key test is whether the operating margin moves toward breakeven in the next reporting periods, which would validate the cost base. The stock is a small, unindexed name with no earnings-based valuation to anchor to, so it warrants a deeper look at its cash burn, customer acquisition costs and trading-volume sensitivity before any view on value.
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| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 23 Oct 2026, 01:52 CEST | ACCE price target | €7.60 | first publication | €8.14 |
Answered from Smartbroker Holding AG fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| SB1.DE Smartbroker Holding AG | €8.14 | - | - | - | -20.8% | 43 | 32 |
| VALU Value Line Inc. Common Stock | $43.09 | $20 | 111% above | 20.1x | 18.7% | 87 | 54 |
| MKTW MarketWise Inc. Class A Common Stock | $18.83 | $7 | 173% above | 21.4x | 0.0% | 32 | 50 |
| DTCX Datacentrex Inc. Common Stock | $1.28 | - | - | - | 0.0% | 27 | 17 |
| BOLSAA.MX Bolsa Mexicana de Valores | MXN 36.98 | MXN 30 | 22% above | 12.1x | 22.5% | 89 | 69 |
| CRISIL.NS CRISIL Limited | ₹4751.10 | - | - | 39.3x | 29.1% | 92 | 64 |
| MCX.NS Multi Commodity Exchange of India Ltd. | ₹3020.30 | - | - | 65.0x | - | 100 | 76 |
Where SB1.DE ranks against its sector peers on each metric.