Latonba AG

€7.80As of Sun 8 Nov 2026, 12:00 UTC

DUS:LA2—

Country Germany

PE (Fwd) •••

TSR 3Y CAGR (9.32%)

Div yield —

ROE —

—

Beta (5Y) —

PE TTM —

TSR TTM (15.68%)

Mkt cap —

ROIC —

SE Grade™

Value

Quality

Moat

Consensus

Reference

€8.00

2.58%

417.28%

Hold 8|3|9|3|4

TTM

FYE 31 Dec EUR

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

0.165

Revenue€B

1.599

1.712

1.777

1.904

1.969

2.065

2.160

2.241

2.386

2.514

0.172

5.01%

5.40%

26.91

Revenue growth%

27.57

24.63

26.40

23.94

24.04

27.02

24.74

22.64

25.32

26.98

22.73

25.32

25.03

14.18

Gross margin%

25.37

25.73

27.57

25.87

26.11

27.51

25.63

27.96

25.85

25.86

11.13

25.86

25.87

11.89

Operating margin%

8.13

10.05

8.38

5.59

8.42

5.78

6.30

4.44

6.65

4.97

16.45

5.78

6.48

3.56

Net margin%

25.17

27.92

27.74

29.02

28.84

27.97

29.75

28.64

29.55

30.13

16.88

29.55

28.74

10.71

P/E ratio (avg)x

10.17

10.13

12.03

14.59

17.08

20.33

24.30

27.40

31.63

34.81

21.44

27.40

18.70

25.31

EV/EBITx

24.91

25.28

25.43

27.44

29.82

31.92

34.10

33.95

35.58

31.89

22.43

33.95

30.85

22.61

FCF yield (avg)%

17.94

15.93

13.48

11.02

13.02

11.47

11.53

10.00

12.06

12.83

20.67

11.53

12.44

5.21

FCF margin%

19.98

17.79

17.51

19.87

18.86

21.24

23.53

24.13

22.42

20.38

10.63

22.42

20.18

1.564

FCF / Net incomex

1.595

1.485

1.364

1.231

1.143

0.992

0.958

0.898

0.969

0.696

0.958

1.068

7.31

ROIC%

31.47

30.91

32.74

32.03

29.13

27.52

29.83

30.67

32.67

34.64

16.29

30.67

31.19

8.95

Return on equity%

8.75

9.03

7.60

6.89

8.04

7.14

4.63

5.58

4.42

5.62

21.05

5.58

7.02

20.24

Return on assets%

26.43

29.07

26.09

28.92

31.48

32.53

33.18

36.04

35.12

36.55

17.20

35.12

32.01

0.14

EPS€

0.21

0.19

0.21

0.22

0.20

0.21

0.15

(0.31%)

(0.77%)

—

23.19

EPS growth%

13.82

11.29

10.45

10.71

13.14

12.86

10.74

12.41

10.43

11.42

12.60

11.42

11.35

0.45

Bookvalue per sh€

0.64

0.76

0.87

0.98

1.18

1.43

1.66

1.80

1.94

1.95

0.58

10.54%

13.46%

—

0.61

FCF per share€

0.34

0.32

0.31

0.30

0.31

0.34

0.36

0.32

0.36

0.18%

(0.18%)

—

0.33

Dividend per sh€

0.12

0.13

0.14

0.15

0.17

0.18

0.19

0.22

0.23

0.69

9.06%

6.40%

—

28.11

Div yield (avg)%

26.59

24.44

26.37

25.26

25.00

23.16

21.47

22.65

21.38

19.16

21.47

23.80

22.94

Payout ratio%

7.03

6.52

8.73

6.95

5.01

4.32

7.09

8.79

8.03

11.86

7.09

6.99

41.18

Shares (diluted)M

40.29

40.07

37.38

40.28

38.29

37.24

40.52

37.48

41.79

40.07

41.21

0.91%

(0.01%)

9.13

Buyback yield%

24.54

24.15

25.03

23.08

20.58

17.59

15.86

15.06

17.80

20.74

19.58

17.59

20.66

1.030

D/E ratiox

1.093

1.065

0.964

0.878

0.756

0.714

0.646

0.602

0.529

0.557

0.185

0.602

0.735

0.691

Enterprise value€B

2.016

2.025

2.151

1.957

2.140

2.110

2.259

1.977

2.043

2.180

0.913

0.38%

1.63%

2.890

LT debt€B

0.950

0.983

1.134

1.057

1.190

1.291

1.277

1.347

1.533

1.694

2.216

7.32%

5.84%

Peers (US$40.29M)

Cap (US$)

GBK Beteiligungen AG

51.16M

35.87x

U.C.A. Aktiengesellsch…

41.64M

13.41x

Elbstein AG

31.66M

—

Advance Synergy Berhad

40.53M

—

Capital

TTM

10Y

Leveragex

2.138

0.066

0.068

EBIT/Intx

1.832

1.063

0.953

Own earn%

(193.76)

25.17

39.06

Sh yield%

37.24

39.18

43.16

Owners

Insiders/Inst%

7.44

60.67

Short interest%

1.91

SBC / revenue%

0.70

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

4–10

$1 testx

−25.0

Incr. ROIC%

Latonba AG, an investment company, focuses on acquiring, managing, and selling investments in corporations and partnerships. The company was founded in 2019 and is based in Heidelberg, Germany. Latonba AG is a subsidiary of Beta Systems Software AG.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

€2.514B

5.40%

1.00×

Cost of revenue

€1.326B

5.48%

1.01×

Operating expenses

€395.2M

5.44%

1.00×