TeamViewer SE Bearer Shares
TMV: XETR (DEU)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€55.00 | Qlpn | Kplqsst |
TeamViewer: Initiating Coverage of TeamViewer With No-Moat Rating and EUR 12 Fair Value Estimate
We’re initiating coverage of TeamViewer with a no-moat rating and a EUR 12 fair value estimate. Our fair value implies a fiscal 2024 enterprise value/EBITDA multiple of 8 times and a P/E ratio of 12 times. At current levels, the shares look fairly valued.