(AAD) Amadeus Fire - Overview
Exchange: XETRA •
Country: Germany •
Currency: EUR •
Type: Common Stock •
ISIN: DE0005093108
Stock: Specialized Staffing, Placement, Training, Seminars, Degrees
Total Rating 25
Risk 69
Buy Signal -1.64
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 5.43% |
| Yield on Cost 5y | 4.13% |
| Yield CAGR 5y | 26.98% |
| Payout Consistency | 88.8% |
| Payout Ratio | 3.4% |
| Risk 5d forecast | |
|---|---|
| Volatility | 31.0% |
| Relative Tail Risk | -2.92% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -2.03 |
| Alpha | -56.52 |
| Character TTM | |
|---|---|
| Beta | 0.149 |
| Beta Downside | 0.270 |
| Drawdowns 3y | |
|---|---|
| Max DD | 69.87% |
| CAGR/Max DD | -0.44 |
Description: AAD Amadeus Fire January 06, 2026
Amadeus FiRe AG (XETRA:AAD) is a Germany-based provider of personnel and training services, focusing on specialist temporary staffing, permanent placement, interim and project management for commercial and IT professionals. The firm also runs a portfolio of vocational and academic programs-including tax, accounting, IFRS/US GAAP, and IT courses-delivered through its Comcave College, GFN, Steuer-Fachschule Dr. Endriss, Akademie für Internationale Rechnungslegung, and TaxMaster brands.
Key data points from the most recent annual report (FY 2023) show revenue of roughly €150 million, with an EBITDA margin around 7 % and a net profit margin near 4 %. The business benefits from Germany’s tight labor market and the ongoing digital transformation, which together drive strong demand for upskilling and flexible staffing solutions. Additionally, the 2022 Fachkräfteeinwanderungsgesetz (Skilled Immigration Act) is expected to expand the pool of eligible foreign professionals, further supporting the company’s growth outlook.
For a deeper quantitative assessment, a look at ValueRay’s detailed financial model for AAD can help pinpoint the most material assumptions.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: 6.09m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -10.66 > 1.0 |
| NWC/Revenue: -23.12% < 20% (prev -9.71%; Δ -13.41% < -1%) |
| CFO/TA 0.08 > 3% & CFO 28.1m > Net Income 6.09m |
| Net Debt (56.9m) to EBITDA (51.0m): 1.12 < 3 |
| Current Ratio: 0.44 > 1.5 & < 3 |
| Outstanding Shares: last quarter (5.45m) vs 12m ago 0.13% < -2% |
| Gross Margin: 51.79% > 18% (prev 0.49%; Δ 5130 % > 0.5%) |
| Asset Turnover: 107.9% > 50% (prev 134.0%; Δ -26.08% > 0%) |
| Interest Coverage Ratio: 3.46 > 6 (EBITDA TTM 51.0m / Interest Expense TTM 5.36m) |
Altman Z'' -0.32
| A: -0.24 (Total Current Assets 67.4m - Total Current Liabilities 154.4m) / Total Assets 362.8m |
| B: 0.18 (Retained Earnings 64.2m / Total Assets 362.8m) |
| C: 0.05 (EBIT TTM 18.6m / Avg Total Assets 348.8m) |
| D: 0.30 (Book Value of Equity 69.7m / Total Liabilities 230.2m) |
| Altman-Z'' Score: -0.32 = B |
Beneish M -3.18
| DSRI: 1.03 (Receivables 51.7m/59.9m, Revenue 376.4m/448.6m) |
| GMI: 0.95 (GM 51.79% / 49.31%) |
| AQI: 1.08 (AQ_t 0.62 / AQ_t-1 0.58) |
| SGI: 0.84 (Revenue 376.4m / 448.6m) |
| TATA: -0.06 (NI 6.09m - CFO 28.1m) / TA 362.8m) |
| Beneish M-Score: -3.18 (Cap -4..+1) = AA |
What is the price of AAD shares?
As of February 07, 2026, the stock is trading at EUR 36.55 with a total of 11,834 shares traded.
Over the past week, the price has changed by -6.04%, over one month by -12.77%, over three months by -25.79% and over the past year by -52.46%.
Over the past week, the price has changed by -6.04%, over one month by -12.77%, over three months by -25.79% and over the past year by -52.46%.
Is AAD a buy, sell or hold?
Amadeus Fire has no consensus analysts rating.
What are the forecasts/targets for the AAD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 94 | 157.2% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 30.6 | -16.2% |
AAD Fundamental Data Overview February 03, 2026
Market Cap USD = 336.5m (285.1m EUR * 1.1801 EUR.USD)
P/E Trailing = 44.7788
P/S = 0.5606
P/B = 1.5527
Revenue TTM = 376.4m EUR
EBIT TTM = 18.6m EUR
EBITDA TTM = 51.0m EUR
Long Term Debt = 3.35m EUR (from longTermDebt, last quarter)
Short Term Debt = 19.4m EUR (from shortTermDebt, last quarter)
Debt = 64.4m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 56.9m EUR (from netDebt column, last quarter)
Enterprise Value = 342.1m EUR (285.1m + Debt 64.4m - CCE 7.49m)
Interest Coverage Ratio = 3.46 (Ebit TTM 18.6m / Interest Expense TTM 5.36m)
EV/FCF = 19.36x (Enterprise Value 342.1m / FCF TTM 17.7m)
FCF Yield = 5.16% (FCF TTM 17.7m / Enterprise Value 342.1m)
FCF Margin = 4.69% (FCF TTM 17.7m / Revenue TTM 376.4m)
Net Margin = 1.62% (Net Income TTM 6.09m / Revenue TTM 376.4m)
Gross Margin = 51.79% ((Revenue TTM 376.4m - Cost of Revenue TTM 181.5m) / Revenue TTM)
Gross Margin QoQ = 51.50% (prev 51.19%)
Tobins Q-Ratio = 0.94 (Enterprise Value 342.1m / Total Assets 362.8m)
Interest Expense / Debt = 2.15% (Interest Expense 1.39m / Debt 64.4m)
Taxrate = 48.21% (593.0k / 1.23m)
NOPAT = 9.61m (EBIT 18.6m * (1 - 48.21%))
Current Ratio = 0.44 (Total Current Assets 67.4m / Total Current Liabilities 154.4m)
Debt / Equity = 0.49 (Debt 64.4m / totalStockholderEquity, last quarter 131.9m)
Debt / EBITDA = 1.12 (Net Debt 56.9m / EBITDA 51.0m)
Debt / FCF = 3.22 (Net Debt 56.9m / FCF TTM 17.7m)
Total Stockholder Equity = 143.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.75% (Net Income 6.09m / Total Assets 362.8m)
RoE = 4.24% (Net Income TTM 6.09m / Total Stockholder Equity 143.6m)
RoCE = 12.62% (EBIT 18.6m / Capital Employed (Equity 143.6m + L.T.Debt 3.35m))
RoIC = 6.69% (NOPAT 9.61m / Invested Capital 143.6m)
WACC = 5.48% (E(285.1m)/V(349.6m) * Re(6.47%) + D(64.4m)/V(349.6m) * Rd(2.15%) * (1-Tc(0.48)))
Discount Rate = 6.47% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 81.65 | Cagr: 0.19%
[DCF Debug] Terminal Value 84.45% ; FCFF base≈31.4m ; Y1≈26.5m ; Y5≈20.0m
Fair Price DCF = 101.7 (EV 609.3m - Net Debt 56.9m = Equity 552.3m / Shares 5.43m; r=5.90% [WACC]; 5y FCF grow -18.89% → 2.90% )
EPS Correlation: -67.22 | EPS CAGR: -47.81% | SUE: N/A | # QB: 0
Revenue Correlation: -23.81 | Revenue CAGR: -1.95% | SUE: 0.01 | # QB: 0
EPS next Year (2026-12-31): EPS=4.33 | Chg30d=-0.110 | Revisions Net=-2 | Growth EPS=+260.6% | Growth Revenue=+9.1%
P/E Trailing = 44.7788
P/S = 0.5606
P/B = 1.5527
Revenue TTM = 376.4m EUR
EBIT TTM = 18.6m EUR
EBITDA TTM = 51.0m EUR
Long Term Debt = 3.35m EUR (from longTermDebt, last quarter)
Short Term Debt = 19.4m EUR (from shortTermDebt, last quarter)
Debt = 64.4m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 56.9m EUR (from netDebt column, last quarter)
Enterprise Value = 342.1m EUR (285.1m + Debt 64.4m - CCE 7.49m)
Interest Coverage Ratio = 3.46 (Ebit TTM 18.6m / Interest Expense TTM 5.36m)
EV/FCF = 19.36x (Enterprise Value 342.1m / FCF TTM 17.7m)
FCF Yield = 5.16% (FCF TTM 17.7m / Enterprise Value 342.1m)
FCF Margin = 4.69% (FCF TTM 17.7m / Revenue TTM 376.4m)
Net Margin = 1.62% (Net Income TTM 6.09m / Revenue TTM 376.4m)
Gross Margin = 51.79% ((Revenue TTM 376.4m - Cost of Revenue TTM 181.5m) / Revenue TTM)
Gross Margin QoQ = 51.50% (prev 51.19%)
Tobins Q-Ratio = 0.94 (Enterprise Value 342.1m / Total Assets 362.8m)
Interest Expense / Debt = 2.15% (Interest Expense 1.39m / Debt 64.4m)
Taxrate = 48.21% (593.0k / 1.23m)
NOPAT = 9.61m (EBIT 18.6m * (1 - 48.21%))
Current Ratio = 0.44 (Total Current Assets 67.4m / Total Current Liabilities 154.4m)
Debt / Equity = 0.49 (Debt 64.4m / totalStockholderEquity, last quarter 131.9m)
Debt / EBITDA = 1.12 (Net Debt 56.9m / EBITDA 51.0m)
Debt / FCF = 3.22 (Net Debt 56.9m / FCF TTM 17.7m)
Total Stockholder Equity = 143.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.75% (Net Income 6.09m / Total Assets 362.8m)
RoE = 4.24% (Net Income TTM 6.09m / Total Stockholder Equity 143.6m)
RoCE = 12.62% (EBIT 18.6m / Capital Employed (Equity 143.6m + L.T.Debt 3.35m))
RoIC = 6.69% (NOPAT 9.61m / Invested Capital 143.6m)
WACC = 5.48% (E(285.1m)/V(349.6m) * Re(6.47%) + D(64.4m)/V(349.6m) * Rd(2.15%) * (1-Tc(0.48)))
Discount Rate = 6.47% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 81.65 | Cagr: 0.19%
[DCF Debug] Terminal Value 84.45% ; FCFF base≈31.4m ; Y1≈26.5m ; Y5≈20.0m
Fair Price DCF = 101.7 (EV 609.3m - Net Debt 56.9m = Equity 552.3m / Shares 5.43m; r=5.90% [WACC]; 5y FCF grow -18.89% → 2.90% )
EPS Correlation: -67.22 | EPS CAGR: -47.81% | SUE: N/A | # QB: 0
Revenue Correlation: -23.81 | Revenue CAGR: -1.95% | SUE: 0.01 | # QB: 0
EPS next Year (2026-12-31): EPS=4.33 | Chg30d=-0.110 | Revisions Net=-2 | Growth EPS=+260.6% | Growth Revenue=+9.1%