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Fundamental analysis · Small caps

In focus

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Methodology and metrics All metrics →

The framework behind every analysis we run — published, with the source and the date.

What an analysis contains

Every analysis follows the same structure. Not out of convenience: two companies are only comparable if the same questions are answered in the same order.

01

Identifiers and venues

WKN, ISIN, home exchange — and where the share can be dealt in Germany.

02

The essentials

The thesis in five lines. Read only that and you still know what is at stake.

03

Fundamental analysis

Business model, balance sheet, dilution — and the cash runway in months.

04

Metrics and peers

Set against a peer group, not against the index.

05

Catalysts

What lies ahead, and which part of it can actually move the price.

06

Risks

At least three, specific and quantified. No boilerplate about volatile markets.