As of 2025-07-06, the Intrinsic Value of ZEAL Network SE (TIMA.DE) is 65.34 EUR. This TIMA.DE valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 46.70 EUR, the upside of ZEAL Network SE is 39.9%.

The range of the Intrinsic Value is 45.23 - 125.47 EUR.

Is TIMA.DE undervalued or overvalued?

Based on its market price of 46.70 EUR and our intrinsic valuation, ZEAL Network SE (TIMA.DE) is undervalued by 39.9%.

46.70 EUR

Stock Price

65.34 EUR

Intrinsic Value

Intrinsic Value Details

TIMA.DE Intrinsic Value - Valuation Summary

	Range	Selected	Upside
a
DCF (Growth Exit 5Y)	45.23 - 125.47	65.34	39.9%
DCF (Growth Exit 10Y)	57.2 - 151.41	80.95	73.4%
DCF (EBITDA Exit 5Y)	16.77 - 26.24	20.35	-56.4%
DCF (EBITDA Exit 10Y)	27.82 - 40.3	32.59	-30.2%
Peter Lynch Fair Value	78.67 - 78.67	78.67	68.46%
P/E Multiples	23.85 - 46.39	35.66	-23.6%
EV/EBITDA Multiples	5.26 - 17.89	11.79	-74.8%
Earnings Power Value	35.16 - 47.3	41.23	-11.7%
Dividend Discount Model - Stable	37.84 - 138.92	88.38	89.3%
Dividend Discount Model - Multi Stages	30.56 - 87.45	45.32	-3.0%

TIMA.DE Intrinsic Value - Peers Comparison

	Range	Selected	Upside
a
Greek Organisation of Football Prognostics SA	16.03 - 26.46	19.84	0.9%
La Francaise des Jeux SA	13.52 - 38.17	21.40	-30.0%
William Hill PLC	124.15 - 377.8	185.48	-31.8%
Gamesys Group PLC	1,523.13 - 4,479.32	2,290.53	23.8%
Rank Group PLC	61.02 - 173.52	93.67	-32.2%
Lotto24 AG	162.18 - 610.68	247.00	-40.0%
Fermiere du Casino Municipal Cannes SA	1,557.77 - 2,884.1	2,013.11	35.1%
Groupe Partouche SA	13.58 - 33.19	20.96	5.8%
Best Of The Best PLC	854.05 - 1,330.27	1,032.55	94.8%
Acroud AB	0.2 - 0.38	0.28	131.8%

TIMA.DE Intrinsic Value - Key Valuation Metrics

Market Cap (mil)	1,012
Beta	0.4
Outstanding shares (mil)	22
Enterprise Value (mil)	998

Market risk premium	5.6%
Cost of Equity	5.9%
Cost of Debt	4.85%
WACC	5.7%