(FNTN) freenet - Ratings and Ratios

freenet AG is a German telecommunications company that operates through three main segments: Mobile Communications, TV and Media, and Other/Holding. The Mobile Communications segment is the core business, providing mobile communications services, including voice and data services, WiFi network planning and maintenance, and mobile device sales. The company also offers network-independent services and tariffs, as well as digital lifestyle products. The TV and Media segment provides broadcast-related solutions for business clients, while the Other/Holding segment offers various digital services, including e-commerce, payment services, and IT services.

The companys business model is diversified across multiple brands, including klarmobil.de, freenetmobile.de, and waipu.tv, among others. freenet AG has a strong presence in the German telecommunications market, with a focus on providing a range of services to both consumers and businesses. The companys history dates back to 2005, when it was incorporated as telunico holding AG and later changed its name to freenet AG in March 2005.

From a technical analysis perspective, the stock is currently trading at €28.54, with a 20-day SMA of €31.41 and a 50-day SMA of €32.56. The 200-day SMA is €28.59, indicating a potential support level. The ATR is €0.78, representing a 2.74% daily volatility. Given the current technical setup, it is likely that the stock will face resistance at the €31.41 level, and a break above this level could lead to a further rally towards the 52-week high of €36.12.

From a fundamental analysis perspective, freenet AG has a market capitalization of €3345.87M and a P/E ratio of 11.26, indicating a relatively low valuation compared to its peers. The forward P/E ratio is 11.75, suggesting a slight increase in earnings expectations. The RoE is 16.32%, indicating a relatively high return on equity. Based on the fundamental data, it is likely that the companys earnings will continue to grow, driven by the increasing demand for mobile communications and digital services.

Combining both technical and fundamental analysis, our forecast is that freenet AGs stock will experience a moderate increase in the short term, driven by the companys strong fundamentals and improving technical setup. We expect the stock to trade in a range of €30-€35 in the next quarter, with a potential break above €36.12 if the companys earnings continue to grow as expected. However, if the stock fails to break above the €31.41 resistance level, it may experience a correction towards the €28.59 support level.