Binect AG (MA10.DE)
Weiterstadt, DE
Binect AG, a technology holding firm established in 2004 and headquartered in Weiterstadt, Germany, operates within Germany, specializing in digital business communication, hybrid and digital mail services, and comprehensive output management solutions. The company provides an extensive software and service platform tailored for digitizing diverse business documents and streamlining receipt logistics. Furthermore, it develops and integrates bespoke digital modules and solutions for a broad clientele, including mid-sized enterprises, public authorities, and various other institutions. Originally known as MAX 21 AG, the company officially adopted the name Binect AG in August 2021.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.42% | -2.11% | -5.44% | -6.71% | -17.26% | -12.03% | -31.86% | -41.10% | -56.29% | -87.57% | -95.67% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 1 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Asset Management: +17.4%+5.9% Q4'25: +35.6% (vs Q4'23)
-
EPS growth Asset Management: +22.7%+37.8% ★ Q4'25: +212.1% (vs Q4'23)
-
FCF margin FCF growth · Asset Management: +27.7%+0.2% Q4'25: -0.5% (vs Q4'23)
-
EBIT margin Asset Management: +50.6%+0.2% Q4'25: +0.6% (vs Q4'23)
-
ROIC Asset Management: +6.5%+0.6% Q4'25: +3.8% (vs Q4'23)
-
Share dilution Asset Management: +0.0%+0.0% Q4'25: -0.1% (vs Q4'23)
-
Debt / EBITDA Net debt/EBITDA · Asset Management: -0.03×0.67× ★ Q4'25: 0.30× (vs Q4'23)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 1 EPS Ana. |
Dec 2027 1 Rev. Ana. 1 EPS Ana. |
Dec 2028 1 Rev. Ana. 1 EPS Ana. |
Dec 2029 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
7.26M
est: 6.30M (+15.2%)
|
7.16M
est: 9.80M (-27.0%)
|
1.17M
est: 7.05M (-83.5%)
|
9.37M
est: 8.90M (+5.3%)
|
9.37M
est: 10.23M (-8.4%)
|
10.18M
est: 11.86M (-14.2%)
|
12.53M
est: 12.48M (+0.4%)
|
14.78M
est: 17.58M (-15.9%)
|
20.96M
est: 19.22M (+9.1%)
|
22.20M
est: 21.75M (+2.1%)
|
23.24M
23.24M – 23.24M
+6.8% YoY
|
24.40M
23.82M – 24.98M
+5.0% YoY
|
25.38M
25.38M – 25.38M
+4.0% YoY
|
26.39M
26.39M – 26.39M
+4.0% YoY
|
| EBITDA |
-4.16M
est: 401.6K (-1,135.1%)
|
-4.98M
est: 624.7K (-896.5%)
|
-95.6K
est: 449.5K (-121.3%)
|
-4.13M
est: 567.3K (-828.5%)
|
964.2K
est: 652.4K (+47.8%)
|
633.0K
est: 756.3K (-16.3%)
|
740.6K
est: 795.2K (-6.9%)
|
850.1K
est: 881.6K (-3.6%)
|
775.5K
est: 963.7K (-19.5%)
|
775.4K
est: 1.09M (-28.9%)
|
1.17M
1.17M – 1.17M
+6.8% YoY
|
1.22M
1.19M – 1.25M
+5.0% YoY
|
1.27M
1.27M – 1.27M
+4.0% YoY
|
1.32M
1.32M – 1.32M
+4.0% YoY
|
| EBIT |
-6.02M
est: 148.0K (-4,165.6%)
|
-16.41M
est: 230.3K (-7,226.9%)
|
-128.0K
est: 165.7K (-177.3%)
|
-5.28M
est: 209.1K (-2,627.0%)
|
447.7K
est: 240.5K (+86.2%)
|
190.0K
est: 278.8K (-31.9%)
|
318.2K
est: 293.1K (+8.6%)
|
353.1K
est: 251.8K (+40.2%)
|
36.9K
est: 275.3K (-86.6%)
|
42.6K
est: 311.6K (-86.3%)
|
332.9K
332.9K – 332.9K
+6.8% YoY
|
349.6K
341.2K – 357.9K
+5.0% YoY
|
363.6K
363.6K – 363.6K
+4.0% YoY
|
378.1K
378.1K – 378.1K
+4.0% YoY
|
| Net Income |
-7.51M
est: -7.46M (-0.7%)
|
-16.46M
est: -6.72M (-144.8%)
|
-13.65M
est: -4.67M (-192.1%)
|
-4.76M
est: -2.76M (-72.5%)
|
453.8K
est: -1.49M (+130.5%)
|
99.6K
est: -212.3K (+146.9%)
|
154.7K
est: 257.3K (-39.9%)
|
97.8K
est: -272.8K (+135.9%)
|
86.9K
est: 96.5K (-9.9%)
|
119.7K
est: 225.1K (-46.8%)
|
128.6K
128.6K – 128.6K
-42.9% YoY
|
192.9K
192.9K – 192.9K
+50.0% YoY
|
353.7K
353.7K – 353.7K
+83.3% YoY
|
546.7K
546.7K – 546.7K
+54.5% YoY
|
| SGA |
530.9K
est: 222.6K (+138.5%)
|
590.4K
est: 346.2K (+70.5%)
|
—
est: 249.1K (-100.0%)
|
199.8K
est: 314.4K (-36.4%)
|
367.0K
est: 361.5K (+1.5%)
|
341.0K
est: 419.1K (-18.6%)
|
426.0K
est: 440.7K (-3.3%)
|
558.0K
est: 483.3K (+15.5%)
|
675.0K
est: 528.3K (+27.8%)
|
—
est: 598.0K (-100.0%)
|
638.9K
638.9K – 638.9K
+6.8% YoY
|
670.9K
654.8K – 686.9K
+5.0% YoY
|
697.7K
697.7K – 697.7K
+4.0% YoY
|
725.6K
725.6K – 725.6K
+4.0% YoY
|
| EPS |
-4.27
est: -2.32 (-84.1%)
|
-7.11
est: -2.09 (-240.1%)
|
-5.01
est: -1.45 (-244.9%)
|
-1.75
est: -0.86 (-103.9%)
|
0.17
est: -0.46 (+136.8%)
|
0.03
est: -0.07 (+146.9%)
|
0.05
est: 0.08 (-39.9%)
|
0.03
est: -0.08 (+135.8%)
|
0.03
est: 0.03 (-10.0%)
|
0.04
est: 0.07 (-46.9%)
|
0.04
0.04 – 0.04
-42.9% YoY
|
0.06
0.06 – 0.06
+50.0% YoY
|
0.11
0.11 – 0.11
+83.3% YoY
|
0.17
0.17 – 0.17
+54.5% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | B | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-05-27 | B | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-05-25 | B | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-05-22 | B | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-05-21 | B | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-05-20 | B | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-05-19 | B | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-05-18 | B | 3/5 | 4/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-05-15 | B | 3/5 | 3/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-05-14 | B | 3/5 | 3/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-05-13 | B | 3/5 | 3/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-05-12 | B | 3/5 | 3/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-05-11 | B | 3/5 | 3/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-05-08 | B | 3/5 | 3/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-05-07 | B | 3/5 | 3/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-05-06 | B | 3/5 | 3/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-05-05 | B | 3/5 | 3/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-05-04 | B | 3/5 | 3/5 | 2/5 | 3/5 | 3/5 | 1/5 | 4/5 |
| 2026-04-30 | B | 3/5 | 3/5 | 2/5 | 4/5 | 3/5 | 1/5 | 4/5 |
| 2026-04-29 | B | 3/5 | 3/5 | 2/5 | 4/5 | 3/5 | 1/5 | 4/5 |
| 2026-04-28 | B | 3/5 | 3/5 | 2/5 | 4/5 | 3/5 | 1/5 | 4/5 |
| 2026-04-27 | B | 3/5 | 3/5 | 2/5 | 4/5 | 3/5 | 1/5 | 4/5 |
| 2026-04-24 | B | 3/5 | 3/5 | 2/5 | 4/5 | 3/5 | 1/5 | 4/5 |
| 2026-04-23 | B | 3/5 | 4/5 | 2/5 | 4/5 | 2/5 | 1/5 | 4/5 |
| 2026-04-22 | B | 3/5 | 4/5 | 2/5 | 4/5 | 2/5 | 1/5 | 4/5 |
| 2026-04-21 | B | 3/5 | 4/5 | 2/5 | 4/5 | 2/5 | 1/5 | 4/5 |
| 2026-04-20 | B | 3/5 | 4/5 | 2/5 | 4/5 | 2/5 | 1/5 | 4/5 |
| 2026-04-17 | B+ | 3/5 | 4/5 | 2/5 | 5/5 | 2/5 | 1/5 | 4/5 |
| 2026-04-16 | B+ | 3/5 | 4/5 | 2/5 | 5/5 | 2/5 | 1/5 | 4/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
This company is not held by any ETF in our universe.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Frank Wermeyer | Member of the Management Board | — | — |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for MA10.DE
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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