Veganz Group AG — Cyborg Score 4/10

Mixed
Plant-Based Food Manufacturing & Distribution

Strategic Profile

Veganz operates through diversified revenue streams including retail-branded channels, private-label/contract manufacturing, and ingredient/food-tech B2B activities, reducing dependence on single sales streams. Analysts expect sharply increasing business volumes with high growth rates and have revised sales estimates significantly upwards over the past four months.

Cyborg Score Rationale

The stock is impacted by poor financial performance and bearish technical indicators, though a low P/E ratio suggests potential undervaluation with significant financial instability concerns. The company struggles with negative free cash flow and consistently negative operating cash flow.

Top Insights

  • 37.7% gross margins indicate healthy product economics with credible path to profitability if operating costs are controlled
  • Company operates efficiently with only 91 employees while managing consumer brands and food-tech operations
  • No dividend payments to shareholders while company is loss-making
  • Market capitalization of approximately 10.19 million EUR as of latest data

Named Competitors

  • Plant-based alternatives — Meat alternatives (US-based competitor)
  • Plant-based alternatives — Dairy alternatives (Swedish competitor)
  • Plant-based alternatives — Organic plant-based foods (regional competitor)

Recent Developments

  • (Nov 2025) Analysts revised upwards sales and EPS estimates with positive consensus recommending stock purchases
  • (2024) Negative free cash flow of 4.5M EUR, improved from 6.0M EUR loss in 2023
  • (Nov 2021) Company completed IPO on XETRA exchange

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