The selling pressure regarding Fastned B.V. shares could subside shortly. In fact, the support area that is currently being tested around 30.85 EUR has come into play and could, at least in the short term, keep the downside pressure at bay.
Summary
● On the basis of various fundamental qualitative criteria, the company appears to be particularly poorly ranked from a medium and long-term investment perspective.
● From a short-term investment perspective, the company presents a deteriorated fundamental situation
Strengths
● According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
● Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses
● The company's profitability before interest, taxes, depreciation and amortization characterizes fragile margins.
● The company has insufficient levels of profitability.
● The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
● The company's "enterprise value to sales" ratio is among the highest in the world.
● The company appears highly valued given the size of its balance sheet.
● For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
● For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
● Over the past twelve months, analysts' opinions have been revised negatively.
● The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.
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Fastned B.V. specializes in the construction and operation of fast charging stations for fully electric vehicles. In 2023, the group delivered 99,600 MWh of electricity, all sourced from renewable sources.
At the end of 2023, Fastned had 297 stations located in Europe.
Net sales are distributed geographically as follows: the Netherlands (68%), Germany (11.8%), Belgium (9.3%), France (5.5%), the United Kingdom (5%) and Europe (0.4%).
FASTNED B.V. 
