Turbo Energy, S.A.
TURBdata completeness 88%4 fiscal years on fileData notes: no data for concept 'interestExpense'
Turbo Energy, S.A. earns about -501% on invested capital, below its ~9% cost of capital, but has diluted owners by 10% over 4 years — no moat visible in the numbers. The estimate methods put fair value between €0.13 and €0.21 a share.Whether it’s worth owning at today’s price is the last question — and yours to answer, below.
| Figure | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|
| Revenue | €17.2M1 | €31.1M2 | €13.1M2 | €9.64M2 |
| Net income | €267,2223 | €1.03M4 | −€2.01M4 | −€3.34M4 |
| Operating cash flow | €71,6045 | −€5.65M6 | €182,8456 | €986,9496 |
| Capital expenditure | €17,8717 | €133,1408 | €28,0258 | €126,5928 |
| Free cash flow (derived) | €53,7335 | −€5.78M6 | €154,8206 | €860,3576 |
| Total debt | — | €324,2929 | €94,31310 | — |
| Cash & equivalents | €616,44511 | €502,58511 | €620,53111 | €2.38M11 |
| Diluted shares | 50.1M | 50.1M | 55.1M | 55.1M |
Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).
10 shares is a claim on €0.48 of net worth that earned you −€0.61 and generated €0.16 of cash last year.
It earned about -501% on invested capital against a ~9% cost of capital — below the cost of funding. The numbers show no moat.
seeing a moat in the numbers →Share count is up 10% over 4 years — owners have been diluted. Worth asking what they got for it. Total debt has fallen 71% — deleveraging.
reading capital allocation →Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.
The 2 estimate methods that apply put fair value between €0.13 and €0.21 a share. They rest on different assumptions, so where they diverge is the story.
assumptions (10)
- riskFreeRate4.7%
- equityRiskPremium5.0%
- beta100.0%
- equityWeight85.0%
- costOfDebtSpread1.5%
- taxRate21.0%
- terminalGrowth2.5%
- projectionYears10
- fcfGrowth20.0%
- fcfBase€154,820
assumptions (10)
- riskFreeRate4.7%
- equityRiskPremium5.0%
- beta100.0%
- equityWeight85.0%
- costOfDebtSpread1.5%
- taxRate21.0%
- terminalGrowth2.5%
- projectionYears5
- fcfGrowth20.0%
- fcfBase€154,820
Different models answer different questions — which to trust when →
| Bear | 0.0% | €0.08 |
| Base | 20.0% | €0.13 |
| Bull | 20.0% | €0.13 |
Bear/base/bull growth = 0% / filed history / history + 5pp. Type a price to see the return each case implies.
Default growth 20.0%= this company’s own filed history (median-to-median FCF CAGR, clamped 0–20%). Your adjustments are recorded anonymously. They become the “what do owners actually believe” dataset.
- 20-F · period ending 2021-12-31 · accession 0001213900-24-033958 (Revenue)
- 20-F · period ending 2022-12-31 · accession 0001213900-25-035610 (Revenue)
- 20-F · period ending 2021-12-31 · accession 0001213900-24-033958 (ProfitLoss)
- 20-F · period ending 2022-12-31 · accession 0001213900-25-035610 (ProfitLoss)
- 20-F · period ending 2021-12-31 · accession 0001213900-24-033958 (CashFlowsFromUsedInOperatingActivities)
- 20-F · period ending 2022-12-31 · accession 0001213900-25-035610 (CashFlowsFromUsedInOperatingActivities)
- 20-F · period ending 2021-12-31 · accession 0001213900-24-033958 (PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities)
- 20-F · period ending 2022-12-31 · accession 0001213900-25-035610 (PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities)
- 20-F · period ending 2022-12-31 · accession 0001213900-24-033958 (Borrowings)
- 20-F · period ending 2023-12-31 · accession 0001213900-25-035610 (Borrowings)
- 20-F · period ending 2021-12-31 · accession 0001213900-25-035610 (CashAndCashEquivalents)