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GFT: The low Valuation is Supported by a €15 Million Share Buyback Program. Transformation Into an AI-Centered Company!

J. Meyer
Reading Time: 2 minutes

GFT (i) (WKN 580060) announced last night the launch of a share buyback program. It amounts to 15 million euros or 2.48% of all shares. The start will be in April and is expected to be completed by mid-October. Management aims to take advantage of the "generally low valuation of the entire small-cap market." This makes sense, as the GFT stock is trading at the price level of 2021 and is valued very attractively with a forward P/S ratio of 0.63 and a forward P/E ratio of 10.6. Additionally, there is more than 2% in dividend yield. By 2029, GFT...

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