The Kapital
INVEST. THINK. AHEAD.
STOCK ANALYSIS · GERMANY
Deutsche Bank 2026: Is the Comeback Only Beginning?
Record profits, stronger capital returns and the question that matters now: how much of the turnaround is already priced in?
adidas: Record Sales — Is the Stock Already Too Expensive?
PDD at $78: The Cash Mountain vs. the Temu Risk
Baidu: Cloud, Robotaxis and the Valuation Gap
JD.com: The Hidden Value of Its Logistics Machine
E.ON: The Grid Business as a Long-Term Compounder
Infineon: Data Centers and the Next Power Cycle
WACC Explained: Why 1% Can Move Fair Value So Much
Netflix: The Margin Machine Is Working — Growth Is the Harder Question
ROIC Explained
Enterprise Value Explained
Market vs. Limit Orders
ETF Costs: Why “Zero Fee” Is Not Free
Cash Sweep Explained
Tax Allowances: Keeping More of Your Investment Return
