Prices and market caps: Cboe delayed data, at least 15 minutes delayed. Not real-time. Fundamentals from company filings.

HERE — Fair Value Analysis

Here Group Ltd

Current: $1.63Undervalued

Fair Value Range

Bear Case (25th pct.)

$3.50

114.7% vs price

Base Case (Median)

$3.83

135.0% vs price

Bull Case (75th pct.)

$4.83

196.3% vs price

$3.50$3.83$4.83

◇ = Current price | | Bear | Base | Bull

Method Breakdown

Method	Est. Value	vs Price	Weight
DCF (Discounted Cash Flow)	$3.50	114.8%	High (40%)
PE Comparable	$5.72	250.9%	Medium (25%)
Graham Number	$2.18	34.0%	Medium (30%)
EV/EBITDA	$4.83	196.5%	Medium (20%)
EV/FCF	$3.83	134.7%	Medium (20%)

Interpretation

Based on 5 out of 7 methods, HERE appears undervalued at the current price of $1.63. The base case fair value of $3.83 implies 135.0% upside.

Bear/base/bull cases represent the 25th, 50th, and 75th percentile of available method estimates. This is not financial advice. Valuation is inherently uncertain.