Flow Traders - Valuation and fundamental analysis

I made a video in which I quickly analysed Flow Traders and its underlying business (what do they actually do, trends etc.), its performance (NTI, FCF), its valuation and future expectations.

Flow Traders is a very difficult company to analyse (mainly due to the difficulty in estimating future cash flows) I based my expectations on underlying market conditions and historical figures as can be seen in the analysis.


I don’t make video’s often and do not plan on making them consistently as this is just a hobby.