Under 23 · La Liga · 2026-27

Best U23 Young Players in the La Liga

95 players aged 23 or under · ranked by Analytical Strength Index

Best Young Players in the La Liga (Jun 2026)

Ranked by Analytical Strength Index

Market Overview: La Liga Young Players 2026-27

Our database tracked 95 La Liga Young Players in the 2026-27 season, representing 19 clubs with a combined market value of €1.9B. The average market value for La Liga Young Players was €20.1M, with the average age at 22 years old.

The most valuable young player in the La Liga was Pedri, worth €140.0M and played for FC Barcelona at 23 years old. The top 5 Young Players averaged €106.0M in market value, including Jude Bellingham and Arda Güler.

Age distribution showed the youngest tracked young player was Lamine Yamal (18 years, FC Barcelona, €200.0M), while the oldest was Pedri (23 years, FC Barcelona, €140.0M). Research shows Young Players typically peak at age 26-27.

Historical analysis showed 95 Young Players (100%) increased in market value over the following 12 months based on age-curve trajectories, then-current performance trends, and playing time analysis. The La Liga market for Young Players remained highly competitive with significant transfer activity in the 2026-27 season.

💡 Use the search bar below to find specific players, or apply filters to narrow results by club, age range, or market value. Click the chart icon next to any player to view their historical value trajectory and forecast.

Market Intelligence

Explore Market Size by Position in La Liga

Interactive bubble chart showing predicted 2-year growth vs current age for all La Liga Young Players. Identify undervalued assets and track market momentum across 19 clubs with €1.9B combined value.

Players Tracked

By League

Premier League La Liga Bundesliga Serie A Ligue 1

By Position

GK CB LB RB CDM

More Positions

CM CAM LW RW ST

By Season

2025-26 2024-25 2023-24 2022-23

Age Distribution: La Liga Young Players

The La Liga ALL market shows 2 distinct age segments, with the largest cohort in the 21-23 bracket (85 players, 89% of market). The 21-23 age group holds the most value at €1.5B, averaging €17.6M per player.

U21 years10 players (11%)

€417.4MAvg: €41.7M

Top player: Lamine Yamal (€200.0M)

21-23 years85 players (89%)

€1.5BAvg: €17.6M

Top player: Jude Bellingham (€160.0M)

Top Young Players by Age Bracket

U21 Years (10 players)

1. Pau Cubarsí(19yo)

€80.0M

2. Lamine Yamal(18yo)

€200.0M

3. Franco Mastantuono(18yo)

€50.0M

4. Vitor Reis(20yo)

€30.0M

5. Claudio Echeverri(20yo)

€15.0M

21-23 Years (85 players)

1. Pedri(23yo)

€140.0M

2. Jude Bellingham(22yo)

€160.0M

3. Arda Güler(21yo)

€90.0M

4. Fermín López(23yo)

€70.0M

5. Dean Huijsen(21yo)

€70.0M

Market Value Distribution

Elite Tier Concentration

44%of market value

The top 10 Young Players (11% of players) control €850.0M

1. Pedri€140.0M

2. Jude Bellingham€160.0M

3. Arda Güler€90.0M

4. Fermín López€70.0M

5. Dean Huijsen€70.0M

Market Tiers

Elite (€50M+)13 players (14%)

€1.1B

Premium (€30-50M)6 players (6%)

€200.0M

High (€15-30M)15 players (16%)

€261.0M

Mid (€5-15M)25 players (26%)

€208.5M

Emerging (<€5M)36 players (38%)

€91.5M

Market structure shows distributed value with elite (€50m+) tier representing 14% of the La Liga ALL pool.

Elite (€50M+)

1. Pedri

FC Barcelona€140.0M

2. Jude Bellingham

Real Madrid€160.0M

3. Arda Güler

Real Madrid€90.0M

4. Fermín López

FC Barcelona€70.0M

5. Dean Huijsen

Real Madrid€70.0M

Premium (€30-50M)

1. Giuliano Simeone

Atlético de Madrid€40.0M

2. Gavi

FC Barcelona€40.0M

3. Raúl Asencio

Real Madrid€30.0M

4. Mikel Jauregizar

Athletic Bilbao€30.0M

5. Alberto Moleiro

Villarreal CF€30.0M

High (€15-30M)

1. Marc Casadó

FC Barcelona€25.0M

2. Javi Guerra

Valencia CF€25.0M

3. Renato Veiga

Villarreal CF€25.0M

4. Karl Etta Eyong

Levante UD€20.0M

5. Fer López

Celta de Vigo€16.0M

Club Distribution: La Liga Young Players

Among 19 La Liga clubs, FC Barcelona leads with 9 Young Players worth €635.0M (averaging €70.6M per player). The top 10 clubs account for 71% of tracked Young Players.

FC Barcelona

9 players • €635.0M

Real Madrid

8 players • €525.0M

Atlético de Madrid

4 players • €130.0M

Athletic Bilbao

6 players • €102.5M

Celta de Vigo

7 players • €70.5M

Villarreal CF

6 players • €68.3M

Girona FC

7 players • €65.9M

Real Sociedad

7 players • €64.5M

Levante UD

5 players • €46.0M

#10

Elche CF

8 players • €46.0M

FC Barcelona (9 Young Players)

Lamine Yamal(18yo)

€200.0M

Pedri(23yo)

€140.0M

Pau Cubarsí(19yo)

€80.0M

Fermín López(23yo)

€70.0M

Alejandro Balde(22yo)

€60.0M

Real Madrid (8 Young Players)

Jude Bellingham(22yo)

€160.0M

Arda Güler(21yo)

€90.0M

Dean Huijsen(21yo)

€70.0M

Álvaro Carreras(23yo)

€60.0M

Eduardo Camavinga(23yo)

€50.0M

Atlético de Madrid (4 Young Players)

Pablo Barrios(22yo)

€60.0M

Giuliano Simeone(23yo)

€40.0M

Matteo Ruggeri(23yo)

€15.0M

Marc Pubill(22yo)

€15.0M

Athletic Bilbao (6 Young Players)

Nico Williams(23yo)

€60.0M

Mikel Jauregizar(22yo)

€30.0M

Unai Gómez(23yo)

€5.0M

Adama Boiro(23yo)

€3.0M

Álex Padilla(22yo)

€3.0M

Player Rankings

Ranked by Analytical Strength Index. Click any player to view full profile, or click the chart icon to see value history.

Pedri

FC Barcelona • 23 years old

€121.1M

€140.0M

+15.6%

€137.3M€174.7M

Expected: €156.0M

95.5

Jude Bellingham

Real Madrid • 22 years old

€138.4M

€160.0M

+15.6%

€149.8M€202.7M

Expected: €176.3M

94.4

Arda Güler

Real Madrid • 21 years old

€77.8M

€90.0M

+15.6%

€85.5M€121.1M

Expected: €103.3M

93.3

Fermín López

FC Barcelona • 23 years old

€60.5M

€70.0M

+15.6%

€66.3M€89.7M

Expected: €78.0M

92.3

Dean Huijsen

Real Madrid • 21 years old

€60.5M

€70.0M

+15.6%

€69.2M€91.4M

Expected: €80.3M

92.2

Álvaro Carreras

Real Madrid • 23 years old

€51.9M

€60.0M

+15.6%

€58.8M€74.9M

Expected: €66.9M

91.5

Nico Williams

Athletic Bilbao • 23 years old

€51.9M

€60.0M

+15.6%

€58.8M€74.9M

Expected: €66.9M

91.3

Pau Cubarsí

FC Barcelona • 19 years old

€69.2M

€80.0M

+15.6%

€85.5M€112.8M

Expected: €99.1M

91.1

Alejandro Balde

FC Barcelona • 22 years old

€51.9M

€60.0M

+15.6%

€58.2M€74.0M

Expected: €66.1M

90.8

#10

Pablo Barrios

Atlético de Madrid • 22 years old

€51.9M

€60.0M

+15.6%

€58.2M€74.0M

Expected: €66.1M

90.7

#11

Lamine Yamal

FC Barcelona • 18 years old

€173.0M

€200.0M

+15.6%

€221.6M€292.5M

Expected: €257.0M

90.1

#12

Eduardo Camavinga

Real Madrid • 23 years old

€43.2M

€50.0M

+15.6%

€49.0M€62.4M

Expected: €55.7M

89.2

#13

Giuliano Simeone

Atlético de Madrid • 23 years old

€34.6M

€40.0M

+15.6%

€39.2M€49.9M

Expected: €44.6M

86.2

#14

Franco Mastantuono

Real Madrid • 18 years old

€43.2M

€50.0M

+15.6%

€55.4M€73.1M

Expected: €64.3M

86.1

#15

Gavi

FC Barcelona • 21 years old

€34.6M

€40.0M

+15.6%

€39.6M€52.2M

Expected: €45.9M

85.2

#16

Raúl Asencio

Real Madrid • 23 years old

€25.9M

€30.0M

+15.6%

€28.3M€36.0M

Expected: €32.1M

79.2

#18

Mikel Jauregizar

Athletic Bilbao • 22 years old

€25.9M

€30.0M

+15.6%

€27.9M€35.6M

Expected: €31.8M

78.5

#17

Alberto Moleiro

Villarreal CF • 22 years old

€25.9M

€30.0M

+15.6%

€27.9M€35.6M

Expected: €31.8M

78.5

#19

Vitor Reis

Girona FC • 20 years old

€25.9M

€30.0M

+15.6%

€29.7M€39.1M

Expected: €34.4M

77.2

#20

Marc Casadó

FC Barcelona • 22 years old

€21.6M

€25.0M

+15.6%

€24.3M€30.9M

Expected: €27.6M

77.0

Showing 1-20 of 95

Scout Tools

Advanced analytics for scouting and recruitment decisions. Each tool provides unique insights into player value, potential, and market dynamics.

Pre-Peak Value Efficiency (PPVE)

Identifies pre-peak players offering exceptional value relative to their age bracket. Higher PPVE = better value.

Understanding Pre-Peak Value Efficiency (PPVE)

Real Madrid's Jude Bellingham at 22 years old has the highest Pre-Peak Value Efficiency at 26.67×. That means Jude Bellingham is valued 26.67× higher than the median player in the 21-23 age bracket-representing exceptional value before reaching peak age.

In second is FC Barcelona's Pedri, who is 23 years old, with a 23.33× PPVE. Third is Arda Güler of Real Madrid, who is 21 years old with a 15.00× PPVE.

How PPVE is calculated: PPVE compares a player's current market value to the median value of all players in their age bracket. A PPVE of 26.67× means the player is worth 2567% more than typical players their age-making them high-value targets before they reach peak value.

PPVE by Age Bracket

Jude BellinghamReal Madrid

21-23 • 22yo26.67×

€160.0M • 2567% above median

PedriFC Barcelona

21-23 • 23yo23.33×

€140.0M • 2233% above median

Arda GülerReal Madrid

21-23 • 21yo15.00×

€90.0M • 1400% above median

Lamine YamalFC Barcelona

U21 • 18yo13.33×

€200.0M • 1233% above median

Fermín LópezFC Barcelona

21-23 • 23yo11.67×

€70.0M • 1067% above median

Dean HuijsenReal Madrid

21-23 • 21yo11.67×

€70.0M • 1067% above median

Alejandro BaldeFC Barcelona

21-23 • 22yo10.00×

€60.0M • 900% above median

Nico WilliamsAthletic Bilbao

21-23 • 23yo10.00×

€60.0M • 900% above median

Pablo BarriosAtlético de Madrid

21-23 • 22yo10.00×

€60.0M • 900% above median

Álvaro CarrerasReal Madrid

21-23 • 23yo10.00×

€60.0M • 900% above median

Eduardo CamavingaReal Madrid

21-23 • 23yo8.33×

€50.0M • 733% above median

GaviFC Barcelona

21-23 • 21yo6.67×

€40.0M • 567% above median

Giuliano SimeoneAtlético de Madrid

21-23 • 23yo6.67×

€40.0M • 567% above median

Pau CubarsíFC Barcelona

U21 • 19yo5.33×

€80.0M • 433% above median

Alberto MoleiroVillarreal CF

21-23 • 22yo5.00×

€30.0M • 400% above median

Rank	Player	Age	Bracket	Current Value	Bracket Median	PPVE
#1	Jude Bellingham Real Madrid	22	21-23	€160.0M	€6.0M	26.67×
#2	Pedri FC Barcelona	23	21-23	€140.0M	€6.0M	23.33×
#3	Arda Güler Real Madrid	21	21-23	€90.0M	€6.0M	15.00×
#4	Lamine Yamal FC Barcelona	18	U21	€200.0M	€15.0M	13.33×
#5	Fermín López FC Barcelona	23	21-23	€70.0M	€6.0M	11.67×
#6	Dean Huijsen Real Madrid	21	21-23	€70.0M	€6.0M	11.67×
#7	Alejandro Balde FC Barcelona	22	21-23	€60.0M	€6.0M	10.00×
#8	Nico Williams Athletic Bilbao	23	21-23	€60.0M	€6.0M	10.00×
#9	Pablo Barrios Atlético de Madrid	22	21-23	€60.0M	€6.0M	10.00×
#10	Álvaro Carreras Real Madrid	23	21-23	€60.0M	€6.0M	10.00×
#11	Eduardo Camavinga Real Madrid	23	21-23	€50.0M	€6.0M	8.33×
#12	Gavi FC Barcelona	21	21-23	€40.0M	€6.0M	6.67×
#13	Giuliano Simeone Atlético de Madrid	23	21-23	€40.0M	€6.0M	6.67×
#14	Pau Cubarsí FC Barcelona	19	U21	€80.0M	€15.0M	5.33×
#15	Alberto Moleiro Villarreal CF	22	21-23	€30.0M	€6.0M	5.00×
#16	Raúl Asencio Real Madrid	23	21-23	€30.0M	€6.0M	5.00×
#17	Mikel Jauregizar Athletic Bilbao	22	21-23	€30.0M	€6.0M	5.00×
#18	Marc Casadó FC Barcelona	22	21-23	€25.0M	€6.0M	4.17×
#19	Renato Veiga Villarreal CF	22	21-23	€25.0M	€6.0M	4.17×
#20	Javi Guerra Valencia CF	23	21-23	€25.0M	€6.0M	4.17×

Return-to-Peak Potential (RPP)

Recovery potential from current value to forecasted peak. Shows how much upside remains for players approaching their prime.

Understanding Return-to-Peak Potential (RPP)

Girona FC's Vladyslav Krapyvtsov at 20 years old has the highest Return-to-Peak Potential at +48%. That means Vladyslav Krapyvtsov is projected to appreciate 48% as they reach their peak age in 6 years-representing significant upside before entering their prime.

In second is Real Madrid's Franco Mastantuono, who is 18 years old, with a +44% RPP (8 years to peak). Third is Lamine Yamal of FC Barcelona, who is 18 years old with a +44% RPP (8 years to peak).

How RPP is calculated: RPP compares a player's current market value to their forecasted peak value, calculating the percentage appreciation potential. A 48% RPP means the player is expected to gain 48% value as they enter their prime-making them excellent growth investments.

Recovery Potential by Player

Vladyslav KrapyvtsovGirona FC

6yr to peak+48%

€400K → €769K

Franco MastantuonoReal Madrid

8yr to peak+44%

€50.0M → €89.4M

Lamine YamalFC Barcelona

8yr to peak+44%

€200.0M → €357.4M

Marc BernalFC Barcelona

7yr to peak+44%

€10.0M → €17.9M

Alejandro IturbeElche CF

4yr to peak+40%

€2.0M → €3.3M

Héctor FortElche CF

7yr to peak+40%

€12.0M → €19.9M

Pau CubarsíFC Barcelona

7yr to peak+40%

€80.0M → €133.0M

Álex PadillaAthletic Bilbao

4yr to peak+40%

€3.0M → €5.0M

Lucas BergströmRCD Mallorca

3yr to peak+35%

€1.5M → €2.3M

Vitor ReisGirona FC

6yr to peak+35%

€30.0M → €46.4M

Jon MartínReal Sociedad

6yr to peak+35%

€10.0M → €15.5M

Roony BardghjiFC Barcelona

6yr to peak+35%

€10.0M → €15.5M

Claudio EcheverriGirona FC

6yr to peak+35%

€15.0M → €23.2M

Willy KambwalaVillarreal CF

5yr to peak+30%

€4.0M → €5.7M

Alan MatturroLevante UD

5yr to peak+30%

€4.0M → €5.7M

Rank	Player	Age	Years to Peak	Current	Peak Forecast	RPP %
#1	Vladyslav Krapyvtsov Girona FC	20	6	€400K	€769K	+48%
#2	Franco Mastantuono Real Madrid	18	8	€50.0M	€89.4M	+44%
#3	Lamine Yamal FC Barcelona	18	8	€200.0M	€357.4M	+44%
#4	Marc Bernal FC Barcelona	19	7	€10.0M	€17.9M	+44%
#5	Alejandro Iturbe Elche CF	22	4	€2.0M	€3.3M	+40%
#6	Héctor Fort Elche CF	19	7	€12.0M	€19.9M	+40%
#7	Pau Cubarsí FC Barcelona	19	7	€80.0M	€133.0M	+40%
#8	Álex Padilla Athletic Bilbao	22	4	€3.0M	€5.0M	+40%
#9	Lucas Bergström RCD Mallorca	23	3	€1.5M	€2.3M	+35%
#10	Vitor Reis Girona FC	20	6	€30.0M	€46.4M	+35%
#11	Jon Martín Real Sociedad	20	6	€10.0M	€15.5M	+35%
#12	Roony Bardghji FC Barcelona	20	6	€10.0M	€15.5M	+35%
#13	Claudio Echeverri Girona FC	20	6	€15.0M	€23.2M	+35%
#14	Willy Kambwala Villarreal CF	21	5	€4.0M	€5.7M	+30%
#15	Alan Matturro Levante UD	21	5	€4.0M	€5.7M	+30%
#16	Ángel Ortiz Real Betis Balompié	21	5	€4.0M	€5.7M	+30%
#17	Álvaro Rodríguez Elche CF	21	5	€4.0M	€5.7M	+30%
#18	Pau Navarro Villarreal CF	21	5	€5.0M	€7.2M	+30%
#19	Gavi FC Barcelona	21	5	€40.0M	€57.5M	+30%
#20	Joel Roca Girona FC	21	5	€5.0M	€7.2M	+30%

Risk-Adjusted Upside (RAU)

Upside potential weighted against forecast uncertainty. Higher RAU = better risk-reward profile.

Understanding Risk-Adjusted Upside (RAU)

Girona FC's Vladyslav Krapyvtsov has the highest Risk-Adjusted Upside at 118.5. That means Vladyslav Krapyvtsov has 28% upside potential with only 0% forecast uncertainty-representing excellent risk-reward for value appreciation.

In second is Elche CF's Alejandro Iturbe with a 100.1 RAU (19% upside, 0% uncertainty). Third is Álex Padilla of Athletic Bilbao with a 100.1 RAU (19% upside, 0% uncertainty).

How RAU is calculated: RAU divides upside potential by forecast uncertainty (RAU = Upside % ÷ Uncertainty %). A RAU of 118.5 means the upside is 118.5× greater than the uncertainty-making it a high-confidence growth opportunity. Target RAU ≥2.0 for balanced risk-reward.

Risk-Adjusted Upside by Player

Vladyslav KrapyvtsovGirona FC

↑28% / ±0%118.5

Range: €464K - €559K

Alejandro IturbeElche CF

↑19% / ±0%100.1

Range: €2.2M - €2.6M

Álex PadillaAthletic Bilbao

↑19% / ±0%100.1

Range: €3.3M - €3.9M

Franco MastantuonoReal Madrid

↑29% / ±0%80.4

Range: €55.4M - €73.1M

Lamine YamalFC Barcelona

↑29% / ±0%80.4

Range: €221.6M - €292.5M

Lucas BergströmRCD Mallorca

↑15% / ±0%79.9

Range: €1.6M - €1.9M

Pau CubarsíFC Barcelona

↑24% / ±0%70.0

Range: €85.5M - €112.8M

Marc BernalFC Barcelona

↑23% / ±0%68.9

Range: €10.6M - €14.1M

Héctor FortElche CF

↑19% / ±0%58.0

Range: €12.3M - €16.3M

Claudio EcheverriGirona FC

↑19% / ±0%47.0

Range: €14.8M - €21.0M

Dean HuijsenReal Madrid

↑15% / ±0%46.6

Range: €69.2M - €91.4M

GaviFC Barcelona

↑15% / ±0%46.6

Range: €39.6M - €52.2M

Vitor ReisGirona FC

↑15% / ±0%46.3

Range: €29.7M - €39.1M

Jon MartínReal Sociedad

↑15% / ±0%46.3

Range: €9.9M - €13.0M

Roony BardghjiFC Barcelona

↑15% / ±0%46.3

Range: €9.9M - €13.0M

Rank	Player	Expected	Range	Upside %	RAU
#1	Vladyslav Krapyvtsov Girona FC	€512K	€464K-559K	+28%	118.5
#2	Alejandro Iturbe Elche CF	€2.4M	€2.2M-2.6M	+19%	100.1
#3	Álex Padilla Athletic Bilbao	€3.6M	€3.3M-3.9M	+19%	100.1
#4	Franco Mastantuono Real Madrid	€64.3M	€55.4M-73.1M	+29%	80.4
#5	Lamine Yamal FC Barcelona	€257.0M	€221.6M-292.5M	+29%	80.4
#6	Lucas Bergström RCD Mallorca	€1.7M	€1.6M-1.9M	+15%	79.9
#7	Pau Cubarsí FC Barcelona	€99.1M	€85.5M-112.8M	+24%	70.0
#8	Marc Bernal FC Barcelona	€12.3M	€10.6M-14.1M	+23%	68.9
#9	Héctor Fort Elche CF	€14.3M	€12.3M-16.3M	+19%	58.0
#10	Claudio Echeverri Girona FC	€17.9M	€14.8M-21.0M	+19%	47.0
#11	Dean Huijsen Real Madrid	€80.3M	€69.2M-91.4M	+15%	46.6
#12	Gavi FC Barcelona	€45.9M	€39.6M-52.2M	+15%	46.6
#13	Vitor Reis Girona FC	€34.4M	€29.7M-39.1M	+15%	46.3
#14	Jon Martín Real Sociedad	€11.5M	€9.9M-13.0M	+15%	46.3
#15	Roony Bardghji FC Barcelona	€11.5M	€9.9M-13.0M	+15%	46.3
#16	Nico Williams Athletic Bilbao	€66.9M	€58.8M-74.9M	+11%	42.8
#17	Álvaro Carreras Real Madrid	€66.9M	€58.8M-74.9M	+11%	42.8
#18	Giuliano Simeone Atlético de Madrid	€44.6M	€39.2M-49.9M	+11%	42.8
#19	Eduardo Camavinga Real Madrid	€55.7M	€49.0M-62.4M	+11%	42.8
#20	Pedri FC Barcelona	€156.0M	€137.3M-174.7M	+11%	42.8

Roster Pressure Index (RPI)

Squad depth pressure based on Z-score distribution. Negative RPI = thin depth, positive = deep roster.

What This Shows

Z-Score explained: Measures how many standard deviations a player's strength is from the position average. Z-Score = 0 means average, +1.0 is one standard deviation above average, -1.0 is below average.

How to use: RPI < -1.0 indicates critical depth shortage. These positions need immediate reinforcement. RPI > +1.0 suggests strong depth, allowing selective, high-value additions only.

Current market: young player position shows weak depth (avg Z-score: -0.00). RPI: -0.00.

Position Depth Analysis

Total Players

-0.00

Avg Z-Score

-0.00

RPI Score

Weak DepthStrong Depth

-3.00+3.0

Highest Z-Scores

Lamine Yamal+5.43

Jude Bellingham+4.22

Pedri+3.62

Arda Güler+2.11

Pau Cubarsí+1.81

Lowest Z-Scores

Vladyslav Krapyvtsov-0.60

David López-0.59

Pau Cabanes-0.58

Justin Kalumba-0.58

Yago Santiago-0.58

Age-Share Concentration (ASC)

Identifies players capturing disproportionate value relative to age group representation. Positive ASC = value concentration.

Understanding Age-Share Concentration (ASC)

Getafe CF's Coba da Costa in the 21-23 age bracket has the highest Age-Share Concentration at +-11.3%. That means Pedri captures 78.2% of total market value while representing only 89.5% of players in their age group-showing dominant elite status.

In second is Rayo Vallecano's Nobel Mendy with a +-11.3% ASC (78.2% value share vs 89.5% player share in 21-23 bracket). Third is Karl Etta Eyong of Levante UD with a +-11.3% ASC (78.2% value vs 89.5% players in 21-23 bracket).

How ASC is calculated: ASC = (% of total value) - (% of total players) in age bracket. A +-11.3% ASC means the player captures -11.3% more market value than their numerical representation-indicating marquee status. ASC > +15% = elite dominance, ASC < -15% = potential value targets.