Auction Technology Group plc

LSE:ATG Stock Report

Market Cap: UK£652.4m

Auction Technology Group Valuation

Is ATG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ATG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ATG (£5.36) is trading below our estimate of fair value (£10.56)

Significantly Below Fair Value: ATG is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for ATG?

Key metric: As ATG is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ATG. This is calculated by dividing ATG's market cap by their current earnings.
What is ATG's PE Ratio?
PE Ratio34.1x
EarningsUS$24.19m
Market CapUS$824.32m

Price to Earnings Ratio vs Peers

How does ATG's PE Ratio compare to its peers?

The above table shows the PE ratio for ATG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21x
MEGP ME Group International
16x7.3%UK£845.8m
ANX Anexo Group
9.5x44.3%UK£90.3m
YNGA Young's Brewery
43.1x28.7%UK£516.4m
JDW J D Wetherspoon
15.5x12.1%UK£756.9m
ATG Auction Technology Group
34.1x11.9%UK£652.4m

Price-To-Earnings vs Peers: ATG is expensive based on its Price-To-Earnings Ratio (34.1x) compared to the peer average (21x).


Price to Earnings Ratio vs Industry

How does ATG's PE Ratio compare vs other companies in the European Consumer Services Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
ATG 34.1xIndustry Avg. 20.2xNo. of Companies6PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ATG is expensive based on its Price-To-Earnings Ratio (34.1x) compared to the European Consumer Services industry average (20.1x).


Price to Earnings Ratio vs Fair Ratio

What is ATG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ATG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio34.1x
Fair PE Ratio19.3x

Price-To-Earnings vs Fair Ratio: ATG is expensive based on its Price-To-Earnings Ratio (34.1x) compared to the estimated Fair Price-To-Earnings Ratio (19.3x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ATG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£5.36
UK£6.17
+15.2%
22.7%UK£8.70UK£3.80n/a8
Nov ’25UK£4.69
UK£6.91
+47.4%
22.8%UK£9.40UK£5.20n/a7
Oct ’25UK£4.15
UK£7.05
+70.1%
22.5%UK£9.40UK£5.30n/a7
Sep ’25UK£4.17
UK£7.07
+69.7%
22.2%UK£9.40UK£5.40n/a7
Aug ’25UK£5.02
UK£7.16
+42.5%
22.1%UK£9.40UK£5.40n/a7
Jul ’25UK£4.77
UK£7.47
+56.7%
20.1%UK£9.40UK£5.60n/a6
Jun ’25UK£5.22
UK£7.47
+43.0%
20.1%UK£9.40UK£5.60n/a6
May ’25UK£4.97
UK£7.49
+50.9%
19.8%UK£9.40UK£5.70n/a6
Apr ’25UK£6.18
UK£7.44
+20.5%
21.9%UK£9.80UK£5.80n/a7
Mar ’25UK£6.07
UK£7.44
+22.6%
21.9%UK£9.80UK£5.80n/a7
Feb ’25UK£5.18
UK£7.33
+41.5%
23.8%UK£9.80UK£5.50n/a7
Jan ’25UK£5.22
UK£7.72
+47.9%
20.8%UK£9.80UK£5.82n/a6
Dec ’24UK£4.91
UK£10.06
+105.1%
23.0%UK£15.36UK£7.50UK£5.167
Nov ’24UK£5.72
UK£10.43
+82.3%
20.1%UK£15.36UK£8.80UK£4.697
Oct ’24UK£6.53
UK£10.57
+61.8%
21.1%UK£15.36UK£9.00UK£4.156
Sep ’24UK£6.95
UK£10.57
+52.1%
21.1%UK£15.36UK£9.00UK£4.176
Aug ’24UK£7.03
UK£10.57
+50.3%
21.1%UK£15.36UK£9.00UK£5.026
Jul ’24UK£7.48
UK£10.57
+41.3%
21.1%UK£15.36UK£9.00UK£4.776
Jun ’24UK£7.41
UK£10.57
+42.6%
21.1%UK£15.36UK£9.00UK£5.226
May ’24UK£7.01
UK£10.51
+49.9%
20.0%UK£15.00UK£9.00UK£4.976
Apr ’24UK£6.14
UK£10.53
+71.5%
19.8%UK£15.00UK£9.00UK£6.186
Mar ’24UK£6.84
UK£10.53
+53.9%
19.8%UK£15.00UK£9.00UK£6.076
Feb ’24UK£6.92
UK£10.41
+50.4%
20.5%UK£15.00UK£9.00UK£5.186
Jan ’24UK£7.52
UK£10.82
+43.9%
20.2%UK£15.00UK£9.00UK£5.225
Dec ’23UK£7.88
UK£10.95
+38.9%
19.2%UK£15.00UK£9.00UK£4.915

Analyst Forecast: Target price is less than 20% higher than the current share price.


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