Sinch Valuation

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

SINCH (SEK31.93) is trading below our estimate of [[fair value]] (SEK64.04)

Is SINCH 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 SINCH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SINCH (SEK31.93) is trading below our estimate of fair value (SEK64.04)

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

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for SINCH. This is calculated by dividing SINCH's market cap by their current preferred multiple.
What is SINCH's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	SEK 26.95b

SINCH key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.2x
Enterprise Value/EBITDA	13.8x
PEG Ratio	2.8x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SINCH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	58.4x
VIT B Vitec Software Group	53x	16.7%	SEK 19.6b
FNOX Fortnox	58.5x	22.2%	SEK 38.0b
TRUE B Truecaller	27.9x	21.6%	SEK 13.3b
BFG Byggfakta Group Nordic HoldCo	94.2x	52.1%	SEK 11.2b
SINCH Sinch	137.5x	48.9%	SEK 27.0b

Price-To-Earnings vs Peers: SINCH is expensive based on its Price-To-Earnings Ratio (137.5x) compared to the peer average (58.4x).

Price to Earnings Ratio vs Industry

How does SINCH's PE Ratio compare vs other companies in the SE Software Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	34.1%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	34.1%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: SINCH is expensive based on its Price-To-Earnings Ratio (137.5x) compared to the European Software industry average (30.3x).

Price to Earnings Ratio vs Fair Ratio

What is SINCH'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.

SINCH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	137.5x
Fair PE Ratio	55.4x

Price-To-Earnings vs Fair Ratio: SINCH is expensive based on its Price-To-Earnings Ratio (137.5x) compared to the estimated Fair Price-To-Earnings Ratio (55.4x).

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 SINCH forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	SEK 31.93	SEK 36.72 +15.0%	32.8%	SEK 55.00	SEK 23.00	n/a	9
Sep ’25	SEK 29.74	SEK 37.39 +25.7%	34.3%	SEK 55.00	SEK 23.00	n/a	9
Aug ’25	SEK 27.49	SEK 37.39 +36.0%	34.3%	SEK 55.00	SEK 23.00	n/a	9
Jul ’25	SEK 26.64	SEK 41.44 +55.5%	33.3%	SEK 62.00	SEK 23.50	n/a	8
Jun ’25	SEK 23.06	SEK 42.06 +82.4%	34.5%	SEK 62.00	SEK 23.50	n/a	8
May ’25	SEK 25.52	SEK 43.25 +69.5%	33.5%	SEK 62.00	SEK 26.00	n/a	8
Apr ’25	SEK 26.86	SEK 43.25 +61.1%	33.5%	SEK 62.00	SEK 26.00	n/a	8
Mar ’25	SEK 26.64	SEK 44.71 +67.8%	32.1%	SEK 60.00	SEK 26.00	n/a	7
Feb ’25	SEK 28.39	SEK 45.86 +61.5%	32.0%	SEK 60.00	SEK 26.00	n/a	7
Jan ’25	SEK 37.51	SEK 46.00 +22.6%	31.5%	SEK 60.00	SEK 26.00	n/a	7
Dec ’24	SEK 30.09	SEK 46.00 +52.9%	31.5%	SEK 60.00	SEK 26.00	n/a	7
Nov ’24	SEK 17.40	SEK 46.00 +164.4%	31.5%	SEK 63.00	SEK 26.00	n/a	7
Oct ’24	SEK 19.21	SEK 48.14 +150.6%	31.3%	SEK 65.00	SEK 27.00	n/a	7
Sep ’24	SEK 23.10	SEK 48.14 +108.4%	31.3%	SEK 65.00	SEK 27.00	SEK 29.74	7
Aug ’24	SEK 27.20	SEK 48.14 +77.0%	31.3%	SEK 65.00	SEK 27.00	SEK 27.49	7
Jul ’24	SEK 24.35	SEK 48.71 +100.1%	33.0%	SEK 70.00	SEK 27.00	SEK 26.64	7
Jun ’24	SEK 22.68	SEK 48.71 +114.8%	33.0%	SEK 70.00	SEK 27.00	SEK 23.06	7
May ’24	SEK 27.05	SEK 51.00 +88.5%	32.0%	SEK 70.00	SEK 31.00	SEK 25.52	7
Apr ’24	SEK 27.88	SEK 54.71 +96.2%	27.5%	SEK 70.00	SEK 32.00	SEK 26.86	7
Mar ’24	SEK 35.73	SEK 55.57 +55.5%	25.4%	SEK 70.00	SEK 32.00	SEK 26.64	7
Feb ’24	SEK 43.53	SEK 56.86 +30.6%	29.3%	SEK 80.00	SEK 32.00	SEK 28.39	7
Jan ’24	SEK 38.23	SEK 55.43 +45.0%	29.4%	SEK 80.00	SEK 32.00	SEK 37.51	7
Dec ’23	SEK 34.35	SEK 55.50 +61.6%	31.8%	SEK 80.00	SEK 32.00	SEK 30.09	6
Nov ’23	SEK 25.80	SEK 46.67 +80.9%	49.3%	SEK 80.00	SEK 16.00	SEK 17.40	6
Oct ’23	SEK 15.06	SEK 54.20 +260.0%	51.4%	SEK 80.00	SEK 17.00	SEK 19.21	5
Sep ’23	SEK 19.24	SEK 56.80 +195.3%	43.4%	SEK 80.00	SEK 24.00	SEK 23.10	5

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