Sofia Hotel Balkan AD Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: SHB (BGN45) is trading above our estimate of fair value (BGN35.32)

Significantly Below Fair Value: SHB is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SHB. This is calculated by dividing SHB's market cap by their current earnings.
What is SHB's PE Ratio?
PE Ratio	71.4x
Earnings	лв3.32m
Market Cap	лв236.88m

SHB 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	9.7x
Enterprise Value/EBITDA	30.6x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SHB 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	26.5x
ALB Albena AD	25.9x	n/a	лв107.8m
TIB Telematic Interactive Bulgaria EAD	14.8x	n/a	лв269.4m
LRH Liburnia Riviera Hoteli d.d	28.5x	n/a	€102.9m
HOTEL * Grupo Hotelero Santa Fe. de	36.7x	35.6%	Mex$2.8b
SHB Sofia Hotel Balkan AD	71.4x	n/a	лв236.9m

Price-To-Earnings vs Peers: SHB is expensive based on its Price-To-Earnings Ratio (71.4x) compared to the peer average (5.4x).

Price to Earnings Ratio vs Industry

How does SHB's PE Ratio compare vs other companies in the European Hospitality Industry?

11 Companies	Price / Earnings	Estimated Growth	Market Cap

11 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: SHB is expensive based on its Price-To-Earnings Ratio (71.4x) compared to the European Hospitality industry average (18.2x).

Price to Earnings Ratio vs Fair Ratio

What is SHB'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.

SHB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	71.4x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SHB's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.