Immovable Properties Sofia REIT Sofia Valuation

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

NIS (BGN8.3) is trading above our estimate of [[fair value]] (BGN7.31)

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

Below Fair Value: NIS (BGN8.3) is trading above our estimate of fair value (BGN7.31)

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

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for NIS. This is calculated by dividing NIS's market cap by their current preferred multiple.
What is NIS's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	лв5.40m

NIS 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	52.5x
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for NIS 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	13.5x
RBL Real Bulland AD	12.5x	n/a	лв10.5m
IMP ImPulse I AD	4.6x	n/a	лв9.5m
11C Eleven Capital AD	11.9x	n/a	лв39.8m
CHL Chernomorski Holding AD	25x	n/a	лв46.7m
NIS Immovable Properties Sofia REIT Sofia	4.8x	n/a	лв5.4m

Price-To-Earnings vs Peers: NIS is good value based on its Price-To-Earnings Ratio (4.8x) compared to the peer average (13.5x).

Price to Earnings Ratio vs Industry

How does NIS's PE Ratio compare vs other companies in the European Capital Markets Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	19.7%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	19.7%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: NIS is good value based on its Price-To-Earnings Ratio (4.8x) compared to the European Capital Markets industry average (14.2x).

Price to Earnings Ratio vs Fair Ratio

What is NIS'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.

NIS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	4.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NIS'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.