Matador Partners Group Valuation

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

Below Fair Value: SQL (CHF4.05) is trading below our estimate of fair value (CHF6.44)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SQL. This is calculated by dividing SQL's market cap by their current earnings.
What is SQL's PE Ratio?
PE Ratio	19.8x
Earnings	CHF 3.04m
Market Cap	CHF 60.24m

SQL 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	14.2x
Enterprise Value/EBITDA	18.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SQL 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	14x
ALPN Alpine Select	22x	n/a	CHF 64.5m
BBN Bellevue Group	11.8x	n/a	CHF 172.3m
ONE One Swiss Bank	7.3x	n/a	CHF 53.3m
VPBN VP Bank	15.1x	20.2%	CHF 457.6m
SQL Matador Partners Group	19.8x	n/a	CHF 60.2m

Price-To-Earnings vs Peers: SQL is expensive based on its Price-To-Earnings Ratio (19.8x) compared to the peer average (14x).

Price to Earnings Ratio vs Industry

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

17 Companies	Price / Earnings	Estimated Growth	Market Cap

17 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: SQL is expensive based on its Price-To-Earnings Ratio (19.8x) compared to the European Capital Markets industry average (13.1x).

Price to Earnings Ratio vs Fair Ratio

What is SQL'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.

SQL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	19.8x
Fair PE Ratio	n/a

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

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