Salzgitter Valuation

Q: What is the Fair Price of 000348595 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

000348595 (CHF28.5) is trading above our estimate of [[fair value]] (CHF16.35)

Is 000348595 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 000348595 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 000348595 (CHF28.5) is trading above our estimate of fair value (CHF16.35)

Significantly Below Fair Value: 000348595 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 000348595?

Key metric: As 000348595 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 000348595. This is calculated by dividing 000348595's market cap by their current revenue.
What is 000348595's PS Ratio?
PS Ratio	0.1x
Sales	€10.11b
Market Cap	€978.44m

000348595 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	0.2x
Enterprise Value/EBITDA	13.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 000348595's PS Ratio compare to its peers?

The above table shows the PS ratio for 000348595 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.6x
STLN Swiss Steel Holding	0.03x	n/a	CHF 68.2m
VETN Vetropack Holding	0.6x	3.1%	CHF 556.1m
CPHN CPH Group	0.7x	-5.9%	CHF 401.7m
CLN Clariant	0.9x	4.3%	CHF 3.6b
000348595 Salzgitter	0.1x	2.1%	CHF 978.4m

Price-To-Sales vs Peers: 000348595 is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.6x).

Price to Sales Ratio vs Industry

How does 000348595's PS Ratio compare vs other companies in the European Metals and Mining Industry?

36 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	0.7x	2.0%
000348595 Salzgitter	0.1x	2.1%	US$1.04b

36 Companies		Estimated Growth	Market Cap
Industry Avg.	0.7x	28.3%
000348595 Salzgitter	0.1x	93.9%	US$1.04b

No more companies

Price-To-Sales vs Industry: 000348595 is good value based on its Price-To-Sales Ratio (0.1x) compared to the European Metals and Mining industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is 000348595's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

000348595 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.1x
Fair PS Ratio	0.7x

Price-To-Sales vs Fair Ratio: 000348595 is good value based on its Price-To-Sales Ratio (0.1x) compared to the estimated Fair Price-To-Sales Ratio (0.7x).

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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