Ultima Capital SA

BRSE:ULTIMA Stock Report

Market Cap: CHF 413.7m

Ultima Capital Valuation

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

Below Fair Value: Insufficient data to calculate ULTIMA's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ULTIMA's fair value for valuation analysis.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for ULTIMA. This is calculated by dividing ULTIMA's market cap by their current revenue.
What is ULTIMA's PS Ratio?
PS Ratio26.2x
SalesCHF 15.80m
Market CapCHF 413.69m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for ULTIMA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average9.6x
FREN Fundamenta Real Estate
11.6x4.5%CHF 478.0m
NREN Novavest Real Estate
11.9xn/aCHF 351.9m
WARN Warteck Invest
12.7x5.7%CHF 546.0m
VARN Varia US Properties
2.4x29.2%CHF 273.4m
ULTIMA Ultima Capital
26.2xn/aCHF 413.7m

Price-To-Sales vs Peers: ULTIMA is expensive based on its Price-To-Sales Ratio (26.2x) compared to the peer average (9.5x).

Price to Sales Ratio vs Industry

How does ULTIMA's PS Ratio compare vs other companies in the CH Real Estate Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
ADMI Admicasa Holding
0.9xn/aUS$15.04m
ARON Arundel
0.2xn/aUS$1.61m
AHAN ACRON HELVETIA I Immobilien
0.4xn/aUS$381.73k
No more companies available in this PS range
ULTIMA 26.2xIndustry Avg. 9.6xNo. of Companies5PS048121620+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: ULTIMA is expensive based on its Price-To-Sales Ratio (26.2x) compared to the Swiss Real Estate industry average (9.4x).

Price to Sales Ratio vs Fair Ratio

What is ULTIMA'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.

ULTIMA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio26.2x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate ULTIMA's Price-To-Sales 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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