Fundamenta Real Estate Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: FREN (CHF15.4) is trading above our estimate of fair value (CHF6.88)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for FREN. This is calculated by dividing FREN's market cap by their current earnings.
What is FREN's PE Ratio?
PE Ratio	29.9x
Earnings	CHF 15.49m
Market Cap	CHF 465.97m

FREN 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	28x
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for FREN 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	53.8x
WARN Warteck Invest	40.4x	15.3%	CHF 544.5m
NREN Novavest Real Estate	135x	n/a	CHF 351.9m
EPIC EPIC Suisse	26x	n/a	CHF 762.4m
ISN Intershop Holding	13.8x	n/a	CHF 1.1b
FREN Fundamenta Real Estate	29.9x	n/a	CHF 466.0m

Price-To-Earnings vs Peers: FREN is good value based on its Price-To-Earnings Ratio (29.9x) compared to the peer average (53.8x).

Price to Earnings Ratio vs Industry

How does FREN's PE Ratio compare vs other companies in the European Real Estate Industry?

23 Companies	Price / Earnings	Estimated Growth	Market Cap

23 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: FREN is expensive based on its Price-To-Earnings Ratio (29.9x) compared to the European Real Estate industry average (17.8x).

Price to Earnings Ratio vs Fair Ratio

What is FREN'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.

FREN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	29.9x
Fair PE Ratio	n/a

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