Flekkefjord Sparebank Valuation

Q: What is the Fair Price of I7O when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

I7O (€9.26) is trading below our estimate of [[fair value]] (€80.92)

Is I7O undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

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 I7O when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: I7O (€9.26) is trading below our estimate of fair value (€80.92)

Significantly Below Fair Value: I7O is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for I7O?

Key metric: As I7O is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for I7O. This is calculated by dividing I7O's market cap by their current earnings.
What is I7O's PE Ratio?
PE Ratio	1.4x
Earnings	NOK 118.22m
Market Cap	NOK 166.50m

I7O 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	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	0.4x

Price to Earnings Ratio vs Peers

How does I7O's PE Ratio compare to its peers?

The above table shows the PE ratio for I7O 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	11.1x
MBK Merkur PrivatBank KgaA	10.1x	8.6%	€107.3m
SNBA Slatinska Banka d.d	17.1x	n/a	€14.9m
GTPS Great American Bancorp	5x	n/a	US$17.4m
SOGN Sogn Sparebank	12x	23.7%	NOK 163.4m
I7O Flekkefjord Sparebank	1.4x	3.9%	€166.5m

Price-To-Earnings vs Peers: I7O is good value based on its Price-To-Earnings Ratio (1.4x) compared to the peer average (11.1x).

Price to Earnings Ratio vs Industry

How does I7O's PE Ratio compare vs other companies in the European Banks Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	7.2x	0.3%
I7O Flekkefjord Sparebank	1.4x	3.9%	US$15.07m

3 Companies		Estimated Growth	Market Cap
Industry Avg.	7.2x	0.3%
I7O Flekkefjord Sparebank	1.4x	3.9%	US$15.07m

No more companies

Price-To-Earnings vs Industry: I7O is good value based on its Price-To-Earnings Ratio (1.4x) compared to the European Banks industry average (7.2x).

Price to Earnings Ratio vs Fair Ratio

What is I7O'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.

I7O PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	1.4x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate I7O'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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