Green Hydrogen Systems Valuation

Is 3LUA 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 3LUA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 3LUA's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 3LUA's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3LUA?

Key metric: As 3LUA is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 3LUA. This is calculated by dividing 3LUA's market cap by their current revenue.
What is 3LUA's PS Ratio?
PS Ratio	6.7x
Sales	DKK 59.87m
Market Cap	DKK 403.63m

3LUA 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	17.2x
Enterprise Value/EBITDA	-2.8x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 3LUA's PS Ratio compare to its peers?

The above table shows the PS ratio for 3LUA 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	3.4x
H2O Enapter	3x	42.8%	€116.0m
2GB 2G Energy	1.1x	11.9%	€386.6m
EKT Energiekontor	2.4x	27.9%	€563.0m
PNE3 PNE	7x	19.5%	€841.1m
3LUA Green Hydrogen Systems	6.7x	72.1%	€403.6m

Price-To-Sales vs Peers: 3LUA is expensive based on its Price-To-Sales Ratio (6.7x) compared to the peer average (3.3x).

Price to Sales Ratio vs Industry

How does 3LUA's PS Ratio compare vs other companies in the DE Electrical Industry?

3 Companies	Price / Sales	Estimated Growth	Market Cap
VAR1 Varta	0.1x	4.3%	US$100.26m
C0M Compleo Charging Solutions	0.1x	27.6%	US$15.58m
LMIA LION E-Mobility	0.2x	29.5%	US$8.81m

No more companies available in this PS range

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 3LUA is expensive based on its Price-To-Sales Ratio (6.7x) compared to the European Electrical industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is 3LUA'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.

3LUA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	6.7x
Fair PS Ratio	0.005x

Price-To-Sales vs Fair Ratio: 3LUA is expensive based on its Price-To-Sales Ratio (6.7x) compared to the estimated Fair Price-To-Sales Ratio (0x).

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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