Nordisk Bergteknik AB (publ)

DB:9LY Stock Report

Market Cap: €61.4m

Nordisk Bergteknik Valuation

Is 9LY 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-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 9LY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 9LY (€1.04) is trading below our estimate of fair value (€1.08)

Significantly Below Fair Value: 9LY is trading below fair value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9LY?

Key metric: As 9LY is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 9LY. This is calculated by dividing 9LY's market cap by their current earnings.
What is 9LY's PE Ratio?
PE Ratio38.9x
EarningsSEK 18.20m
Market CapSEK 707.46m

Price to Earnings Ratio vs Peers

How does 9LY's PE Ratio compare to its peers?

The above table shows the PE ratio for 9LY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average72.2x
B5A0 BAUER
32.3x38.2%€175.6m
3SQ1 AHT Syngas Technology
30.4xn/a€29.5m
NCH2 thyssenkrupp nucera KGaA
200.6x54.7%€1.1b
KGR LEWAG Holding
25.6xn/a€54.6m
9LY Nordisk Bergteknik
38.9x78.6%€707.5m

Price-To-Earnings vs Peers: 9LY is good value based on its Price-To-Earnings Ratio (38.9x) compared to the peer average (72.2x).


Price to Earnings Ratio vs Industry

How does 9LY's PE Ratio compare vs other companies in the European Construction Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
9LY 38.9xIndustry Avg. 13.4xNo. of Companies20PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 9LY is expensive based on its Price-To-Earnings Ratio (38.9x) compared to the European Construction industry average (13.4x).


Price to Earnings Ratio vs Fair Ratio

What is 9LY'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.

9LY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio38.9x
Fair PE Ratio41.6x

Price-To-Earnings vs Fair Ratio: 9LY is good value based on its Price-To-Earnings Ratio (38.9x) compared to the estimated Fair Price-To-Earnings Ratio (41.6x).


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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