BQE Water Valuation

Is UL5A 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 UL5A when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: UL5A (€33.4) is trading below our estimate of fair value (€391.85)

Significantly Below Fair Value: UL5A is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for UL5A?

Key metric: As UL5A is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for UL5A. This is calculated by dividing UL5A's market cap by their current earnings.
What is UL5A's PE Ratio?
PE Ratio	26.6x
Earnings	CA$2.45m
Market Cap	CA$67.89m

UL5A 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	3.6x
Enterprise Value/EBITDA	61.9x
PEG Ratio	0.4x

Price to Earnings Ratio vs Peers

How does UL5A's PE Ratio compare to its peers?

The above table shows the PE ratio for UL5A 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	50.8x
BFSA Befesa	13.4x	30.2%	€739.6m
EDD3 edding	16.7x	n/a	€39.3m
FPH Francotyp-Postalia Holding	2.8x	-40.7%	€34.4m
TUR Turbon	170.4x	n/a	€9.2m
UL5A BQE Water	26.6x	61.5%	€67.9m

Price-To-Earnings vs Peers: UL5A is good value based on its Price-To-Earnings Ratio (26.6x) compared to the peer average (50.8x).

Price to Earnings Ratio vs Industry

How does UL5A's PE Ratio compare vs other companies in the European Commercial Services Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: UL5A is expensive based on its Price-To-Earnings Ratio (26.6x) compared to the European Commercial Services industry average (14.7x).

Price to Earnings Ratio vs Fair Ratio

What is UL5A'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.

UL5A PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	26.6x
Fair PE Ratio	18x

Price-To-Earnings vs Fair Ratio: UL5A is expensive based on its Price-To-Earnings Ratio (26.6x) compared to the estimated Fair Price-To-Earnings Ratio (18x).

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.