Cardno Valuation

Q: What is the Fair Price of DZ5 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

DZ5 (€0.13) is trading below our estimate of [[fair value]] (€4.38)

Is DZ5 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 DZ5 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DZ5 (€0.13) is trading below our estimate of fair value (€4.38)

Significantly Below Fair Value: DZ5 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DZ5?

Key metric: As DZ5 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DZ5. This is calculated by dividing DZ5's market cap by their current earnings.
What is DZ5's PE Ratio?
PE Ratio	1x
Earnings	AU$7.54m
Market Cap	AU$7.23m

DZ5 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	0.07x
Enterprise Value/EBITDA	0.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does DZ5's PE Ratio compare to its peers?

The above table shows the PE ratio for DZ5 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	75.2x
75S sdm	11.2x	n/a	€5.7m
TUR Turbon	176.5x	n/a	€9.5m
BFSA Befesa	13.4x	29.5%	€740.0m
APQ Aquamondi	99.6x	n/a	€2.5m
DZ5 Cardno	1x	n/a	€7.2m

Price-To-Earnings vs Peers: DZ5 is good value based on its Price-To-Earnings Ratio (1x) compared to the peer average (75.2x).

Price to Earnings Ratio vs Industry

How does DZ5's PE Ratio compare vs other companies in the European Commercial Services Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	14.7x	19.5%
DZ5 Cardno	1x	n/a	US$4.70m

1 Company		Estimated Growth	Market Cap
Industry Avg.	14.7x	19.5%
DZ5 Cardno	1x	n/a	US$4.70m

No more companies

Price-To-Earnings vs Industry: DZ5 is good value based on its Price-To-Earnings Ratio (1x) compared to the European Commercial Services industry average (14.7x).

Price to Earnings Ratio vs Fair Ratio

What is DZ5'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.

DZ5 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DZ5'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.