Lentex Valuation

Q: What is the Fair Price of 0KM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

0KM (€1.59) is trading below our estimate of [[fair value]] (€2.2)

Is 0KM 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 0KM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0KM (€1.59) is trading below our estimate of fair value (€2.2)

Significantly Below Fair Value: 0KM is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0KM?

Key metric: As 0KM is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0KM. This is calculated by dividing 0KM's market cap by their current earnings.
What is 0KM's PE Ratio?
PE Ratio	14.3x
Earnings	zł17.41m
Market Cap	zł249.80m

0KM 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	1.2x
Enterprise Value/EBITDA	7.9x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 0KM's PE Ratio compare to its peers?

The above table shows the PE ratio for 0KM 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	61.6x
SUR Surteco Group	36.1x	22.8%	€316.3m
LEI Leifheit	21x	15.4%	€155.4m
DIE Dierig Holding	13.1x	n/a	€38.0m
ZPF Zapf Creation	176.5x	n/a	€199.4m
0KM Lentex	14.3x	n/a	€249.8m

Price-To-Earnings vs Peers: 0KM is good value based on its Price-To-Earnings Ratio (14.3x) compared to the peer average (61.6x).

Price to Earnings Ratio vs Industry

How does 0KM's PE Ratio compare vs other companies in the European Consumer Durables Industry?

6 Companies	Price / Earnings	Estimated Growth	Market Cap

6 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 0KM is expensive based on its Price-To-Earnings Ratio (14.3x) compared to the European Consumer Durables industry average (13x).

Price to Earnings Ratio vs Fair Ratio

What is 0KM'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.

0KM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	14.3x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 0KM'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.