Aeffe Valuation

Is 3A1 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

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 3A1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 3A1's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 3A1's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3A1?

Key metric: As 3A1 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3A1. This is calculated by dividing 3A1's market cap by their current earnings.
What is 3A1's PE Ratio?
PE Ratio	3.8x
Earnings	€20.75m
Market Cap	€78.74m

3A1 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	0.8x
Enterprise Value/EBITDA	4.3x
PEG Ratio	-0.08x

Price to Earnings Ratio vs Peers

How does 3A1's PE Ratio compare to its peers?

The above table shows the PE ratio for 3A1 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	20.9x
BIJ Bijou Brigitte modische Accessoires	11.2x	n/a	€269.5m
ML2 Ming Le Sports	46.6x	n/a	€4.5m
BOSS Hugo Boss	12.6x	13.1%	€2.7b
DIE Dierig Holding	13x	n/a	€37.7m
3A1 Aeffe	3.8x	-45.8%	€78.7m

Price-To-Earnings vs Peers: 3A1 is good value based on its Price-To-Earnings Ratio (3.8x) compared to the peer average (21.4x).

Price to Earnings Ratio vs Industry

How does 3A1's PE Ratio compare vs other companies in the European Luxury Industry?

4 Companies	Price / Earnings	Estimated Growth	Market Cap

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 3A1 is good value based on its Price-To-Earnings Ratio (3.8x) compared to the European Luxury industry average (14.1x).

Price to Earnings Ratio vs Fair Ratio

What is 3A1'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.

3A1 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	3.8x
Fair PE Ratio	2.8x

Price-To-Earnings vs Fair Ratio: 3A1 is expensive based on its Price-To-Earnings Ratio (3.8x) compared to the estimated Fair Price-To-Earnings Ratio (2.8x).

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.