How does 8R9's PE Ratio compare to its peers?

8R9 is expensive based on its Price-To-Earnings Ratio (15x) compared to the peer average (14.6x).

How does 8R9's PE Ratio compare vs other companies in the European Consumer Retailing Industry?

8R9 is expensive based on its Price-To-Earnings Ratio (15x) compared to the European Consumer Retailing industry average (14.7x).

What is 8R9'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.

Insufficient data to calculate 8R9's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of 8R9 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

8R9 (€3.82) is trading below our estimate of [[fair value]] (€9.82)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Kitwave Group (DB:8R9) - Stock Price, News & Analysis

8R9 Stock Overview

Engages in the wholesale business in the United Kingdom. More details

8R9 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	4/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 61.1% below our estimate of its fair value

Earnings are forecast to grow 18.32% per year

Earnings grew by 8.7% over the past year

Analysts in good agreement that stock price will rise by 43.2%

Risk Analysis

Shareholders have been diluted in the past year

Has a high level of debt

Unstable dividend track record

Kitwave Group plc Competitors

Hawesko Holding

XTRA:HAW

€212.0m

WASGAU Produktions & Handels

DB:MSH

€59.4m

FKS Multi Agro

IDX:FISH

Rp5.3t

Hyundai Green Food

KOSE:A453340

₩442.4b

Price History & Performance

Summary of all time highs, changes and price drops for Kitwave Group
Historical stock prices
Current Share Price	UK£3.82
52 Week High	UK£4.64
52 Week Low	UK£2.76
Beta	0.82
11 Month Change	-3.05%
3 Month Change	5.52%
1 Year Change	38.41%
33 Year Change	128.74%
5 Year Change	n/a
Change since IPO	112.46%

Recent updates

Shareholder Returns

	8R9	DE Consumer Retailing	DE Market
7D	-5.0%	-6.6%	-1.5%
1Y	38.4%	-15.8%	7.9%

Return vs Industry: 8R9 exceeded the German Consumer Retailing industry which returned -14.3% over the past year.

Return vs Market: 8R9 exceeded the German Market which returned 8.3% over the past year.

Price Volatility

Is 8R9's price volatile compared to industry and market?
8R9 volatility
8R9 Average Weekly Movement	6.3%
Consumer Retailing Industry Average Movement	6.5%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.0%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 8R9 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 8R9's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1987	600	Ben Maxted	www.kitwave.co.uk

Kitwave Group plc engages in the wholesale business in the United Kingdom. It operates in three divisions: Ambient, Frozen & Chilled, and Foodservice. The Ambient division supplies confectionery, soft drinks, crisps and snacks, and tobacco.

Kitwave Group plc Fundamentals Summary

How do Kitwave Group's earnings and revenue compare to its market cap?
8R9 fundamental statistics
Market cap	€316.91m
Earnings (TTM)	€21.17m
Revenue (TTM)	€747.52m

15.0x

P/E Ratio

0.4x

P/S Ratio

Is 8R9 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8R9 income statement (TTM)
Revenue	UK£624.23m
Cost of Revenue	UK£487.70m
Gross Profit	UK£136.53m
Other Expenses	UK£118.85m
Earnings	UK£17.68m

Last Reported Earnings

Apr 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.22
Gross Margin	21.87%
Net Profit Margin	2.83%
Debt/Equity Ratio	62.5%

How did 8R9 perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

45%

Payout Ratio

8R9 Stock Overview

Rewards

Risk Analysis

Kitwave Group plc Competitors

XTRA:HAW

€212.0m

DB:MSH

€59.4m

IDX:FISH

Rp5.3t

KOSE:A453340

₩442.4b

Price History & Performance

Recent News & Updates

New minor risk - Shareholder dilution

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 15%

First half 2024 earnings released: EPS: UK£0.073 (vs UK£0.091 in 1H 2023)

First half dividend of UK£0.038 announced

Kitwave Group plc to Report First Half, 2024 Results on Jul 02, 2024

Recent updates

New minor risk - Shareholder dilution

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 15%

First half 2024 earnings released: EPS: UK£0.073 (vs UK£0.091 in 1H 2023)

First half dividend of UK£0.038 announced

Kitwave Group plc to Report First Half, 2024 Results on Jul 02, 2024

Insider recently sold €743k worth of stock

Kitwave Group plc (AIM:KITW) acquired Total Foodservice Solutions Limited for £21 million.

Kitwave Group plc (AIM:KITW) acquired Total Foodservice Solutions Limited for £21 million.

Upcoming dividend of UK£0.074 per share

Final dividend of UK£0.074 announced

Kitwave Group plc Recommends Final Dividend for the Year 2023

Kitwave Group plc, Annual General Meeting, Mar 22, 2024

Full year 2023 earnings released: EPS: UK£0.27 (vs UK£0.20 in FY 2022)

Kitwave Group plc, Annual General Meeting, Mar 22, 2024

Kitwave Group plc to Report Fiscal Year 2023 Results on Feb 27, 2024

New minor risk - Financial data availability

Kitwave Group plc (AIM:KITW) acquired Wlg (holdings) Limited.

Kitwave Group plc Announces Management Changes

CFO & Director recently sold €1.9m worth of stock

Kitwave Group plc Declares Interim Dividend for the Six Months to 30 April 2023, Payable on 4 August 2023

New minor risk - Financial position

First half 2023 earnings released: EPS: UK£0.091 (vs UK£0.063 in 1H 2022)

Kitwave Group plc to Report First Half, 2023 Results on Jul 04, 2023

Investor sentiment improves as stock rises 16%

Upcoming dividend of UK£0.068 per share at 3.4% yield

Investor sentiment improves as stock rises 17%

Insider recently sold €849k worth of stock

Full year 2022 earnings released: EPS: UK£0.20 (vs UK£0.024 in FY 2021)

Kitwave Group plc to Report Fiscal Year 2022 Results on Feb 28, 2023

Investor sentiment improves as stock rises 19%

Kitwave Group plc Appoints Maria Teresa Octavio Ariznabarreta to the Board as Non-Executive Director, Effective February 1, 2023

Kitwave Group plc (AIM:KITW) acquired Westcountry Food Holdings Ltd for £29 million.

Less than half of directors are independent

First half 2022 earnings released

Kitwave Group plc Declares an Interim Dividend for the Financial Year to 31 October 2022, Payable on 5 August 2022

Kitwave Group plc to Report First Half, 2022 Results on Jul 05, 2022

Less than half of directors are independent

Independent Non-Executive Director recently bought €51k worth of stock

Upcoming dividend of UK£0.045 per share

Kitwave Group plc, Annual General Meeting, Mar 25, 2022

Full year 2021 earnings: Revenues in line with analyst expectations

Kitwave Group plc Recommends Final Dividend for 2021

Kitwave Group plc (AIM:KITW) acquired M.J. Baker Foodservice Ltd for £24.5 million.

Kitwave Group plc to Report Fiscal Year 2021 Results on Feb 28, 2022

Shareholder Returns

Price Volatility

About the Company

Kitwave Group plc Fundamentals Summary

15.0x

0.4x

Earnings & Revenue

Dividends

3.4%

45%