Ceres Global Ag Valuation

Is T76 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 T76 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: T76 (€2.04) is trading below our estimate of fair value (€54.2)

Significantly Below Fair Value: T76 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for T76?

Key metric: As T76 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for T76. This is calculated by dividing T76's market cap by their current earnings.
What is T76's PE Ratio?
PE Ratio	13.8x
Earnings	US$4.99m
Market Cap	US$68.99m

T76 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	0.1x
Enterprise Value/EBITDA	7.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does T76's PE Ratio compare to its peers?

The above table shows the PE ratio for T76 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	31x
MSH WASGAU Produktions & Handels	14.3x	n/a	€59.4m
HAW Hawesko Holding	19.8x	19.4%	€205.7m
SAKUMA Sakuma Exports	15.7x	n/a	₹6.2b
CATTL Livestock Transport and Trading Company K.P.S.C	74.3x	n/a	د.ك23.4m
T76 Ceres Global Ag	13.8x	n/a	€96.4m

Price-To-Earnings vs Peers: T76 is good value based on its Price-To-Earnings Ratio (13.8x) compared to the peer average (31x).

Price to Earnings Ratio vs Industry

How does T76's PE Ratio compare vs other companies in the European Consumer Retailing Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: T76 is good value based on its Price-To-Earnings Ratio (13.8x) compared to the European Consumer Retailing industry average (14.8x).

Price to Earnings Ratio vs Fair Ratio

What is T76'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.

T76 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	13.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate T76'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.