Soho House & Co Valuation

Q: What is the Fair Price of 75Z when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

75Z (€5.8) is trading below our estimate of [[fair value]] (€8.16)

Is 75Z 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-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 75Z when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 75Z (€5.8) is trading below our estimate of fair value (€8.16)

Significantly Below Fair Value: 75Z is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 75Z?

Key metric: As 75Z is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 75Z. This is calculated by dividing 75Z's market cap by their current revenue.
What is 75Z's PS Ratio?
PS Ratio	1x
Sales	US$1.14b
Market Cap	US$1.11b

75Z 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	2.9x
Enterprise Value/EBITDA	34.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 75Z's PS Ratio compare to its peers?

The above table shows the PS ratio for 75Z vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	1x
TUI1 TUI	0.2x	3.8%	€3.8b
IFA LS Invest	2.3x	n/a	€293.6m
HTG HomeToGo	1.2x	13.6%	€248.8m
CDZ0 MHP Hotel	0.3x	11.8%	€47.1m
75Z Soho House & Co	1x	8.9%	€1.1b

Price-To-Sales vs Peers: 75Z is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (2.5x).

Price to Sales Ratio vs Industry

How does 75Z's PS Ratio compare vs other companies in the DE Hospitality Industry?

2 Companies	Price / Sales	Estimated Growth	Market Cap
MS1 Marley Spoon Group	0.08x	10.0%	US$15.30m
9UX Hostmore	0.0006x	n/a	US$138.43k

No more companies available in this PS range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 75Z is good value based on its Price-To-Sales Ratio (1x) compared to the European Hospitality industry average (1.1x).

Price to Sales Ratio vs Fair Ratio

What is 75Z's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

75Z PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 75Z's Price-To-Sales 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.