lastminute.com Valuation

Is 09B undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

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 09B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 09B (€17.6) is trading below our estimate of fair value (€61.72)

Significantly Below Fair Value: 09B is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 09B?

Key metric: As 09B is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 09B. This is calculated by dividing 09B's market cap by their current earnings.
What is 09B's PE Ratio?
PE Ratio	15.3x
Earnings	€12.56m
Market Cap	€191.76m

09B 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	0.4x
Enterprise Value/EBITDA	10.4x
PEG Ratio	0.9x

Price to Earnings Ratio vs Peers

How does 09B's PE Ratio compare to its peers?

The above table shows the PE ratio for 09B 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	20.8x
IFA LS Invest	6.5x	n/a	€293.6m
TUI1 TUI	7x	17.3%	€3.8b
TIMA ZEAL Network	20.3x	-4.5%	€952.9m
JIHD Jakarta International Hotels & Development	49.3x	n/a	Rp4.4t
09B lastminute.com	15.3x	16.5%	€178.4m

Price-To-Earnings vs Peers: 09B is good value based on its Price-To-Earnings Ratio (15.3x) compared to the peer average (20.8x).

Price to Earnings Ratio vs Industry

How does 09B's PE Ratio compare vs other companies in the European Hospitality Industry?

11 Companies	Price / Earnings	Estimated Growth	Market Cap

11 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 09B is good value based on its Price-To-Earnings Ratio (15.3x) compared to the European Hospitality industry average (17.5x).

Price to Earnings Ratio vs Fair Ratio

What is 09B'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.

09B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	15.3x
Fair PE Ratio	18.7x

Price-To-Earnings vs Fair Ratio: 09B is good value based on its Price-To-Earnings Ratio (15.3x) compared to the estimated Fair Price-To-Earnings Ratio (18.7x).

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.