SkiStar Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: 3AJ (€14.57) is trading below our estimate of fair value (€15.15)

Significantly Below Fair Value: 3AJ is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for 3AJ. This is calculated by dividing 3AJ's market cap by their current earnings.
What is 3AJ's PE Ratio?
PE Ratio	28.1x
Earnings	SEK 473.25m
Market Cap	SEK 13.28b

3AJ 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	3.7x
Enterprise Value/EBITDA	13.4x
PEG Ratio	2x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 3AJ 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	15.5x
TIMA ZEAL Network	20.3x	-4.5%	€955.1m
NHB0 Nebelhornbahn-Aktiengesellschaft	27.7x	n/a	€22.2m
RGB Regenbogen	7x	n/a	€11.6m
TUI1 TUI	7.1x	17.3%	€3.8b
3AJ SkiStar	28.1x	14.2%	€13.3b

Price-To-Earnings vs Peers: 3AJ is expensive based on its Price-To-Earnings Ratio (28.1x) compared to the peer average (15.5x).

Price to Earnings Ratio vs Industry

How does 3AJ'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: 3AJ is expensive based on its Price-To-Earnings Ratio (28.1x) compared to the European Hospitality industry average (17.3x).

Price to Earnings Ratio vs Fair Ratio

What is 3AJ'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.

3AJ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	28.1x
Fair PE Ratio	23.7x

Price-To-Earnings vs Fair Ratio: 3AJ is expensive based on its Price-To-Earnings Ratio (28.1x) compared to the estimated Fair Price-To-Earnings Ratio (23.7x).

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.