Guzman y Gomez Valuation

Is W92 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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 W92 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: W92 (€26) is trading above our estimate of fair value (€5.97)

Significantly Below Fair Value: W92 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for W92?

Key metric: As W92 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for W92. This is calculated by dividing W92's market cap by their current revenue.
What is W92's PS Ratio?
PS Ratio	11.7x
Sales	AU$364.99m
Market Cap	AU$4.27b

W92 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	11.6x
Enterprise Value/EBITDA	350.3x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does W92's PS Ratio compare to its peers?

The above table shows the PS ratio for W92 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	1.9x
DHER Delivery Hero	1x	11.1%	€10.9b
TUI1 TUI	0.2x	3.8%	€3.8b
TIMA ZEAL Network	6.3x	14.3%	€955.1m
MS1 Marley Spoon Group	0.09x	10.0%	€16.4m
W92 Guzman y Gomez	11.7x	18.0%	€4.3b

Price-To-Sales vs Peers: W92 is expensive based on its Price-To-Sales Ratio (11.7x) compared to the peer average (1.9x).

Price to Sales Ratio vs Industry

How does W92's PS Ratio compare vs other companies in the DE Hospitality Industry?

2 Companies	Price / Sales	Estimated Growth	Market Cap
MS1 Marley Spoon Group	0.09x	10.0%	US$17.35m
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: W92 is expensive based on its Price-To-Sales Ratio (11.7x) compared to the European Hospitality industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is W92'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.

W92 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	11.7x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate W92'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?

The above table shows the analyst W92 forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	€26.00	€22.86 -12.1%	25.9%	€31.46	€9.25	n/a	8
Nov ’25	€21.80	€22.66 +3.9%	27.8%	€31.44	€9.25	n/a	7
Oct ’25	€25.20	€22.60 -10.3%	29.7%	€31.67	€9.31	n/a	6
Sep ’25	€21.60	€20.47 -5.2%	26.4%	€25.09	€9.15	n/a	6
Aug ’25	€17.84	€17.18 -3.7%	26.6%	€20.47	€9.31	n/a	4

Analyst Forecast: Target price is lower than the current share price.