Graham Holdings Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: WPOB (€875) is trading below our estimate of fair value (€1203.33)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for WPOB. This is calculated by dividing WPOB's market cap by their current earnings.
What is WPOB's PE Ratio?
PE Ratio	17.6x
Earnings	US$227.53m
Market Cap	US$4.01b

WPOB 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	1x
Enterprise Value/EBITDA	9.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for WPOB 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	16.3x
TUI1 TUI	7x	17.3%	€3.8b
TIMA ZEAL Network	19.9x	-5.0%	€935.6m
LRN Stride	18.5x	14.6%	US$4.5b
ATGE Adtalem Global Education	19.6x	20.4%	US$3.4b
WPOB Graham Holdings	17.6x	n/a	€4.0b

Price-To-Earnings vs Peers: WPOB is expensive based on its Price-To-Earnings Ratio (17.6x) compared to the peer average (16.3x).

Price to Earnings Ratio vs Industry

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

2 Companies	Price / Earnings	Estimated Growth	Market Cap

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: WPOB is expensive based on its Price-To-Earnings Ratio (17.6x) compared to the Global Consumer Services industry average (17.5x).

Price to Earnings Ratio vs Fair Ratio

What is WPOB'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.

WPOB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	17.6x
Fair PE Ratio	n/a

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