IDI

DB:8KC Stock Report

Market Cap: €486.4m

IDI Valuation

Is 8KC 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-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 8KC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8KC (€67) is trading below our estimate of fair value (€204.89)

Significantly Below Fair Value: 8KC is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8KC?

Key metric: As 8KC is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 8KC. This is calculated by dividing 8KC's market cap by their current revenue.
What is 8KC's PS Ratio?
PS Ratio5.4x
Sales€89.49m
Market Cap€486.38m

Price to Sales Ratio vs Peers

How does 8KC's PS Ratio compare to its peers?

The above table shows the PS ratio for 8KC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.6x
DBAN Deutsche Beteiligungs
5.8x41.7%€426.4m
AR4 AURELIUS Equity Opportunities SE KGaA
0.1xn/a€390.6m
MLP MLP
0.6x2.3%€640.5m
MUX Mutares SE KGaA
0.09x10.5%€484.6m
8KC IDI
5.4x-18.4%€486.4m

Price-To-Sales vs Peers: 8KC is expensive based on its Price-To-Sales Ratio (5.4x) compared to the peer average (1.6x).

Price to Sales Ratio vs Industry

How does 8KC's PS Ratio compare vs other companies in the DE Capital Markets Industry?

22 CompaniesPrice / SalesEstimated GrowthMarket Cap
MLP MLP
0.6x2.3%US$671.02m
MUX Mutares SE KGaA
0.09x10.5%US$507.75m
AR4 AURELIUS Equity Opportunities SE KGaA
0.2x0.01%US$500.05m
AR4 AURELIUS Equity Opportunities SE KGaA
0.1xn/aUS$409.25m
8KC 5.4xIndustry Avg. 2.8xNo. of Companies22PS048121620+
22 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 8KC is expensive based on its Price-To-Sales Ratio (5.4x) compared to the German Capital Markets industry average (2.8x).

Price to Sales Ratio vs Fair Ratio

What is 8KC'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.

8KC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5.4x
Fair PS Ratio2.5x

Price-To-Sales vs Fair Ratio: 8KC is expensive based on its Price-To-Sales Ratio (5.4x) compared to the estimated Fair Price-To-Sales Ratio (2.5x).

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.

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