Taylor Maritime Investments Limited

DB:91E Stock Report

Market Cap: €298.4m

Taylor Maritime Investments Valuation

Is 91E undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 91E when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 91E (€0.87) is trading below our estimate of fair value (€1.05)

Significantly Below Fair Value: 91E 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 91E?

Key metric: As 91E is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for 91E. This is calculated by dividing 91E's market cap by their current book value.
What is 91E's PB Ratio?
PB Ratio0.7x
BookUS$485.01m
Market CapUS$316.18m

Price to Book Ratio vs Peers

How does 91E's PB Ratio compare to its peers?

The above table shows the PB ratio for 91E vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.2x
O4B OVB Holding
2.9x3.5%€280.8m
AR4 AURELIUS Equity Opportunities SE KGaA
0.5xn/a€386.4m
DBAN Deutsche Beteiligungs
0.6x54.1%€420.6m
MUX Mutares SE KGaA
0.5x-45.5%€481.4m
91E Taylor Maritime Investments
0.7xn/a€316.2m

Price-To-Book vs Peers: 91E is good value based on its Price-To-Book Ratio (0.7x) compared to the peer average (1.2x).

Price to Book Ratio vs Industry

How does 91E's PB Ratio compare vs other companies in the DE Capital Markets Industry?

6 CompaniesPrice / BookEstimated GrowthMarket Cap
XE8 Black Sea Property
0.1xn/aUS$7.81m
FNZA China Finance Online
0.1xn/aUS$1.21m
LEH Lehner Investments
0.1xn/aUS$1.11m
WD0 Smart Valor
0.06xn/aUS$346.66k
91E 0.7xIndustry Avg. 1.1xNo. of Companies12PB00.61.21.82.43+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: 91E is good value based on its Price-To-Book Ratio (0.7x) compared to the German Capital Markets industry average (1.1x).

Price to Book Ratio vs Fair Ratio

What is 91E's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

91E PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.7x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 91E's Price-To-Book 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.

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