ALBIS Leasing Valuation

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

ALG (€2.74) is trading above our estimate of [[fair value]] (€0.86)

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

Below Fair Value: ALG (€2.74) is trading above our estimate of fair value (€0.86)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ALG. This is calculated by dividing ALG's market cap by their current earnings.
What is ALG's PE Ratio?
PE Ratio	13.1x
Earnings	€4.44m
Market Cap	€58.08m

ALG 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	6.1x
Enterprise Value/EBITDA	13x
PEG Ratio	1.3x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ALG 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	36.9x
FRS FORIS	5.5x	n/a	€12.3m
EBEN aifinyo	118x	n/a	€13.3m
DFTK DF Deutsche Forfait	14.8x	n/a	€17.6m
GLJ Grenke	9.5x	25.2%	€705.1m
ALG ALBIS Leasing	13.1x	9.9%	€58.1m

Price-To-Earnings vs Peers: ALG is good value based on its Price-To-Earnings Ratio (13.1x) compared to the peer average (36.9x).

Price to Earnings Ratio vs Industry

How does ALG's PE Ratio compare vs other companies in the European Diversified Financial Industry?

7 Companies	Price / Earnings	Estimated Growth	Market Cap

7 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: ALG is expensive based on its Price-To-Earnings Ratio (13.1x) compared to the European Diversified Financial industry average (10.8x).

Price to Earnings Ratio vs Fair Ratio

What is ALG'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.

ALG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	13.1x
Fair PE Ratio	9.7x

Price-To-Earnings vs Fair Ratio: ALG is expensive based on its Price-To-Earnings Ratio (13.1x) compared to the estimated Fair Price-To-Earnings Ratio (9.7x).

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.

Discover undervalued companies

Pepper Money

AU$581.0m

Operates as a non-bank lender in the mortgage and asset finance markets in Australia and New Zealand.

X95

AU$0.80

-1.9%

13.6%

Yeahka

HK$4.2b

An investment holding company, provides payment and business services to merchants and consumers in the People’s Republic of China.

4YE

HK$1.18

-6.3%

-27.2%

ORIX

JP¥3.8t

Provides diversified financial services in Japan, the United States, Asia, Europe, Australasia, and the Middle East.

OIX

JP¥20.40

22.9%