BioFish Holding Valuation

Is 9R2 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 9R2 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 9R2 (€0.04) is trading below our estimate of fair value (€2.12)

Significantly Below Fair Value: 9R2 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9R2?

Key metric: As 9R2 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 9R2. This is calculated by dividing 9R2's market cap by their current revenue.
What is 9R2's PS Ratio?
PS Ratio3.1x
SalesNOK 36.67m
Market CapNOK 111.91m

Price to Sales Ratio vs Peers

How does 9R2's PS Ratio compare to its peers?

The above table shows the PS ratio for 9R2 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.5x
VEZ Veganz Group
0.4xn/a€6.4m
SMB Schwälbchen Molkerei Jakob Berz
0.3xn/a€55.8m
GTK Tonkens Agrar
0.6xn/a€12.4m
NLM FRoSTA
0.6xn/a€391.7m
9R2 BioFish Holding
3.1x54.4%€111.9m

Price-To-Sales vs Peers: 9R2 is expensive based on its Price-To-Sales Ratio (3.1x) compared to the peer average (0.5x).


Price to Sales Ratio vs Industry

How does 9R2's PS Ratio compare vs other companies in the European Food Industry?

36 CompaniesPrice / SalesEstimated GrowthMarket Cap
9R2 3.1xIndustry Avg. 0.7xNo. of Companies47PS00.81.62.43.24+
36 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 9R2 is expensive based on its Price-To-Sales Ratio (3.1x) compared to the European Food industry average (0.7x).


Price to Sales Ratio vs Fair Ratio

What is 9R2'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.

9R2 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 9R2'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?

Analyst Forecast: Insufficient data to show price forecast.


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