Glass House Brands Inc.

DB:4KF0 Stock Report

Market Cap: €517.9m

Glass House Brands Valuation

Is 4KF0 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-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 4KF0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 4KF0 (€6.35) is trading below our estimate of fair value (€71.56)

Significantly Below Fair Value: 4KF0 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4KF0?

Key metric: As 4KF0 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 4KF0. This is calculated by dividing 4KF0's market cap by their current revenue.
What is 4KF0's PS Ratio?
PS Ratio2.9x
SalesUS$188.29m
Market CapUS$539.27m

Price to Sales Ratio vs Peers

How does 4KF0's PS Ratio compare to its peers?

The above table shows the PS ratio for 4KF0 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.7x
BEI Beiersdorf
2.8x5.1%€27.6b
002919 Mingchen HealthLtd
3.1xn/aCN¥3.9b
W7L Warpaint London
4.3x11.0%UK£423.7m
HUMBLE Humble Group
0.6x11.8%SEK 4.8b
4KF0 Glass House Brands
2.9x15.3%€539.3m

Price-To-Sales vs Peers: 4KF0 is expensive based on its Price-To-Sales Ratio (2.9x) compared to the peer average (2.7x).

Price to Sales Ratio vs Industry

How does 4KF0's PS Ratio compare vs other companies in the European Personal Products Industry?

7 CompaniesPrice / SalesEstimated GrowthMarket Cap
4KF0 2.9xIndustry Avg. 1.4xNo. of Companies10PS01.63.24.86.48+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 4KF0 is expensive based on its Price-To-Sales Ratio (2.9x) compared to the European Personal Products industry average (1.4x).

Price to Sales Ratio vs Fair Ratio

What is 4KF0'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.

4KF0 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.9x
Fair PS Ratio1.8x

Price-To-Sales vs Fair Ratio: 4KF0 is expensive based on its Price-To-Sales Ratio (2.9x) compared to the estimated Fair Price-To-Sales Ratio (1.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 4KF0 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€6.35
€10.86
+71.1%
3.9%€11.40€10.45n/a4
Nov ’25€6.60
€11.29
+71.1%
6.6%€12.01€10.16n/a4
Oct ’25€7.75
€11.11
+43.4%
7.5%€11.74€9.94n/a3
Sep ’25€6.90
€11.17
+61.9%
7.9%€11.86€9.92n/a3
Aug ’25€7.10
€11.58
+63.1%
4.6%€12.11€11.05n/a2
Jul ’25€6.25
€11.58
+85.3%
4.6%€12.11€11.05n/a2
Jun ’25€6.70
€11.58
+72.8%
4.6%€12.11€11.05n/a2
May ’25€7.55
€8.84
+17.1%
5.3%€9.31€8.38n/a2
Apr ’25€7.25
€8.84
+22.0%
5.3%€9.31€8.38n/a2
Mar ’25€6.00
€7.22
+20.3%
22.8%€8.86€5.57n/a2
Apr ’24€2.38
€5.12
+115.2%
9.1%€5.59€4.66€7.252
Mar ’24n/a
€5.16
0%
9.1%€5.63€4.69€6.002
Feb ’24n/a
€5.19
0%
9.1%€5.66€4.71€5.352
Jan ’24n/a
€5.19
0%
9.1%€5.66€4.71€3.822

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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