Muza Valuation

Q: What is the Fair Price of M9Z when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

M9Z (€3.01) is trading below our estimate of [[fair value]] (€3.25)

Is M9Z 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-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 M9Z when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: M9Z (€3.01) is trading below our estimate of fair value (€3.25)

Significantly Below Fair Value: M9Z 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 M9Z?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for M9Z. This is calculated by dividing M9Z's market cap by their current preferred multiple.
What is M9Z's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	zł47.40m

M9Z 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	0.6x
Enterprise Value/EBITDA	2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does M9Z's PE Ratio compare to its peers?

The above table shows the PE ratio for M9Z 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	47.9x
MF8 Cash.Medien	130.4x	n/a	€3.8m
BST Bastei Lübbe	8x	-8.7%	€86.5m
KA8 Klassik Radio	47.3x	n/a	€18.5m
SPM Splendid Medien	6x	n/a	€13.2m
M9Z Muza	4x	n/a	€47.4m

Price-To-Earnings vs Peers: M9Z is good value based on its Price-To-Earnings Ratio (4x) compared to the peer average (47.9x).

Price to Earnings Ratio vs Industry

How does M9Z's PE Ratio compare vs other companies in the European Media Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	25.4%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	25.4%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: M9Z is good value based on its Price-To-Earnings Ratio (4x) compared to the European Media industry average (14.1x).

Price to Earnings Ratio vs Fair Ratio

What is M9Z'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.

M9Z PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	4x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate M9Z's Price-To-Earnings 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.