Beyond Frames Entertainment AB (publ)

DB:8WP Stock Report

Market Cap: €16.8m

Beyond Frames Entertainment Valuation

Is 8WP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 8WP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8WP (€0.97) is trading below our estimate of fair value (€3.73)

Significantly Below Fair Value: 8WP is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8WP?

Key metric: As 8WP is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 8WP. This is calculated by dividing 8WP's market cap by their current revenue.
What is 8WP's PS Ratio?
PS Ratio0.9x
SalesSEK 208.00m
Market CapSEK 195.75m

Price to Sales Ratio vs Peers

How does 8WP's PS Ratio compare to its peers?

The above table shows the PS ratio for 8WP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.7x
S6P Spielvereinigung Unterhaching Fußball GmbH KGaA
5.8xn/a€11.6m
WIG1 Sporttotal
0.4xn/a€17.0m
SPM Splendid Medien
0.3xn/a€12.1m
LOU DEAG Deutsche Entertainment
0.3xn/a€103.6m
8WP Beyond Frames Entertainment
0.9x10.2%€16.8m

Price-To-Sales vs Peers: 8WP is good value based on its Price-To-Sales Ratio (0.9x) compared to the peer average (1.7x).

Price to Sales Ratio vs Industry

How does 8WP's PS Ratio compare vs other companies in the European Entertainment Industry?

36 CompaniesPrice / SalesEstimated GrowthMarket Cap
8WP 0.9xIndustry Avg. 1.4xNo. of Companies36PS01.63.24.86.48+
36 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 8WP is good value based on its Price-To-Sales Ratio (0.9x) compared to the European Entertainment industry average (1.4x).

Price to Sales Ratio vs Fair Ratio

What is 8WP'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.

8WP PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.9x
Fair PS Ratio0.4x

Price-To-Sales vs Fair Ratio: 8WP is expensive based on its Price-To-Sales Ratio (0.9x) compared to the estimated Fair Price-To-Sales Ratio (0.4x).

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 8WP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.97
€2.56
+164.6%
3.4%€2.64€2.47n/a2
Nov ’25€1.08
€2.56
+137.8%
3.4%€2.64€2.47n/a2
Oct ’25€1.25
€2.56
+104.5%
3.4%€2.64€2.47n/a2
Sep ’25€1.22
€2.56
+110.4%
3.4%€2.64€2.47n/a2
Aug ’25€1.32
€2.60
+97.2%
6.7%€2.78€2.43n/a2
Jul ’25€1.43
€2.60
+82.7%
6.7%€2.78€2.43n/a2
Jun ’25€1.82
€2.60
+43.1%
6.7%€2.78€2.43n/a2
May ’25€1.70
€2.53
+49.0%
0.9%€2.56€2.51n/a2
Apr ’25€1.81
€2.53
+39.9%
0.9%€2.56€2.51n/a2
Mar ’25€1.92
€2.53
+32.3%
0.9%€2.56€2.51n/a2

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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