Embracer Group Valuation
Is TH91 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
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 TH91 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TH91 (€11.8) is trading below our estimate of fair value (€29.5)
Significantly Below Fair Value: TH91 is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TH91?
Key metric: As TH91 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.
| What is TH91's PS Ratio? | |
|---|---|
| PS Ratio | 1.1x |
| Sales | SEK 37.55b |
| Market Cap | SEK 39.76b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.5x |
| Enterprise Value/EBITDA | -9.6x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does TH91's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 3.9x | ||
EVD CTS Eventim KGaA | 3x | 6.3% | €7.9b |
SAX Ströer SE KGaA | 1.3x | 7.7% | €2.7b |
RRTL RTL Group | 0.6x | 3.8% | €3.7b |
G24 Scout24 | 10.8x | 8.0% | €6.2b |
TH91 Embracer Group | 1.1x | 3.3% | €39.8b |
Price-To-Sales vs Peers: TH91 is good value based on its Price-To-Sales Ratio (1.1x) compared to the peer average (3.9x).
Price to Sales Ratio vs Industry
How does TH91's PS Ratio compare vs other companies in the European Entertainment Industry?
| 36 Companies | Price / Sales | Estimated Growth | Market Cap |
|---|---|---|---|
| 36 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Sales vs Industry: TH91 is good value based on its Price-To-Sales Ratio (1.1x) compared to the European Entertainment industry average (1.4x).
Price to Sales Ratio vs Fair Ratio
What is TH91'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.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 1.1x |
| Fair PS Ratio | 3.1x |
Price-To-Sales vs Fair Ratio: TH91 is good value based on its Price-To-Sales Ratio (1.1x) compared to the estimated Fair Price-To-Sales Ratio (3.1x).
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
illumin Holdings
CA$89.0m
A technology company, provides digital media solutions in the United States, Canada, Europe, Latin America, and internationally.
K3S0
CA$1.17
7D
1.7%
1Y
20.6%
Obiz
€24.5m
Provides relationship marketing and customer loyalty solutions in France and internationally.
2GD
€4.03
7D
-7.1%
1Y
-27.0%
Ten Square Games
zł501.7m
Provides mobile games worldwide.
1HQ
zł18.03
7D
2.6%
1Y
-10.7%