Calliditas Therapeutics Valuation
Is LC8 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation 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 LC8 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: LC8 (€17.83) is trading below our estimate of fair value (€955.06)
Significantly Below Fair Value: LC8 is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for LC8?
Key metric: As LC8 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.
| What is LC8's PS Ratio? | |
|---|---|
| PS Ratio | 6.8x |
| Sales | SEK 1.60b |
| Market Cap | SEK 126.85b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 80.7x |
| Enterprise Value/EBITDA | -353.7x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does LC8's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 1.5x | ||
BAYN Bayer | 0.4x | 1.0% | €18.6b |
DMP Dermapharm Holding | 1.7x | 4.1% | €2.0b |
MRK Merck KGaA | 2.9x | 4.1% | €61.6b |
93M1 MPH Health Care | 0.9x | -60.2% | €102.8m |
LC8 Calliditas Therapeutics | 6.8x | 34.3% | €11.2b |
Price-To-Sales vs Peers: LC8 is expensive based on its Price-To-Sales Ratio (6.8x) compared to the peer average (1.6x).
Price to Sales Ratio vs Industry
How does LC8's PS Ratio compare vs other companies in the European Pharmaceuticals Industry?
| 24 Companies | Price / Sales | Estimated Growth | Market Cap |
|---|---|---|---|
| 24 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Sales vs Industry: LC8 is expensive based on its Price-To-Sales Ratio (6.8x) compared to the European Pharmaceuticals industry average (3.8x).
Price to Sales Ratio vs Fair Ratio
What is LC8'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 | 6.8x |
| Fair PS Ratio | 14.3x |
Price-To-Sales vs Fair Ratio: LC8 is good value based on its Price-To-Sales Ratio (6.8x) compared to the estimated Fair Price-To-Sales Ratio (14.3x).
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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