Parkit Enterprise Inc.

DB:1TH Stock Report

Market Cap: €102.8m

Parkit Enterprise Valuation

Is 1TH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 1TH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1TH (€0.44) is trading below our estimate of fair value (€1.9)

Significantly Below Fair Value: 1TH is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1TH?

Key metric: As 1TH is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 1TH. This is calculated by dividing 1TH's market cap by their current revenue.
What is 1TH's PS Ratio?
PS Ratio5.6x
SalesCA$26.67m
Market CapCA$149.69m

Price to Sales Ratio vs Peers

How does 1TH's PS Ratio compare to its peers?

The above table shows the PS ratio for 1TH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.2x
GTY Gateway Real Estate
1.5xn/a€88.5m
IC8 InCity Immobilien
1.6xn/a€59.7m
DEF DEFAMA Deutsche Fachmarkt
5x8.0%€140.2m
DRE2 Deutsche Real Estate
4.5xn/a€156.4m
1TH Parkit Enterprise
5.6xn/a€149.7m

Price-To-Sales vs Peers: 1TH is expensive based on its Price-To-Sales Ratio (5.6x) compared to the peer average (3.2x).

Price to Sales Ratio vs Industry

How does 1TH's PS Ratio compare vs other companies in the DE Real Estate Industry?

10 CompaniesPrice / SalesEstimated GrowthMarket Cap
DIC Branicks Group
0.7x-21.8%US$194.06m
DMRE DEMIRE Deutsche Mittelstand Real Estate
0.5x-42.0%US$85.70m
ADJ Adler Group
0.1xn/aUS$48.82m
NUVA Noratis
0.3x16.6%US$15.84m
1TH 5.6xIndustry Avg. 3.7xNo. of Companies10PS02.85.68.411.214+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 1TH is expensive based on its Price-To-Sales Ratio (5.6x) compared to the German Real Estate industry average (3.7x).

Price to Sales Ratio vs Fair Ratio

What is 1TH'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.

1TH PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5.6x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 1TH's Price-To-Sales 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?

The above table shows the analyst 1TH forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.44
€0.54
+23.4%
23.4%€0.74€0.41n/a4
Nov ’25€0.43
€0.49
+12.4%
11.4%€0.54€0.40n/a4
Oct ’25€0.44
€0.47
+7.4%
12.5%€0.53€0.40n/a4
Sep ’25€0.36
€0.47
+31.9%
12.5%€0.53€0.40n/a4
Aug ’25€0.33
€0.56
+68.5%
12.5%€0.68€0.51n/a4
Jul ’25€0.34
€0.56
+65.5%
12.5%€0.68€0.51n/a4
Jun ’25€0.39
€0.56
+44.2%
12.5%€0.68€0.51n/a4
May ’25€0.41
€0.56
+37.0%
12.5%€0.68€0.51n/a4
Apr ’25€0.41
€0.58
+41.2%
11.0%€0.68€0.51n/a4
Mar ’25€0.44
€0.61
+36.6%
12.8%€0.68€0.51n/a4
Feb ’25€0.40
€0.61
+50.9%
12.8%€0.68€0.51n/a4
Jan ’25€0.42
€0.54
+28.9%
18.2%€0.68€0.41n/a4
Dec ’24€0.41
€0.51
+23.4%
19.3%€0.67€0.40n/a4
Nov ’24€0.28
€0.60
+111.9%
17.1%€0.72€0.48€0.434
Oct ’24€0.41
€0.68
+64.5%
3.5%€0.71€0.64€0.444
Sep ’24€0.46
€0.68
+47.9%
3.5%€0.71€0.64€0.364
Aug ’24€0.53
€0.72
+38.1%
7.7%€0.81€0.67€0.334
Jul ’24€0.54
€0.74
+36.9%
7.7%€0.83€0.69€0.344
Jun ’24€0.56
€0.74
+33.2%
7.7%€0.83€0.69€0.394
May ’24€0.56
€0.78
+40.5%
9.7%€0.88€0.68€0.414
Apr ’24€0.62
€0.78
+25.7%
9.7%€0.88€0.68€0.414
Mar ’24€0.69
€0.81
+17.1%
6.2%€0.89€0.75€0.444
Feb ’24€0.72
€0.81
+13.1%
6.2%€0.89€0.75€0.404
Jan ’24€0.68
€0.82
+21.5%
6.2%€0.90€0.76€0.424
Dec ’23€0.67
€0.86
+29.2%
6.2%€0.94€0.80€0.414
Nov ’23€0.68
€0.91
+33.8%
6.8%€0.97€0.82€0.284

Analyst Forecast: Target price is less than 20% higher than the current share price.

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