Scandinavian Investment Group A/S

DB:2D2 Stock Report

Market Cap: €21.0m

Scandinavian Investment Group Valuation

Is 2D2 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-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 2D2 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2D2 (€0.4) is trading above our estimate of fair value (€0.25)

Significantly Below Fair Value: 2D2 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2D2?

Key metric: As 2D2 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2D2. This is calculated by dividing 2D2's market cap by their current earnings.
What is 2D2's PE Ratio?
PE Ratio14.7x
EarningsDKK 10.70m
Market CapDKK 156.86m

Price to Earnings Ratio vs Peers

How does 2D2's PE Ratio compare to its peers?

The above table shows the PE ratio for 2D2 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.5x
BENH BENO Holding
3.8xn/a€20.3m
FFM1 Franconofurt
27.3xn/a€37.5m
DEF DEFAMA Deutsche Fachmarkt
28.5x0.2%€148.8m
STG STINAG Stuttgart Invest
30.3xn/a€184.6m
2D2 Scandinavian Investment Group
14.7xn/a€156.9m

Price-To-Earnings vs Peers: 2D2 is good value based on its Price-To-Earnings Ratio (14.7x) compared to the peer average (22.5x).

Price to Earnings Ratio vs Industry

How does 2D2's PE Ratio compare vs other companies in the European Real Estate Industry?

22 CompaniesPrice / EarningsEstimated GrowthMarket Cap
2D2 14.7xIndustry Avg. 18.0xNo. of Companies30PE01224364860+
22 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2D2 is good value based on its Price-To-Earnings Ratio (14.7x) compared to the European Real Estate industry average (18.2x).

Price to Earnings Ratio vs Fair Ratio

What is 2D2'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.

2D2 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2D2'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.

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