Nextensa/SA Valuation
Is L3R undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation 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 L3R when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: L3R (€39.6) is trading above our estimate of fair value (€7.23)
Significantly Below Fair Value: L3R is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for L3R?
Key metric: As L3R is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is L3R's PE Ratio? | |
|---|---|
| PE Ratio | 18.9x |
| Earnings | €21.44m |
| Market Cap | €405.26m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 9.6x |
| Enterprise Value/EBITDA | 21x |
| PEG Ratio | 0.5x |
Price to Earnings Ratio vs Peers
How does L3R's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 23x | ||
HABA Hamborner REIT | 64.3x | 10.8% | €526.3m |
SRVGY Servet Gayrimenkul Yatirim Ortakligi | 4.1x | n/a | ₺14.6b |
MNRT Menivim - The New Reit | 12.3x | n/a | ₪1.5b |
4342 Jadwa Investment - Jadwa Reit Saudi Fund | 11.2x | n/a | ر.س1.9b |
L3R Nextensa/SA | 18.9x | 35.9% | €405.3m |
Price-To-Earnings vs Peers: L3R is good value based on its Price-To-Earnings Ratio (18.9x) compared to the peer average (23x).
Price to Earnings Ratio vs Industry
How does L3R's PE Ratio compare vs other companies in the European REITs Industry?
| 2 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 2 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: L3R is good value based on its Price-To-Earnings Ratio (18.9x) compared to the European REITs industry average (21.9x).
Price to Earnings Ratio vs Fair Ratio
What is L3R'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 18.9x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate L3R'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.
Discover undervalued companies
Argan
€1.7b
Engages in designing, building, developing, owning, leasing, and managing logistical platforms in France.
871
€65.40
7D
0.9%
1Y
-13.0%
Safestore Holdings
UK£1.6b
Safestore is the UK's largest self storage group with 190 stores on 31 October 2023, comprising 133 wholly owned stores in the UK (including 73 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 29 wholly owned stores in the Paris region, 11 stores in Spain, 11 stores in the Netherlands and 6 stores in Belgium.
IHF
UK£9.05
7D
2.3%
1Y
2.3%
United Urban Investment
JP¥423.0b
United Urban was listed in the real estate investment trust section of the Tokyo Stock Exchange (the J-REIT section) in December 2003 as a diversified J-REIT, investing in properties varied both in types of use and geographical location.
0S2
JP¥835.00
7D
-1.2%
1Y
-3.5%