Delticom Valuation

Q: What is the Fair Price of DEX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

DEX (€2.4) is trading below our estimate of [[fair value]] (€4.15)

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

Valuation Score

5/6

Valuation Score 5/6

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

Below Fair Value: DEX (€2.4) is trading below our estimate of fair value (€4.15)

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

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for DEX. This is calculated by dividing DEX's market cap by their current preferred multiple.
What is DEX's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	€35.53m

DEX key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.2x
Enterprise Value/EBITDA	9.2x
PEG Ratio	0.3x

Price to Earnings Ratio vs Peers

How does DEX's PE Ratio compare to its peers?

The above table shows the PE ratio for DEX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	37.7x
ECK LUDWIG BECK am Rathauseck - Textilhaus Feldmeier	125.3x	n/a	€66.5m
ALHUN Hunyvers	9x	n/a	€35.6m
3184 International Conglomerate of Distribution for Automobile Holdings	5.9x	n/a	JP¥6.2b
7134 UP GARAGE GROUP	10.6x	n/a	JP¥7.2b
DEX Delticom	5.4x	18.8%	€35.5m

Price-To-Earnings vs Peers: DEX is good value based on its Price-To-Earnings Ratio (5.4x) compared to the peer average (37.7x).

Price to Earnings Ratio vs Industry

How does DEX's PE Ratio compare vs other companies in the European Specialty Retail Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	35.3%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	35.3%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: DEX is good value based on its Price-To-Earnings Ratio (5.4x) compared to the European Specialty Retail industry average (16.3x).

Price to Earnings Ratio vs Fair Ratio

What is DEX'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.

DEX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	5.4x
Fair PE Ratio	9.9x

Price-To-Earnings vs Fair Ratio: DEX is good value based on its Price-To-Earnings Ratio (5.4x) compared to the estimated Fair Price-To-Earnings Ratio (9.9x).

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 DEX forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	€2.40	€4.95 +106.3%	11.1%	€5.50	€4.40	n/a	2
Oct ’25	€2.56	€4.95 +93.4%	11.1%	€5.50	€4.40	n/a	2
Sep ’25	€2.54	€4.95 +94.9%	11.1%	€5.50	€4.40	n/a	2
Aug ’25	€2.64	€5.15 +95.1%	6.8%	€5.50	€4.80	n/a	2
Jul ’25	€2.76	€5.15 +86.6%	6.8%	€5.50	€4.80	n/a	2
Jun ’25	€3.06	€5.15 +68.3%	6.8%	€5.50	€4.80	n/a	2

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.