Komplett Valuation

Is GJ60 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 GJ60 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GJ60 (€0.71) is trading below our estimate of fair value (€2.43)

Significantly Below Fair Value: GJ60 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for GJ60?

Key metric: As GJ60 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for GJ60. This is calculated by dividing GJ60's market cap by their current revenue.
What is GJ60's PS Ratio?
PS Ratio0.1x
SalesNOK 14.83b
Market CapNOK 1.51b

Price to Sales Ratio vs Peers

How does GJ60's PS Ratio compare to its peers?

The above table shows the PS ratio for GJ60 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.6x
CEC Ceconomy
0.06x1.3%€1.3b
WEW Westwing Group
0.3x5.8%€146.1m
MRX Mister Spex
0.2x2.6%€53.5m
ART Artnet
1.7xn/a€39.4m
GJ60 Komplett
0.1x6.9%€1.5b

Price-To-Sales vs Peers: GJ60 is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.6x).


Price to Sales Ratio vs Industry

How does GJ60's PS Ratio compare vs other companies in the DE Specialty Retail Industry?

4 CompaniesPrice / SalesEstimated GrowthMarket Cap
CEC Ceconomy
0.06x1.3%US$1.32b
GFG Global Fashion Group
0.07x1.2%US$53.76m
DEX Delticom
0.06x2.8%US$32.50m
49S Superdry
0.004x-1.4%US$3.12m
No more companies available in this PS range
GJ60 0.1xIndustry Avg. 0.4xNo. of Companies4PS00.40.81.21.62+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: GJ60 is good value based on its Price-To-Sales Ratio (0.1x) compared to the European Specialty Retail industry average (0.4x).


Price to Sales Ratio vs Fair Ratio

What is GJ60'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.

GJ60 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.1x
Fair PS Ratio0.08x

Price-To-Sales vs Fair Ratio: GJ60 is expensive based on its Price-To-Sales Ratio (0.1x) compared to the estimated Fair Price-To-Sales Ratio (0.1x).


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 GJ60 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.71
€0.79
+11.7%
13.5%€0.90€0.68n/a2
Dec ’25€0.70
€0.78
+11.2%
13.5%€0.89€0.68n/a2
Nov ’25€0.66
€0.78
+18.0%
13.5%€0.89€0.68n/a2
Oct ’25€0.70
€0.86
+22.6%
17.1%€1.01€0.71n/a2
Sep ’25€0.80
€0.86
+7.8%
17.1%€1.01€0.72n/a2
Aug ’25€0.88
€0.86
-1.5%
17.1%€1.01€0.72n/a2
Jul ’25€0.74
€0.94
+26.7%
11.6%€1.05€0.83n/a2
Jun ’25€0.80
€1.01
+25.8%
13.0%€1.14€0.88n/a2
May ’25€0.82
€0.98
+19.8%
13.0%€1.10€0.85n/a2
Apr ’25€0.98
€1.12
+13.6%
7.7%€1.20€1.03n/a2
Feb ’25€0.89
€1.17
+31.1%
11.1%€1.30€1.04n/a2
Jan ’25€1.03
€1.17
+13.0%
11.1%€1.30€1.04€0.692
Dec ’24€0.63
€0.61
-3.7%
2.8%€0.63€0.59€0.702
Nov ’24€0.52
€0.61
+17.9%
2.8%€0.63€0.59€0.662
Oct ’24€0.67
€1.01
+50.4%
13.0%€1.14€0.87€0.702
Sep ’24€0.78
€1.14
+46.8%
2.0%€1.16€1.12€0.802
Aug ’24€1.09
€1.14
+4.0%
2.0%€1.16€1.12€0.882
Jul ’24€1.08
€1.54
+43.3%
18.1%€1.89€1.20€0.743
Jun ’24€1.18
€1.63
+38.0%
9.8%€1.86€1.52€0.803
May ’24€1.54
€1.65
+7.1%
9.8%€1.88€1.54€0.823
Apr ’24€1.40
€1.74
+24.7%
10.4%€1.95€1.51€0.983
Mar ’24€1.58
€1.71
+7.8%
8.1%€1.85€1.57€0.942
Feb ’24€1.23
€1.29
+4.6%
25.9%€1.62€0.96€0.892
Jan ’24€1.33
€1.29
-3.3%
25.9%€1.62€0.96€1.032

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


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 14:21
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Komplett ASA is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christian RomCarnegie Investment Bank AB
Ole WestgaardDNB Markets
Tore ØstbyHandelsbanken Capital Markets