WISeKey International Holding Valuation

Is 1W81 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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 1W81 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 1W81's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 1W81's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1W81?

Key metric: As 1W81 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 1W81. This is calculated by dividing 1W81's market cap by their current revenue.
What is 1W81's PS Ratio?
PS Ratio	0.7x
Sales	US$20.99m
Market Cap	US$14.14m

1W81 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	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 1W81's PS Ratio compare to its peers?

The above table shows the PS ratio for 1W81 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	2x
P4O Planoptik	1.1x	n/a	€14.1m
SIS First Sensor	4.9x	n/a	€603.9m
ELG Elmos Semiconductor	1.8x	5.4%	€1.1b
M5Z Manz	0.3x	7.5%	€57.6m
1W81 WISeKey International Holding	0.7x	30.2%	€12.5m

Price-To-Sales vs Peers: 1W81 is good value based on its Price-To-Sales Ratio (0.7x) compared to the peer average (2x).

Price to Sales Ratio vs Industry

How does 1W81's PS Ratio compare vs other companies in the DE Semiconductor Industry?

1 Company	Price / Sales	Estimated Growth	Market Cap
D0Q Sondrel (Holdings)	0.2x	n/a	US$2.02m

No more companies available in this PS range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 1W81 is good value based on its Price-To-Sales Ratio (0.7x) compared to the European Semiconductor industry average (1.7x).

Price to Sales Ratio vs Fair Ratio

What is 1W81'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.

1W81 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.7x
Fair PS Ratio	1.2x

Price-To-Sales vs Fair Ratio: 1W81 is good value based on its Price-To-Sales Ratio (0.7x) compared to the estimated Fair Price-To-Sales Ratio (1.2x).

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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