Kromek Group plc

DB:4KM Stock Report

Market Cap: €43.2m

Kromek Group Valuation

Is 4KM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 4KM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 4KM (€0.06) is trading above our estimate of fair value (€0.05)

Significantly Below Fair Value: 4KM is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4KM?

Key metric: As 4KM is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 4KM. This is calculated by dividing 4KM's market cap by their current revenue.
What is 4KM's PS Ratio?
PS Ratio1.9x
SalesUK£19.40m
Market CapUK£35.90m

Price to Sales Ratio vs Peers

How does 4KM's PS Ratio compare to its peers?

The above table shows the PS ratio for 4KM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.1x
P4O Planoptik
1.2xn/a€14.7m
ELG Elmos Semiconductor
1.8x5.4%€1.1b
SIS First Sensor
5xn/a€618.3m
M5Z Manz
0.2x7.7%€45.8m
4KM Kromek Group
1.9xn/a€35.9m

Price-To-Sales vs Peers: 4KM is good value based on its Price-To-Sales Ratio (1.9x) compared to the peer average (2.1x).

Price to Sales Ratio vs Industry

How does 4KM's PS Ratio compare vs other companies in the DE Semiconductor Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
M5Z Manz
0.2x7.7%US$48.31m
D0Q Sondrel (Holdings)
0.2xn/aUS$2.02m
No more companies available in this PS range
4KM 1.9xIndustry Avg. 1.7xNo. of Companies3PS012345+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 4KM is expensive based on its Price-To-Sales Ratio (1.9x) compared to the European Semiconductor industry average (1.7x).

Price to Sales Ratio vs Fair Ratio

What is 4KM'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.

4KM PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.9x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 4KM's Price-To-Sales 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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