Kape Technologies PLC

DB:8C2 Stock Report

Market Cap: €1.2b

Kape Technologies Valuation

Is 8C2 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 8C2 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8C2 (€3.12) is trading below our estimate of fair value (€8.25)

Significantly Below Fair Value: 8C2 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8C2?

Key metric: As 8C2 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 8C2. This is calculated by dividing 8C2's market cap by their current earnings.
What is 8C2's PE Ratio?
PE Ratio20.1x
EarningsUS$70.92m
Market CapUS$1.30b

Price to Earnings Ratio vs Peers

How does 8C2's PE Ratio compare to its peers?

The above table shows the PE ratio for 8C2 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.7x
IXX init innovation in traffic systems
19.7x27.8%€360.5m
IVU IVU Traffic Technologies
20.1xn/a€245.4m
AOF ATOSS Software
42.5x7.7%€1.9b
TMV TeamViewer
12.7x10.7%€1.5b
8C2 Kape Technologies
20.1x8.9%€1.2b

Price-To-Earnings vs Peers: 8C2 is good value based on its Price-To-Earnings Ratio (20.1x) compared to the peer average (37x).

Price to Earnings Ratio vs Industry

How does 8C2's PE Ratio compare vs other companies in the European Software Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
8C2 20.1xIndustry Avg. 25.9xNo. of Companies19PE020406080100+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 8C2 is good value based on its Price-To-Earnings Ratio (20.1x) compared to the European Software industry average (32.5x).

Price to Earnings Ratio vs Fair Ratio

What is 8C2'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.

8C2 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.1x
Fair PE Ratio27.7x

Price-To-Earnings vs Fair Ratio: 8C2 is good value based on its Price-To-Earnings Ratio (20.1x) compared to the estimated Fair Price-To-Earnings Ratio (27.7x).

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/06/02 08:37
End of Day Share Price 2023/05/30 00:00
Earnings2022/12/31
Annual Earnings2022/12/31

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

Kape Technologies PLC is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kartikeyan SwaminathanArden Partners Plc.
Edward JamesBerenberg
Benjamin MayBerenberg