Crossword Cybersecurity Plc

DB:9N4 Stock Report

Market Cap: €2.3m

Crossword Cybersecurity Valuation

Is 9N4 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 9N4 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 9N4's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 9N4's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9N4?

Key metric: As 9N4 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 9N4. This is calculated by dividing 9N4's market cap by their current revenue.
What is 9N4's PS Ratio?
PS Ratio0.5x
SalesUK£4.19m
Market CapUK£1.95m

Price to Sales Ratio vs Peers

How does 9N4's PS Ratio compare to its peers?

The above table shows the PS ratio for 9N4 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.9x
EXL Exasol
1.5x13.0%€56.9m
9HY Hypefactors
3.3xn/a€5.0m
CYR cyan
9.2x28.1%€54.1m
Y31 infinitii ai
1.4xn/a€2.5m
9N4 Crossword Cybersecurity
0.5xn/a€2.0m

Price-To-Sales vs Peers: 9N4 is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (4.1x).


Price to Sales Ratio vs Industry

How does 9N4's PS Ratio compare vs other companies in the DE Software Industry?

8 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.1.8x10.6%
9N4 Crossword Cybersecurity
0.5xn/aUS$2.47m
CSH CENIT
0.4x5.2%US$73.94m
CLIQ Cliq Digital
0.09x13.2%US$25.72m
9N4 0.5xIndustry Avg. 1.8xNo. of Companies7PS02.44.87.29.612+
8 CompaniesEstimated GrowthMarket Cap
Industry Avg.1.8x39.7%
9N4 Crossword Cybersecurity
0.5xn/aUS$2.47m
No more companies

Price-To-Sales vs Industry: 9N4 is good value based on its Price-To-Sales Ratio (0.5x) compared to the German Software industry average (1.8x).


Price to Sales Ratio vs Fair Ratio

What is 9N4'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.

9N4 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 9N4'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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