accesso Technology Group plc

DB:LQG Stock Report

Market Cap: €244.0m

accesso Technology Group Valuation

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

Below Fair Value: LQG (€5.95) is trading below our estimate of fair value (€12.33)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

LQG 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/Revenue1.6x
Enterprise Value/EBITDA14.2x
PEG Ratio2.2x

Price to Earnings Ratio vs Peers

How does LQG's PE Ratio compare to its peers?

The above table shows the PE ratio for LQG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average38.3x
FAA Fabasoft
18.8x8.9%€162.1m
OSP2 USU Software
35.1x39.7%€210.8m
CSH CENIT
31.2x42.1%€95.4m
BSS Beta Systems Software
68.2x27.7%€124.2m
LQG accesso Technology Group
31.6x14.6%€205.3m

Price-To-Earnings vs Peers: LQG is good value based on its Price-To-Earnings Ratio (31.6x) compared to the peer average (38.3x).


Price to Earnings Ratio vs Industry

How does LQG's PE Ratio compare vs other companies in the DE Software Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a36.8%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a36.8%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: LQG is expensive based on its Price-To-Earnings Ratio (31.6x) compared to the European Software industry average (30.5x).


Price to Earnings Ratio vs Fair Ratio

What is LQG'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.

LQG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio31.6x
Fair PE Ratio19.8x

Price-To-Earnings vs Fair Ratio: LQG is expensive based on its Price-To-Earnings Ratio (31.6x) compared to the estimated Fair Price-To-Earnings Ratio (19.8x).


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 LQG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€5.95
€8.40
+41.2%
12.3%€9.60€7.08n/a3
Sep ’25€7.15
€8.20
+14.7%
12.3%€9.37€6.91n/a3
Aug ’25€7.90
€11.96
+51.4%
1.7%€12.16€11.75n/a2
Jul ’25€8.30
€11.96
+44.1%
1.7%€12.16€11.75n/a2
Jun ’25€8.45
€11.96
+41.5%
1.7%€12.16€11.75n/a2
May ’25€7.60
€11.91
+56.7%
1.7%€12.12€11.71n/a2
Apr ’25€5.90
€11.90
+101.8%
1.7%€12.11€11.70n/a2
Mar ’25€6.00
€11.91
+98.6%
1.7%€12.12€11.71n/a2
Feb ’25€6.35
€11.91
+87.6%
1.7%€12.12€11.71n/a2
Jan ’25€6.35
€11.86
+86.8%
1.7%€12.06€11.66n/a2
Dec ’24€5.95
€11.81
+98.5%
1.7%€12.01€11.61n/a2
Nov ’24€6.05
€11.81
+95.2%
1.7%€12.01€11.61n/a2
Oct ’24€7.10
€11.81
+66.3%
1.7%€12.01€11.61€5.952
Sep ’24€7.70
€11.75
+52.6%
1.7%€11.95€11.54€7.152
Aug ’24€8.45
€11.39
+34.8%
1.6%€11.65€11.26€7.903
Jul ’24€8.80
€11.39
+29.4%
1.6%€11.65€11.26€8.303
Jun ’24€8.30
€11.39
+37.2%
1.6%€11.65€11.26€8.453
May ’24€7.40
€11.39
+53.9%
1.6%€11.65€11.26€7.603
Apr ’24€7.80
€11.39
+46.0%
1.6%€11.65€11.26€5.903
Mar ’24€9.00
€11.39
+26.6%
1.6%€11.65€11.26€6.003
Feb ’24€8.80
€11.39
+29.4%
1.6%€11.65€11.26€6.353
Jan ’24€8.75
€11.09
+26.7%
5.8%€11.73€10.20€6.353
Dec ’23€9.10
€11.09
+21.9%
5.8%€11.73€10.20€5.953
Nov ’23€6.80
€11.67
+71.6%
1.6%€11.94€11.53€6.053
Oct ’23€6.05
€11.67
+92.8%
1.6%€11.94€11.53€7.103

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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