Columbus Valuation

Q: What is the Fair Price of P1F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

P1F (€1.36) is trading below our estimate of [[fair value]] (€3.13)

Is P1F 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-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 P1F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: P1F (€1.36) is trading below our estimate of fair value (€3.13)

Significantly Below Fair Value: P1F is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for P1F?

Key metric: As P1F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for P1F. This is calculated by dividing P1F's market cap by their current earnings.
What is P1F's PE Ratio?
PE Ratio	37.3x
Earnings	DKK 37.07m
Market Cap	DKK 1.38b

P1F 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	0.9x
Enterprise Value/EBITDA	18.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does P1F's PE Ratio compare to its peers?

The above table shows the PE ratio for P1F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	29.9x
AEIN Allgeier	15x	18.1%	€175.0m
A1OS All for One Group	17.7x	24.6%	€258.7m
NVQ Novabase S.G.P.S	61.7x	n/a	€203.6m
SHF SNP Schneider-Neureither & Partner	25x	11.1%	€356.9m
P1F Columbus	37.3x	n/a	€1.4b

Price-To-Earnings vs Peers: P1F is expensive based on its Price-To-Earnings Ratio (37.3x) compared to the peer average (29.4x).

Price to Earnings Ratio vs Industry

How does P1F's PE Ratio compare vs other companies in the DE IT Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: P1F is expensive based on its Price-To-Earnings Ratio (37.3x) compared to the European IT industry average (17.9x).

Price to Earnings Ratio vs Fair Ratio

What is P1F'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.

P1F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	37.3x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate P1F's Price-To-Earnings 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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