Echo IQ Limited

DB:PL4 Stock Report

Market Cap: €605.2m

Echo IQ Valuation

Is PL4 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of PL4 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: Insufficient data to calculate PL4's future cash flow value for valuation analysis.

Significantly Below Future Cash Flow Value: Insufficient data to calculate PL4's future cash flow value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for PL4?

Key metric: As PL4 barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for PL4. This is calculated by dividing PL4's market cap by their current book value.
What is PL4's PB Ratio?
PB Ratio57.4x
BookAU$17.27m
Market CapAU$991.29m

Price to Book Ratio vs Peers

How does PL4's PB Ratio compare to its peers?

The above table shows the PB ratio for PL4 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average7.4x
MUM Mensch und Maschine Software
6.9x11.29%€568.9m
1INN innoscripta
10.1x19.80%€728.0m
PSAN PSI Software
11.6x144.20%€701.8m
NB2 Northern Data
0.9xn/a€410.9m
PL4 Echo IQ
57.4x74.22%€991.3m

Price-To-Book vs Peers: PL4 is expensive based on its Price-To-Book Ratio (57.4x) compared to the peer average (7.4x).


Historical Price to Book Ratio

Historical Price to Book Ratio compares a stock's price to the book value of it's equity over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Book Ratio vs Industry

How does PL4's PB Ratio compare vs other companies in the DE Software Industry?

5 CompaniesPrice / BookEstimated GrowthMarket Cap
CLIQ Cliq Digital
0.3xn/aUS$23.65m
50C SOLAI
0.2xn/aUS$6.89m
UMD UMT United Mobility Technology
0.4xn/aUS$3.28m
9R6 Scape Technologies
0.4xn/aUS$256.04k
PL4 57.4xIndustry Avg. 2.3xNo. of Companies9PB0246810+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: PL4 is expensive based on its Price-To-Book Ratio (57.4x) compared to the German Software industry average (2.3x).


Price to Book Ratio vs Fair Ratio

What is PL4's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PL4 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio57.4x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate PL4's Price-To-Book 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?

The above table shows the analyst PL4 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.89
€1.16
+30.63%
5.58%€1.22€1.07n/a4
Jul ’27€0.94
€1.02
+8.18%
15.16%€1.21€0.79n/a4
Jun ’27€0.88
€0.86
-1.97%
7.14%€0.92€0.80n/a2
May ’27€0.57
€0.58
+1.31%
36.84%€0.79€0.36n/a2
Feb ’27€0.25
€0.44
+77.97%
18.95%€0.53€0.36n/a2
Jan ’27€0.13
€0.37
+178.60%
38.93%€0.51€0.22n/a2
Dec ’26€0.13
€0.37
+176.50%
38.93%€0.51€0.22n/a2
Nov ’26€0.11
€0.37
+227.88%
38.93%€0.51€0.22n/a2
Oct ’26€0.09
€0.37
+308.02%
38.93%€0.51€0.22n/a2
Sep ’26€0.11
€0.37
+252.07%
38.93%€0.52€0.23n/a2
Aug ’26€0.12
€0.37
+216.27%
38.93%€0.52€0.23n/a2
Jul ’26€0.14
€0.37
+166.57%
38.93%€0.52€0.23€0.942
Jun ’26n/a
€0.37
0%
38.93%€0.52€0.23€0.882
€1.12
Fair Value
21.1% undervalued intrinsic discount
4
Number of Analysts

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/19 05:29
End of Day Share Price 2026/07/17 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

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.

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 Github.

Analyst Sources

Echo IQ Limited is covered by 5 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
John HesterBell Potter
Rahul TiwariEastCoast Research
Iain WilkieMorgans Financial Limited