Brockhaus Technologies AG

XTRA:BKHT Stock Report

Market Cap: €248.7m

Brockhaus Technologies Valuation

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

Below Fair Value: BKHT (€23.8) is trading below our estimate of fair value (€97.62)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for BKHT. This is calculated by dividing BKHT's market cap by their current revenue.
What is BKHT's PS Ratio?
PS Ratio1.1x
Sales€222.17m
Market Cap€248.65m

Price to Sales Ratio vs Peers

How does BKHT's PS Ratio compare to its peers?

The above table shows the PS ratio for BKHT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.6x
LPK LPKF Laser & Electronics
1.6x11.6%€210.5m
S9I Stemmer Imaging
3x11.3%€344.5m
BSL Basler
0.9x10.4%€158.0m
8UG Q-Free
1.1xn/a€110.4m
BKHT Brockhaus Technologies
1.1x13.7%€248.7m

Price-To-Sales vs Peers: BKHT is good value based on its Price-To-Sales Ratio (1.1x) compared to the peer average (1.6x).

Price to Sales Ratio vs Industry

How does BKHT's PS Ratio compare vs other companies in the DE Electronic Industry?

5 CompaniesPrice / SalesEstimated GrowthMarket Cap
SCE Schweizer Electronic
0.08x4.3%US$11.78m
IS7 InTiCa Systems
0.08x7.0%US$6.95m
UDC UniDevice
0.004x4.6%US$1.94m
7PF0 Syncro Group
0.02xn/aUS$368.73k
BKHT 1.1xIndustry Avg. 0.9xNo. of Companies5PS00.40.81.21.62+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: BKHT is expensive based on its Price-To-Sales Ratio (1.1x) compared to the European Electronic industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is BKHT'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.

BKHT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.1x
Fair PS Ratio1.8x

Price-To-Sales vs Fair Ratio: BKHT is good value based on its Price-To-Sales Ratio (1.1x) compared to the estimated Fair Price-To-Sales Ratio (1.8x).

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 BKHT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€23.80
€57.25
+140.5%
26.2%€76.00€34.00n/a4
Nov ’25€24.80
€59.00
+137.9%
26.3%€76.00€34.00n/a4
Oct ’25€26.00
€59.00
+126.9%
26.3%€76.00€34.00n/a4
Sep ’25€28.50
€59.00
+107.0%
26.3%€76.00€34.00n/a4
Aug ’25€31.30
€56.50
+80.5%
31.0%€76.00€34.00n/a4
Jul ’25€29.60
€56.50
+90.9%
31.0%€76.00€34.00n/a4
Jun ’25€27.40
€56.50
+106.2%
31.0%€76.00€34.00n/a4
May ’25€21.90
€51.67
+135.9%
34.4%€76.00€34.00n/a3
Apr ’25€21.80
€47.67
+118.7%
32.1%€69.00€34.00n/a3
Mar ’25€21.70
€47.67
+119.7%
32.1%€69.00€34.00n/a3
Feb ’25€24.10
€47.67
+97.8%
32.1%€69.00€34.00n/a3
Jan ’25€25.90
€47.67
+84.0%
32.1%€69.00€34.00n/a3
Dec ’24€22.10
€47.67
+115.7%
32.1%€69.00€34.00n/a3
Nov ’24€20.40
€47.67
+133.7%
32.1%€69.00€34.00€24.803
Oct ’24€21.50
€47.67
+121.7%
32.1%€69.00€34.00€26.003
Sep ’24€20.20
€47.67
+136.0%
32.1%€69.00€34.00€28.503
Aug ’24€21.70
€47.67
+119.7%
32.1%€69.00€34.00€31.303
Jul ’24€23.90
€47.67
+99.4%
32.1%€69.00€34.00€29.603
Jun ’24€21.50
€47.67
+121.7%
32.1%€69.00€34.00€27.403
May ’24€22.80
€47.67
+109.1%
32.1%€69.00€34.00€21.903
Apr ’24€22.60
€46.33
+105.0%
29.0%€65.00€34.00€21.803
Mar ’24€23.30
€42.25
+81.3%
32.2%€65.00€30.00€21.704
Feb ’24€20.10
€42.25
+110.2%
32.2%€65.00€30.00€24.104
Jan ’24€22.40
€42.25
+88.6%
32.2%€65.00€30.00€25.904
Dec ’23€24.10
€42.25
+75.3%
32.2%€65.00€30.00€22.104
Nov ’23€16.00
€39.00
+143.8%
35.3%€60.00€22.00€20.404

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Discover undervalued companies

JEOL

JP¥289.5b

Engages in the research, development, manufacture, and marketing of scientific and metrology instruments, semiconductor and industrial equipment, and medical equipment worldwide.

JEL

JP¥35.00

7D

-0.6%

1Y

-1.1%

UniDevice

€1.8m

Together with its subsidiary, PPA International AG, engages in wholesale of electronic entertainment and communication devices.

UDC

€0.12

7D

0%

1Y

-92.0%

KATEK

€221.7m

Provides electronics value chain services in Germany, Europe, and internationally.

KTEK

€15.10

7D

0%

1Y

1.0%