DATA MODUL Produktion und Vertrieb von elektronischen Systemen Valuation

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

DAM (€28.2) is trading below our estimate of [[fair value]] (€35.87)

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

Below Fair Value: DAM (€28.2) is trading below our estimate of fair value (€35.87)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for DAM. This is calculated by dividing DAM's market cap by their current earnings.
What is DAM's PE Ratio?
PE Ratio	13.1x
Earnings	€7.58m
Market Cap	€103.67m

DAM 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	0.4x
Enterprise Value/EBITDA	6x
PEG Ratio	0.9x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for DAM 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	15.7x
M7U Nynomic	12.2x	17.5%	€116.7m
FEV FORTEC Elektronik	11.5x	14.2%	€59.2m
S9I Stemmer Imaging	29x	23.1%	€358.8m
FEW Funkwerk	10.2x	n/a	€163.6m
DAM DATA MODUL Produktion und Vertrieb von elektronischen Systemen	13.1x	15.3%	€103.7m

Price-To-Earnings vs Peers: DAM is good value based on its Price-To-Earnings Ratio (13.1x) compared to the peer average (15.7x).

Price to Earnings Ratio vs Industry

How does DAM's PE Ratio compare vs other companies in the European Electronic Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: DAM is good value based on its Price-To-Earnings Ratio (13.1x) compared to the European Electronic industry average (17.6x).

Price to Earnings Ratio vs Fair Ratio

What is DAM'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.

DAM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	13.1x
Fair PE Ratio	9.6x

Price-To-Earnings vs Fair Ratio: DAM is expensive based on its Price-To-Earnings Ratio (13.1x) compared to the estimated Fair Price-To-Earnings Ratio (9.6x).

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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