LPKF Laser & Electronics SE

XTRA:LPK Stock Report

Market Cap: €209.5m

LPKF Laser & Electronics Valuation

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

Below Fair Value: LPK (€8.52) is trading above our estimate of fair value (€6.69)

Significantly Below Fair Value: LPK is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for LPK. This is calculated by dividing LPK's market cap by their current revenue.
What is LPK's PS Ratio?
PS Ratio1.6x
Sales€132.96m
Market Cap€209.52m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for LPK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.4x
BSL Basler
0.9x10.4%€165.1m
S9I Stemmer Imaging
2.7x9.4%€347.1m
8UG Q-Free
1.1xn/a€110.4m
M7U Nynomic
1x8.9%€110.1m
LPK LPKF Laser & Electronics
1.6x11.6%€209.5m

Price-To-Sales vs Peers: LPK is expensive based on its Price-To-Sales Ratio (1.6x) compared to the peer average (1.4x).

Price to Sales Ratio vs Industry

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

5 CompaniesPrice / SalesEstimated GrowthMarket Cap
SCE Schweizer Electronic
0.08x4.3%US$14.10m
IS7 InTiCa Systems
0.1x7.0%US$8.43m
UDC UniDevice
0.004x4.6%US$1.94m
7PF0 Syncro Group
0.04xn/aUS$453.01k
LPK 1.6xIndustry Avg. 0.9xNo. of Companies5PS00.40.81.21.62+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: LPK is expensive based on its Price-To-Sales Ratio (1.6x) compared to the European Electronic industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is LPK'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.

LPK PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.6x
Fair PS Ratio1.9x

Price-To-Sales vs Fair Ratio: LPK is good value based on its Price-To-Sales Ratio (1.6x) compared to the estimated Fair Price-To-Sales Ratio (1.9x).

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 LPK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€8.52
€11.38
+33.5%
10.5%€13.00€10.00n/a4
Nov ’25€8.66
€11.38
+31.4%
10.5%€13.00€10.00n/a4
Oct ’25€8.70
€11.75
+35.1%
11.1%€13.00€10.00n/a4
Sep ’25€8.32
€11.75
+41.2%
11.1%€13.00€10.00n/a4
Aug ’25€8.43
€12.05
+42.9%
13.7%€14.20€10.00n/a4
Jul ’25€8.18
€12.05
+47.3%
13.7%€14.20€10.00n/a4
Jun ’25€8.03
€12.68
+57.8%
17.8%€15.50€10.00n/a4
May ’25€7.81
€12.68
+62.3%
17.8%€15.50€10.00n/a4
Apr ’25€8.02
€13.00
+62.1%
19.4%€15.50€10.00n/a4
Mar ’25€8.62
€14.25
+65.3%
13.2%€15.50€11.00n/a4
Feb ’25€9.03
€13.48
+49.3%
17.0%€15.50€10.40n/a5
Jan ’25€9.95
€14.10
+41.8%
15.2%€15.50€10.40n/a4
Dec ’24€9.64
€14.10
+46.3%
15.2%€15.50€10.40n/a4
Nov ’24€7.00
€14.10
+101.6%
15.2%€15.50€10.40€8.664
Oct ’24€7.11
€15.35
+116.0%
23.3%€20.50€10.40€8.704
Sep ’24€7.42
€15.35
+106.9%
23.3%€20.50€10.40€8.324
Aug ’24€8.00
€15.35
+92.0%
23.3%€20.50€10.40€8.434
Jul ’24€8.38
€15.73
+87.8%
25.1%€21.50€10.40€8.184
Jun ’24€9.00
€15.73
+74.7%
25.1%€21.50€10.40€8.034
May ’24€9.83
€15.73
+60.1%
25.1%€21.50€10.40€7.814
Apr ’24€9.27
€15.73
+69.6%
25.1%€21.50€10.40€8.024
Mar ’24€11.90
€17.73
+48.9%
26.7%€23.00€10.40€8.624
Feb ’24€11.86
€17.73
+49.5%
26.7%€23.00€10.40€9.034
Jan ’24€9.67
€17.73
+83.3%
26.7%€23.00€10.40€9.954
Dec ’23€10.40
€17.58
+69.0%
24.2%€23.00€10.40€9.645
Nov ’23€9.99
€17.58
+76.1%
24.2%€23.00€10.40€7.005

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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