PowerFleet, Inc.

DB:3LO Stock Report

Market Cap: €901.8m

PowerFleet Valuation

Is 3LO 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 3LO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3LO (€6.25) is trading below our estimate of fair value (€14.79)

Significantly Below Fair Value: 3LO is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3LO?

Key metric: As 3LO is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 3LO. This is calculated by dividing 3LO's market cap by their current revenue.
What is 3LO's PS Ratio?
PS Ratio4.2x
SalesUS$221.07m
Market CapUS$939.12m

Price to Sales Ratio vs Peers

How does 3LO's PS Ratio compare to its peers?

The above table shows the PS ratio for 3LO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.7x
JEN Jenoptik
1.1x4.4%€1.2b
S9I Stemmer Imaging
3x11.3%€344.5m
LPK LPKF Laser & Electronics
1.6x11.6%€210.5m
BKHT Brockhaus Technologies
1.1x13.7%€245.5m
3LO PowerFleet
4.2x29.7%€939.1m

Price-To-Sales vs Peers: 3LO is expensive based on its Price-To-Sales Ratio (4.2x) compared to the peer average (1.7x).

Price to Sales Ratio vs Industry

How does 3LO's PS Ratio compare vs other companies in the DE Electronic Industry?

4 CompaniesPrice / SalesEstimated GrowthMarket Cap
SCE Schweizer Electronic
0.08x4.3%US$11.85m
UDC UniDevice
0.004x4.6%US$1.94m
7PF0 Syncro Group
0.02xn/aUS$341.17k
UDC UniDevice
0.0004xn/aUS$157.67k
No more companies available in this PS range
3LO 4.2xIndustry Avg. 0.9xNo. of Companies4PS00.40.81.21.62+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 3LO is expensive based on its Price-To-Sales Ratio (4.2x) compared to the European Electronic industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is 3LO'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.

3LO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.2x
Fair PS Ratio2.5x

Price-To-Sales vs Fair Ratio: 3LO is expensive based on its Price-To-Sales Ratio (4.2x) compared to the estimated Fair Price-To-Sales Ratio (2.5x).

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 3LO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€6.45
€9.76
+51.4%
29.2%€14.40€6.72n/a6
Nov ’25€4.46
€8.16
+83.0%
23.1%€11.79€6.35n/a6
Oct ’25€4.26
€8.06
+89.3%
23.1%€11.65€6.27n/a6
Sep ’25€4.28
€7.74
+80.9%
17.2%€9.83€6.25n/a6
Aug ’25€3.98
€7.94
+99.6%
18.9%€10.28€6.54n/a6
Jul ’25€4.16
€7.94
+90.9%
18.9%€10.28€6.54n/a6
Jun ’25€4.78
€7.53
+57.5%
14.9%€9.22€6.45n/a6
May ’25€4.18
€7.90
+88.9%
15.3%€9.37€6.56n/a7
Apr ’25€4.40
€7.45
+69.3%
14.9%€9.31€6.52n/a7
Mar ’25€2.80
€5.87
+109.7%
27.7%€8.13€3.61n/a4
Feb ’25€2.82
€5.87
+108.3%
27.7%€8.13€3.61n/a4
Jan ’25€2.82
€5.87
+108.3%
27.7%€8.13€3.61n/a4
Dec ’24€2.08
€6.10
+193.1%
27.7%€8.44€3.75n/a4
Nov ’24€1.71
€6.15
+259.9%
27.7%€8.52€3.79€4.464
Oct ’24€1.91
€6.10
+219.1%
27.7%€8.44€3.75€4.264
Sep ’24€2.22
€5.93
+167.1%
27.7%€8.21€3.65€4.284
Aug ’24€2.48
€6.04
+143.7%
19.5%€7.75€4.56€3.984
Jul ’24€2.60
€6.04
+132.4%
19.5%€7.75€4.56€4.164
Jun ’24€2.88
€6.04
+109.8%
19.5%€7.75€4.56€4.784
May ’24€2.48
€6.46
+160.5%
18.1%€7.99€4.70€4.184
Apr ’24€2.82
€6.46
+129.1%
18.1%€7.99€4.70€4.404
Mar ’24€2.70
€6.70
+148.2%
16.1%€7.94€4.96€2.804
Feb ’24€2.70
€6.70
+148.2%
16.1%€7.94€4.96€2.824
Jan ’24€2.40
€6.70
+179.2%
16.1%€7.94€4.96€2.824
Dec ’23€2.66
€6.70
+151.9%
16.1%€7.94€4.96€2.084
Nov ’23€2.66
€6.01
+126.0%
12.1%€6.87€4.91€1.714

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%

1Y

-0.6%

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%