Miris Holding Valuation

Q: What is the Fair Price of 9W4 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

9W4 (€0.01) is trading below our estimate of [[fair value]] (€0.14)

Is 9W4 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-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 9W4 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 9W4 (€0.01) is trading below our estimate of fair value (€0.14)

Significantly Below Fair Value: 9W4 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9W4?

Key metric: As 9W4 barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for 9W4. This is calculated by dividing 9W4's market cap by their current book value.
What is 9W4's PB Ratio?
PB Ratio	n/a
Book	SEK 3.22m
Market Cap	SEK 101.85m

9W4 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	5.6x
Enterprise Value/EBITDA	-16.1x
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does 9W4's PB Ratio compare to its peers?

The above table shows the PB ratio for 9W4 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	0.9x
SSS Schulte-Schlagbaum	0.4x	n/a	€10.9m
MBQ Mobotix	0.5x	112.7%	€6.8m
A6T artec technologies	2.3x	34.2%	€5.4m
V6C Viscom	0.5x	111.9%	€27.5m
9W4 Miris Holding	n/a	n/a	€101.9m

Price-To-Book vs Peers: Insufficient data to calculate 9W4's Price-To-Book Ratio vs. peers for valuation analysis.

Price to Book Ratio vs Industry

How does 9W4's PB Ratio compare vs other companies in the DE Electronic Industry?

3 Companies	Price / Book	Estimated Growth	Market Cap

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: Insufficient data to calculate 9W4's Price-To-Book Ratio vs. industry for valuation analysis.

Price to Book Ratio vs Fair Ratio

What is 9W4'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.

9W4 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	n/a
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 9W4'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?

Analyst Forecast: Insufficient data to show price forecast.

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

-0.6%

-1.1%

UniDevice

€1.8m

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

UDC

€0.12

-92.0%

KATEK

€221.7m

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

KTEK

€15.10

1.0%