Techstep Valuation

Is B1T0 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 B1T0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: B1T0 (€1.01) is trading above our estimate of fair value (€0.99)

Significantly Below Fair Value: B1T0 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for B1T0?

Key metric: As B1T0 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for B1T0. This is calculated by dividing B1T0's market cap by their current revenue.
What is B1T0's PS Ratio?
PS Ratio0.4x
SalesNOK 1.05b
Market CapNOK 438.69m

Price to Sales Ratio vs Peers

How does B1T0's PS Ratio compare to its peers?

The above table shows the PS ratio for B1T0 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.4x
HYI Hyrican Informationssysteme
1xn/a€25.7m
M3BK Pyramid
0.3x8.8%€22.1m
C3RY Cherry
0.1x1.8%€15.4m
SC8 Secanda
0.2xn/a€6.6m
B1T0 Techstep
0.4xn/a€438.7m

Price-To-Sales vs Peers: B1T0 is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (0.4x).


Price to Sales Ratio vs Industry

How does B1T0's PS Ratio compare vs other companies in the European Tech Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
B1T0 0.4xIndustry Avg. 0.7xNo. of Companies8PS00.61.21.82.43+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: B1T0 is good value based on its Price-To-Sales Ratio (0.4x) compared to the European Tech industry average (0.7x).


Price to Sales Ratio vs Fair Ratio

What is B1T0'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.

B1T0 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate B1T0's Price-To-Sales 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