KATEK Valuation

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

Below Fair Value: KTEK (€19.6) is trading below our estimate of fair value (€152.65)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for KTEK. This is calculated by dividing KTEK's market cap by their current revenue.
What is KTEK's PS Ratio?
PS Ratio	0.4x
Sales	€792.30m
Market Cap	€284.58m

KTEK 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	0.5x
Enterprise Value/EBITDA	15.9x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for KTEK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	1.6x
DAM DATA MODUL Produktion und Vertrieb von elektronischen Systemen	0.4x	6.0%	€93.8m
LPK LPKF Laser & Electronics	1.6x	10.8%	€214.7m
S9I Stemmer Imaging	3.1x	11.3%	€347.1m
BKHT Brockhaus Technologies	1.1x	13.7%	€254.9m
KTEK KATEK	0.4x	n/a	€284.6m

Price-To-Sales vs Peers: KTEK is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (1.6x).

Price to Sales Ratio vs Industry

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

4 Companies	Price / Sales	Estimated Growth	Market Cap
SCE Schweizer Electronic	0.07x	4.3%	US$10.45m
UDC UniDevice	0.004x	4.6%	US$1.94m
7PF0 Syncro Group	0.02x	n/a	US$221.19k
UDC UniDevice	0.0005x	n/a	US$158.07k

No more companies available in this PS range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: KTEK is good value based on its Price-To-Sales Ratio (0.4x) compared to the European Electronic industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is KTEK'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.

KTEK PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.4x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate KTEK'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.