Transtema Group AB

DB:9G8 Stock Report

Market Cap: €56.7m

Transtema Group Valuation

Is 9G8 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 9G8 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 9G8 (€1.28) is trading below our estimate of fair value (€17.32)

Significantly Below Fair Value: 9G8 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9G8?

Key metric: As 9G8 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 9G8. This is calculated by dividing 9G8's market cap by their current earnings.
What is 9G8's PE Ratio?
PE Ratio42.3x
EarningsSEK 15.45m
Market CapSEK 654.30m

Price to Earnings Ratio vs Peers

How does 9G8's PE Ratio compare to its peers?

The above table shows the PE ratio for 9G8 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average42.1x
NFN NFON
65.9x65.6%€84.5m
E4C ecotel communication ag
52x64.5%€48.2m
4347 Broadmedia
40.5x26.9%JP¥10.9b
3934 BENEFIT JAPAN
10xn/aJP¥6.4b
9G8 Transtema Group
42.3x81.6%€654.3m

Price-To-Earnings vs Peers: 9G8 is expensive based on its Price-To-Earnings Ratio (42.3x) compared to the peer average (41.6x).

Price to Earnings Ratio vs Industry

How does 9G8's PE Ratio compare vs other companies in the European Telecom Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
9G8 42.3xIndustry Avg. 18.3xNo. of Companies7PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 9G8 is expensive based on its Price-To-Earnings Ratio (42.3x) compared to the European Telecom industry average (18.3x).

Price to Earnings Ratio vs Fair Ratio

What is 9G8's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

9G8 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio42.3x
Fair PE Ratio46x

Price-To-Earnings vs Fair Ratio: 9G8 is good value based on its Price-To-Earnings Ratio (42.3x) compared to the estimated Fair Price-To-Earnings Ratio (46x).

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 9G8 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€1.28
€2.07
+62.2%
4.2%€2.16€1.98n/a2
Nov ’25€1.25
€2.29
+83.9%
3.8%€2.38€2.20n/a2
Oct ’25€1.24
€2.26
+81.8%
3.8%€2.35€2.17n/a2
Sep ’25€1.37
€2.26
+64.6%
3.8%€2.35€2.17n/a2
Aug ’25€1.37
€2.35
+71.7%
7.4%€2.53€2.18n/a2
May ’25€1.07
€2.61
+142.7%
3.3%€2.69€2.52n/a2
Apr ’25€1.16
€2.67
+130.1%
3.3%€2.76€2.58n/a2
Mar ’25€1.12
€2.67
+138.3%
3.3%€2.76€2.58n/a2
Feb ’25€1.18
€2.60
+120.0%
11.9%€2.90€2.29n/a2
Jan ’25€1.30
€2.78
+114.1%
20.0%€3.33€2.22n/a2
Dec ’24€0.98
€2.78
+183.5%
20.0%€3.33€2.22n/a2
Nov ’24€1.14
€3.42
+198.6%
3.7%€3.54€3.29€1.252
Oct ’24€1.28
€3.42
+166.4%
3.7%€3.54€3.29€1.242
Sep ’24€1.30
€3.42
+161.9%
3.7%€3.54€3.29€1.372
Aug ’24€1.51
€3.93
+160.7%
2.2%€4.02€3.85€1.372
Jul ’24€1.41
€3.93
+178.0%
2.2%€4.02€3.85€1.212
Jun ’24€1.92
€4.65
+141.8%
5.8%€4.92€4.38€1.042
May ’24€2.85
€4.89
+71.7%
1.9%€4.98€4.80€1.072
Apr ’24€2.85
€4.89
+71.3%
1.9%€4.98€4.80€1.162
Mar ’24€3.03
€4.89
+61.2%
1.9%€4.98€4.80€1.122
Feb ’24€3.31
€4.85
+46.2%
0.9%€4.89€4.80€1.182
Jan ’24€2.67
€4.39
+64.4%
13.4%€4.97€3.80€1.302

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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