HusCompagniet Valuation

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

Below Fair Value: HUSCO (DKK60.4) is trading above our estimate of fair value (DKK14.54)

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

Key Valuation Metric

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

Key metric: As HUSCO is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for HUSCO. This is calculated by dividing HUSCO's market cap by their current revenue.
What is HUSCO's PS Ratio?
PS Ratio	0.6x
Sales	DKK 2.16b
Market Cap	DKK 1.30b

HUSCO 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	0.7x
Enterprise Value/EBITDA	24.6x
PEG Ratio	2.2x

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for HUSCO 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	0.4x
BO Bang & Olufsen	0.4x	9.1%	DKK 1.1b
TCM TCM Group	0.6x	5.4%	DKK 693.3m
GABR Gabriel Holding	0.5x	8.0%	DKK 434.7m
ALHEX Hexaom	0.2x	-10.2%	€172.7m
HUSCO HusCompagniet	0.6x	21.4%	DKK 1.3b

Price-To-Sales vs Peers: HUSCO is expensive based on its Price-To-Sales Ratio (0.6x) compared to the peer average (0.4x).

Price to Sales Ratio vs Industry

How does HUSCO's PS Ratio compare vs other companies in the European Consumer Durables Industry?

13 Companies	Price / Sales	Estimated Growth	Market Cap

13 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: HUSCO is good value based on its Price-To-Sales Ratio (0.6x) compared to the European Consumer Durables industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is HUSCO'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.

HUSCO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.6x
Fair PS Ratio	0.8x

Price-To-Sales vs Fair Ratio: HUSCO is good value based on its Price-To-Sales Ratio (0.6x) compared to the estimated Fair Price-To-Sales Ratio (0.8x).

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 HUSCO forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	DKK 60.40	DKK 75.00 +24.2%	5.4%	DKK 80.00	DKK 70.00	n/a	3
Nov ’25	DKK 63.80	DKK 76.33 +19.6%	2.5%	DKK 79.00	DKK 75.00	n/a	3
Oct ’25	DKK 66.60	DKK 75.67 +13.6%	3.3%	DKK 79.00	DKK 73.00	n/a	3
Sep ’25	DKK 67.80	DKK 68.67 +1.3%	11.0%	DKK 75.00	DKK 58.00	n/a	3
Aug ’25	DKK 57.60	DKK 59.50 +3.3%	7.6%	DKK 64.00	DKK 55.00	n/a	2
Jul ’25	DKK 55.20	DKK 59.50 +7.8%	7.6%	DKK 64.00	DKK 55.00	n/a	2
Jun ’25	DKK 59.80	DKK 56.50 -5.5%	13.3%	DKK 64.00	DKK 49.00	n/a	2
May ’25	DKK 54.40	DKK 56.50 +3.9%	13.3%	DKK 64.00	DKK 49.00	n/a	2
Apr ’25	DKK 53.20	DKK 50.50 -5.1%	3.0%	DKK 52.00	DKK 49.00	n/a	2
Mar ’25	DKK 44.00	DKK 49.50 +12.5%	5.1%	DKK 52.00	DKK 47.00	n/a	2
Feb ’25	DKK 47.65	DKK 52.00 +9.1%	9.6%	DKK 57.00	DKK 47.00	n/a	2
Jan ’25	DKK 46.50	DKK 52.00 +11.8%	9.6%	DKK 57.00	DKK 47.00	n/a	2
Dec ’24	DKK 43.70	DKK 52.00 +19.0%	9.6%	DKK 57.00	DKK 47.00	n/a	2
Nov ’24	DKK 40.65	DKK 68.00 +67.3%	11.8%	DKK 76.00	DKK 60.00	DKK 63.80	2
Oct ’24	DKK 48.05	DKK 78.00 +62.3%	2.6%	DKK 80.00	DKK 76.00	DKK 66.60	2
Sep ’24	DKK 52.40	DKK 78.00 +48.9%	2.6%	DKK 80.00	DKK 76.00	DKK 67.80	2
Aug ’24	DKK 55.80	DKK 76.50 +37.1%	0.7%	DKK 77.00	DKK 76.00	DKK 57.60	2
Jul ’24	DKK 58.60	DKK 76.50 +30.5%	0.7%	DKK 77.00	DKK 76.00	DKK 55.20	2
Jun ’24	DKK 58.70	DKK 71.00 +21.0%	7.0%	DKK 76.00	DKK 66.00	DKK 59.80	2
May ’24	DKK 54.20	DKK 55.50 +2.4%	18.9%	DKK 66.00	DKK 45.00	DKK 54.40	2
Apr ’24	DKK 46.85	DKK 52.50 +12.1%	14.3%	DKK 60.00	DKK 45.00	DKK 53.20	2
Mar ’24	DKK 50.00	DKK 50.00 0%	20.0%	DKK 60.00	DKK 40.00	DKK 44.00	2
Feb ’24	DKK 44.60	DKK 50.00 +12.1%	20.0%	DKK 60.00	DKK 40.00	DKK 47.65	2
Jan ’24	DKK 41.00	DKK 42.50 +3.7%	5.9%	DKK 45.00	DKK 40.00	DKK 46.50	2
Dec ’23	DKK 47.00	DKK 42.50 -9.6%	5.9%	DKK 45.00	DKK 40.00	DKK 43.70	2
Nov ’23	DKK 47.00	DKK 42.50 -9.6%	5.9%	DKK 45.00	DKK 40.00	DKK 40.65	2

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.