Strategic Investments Valuation

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

STRINV (DKK1.08) is trading below our estimate of [[fair value]] (DKK2)

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

Below Fair Value: STRINV (DKK1.08) is trading below our estimate of fair value (DKK2)

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

Key Valuation Metric

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

Key metric: As STRINV is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for STRINV. This is calculated by dividing STRINV's market cap by their current book value.
What is STRINV's PB Ratio?
PB Ratio	1.2x
Book	DKK 372.20m
Market Cap	DKK 430.16m

STRINV 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	-2.9x
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does STRINV's PB Ratio compare to its peers?

The above table shows the PB ratio for STRINV 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	0.8x
NEWCAP Newcap Holding	0.5x	n/a	DKK 12.3m
LUXOR B Investeringsselskabet Luxor	1.2x	n/a	DKK 555.0m
SVE Shareholder Value Beteiligungen	0.7x	n/a	€53.9m
MJE Mayberry Jamaican Equities	0.7x	n/a	JA$11.9b
STRINV Strategic Investments	1.2x	n/a	DKK 430.2m

Price-To-Book vs Peers: STRINV is expensive based on its Price-To-Book Ratio (1.2x) compared to the peer average (0.8x).

Price to Book Ratio vs Industry

How does STRINV's PB Ratio compare vs other companies in the European Capital Markets Industry?

17 Companies	Price / Book	Estimated Growth	Market Cap

17 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: STRINV is expensive based on its Price-To-Book Ratio (1.2x) compared to the European Capital Markets industry average (1.1x).

Price to Book Ratio vs Fair Ratio

What is STRINV'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.

STRINV PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	1.2x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate STRINV'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.