Matas A/S

CPSE:MATAS Stock Report

Market Cap: DKK 4.7b

Matas Valuation

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

Below Fair Value: MATAS (DKK124.2) is trading below our estimate of fair value (DKK346.42)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MATAS. This is calculated by dividing MATAS's market cap by their current earnings.
What is MATAS's PE Ratio?
PE Ratio16.2x
EarningsDKK 287.00m
Market CapDKK 4.66b

Price to Earnings Ratio vs Peers

How does MATAS's PE Ratio compare to its peers?

The above table shows the PE ratio for MATAS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average36.5x
4193 Nice One Beauty Digital Marketing
60.9x47.68%ر.س2.1b
3046 JINS HOLDINGS
16.1x9.79%JP¥133.7b
THANGAMAYL Thangamayil Jewellery
55.5x26.76%₹102.0b
MAPA Map Aktif Adiperkasa
13.7x19.77%Rp19.4t
MATAS Matas
16.2x28.51%DKK 4.7b

Price-To-Earnings vs Peers: MATAS is good value based on its Price-To-Earnings Ratio (16.2x) compared to the peer average (36.6x).

Price to Earnings Ratio vs Industry

How does MATAS's PE Ratio compare vs other companies in the European Specialty Retail Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
MATAS 16.2xIndustry Avg. 17.8xNo. of Companies17PE01224364860+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MATAS is good value based on its Price-To-Earnings Ratio (16.2x) compared to the European Specialty Retail industry average (18x).

Price to Earnings Ratio vs Fair Ratio

What is MATAS'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.

MATAS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MATAS's Price-To-Earnings 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?

The above table shows the analyst MATAS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentDKK 124.20
DKK 182.50
+46.94%
1.37%DKK 185.00DKK 180.00n/a2
Dec ’26DKK 119.80
DKK 182.50
+52.34%
1.37%DKK 185.00DKK 180.00n/a2
Nov ’26DKK 128.60
DKK 182.50
+41.91%
1.37%DKK 185.00DKK 180.00n/a2
Oct ’26DKK 130.60
DKK 182.50
+39.74%
1.37%DKK 185.00DKK 180.00n/a2
Sep ’26DKK 133.40
DKK 182.50
+36.81%
1.37%DKK 185.00DKK 180.00n/a2
Aug ’26DKK 132.80
DKK 177.50
+33.66%
1.41%DKK 180.00DKK 175.00n/a2
Feb ’26DKK 138.60
DKK 171.67
+23.86%
3.63%DKK 180.00DKK 165.00n/a3
Jan ’26DKK 135.40
DKK 170.00
+25.55%
2.40%DKK 175.00DKK 165.00n/a3
Dec ’25DKK 125.00
DKK 170.00
+36.00%
2.40%DKK 175.00DKK 165.00DKK 119.803
Nov ’25DKK 127.00
DKK 168.33
+32.55%
1.40%DKK 170.00DKK 165.00DKK 128.603
Oct ’25DKK 123.80
DKK 168.33
+35.97%
1.40%DKK 170.00DKK 165.00DKK 130.603
Sep ’25DKK 125.20
DKK 168.33
+34.45%
1.40%DKK 170.00DKK 165.00DKK 133.403
Aug ’25DKK 119.40
DKK 155.00
+29.82%
4.56%DKK 160.00DKK 145.00DKK 132.803
Jul ’25DKK 120.60
DKK 155.00
+28.52%
4.56%DKK 160.00DKK 145.00DKK 132.603
Jun ’25DKK 118.60
DKK 155.00
+30.69%
4.56%DKK 160.00DKK 145.00DKK 135.203
May ’25DKK 112.20
DKK 150.00
+33.69%
4.71%DKK 160.00DKK 145.00DKK 137.803
Apr ’25DKK 117.00
DKK 150.00
+28.21%
4.71%DKK 160.00DKK 145.00DKK 134.803
Mar ’25DKK 118.00
DKK 150.00
+27.12%
4.71%DKK 160.00DKK 145.00DKK 141.003
Feb ’25DKK 123.00
DKK 150.00
+21.95%
4.71%DKK 160.00DKK 145.00DKK 138.603
Jan ’25DKK 115.40
DKK 136.67
+18.43%
6.90%DKK 150.00DKK 130.00DKK 135.403
Dec ’24DKK 105.00
DKK 136.67
+30.16%
6.90%DKK 150.00DKK 130.00DKK 125.003
DKK 182.5
Fair Value
31.9% undervalued intrinsic discount
2
Number of Analysts

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/25 15:35
End of Day Share Price 2025/12/23 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Matas A/S is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander BorreskovCarnegie Investment Bank AB
Poul JessenDanske Bank
Mads QuistgaardDNB Carnegie