Aplicaciones y Tratamiento de Sistemas Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: ATSI (€3.54) is trading above our estimate of fair value (€0.39)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ATSI. This is calculated by dividing ATSI's market cap by their current earnings.
What is ATSI's PE Ratio?
PE Ratio	24.3x
Earnings	€7.28m
Market Cap	€176.62m

ATSI 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	1x
Enterprise Value/EBITDA	20.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ATSI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	28.5x
SNG Singular People	23.6x	n/a	€128.2m
IZER izertis	61.7x	48.6%	€264.2m
ALC Altia Consultores	20.1x	n/a	€303.4m
DOM Global Dominion Access	8.6x	12.3%	€410.2m
ATSI Aplicaciones y Tratamiento de Sistemas	24.3x	n/a	€176.6m

Price-To-Earnings vs Peers: ATSI is good value based on its Price-To-Earnings Ratio (24.3x) compared to the peer average (28.5x).

Price to Earnings Ratio vs Industry

How does ATSI's PE Ratio compare vs other companies in the European IT Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: ATSI is expensive based on its Price-To-Earnings Ratio (24.3x) compared to the European IT industry average (18.3x).

Price to Earnings Ratio vs Fair Ratio

What is ATSI'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.

ATSI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	24.3x
Fair PE Ratio	n/a

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

Analyst Forecast: Insufficient data to show price forecast.