Exel Composites Oyj

HLSE:EXL1V Stock Report

Market Cap: €29.9m

Exel Composites Oyj Valuation

Is EXL1V undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 EXL1V when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EXL1V (€0.28) is trading below our estimate of fair value (€0.63)

Significantly Below Fair Value: EXL1V is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EXL1V?

Key metric: As EXL1V is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for EXL1V. This is calculated by dividing EXL1V's market cap by their current revenue.
What is EXL1V's PS Ratio?
PS Ratio0.3x
Sales€96.61m
Market Cap€29.87m

Price to Sales Ratio vs Peers

How does EXL1V's PS Ratio compare to its peers?

The above table shows the PS ratio for EXL1V vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.3x
CTH1V Componenta
0.3x12.8%€26.9m
ELEAV Elecster Oyj
0.4xn/a€12.4m
GLA1V Glaston Oyj Abp
0.3x5.5%€65.2m
RAUTE Raute Oyj
0.4x-1.3%€74.1m
EXL1V Exel Composites Oyj
0.3x6.3%€29.9m

Price-To-Sales vs Peers: EXL1V is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (0.3x).

Price to Sales Ratio vs Industry

How does EXL1V's PS Ratio compare vs other companies in the European Machinery Industry?

35 CompaniesPrice / SalesEstimated GrowthMarket Cap
EXL1V 0.3xIndustry Avg. 0.9xNo. of Companies64PS00.81.62.43.24+
35 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: EXL1V is good value based on its Price-To-Sales Ratio (0.3x) compared to the European Machinery industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is EXL1V'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.

EXL1V PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ratio0.7x

Price-To-Sales vs Fair Ratio: EXL1V is good value based on its Price-To-Sales Ratio (0.3x) compared to the estimated Fair Price-To-Sales Ratio (0.7x).

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 EXL1V forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.28
€0.36
+32.7%
4.1%€0.38€0.35n/a2
Nov ’25€0.34
€0.36
+8.6%
4.1%€0.38€0.35n/a2
Oct ’25€0.39
€0.39
+0.5%
2.6%€0.40€0.38n/a2
Sep ’25€0.40
€0.39
-2.5%
2.6%€0.40€0.38n/a2
Aug ’25€0.29
€0.39
+32.2%
2.6%€0.40€0.38n/a2
Jul ’25€0.30
€0.39
+30.4%
2.6%€0.40€0.38n/a2
Jun ’25€0.31
€0.39
+27.0%
2.6%€0.40€0.38n/a2
May ’25€1.64
€1.70
+4.0%
5.9%€1.80€1.60n/a2
Feb ’25€2.48
€2.60
+4.8%
3.8%€2.70€2.50n/a2
Jan ’25€2.54
€2.60
+2.4%
3.8%€2.70€2.50n/a2
Dec ’24€2.60
€2.60
0%
3.8%€2.70€2.50n/a2
Nov ’24€2.70
€2.75
+1.9%
9.1%€3.00€2.50€0.342
Aug ’24€3.55
€4.40
+23.9%
2.3%€4.50€4.30€0.292
Jul ’24€3.64
€4.40
+20.9%
2.3%€4.50€4.30€0.302
Jun ’24€3.95
€4.40
+11.4%
2.3%€4.50€4.30€0.312
May ’24€4.70
€5.90
+25.5%
1.7%€6.00€5.80€1.642
Apr ’24€4.66
€5.90
+26.6%
1.7%€6.00€5.80€2.102
Mar ’24€4.92
€5.90
+19.9%
1.7%€6.00€5.80€2.022
Feb ’24€5.40
€6.25
+15.7%
4.0%€6.50€6.00€2.482
Jan ’24€5.42
€6.25
+15.3%
4.0%€6.50€6.00€2.542
Dec ’23€5.44
€6.25
+14.9%
4.0%€6.50€6.00€2.602
Nov ’23€5.32
€7.25
+36.3%
17.2%€8.50€6.00€2.702

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.

Discover undervalued companies

Kesla Oyj

€11.7m

An engineering company, develops, manufactures, sells, and markets forest technology and material handling solutions in Finland and internationally.

KELAS

€3.48

7D

0%

1Y

-20.9%

KH Group Oyj

€32.4m

A conglomerate, operates in B2B products and services, and consumer trade sectors.

KHG

€0.56

7D

-1.1%

1Y

-26.3%

SRV Yhtiöt Oyj

€84.7m

A construction company, engages in the development, construction, and commercialization of various projects in Finland, Russia, and Estonia.

SRV1V

€5.00

7D

2.7%

1Y

28.9%