Pallas Air Oyj Valuation

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

Below Fair Value: Insufficient data to calculate PALLAS's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate PALLAS's fair value for valuation analysis.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for PALLAS. This is calculated by dividing PALLAS's market cap by their current revenue.
What is PALLAS's PS Ratio?
PS Ratio	0.2x
Sales	€7.08m
Market Cap	€1.22m

PALLAS 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	1.4x
Enterprise Value/EBITDA	-4.2x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for PALLAS 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	0.3x
ELEAV Elecster Oyj	0.4x	n/a	€12.6m
CTH1V Componenta	0.3x	12.8%	€26.8m
EXL1V Exel Composites Oyj	0.3x	6.3%	€29.3m
GLA1V Glaston Oyj Abp	0.3x	5.5%	€63.9m
PALLAS Pallas Air Oyj	0.2x	9.1%	€1.2m

Price-To-Sales vs Peers: PALLAS is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.3x).

Price to Sales Ratio vs Industry

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

35 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	0.9x	3.7%
PALLAS Pallas Air Oyj	0.2x	9.1%	US$1.28m

35 Companies		Estimated Growth	Market Cap
Industry Avg.	0.9x	10.0%
PALLAS Pallas Air Oyj	0.2x	n/a	US$1.28m

No more companies

Price-To-Sales vs Industry: PALLAS is good value based on its Price-To-Sales Ratio (0.2x) compared to the European Machinery industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is PALLAS'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.

PALLAS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.2x
Fair PS Ratio	0.3x

Price-To-Sales vs Fair Ratio: PALLAS is good value based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (0.3x).

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.

Discover undervalued companies

Exel Composites Oyj

€29.3m

Manufactures and sells composite profiles and tubes made with pultrusion, pull-winding, and continuous lamination processes in Europe, North America, the Asia Pacific, and internationally.

EXL1V

€0.28

-5.2%

-89.7%

Kesla Oyj

€11.5m

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

KELAS

€3.40

-0.6%

-22.7%

KH Group Oyj

€32.2m

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

KHG

€0.55

-3.1%

-26.2%