Ovaro Kiinteistösijoitus Oyj Valuation

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

OVARO (€3.35) is trading above our estimate of [[fair value]] (€0.26)

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

Below Fair Value: OVARO (€3.35) is trading above our estimate of fair value (€0.26)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for OVARO. This is calculated by dividing OVARO's market cap by their current revenue.
What is OVARO's PS Ratio?
PS Ratio	2.6x
Sales	€10.61m
Market Cap	€27.76m

OVARO 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	3.2x
Enterprise Value/EBITDA	5.7x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for OVARO 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	3.7x
INVEST Investors House Oyj	3.1x	3.7%	€32.7m
ASUNTO Asuntosalkku Oyj	4.7x	-0.02%	€76.5m
CTY1S Citycon Oyj	2x	2.0%	€610.3m
KOJAMO Kojamo Oyj	5x	2.1%	€2.3b
OVARO Ovaro Kiinteistösijoitus Oyj	2.6x	-41.7%	€27.8m

Price-To-Sales vs Peers: OVARO is good value based on its Price-To-Sales Ratio (2.6x) compared to the peer average (3.7x).

Price to Sales Ratio vs Industry

How does OVARO's PS Ratio compare vs other companies in the European Real Estate Industry?

63 Companies	Price / Sales	Estimated Growth	Market Cap

63 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: OVARO is good value based on its Price-To-Sales Ratio (2.6x) compared to the European Real Estate industry average (4.9x).

Price to Sales Ratio vs Fair Ratio

What is OVARO'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.

OVARO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	2.6x
Fair PS Ratio	1.9x

Price-To-Sales vs Fair Ratio: OVARO is expensive based on its Price-To-Sales Ratio (2.6x) compared to the estimated Fair Price-To-Sales Ratio (1.9x).

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.