Toivo Group Oyj Valuation

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

Below Fair Value: TOIVO (€0.99) is trading below our estimate of fair value (€3)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for TOIVO. This is calculated by dividing TOIVO's market cap by their current revenue.
What is TOIVO's PS Ratio?
PS Ratio	1.4x
Sales	€42.66m
Market Cap	€57.84m

TOIVO 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	3x
Enterprise Value/EBITDA	22.4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for TOIVO 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	4x
ASUNTO Asuntosalkku Oyj	4.7x	-0.02%	€76.5m
INVEST Investors House Oyj	3.2x	3.7%	€33.6m
OVARO Ovaro Kiinteistösijoitus Oyj	3.9x	-17.9%	€28.1m
EDIP Edip Gayrimenkul Yatirim Sanayi ve Ticaret	4.2x	n/a	₺1.6b
TOIVO Toivo Group Oyj	1.4x	13.8%	€57.8m

Price-To-Sales vs Peers: TOIVO is good value based on its Price-To-Sales Ratio (1.4x) compared to the peer average (4x).

Price to Sales Ratio vs Industry

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

62 Companies	Price / Sales	Estimated Growth	Market Cap

62 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: TOIVO is good value based on its Price-To-Sales Ratio (1.4x) compared to the European Real Estate industry average (4.9x).

Price to Sales Ratio vs Fair Ratio

What is TOIVO'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.

TOIVO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.4x
Fair PS Ratio	1.3x

Price-To-Sales vs Fair Ratio: TOIVO is expensive based on its Price-To-Sales Ratio (1.4x) compared to the estimated Fair Price-To-Sales Ratio (1.3x).

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.