Innofactor Oyj Valuation

Q: What is the Fair Price of IFA1V when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

IFA1V (€1.7) is trading below our estimate of [[fair value]] (€6.91)

Is IFA1V 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-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 IFA1V when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: IFA1V (€1.7) is trading below our estimate of fair value (€6.91)

Significantly Below Fair Value: IFA1V is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for IFA1V?

Key metric: As IFA1V is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for IFA1V. This is calculated by dividing IFA1V's market cap by their current earnings.
What is IFA1V's PE Ratio?
PE Ratio	20.4x
Earnings	€2.98m
Market Cap	€60.66m

IFA1V 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	0.8x
Enterprise Value/EBITDA	11.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does IFA1V's PE Ratio compare to its peers?

The above table shows the PE ratio for IFA1V 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	28.1x
TEM1V Tecnotree Oyj	3.6x	10.5%	€47.8m
HEEROS Heeros Oyj	39.4x	n/a	€29.0m
QTCOM Qt Group Oyj	36.6x	21.8%	€1.7b
LOIHDE Loihde Oyj	32.9x	40.6%	€60.7m
IFA1V Innofactor Oyj	20.4x	n/a	€60.7m

Price-To-Earnings vs Peers: IFA1V is good value based on its Price-To-Earnings Ratio (20.4x) compared to the peer average (28.1x).

Price to Earnings Ratio vs Industry

How does IFA1V's PE Ratio compare vs other companies in the European Software Industry?

6 Companies	Price / Earnings	Estimated Growth	Market Cap

6 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: IFA1V is good value based on its Price-To-Earnings Ratio (20.4x) compared to the European Software industry average (28.1x).

Price to Earnings Ratio vs Fair Ratio

What is IFA1V'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.

IFA1V PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	20.4x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate IFA1V'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.

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