Loihde Oyj

HLSE:LOIHDE Stock Report

Market Cap: €61.2m

Loihde Oyj Valuation

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

Below Fair Value: LOIHDE (€10.7) is trading below our estimate of fair value (€21.48)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for LOIHDE. This is calculated by dividing LOIHDE's market cap by their current earnings.
What is LOIHDE's PE Ratio?
PE Ratio33.2x
Earnings€1.84m
Market Cap€61.23m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for LOIHDE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.4x
LEMON Lemonsoft Oyj
24.6x11.7%€119.5m
ADMCM Admicom Oyj
41.2x20.5%€232.1m
FSECURE F-Secure Oyj
15.8x16.0%€329.1m
IFA1V Innofactor Oyj
20.3xn/a€60.7m
LOIHDE Loihde Oyj
33.2x40.6%€61.2m

Price-To-Earnings vs Peers: LOIHDE is expensive based on its Price-To-Earnings Ratio (33.2x) compared to the peer average (25.4x).

Price to Earnings Ratio vs Industry

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

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
LOIHDE 33.2xIndustry Avg. 28.1xNo. of Companies20PE020406080100+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LOIHDE is expensive based on its Price-To-Earnings Ratio (33.2x) compared to the European Software industry average (28.1x).

Price to Earnings Ratio vs Fair Ratio

What is LOIHDE'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.

LOIHDE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio33.2x
Fair PE Ratio19.9x

Price-To-Earnings vs Fair Ratio: LOIHDE is expensive based on its Price-To-Earnings Ratio (33.2x) compared to the estimated Fair Price-To-Earnings Ratio (19.9x).

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 LOIHDE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€10.70
€12.10
+13.1%
0.8%€12.20€12.00n/a2
Nov ’25€10.70
€12.10
+13.1%
0.8%€12.20€12.00n/a2
Oct ’25€11.45
€12.35
+7.9%
1.2%€12.50€12.20n/a2
Sep ’25€11.85
€12.35
+4.2%
1.2%€12.50€12.20n/a2
Aug ’25€11.65
€12.40
+6.4%
4.8%€13.00€11.80n/a2
Jul ’25€12.40
€12.40
0%
4.8%€13.00€11.80n/a2
Jun ’25€12.40
€12.40
0%
4.8%€13.00€11.80n/a2
May ’25€13.85
€12.25
-11.6%
6.1%€13.00€11.50n/a2
Apr ’25€14.10
€12.25
-13.1%
6.1%€13.00€11.50n/a2
Mar ’25€13.50
€12.90
-4.4%
4.7%€13.50€12.30n/a2
Feb ’25€12.75
€13.25
+3.9%
1.9%€13.50€13.00n/a2
Jan ’25€12.05
€13.25
+10.0%
1.9%€13.50€13.00n/a2
Dec ’24€12.40
€13.25
+6.9%
1.9%€13.50€13.00n/a2
Oct ’24€12.75
€14.90
+16.9%
0.7%€15.00€14.80€11.452
Sep ’24€12.30
€14.90
+21.1%
0.7%€15.00€14.80€11.852
Aug ’24€13.05
€14.90
+14.2%
0.7%€15.00€14.80€11.652
Jul ’24€12.70
€14.90
+17.3%
0.7%€15.00€14.80€12.402
Jun ’24€13.95
€14.90
+6.8%
0.7%€15.00€14.80€12.402
May ’24€15.50
€15.75
+1.6%
4.8%€16.50€15.00€13.852
Apr ’24€16.65
€15.50
-6.9%
3.2%€16.00€15.00€14.102

Analyst Forecast: Target price is less than 20% higher than the current share price.

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