Orapi Valuation

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

Below Fair Value: ORAP (€6.46) is trading above our estimate of fair value (€1.12)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for ORAP. This is calculated by dividing ORAP's market cap by their current revenue.
What is ORAP's PS Ratio?
PS Ratio	0.2x
Sales	€226.34m
Market Cap	€42.08m

ORAP 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	0.5x
Enterprise Value/EBITDA	34.2x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for ORAP 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	1.5x
ALKEM Groupe Berkem Société anonyme	1x	10.3%	€54.0m
ALBKK Baikowski	1.6x	n/a	€60.9m
ALGAE Fermentalg	3.2x	45.6%	€25.4m
SEFER SergeFerrari Group	0.2x	3.7%	€66.8m
ORAP Orapi	0.2x	1.6%	€42.1m

Price-To-Sales vs Peers: ORAP is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (1.5x).

Price to Sales Ratio vs Industry

How does ORAP's PS Ratio compare vs other companies in the FR Chemicals Industry?

4 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	1.0x	5.0%
ORAP Orapi	0.2x	1.6%	US$44.11m
SEFER SergeFerrari Group	0.2x	3.7%	US$70.05m
PVL Plastiques du Val de Loire	0.03x	-1.9%	US$27.73m

4 Companies		Estimated Growth	Market Cap
Industry Avg.	1.0x	11.8%
ORAP Orapi	0.2x	129.2%	US$44.11m

No more companies

Price-To-Sales vs Industry: ORAP is good value based on its Price-To-Sales Ratio (0.2x) compared to the European Chemicals industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is ORAP'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.

ORAP PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.2x
Fair PS Ratio	0.4x

Price-To-Sales vs Fair Ratio: ORAP is good value based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (0.4x).

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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