We’ve recently updated our valuation analysis.

Targetspot Valuation

Is ALTGS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

ALTGS 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/Revenue0.8x
Enterprise Value/EBITDA-3x
PEG Ration/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for ALTGS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average4x
ALPLA Erold
0.5xn/a€2.5m
ALENT SA Entreparticuliers.com
8.3xn/a€7.9m
ALDNX DNXCorp
1xn/a€21.3m
PRC Artmarket.com
6xn/a€46.9m
ALTGS Targetspot
0.1x14.3%€3.5m

Price-To-Sales vs Peers: ALTGS is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (4x).


Price to Earnings Ratio vs Industry

How does ALTGS's PE Ratio compare vs other companies in the European Interactive Media and Services Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a20.7%
n/an/an/a

Price-To-Sales vs Industry: ALTGS is good value based on its Price-To-Sales Ratio (0.1x) compared to the European Interactive Media and Services industry average (2.1x)


Price to Sales Ratio vs Fair Ratio

What is ALTGS'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.

ALTGS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.1x
Fair PS Ratio0.2x

Price-To-Sales vs Fair Ratio: ALTGS is good value based on its Price-To-Sales Ratio (0.1x) compared to the estimated Fair Price-To-Sales Ratio (0.2x).


Share Price vs Fair Value

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

Below Fair Value: ALTGS (€0.27) is trading below our estimate of fair value (€0.95)

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


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 ALTGS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.27
€3.10
+1,048.1%
0%€3.10€3.10n/a1
Nov ’23€0.29
€2.30
+695.8%
34.8%€3.10€1.50n/a2
Oct ’23€0.70
€3.05
+335.7%
1.6%€3.10€3.00n/a2
Sep ’23€0.99
€3.05
+208.1%
1.6%€3.10€3.00n/a2
Aug ’23€1.20
€3.05
+154.2%
1.6%€3.10€3.00n/a2
Jul ’23€1.13
€5.05
+348.9%
8.9%€5.50€4.60n/a2
Jun ’23€1.48
€5.05
+242.4%
8.9%€5.50€4.60n/a2
May ’23€2.12
€5.05
+138.2%
8.9%€5.50€4.60n/a2
Apr ’23€2.37
€5.60
+136.3%
10.7%€6.20€5.00n/a2
Mar ’23€2.80
€5.60
+100.0%
10.7%€6.20€5.00n/a2
Feb ’23€3.24
€5.60
+72.8%
10.7%€6.20€5.00n/a2
Jan ’23€3.32
€5.60
+68.7%
10.7%€6.20€5.00n/a2
Dec ’22€3.00
€5.60
+86.7%
10.7%€6.20€5.00n/a2
Nov ’22€3.70
€5.60
+51.4%
10.7%€6.20€5.00€0.292
Oct ’22€3.33
€5.90
+77.2%
5.1%€6.20€5.60€0.702
Sep ’22€3.61
€5.90
+63.4%
5.1%€6.20€5.60€0.992
Aug ’22€3.55
€5.90
+66.2%
5.1%€6.20€5.60€1.202
Jul ’22€3.07
€5.90
+92.2%
5.1%€6.20€5.60€1.132
Jun ’22€3.16
€5.90
+86.7%
5.1%€6.20€5.60€1.482
May ’22€3.10
€5.90
+90.3%
5.1%€6.20€5.60€2.122
Apr ’22€3.59
€6.45
+79.7%
8.5%€7.00€5.90€2.372
Mar ’22€3.32
€6.45
+94.3%
8.5%€7.00€5.90€2.802
Feb ’22€3.22
€6.45
+100.3%
8.5%€7.00€5.90€3.242
Jan ’22€3.68
€6.45
+75.3%
8.5%€7.00€5.90€3.322
Dec ’21€3.50
€5.90
+68.6%
0%€5.90€5.90€3.001
Nov ’21€3.84
€5.90
+53.6%
0%€5.90€5.90€3.701

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


Discover undervalued companies