Teract Valuation

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

Below Fair Value: TRACT (€0.7) is trading below our estimate of fair value (€2.85)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for TRACT. This is calculated by dividing TRACT's market cap by their current revenue.
What is TRACT's PS Ratio?
PS Ratio	0.06x
Sales	€911.50m
Market Cap	€51.23m

TRACT 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	0.6x
Enterprise Value/EBITDA	17x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for TRACT 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	0.4x
ALMRB Mr.Bricolage	0.3x	-0.4%	€79.2m
ALBOU Bourrelier Group	0.9x	n/a	€279.3m
SAMS Samse	0.3x	5.0%	€498.7m
ALLDL Groupe LDLC société anonyme	0.1x	3.6%	€61.0m
TRACT Teract	0.06x	n/a	€51.2m

Price-To-Sales vs Peers: TRACT is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.4x).

Price to Sales Ratio vs Industry

How does TRACT's PS Ratio compare vs other companies in the FR Specialty Retail Industry?

3 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	0.4x	4.7%
TRACT Teract	0.06x	n/a	US$53.88m
FNAC Fnac Darty	0.1x	2.2%	US$800.83m
ALSPT Spartoo SAS	0.06x	1.8%	US$7.69m

No more companies available in this PS range

3 Companies		Estimated Growth	Market Cap
Industry Avg.	0.4x	58.2%
TRACT Teract	0.06x	n/a	US$53.88m

No more companies

Price-To-Sales vs Industry: TRACT is good value based on its Price-To-Sales Ratio (0.1x) compared to the European Specialty Retail industry average (0.4x).

Price to Sales Ratio vs Fair Ratio

What is TRACT'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.

TRACT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.06x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate TRACT's Price-To-Sales 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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