Enapter AG

BATS-CHIXE:H2OD Stock Report

Market Cap: €119.7m

Enapter Valuation

Is H2OD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 H2OD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate H2OD's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate H2OD's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for H2OD?

Key metric: As H2OD is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for H2OD. This is calculated by dividing H2OD's market cap by their current revenue.
What is H2OD's PS Ratio?
PS Ratio3.1x
Sales€38.26m
Market Cap€119.66m

Price to Sales Ratio vs Peers

How does H2OD's PS Ratio compare to its peers?

The above table shows the PS ratio for H2OD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average10.8x
IES Invinity Energy Systems
5.9x61.5%UK£51.8m
ITM ITM Power
12.9x38.8%UK£213.7m
SAE SIMEC Atlantis Energy
1x26.8%UK£13.7m
ROOF Atrato Onsite Energy
23.6xn/aUK£114.0m
H2OD Enapter
3.1x42.2%€119.7m

Price-To-Sales vs Peers: H2OD is good value based on its Price-To-Sales Ratio (3.1x) compared to the peer average (5.3x).

Price to Sales Ratio vs Industry

How does H2OD's PS Ratio compare vs other companies in the GB Electrical Industry?

12 CompaniesPrice / SalesEstimated GrowthMarket Cap
DSCV discoverIE Group
1.4x2.8%US$759.40m
VLX Volex
0.6x6.7%US$658.20m
XPP XP Power
1.1x3.2%US$377.18m
LUCE Luceco
0.9x8.2%US$251.50m
No. of Companies12PS0612182430+
12 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: H2OD is expensive based on its Price-To-Sales Ratio (3.1x) compared to the UK Electrical industry average (1.8x).

Price to Sales Ratio vs Fair Ratio

What is H2OD'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.

H2OD PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate H2OD'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.

Discover undervalued companies

Senior

UK£577.4m

Designs, manufactures, and sells high-technology components and systems for the principal original equipment manufacturers in the aerospace, defense, land vehicle, and power and energy markets in the United States, the United Kingdom, and internationally.

SNR

UK£1.41

7D

-1.3%

1Y

-18.5%

Aalberts

€3.7b

Offers mission-critical technologies for aerospace, automotive, building, and maritime sectors.

0NX1

€34.40

7D

-0.9%

1Y

-2.2%

Rieter Holding

CHF 384.1m

Supplies systems for manufacturing yarn from staple fibers in spinning mills in Switzerland and internationally.

0QKA

CHF 87.30

7D

-0.9%

1Y

1.2%