Dr. Hönle Valuation

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

HNLd (€22.9) is trading above our estimate of [[fair value]] (€22.77)

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

Below Fair Value: HNLd (€22.9) is trading above our estimate of fair value (€22.77)

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

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for HNLd. This is calculated by dividing HNLd's market cap by their current preferred multiple.
What is HNLd's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	€123.06m

HNLd 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	1.4x
Enterprise Value/EBITDA	-34.7x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for HNLd 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	10.3x
DIA Dialight	0.5x	5.1%	UK£72.5m
ROOF Atrato Onsite Energy	19.8x	n/a	UK£96.0m
DWHT Dewhurst Group	1.6x	3.7%	UK£65.0m
IKA Ilika	19.2x	60.0%	UK£40.2m
HNLd Dr. Hönle	1x	7.3%	€123.1m

Price-To-Sales vs Peers: HNLd is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (20.9x).

Price to Earnings Ratio vs Industry

How does HNLd's PE Ratio compare vs other companies in the GB Electrical Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	31.5%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	31.5%
	n/a	n/a	n/a

No more companies

Price-To-Sales vs Industry: HNLd is good value based on its Price-To-Sales Ratio (1x) compared to the UK Electrical industry average (2.2x).

Price to Sales Ratio vs Fair Ratio

What is HNLd'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.

HNLd PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1x
Fair PS Ratio	n/a

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