HydrogenPro ASA

BATS-CHIXE:HYPROO Stock Report

Market Cap: NOK 750.3m

HydrogenPro Valuation

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

Below Fair Value: HYPROO (NOK13.06) is trading below our estimate of fair value (NOK336.22)

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


Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for HYPROO. This is calculated by dividing HYPROO's market cap by their current revenue.
What is HYPROO's PS Ratio?
PS Ratio1.5x
SalesNOK 488.90m
Market CapNOK 750.30m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for HYPROO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.4x
HMSG HMS Hydraulic Machines & Systems Group
0.08x4.0%US$81.1m
MCON Mincon Group
0.7x6.7%UK£78.6m
RNO Renold
0.4x5.5%UK£95.5m
TRI Trifast
0.5x4.1%UK£106.5m
HYPROO HydrogenPro
1.5x45.5%NOK 750.3m

Price-To-Sales vs Peers: HYPROO is expensive based on its Price-To-Sales Ratio (1.5x) compared to the peer average (0.7x).


Price to Sales Ratio vs Industry

How does HYPROO's PS Ratio compare vs other companies in the GB Machinery Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
HMSG HMS Hydraulic Machines & Systems Group
0.08x4.0%US$81.11m
HARL Harland & Wolff Group Holdings
0.2xn/aUS$19.39m
SIXH 600 Group
0.1xn/aUS$4.32m
No more companies available in this PS range
No. of Companies5PS012345+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: HYPROO is good value based on its Price-To-Sales Ratio (1.5x) compared to the UK Machinery industry average (2x).


Price to Sales Ratio vs Fair Ratio

What is HYPROO'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.

HYPROO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.5x
Fair PS Ration/a

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