Komax Holding AG

LSE:0QKL Stock Report

Market Cap: CHF 565.0m

Komax Holding Valuation

Is 0QKL 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-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0QKL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0QKL (CHF110.8) is trading below our estimate of fair value (CHF179.28)

Significantly Below Fair Value: 0QKL is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0QKL?

Key metric: As 0QKL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0QKL. This is calculated by dividing 0QKL's market cap by their current earnings.
What is 0QKL's PE Ratio?
PE Ratio99.2x
EarningsCHF 5.70m
Market CapCHF 564.98m

Price to Earnings Ratio vs Peers

How does 0QKL's PE Ratio compare to its peers?

The above table shows the PE ratio for 0QKL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.8x
GDWN Goodwin
30xn/aUK£507.6m
JDG Judges Scientific
45x25.3%UK£571.2m
LSC London Security
17.4xn/aUK£398.4m
MGAM Morgan Advanced Materials
10.6x11.3%UK£735.5m
0QKL Komax Holding
99.2x56.3%CHF 565.0m

Price-To-Earnings vs Peers: 0QKL is expensive based on its Price-To-Earnings Ratio (99.2x) compared to the peer average (25.8x).

Price to Earnings Ratio vs Industry

How does 0QKL's PE Ratio compare vs other companies in the European Machinery Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0QKL 99.2xIndustry Avg. 17.4xNo. of Companies28PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0QKL is expensive based on its Price-To-Earnings Ratio (99.2x) compared to the European Machinery industry average (17.5x).

Price to Earnings Ratio vs Fair Ratio

What is 0QKL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0QKL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio99.2x
Fair PE Ratio40.4x

Price-To-Earnings vs Fair Ratio: 0QKL is expensive based on its Price-To-Earnings Ratio (99.2x) compared to the estimated Fair Price-To-Earnings Ratio (40.4x).

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 0QKL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 110.80
CHF 156.25
+41.0%
20.9%CHF 180.00CHF 100.00n/a4
Nov ’25CHF 111.40
CHF 162.50
+45.9%
13.5%CHF 180.00CHF 125.00n/a4
Oct ’25CHF 118.60
CHF 162.00
+36.6%
12.1%CHF 180.00CHF 125.00n/a5
Sep ’25CHF 132.40
CHF 163.00
+23.1%
12.4%CHF 180.00CHF 125.00n/a5
Aug ’25CHF 135.60
CHF 163.00
+20.2%
12.4%CHF 180.00CHF 125.00n/a5
Jul ’25CHF 131.80
CHF 163.00
+23.7%
12.4%CHF 180.00CHF 125.00n/a5
Jun ’25CHF 164.80
CHF 198.00
+20.1%
12.8%CHF 220.00CHF 160.00n/a5
May ’25CHF 159.20
CHF 194.52
+22.2%
12.6%CHF 220.00CHF 160.00n/a6
Apr ’25CHF 175.04
CHF 204.52
+16.8%
9.9%CHF 220.00CHF 175.00n/a6
Mar ’25CHF 164.62
CHF 204.52
+24.2%
9.9%CHF 220.00CHF 175.00n/a6
Feb ’25CHF 165.38
CHF 207.02
+25.2%
8.3%CHF 220.00CHF 177.10n/a6
Jan ’25CHF 199.91
CHF 247.85
+24.0%
19.1%CHF 300.00CHF 177.10n/a6
Dec ’24CHF 191.20
CHF 247.85
+29.6%
19.1%CHF 300.00CHF 177.10n/a6
Nov ’24CHF 180.02
CHF 247.85
+37.7%
19.1%CHF 300.00CHF 177.10CHF 111.406
Oct ’24CHF 211.00
CHF 255.50
+21.1%
14.9%CHF 300.00CHF 190.00CHF 118.606
Sep ’24CHF 218.01
CHF 262.50
+20.4%
13.5%CHF 300.00CHF 190.00CHF 132.406
Aug ’24CHF 212.52
CHF 271.67
+27.8%
15.3%CHF 315.00CHF 190.00CHF 135.606
Jul ’24CHF 230.02
CHF 281.67
+22.5%
15.8%CHF 320.00CHF 190.00CHF 131.806
Jun ’24CHF 234.98
CHF 281.67
+19.9%
15.8%CHF 320.00CHF 190.00CHF 164.806
May ’24CHF 234.73
CHF 281.67
+20.0%
15.8%CHF 320.00CHF 190.00CHF 159.206
Apr ’24CHF 255.63
CHF 284.17
+11.2%
16.5%CHF 330.00CHF 190.00CHF 175.046
Mar ’24CHF 297.50
CHF 299.67
+0.7%
17.2%CHF 350.00CHF 190.00CHF 164.626
Feb ’24CHF 301.17
CHF 298.33
-0.9%
17.2%CHF 350.00CHF 190.00CHF 165.386
Jan ’24CHF 257.47
CHF 282.00
+9.5%
16.5%CHF 320.00CHF 190.00CHF 199.915
Dec ’23CHF 256.13
CHF 282.00
+10.1%
16.5%CHF 320.00CHF 190.00CHF 191.205
Nov ’23CHF 232.71
CHF 282.40
+21.4%
16.6%CHF 320.00CHF 190.00CHF 180.025

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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