Implenia Valuation
Is 0QNT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
6/6Valuation Score 6/6
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 0QNT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 0QNT (CHF31.1) is trading below our estimate of fair value (CHF53.95)
Significantly Below Fair Value: 0QNT is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 0QNT?
Other financial metrics that can be useful for relative valuation.
| What is 0QNT's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | CHF 573.55m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.2x |
| Enterprise Value/EBITDA | 5.2x |
| PEG Ratio | -0.4x |
Price to Earnings Ratio vs Peers
How does 0QNT's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 17.8x | ||
KIE Kier Group | 17.7x | 24.9% | UK£711.6m |
RNWH Renew Holdings | 17.3x | 3.3% | UK£845.2m |
GFRD Galliford Try Holdings | 20.7x | 1.8% | UK£299.8m |
SFR Severfield | 15.7x | 18.3% | UK£249.9m |
0QNT Implenia | 4.1x | -11.6% | CHF 573.5m |
Price-To-Earnings vs Peers: 0QNT is good value based on its Price-To-Earnings Ratio (4.1x) compared to the peer average (17.8x).
Price to Earnings Ratio vs Industry
How does 0QNT's PE Ratio compare vs other companies in the European Construction Industry?
Price-To-Earnings vs Industry: 0QNT is good value based on its Price-To-Earnings Ratio (4.1x) compared to the European Construction industry average (13.2x).
Price to Earnings Ratio vs Fair Ratio
What is 0QNT'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 4.1x |
| Fair PE Ratio | 10.5x |
Price-To-Earnings vs Fair Ratio: 0QNT is good value based on its Price-To-Earnings Ratio (4.1x) compared to the estimated Fair Price-To-Earnings Ratio (10.5x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | CHF 31.20 | CHF 38.33 +22.9% | 6.5% | CHF 41.00 | CHF 35.00 | n/a | 3 |
| Jul ’25 | CHF 33.20 | CHF 38.33 +15.5% | 6.5% | CHF 41.00 | CHF 35.00 | n/a | 3 |
| Jun ’25 | CHF 34.10 | CHF 38.33 +12.4% | 6.5% | CHF 41.00 | CHF 35.00 | n/a | 3 |
| May ’25 | CHF 33.75 | CHF 38.33 +13.6% | 6.5% | CHF 41.00 | CHF 35.00 | n/a | 3 |
| Apr ’25 | CHF 32.71 | CHF 37.00 +13.1% | 5.4% | CHF 39.00 | CHF 35.00 | n/a | 2 |
| Mar ’25 | CHF 30.29 | CHF 38.50 +27.1% | 1.3% | CHF 39.00 | CHF 38.00 | n/a | 2 |
| Feb ’25 | CHF 30.45 | CHF 39.50 +29.7% | 3.8% | CHF 41.00 | CHF 38.00 | n/a | 2 |
| Sep ’24 | CHF 31.25 | CHF 45.50 +45.6% | 16.5% | CHF 53.00 | CHF 38.00 | n/a | 2 |
| Aug ’24 | CHF 42.25 | CHF 48.50 +14.8% | 17.5% | CHF 57.00 | CHF 40.00 | n/a | 2 |
| Jul ’24 | CHF 42.95 | CHF 48.50 +12.9% | 17.5% | CHF 57.00 | CHF 40.00 | CHF 33.20 | 2 |
| Jun ’24 | CHF 46.40 | CHF 48.50 +4.5% | 17.5% | CHF 57.00 | CHF 40.00 | CHF 34.10 | 2 |
| Feb ’24 | CHF 39.12 | CHF 38.00 -2.9% | 5.3% | CHF 40.00 | CHF 36.00 | CHF 30.45 | 2 |
| Jan ’24 | CHF 37.66 | CHF 38.00 +0.9% | 5.3% | CHF 40.00 | CHF 36.00 | CHF 30.60 | 2 |
| Dec ’23 | CHF 40.15 | CHF 38.00 -5.4% | 5.3% | CHF 40.00 | CHF 36.00 | CHF 28.20 | 2 |
| Nov ’23 | CHF 38.99 | CHF 30.50 -21.8% | 1.6% | CHF 31.00 | CHF 30.00 | CHF 28.00 | 2 |
| Oct ’23 | CHF 31.61 | CHF 30.50 -3.5% | 1.6% | CHF 31.00 | CHF 30.00 | CHF 30.55 | 2 |
| Sep ’23 | CHF 28.51 | CHF 30.50 +7.0% | 1.6% | CHF 31.00 | CHF 30.00 | CHF 31.25 | 2 |
| Aug ’23 | CHF 25.04 | CHF 25.50 +1.8% | 2.0% | CHF 26.00 | CHF 25.00 | CHF 42.25 | 2 |
| Jul ’23 | CHF 22.05 | CHF 25.50 +15.6% | 2.0% | CHF 26.00 | CHF 25.00 | CHF 42.95 | 2 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.