Elixirr International Valuation

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

ELIX (£7.92) is trading below our estimate of [[fair value]] (£17.48)

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

Valuation Score

6/6

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

Below Fair Value: ELIX (£7.92) is trading below our estimate of fair value (£17.48)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ELIX. This is calculated by dividing ELIX's market cap by their current earnings.
What is ELIX's PE Ratio?
PE Ratio	20.4x
Earnings	UK£18.41m
Market Cap	UK£377.27m

ELIX 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	3.7x
Enterprise Value/EBITDA	14.5x
PEG Ratio	1.3x

Price to Earnings Ratio vs Peers

How does ELIX's PE Ratio compare to its peers?

The above table shows the PE ratio for ELIX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	32.4x
DWF DWF Group	25.4x	47.9%	UK£316.4m
FNTL Fintel	49.3x	34.0%	UK£298.0m
WIL Wilmington	20.4x	7.3%	UK£354.5m
SAG Science Group	34.5x	18.3%	UK£209.8m
ELIX Elixirr International	20.4x	15.2%	UK£377.3m

Price-To-Earnings vs Peers: ELIX is good value based on its Price-To-Earnings Ratio (20.4x) compared to the peer average (34.7x).

Price to Earnings Ratio vs Industry

How does ELIX's PE Ratio compare vs other companies in the GB Professional Services Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap
IBPO iEnergizer	1.7x	n/a	US$140.06m
TEK Tekcapital	1.4x	n/a	US$20.41m

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: ELIX is good value based on its Price-To-Earnings Ratio (20.4x) compared to the UK Professional Services industry average (23.1x).

Price to Earnings Ratio vs Fair Ratio

What is ELIX'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.

ELIX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	20.4x
Fair PE Ratio	20.6x

Price-To-Earnings vs Fair Ratio: ELIX is good value based on its Price-To-Earnings Ratio (20.4x) compared to the estimated Fair Price-To-Earnings Ratio (20.6x).

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 ELIX forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	UK£7.92	UK£9.63 +21.5%	10.0%	UK£10.85	UK£8.50	n/a	3
Nov ’25	UK£6.80	UK£9.63 +41.6%	10.0%	UK£10.85	UK£8.50	n/a	3
Oct ’25	UK£6.45	UK£8.85 +37.2%	9.4%	UK£9.98	UK£8.00	n/a	3
Sep ’25	UK£6.42	UK£8.82 +37.3%	9.8%	UK£9.98	UK£7.90	n/a	3
Aug ’25	UK£5.88	UK£8.82 +49.9%	9.8%	UK£9.98	UK£7.90	n/a	3
Jul ’25	UK£5.60	UK£8.82 +57.4%	9.8%	UK£9.98	UK£7.90	n/a	3
Jun ’25	UK£5.90	UK£8.82 +49.4%	9.8%	UK£9.98	UK£7.90	n/a	3
May ’25	UK£5.70	UK£8.82 +54.7%	9.8%	UK£9.98	UK£7.90	n/a	3
Apr ’25	UK£5.65	UK£8.75 +54.9%	10.7%	UK£9.98	UK£7.70	n/a	3
Mar ’25	UK£5.50	UK£8.75 +59.1%	10.7%	UK£9.98	UK£7.70	n/a	3
Feb ’25	UK£5.38	UK£8.75 +62.8%	10.7%	UK£9.98	UK£7.70	n/a	3
Jan ’25	UK£6.20	UK£8.68 +40.1%	11.7%	UK£9.98	UK£7.50	n/a	3
Dec ’24	UK£4.75	UK£8.55 +80.0%	12.3%	UK£9.98	UK£7.50	n/a	3
Nov ’24	UK£4.55	UK£8.55 +87.9%	12.3%	UK£9.98	UK£7.50	UK£6.80	3
Oct ’24	UK£5.65	UK£8.55 +51.3%	12.3%	UK£9.98	UK£7.50	UK£6.45	3
Sep ’24	UK£5.10	UK£8.55 +67.6%	12.3%	UK£9.98	UK£7.50	UK£6.42	3
Aug ’24	UK£5.23	UK£8.55 +63.6%	12.3%	UK£9.98	UK£7.50	UK£5.88	3
Jul ’24	UK£4.73	UK£8.55 +80.8%	12.3%	UK£9.98	UK£7.50	UK£5.60	3
Jun ’24	UK£4.74	UK£8.55 +80.4%	12.3%	UK£9.98	UK£7.50	UK£5.90	3
May ’24	UK£5.20	UK£8.74 +68.1%	14.2%	UK£9.98	UK£7.50	UK£5.70	2
Apr ’24	UK£4.90	UK£8.55 +74.4%	12.2%	UK£9.59	UK£7.50	UK£5.65	2
Mar ’24	UK£5.20	UK£8.55 +64.3%	12.2%	UK£9.59	UK£7.50	UK£5.50	2
Feb ’24	UK£5.10	UK£8.55 +67.5%	12.2%	UK£9.59	UK£7.50	UK£5.38	2
Jan ’24	UK£5.10	UK£8.55 +67.5%	12.2%	UK£9.59	UK£7.50	UK£6.20	2
Dec ’23	UK£5.10	UK£8.55 +67.5%	12.2%	UK£9.59	UK£7.50	UK£4.75	2
Nov ’23	UK£5.15	UK£8.55 +65.9%	12.2%	UK£9.59	UK£7.50	UK£4.55	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.