Emak Valuation

Is 0N9O 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 0N9O when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0N9O (€0.88) is trading below our estimate of fair value (€1.27)

Significantly Below Fair Value: 0N9O is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0N9O?

Key metric: As 0N9O is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0N9O. This is calculated by dividing 0N9O's market cap by their current earnings.
What is 0N9O's PE Ratio?
PE Ratio	13.8x
Earnings	€10.46m
Market Cap	€144.44m

0N9O 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	0.6x
Enterprise Value/EBITDA	7.1x
PEG Ratio	0.4x

Price to Earnings Ratio vs Peers

How does 0N9O's PE Ratio compare to its peers?

The above table shows the PE ratio for 0N9O 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	10.4x
SRAD Stelrad Group	11.2x	14.6%	UK£173.2m
IGR IG Design Group	3.7x	n/a	UK£103.9m
TUNE Focusrite	12.8x	-18.3%	UK£151.7m
SPR Springfield Properties	14x	19.6%	UK£105.7m
0N9O Emak	13.8x	35.7%	€143.9m

Price-To-Earnings vs Peers: 0N9O is expensive based on its Price-To-Earnings Ratio (13.8x) compared to the peer average (10.4x).

Price to Earnings Ratio vs Industry

How does 0N9O's PE Ratio compare vs other companies in the European Consumer Durables Industry?

5 Companies	Price / Earnings	Estimated Growth	Market Cap

5 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 0N9O is expensive based on its Price-To-Earnings Ratio (13.8x) compared to the European Consumer Durables industry average (12.4x).

Price to Earnings Ratio vs Fair Ratio

What is 0N9O'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.

0N9O PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	13.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 0N9O's Price-To-Earnings 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.