Law Debenture Valuation

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

LWDBL (£8.88) is trading above our estimate of [[fair value]] (£5.29)

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

Below Fair Value: LWDBL (£8.88) is trading above our estimate of fair value (£5.29)

Significantly Below Fair Value: LWDBL is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for LWDBL. This is calculated by dividing LWDBL's market cap by their current earnings.
What is LWDBL's PE Ratio?
PE Ratio	8.3x
Earnings	UK£140.61m
Market Cap	UK£1.17b

LWDBL 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	6.5x
Enterprise Value/EBITDA	8.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for LWDBL 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	11.9x
ASHM Ashmore Group	12.4x	-4.9%	UK£1.2b
BBGI BBGI Global Infrastructure	16.2x	n/a	UK£893.6m
N91 Ninety One Group	9.3x	6.1%	UK£1.4b
OCI Oakley Capital Investments	9.7x	n/a	UK£852.1m
LWDBL Law Debenture	8.3x	n/a	UK£1.2b

Price-To-Earnings vs Peers: LWDBL is good value based on its Price-To-Earnings Ratio (8.3x) compared to the peer average (11.9x).

Price to Earnings Ratio vs Industry

How does LWDBL's PE Ratio compare vs other companies in the GB Capital Markets Industry?

4 Companies	Price / Earnings	Estimated Growth	Market Cap
PNIX Phoenix Digital Assets	1.2x	n/a	US$35.25m
IX. i(x) Net Zero	0.1x	n/a	US$8.94m
APQ APQ Global	0.4x	n/a	US$5.78m
MAFL Mineral & Financial Investments	1.9x	n/a	US$4.82m

No more companies available in this PE range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: LWDBL is good value based on its Price-To-Earnings Ratio (8.3x) compared to the UK Capital Markets industry average (12.3x).

Price to Earnings Ratio vs Fair Ratio

What is LWDBL'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.

LWDBL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.3x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate LWDBL'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.

Discover undervalued companies

ASA International Group

UK£64.3m

Provides microfinancing services in Africa and Asia.

ASAI

UK£0.64

0.8%

25.7%

HAL Trust

€10.5b

Operates through multi-sectors in Europe, the United States, Canada, Asia, and internationally.

0K9V

€116.00

1.6%

2.8%

Man Group

UK£2.4b

Man Group Limited is a publicly owned investment manager.

EMGL

UK£2.08

1.1%

-2.8%