Pantheon Infrastructure Valuation

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

PINTL (£0.97) is trading below our estimate of [[fair value]] (£1.39)

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: PINTL (£0.97) is trading below our estimate of fair value (£1.39)

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

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for PINTL. This is calculated by dividing PINTL's market cap by their current preferred multiple.
What is PINTL's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	UK£442.13m

PINTL 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	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PINTL 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	23.8x
GHE Gresham House	31.5x	16.4%	UK£444.6m
TAM Tatton Asset Management	30.4x	14.5%	UK£395.0m
POLN Pollen Street Group	9.6x	3.1%	UK£446.6m
ORIT Octopus Renewables Infrastructure Trust	23.9x	n/a	UK£440.8m
PINTL Pantheon Infrastructure	5.7x	n/a	UK£442.1m

Price-To-Earnings vs Peers: PINTL is good value based on its Price-To-Earnings Ratio (5.7x) compared to the peer average (21.6x).

Price to Earnings Ratio vs Industry

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

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	18.7%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	18.7%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: PINTL is good value based on its Price-To-Earnings Ratio (5.7x) compared to the UK Capital Markets industry average (12.9x).

Price to Earnings Ratio vs Fair Ratio

What is PINTL'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.

PINTL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	5.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PINTL'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?

The above table shows the analyst PINTL 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£0.97	UK£1.04 +7.4%	9.5%	UK£1.15	UK£0.91	n/a	3
Sep ’25	UK£0.80	UK£1.04 +30.3%	9.5%	UK£1.15	UK£0.91	n/a	3
Aug ’25	UK£0.85	UK£1.04 +22.9%	9.5%	UK£1.15	UK£0.91	n/a	3
Jul ’25	UK£0.81	UK£1.04 +28.1%	9.5%	UK£1.15	UK£0.91	n/a	3
Jun ’25	UK£0.79	UK£1.04 +31.6%	9.5%	UK£1.15	UK£0.91	n/a	3
May ’25	UK£0.81	UK£1.04 +28.1%	9.5%	UK£1.15	UK£0.91	n/a	3
Apr ’25	UK£0.74	UK£1.11 +48.9%	4.1%	UK£1.15	UK£1.06	n/a	2
Jan ’25	UK£0.84	UK£1.11 +31.5%	4.1%	UK£1.15	UK£1.06	n/a	2
Oct ’24	UK£0.77	UK£1.08 +38.9%	7.0%	UK£1.15	UK£1.00	UK£0.89	2
Sep ’24	UK£0.76	UK£1.08 +41.8%	7.0%	UK£1.15	UK£1.00	UK£0.80	2
Aug ’24	UK£0.83	UK£1.08 +29.8%	7.0%	UK£1.15	UK£1.00	UK£0.85	2
Jul ’24	UK£0.81	UK£1.08 +33.4%	7.0%	UK£1.15	UK£1.00	UK£0.81	2
Jun ’24	UK£0.90	UK£1.08 +19.3%	7.0%	UK£1.15	UK£1.00	UK£0.79	2
May ’24	UK£0.85	UK£1.08 +27.1%	7.0%	UK£1.15	UK£1.00	UK£0.81	2
Apr ’24	UK£0.84	UK£1.08 +28.0%	7.0%	UK£1.15	UK£1.00	UK£0.74	2
Mar ’24	UK£0.90	UK£1.08 +19.0%	7.0%	UK£1.15	UK£1.00	UK£0.80	2
Feb ’24	UK£0.95	UK£1.08 +12.9%	7.0%	UK£1.15	UK£1.00	UK£0.85	2
Jan ’24	UK£0.93	UK£1.08 +15.6%	7.0%	UK£1.15	UK£1.00	UK£0.84	2

Analyst Forecast: Target price is less than 20% higher than the current share price.