NAXS Valuation

Q: What is the Fair Price of 0OKF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

0OKF (SEK61.81) is trading below our estimate of [[fair value]] (SEK149.27)

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

Below Fair Value: 0OKF (SEK61.81) is trading below our estimate of fair value (SEK149.27)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for 0OKF. This is calculated by dividing 0OKF's market cap by their current earnings.
What is 0OKF's PE Ratio?
PE Ratio	4.2x
Earnings	SEK 180.08m
Market Cap	SEK 728.91m

0OKF 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	2.7x
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 0OKF 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	20.2x
BFSP Blackfinch Spring VCT	12.8x	n/a	UK£44.5m
FEN Frenkel Topping Group	51.9x	47.2%	UK£54.7m
ANIC Agronomics	11.7x	n/a	UK£39.4m
LFI London Finance & Investment Group	4.6x	n/a	UK£19.5m
0OKF NAXS	4.2x	n/a	SEK 728.9m

Price-To-Earnings vs Peers: 0OKF is good value based on its Price-To-Earnings Ratio (4.2x) compared to the peer average (14.6x).

Price to Earnings Ratio vs Industry

How does 0OKF'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$35.28m
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$4.94m

No more companies available in this PE range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 0OKF is good value based on its Price-To-Earnings Ratio (4.2x) compared to the UK Capital Markets industry average (14.9x).

Price to Earnings Ratio vs Fair Ratio

What is 0OKF'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.

0OKF PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	4.2x
Fair PE Ratio	n/a

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

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