Hellenic Exchanges - Athens Stock Exchange Valuation

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

0OKR (€4.91) is trading above our estimate of [[fair value]] (€1.25)

Is 0OKR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: 0OKR (€4.91) is trading above our estimate of fair value (€1.25)

Significantly Below Fair Value: 0OKR is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for 0OKR. This is calculated by dividing 0OKR's market cap by their current earnings.
What is 0OKR's PE Ratio?
PE Ratio	29.6x
Earnings	€9.41m
Market Cap	€278.26m

0OKR 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	5.5x
Enterprise Value/EBITDA	21.4x
PEG Ratio	1x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 0OKR 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	29.4x
AQX Aquis Exchange	37.2x	10.6%	UK£187.5m
IHP IntegraFin Holdings	24.1x	9.5%	UK£1.3b
BRK Brooks Macdonald Group	42.2x	28.0%	UK£272.7m
GSEO VH Global Sustainable Energy Opportunities	14.2x	n/a	UK£270.7m
0OKR Hellenic Exchanges - Athens Stock Exchange	29.6x	29.5%	€278.3m

Price-To-Earnings vs Peers: 0OKR is expensive based on its Price-To-Earnings Ratio (29.6x) compared to the peer average (16.3x).

Price to Earnings Ratio vs Industry

How does 0OKR's PE Ratio compare vs other companies in the GB Capital Markets Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap
PNIX Phoenix Digital Assets	1.1x	n/a	US$32.43m
IX. i(x) Net Zero	0.1x	n/a	US$8.94m
APQ APQ Global	0.4x	n/a	US$5.78m

No more companies available in this PE range

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 0OKR is expensive based on its Price-To-Earnings Ratio (29.6x) compared to the UK Capital Markets industry average (14.9x).

Price to Earnings Ratio vs Fair Ratio

What is 0OKR'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.

0OKR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	29.6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 0OKR'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£64.5m

Provides microfinancing services in Africa and Asia.

ASAI

UK£0.65

-7.9%

76.7%

HAL Trust

€10.3b

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

0K9V

€114.20

0.7%

3.0%

Man Group

UK£2.4b

Man Group Limited is a publicly owned investment manager.

EMGL

UK£2.07

2.4%

-2.2%