Electric Guitar PLC

LSE:ELEG Stock Report

Market Cap: UK£1.2m

Electric Guitar Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate ELEG's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ELEG's fair value for valuation analysis.

Key Valuation Metric

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

Key metric: As ELEG is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for ELEG. This is calculated by dividing ELEG's market cap by their current book value.
What is ELEG's PB Ratio?
PB Ratio2.7x
BookUK£454.87k
Market CapUK£1.22m

Price to Book Ratio vs Peers

How does ELEG's PB Ratio compare to its peers?

The above table shows the PB ratio for ELEG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average0.7x
CRES Citius Resources
1.8xn/aUK£1.3m
WSL Worldsec
0.2xn/aUK£1.1m
VELA Vela Technologies
0.2xn/aUK£1.3m
GUN Gunsynd
0.6xn/aUK£1.4m
ELEG Electric Guitar
2.7xn/aUK£1.2m

Price-To-Book vs Peers: ELEG is good value based on its Price-To-Book Ratio (2.7x) compared to the peer average (8.9x).

Price to Book Ratio vs Industry

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

6 CompaniesPrice / BookEstimated GrowthMarket Cap
IX. i(x) Net Zero
0.07xn/aUS$8.94m
TI1 Trian Investors 1
0.006xn/aUS$3.21m
MIL Myanmar Investments International
0.1xn/aUS$1.14m
ASLR Asimilar Group
0.1xn/aUS$878.09k
ELEG 2.7xIndustry Avg. 1.0xNo. of Companies30PB00.81.62.43.24+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: ELEG is expensive based on its Price-To-Book Ratio (2.7x) compared to the UK Capital Markets industry average (0.9x).

Price to Book Ratio vs Fair Ratio

What is ELEG's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ELEG PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio2.7x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate ELEG's Price-To-Book 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

HAL Trust

€10.4b

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

0K9V

€115.60

7D

1.2%

1Y

0.9%

BFF Bank

€1.7b

Provides financial services to suppliers of the national health system and public administration sector in Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, the Slovak Republic, and Spain.

0RON

€8.91

7D

5.8%

1Y

-10.7%

Man Group

UK£2.4b

Man Group Limited is a publicly owned investment manager.

EMGL

UK£2.07

7D

1.2%

1Y

-4.5%