Ambu Valuation

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

AMBUBC (DKK111.75) is trading below our estimate of [[fair value]] (DKK117.36)

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

Below Fair Value: AMBUBC (DKK111.75) is trading below our estimate of fair value (DKK117.36)

Significantly Below Fair Value: AMBUBC is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for AMBUBC. This is calculated by dividing AMBUBC's market cap by their current earnings.
What is AMBUBC's PE Ratio?
PE Ratio	121.5x
Earnings	DKK 235.00m
Market Cap	DKK 28.56b

AMBUBC 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	5.3x
Enterprise Value/EBITDA	35.5x
PEG Ratio	4.5x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for AMBUBC 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	30.2x
SN. Smith & Nephew	35.6x	22.7%	UK£8.6b
NIOX NIOX Group	22.4x	15.8%	UK£246.7m
EKF EKF Diagnostics Holdings	23.8x	n/a	UK£113.9m
CTEC ConvaTec Group	38.8x	20.2%	UK£4.7b
AMBUBC Ambu	121.5x	27.0%	DKK 28.6b

Price-To-Earnings vs Peers: AMBUBC is expensive based on its Price-To-Earnings Ratio (121.5x) compared to the peer average (30.2x).

Price to Earnings Ratio vs Industry

How does AMBUBC's PE Ratio compare vs other companies in the European Medical Equipment Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: AMBUBC is expensive based on its Price-To-Earnings Ratio (121.5x) compared to the European Medical Equipment industry average (29.5x).

Price to Earnings Ratio vs Fair Ratio

What is AMBUBC'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.

AMBUBC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	121.5x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AMBUBC'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 AMBUBC 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	n/a	DKK 127.63 0%	18.5%	DKK 160.00	DKK 76.00	n/a	7
Dec ’25	DKK 111.75	DKK 127.63 +14.2%	18.5%	DKK 160.00	DKK 76.00	n/a	7
Nov ’25	DKK 129.30	DKK 128.67 -0.5%	18.5%	DKK 145.00	DKK 76.00	n/a	6
Oct ’25	n/a	DKK 125.50 0%	19.1%	DKK 145.00	DKK 76.00	n/a	6
Sep ’25	DKK 142.23	DKK 126.40 -11.1%	21.9%	DKK 160.00	DKK 76.00	n/a	5
Aug ’25	DKK 136.60	DKK 117.00 -14.3%	25.0%	DKK 138.00	DKK 59.00	n/a	5
Jul ’25	n/a	DKK 117.00 0%	25.0%	DKK 138.00	DKK 59.00	n/a	5
Jun ’25	n/a	DKK 111.20 0%	24.9%	DKK 138.00	DKK 59.00	n/a	5
May ’25	n/a	DKK 107.20 0%	26.4%	DKK 130.00	DKK 52.00	n/a	5
Apr ’25	DKK 112.43	DKK 107.20 -4.6%	26.4%	DKK 130.00	DKK 52.00	n/a	5
Mar ’25	n/a	DKK 107.20 0%	26.4%	DKK 130.00	DKK 52.00	n/a	5
Feb ’25	n/a	DKK 105.00 0%	26.7%	DKK 130.00	DKK 52.00	n/a	5
Jan ’25	n/a	DKK 85.67 0%	26.2%	DKK 115.00	DKK 47.00	n/a	6
Dec ’24	DKK 94.37	DKK 85.67 -9.2%	26.2%	DKK 115.00	DKK 47.00	DKK 111.75	6
Nov ’24	n/a	DKK 89.40 0%	28.2%	DKK 120.00	DKK 53.00	DKK 129.30	5
Oct ’24	n/a	DKK 95.60 0%	25.6%	DKK 120.00	DKK 53.00	n/a	5
Sep ’24	n/a	DKK 96.00 0%	25.3%	DKK 120.00	DKK 53.00	DKK 142.23	5
Aug ’24	n/a	DKK 101.80 0%	27.0%	DKK 135.00	DKK 59.00	DKK 136.60	5
Jul ’24	n/a	DKK 102.60 0%	26.9%	DKK 135.00	DKK 59.00	n/a	5
Jun ’24	DKK 108.60	DKK 102.60 -5.5%	26.9%	DKK 135.00	DKK 59.00	n/a	5
May ’24	DKK 107.95	DKK 101.60 -5.9%	28.4%	DKK 135.00	DKK 55.00	n/a	5
Apr ’24	n/a	DKK 96.25 0%	30.8%	DKK 135.00	DKK 55.00	DKK 112.43	4
Mar ’24	n/a	DKK 104.60 0%	30.2%	DKK 140.00	DKK 55.00	n/a	5
Feb ’24	DKK 97.64	DKK 87.80 -10.1%	20.6%	DKK 110.00	DKK 65.00	n/a	5
Jan ’24	n/a	DKK 83.40 0%	19.5%	DKK 110.00	DKK 65.00	n/a	5
Dec ’23	DKK 91.44	DKK 83.20 -9.0%	19.8%	DKK 110.00	DKK 64.00	DKK 94.37	5

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

Discover undervalued companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 10:49
End of Day Share Price	2024/11/27 00:00
Earnings	2024/09/30
Annual Earnings	2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ambu A/S is covered by 16 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Michael Healy	Berenberg
Alexander Berglund	BofA Global Research
Lars Topholm	Carnegie Investment Bank AB