Stillfront Group AB (publ)

LSE:0A2A Stock Report

Market Cap: SEK 3.7b

Stillfront Group Valuation

Is 0A2A undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0A2A when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0A2A (SEK6.95) is trading below our estimate of fair value (SEK31.81)

Significantly Below Fair Value: 0A2A is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0A2A?

Key metric: As 0A2A is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 0A2A. This is calculated by dividing 0A2A's market cap by their current revenue.
What is 0A2A's PS Ratio?
PS Ratio0.5x
SalesSEK 7.32b
Market CapSEK 3.71b

Price to Sales Ratio vs Peers

How does 0A2A's PS Ratio compare to its peers?

The above table shows the PS ratio for 0A2A vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.1x
TM17 Team17 Group
1.6x2.2%UK£267.1m
DEVO Devolver Digital
1.5x12.1%UK£119.5m
GMR Gaming Realms
4.3x11.6%UK£108.5m
FDEV Frontier Developments
1x2.0%UK£87.3m
0A2A Stillfront Group
0.5x-1.3%SEK 3.7b

Price-To-Sales vs Peers: 0A2A is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (2.1x).


Price to Sales Ratio vs Industry

How does 0A2A's PS Ratio compare vs other companies in the GB Entertainment Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
CINE Cineworld Group
0.002xn/aUS$6.69m
LVCG Live Company Group
0.1xn/aUS$1.37m
GILD Guild Esports
0.06xn/aUS$313.03k
No more companies available in this PS range
0A2A 0.5xIndustry Avg. 1.5xNo. of Companies3PS00.61.21.82.43+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 0A2A is good value based on its Price-To-Sales Ratio (0.5x) compared to the European Entertainment industry average (1.5x).


Price to Sales Ratio vs Fair Ratio

What is 0A2A's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0A2A PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ratio1.1x

Price-To-Sales vs Fair Ratio: 0A2A is good value based on its Price-To-Sales Ratio (0.5x) compared to the estimated Fair Price-To-Sales Ratio (1.1x).


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 0A2A forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 6.95
SEK 11.21
+61.4%
19.3%SEK 14.00SEK 7.50n/a7
Nov ’25SEK 7.41
SEK 11.36
+53.3%
20.3%SEK 14.00SEK 7.50n/a7
Oct ’25SEK 6.59
SEK 12.17
+84.7%
15.6%SEK 14.00SEK 9.50n/a7
Sep ’25SEK 7.64
SEK 12.74
+66.9%
17.2%SEK 16.00SEK 9.50n/a7
Aug ’25SEK 8.77
SEK 12.84
+46.3%
16.1%SEK 16.00SEK 9.50n/a8
Jul ’25SEK 10.25
SEK 14.41
+40.5%
17.9%SEK 20.00SEK 10.50n/a8
Jun ’25SEK 12.50
SEK 16.14
+29.2%
29.2%SEK 27.00SEK 10.50n/a9
May ’25SEK 10.60
SEK 16.36
+54.4%
30.4%SEK 27.00SEK 10.50n/a9
Apr ’25SEK 9.50
SEK 16.51
+73.8%
29.8%SEK 27.00SEK 10.50n/a9
Mar ’25SEK 9.95
SEK 16.62
+67.0%
29.1%SEK 27.00SEK 10.50n/a9
Feb ’25SEK 10.91
SEK 17.29
+58.5%
29.8%SEK 27.00SEK 12.00n/a8
Jan ’25SEK 12.21
SEK 19.83
+62.5%
28.5%SEK 27.00SEK 12.00n/a8
Dec ’24SEK 11.36
SEK 19.83
+74.6%
28.5%SEK 27.00SEK 12.00n/a8
Nov ’24SEK 11.31
SEK 20.58
+81.9%
29.2%SEK 27.00SEK 12.00SEK 7.418
Oct ’24SEK 15.69
SEK 27.38
+74.5%
16.0%SEK 35.00SEK 20.00SEK 6.598
Sep ’24SEK 18.44
SEK 27.11
+47.0%
15.5%SEK 35.00SEK 20.00SEK 7.649
Aug ’24SEK 19.21
SEK 27.11
+41.1%
15.5%SEK 35.00SEK 20.00SEK 8.779
Jul ’24SEK 18.41
SEK 27.50
+49.4%
15.1%SEK 35.00SEK 20.00SEK 10.259
Jun ’24SEK 20.17
SEK 28.25
+40.1%
16.1%SEK 35.00SEK 20.00SEK 12.5010
May ’24SEK 21.70
SEK 27.20
+25.4%
19.1%SEK 35.00SEK 19.50SEK 10.6010
Apr ’24SEK 20.03
SEK 27.50
+37.3%
19.6%SEK 35.00SEK 19.50SEK 9.509
Mar ’24SEK 19.10
SEK 28.75
+50.5%
22.1%SEK 40.00SEK 19.50SEK 9.9510
Feb ’24SEK 18.44
SEK 30.80
+67.1%
29.4%SEK 45.00SEK 20.00SEK 10.9110
Jan ’24SEK 17.52
SEK 34.25
+95.5%
20.8%SEK 45.00SEK 24.00SEK 12.2110
Dec ’23SEK 16.50
SEK 34.25
+107.6%
20.8%SEK 45.00SEK 24.00SEK 11.3610
Nov ’23SEK 21.43
SEK 35.75
+66.8%
20.2%SEK 45.00SEK 24.50SEK 11.3110

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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