Kojamo Oyj

LSE:0A0E Stock Report

Market Cap: €2.4b

Kojamo Oyj Valuation

Is 0A0E 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-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 0A0E when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0A0E (€9.63) is trading above our estimate of fair value (€3.56)

Significantly Below Fair Value: 0A0E is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0A0E?

Key metric: As 0A0E is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 0A0E. This is calculated by dividing 0A0E's market cap by their current revenue.
What is 0A0E's PS Ratio?
PS Ratio5.3x
Sales€452.50m
Market Cap€2.38b

Price to Sales Ratio vs Peers

How does 0A0E's PS Ratio compare to its peers?

The above table shows the PS ratio for 0A0E vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.6x
GRI Grainger
5.9x-30.7%UK£1.7b
IWG International Workplace Group
0.6x6.1%UK£1.7b
SRE Sirius Real Estate
5.1x-4.4%UK£1.3b
TPFG Property Franchise Group
6.7x42.4%UK£273.5m
0A0E Kojamo Oyj
5.3x2.1%€2.4b

Price-To-Sales vs Peers: 0A0E is expensive based on its Price-To-Sales Ratio (5.3x) compared to the peer average (4.6x).

Price to Sales Ratio vs Industry

How does 0A0E's PS Ratio compare vs other companies in the GB Real Estate Industry?

10 CompaniesPrice / SalesEstimated GrowthMarket Cap
IWG International Workplace Group
0.6x6.1%US$2.11b
ETLN Etalon Group
0.3x10.5%US$210.89m
WJG Watkin Jones
0.1x1.6%US$67.97m
RAV Raven Property Group
0.1x-0.2%US$23.74m
0A0E 5.3xIndustry Avg. 4.3xNo. of Companies10PS02.44.87.29.612+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 0A0E is expensive based on its Price-To-Sales Ratio (5.3x) compared to the UK Real Estate industry average (3.9x).

Price to Sales Ratio vs Fair Ratio

What is 0A0E'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.

0A0E PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5.3x
Fair PS Ratio6.2x

Price-To-Sales vs Fair Ratio: 0A0E is good value based on its Price-To-Sales Ratio (5.3x) compared to the estimated Fair Price-To-Sales Ratio (6.2x).

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 0A0E forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€9.63
€10.29
+6.8%
7.8%€11.50€8.70n/a7
Nov ’25€9.07
€10.29
+13.4%
6.6%€11.50€9.20n/a7
Oct ’25€10.61
€10.19
-4.0%
8.4%€11.50€9.00n/a7
Sep ’25€9.45
€10.10
+6.9%
9.6%€11.50€8.60n/a7
Aug ’25€9.33
€10.34
+10.8%
10.3%€11.80€9.00n/a7
Jul ’25€9.69
€10.84
+11.9%
14.0%€13.00€9.00n/a7
Jun ’25€10.08
€11.01
+9.3%
13.1%€13.00€9.00n/a7
May ’25€10.66
€11.31
+6.1%
12.8%€13.00€9.00n/a7
Apr ’25€10.98
€11.24
+2.4%
12.4%€13.00€9.00n/a7
Mar ’25€10.42
€11.39
+9.3%
12.4%€13.00€9.00n/a7
Feb ’25€10.80
€11.31
+4.8%
11.6%€13.20€9.00n/a7
Jan ’25€11.95
€10.13
-15.3%
12.5%€12.00€8.80n/a7
Dec ’24€10.15
€9.93
-2.2%
11.6%€11.60€8.40n/a7
Nov ’24€8.09
€9.33
+15.4%
13.4%€11.00€8.00€9.076
Oct ’24€8.51
€9.40
+10.5%
12.6%€11.00€8.00€10.616
Sep ’24€9.13
€9.40
+3.0%
12.6%€11.00€8.00€9.456
Aug ’24€8.80
€10.55
+19.9%
14.9%€13.50€8.80€9.336
Jul ’24€8.67
€10.72
+23.6%
14.6%€13.50€8.80€9.696
Jun ’24€9.39
€11.87
+26.4%
19.5%€16.00€8.70€10.086
May ’24€11.27
€13.02
+15.5%
19.6%€16.60€9.50€10.666
Apr ’24€10.78
€13.02
+20.8%
19.6%€16.60€9.50€10.986
Mar ’24€12.40
€13.62
+9.8%
14.6%€16.60€11.30€10.426
Feb ’24€14.22
€13.63
-4.2%
12.4%€16.00€11.30€10.806
Jan ’24€14.02
€13.17
-6.1%
17.2%€16.00€10.00€11.956
Dec ’23€14.72
€13.37
-9.2%
18.2%€16.00€10.00€10.156
Nov ’23€13.61
€14.73
+8.3%
25.5%€20.00€9.90€8.096

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

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