UBM Development Valuation

Is 0GD5 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 0GD5 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€54.05
Fair Value
63.9% undervalued intrinsic discount
5
Number of Analysts

Below Fair Value: 0GD5 (€19.5) is trading below our estimate of fair value (€54.05)

Significantly Below Fair Value: 0GD5 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0GD5?

Key metric: As 0GD5 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 0GD5. This is calculated by dividing 0GD5's market cap by their current revenue.
What is 0GD5's PS Ratio?
PS Ratio1.4x
Sales€106.24m
Market Cap€144.21m

Price to Sales Ratio vs Peers

How does 0GD5's PS Ratio compare to its peers?

The above table shows the PS ratio for 0GD5 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.3x
FPO First Property Group
2.4xn/aUK£18.8m
WINK M Winkworth
2.5x7.4%UK£26.5m
LSL LSL Property Services
1.7x6.7%UK£296.2m
PSDL Phoenix Spree Deutschland
6.8x-13.9%UK£160.2m
0GD5 UBM Development
1.4x21.3%€144.2m

Price-To-Sales vs Peers: 0GD5 is good value based on its Price-To-Sales Ratio (1.4x) compared to the peer average (3.3x).


Price to Sales Ratio vs Industry

How does 0GD5's PS Ratio compare vs other companies in the GB Real Estate Industry?

11 CompaniesPrice / SalesEstimated GrowthMarket Cap
SVS Savills
0.5x4.8%US$1.67b
ETLN Etalon Group
0.3x10.5%US$210.89m
WJG Watkin Jones
0.2x8.1%US$105.63m
GR1T Grit Real Estate Income Group
0.6xn/aUS$43.95m
0GD5 1.4xIndustry Avg. 3.3xNo. of Companies11PS02.44.87.29.612+
11 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 0GD5 is good value based on its Price-To-Sales Ratio (1.4x) compared to the UK Real Estate industry average (3.3x).


Price to Sales Ratio vs Fair Ratio

What is 0GD5'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.

0GD5 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 0GD5's Price-To-Sales 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 0GD5 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€19.50
€27.75
+42.3%
9.8%€30.75€23.00n/a5
Apr ’26€20.20
€27.95
+38.4%
8.5%€30.75€24.00n/a5
Mar ’26€19.15
€28.94
+51.1%
5.2%€30.75€27.00n/a4
Feb ’26n/a
€28.94
0%
5.2%€30.75€27.00n/a4
Jan ’26n/a
€28.94
0%
5.2%€30.75€27.00n/a4
Dec ’25n/a
€28.94
0%
5.2%€30.75€27.00n/a4
Nov ’25n/a
€29.13
0%
6.0%€31.50€27.00n/a4
Oct ’25n/a
€29.17
0%
5.7%€31.50€28.00n/a3
Sep ’25n/a
€28.40
0%
2.0%€29.20€28.00n/a3
Aug ’25n/a
€27.73
0%
4.8%€29.20€26.00n/a3
Jul ’25n/a
€28.40
0%
6.1%€30.00€26.00n/a3
Jun ’25n/a
€28.40
0%
6.1%€30.00€26.00n/a3
May ’25€18.65
€28.53
+53.0%
6.3%€30.00€26.00€19.503
Apr ’25€18.80
€28.40
+51.1%
6.1%€30.00€26.00€20.203
Mar ’25€21.10
€29.73
+40.9%
1.3%€30.00€29.20€19.153
Feb ’25€22.40
€29.73
+32.7%
1.3%€30.00€29.20n/a3
Jan ’25€20.73
€29.73
+43.4%
1.3%€30.00€29.20n/a3
Dec ’24€20.50
€30.23
+47.5%
3.2%€31.50€29.20n/a3
Nov ’24€20.20
€31.53
+56.1%
1.2%€32.00€31.10n/a3
Oct ’24€21.00
€32.03
+52.5%
2.8%€33.50€31.10n/a4
Sep ’24€21.50
€33.65
+56.5%
7.9%€38.00€31.10n/a4
Aug ’24€24.50
€37.63
+53.6%
6.6%€40.00€33.50n/a4
Jul ’24€26.20
€37.63
+43.6%
6.6%€40.00€33.50n/a4
Jun ’24€26.10
€37.90
+45.2%
6.0%€40.00€33.50n/a5
May ’24€29.67
€37.78
+27.3%
5.9%€40.00€33.50€18.655
AnalystConsensusTarget
Consensus Narrative from 5 Analysts
€28.04
Fair Value
30.5% undervalued intrinsic discount
5
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/02 17:54
End of Day Share Price 2025/04/30 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

UBM Development AG is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christoph SchultesErste Group Bank AG
Thomas NeuholdKepler Cheuvreux
Philipp SennewaldNuWays AG