SMCP S.A.

LSE:0RVA Stock Report

Market Cap: €201.4m

SMCP Valuation

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

Below Fair Value: 0RVA (€2.65) is trading below our estimate of fair value (€3.91)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for 0RVA. This is calculated by dividing 0RVA's market cap by their current revenue.
What is 0RVA's PS Ratio?
PS Ratio0.2x
Sales€1.21b
Market Cap€201.42m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for 0RVA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.3x
BWNG N Brown Group
0.3x0.6%UK£183.1m
SHOE Shoe Zone
0.4x0.9%UK£68.2m
BOO boohoo group
0.3x3.2%UK£387.8m
ASC ASOS
0.2x3.1%UK£437.8m
0RVA SMCP
0.2x1.8%€201.4m

Price-To-Sales vs Peers: 0RVA is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.3x).

Price to Sales Ratio vs Industry

How does 0RVA's PS Ratio compare vs other companies in the GB Specialty Retail Industry?

9 CompaniesPrice / SalesEstimated GrowthMarket Cap
CURY Currys
0.1x1.0%US$1.05b
VTU Vertu Motors
0.04x5.8%US$248.36m
MOTR Motorpoint Group
0.1x6.3%US$132.77m
WRKS TheWorks.co.uk
0.05xn/aUS$16.45m
0RVA 0.2xIndustry Avg. 0.3xNo. of Companies9PS00.40.81.21.62+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 0RVA is good value based on its Price-To-Sales Ratio (0.2x) compared to the UK Specialty Retail industry average (0.3x).

Price to Sales Ratio vs Fair Ratio

What is 0RVA'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.

0RVA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ratio0.5x

Price-To-Sales vs Fair Ratio: 0RVA is good value based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (0.5x).

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 0RVA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€2.65
€4.58
+73.0%
20.2%€5.60€3.10n/a4
Nov ’25€2.73
€4.58
+67.6%
20.2%€5.60€3.10n/a4
Oct ’25€2.56
€4.58
+79.1%
20.2%€5.60€3.10n/a4
Sep ’25€2.32
€4.58
+97.2%
20.2%€5.60€3.10n/a4
Aug ’25€2.24
€4.58
+104.7%
20.2%€5.60€3.10n/a4
Jul ’25€1.86
€5.18
+178.2%
22.2%€6.70€3.50n/a4
Jun ’25€2.61
€5.18
+98.7%
22.2%€6.70€3.50n/a4
May ’25€2.32
€5.18
+123.5%
22.2%€6.70€3.50n/a4
Apr ’25€2.33
€5.18
+122.1%
22.2%€6.70€3.50n/a4
Mar ’25€2.43
€4.64
+90.9%
32.0%€6.70€2.50n/a5
Feb ’25€2.67
€4.74
+77.5%
34.3%€7.20€2.50n/a5
Jan ’25€3.42
€6.58
+92.4%
42.8%€11.40€4.00n/a5
Dec ’24€3.47
€6.58
+89.9%
42.8%€11.40€4.00n/a5
Nov ’24€3.38
€7.48
+121.7%
43.7%€12.00€4.00€2.736
Oct ’24€3.84
€9.65
+151.2%
16.6%€12.00€8.00€2.566
Sep ’24€6.07
€10.55
+73.8%
14.6%€12.80€8.00€2.326
Aug ’24€6.76
€10.88
+61.0%
14.0%€12.80€8.00€2.246
Jul ’24€8.00
€10.97
+37.1%
13.8%€12.80€8.00€1.866
Jun ’24€7.39
€10.97
+48.4%
13.8%€12.80€8.00€2.616
May ’24€7.79
€10.97
+40.8%
13.8%€12.80€8.00€2.326
Apr ’24€8.14
€10.95
+34.5%
13.6%€12.70€8.00€2.336
Mar ’24€7.82
€9.97
+27.6%
15.0%€12.70€8.00€2.437
Feb ’24€7.33
€9.23
+25.9%
12.2%€10.50€7.50€2.677
Jan ’24€6.55
€9.23
+40.8%
12.2%€10.50€7.50€3.427
Dec ’23€6.87
€9.23
+34.3%
12.2%€10.50€7.50€3.477
Nov ’23€6.43
€9.16
+42.4%
13.6%€10.50€7.00€3.387

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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