We’ve recently updated our valuation analysis.

CentralNic Group Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

CNIC 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/Revenue0.8x
Enterprise Value/EBITDA8x
PEG Ratio5.9x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CNIC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average74.1x
BKS Beeks Financial Cloud Group
112.9xn/aUK£93.2m
IOM iomart Group
13.2x-1.0%UK£124.3m
SYS SysGroup
86.5xn/aUK£14.4m
BOKU Boku
83.8x-32.3%UK£395.1m
CNIC CentralNic Group
52.2x8.8%UK£358.2m

Price-To-Earnings vs Peers: CNIC is good value based on its Price-To-Earnings Ratio (52.2x) compared to the peer average (74.1x).


Price to Earnings Ratio vs Industry

How does CNIC's PE Ratio compare vs other companies in the GB IT Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a23.3%
n/an/an/a

Price-To-Earnings vs Industry: CNIC is expensive based on its Price-To-Earnings Ratio (52.2x) compared to the UK IT industry average (30.5x)


Price to Earnings Ratio vs Fair Ratio

What is CNIC'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.

CNIC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio52.2x
Fair PE Ratio27.6x

Price-To-Earnings vs Fair Ratio: CNIC is expensive based on its Price-To-Earnings Ratio (52.2x) compared to the estimated Fair Price-To-Earnings Ratio (27.6x).


Share Price vs Fair Value

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

Below Fair Value: CNIC (£1.35) is trading below our estimate of fair value (£1.98)

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


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 CNIC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£1.35
UK£3.00
+122.2%
16.7%UK£3.50UK£2.50n/a2
Nov ’23UK£1.30
UK£3.00
+130.8%
16.7%UK£3.50UK£2.50n/a2
Oct ’23UK£1.15
UK£3.00
+162.0%
16.7%UK£3.50UK£2.50n/a2
Sep ’23UK£1.18
UK£3.00
+155.3%
16.7%UK£3.50UK£2.50n/a2
Aug ’23UK£1.23
UK£3.00
+144.9%
16.7%UK£3.50UK£2.50n/a2
Jul ’23UK£1.16
UK£3.00
+159.7%
16.7%UK£3.50UK£2.50n/a2
Jun ’23UK£1.24
UK£3.00
+142.9%
16.7%UK£3.50UK£2.50n/a2
May ’23UK£1.34
UK£3.00
+123.9%
16.7%UK£3.50UK£2.50n/a2
Apr ’23UK£1.23
UK£2.75
+123.3%
19.8%UK£3.50UK£2.24n/a3
Mar ’23UK£1.39
UK£2.87
+107.2%
22.0%UK£3.50UK£2.24n/a2
Feb ’23UK£1.25
UK£2.90
+133.2%
11.3%UK£3.30UK£2.50n/a3
Jan ’23UK£1.40
UK£2.58
+84.3%
10.9%UK£2.86UK£2.30n/a2
Dec ’22UK£1.44
UK£2.58
+79.2%
10.9%UK£2.86UK£2.30n/a2
Nov ’22UK£1.41
UK£2.44
+73.0%
9.8%UK£2.68UK£2.20UK£1.302
Oct ’22UK£1.10
UK£2.39
+117.3%
7.9%UK£2.58UK£2.20UK£1.152
Sep ’22UK£1.03
UK£2.28
+121.4%
12.3%UK£2.56UK£2.00UK£1.182
Aug ’22UK£0.97
UK£2.21
+127.8%
9.5%UK£2.42UK£2.00UK£1.232
Jul ’22UK£0.84
UK£2.07
+146.4%
13.0%UK£2.34UK£1.80UK£1.162
Jun ’22UK£0.86
UK£2.26
+161.6%
0%UK£2.26UK£2.26UK£1.241
May ’22UK£0.85
UK£2.26
+165.6%
0%UK£2.26UK£2.26UK£1.341
Apr ’22UK£0.85
UK£2.26
+166.8%
0%UK£2.26UK£2.26UK£1.231
Mar ’22UK£0.89
UK£2.26
+153.2%
0%UK£2.26UK£2.26UK£1.391
Feb ’22UK£0.92
UK£2.10
+128.3%
0%UK£2.10UK£2.10UK£1.251
Jan ’22UK£0.94
UK£2.10
+123.4%
0%UK£2.10UK£2.10UK£1.401
Dec ’21UK£0.90
UK£2.10
+132.7%
0%UK£2.10UK£2.10UK£1.441

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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