Basware Oyj Valuation

Q: What is the Fair Price of BAS1VH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

BAS1VH (€39.95) is trading below our estimate of [[fair value]] (€45.11)

Is BAS1VH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

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 BAS1VH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BAS1VH (€39.95) is trading below our estimate of fair value (€45.11)

Significantly Below Fair Value: BAS1VH is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BAS1VH?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for BAS1VH. This is calculated by dividing BAS1VH's market cap by their current preferred multiple.
What is BAS1VH's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	€572.46m

BAS1VH 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/Revenue	4x
Enterprise Value/EBITDA	55.3x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does BAS1VH's PS Ratio compare to its peers?

The above table shows the PS ratio for BAS1VH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	6.2x
FDP FD Technologies	2x	-11.6%	UK£490.5m
ALFA Alfa Financial Software Holdings	6.4x	8.4%	UK£652.2m
CER Cerillion	13x	11.7%	UK£534.6m
IDOX IDOX	3.4x	7.4%	UK£275.5m
BAS1VH Basware Oyj	3.7x	6.7%	€572.5m

Price-To-Sales vs Peers: BAS1VH is good value based on its Price-To-Sales Ratio (3.7x) compared to the peer average (4.2x).

Price to Earnings Ratio vs Industry

How does BAS1VH's PE Ratio compare vs other companies in the GB Software Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	19.5%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	19.5%
	n/a	n/a	n/a

No more companies

Price-To-Sales vs Industry: BAS1VH is expensive based on its Price-To-Sales Ratio (3.7x) compared to the UK Software industry average (2.5x).

Price to Sales Ratio vs Fair Ratio

What is BAS1VH'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.

BAS1VH PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	3.7x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate BAS1VH'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?

Analyst Forecast: Insufficient data to show price forecast.