Société Industrielle et Financière de l'Artois Société anonyme Valuation

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

ARTOP (€5150) is trading above our estimate of [[fair value]] (€745.66)

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

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: ARTOP (€5150) is trading above our estimate of fair value (€745.66)

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

Key Valuation Metric

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

Key metric: As ARTOP is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ARTOP. This is calculated by dividing ARTOP's market cap by their current earnings.
What is ARTOP's PE Ratio?
PE Ratio	63.7x
Earnings	€20.90m
Market Cap	€1.33b

ARTOP 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	4.6x
Enterprise Value/EBITDA	-301.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ARTOP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	42.6x
RPI Raspberry Pi Holdings	28.3x	4.3%	UK£683.1m
CNC Concurrent Technologies	25.3x	13.5%	UK£127.8m
SPT Spirent Communications	94.2x	40.5%	UK£987.4m
OXIG Oxford Instruments	22.5x	10.2%	UK£1.2b
ARTOP Société Industrielle et Financière de l'Artois Société anonyme	63.7x	n/a	€1.3b

Price-To-Earnings vs Peers: ARTOP is expensive based on its Price-To-Earnings Ratio (63.7x) compared to the peer average (39.3x).

Price to Earnings Ratio vs Industry

How does ARTOP's PE Ratio compare vs other companies in the European Tech Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: ARTOP is expensive based on its Price-To-Earnings Ratio (63.7x) compared to the European Tech industry average (28.3x).

Price to Earnings Ratio vs Fair Ratio

What is ARTOP'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.

ARTOP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	63.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ARTOP's Price-To-Earnings 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.

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