Xaar plc

BATS-CHIXE:XARL Stock Report

Market Cap: UK£62.5m

Xaar Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: XARL (£0.79) is trading below our estimate of fair value (£0.9)

Significantly Below Fair Value: XARL 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 XARL?

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

The above table shows the Price to Sales ratio for XARL. This is calculated by dividing XARL's market cap by their current revenue.
What is XARL's PS Ratio?
PS Ratio1x
SalesUK£64.74m
Market CapUK£62.45m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for XARL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2x
CNC Concurrent Technologies
3.5x12.1%UK£127.0m
RPI Raspberry Pi Holdings
2.5x9.6%UK£642.5m
SNX Synectics
1x7.9%UK£52.9m
SDI SDI Group
0.9xn/aUK£61.7m
XARL Xaar
1x11.0%UK£62.5m

Price-To-Sales vs Peers: XARL is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (2x).

Price to Sales Ratio vs Industry

How does XARL's PS Ratio compare vs other companies in the European Tech Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
No. of Companies8PS00.61.21.82.43+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: XARL is expensive based on its Price-To-Sales Ratio (1x) compared to the European Tech industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is XARL'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.

XARL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate XARL'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 XARL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£0.79
UK£1.90
+140.5%
10.7%UK£2.15UK£1.65n/a3
Nov ’25UK£0.87
UK£1.90
+118.4%
10.7%UK£2.15UK£1.65n/a3
Oct ’25UK£1.07
UK£1.90
+78.4%
10.7%UK£2.15UK£1.65n/a3
Sep ’25UK£1.08
UK£1.90
+75.9%
10.7%UK£2.15UK£1.65n/a3
Aug ’25UK£1.27
UK£1.90
+49.6%
10.7%UK£2.15UK£1.65n/a3
Jul ’25UK£1.50
UK£1.90
+26.7%
10.7%UK£2.15UK£1.65n/a3
Jun ’25UK£1.50
UK£1.90
+26.7%
10.7%UK£2.15UK£1.65n/a3
May ’25UK£1.18
UK£1.90
+61.0%
10.7%UK£2.15UK£1.65n/a3
Apr ’25UK£1.02
UK£1.90
+87.2%
10.7%UK£2.15UK£1.65n/a3
Mar ’25UK£1.07
UK£1.90
+78.0%
10.7%UK£2.15UK£1.65n/a3
Feb ’25UK£0.92
UK£1.90
+105.6%
10.7%UK£2.15UK£1.65n/a3
Jan ’25UK£1.14
UK£2.02
+77.7%
5.1%UK£2.15UK£1.90n/a3
Dec ’24UK£1.28
UK£2.22
+73.4%
9.6%UK£2.51UK£2.00n/a3
Nov ’24UK£1.75
UK£2.45
+40.6%
14.2%UK£2.85UK£2.00UK£0.873
Oct ’24UK£1.72
UK£2.68
+55.8%
6.3%UK£2.85UK£2.51UK£1.072
Sep ’24UK£1.81
UK£2.68
+48.5%
6.3%UK£2.85UK£2.51UK£1.082
Aug ’24UK£1.86
UK£2.68
+44.1%
6.3%UK£2.85UK£2.51UK£1.272
Jul ’24UK£1.74
UK£2.68
+54.0%
6.3%UK£2.85UK£2.51UK£1.502
Jun ’24UK£1.74
UK£2.68
+54.0%
6.3%UK£2.85UK£2.51UK£1.502
May ’24UK£1.74
UK£2.68
+54.0%
6.3%UK£2.85UK£2.51UK£1.182
Apr ’24UK£2.06
UK£2.68
+30.1%
6.3%UK£2.85UK£2.51UK£1.022
Mar ’24UK£1.68
UK£2.68
+59.1%
6.3%UK£2.85UK£2.51UK£1.072
Feb ’24UK£1.74
UK£2.68
+54.2%
6.3%UK£2.85UK£2.51UK£0.922
Jan ’24UK£1.91
UK£2.78
+45.1%
2.7%UK£2.85UK£2.70UK£1.142
Dec ’23UK£2.14
UK£2.78
+29.7%
2.7%UK£2.85UK£2.70UK£1.282
Nov ’23UK£1.72
UK£2.78
+61.7%
2.7%UK£2.85UK£2.70UK£1.752

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

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