Brockhaus Technologies AG

LSE:0AAW Stock Report

Market Cap: €249.7m

Brockhaus Technologies Valuation

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

Below Fair Value: 0AAW (€24) is trading below our estimate of fair value (€95.38)

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


Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for 0AAW. This is calculated by dividing 0AAW's market cap by their current revenue.
What is 0AAW's PS Ratio?
PS Ratio1.1x
Sales€222.17m
Market Cap€249.70m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for 0AAW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.9x
SEE Seeing Machines
2.6x21.4%UK£139.0m
SPSY Spectra Systems
4.9x12.2%UK£122.0m
BIG Big Technologies
7.2x0.5%UK£394.5m
SDI SDI Group
0.9xn/aUK£62.5m
0AAW Brockhaus Technologies
1.1x13.7%€249.7m

Price-To-Sales vs Peers: 0AAW is good value based on its Price-To-Sales Ratio (1.1x) compared to the peer average (3.9x).


Price to Sales Ratio vs Industry

How does 0AAW's PS Ratio compare vs other companies in the GB Electronic Industry?

6 CompaniesPrice / SalesEstimated GrowthMarket Cap
MIDW Midwich Group
0.2x3.2%US$358.25m
NAR Northamber
0.1xn/aUS$9.84m
HDT Holders Technology
0.2xn/aUS$2.71m
TWD Trackwise Designs
0.1xn/aUS$1.14m
0AAW 1.1xIndustry Avg. 1.4xNo. of Companies7PS012345+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 0AAW is good value based on its Price-To-Sales Ratio (1.1x) compared to the UK Electronic industry average (1.4x).


Price to Sales Ratio vs Fair Ratio

What is 0AAW'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.

0AAW PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.1x
Fair PS Ratio4.2x

Price-To-Sales vs Fair Ratio: 0AAW is good value based on its Price-To-Sales Ratio (1.1x) compared to the estimated Fair Price-To-Sales Ratio (4.2x).


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 0AAW forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€24.00
€57.25
+138.5%
26.2%€76.00€34.00n/a4
Nov ’25€24.50
€59.00
+140.8%
26.3%€76.00€34.00n/a4
Oct ’25€26.00
€59.00
+126.9%
26.3%€76.00€34.00n/a4
Sep ’25€28.50
€59.00
+107.0%
26.3%€76.00€34.00n/a4
Aug ’25€31.30
€56.50
+80.5%
31.0%€76.00€34.00n/a4
Jul ’25€29.76
€56.50
+89.8%
31.0%€76.00€34.00n/a4
Jun ’25€27.40
€56.50
+106.2%
31.0%€76.00€34.00n/a4
May ’25€21.60
€51.67
+139.2%
34.4%€76.00€34.00n/a3
Apr ’25€22.00
€47.67
+116.7%
32.1%€69.00€34.00n/a3
Mar ’25€21.70
€47.67
+119.7%
32.1%€69.00€34.00n/a3
Feb ’25€23.90
€47.67
+99.4%
32.1%€69.00€34.00n/a3
Jan ’25€25.70
€47.67
+85.5%
32.1%€69.00€34.00n/a3
Dec ’24€22.39
€47.67
+112.9%
32.1%€69.00€34.00n/a3
Nov ’24€19.85
€47.67
+140.1%
32.1%€69.00€34.00€24.503
Oct ’24n/a
€47.67
0%
32.1%€69.00€34.00€26.003
Sep ’24€20.50
€47.67
+132.5%
32.1%€69.00€34.00€28.503
Aug ’24€23.00
€47.67
+107.2%
32.1%€69.00€34.00€31.303
Jul ’24n/a
€47.67
0%
32.1%€69.00€34.00€29.763
Jun ’24€21.19
€47.67
+124.9%
32.1%€69.00€34.00€27.403
May ’24€22.20
€47.67
+114.7%
32.1%€69.00€34.00€21.603
Apr ’24€23.35
€46.33
+98.4%
29.0%€65.00€34.00€22.003
Mar ’24€23.60
€42.25
+79.0%
32.2%€65.00€30.00€21.704
Feb ’24n/a
€42.25
0%
32.2%€65.00€30.00€23.904
Jan ’24n/a
€42.25
0%
32.2%€65.00€30.00€25.704
Dec ’23€24.20
€42.25
+74.6%
32.2%€65.00€30.00€22.394
Nov ’23€16.00
€39.00
+143.8%
35.3%€60.00€22.00€19.854

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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