Elanders Valuation

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

Below Fair Value: 0JBY (SEK87.6) is trading below our estimate of fair value (SEK643.66)

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

Key Valuation Metric

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

Key metric: As 0JBY is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0JBY. This is calculated by dividing 0JBY's market cap by their current earnings.
What is 0JBY's PE Ratio?
PE Ratio	10.7x
Earnings	SEK 290.00m
Market Cap	SEK 3.18b

0JBY 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	0.9x
Enterprise Value/EBITDA	10.5x
PEG Ratio	0.6x

Price to Earnings Ratio vs Peers

How does 0JBY's PE Ratio compare to its peers?

The above table shows the PE ratio for 0JBY 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	9.4x
DX. DX (Group)	13.5x	6.7%	UK£306.8m
IDS International Distribution Services	13.3x	28.9%	UK£3.3b
OCN Ocean Wilsons Holdings	8.8x	4.8%	UK£438.5m
GLTR Globaltrans Investment	2x	n/a	US$715.1m
0JBY Elanders	10.7x	18.4%	SEK 3.2b

Price-To-Earnings vs Peers: 0JBY is expensive based on its Price-To-Earnings Ratio (10.7x) compared to the peer average (9.4x).

Price to Earnings Ratio vs Industry

How does 0JBY's PE Ratio compare vs other companies in the European Logistics Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 0JBY is good value based on its Price-To-Earnings Ratio (10.7x) compared to the European Logistics industry average (13.2x).

Price to Earnings Ratio vs Fair Ratio

What is 0JBY'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.

0JBY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	10.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 0JBY'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?

The above table shows the analyst 0JBY forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	SEK 87.60	SEK 125.75 +43.6%	15.3%	SEK 145.00	SEK 106.50	n/a	2
Nov ’25	n/a	SEK 125.75 0%	15.3%	SEK 145.00	SEK 106.50	n/a	2
Apr ’25	SEK 124.80	SEK 137.75 +10.4%	8.9%	SEK 150.00	SEK 125.50	n/a	2
Mar ’25	SEK 104.08	SEK 137.75 +32.3%	8.9%	SEK 150.00	SEK 125.50	n/a	2
Jul ’24	SEK 119.39	SEK 192.25 +61.0%	9.2%	SEK 210.00	SEK 174.50	SEK 102.00	2
Jun ’24	SEK 120.59	SEK 192.25 +59.4%	9.2%	SEK 210.00	SEK 174.50	SEK 108.80	2
May ’24	SEK 129.69	SEK 192.25 +48.2%	9.2%	SEK 210.00	SEK 174.50	SEK 98.20	2

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.