Cnl Capital E.K.E.S. - AIFM Valuation

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

Below Fair Value: CNLCAP (€7.25) is trading above our estimate of fair value (€1.73)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CNLCAP. This is calculated by dividing CNLCAP's market cap by their current earnings.
What is CNLCAP's PE Ratio?
PE Ratio	8.7x
Earnings	€611.43k
Market Cap	€5.34m

CNLCAP 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	5.1x
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CNLCAP 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	9.5x
ATRUST Alpha Trust Holdings	17.1x	n/a	€26.9m
PVMEZZ Phoenix Vega Mezz	2x	n/a	€112.5m
BLEKEDROS Ble Kedros REIC	16.9x	n/a	€150.9m
MAFL Mineral & Financial Investments	2x	n/a	UK£4.0m
CNLCAP Cnl Capital E.K.E.S. - AIFM	8.7x	n/a	€5.3m

Price-To-Earnings vs Peers: CNLCAP is good value based on its Price-To-Earnings Ratio (8.7x) compared to the peer average (9.5x).

Price to Earnings Ratio vs Industry

How does CNLCAP's PE Ratio compare vs other companies in the European Capital Markets Industry?

17 Companies	Price / Earnings	Estimated Growth	Market Cap

17 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: CNLCAP is good value based on its Price-To-Earnings Ratio (8.7x) compared to the European Capital Markets industry average (13.1x).

Price to Earnings Ratio vs Fair Ratio

What is CNLCAP'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.

CNLCAP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.7x
Fair PE Ratio	n/a

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