Elastron - Steel Service Centers Valuation

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

Below Fair Value: ELSTR (€2.02) is trading below our estimate of fair value (€2.21)

Significantly Below Fair Value: ELSTR 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 ELSTR?

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

The above table shows the Price to Sales ratio for ELSTR. This is calculated by dividing ELSTR's market cap by their current revenue.
What is ELSTR's PS Ratio?
PS Ratio	0.2x
Sales	€189.77m
Market Cap	€37.41m

ELSTR 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	0.5x
Enterprise Value/EBITDA	50.3x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for ELSTR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.5x
SIDMA Sidma Steel Products	0.09x	n/a	€21.1m
KORDE Kordellos Ch. Bros	0.2x	n/a	€8.7m
MPITR Bitros Holding	1.5x	n/a	€9.8m
PROFK Pipe Works L. Girakian Profil	0.2x	n/a	€4.4m
ELSTR Elastron - Steel Service Centers	0.2x	n/a	€37.4m

Price-To-Sales vs Peers: ELSTR is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.5x).

Price to Sales Ratio vs Industry

How does ELSTR's PS Ratio compare vs other companies in the European Metals and Mining Industry?

35 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	0.7x	2.0%
ELSTR Elastron - Steel Service Centers	0.2x	n/a	US$39.34m

35 Companies		Estimated Growth	Market Cap
Industry Avg.	0.7x	28.3%
ELSTR Elastron - Steel Service Centers	0.2x	n/a	US$39.34m

No more companies

Price-To-Sales vs Industry: ELSTR is good value based on its Price-To-Sales Ratio (0.2x) compared to the European Metals and Mining industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is ELSTR'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.

ELSTR PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.2x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate ELSTR'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?

Analyst Forecast: Insufficient data to show price forecast.