Alpha Real Estate Services Valuation

Q: What is the Fair Price of ASTAK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ASTAK (€6.88) is trading below our estimate of [[fair value]] (€14.16)

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

Below Fair Value: ASTAK (€6.88) is trading below our estimate of fair value (€14.16)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ASTAK. This is calculated by dividing ASTAK's market cap by their current earnings.
What is ASTAK's PE Ratio?
PE Ratio	44.4x
Earnings	€2.17m
Market Cap	€96.32m

ASTAK 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	3.8x
Enterprise Value/EBITDA	28x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ASTAK 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	7.4x
PREMIA Premia Real Estate Investment Company Societe Anonyme	5.1x	-7.2%	€101.2m
DIMAND Dimand	8x	29.1%	€151.9m
NNCL Nava Nakorn	9.1x	n/a	฿3.5b
2991 LANDNET	7.1x	n/a	JP¥13.5b
ASTAK Alpha Real Estate Services	44.4x	n/a	€96.3m

Price-To-Earnings vs Peers: ASTAK is expensive based on its Price-To-Earnings Ratio (44.4x) compared to the peer average (7.4x).

Price to Earnings Ratio vs Industry

How does ASTAK's PE Ratio compare vs other companies in the European Real Estate Industry?

23 Companies	Price / Earnings	Estimated Growth	Market Cap

23 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: ASTAK is expensive based on its Price-To-Earnings Ratio (44.4x) compared to the European Real Estate industry average (18.2x).

Price to Earnings Ratio vs Fair Ratio

What is ASTAK'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.

ASTAK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	44.4x
Fair PE Ratio	n/a

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