Quest Holdings Valuation

Is QUEST undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: QUEST (€5.58) is trading below our estimate of fair value (€7.91)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for QUEST. This is calculated by dividing QUEST's market cap by their current earnings.
What is QUEST's PE Ratio?
PE Ratio	13.4x
Earnings	€44.12m
Market Cap	€590.70m

QUEST 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	8.4x
PEG Ratio	1.4x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for QUEST 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	12.2x
INTEK Ideal Holdings	14.3x	-3.8%	€267.4m
INTET Intertech Inter. Technologies	13.7x	n/a	€8.6m
ACAG Austriacard Holdings	11.2x	23.6%	€199.8m
2760 Tokyo Electron Device	9.4x	10.7%	JP¥92.1b
QUEST Quest Holdings	13.4x	9.6%	€590.7m

Price-To-Earnings vs Peers: QUEST is expensive based on its Price-To-Earnings Ratio (13.4x) compared to the peer average (12.2x).

Price to Earnings Ratio vs Industry

How does QUEST's PE Ratio compare vs other companies in the European Electronic Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: QUEST is good value based on its Price-To-Earnings Ratio (13.4x) compared to the European Electronic industry average (18x).

Price to Earnings Ratio vs Fair Ratio

What is QUEST'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.

QUEST PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	13.4x
Fair PE Ratio	14.7x

Price-To-Earnings vs Fair Ratio: QUEST is good value based on its Price-To-Earnings Ratio (13.4x) compared to the estimated Fair Price-To-Earnings Ratio (14.7x).

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.