Thessaloniki Water Supply & Sewerage Co S.A.

ATSE:EYAPS Stock Report

Market Cap: €114.0m

Thessaloniki Water Supply & Sewerage Co Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: EYAPS (€3.14) is trading above our estimate of fair value (€1.18)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for EYAPS. This is calculated by dividing EYAPS's market cap by their current earnings.
What is EYAPS's PE Ratio?
PE Ratio27.4x
Earnings€4.15m
Market Cap€113.98m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for EYAPS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.9x
EYDAP Athens Water Supply and Sewerage
20.7xn/a€612.4m
D2O Duxton Water
18.9x-4.1%AU$222.5m
5GD Sunpower Group
8.1xn/aS$218.8m
1853 Jilin Province Chuncheng Heating
4.1xn/aHK$634.7m
EYAPS Thessaloniki Water Supply & Sewerage Co
27.4xn/a€114.0m

Price-To-Earnings vs Peers: EYAPS is expensive based on its Price-To-Earnings Ratio (27.4x) compared to the peer average (12.9x).

Price to Earnings Ratio vs Industry

How does EYAPS's PE Ratio compare vs other companies in the Global Water Utilities Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
EYAPS 27.4xIndustry Avg. 18.0xNo. of Companies10PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EYAPS is expensive based on its Price-To-Earnings Ratio (27.4x) compared to the Global Water Utilities industry average (18x).

Price to Earnings Ratio vs Fair Ratio

What is EYAPS'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.

EYAPS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio27.4x
Fair PE Ration/a

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

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