Valamar Riviera d.d Valuation

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

Below Fair Value: RIVP (€5.2) is trading above our estimate of fair value (€1.45)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for RIVP. This is calculated by dividing RIVP's market cap by their current earnings.
What is RIVP's PE Ratio?
PE Ratio	29.1x
Earnings	€21.96m
Market Cap	€639.79m

RIVP 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	2.7x
Enterprise Value/EBITDA	9.4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for RIVP 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	20.1x
PLAG Plava laguna d.d	14.3x	n/a	€693.8m
MAIS Maistra d.d	15.1x	n/a	€510.0m
HIMR Imperial Riviera d.d	15.3x	n/a	€230.2m
ARNT Arena Hospitality Group d.d	35.8x	42.3%	€160.3m
RIVP Valamar Riviera d.d	29.1x	n/a	€639.8m

Price-To-Earnings vs Peers: RIVP is expensive based on its Price-To-Earnings Ratio (29.1x) compared to the peer average (20.1x).

Price to Earnings Ratio vs Industry

How does RIVP's PE Ratio compare vs other companies in the European Hospitality Industry?

10 Companies	Price / Earnings	Estimated Growth	Market Cap

10 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: RIVP is expensive based on its Price-To-Earnings Ratio (29.1x) compared to the European Hospitality industry average (17.3x).

Price to Earnings Ratio vs Fair Ratio

What is RIVP'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.

RIVP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	29.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate RIVP'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?

The above table shows the analyst RIVP forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	€5.20	€5.97 +14.9%	5.9%	€6.33	€5.62	n/a	2
Nov ’25	€5.08	€5.97 +17.6%	5.9%	€6.33	€5.62	n/a	2
Oct ’25	€5.00	€5.98 +19.5%	5.9%	€6.33	€5.63	n/a	2
Sep ’25	€5.22	€5.98 +14.5%	5.9%	€6.33	€5.63	n/a	2
Aug ’25	€5.12	€5.98 +16.7%	5.9%	€6.33	€5.63	n/a	2
Jul ’25	€5.06	€5.11 +1.1%	7.0%	€5.62	€4.82	n/a	3
Jun ’25	€5.14	€5.11 -0.5%	7.0%	€5.62	€4.82	n/a	3
May ’25	€5.08	€5.11 +0.7%	7.0%	€5.62	€4.82	n/a	3
Apr ’25	€5.18	€5.21 +0.7%	7.3%	€5.59	€4.83	n/a	2
Mar ’25	€4.77	€5.21 +9.3%	7.3%	€5.59	€4.83	n/a	2
Feb ’25	€4.72	€5.21 +10.5%	7.4%	€5.60	€4.83	n/a	2
Jan ’25	€4.72	€5.21 +10.5%	7.4%	€5.60	€4.83	n/a	2
Dec ’24	€4.30	€5.21 +21.3%	7.4%	€5.60	€4.83	n/a	2
Nov ’24	€4.24	€5.21 +23.0%	7.4%	€5.60	€4.83	€5.08	2
Oct ’24	€4.24	€4.90 +15.5%	4.1%	€5.17	€4.69	€5.00	3
Sep ’24	€4.31	€4.90 +13.6%	4.1%	€5.17	€4.69	€5.22	3
Aug ’24	€4.35	€4.90 +12.6%	4.1%	€5.17	€4.69	€5.12	3
Jul ’24	€4.48	€4.96 +10.7%	4.2%	€5.25	€4.78	€5.06	3
Jun ’24	€4.37	€4.96 +13.4%	4.2%	€5.25	€4.78	€5.14	3
May ’24	€4.37	€4.92 +12.5%	4.7%	€5.15	€4.68	€5.08	2
Apr ’24	€4.49	€5.03 +12.0%	6.7%	€5.36	€4.69	€5.18	2
Mar ’24	€4.49	€5.03 +12.0%	6.7%	€5.36	€4.69	€4.77	2
Feb ’24	€4.06	€5.09 +25.2%	8.1%	€5.50	€4.67	€4.72	2
Jan ’24	€4.04	€5.09 +25.7%	8.1%	€5.50	€4.67	€4.72	2
Dec ’23	€3.76	€5.09 +35.2%	8.1%	€5.50	€4.67	€4.30	2
Nov ’23	€3.89	€5.09 +30.7%	8.1%	€5.50	€4.67	€4.24	2

Analyst Forecast: Target price is less than 20% higher than the current share price.