Graphisoft Park SE Ingatlanfejleszto Európai Részvénytársaság Valuation

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

GSPARK (€11) is trading above our estimate of [[fair value]] (€10.18)

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

Below Fair Value: GSPARK (€11) is trading above our estimate of fair value (€10.18)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for GSPARK. This is calculated by dividing GSPARK's market cap by their current earnings.
What is GSPARK's PE Ratio?
PE Ratio	7x
Earnings	€15.86m
Market Cap	€110.91m

GSPARK 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	10.4x
Enterprise Value/EBITDA	10.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GSPARK 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	8.9x
SPLUS Shopper Park Plus Nyilvánosan Muködo Részvénytársaság	8.1x	n/a	€153.0m
APPENINN Appeninn Vagyonkezelo Holding Nyilvánosan Muködo Részvénytársaság	2.8x	n/a	Ft31.7b
BIF Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt	11.3x	n/a	Ft132.3b
EPROLIUSIA Eprolius Ingatlan Nyilvánosan Muködo Részvénytársaság	13.3x	n/a	Ft6.8b
GSPARK Graphisoft Park SE Ingatlanfejleszto Európai Részvénytársaság	7x	n/a	€110.9m

Price-To-Earnings vs Peers: GSPARK is good value based on its Price-To-Earnings Ratio (7x) compared to the peer average (8.9x).

Price to Earnings Ratio vs Industry

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

24 Companies	Price / Earnings	Estimated Growth	Market Cap

24 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: GSPARK is good value based on its Price-To-Earnings Ratio (7x) compared to the European Real Estate industry average (18x).

Price to Earnings Ratio vs Fair Ratio

What is GSPARK'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.

GSPARK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	7x
Fair PE Ratio	n/a

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