ELES Semiconductor Equipment S.p.A.

BIT:ELES Stock Report

Market Cap: €25.0m

ELES Semiconductor Equipment Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: ELES (€1.42) is trading below our estimate of fair value (€3.64)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ELES. This is calculated by dividing ELES's market cap by their current earnings.
What is ELES's PE Ratio?
PE Ratio30.2x
Earnings€828.00k
Market Cap€25.03m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ELES vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average46.2x
TPRO Technoprobe
40x25.2%€3.8b
SCIA SCI Engineered Materials
11.3xn/aUS$21.1m
6596 TSUKUBASEIKOLtd
124.2xn/aJP¥3.7b
A241790 TEMC CNS
9.4xn/a₩48.2b
ELES ELES Semiconductor Equipment
30.2x34.8%€25.0m

Price-To-Earnings vs Peers: ELES is good value based on its Price-To-Earnings Ratio (30.2x) compared to the peer average (46.3x).

Price to Earnings Ratio vs Industry

How does ELES's PE Ratio compare vs other companies in the European Semiconductor Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ELES 30.2xIndustry Avg. 14.8xNo. of Companies7PE01632486480+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ELES is expensive based on its Price-To-Earnings Ratio (30.2x) compared to the European Semiconductor industry average (13.7x).

Price to Earnings Ratio vs Fair Ratio

What is ELES'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.

ELES PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio30.2x
Fair PE Ratio28.6x

Price-To-Earnings vs Fair Ratio: ELES is expensive based on its Price-To-Earnings Ratio (30.2x) compared to the estimated Fair Price-To-Earnings Ratio (28.6x).

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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