VBL Valuation

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

VBL (€0.22) is trading above our estimate of [[fair value]] (€0.06)

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

Below Fair Value: VBL (€0.22) is trading above our estimate of fair value (€0.06)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for VBL. This is calculated by dividing VBL's market cap by their current earnings.
What is VBL's PE Ratio?
PE Ratio	36.3x
Earnings	€1.51m
Market Cap	€54.82m

VBL 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	12.1x
Enterprise Value/EBITDA	27.5x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for VBL 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	18.1x
TRI Trident Estates	27.2x	n/a	€45.4m
TML Tigné Mall	14.8x	n/a	€56.4m
MPC Malta Properties	13.9x	n/a	€35.5m
HLI Hili Properties	16.5x	n/a	€87.4m
VBL VBL	36.3x	n/a	€54.8m

Price-To-Earnings vs Peers: VBL is expensive based on its Price-To-Earnings Ratio (36.3x) compared to the peer average (18.1x).

Price to Earnings Ratio vs Industry

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

22 Companies	Price / Earnings	Estimated Growth	Market Cap

22 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: VBL is expensive based on its Price-To-Earnings Ratio (36.3x) compared to the European Real Estate industry average (18x).

Price to Earnings Ratio vs Fair Ratio

What is VBL'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.

VBL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	36.3x
Fair PE Ratio	n/a

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