B.V. Delftsch Aardewerkfabriek De Porceleyne Fles Anno 1653 Valuation

Is PORF 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-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: PORF (€12.5) is trading below our estimate of fair value (€44.19)

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

Key Valuation Metric

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

Key metric: As PORF is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for PORF. This is calculated by dividing PORF's market cap by their current revenue.
What is PORF's PS Ratio?
PS Ratio	1.4x
Sales	€8.71m
Market Cap	€12.32m

PORF 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	3.4x
Enterprise Value/EBITDA	22.7x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does PORF's PS Ratio compare to its peers?

The above table shows the PS ratio for PORF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.6x
VELOCITY Velocity Capital Partner Berhad	0.9x	n/a	RM 62.2m
DPL.N0000 Dankotuwa Porcelain	0.7x	n/a	LK₨3.4b
OGC Ocean Glass	0.2x	n/a	฿435.1m
EMICO Emico Holdings Berhad	0.5x	n/a	RM 34.2m
PORF B.V. Delftsch Aardewerkfabriek De Porceleyne Fles Anno 1653	1.4x	n/a	€12.3m

Price-To-Sales vs Peers: PORF is expensive based on its Price-To-Sales Ratio (1.4x) compared to the peer average (0.6x).

Price to Sales Ratio vs Industry

How does PORF's PS Ratio compare vs other companies in the European Consumer Durables Industry?

13 Companies	Price / Sales	Estimated Growth	Market Cap

13 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: PORF is expensive based on its Price-To-Sales Ratio (1.4x) compared to the European Consumer Durables industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is PORF's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PORF PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.4x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate PORF's Price-To-Sales 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.