AutoStore Holdings Ltd.

OB:AUTO Stock Report

Market Cap: NOK 40.6b

AutoStore Holdings Valuation

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

Below Fair Value: AUTO (NOK12.1) is trading below our estimate of fair value (NOK12.69)

Significantly Below Fair Value: AUTO is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for AUTO. This is calculated by dividing AUTO's market cap by their current earnings.
What is AUTO's PE Ratio?
PE Ratio26.8x
EarningsUS$137.10m
Market CapUS$3.67b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for AUTO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.6x
TOM Tomra Systems
70.7x44.5%NOK 41.9b
CAMBI Cambi
18.3x13.3%NOK 2.5b
SCANA Scana
11.9x7.5%NOK 1.3b
AKER Aker
13.5xn/aNOK 42.9b
AUTO AutoStore Holdings
26.8x11.1%NOK 40.6b

Price-To-Earnings vs Peers: AUTO is good value based on its Price-To-Earnings Ratio (26.8x) compared to the peer average (28.6x).

Price to Earnings Ratio vs Industry

How does AUTO's PE Ratio compare vs other companies in the European Machinery Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AUTO 26.8xIndustry Avg. 17.6xNo. of Companies30PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AUTO is expensive based on its Price-To-Earnings Ratio (26.8x) compared to the European Machinery industry average (17.7x).

Price to Earnings Ratio vs Fair Ratio

What is AUTO'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.

AUTO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26.8x
Fair PE Ratio25.2x

Price-To-Earnings vs Fair Ratio: AUTO is expensive based on its Price-To-Earnings Ratio (26.8x) compared to the estimated Fair Price-To-Earnings Ratio (25.2x).

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 AUTO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 12.10
NOK 13.64
+12.7%
20.8%NOK 18.40NOK 9.55n/a10
Nov ’25NOK 10.44
NOK 13.83
+32.5%
22.9%NOK 18.86NOK 9.42n/a10
Oct ’25NOK 10.75
NOK 13.94
+29.7%
23.0%NOK 18.07NOK 9.03n/a9
Sep ’25NOK 11.28
NOK 18.25
+61.8%
34.9%NOK 29.52NOK 9.00n/a9
Aug ’25NOK 13.28
NOK 20.73
+56.1%
28.8%NOK 30.96NOK 11.33n/a9
Jul ’25NOK 13.40
NOK 20.05
+49.6%
27.1%NOK 29.93NOK 11.10n/a10
Jun ’25NOK 14.80
NOK 19.78
+33.7%
26.6%NOK 28.91NOK 10.99n/a10
May ’25NOK 16.00
NOK 20.83
+30.2%
26.8%NOK 30.45NOK 11.57n/a10
Apr ’25NOK 19.98
NOK 20.21
+1.1%
30.1%NOK 28.77NOK 10.84n/a10
Mar ’25NOK 16.91
NOK 20.42
+20.8%
30.1%NOK 29.06NOK 11.01n/a10
Feb ’25NOK 19.16
NOK 19.89
+3.8%
33.1%NOK 28.84NOK 10.98n/a10
Jan ’25NOK 19.98
NOK 18.98
-5.0%
31.8%NOK 28.65NOK 10.79n/a10
Dec ’24NOK 17.11
NOK 18.57
+8.5%
31.8%NOK 27.95NOK 10.52n/a10
Nov ’24NOK 12.75
NOK 21.76
+70.7%
28.7%NOK 31.49NOK 11.99NOK 10.4410
Oct ’24NOK 15.14
NOK 24.36
+61.0%
23.4%NOK 36.16NOK 14.01NOK 10.7510
Sep ’24NOK 18.00
NOK 24.54
+36.3%
21.5%NOK 35.72NOK 17.74NOK 11.289
Aug ’24NOK 24.99
NOK 25.13
+0.6%
20.6%NOK 33.12NOK 16.78NOK 13.289
Jul ’24NOK 23.45
NOK 26.19
+11.7%
20.6%NOK 35.53NOK 18.00NOK 13.409
Jun ’24NOK 23.55
NOK 26.96
+14.5%
20.4%NOK 36.53NOK 18.75NOK 14.809
May ’24NOK 22.83
NOK 26.37
+15.5%
22.0%NOK 36.45NOK 18.00NOK 16.009
Apr ’24NOK 22.47
NOK 25.37
+12.9%
24.2%NOK 35.80NOK 18.09NOK 19.989
Mar ’24NOK 21.93
NOK 25.73
+17.3%
24.3%NOK 35.27NOK 17.97NOK 16.919
Feb ’24NOK 23.72
NOK 25.49
+7.5%
26.9%NOK 36.07NOK 17.96NOK 19.169
Jan ’24NOK 17.93
NOK 27.17
+51.6%
26.2%NOK 37.06NOK 20.13NOK 19.987
Dec ’23NOK 18.43
NOK 27.17
+47.5%
26.2%NOK 37.06NOK 20.13NOK 17.117
Nov ’23NOK 21.82
NOK 27.10
+24.2%
29.2%NOK 38.59NOK 19.80NOK 12.757

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

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