Cambi Valuation

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

Valuation Score

5/6

Valuation Score 5/6

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

Below Fair Value: CAMBI (NOK14.6) is trading below our estimate of fair value (NOK41.22)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CAMBI. This is calculated by dividing CAMBI's market cap by their current earnings.
What is CAMBI's PE Ratio?
PE Ratio	17.3x
Earnings	NOK 134.80m
Market Cap	NOK 2.34b

CAMBI 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	2x
Enterprise Value/EBITDA	8.9x
PEG Ratio	0.7x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CAMBI 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	30.6x
SCANA Scana	12x	16.6%	NOK 1.3b
GOD Goodtech	9.7x	13.9%	NOK 280.4m
AUTO AutoStore Holdings	26.9x	9.8%	NOK 41.0b
TOM Tomra Systems	73.9x	43.4%	NOK 44.4b
CAMBI Cambi	17.3x	25.3%	NOK 2.3b

Price-To-Earnings vs Peers: CAMBI is good value based on its Price-To-Earnings Ratio (17.3x) compared to the peer average (30.6x).

Price to Earnings Ratio vs Industry

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

2 Companies	Price / Earnings	Estimated Growth	Market Cap

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: CAMBI is good value based on its Price-To-Earnings Ratio (17.3x) compared to the European Machinery industry average (17.8x).

Price to Earnings Ratio vs Fair Ratio

What is CAMBI'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.

CAMBI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	17.3x
Fair PE Ratio	21.3x

Price-To-Earnings vs Fair Ratio: CAMBI is good value based on its Price-To-Earnings Ratio (17.3x) compared to the estimated Fair Price-To-Earnings Ratio (21.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.