Goodtech Valuation

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

Below Fair Value: GOD (NOK10.05) is trading below our estimate of fair value (NOK22.79)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for GOD. This is calculated by dividing GOD's market cap by their current earnings.
What is GOD's PE Ratio?
PE Ratio9.7x
EarningsNOK 28.90m
Market CapNOK 276.79m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GOD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.7x
SCANA Scana
12x16.6%NOK 1.3b
CAMBI Cambi
17.3x25.3%NOK 2.3b
EQVA Eqva
14.8xn/aNOK 341.0m
AUTO AutoStore Holdings
26.9x9.8%NOK 41.0b
GOD Goodtech
9.7x13.9%NOK 280.4m

Price-To-Earnings vs Peers: GOD is good value based on its Price-To-Earnings Ratio (9.7x) compared to the peer average (17.7x).


Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
GOD 9.7xIndustry Avg. 17.8xNo. of Companies28PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GOD is good value based on its Price-To-Earnings Ratio (9.7x) compared to the European Machinery industry average (17.8x).


Price to Earnings Ratio vs Fair Ratio

What is GOD'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.

GOD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.7x
Fair PE Ratio12.4x

Price-To-Earnings vs Fair Ratio: GOD is good value based on its Price-To-Earnings Ratio (9.7x) compared to the estimated Fair Price-To-Earnings Ratio (12.4x).


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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