Sats Valuation
Is SATS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
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 SATS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SATS (NOK23.95) is trading below our estimate of fair value (NOK54.77)
Significantly Below Fair Value: SATS is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SATS?
Key metric: As SATS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is SATS's PE Ratio? | |
|---|---|
| PE Ratio | 17.2x |
| Earnings | NOK 285.00m |
| Market Cap | NOK 4.90b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.2x |
| Enterprise Value/EBITDA | 115.5x |
| PEG Ratio | 0.7x |
Price to Earnings Ratio vs Peers
How does SATS's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 47.1x | ||
G2MNO Gentoo Media | 15.7x | 63.2% | NOK 3.2b |
7085 CURVES HOLDINGS | 20.4x | 9.6% | JP¥72.8b |
4343 AEON FantasyLTD | 116.3x | 29.4% | JP¥58.9b |
TIV Tivoli | 35.8x | n/a | DKK 3.9b |
SATS Sats | 17.2x | 23.5% | NOK 4.9b |
Price-To-Earnings vs Peers: SATS is good value based on its Price-To-Earnings Ratio (17.2x) compared to the peer average (47.1x).
Price to Earnings Ratio vs Industry
How does SATS's PE Ratio compare vs other companies in the European Hospitality Industry?
| 10 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 10 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: SATS is good value based on its Price-To-Earnings Ratio (17.2x) compared to the European Hospitality industry average (17.3x).
Price to Earnings Ratio vs Fair Ratio
What is SATS'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 17.2x |
| Fair PE Ratio | 16x |
Price-To-Earnings vs Fair Ratio: SATS is expensive based on its Price-To-Earnings Ratio (17.2x) compared to the estimated Fair Price-To-Earnings Ratio (16x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | NOK 23.95 | NOK 28.67 +19.7% | 6.6% | NOK 30.00 | NOK 26.00 | n/a | 3 |
| Nov ’25 | NOK 21.70 | NOK 26.67 +22.9% | 4.7% | NOK 28.00 | NOK 25.00 | n/a | 3 |
| Oct ’25 | NOK 21.05 | NOK 25.33 +20.3% | 4.9% | NOK 27.00 | NOK 24.00 | n/a | 3 |
| Sep ’25 | NOK 20.70 | NOK 23.67 +14.3% | 5.3% | NOK 25.00 | NOK 22.00 | n/a | 3 |
| Aug ’25 | NOK 16.80 | NOK 22.67 +34.9% | 9.1% | NOK 25.00 | NOK 20.00 | n/a | 3 |
| Jul ’25 | NOK 16.18 | NOK 23.00 +42.2% | 9.4% | NOK 25.00 | NOK 20.00 | n/a | 3 |
| Jun ’25 | NOK 17.60 | NOK 23.33 +32.6% | 7.3% | NOK 25.00 | NOK 21.00 | n/a | 3 |
| May ’25 | NOK 17.30 | NOK 23.33 +34.9% | 7.3% | NOK 25.00 | NOK 21.00 | n/a | 3 |
| Apr ’25 | NOK 18.32 | NOK 23.00 +25.5% | 7.1% | NOK 25.00 | NOK 21.00 | n/a | 3 |
| Mar ’25 | NOK 17.30 | NOK 23.00 +32.9% | 7.1% | NOK 25.00 | NOK 21.00 | n/a | 3 |
| Feb ’25 | NOK 18.96 | NOK 19.33 +2.0% | 12.9% | NOK 22.00 | NOK 16.00 | n/a | 3 |
| Jan ’25 | NOK 15.16 | NOK 15.00 -1.1% | 5.4% | NOK 16.00 | NOK 14.00 | n/a | 3 |
| Dec ’24 | NOK 13.02 | NOK 15.00 +15.2% | 5.4% | NOK 16.00 | NOK 14.00 | n/a | 3 |
| Nov ’24 | NOK 11.80 | NOK 15.00 +27.1% | 5.4% | NOK 16.00 | NOK 14.00 | NOK 21.70 | 3 |
| Oct ’24 | NOK 11.96 | NOK 15.00 +25.4% | 5.4% | NOK 16.00 | NOK 14.00 | NOK 21.05 | 3 |
| Sep ’24 | NOK 11.94 | NOK 15.00 +25.6% | 5.4% | NOK 16.00 | NOK 14.00 | NOK 20.70 | 3 |
| Aug ’24 | NOK 10.50 | NOK 11.23 +7.0% | 16.4% | NOK 13.00 | NOK 8.70 | NOK 16.80 | 3 |
| Jul ’24 | NOK 10.00 | NOK 11.23 +12.3% | 16.4% | NOK 13.00 | NOK 8.70 | NOK 16.18 | 3 |
| Jun ’24 | NOK 10.78 | NOK 11.23 +4.2% | 16.4% | NOK 13.00 | NOK 8.70 | NOK 17.60 | 3 |
| May ’24 | NOK 10.36 | NOK 11.20 +8.1% | 16.8% | NOK 13.00 | NOK 8.60 | NOK 17.30 | 3 |
| Apr ’24 | NOK 7.96 | NOK 7.53 -5.4% | 14.8% | NOK 8.60 | NOK 6.00 | NOK 18.32 | 3 |
| Mar ’24 | NOK 8.35 | NOK 7.53 -9.8% | 14.8% | NOK 8.60 | NOK 6.00 | NOK 17.30 | 3 |
| Feb ’24 | NOK 8.19 | NOK 6.53 -20.2% | 18.8% | NOK 8.00 | NOK 5.00 | NOK 18.96 | 3 |
| Jan ’24 | NOK 8.84 | NOK 6.20 -29.9% | 13.9% | NOK 7.00 | NOK 5.00 | NOK 15.16 | 3 |
| Dec ’23 | NOK 8.15 | NOK 6.20 -23.9% | 13.9% | NOK 7.00 | NOK 5.00 | NOK 13.02 | 3 |
| Nov ’23 | NOK 7.40 | NOK 6.20 -16.2% | 13.9% | NOK 7.00 | NOK 5.00 | NOK 11.80 | 3 |
Analyst Forecast: Target price is less than 20% higher than the current share price.