HitecVision Valuation

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

Below Fair Value: HITV (NOK140) is trading above our estimate of fair value (NOK136.19)

Significantly Below Fair Value: HITV is trading above our estimate of fair value.


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for HITV. This is calculated by dividing HITV's market cap by their current earnings.
What is HITV's PE Ratio?
PE Ratio3.2x
EarningsNOK 840.25m
Market CapNOK 2.66b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for HITV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10.4x
NORTH North Energy
11.2xn/aNOK 307.2m
ABG ABG Sundal Collier Holding
12.5xn/aNOK 3.6b
B2I B2 Impact
11.3x25.8%NOK 3.7b
ACR Axactor
6.5x60.1%NOK 1.1b
HITV HitecVision
3.2xn/aNOK 2.7b

Price-To-Earnings vs Peers: HITV is good value based on its Price-To-Earnings Ratio (3.2x) compared to the peer average (10.4x).


Price to Earnings Ratio vs Industry

How does HITV's PE Ratio compare vs other companies in the European Capital Markets Industry?

17 CompaniesPrice / EarningsEstimated GrowthMarket Cap
HITV 3.2xIndustry Avg. 13.3xNo. of Companies37PE01224364860+
17 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HITV is good value based on its Price-To-Earnings Ratio (3.2x) compared to the European Capital Markets industry average (13.3x).


Price to Earnings Ratio vs Fair Ratio

What is HITV'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.

HITV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate HITV's Price-To-Earnings 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.


Discover undervalued companies