Avance Gas Holding Valuation
Is AGAS 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 AGAS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: AGAS (NOK156.8) is trading above our estimate of fair value (NOK139.89)
Significantly Below Fair Value: AGAS is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for AGAS?
Other financial metrics that can be useful for relative valuation.
| What is AGAS's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | US$1.09b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 3.1x |
| Enterprise Value/EBITDA | 4.9x |
| PEG Ratio | -0.1x |
Price to Earnings Ratio vs Peers
How does AGAS's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 6.9x | ||
OET Okeanis Eco Tankers | 7.3x | 2.4% | NOK 10.9b |
CLCO Cool | 4.5x | -16.5% | NOK 7.1b |
BWEK BW Epic Kosan | 11.1x | 1.3% | NOK 3.9b |
BWLPG BWG | 4.4x | -26.6% | NOK 23.1b |
AGAS Avance Gas Holding | 4x | -32.4% | NOK 12.0b |
Price-To-Earnings vs Peers: AGAS is good value based on its Price-To-Earnings Ratio (4x) compared to the peer average (6.9x).
Price to Earnings Ratio vs Industry
How does AGAS's PE Ratio compare vs other companies in the European Oil and Gas Industry?
Price-To-Earnings vs Industry: AGAS is good value based on its Price-To-Earnings Ratio (4x) compared to the European Oil and Gas industry average (7.5x).
Price to Earnings Ratio vs Fair Ratio
What is AGAS'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 | 4x |
| Fair PE Ratio | 4.9x |
Price-To-Earnings vs Fair Ratio: AGAS is good value based on its Price-To-Earnings Ratio (4x) compared to the estimated Fair Price-To-Earnings Ratio (4.9x).
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 156.80 | NOK 190.00 +21.2% | 2.1% | NOK 195.00 | NOK 185.00 | n/a | 3 |
| Jul ’25 | NOK 166.20 | NOK 193.00 +16.1% | 1.1% | NOK 195.00 | NOK 190.00 | n/a | 3 |
| Jun ’25 | NOK 184.80 | NOK 193.00 +4.4% | 1.1% | NOK 195.00 | NOK 190.00 | n/a | 3 |
| May ’25 | NOK 161.60 | NOK 156.00 -3.5% | 7.5% | NOK 168.00 | NOK 140.00 | n/a | 3 |
| Apr ’25 | NOK 123.80 | NOK 156.00 +26.0% | 7.5% | NOK 168.00 | NOK 140.00 | n/a | 3 |
| Mar ’25 | NOK 111.00 | NOK 156.00 +40.5% | 7.5% | NOK 168.00 | NOK 140.00 | n/a | 3 |
| Feb ’25 | NOK 123.80 | NOK 155.00 +25.2% | 19.3% | NOK 178.00 | NOK 104.00 | n/a | 4 |
| Jan ’25 | NOK 149.60 | NOK 158.50 +5.9% | 19.9% | NOK 178.00 | NOK 104.00 | n/a | 4 |
| Dec ’24 | NOK 158.80 | NOK 158.50 -0.2% | 19.9% | NOK 178.00 | NOK 104.00 | n/a | 4 |
| Nov ’24 | NOK 162.20 | NOK 153.33 -5.5% | 10.1% | NOK 175.00 | NOK 140.00 | n/a | 3 |
| Oct ’24 | NOK 115.00 | NOK 114.33 -0.6% | 4.3% | NOK 120.00 | NOK 108.00 | n/a | 3 |
| Sep ’24 | NOK 107.00 | NOK 114.33 +6.9% | 4.3% | NOK 120.00 | NOK 108.00 | n/a | 3 |
| Aug ’24 | NOK 86.00 | NOK 104.00 +20.9% | 7.7% | NOK 115.00 | NOK 96.00 | n/a | 3 |
| Jul ’24 | NOK 90.60 | NOK 106.33 +17.4% | 5.8% | NOK 115.00 | NOK 101.00 | NOK 166.20 | 3 |
| Jun ’24 | NOK 94.20 | NOK 106.33 +12.9% | 5.8% | NOK 115.00 | NOK 101.00 | NOK 184.80 | 3 |
| May ’24 | NOK 72.00 | NOK 82.00 +13.9% | 14.7% | NOK 91.00 | NOK 65.00 | NOK 161.60 | 3 |
| Apr ’24 | NOK 68.35 | NOK 83.33 +21.9% | 15.7% | NOK 95.00 | NOK 65.00 | NOK 123.80 | 3 |
| Mar ’24 | NOK 81.15 | NOK 77.67 -4.3% | 15.8% | NOK 95.00 | NOK 68.00 | NOK 111.00 | 3 |
| Feb ’24 | NOK 62.10 | NOK 70.00 +12.7% | 5.8% | NOK 75.00 | NOK 65.00 | NOK 123.80 | 3 |
| Jan ’24 | NOK 59.55 | NOK 69.67 +17.0% | 5.3% | NOK 74.00 | NOK 65.00 | NOK 149.60 | 3 |
| Dec ’23 | NOK 67.55 | NOK 69.67 +3.1% | 5.3% | NOK 74.00 | NOK 65.00 | NOK 158.80 | 3 |
| Nov ’23 | NOK 62.60 | NOK 68.33 +9.2% | 6.8% | NOK 73.00 | NOK 62.00 | NOK 162.20 | 3 |
| Oct ’23 | NOK 54.45 | NOK 66.00 +21.2% | 8.6% | NOK 70.00 | NOK 58.00 | NOK 115.00 | 3 |
| Sep ’23 | NOK 49.20 | NOK 66.00 +34.1% | 8.6% | NOK 70.00 | NOK 58.00 | NOK 107.00 | 3 |
| Aug ’23 | NOK 58.90 | NOK 74.33 +26.2% | 4.2% | NOK 77.00 | NOK 70.00 | NOK 86.00 | 3 |
| Jul ’23 | NOK 48.90 | NOK 72.00 +47.2% | 3.9% | NOK 76.00 | NOK 70.00 | NOK 90.60 | 3 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.