Medistim Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: MEDI (NOK132) is trading below our estimate of fair value (NOK151.23)

Significantly Below Fair Value: MEDI is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MEDI. This is calculated by dividing MEDI's market cap by their current earnings.
What is MEDI's PE Ratio?
PE Ratio	23.8x
Earnings	NOK 101.64m
Market Cap	NOK 2.42b

MEDI 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	4.2x
Enterprise Value/EBITDA	16.2x
PEG Ratio	5.9x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MEDI 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	7.4x
OMDA Omda	7.5x	-32.9%	NOK 676.3m
A043150 Value Added Technology	5.8x	10.6%	₩304.5b
A041830 InBodyLtd	7.9x	15.5%	₩293.1b
1696 Sisram Medical	8.5x	24.2%	HK$1.6b
MEDI Medistim	23.8x	4.1%	NOK 2.4b

Price-To-Earnings vs Peers: MEDI is expensive based on its Price-To-Earnings Ratio (23.8x) compared to the peer average (7.5x).

Price to Earnings Ratio vs Industry

How does MEDI's PE Ratio compare vs other companies in the European Medical Equipment Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: MEDI is good value based on its Price-To-Earnings Ratio (23.8x) compared to the European Medical Equipment industry average (28.9x).

Price to Earnings Ratio vs Fair Ratio

What is MEDI'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.

MEDI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	23.8x
Fair PE Ratio	26.5x

Price-To-Earnings vs Fair Ratio: MEDI is good value based on its Price-To-Earnings Ratio (23.8x) compared to the estimated Fair Price-To-Earnings Ratio (26.5x).

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.