Vend Marketplaces ASA

OB:VENDA Stock Report

Market Cap: NOK 76.2b

Vend Marketplaces Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Discounted Cash Flow
Simply Wall St
NOK 265.36
Fair Value
30.8% overvalued intrinsic discount
13
Number of Analysts

Below Fair Value: VENDA (NOK347) is trading above our estimate of fair value (NOK265.36)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for VENDA. This is calculated by dividing VENDA's market cap by their current earnings.
What is VENDA's PE Ratio?
PE Ratio31.6x
EarningsNOK 2.48b
Market CapNOK 76.19b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for VENDA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.3x
POL Polaris Media
5.3xn/aNOK 3.6b
NYT New York Times
29.6x11.34%US$8.9b
601928 Jiangsu Phoenix Publishing & Media
16.9x7.86%CN¥29.2b
SPG Springer Nature KGaA
61.3x25.27%€4.2b
VENDA Vend Marketplaces
31.6x-4.34%NOK 76.2b

Price-To-Earnings vs Peers: VENDA is expensive based on its Price-To-Earnings Ratio (31.6x) compared to the peer average (28.2x).

Price to Earnings Ratio vs Industry

How does VENDA's PE Ratio compare vs other companies in the European Media Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
VENDA 31.6xIndustry Avg. 15.2xNo. of Companies18PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: VENDA is expensive based on its Price-To-Earnings Ratio (31.6x) compared to the European Media industry average (15.3x).

Price to Earnings Ratio vs Fair Ratio

What is VENDA'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.

VENDA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio31.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate VENDA'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?

The above table shows the analyst VENDA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 347.00
NOK 346.05
-0.27%
12.78%NOK 411.00NOK 272.60n/a13
May ’26NOK 315.60
NOK 331.82
+5.14%
12.62%NOK 411.00NOK 272.60n/a13
Apr ’26NOK 287.00
NOK 346.20
+20.63%
12.78%NOK 419.00NOK 272.60n/a13
Mar ’26NOK 314.40
NOK 360.83
+14.77%
10.51%NOK 419.00NOK 290.00n/a12
Feb ’26NOK 336.00
NOK 364.92
+8.61%
10.09%NOK 416.00NOK 300.00n/a12
Jan ’26NOK 352.00
NOK 358.92
+1.96%
12.56%NOK 440.00NOK 300.00n/a12
Dec ’25NOK 378.40
NOK 359.33
-5.04%
12.71%NOK 440.00NOK 300.00n/a12
Nov ’25NOK 376.20
NOK 359.46
-4.45%
11.42%NOK 422.00NOK 300.00n/a13
Oct ’25NOK 336.40
NOK 332.82
-1.07%
13.62%NOK 401.00NOK 234.62n/a13
Sep ’25NOK 325.20
NOK 330.61
+1.66%
13.18%NOK 401.00NOK 240.91n/a13
Aug ’25NOK 312.20
NOK 332.30
+6.44%
13.44%NOK 401.00NOK 240.91n/a13
Jul ’25NOK 314.80
NOK 331.24
+5.22%
16.53%NOK 474.00NOK 240.91n/a12
Jun ’25NOK 304.00
NOK 338.08
+11.21%
6.13%NOK 380.00NOK 300.00n/a12
May ’25NOK 317.80
NOK 345.58
+8.74%
8.57%NOK 410.00NOK 300.00NOK 315.6012
Apr ’25NOK 346.80
NOK 349.25
+0.71%
8.14%NOK 410.00NOK 300.00NOK 287.0012
Mar ’25NOK 313.50
NOK 339.33
+8.24%
7.71%NOK 410.00NOK 300.00NOK 314.4012
Feb ’25NOK 315.30
NOK 322.08
+2.15%
10.25%NOK 354.00NOK 233.00NOK 336.0012
Jan ’25NOK 292.60
NOK 310.07
+5.97%
13.79%NOK 355.00NOK 230.00NOK 352.0012
Dec ’24NOK 269.60
NOK 294.90
+9.38%
12.02%NOK 354.00NOK 230.00NOK 378.4012
Nov ’24NOK 220.20
NOK 281.05
+27.64%
9.30%NOK 320.00NOK 230.00NOK 376.2013
Oct ’24NOK 240.90
NOK 272.53
+13.13%
12.15%NOK 320.00NOK 200.00NOK 336.4013
Sep ’24NOK 223.60
NOK 252.30
+12.84%
11.27%NOK 306.00NOK 200.00NOK 325.2015
Aug ’24NOK 211.00
NOK 252.30
+19.57%
11.27%NOK 306.00NOK 200.00NOK 312.2015
Jul ’24NOK 188.25
NOK 250.37
+33.00%
12.26%NOK 310.00NOK 200.00NOK 314.8015
Jun ’24NOK 213.00
NOK 251.77
+18.20%
11.51%NOK 310.00NOK 200.00NOK 304.0015
May ’24NOK 188.80
NOK 246.82
+30.73%
13.33%NOK 302.00NOK 190.00NOK 317.8014
AnalystConsensusTarget
Consensus Narrative from 13 Analysts
NOK 346.05
Fair Value
0.3% overvalued intrinsic discount
13
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/14 06:35
End of Day Share Price 2025/05/14 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Vend Marketplaces ASA is covered by 31 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Markus BjerkeArctic Securities ASA
Andrew RossBarclays