EcoOnline Holding AS

OB:ECO Stock Report

Market Cap: NOK 3.9b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

EcoOnline Holding Valuation

Is ECO 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ECO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ECO (NOK23.8) is trading below our estimate of fair value (NOK69.82)

Significantly Below Fair Value: ECO is trading below fair value by more than 20%.

Key Valuation Metric

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

Key metric: As ECO is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for ECO. This is calculated by dividing ECO's market cap by their current revenue.
What is ECO's PS Ratio?
PS Ratio8.7x
SalesNOK 451.25m
Market CapNOK 3.94b

Price to Sales Ratio vs Peers

How does ECO's PS Ratio compare to its peers?

The above table shows the PS ratio for ECO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.7x
SMCRT SmartCraft
10x16.2%NOK 4.8b
VOLUE Volue
3.8x16.2%NOK 6.0b
LINK LINK Mobility Group Holding
1x11.2%NOK 6.7b
PEXIP Pexip Holding
4.1x11.8%NOK 4.4b
ECO EcoOnline Holding
8.7x21.1%NOK 3.9b

Price-To-Sales vs Peers: ECO is good value based on its Price-To-Sales Ratio (8.7x) compared to the peer average (10.7x).

Price to Sales Ratio vs Industry

How does ECO's PS Ratio compare vs other companies in the NO Software Industry?

1 CompanyPrice / SalesEstimated GrowthMarket Cap
QUEST Questback Group
0.3xn/aUS$4.30m
No more companies available in this PS range
ECO 8.7xIndustry Avg. 2.0xNo. of Companies2PS01.63.24.86.48+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: ECO is expensive based on its Price-To-Sales Ratio (8.7x) compared to the European Software industry average (3x)

Price to Sales Ratio vs Fair Ratio

What is ECO's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ECO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio8.7x
Fair PS Ratio2.7x

Price-To-Sales vs Fair Ratio: ECO is expensive based on its Price-To-Sales Ratio (8.7x) compared to the estimated Fair Price-To-Sales Ratio (2.7x).

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.

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