Elliptic Laboratories ASA

OB:ELABS Stock Report

Market Cap: NOK 1.1b

Elliptic Laboratories Valuation

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

Below Fair Value: Insufficient data to calculate ELABS's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ELABS's fair value for valuation analysis.


Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for ELABS. This is calculated by dividing ELABS's market cap by their current revenue.
What is ELABS's PS Ratio?
PS Ratio12.9x
SalesNOK 87.21m
Market CapNOK 1.12b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for ELABS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.2x
SPIR Spir Group
1xn/aNOK 1.1b
MNTR Mintra Holding
3.3x1.4%NOK 891.0m
ORN Ørn Software Holding
2.5x9.7%NOK 585.3m
RIVER River Tech
1.9xn/aNOK 337.1m
ELABS Elliptic Laboratories
12.9x65.7%NOK 1.1b

Price-To-Sales vs Peers: ELABS is expensive based on its Price-To-Sales Ratio (12.9x) compared to the peer average (2.1x).


Price to Sales Ratio vs Industry

How does ELABS'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
ELABS 12.9xIndustry Avg. 2.0xNo. of Companies2PS01.63.24.86.48+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: ELABS is expensive based on its Price-To-Sales Ratio (12.9x) compared to the European Software industry average (2x).


Price to Sales Ratio vs Fair Ratio

What is ELABS'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.

ELABS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio12.9x
Fair PS Ratio4.7x

Price-To-Sales vs Fair Ratio: ELABS is expensive based on its Price-To-Sales Ratio (12.9x) compared to the estimated Fair Price-To-Sales Ratio (4.7x).


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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