Smartoptics Group Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: SMOP (NOK18.8) is trading below our estimate of fair value (NOK21.94)

Significantly Below Fair Value: SMOP 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 SMOP?

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

The above table shows the Price to Earnings ratio for SMOP. This is calculated by dividing SMOP's market cap by their current earnings.
What is SMOP's PE Ratio?
PE Ratio	51.3x
Earnings	US$3.23m
Market Cap	US$165.50m

SMOP 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	3x
Enterprise Value/EBITDA	35.7x
PEG Ratio	1.3x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SMOP 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	18.2x
ASTK Asetek	9.5x	n/a	NOK 615.3m
NORBT Norbit	33.5x	n/a	NOK 6.0b
8089 Comtrend	14.7x	n/a	NT$4.8b
KIT Kitron	15.1x	15.6%	NOK 6.3b
SMOP Smartoptics Group	51.3x	38.7%	NOK 1.8b

Price-To-Earnings vs Peers: SMOP is expensive based on its Price-To-Earnings Ratio (51.3x) compared to the peer average (18.2x).

Price to Earnings Ratio vs Industry

How does SMOP's PE Ratio compare vs other companies in the European Communications Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: SMOP is expensive based on its Price-To-Earnings Ratio (51.3x) compared to the Global Communications industry average (34.3x).

Price to Earnings Ratio vs Fair Ratio

What is SMOP'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.

SMOP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	51.3x
Fair PE Ratio	32.9x

Price-To-Earnings vs Fair Ratio: SMOP is expensive based on its Price-To-Earnings Ratio (51.3x) compared to the estimated Fair Price-To-Earnings Ratio (32.9x).

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.