Atrem Valuation

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

ATR (PLN11.4) is trading above our estimate of [[fair value]] (PLN11.18)

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

Below Fair Value: ATR (PLN11.4) is trading above our estimate of fair value (PLN11.18)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ATR. This is calculated by dividing ATR's market cap by their current earnings.
What is ATR's PE Ratio?
PE Ratio	10x
Earnings	zł10.48m
Market Cap	zł105.22m

ATR 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	0.8x
Enterprise Value/EBITDA	10.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ATR 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	7.8x
NVA P.A. Nova	5.9x	n/a	zł137.1m
ZUE ZUE	8.9x	n/a	zł159.8m
FRB Forbuild	11.2x	n/a	zł61.9m
INK Instal Kraków	5.3x	n/a	zł262.3m
ATR Atrem	10x	n/a	zł105.2m

Price-To-Earnings vs Peers: ATR is expensive based on its Price-To-Earnings Ratio (10x) compared to the peer average (7.8x).

Price to Earnings Ratio vs Industry

How does ATR's PE Ratio compare vs other companies in the PL Construction Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: ATR is expensive based on its Price-To-Earnings Ratio (10x) compared to the Polish Construction industry average (9.6x).

Price to Earnings Ratio vs Fair Ratio

What is ATR'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.

ATR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	10x
Fair PE Ratio	n/a

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

Analyst Forecast: Insufficient data to show price forecast.

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