Lena Lighting Valuation

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

LEN (PLN3.05) is trading above our estimate of [[fair value]] (PLN0.47)

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: LEN (PLN3.05) is trading above our estimate of fair value (PLN0.47)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for LEN. This is calculated by dividing LEN's market cap by their current earnings.
What is LEN's PE Ratio?
PE Ratio	14.2x
Earnings	zł5.34m
Market Cap	zł75.87m

LEN 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	0.5x
Enterprise Value/EBITDA	6.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for LEN 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	33.8x
RSP Remor Solar Polska	47x	n/a	zł65.3m
ELQ ELQ	37.6x	n/a	zł256.0m
ELT Elektrotim	10.3x	n/a	zł422.8m
BOW Bowim	40.5x	n/a	zł72.6m
LEN Lena Lighting	14.2x	n/a	zł75.9m

Price-To-Earnings vs Peers: LEN is good value based on its Price-To-Earnings Ratio (14.2x) compared to the peer average (33.8x).

Price to Earnings Ratio vs Industry

How does LEN's PE Ratio compare vs other companies in the European Electrical Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: LEN is good value based on its Price-To-Earnings Ratio (14.2x) compared to the European Electrical industry average (16.6x).

Price to Earnings Ratio vs Fair Ratio

What is LEN'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.

LEN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	14.2x
Fair PE Ratio	n/a

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