Zaklady Urzadzen Kotlowych Staporków Valuation

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

ZUK (PLN2) is trading above our estimate of [[fair value]] (PLN0.22)

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

Below Fair Value: ZUK (PLN2) is trading above our estimate of fair value (PLN0.22)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for ZUK. This is calculated by dividing ZUK's market cap by their current revenue.
What is ZUK's PS Ratio?
PS Ratio	0.4x
Sales	zł36.39m
Market Cap	zł13.01m

ZUK 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	-48.7x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for ZUK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.3x
HPS Hydrapres	0.4x	n/a	zł15.1m
ENI Energoinstal	0.3x	n/a	zł23.4m
MOJ MOJ	0.2x	n/a	zł14.7m
AZC Aztec International	0.2x	n/a	zł6.5m
ZUK Zaklady Urzadzen Kotlowych Staporków	0.4x	n/a	zł13.0m

Price-To-Sales vs Peers: ZUK is expensive based on its Price-To-Sales Ratio (0.4x) compared to the peer average (0.3x).

Price to Sales Ratio vs Industry

How does ZUK's PS Ratio compare vs other companies in the PL Machinery Industry?

3 Companies	Price / Sales	Estimated Growth	Market Cap
PGV PGF Polska Grupa Fotowoltaiczna	0.06x	n/a	US$7.88m
OZE OZE Capital	0.05x	n/a	US$4.58m
URS Ursus	0.02x	n/a	US$175.45k

No more companies available in this PS range

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: ZUK is good value based on its Price-To-Sales Ratio (0.4x) compared to the Polish Machinery industry average (0.4x).

Price to Sales Ratio vs Fair Ratio

What is ZUK'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.

ZUK PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.4x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate ZUK's Price-To-Sales 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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