Fabryki Mebli FORTE Valuation
Is FTE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
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 FTE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: FTE (PLN22.8) is trading below our estimate of fair value (PLN31.94)
Significantly Below Fair Value: FTE is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FTE?
Other financial metrics that can be useful for relative valuation.
What is FTE's n/a Ratio? | |
---|---|
n/a | 0x |
n/a | n/a |
Market Cap | zł543.23m |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 0.7x |
Enterprise Value/EBITDA | 8.4x |
PEG Ratio | -14.5x |
Price to Earnings Ratio vs Peers
How does FTE's PE Ratio compare to its peers?
Company | Forward PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 10.3x | ||
DCR Decora | 11.9x | n/a | zł702.4m |
LTX Lentex | 10.7x | n/a | zł241.4m |
TOA TOYA | 8.6x | n/a | zł608.6m |
WIK Wikana | 10x | n/a | zł172.9m |
FTE Fabryki Mebli FORTE | 7.7x | -0.5% | zł545.6m |
Price-To-Earnings vs Peers: FTE is good value based on its Price-To-Earnings Ratio (7.7x) compared to the peer average (10.3x).
Price to Earnings Ratio vs Industry
How does FTE's PE Ratio compare vs other companies in the European Consumer Durables Industry?
Price-To-Earnings vs Industry: FTE is good value based on its Price-To-Earnings Ratio (7.7x) compared to the European Consumer Durables industry average (13.8x).
Price to Earnings Ratio vs Fair Ratio
What is FTE'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.
Fair Ratio | |
---|---|
Current PE Ratio | 7.7x |
Fair PE Ratio | 6.2x |
Price-To-Earnings vs Fair Ratio: FTE is expensive based on its Price-To-Earnings Ratio (7.7x) compared to the estimated Fair Price-To-Earnings Ratio (6.2x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
---|---|---|---|---|---|---|---|
Current | zł22.70 | zł21.97 -3.2% | 11.1% | zł25.30 | zł19.50 | n/a | 3 |
May ’25 | zł23.00 | zł21.97 -4.5% | 11.1% | zł25.30 | zł19.50 | n/a | 3 |
Apr ’25 | zł23.00 | zł22.40 -2.6% | 12.9% | zł25.30 | zł19.50 | n/a | 2 |
Mar ’25 | zł23.50 | zł22.40 -4.7% | 12.9% | zł25.30 | zł19.50 | n/a | 2 |
Feb ’25 | zł23.60 | zł21.95 -7.0% | 11.2% | zł24.40 | zł19.50 | n/a | 2 |
Jan ’25 | zł22.80 | zł21.95 -3.7% | 11.2% | zł24.40 | zł19.50 | n/a | 2 |
Dec ’24 | zł21.90 | zł21.95 +0.2% | 11.2% | zł24.40 | zł19.50 | n/a | 2 |
Nov ’24 | zł18.80 | zł22.30 +18.6% | 8.1% | zł24.40 | zł20.00 | n/a | 3 |
Oct ’24 | zł25.00 | zł22.30 -10.8% | 8.1% | zł24.40 | zł20.00 | n/a | 3 |
Sep ’24 | zł27.20 | zł22.30 -18.0% | 8.1% | zł24.40 | zł20.00 | n/a | 3 |
Aug ’24 | zł26.30 | zł22.30 -15.2% | 8.1% | zł24.40 | zł20.00 | n/a | 3 |
Jul ’24 | zł24.40 | zł22.30 -8.6% | 8.1% | zł24.40 | zł20.00 | n/a | 3 |
Jun ’24 | zł25.50 | zł22.30 -12.5% | 8.1% | zł24.40 | zł20.00 | n/a | 3 |
May ’24 | zł27.00 | zł22.30 -17.4% | 8.1% | zł24.40 | zł20.00 | zł23.00 | 3 |
Apr ’24 | zł27.10 | zł21.73 -19.8% | 8.8% | zł24.40 | zł20.00 | zł23.00 | 3 |
Mar ’24 | zł23.00 | zł21.73 -5.5% | 8.8% | zł24.40 | zł20.00 | zł23.50 | 3 |
Feb ’24 | zł23.40 | zł21.73 -7.1% | 8.8% | zł24.40 | zł20.00 | zł23.60 | 3 |
Jan ’24 | zł20.20 | zł26.00 +28.7% | 30.5% | zł37.20 | zł20.00 | zł22.80 | 3 |
Dec ’23 | zł22.10 | zł26.00 +17.6% | 30.5% | zł37.20 | zł20.00 | zł21.90 | 3 |
Nov ’23 | zł18.60 | zł38.00 +104.3% | 37.8% | zł56.00 | zł20.80 | zł18.80 | 3 |
Oct ’23 | zł24.90 | zł46.60 +87.1% | 20.2% | zł56.00 | zł37.20 | zł25.00 | 2 |
Sep ’23 | zł29.00 | zł46.60 +60.7% | 20.2% | zł56.00 | zł37.20 | zł27.20 | 2 |
Aug ’23 | zł28.90 | zł46.60 +61.2% | 20.2% | zł56.00 | zł37.20 | zł26.30 | 2 |
Jul ’23 | zł37.00 | zł59.15 +59.9% | 5.3% | zł62.30 | zł56.00 | zł24.40 | 2 |
Jun ’23 | zł37.00 | zł59.15 +59.9% | 5.3% | zł62.30 | zł56.00 | zł25.50 | 2 |
May ’23 | zł38.20 | zł59.15 +54.8% | 5.3% | zł62.30 | zł56.00 | zł27.00 | 2 |
Analyst Forecast: Target price is lower than the current share price.