Altus Valuation

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

Below Fair Value: ALI (PLN2.17) is trading above our estimate of fair value (PLN2.09)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ALI. This is calculated by dividing ALI's market cap by their current earnings.
What is ALI's PE Ratio?
PE Ratio	8.1x
Earnings	zł10.97m
Market Cap	zł88.80m

ALI 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	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ALI 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	26.5x
CSR Caspar Asset Management	32.7x	n/a	zł65.6m
BBD BBI Development	1.1x	n/a	zł37.2m
IFC Investment Friends Capital	42.1x	n/a	zł26.5m
SKH Skarbiec Holding	30x	n/a	zł156.1m
ALI Altus	8.1x	n/a	zł88.8m

Price-To-Earnings vs Peers: ALI is good value based on its Price-To-Earnings Ratio (8.1x) compared to the peer average (26.5x).

Price to Earnings Ratio vs Industry

How does ALI's PE Ratio compare vs other companies in the PL Capital Markets Industry?

4 Companies	Price / Earnings	Estimated Growth	Market Cap
BBD BBI Development	1.1x	n/a	US$8.94m
SKL Skyline Investment	2.4x	n/a	US$8.74m
FMG Wise Energy	2.4x	n/a	US$5.16m
NTC New Tech Capital	0.8x	n/a	US$2.37m

No more companies available in this PE range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: ALI is good value based on its Price-To-Earnings Ratio (8.1x) compared to the Polish Capital Markets industry average (11.1x).

Price to Earnings Ratio vs Fair Ratio

What is ALI'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.

ALI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.1x
Fair PE Ratio	n/a

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