ED Invest Spólka Akcyjna Valuation

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

EDI (PLN6.38) is trading below our estimate of [[fair value]] (PLN65.56)

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

Valuation Score

4/6

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

Below Fair Value: EDI (PLN6.38) is trading below our estimate of fair value (PLN65.56)

Significantly Below Fair Value: EDI is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for EDI. This is calculated by dividing EDI's market cap by their current earnings.
What is EDI's PE Ratio?
PE Ratio	6.8x
Earnings	zł9.38m
Market Cap	zł63.34m

EDI 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	0.7x
Enterprise Value/EBITDA	5x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for EDI 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	22.5x
QRT Quart Development	63.3x	n/a	zł48.5m
HMI HM Inwest	12.4x	n/a	zł112.6m
KCI KCI Spolka Akcyjna	10x	n/a	zł54.2m
RNK Rank Progress	4.3x	n/a	zł251.9m
EDI ED Invest Spólka Akcyjna	6.8x	n/a	zł63.3m

Price-To-Earnings vs Peers: EDI is good value based on its Price-To-Earnings Ratio (6.8x) compared to the peer average (22.5x).

Price to Earnings Ratio vs Industry

How does EDI's PE Ratio compare vs other companies in the PL Real Estate Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap
ATL Atlas Estates	0.8x	n/a	US$13.35m
EFK Korporacja Gospodarcza efekt	0.8x	n/a	US$8.40m
CPD CPD	0.1x	n/a	US$1.90m

No more companies available in this PE range

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: EDI is good value based on its Price-To-Earnings Ratio (6.8x) compared to the Polish Real Estate industry average (9.2x).

Price to Earnings Ratio vs Fair Ratio

What is EDI'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.

EDI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	6.8x
Fair PE Ratio	n/a

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