Sonel Valuation

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

Below Fair Value: SON (PLN14.3) is trading below our estimate of fair value (PLN56.24)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SON. This is calculated by dividing SON's market cap by their current earnings.
What is SON's PE Ratio?
PE Ratio	12x
Earnings	zł16.64m
Market Cap	zł200.20m

SON 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	0.9x
Enterprise Value/EBITDA	9.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SON 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	23.3x
APN Aplisens	7.9x	n/a	zł212.7m
INL Introl	8.1x	n/a	zł238.5m
VGO VIGO Photonics	66x	36.9%	zł365.7m
APT Apator	11.4x	21.0%	zł489.2m
SON Sonel	12x	n/a	zł200.2m

Price-To-Earnings vs Peers: SON is good value based on its Price-To-Earnings Ratio (12x) compared to the peer average (23.3x).

Price to Earnings Ratio vs Industry

How does SON's PE Ratio compare vs other companies in the European Electronic Industry?

4 Companies	Price / Earnings	Estimated Growth	Market Cap

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: SON is good value based on its Price-To-Earnings Ratio (12x) compared to the European Electronic industry average (17.8x).

Price to Earnings Ratio vs Fair Ratio

What is SON'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.

SON PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	12x
Fair PE Ratio	n/a

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