Autoventil a.d Valuation

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

AVEN (RSD2070) is trading below our estimate of [[fair value]] (RSD11180.73)

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

Below Fair Value: AVEN (RSD2070) is trading below our estimate of fair value (RSD11180.73)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for AVEN. This is calculated by dividing AVEN's market cap by their current earnings.
What is AVEN's PE Ratio?
PE Ratio	5.7x
Earnings	дин52.21m
Market Cap	дин298.79m

AVEN 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	0.4x
Enterprise Value/EBITDA	2.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for AVEN 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	15.8x
SSA Spectra Products	28x	n/a	CA$2.9m
SPTU S.C. Spit Bucovina	1.6x	n/a	RON 12.8m
AEGS PT. Anugerah Spareparts Sejahtera	31.4x	n/a	Rp34.2b
CDTI CDTi Advanced Materials	2.2x	n/a	US$1.8m
AVEN Autoventil a.d	5.7x	n/a	дин298.8m

Price-To-Earnings vs Peers: AVEN is good value based on its Price-To-Earnings Ratio (5.7x) compared to the peer average (15.6x).

Price to Earnings Ratio vs Industry

How does AVEN's PE Ratio compare vs other companies in the European Auto Components Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: AVEN is good value based on its Price-To-Earnings Ratio (5.7x) compared to the European Auto Components industry average (9.1x).

Price to Earnings Ratio vs Fair Ratio

What is AVEN'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.

AVEN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	5.7x
Fair PE Ratio	n/a

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