Instalco Valuation
Is INSTAL undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
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 INSTAL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: INSTAL (SEK47.28) is trading below our estimate of fair value (SEK112.51)
Significantly Below Fair Value: INSTAL is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for INSTAL?
Other financial metrics that can be useful for relative valuation.
| What is INSTAL's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | SEK 12.47b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.1x |
| Enterprise Value/EBITDA | 13.9x |
| PEG Ratio | 1.2x |
Price to Earnings Ratio vs Peers
How does INSTAL's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 19x | ||
OX2 OX2 | 34.1x | 42.2% | SEK 16.1b |
NCC B NCC | 10.8x | 1.1% | SEK 15.0b |
PEAB B Peab | 15.2x | 13.1% | SEK 20.8b |
FG Fasadgruppen Group | 15.9x | 38.8% | SEK 2.9b |
INSTAL Instalco | 21.7x | 18.2% | SEK 12.5b |
Price-To-Earnings vs Peers: INSTAL is expensive based on its Price-To-Earnings Ratio (21.7x) compared to the peer average (19x).
Price to Earnings Ratio vs Industry
How does INSTAL's PE Ratio compare vs other companies in the European Construction Industry?
Price-To-Earnings vs Industry: INSTAL is expensive based on its Price-To-Earnings Ratio (21.7x) compared to the European Construction industry average (12.5x).
Price to Earnings Ratio vs Fair Ratio
What is INSTAL'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 | 21.7x |
| Fair PE Ratio | 25.8x |
Price-To-Earnings vs Fair Ratio: INSTAL is good value based on its Price-To-Earnings Ratio (21.7x) compared to the estimated Fair Price-To-Earnings Ratio (25.8x).
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 | SEK 47.28 | SEK 48.50 +2.6% | 11.8% | SEK 56.00 | SEK 40.00 | n/a | 4 |
| Jul ’25 | SEK 40.96 | SEK 48.50 +18.4% | 11.8% | SEK 56.00 | SEK 40.00 | n/a | 4 |
| Jun ’25 | SEK 39.96 | SEK 48.50 +21.4% | 11.8% | SEK 56.00 | SEK 40.00 | n/a | 4 |
| May ’25 | SEK 39.12 | SEK 49.33 +26.1% | 13.8% | SEK 56.00 | SEK 40.00 | n/a | 3 |
| Apr ’25 | SEK 42.28 | SEK 49.33 +16.7% | 13.8% | SEK 56.00 | SEK 40.00 | n/a | 3 |
| Mar ’25 | SEK 37.72 | SEK 49.33 +30.8% | 13.8% | SEK 56.00 | SEK 40.00 | n/a | 3 |
| Feb ’25 | SEK 42.34 | SEK 54.50 +28.7% | 21.9% | SEK 72.00 | SEK 40.00 | n/a | 4 |
| Jan ’25 | SEK 40.90 | SEK 54.00 +32.0% | 22.7% | SEK 72.00 | SEK 40.00 | n/a | 4 |
| Dec ’24 | SEK 34.14 | SEK 54.00 +58.2% | 22.7% | SEK 72.00 | SEK 40.00 | n/a | 4 |
| Nov ’24 | SEK 32.06 | SEK 55.25 +72.3% | 19.8% | SEK 72.00 | SEK 45.00 | n/a | 4 |
| Oct ’24 | SEK 32.50 | SEK 61.00 +87.7% | 16.7% | SEK 72.00 | SEK 45.00 | n/a | 4 |
| Sep ’24 | SEK 35.96 | SEK 63.50 +76.6% | 10.2% | SEK 72.00 | SEK 55.00 | n/a | 4 |
| Aug ’24 | SEK 41.30 | SEK 72.75 +76.2% | 10.9% | SEK 86.00 | SEK 65.00 | SEK 49.52 | 4 |
| Jul ’24 | SEK 53.85 | SEK 73.50 +36.5% | 9.9% | SEK 86.00 | SEK 68.00 | SEK 40.96 | 4 |
| Jun ’24 | SEK 55.35 | SEK 73.50 +32.8% | 9.9% | SEK 86.00 | SEK 68.00 | SEK 39.96 | 4 |
| May ’24 | SEK 53.80 | SEK 66.25 +23.1% | 10.8% | SEK 78.00 | SEK 60.00 | SEK 39.12 | 4 |
| Apr ’24 | SEK 49.98 | SEK 65.50 +31.1% | 11.1% | SEK 78.00 | SEK 60.00 | SEK 42.28 | 4 |
| Mar ’24 | SEK 49.36 | SEK 65.50 +32.7% | 11.1% | SEK 78.00 | SEK 60.00 | SEK 37.72 | 4 |
| Feb ’24 | SEK 41.37 | SEK 59.25 +43.2% | 14.0% | SEK 71.00 | SEK 50.00 | SEK 42.34 | 4 |
| Jan ’24 | SEK 39.63 | SEK 59.25 +49.5% | 14.0% | SEK 71.00 | SEK 50.00 | SEK 40.90 | 4 |
| Dec ’23 | SEK 43.00 | SEK 59.75 +39.0% | 14.4% | SEK 71.00 | SEK 50.00 | SEK 34.14 | 4 |
| Nov ’23 | SEK 45.34 | SEK 65.67 +44.8% | 11.8% | SEK 75.00 | SEK 56.00 | SEK 32.06 | 3 |
| Oct ’23 | SEK 44.85 | SEK 78.00 +73.9% | 15.4% | SEK 94.00 | SEK 65.00 | SEK 32.50 | 3 |
| Sep ’23 | SEK 51.09 | SEK 78.00 +52.7% | 15.4% | SEK 94.00 | SEK 65.00 | SEK 35.96 | 3 |
| Aug ’23 | SEK 49.00 | SEK 83.00 +69.4% | 15.3% | SEK 92.00 | SEK 65.00 | SEK 41.30 | 3 |
Analyst Forecast: Target price is less than 20% higher than the current share price.