Scandinavian Enviro Systems Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: Insufficient data to calculate SES's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate SES's fair value for valuation analysis.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SES. This is calculated by dividing SES's market cap by their current earnings.
What is SES's PE Ratio?
PE Ratio	78.3x
Earnings	SEK 18.67m
Market Cap	SEK 1.46b

SES 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	10.7x
Enterprise Value/EBITDA	56.6x
PEG Ratio	-1.1x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SES 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	25.1x
SVIK Studsvik	33.5x	45.6%	SEK 984.6m
GREEN Green Landscaping Group	17.8x	20.6%	SEK 4.1b
NORVA Norva24 Group	26x	21.5%	SEK 5.0b
SDIP B Sdiptech	22.9x	21.7%	SEK 9.2b
SES Scandinavian Enviro Systems	78.3x	-69.4%	SEK 1.5b

Price-To-Earnings vs Peers: SES is expensive based on its Price-To-Earnings Ratio (78.3x) compared to the peer average (25.1x).

Price to Earnings Ratio vs Industry

How does SES's PE Ratio compare vs other companies in the European Commercial Services Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: SES is expensive based on its Price-To-Earnings Ratio (78.3x) compared to the European Commercial Services industry average (14.7x).

Price to Earnings Ratio vs Fair Ratio

What is SES'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.

SES PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	78.3x
Fair PE Ratio	4.8x

Price-To-Earnings vs Fair Ratio: SES is expensive based on its Price-To-Earnings Ratio (78.3x) compared to the estimated Fair Price-To-Earnings Ratio (4.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SES forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	SEK 1.81	SEK 6.50 +258.7%	23.1%	SEK 8.00	SEK 5.00	n/a	2
Nov ’25	SEK 2.00	SEK 6.50 +225.7%	23.1%	SEK 8.00	SEK 5.00	n/a	2
Oct ’25	SEK 2.23	SEK 6.50 +191.5%	23.1%	SEK 8.00	SEK 5.00	n/a	2
Sep ’25	SEK 2.40	SEK 6.50 +170.8%	23.1%	SEK 8.00	SEK 5.00	n/a	2
Aug ’25	SEK 2.57	SEK 6.50 +152.9%	23.1%	SEK 8.00	SEK 5.00	n/a	2
Jul ’25	SEK 2.23	SEK 6.50 +191.5%	23.1%	SEK 8.00	SEK 5.00	n/a	2
Jun ’25	SEK 2.35	SEK 6.50 +177.2%	23.1%	SEK 8.00	SEK 5.00	n/a	2

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.