Athanase Innovation Valuation

Is ATIN 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-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

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

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

Key Valuation Metric

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

Key metric: As ATIN is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for ATIN. This is calculated by dividing ATIN's market cap by their current revenue.
What is ATIN's PS Ratio?
PS Ratio	4x
Sales	SEK 136.73m
Market Cap	SEK 550.32m

ATIN 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	-4.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does ATIN's PS Ratio compare to its peers?

The above table shows the PS ratio for ATIN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	2.5x
CASE Case Group	3.8x	n/a	SEK 531.0m
LINC Linc	2.8x	n/a	SEK 4.3b
SEAF Seafire	0.3x	n/a	SEK 230.5m
TRAN A Transferator	3.3x	n/a	SEK 199.2m
ATIN Athanase Innovation	4x	n/a	SEK 550.3m

Price-To-Sales vs Peers: ATIN is expensive based on its Price-To-Sales Ratio (4x) compared to the peer average (2.5x).

Price to Sales Ratio vs Industry

How does ATIN's PS Ratio compare vs other companies in the SE Capital Markets Industry?

8 Companies	Price / Sales	Estimated Growth	Market Cap
RATO B Ratos	0.3x	4.5%	US$954.43m
NAVIGO STAM Navigo Invest	0.4x	12.5%	US$32.77m
SEAF Seafire	0.3x	n/a	US$20.84m
VO2 Vo2 Cap Holding	0.3x	9.6%	US$10.13m

8 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: ATIN is expensive based on its Price-To-Sales Ratio (4x) compared to the Swedish Capital Markets industry average (2.8x).

Price to Sales Ratio vs Fair Ratio

What is ATIN's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ATIN PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	4x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate ATIN's Price-To-Sales 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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