Premium Snacks Nordic Valuation

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

SNX (SEK17.5) is trading below our estimate of [[fair value]] (SEK68.71)

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

Valuation Score

3/6

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

Below Fair Value: SNX (SEK17.5) is trading below our estimate of fair value (SEK68.71)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SNX. This is calculated by dividing SNX's market cap by their current earnings.
What is SNX's PE Ratio?
PE Ratio	25.3x
Earnings	SEK 9.18m
Market Cap	SEK 231.90m

SNX 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	0.6x
Enterprise Value/EBITDA	9x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SNX 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	27x
CHEF Cheffelo	12.9x	22.6%	SEK 311.9m
SKMO Skåne-möllan	34.6x	n/a	SEK 550.0m
MSON B Midsona	42.6x	53.0%	SEK 1.3b
SCST Scandi Standard	18.1x	19.6%	SEK 5.4b
SNX Premium Snacks Nordic	25.3x	n/a	SEK 231.9m

Price-To-Earnings vs Peers: SNX is good value based on its Price-To-Earnings Ratio (25.3x) compared to the peer average (27x).

Price to Earnings Ratio vs Industry

How does SNX's PE Ratio compare vs other companies in the European Food Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: SNX is expensive based on its Price-To-Earnings Ratio (25.3x) compared to the European Food industry average (13.4x).

Price to Earnings Ratio vs Fair Ratio

What is SNX'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.

SNX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	25.3x
Fair PE Ratio	n/a

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