Careium AB (Publ)

OM:CARE Stock Report

Market Cap: SEK 698.2m

Careium Valuation

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

Valuation Score

5/6

Valuation Score 5/6

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

Below Fair Value: CARE (SEK28.4) is trading below our estimate of fair value (SEK56.81)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CARE. This is calculated by dividing CARE's market cap by their current earnings.
What is CARE's PE Ratio?
PE Ratio15.9x
EarningsSEK 43.40m
Market CapSEK 698.16m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CARE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.8x
CRAD B C-Rad
16.1x27.4%SEK 931.8m
ADDV A ADDvise Group
20.9x19.2%SEK 752.1m
PAX Paxman
45.6x60.8%SEK 1.2b
STIL Stille
36.6x36.8%SEK 1.9b
CARE Careium
15.9x16.5%SEK 690.9m

Price-To-Earnings vs Peers: CARE is good value based on its Price-To-Earnings Ratio (15.9x) compared to the peer average (29.8x).

Price to Earnings Ratio vs Industry

How does CARE's PE Ratio compare vs other companies in the European Medical Equipment Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CARE 15.9xIndustry Avg. 29.1xNo. of Companies7PE01632486480+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CARE is good value based on its Price-To-Earnings Ratio (15.9x) compared to the European Medical Equipment industry average (29.1x).

Price to Earnings Ratio vs Fair Ratio

What is CARE'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.

CARE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.9x
Fair PE Ratio19.1x

Price-To-Earnings vs Fair Ratio: CARE is good value based on its Price-To-Earnings Ratio (15.9x) compared to the estimated Fair Price-To-Earnings Ratio (19x).

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.

Discover undervalued companies

Dignitana

SEK 96.7m

A medical technology company, engages in the development, production, and marketing of medical cooling devices in the United States and internationally.

DIGN

SEK 1.20

7D

10.1%

1Y

-45.5%

Iconovo

SEK 79.9m

Develops and licenses inhalation medications in Sweden.

ICO

SEK 5.02

7D

-1.6%

1Y

-46.3%

Getinge

SEK 45.0b

Provides products and solutions for operating rooms, intensive-care units, and sterilization departments.

GETI B

SEK 165.35

7D

-11.6%

1Y

-26.1%