Lovisagruvan AB (publ)

NGM:LOVI Stock Report

Market Cap: SEK 99.8m

Lovisagruvan Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: LOVI (SEK29.2) is trading below our estimate of fair value (SEK32.11)

Significantly Below Fair Value: LOVI is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for LOVI. This is calculated by dividing LOVI's market cap by their current revenue.
What is LOVI's PS Ratio?
PS Ratio6.1x
SalesSEK 16.27m
Market CapSEK 99.76m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for LOVI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.6x
ABAS ABAS Protect
0.7xn/aSEK 66.1m
DRIL Drillcon
0.5xn/aSEK 202.0m
GRANGX Grangex
5.3xn/aSEK 148.6m
AUR Auriant Mining
0.2xn/aSEK 79.0m
LOVI Lovisagruvan
6.1xn/aSEK 99.8m

Price-To-Sales vs Peers: LOVI is expensive based on its Price-To-Sales Ratio (6.1x) compared to the peer average (0.9x).

Price to Sales Ratio vs Industry

How does LOVI's PS Ratio compare vs other companies in the SE Metals and Mining Industry?

5 CompaniesPrice / SalesEstimated GrowthMarket Cap
SSAB A SSAB
0.4x0.9%US$3.93b
PROF B ProfilGruppen
0.3xn/aUS$66.96m
DRIL Drillcon
0.5xn/aUS$18.32m
KOPY Kopy Goldfields
0.08xn/aUS$7.58m
LOVI 6.1xIndustry Avg. 0.7xNo. of Companies5PS02.44.87.29.612+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: LOVI is expensive based on its Price-To-Sales Ratio (6.1x) compared to the European Metals and Mining industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is LOVI'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.

LOVI PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio6.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate LOVI'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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/04/29 03:25
End of Day Share Price 2024/01/31 00:00
Earnings2024/03/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Lovisagruvan AB (publ) is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Johan WallABG Sundal Collier Sponsored