Toleranzia Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for TOL. This is calculated by dividing TOL's market cap by their current revenue.
What is TOL's PS Ratio?
PS Ratio	3.2x
Sales	SEK 35.16m
Market Cap	SEK 111.94m

TOL 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	3.4x
Enterprise Value/EBITDA	-15.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for TOL 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	17.7x
BIOVIC B Biovica International	22.5x	81.7%	SEK 162.6m
ACOU AcouSort	20.5x	56.4%	SEK 170.2m
DEX Dextech Medical	16.6x	n/a	SEK 71.7m
NXTCL NextCell Pharma	11.4x	n/a	SEK 128.6m
TOL Toleranzia	3.2x	n/a	SEK 111.9m

Price-To-Sales vs Peers: TOL is good value based on its Price-To-Sales Ratio (3.2x) compared to the peer average (17.7x).

Price to Sales Ratio vs Industry

How does TOL's PS Ratio compare vs other companies in the SE Biotechs Industry?

5 Companies	Price / Sales	Estimated Growth	Market Cap
XBRANE Xbrane Biopharma	1.5x	61.1%	US$27.38m
SPRINT Sprint Bioscience	1.7x	27.6%	US$9.61m
PMDS PMD Device Solutions	0.8x	62.0%	US$3.00m
GEAN Genetic Analysis	1x	n/a	US$1.83m

5 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: TOL is good value based on its Price-To-Sales Ratio (3.2x) compared to the Swedish Biotechs industry average (11.8x).

Price to Sales Ratio vs Fair Ratio

What is TOL'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.

TOL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	3.2x
Fair PS Ratio	n/a

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