K2A Knaust & Andersson Fastigheter Valuation

Is K2A PREF 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-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 K2A PREF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate K2A PREF's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate K2A PREF's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for K2A PREF?

Key metric: As K2A PREF is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for K2A PREF. This is calculated by dividing K2A PREF's market cap by their current revenue.
What is K2A PREF's PS Ratio?
PS Ratio	1.9x
Sales	SEK 467.80m
Market Cap	SEK 875.83m

K2A PREF 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	16.6x
Enterprise Value/EBITDA	30.3x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does K2A PREF's PS Ratio compare to its peers?

The above table shows the PS ratio for K2A PREF 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	4.9x
STUDBO Studentbostäder i Norden	2x	11.9%	SEK 858.6m
LOGIST Logistri Fastighets	9.3x	n/a	SEK 1.2b
FNOVA B Fortinova Fastigheter	4.1x	n/a	SEK 1.5b
ACRI A Acrinova	4.3x	n/a	SEK 640.3m
K2A PREF K2A Knaust & Andersson Fastigheter	1.9x	-18.8%	SEK 875.8m

Price-To-Sales vs Peers: K2A PREF is good value based on its Price-To-Sales Ratio (1.9x) compared to the peer average (4.9x).

Price to Sales Ratio vs Industry

How does K2A PREF's PS Ratio compare vs other companies in the SE Real Estate Industry?

6 Companies	Price / Sales	Estimated Growth	Market Cap
HEIM PREF Heimstaden	0.1x	n/a	US$241.83m
WBGR B Wästbygg Gruppen	0.2x	0.2%	US$87.37m
FASTAT Aktiebolaget Fastator	0.2x	n/a	US$8.24m
SAMT B Samtrygg Group	0.07x	n/a	US$3.16m

6 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: K2A PREF is good value based on its Price-To-Sales Ratio (1.9x) compared to the Swedish Real Estate industry average (5.3x).

Price to Sales Ratio vs Fair Ratio

What is K2A PREF'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.

K2A PREF PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.9x
Fair PS Ratio	2.2x

Price-To-Sales vs Fair Ratio: K2A PREF is good value based on its Price-To-Sales Ratio (1.9x) compared to the estimated Fair Price-To-Sales Ratio (2.2x).

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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