Provide IT Sweden AB (publ)

NGM:PROVIT Stock Report

Market Cap: SEK 14.8m

Provide IT Sweden Valuation

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

Below Fair Value: PROVIT (SEK2.22) is trading below our estimate of fair value (SEK13.76)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PROVIT. This is calculated by dividing PROVIT's market cap by their current earnings.
What is PROVIT's PE Ratio?
PE Ratio16.7x
EarningsSEK 887.24k
Market CapSEK 14.80m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PROVIT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.9x
EXALT Exalt
20.8xn/aSEK 23.5m
TALK TalkPool
5.7xn/aSEK 44.7m
PRCO B Precio Fishbone
12.3xn/aSEK 212.9m
DEVP B DevPort
9xn/aSEK 286.2m
PROVIT Provide IT Sweden
16.7xn/aSEK 14.8m

Price-To-Earnings vs Peers: PROVIT is good value based on its Price-To-Earnings Ratio (16.7x) compared to the peer average (25x).


Price to Earnings Ratio vs Industry

How does PROVIT's PE Ratio compare vs other companies in the SE IT Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
PROVIT 16.7xIndustry Avg. 15.1xNo. of Companies4PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PROVIT is expensive based on its Price-To-Earnings Ratio (16.7x) compared to the Swedish IT industry average (16.3x).


Price to Earnings Ratio vs Fair Ratio

What is PROVIT'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.

PROVIT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.7x
Fair PE Ration/a

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


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