Solidx Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: SOLIDX (SEK2.32) is trading below our estimate of fair value (SEK4.56)

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


Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for SOLIDX. This is calculated by dividing SOLIDX's market cap by their current revenue.
What is SOLIDX's PS Ratio?
PS Ratio0.6x
SalesSEK 129.24m
Market CapSEK 83.41m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for SOLIDX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.7x
CYB1 Cyber Security 1
0.2xn/a€10.7m
NODE Nodebis Applications
1.4x9.8%SEK 87.0m
TPGR Time People Group
0.2xn/aSEK 62.0m
DIAH Diadrom Holding
0.8xn/aSEK 56.1m
SOLIDX Solidx
0.6xn/aSEK 83.4m

Price-To-Sales vs Peers: SOLIDX is good value based on its Price-To-Sales Ratio (0.6x) compared to the peer average (0.7x).


Price to Sales Ratio vs Industry

How does SOLIDX's PS Ratio compare vs other companies in the SE IT Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
QLOSR B Qlosr Group
0.02x10.3%US$784.83k
HUBSO HUBSO Group
0.07xn/aUS$138.12k
No more companies available in this PS range
SOLIDX 0.6xIndustry Avg. 0.8xNo. of Companies5PS00.61.21.82.43+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: SOLIDX is good value based on its Price-To-Sales Ratio (0.6x) compared to the Swedish IT industry average (0.8x).


Price to Sales Ratio vs Fair Ratio

What is SOLIDX'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.

SOLIDX PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.6x
Fair PS Ration/a

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