Advenica Valuation

Q: What is the Fair Price of ADVE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ADVE (SEK10.45) is trading below our estimate of [[fair value]] (SEK18.07)

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

Below Fair Value: ADVE (SEK10.45) is trading below our estimate of fair value (SEK18.07)

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

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for ADVE. This is calculated by dividing ADVE's market cap by their current preferred multiple.
What is ADVE's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	n/a

ADVE 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	2.5x
Enterprise Value/EBITDA	75.9x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ADVE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	63.8x
MSAB B Micro Systemation	70.4x	53.8%	SEK 978.8m
UPSALE Upsales Technology	24.6x	13.8%	SEK 532.1m
OPTER Opter	40.8x	n/a	SEK 723.0m
YUBICO Yubico	119.3x	42.2%	SEK 23.1b
ADVE Advenica	79.5x	n/a	SEK 459.7m

Price-To-Earnings vs Peers: ADVE is expensive based on its Price-To-Earnings Ratio (79.5x) compared to the peer average (63.8x).

Price to Earnings Ratio vs Industry

How does ADVE's PE Ratio compare vs other companies in the SE Software Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	42.7%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	42.7%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: ADVE is expensive based on its Price-To-Earnings Ratio (79.5x) compared to the European Software industry average (29.6x).

Price to Earnings Ratio vs Fair Ratio

What is ADVE'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.

ADVE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	79.5x
Fair PE Ratio	n/a

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