Enea AB (publ)

OM:ENEA Stock Report

Market Cap: SEK 2.0b

Enea Valuation

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

Valuation Score

5/6

Valuation Score 5/6

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

Discounted Cash Flow
Simply Wall St
SEK 195.96
Fair Value
50.0% undervalued intrinsic discount
2
Number of Analysts

Below Fair Value: ENEA (SEK98) is trading below our estimate of fair value (SEK195.96)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ENEA. This is calculated by dividing ENEA's market cap by their current earnings.
What is ENEA's PE Ratio?
PE Ratio13.7x
EarningsSEK 143.10m
Market CapSEK 1.96b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ENEA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.2x
SOF B Softronic
14.2xn/aSEK 1.2b
EXS Exsitec Holding
23.7x18.1%SEK 1.8b
PACT Proact IT Group
13.4x5.4%SEK 3.2b
PREV B Prevas
13.6x19.2%SEK 1.3b
ENEA Enea
13.7x1.5%SEK 2.0b

Price-To-Earnings vs Peers: ENEA is good value based on its Price-To-Earnings Ratio (13.7x) compared to the peer average (16.2x).

Price to Earnings Ratio vs Industry

How does ENEA'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
ENEA 13.7xIndustry Avg. 15.1xNo. of Companies5PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ENEA is good value based on its Price-To-Earnings Ratio (13.7x) compared to the Swedish IT industry average (15.4x).

Price to Earnings Ratio vs Fair Ratio

What is ENEA'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.

ENEA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.7x
Fair PE Ratio21.8x

Price-To-Earnings vs Fair Ratio: ENEA is good value based on its Price-To-Earnings Ratio (13.7x) compared to the estimated Fair Price-To-Earnings Ratio (21.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ENEA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 98.00
SEK 120.00
+22.4%
12.5%SEK 135.00SEK 105.00n/a2
Jun ’24SEK 49.70
SEK 95.50
+92.2%
0.5%SEK 96.00SEK 95.00SEK 80.002
May ’24SEK 67.60
SEK 95.50
+41.3%
0.5%SEK 96.00SEK 95.00SEK 60.302
Apr ’24SEK 98.10
SEK 113.50
+15.7%
20.7%SEK 137.00SEK 90.00SEK 51.502
Mar ’24SEK 103.00
SEK 113.50
+10.2%
20.7%SEK 137.00SEK 90.00SEK 53.902
Feb ’24SEK 87.20
SEK 110.00
+26.1%
18.2%SEK 130.00SEK 90.00SEK 54.702
Analyst Price Target
Consensus Narrative from 2 Analysts
SEK 120.00
Fair Value
18.3% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 02:39
End of Day Share Price 2025/01/31 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Enea AB (publ) is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Frank MaaøDNB Markets
Daniel DjurbergNordea Markets