BPC Instruments Valuation

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

BPCINS (SEK37.1) is trading below our estimate of [[fair value]] (SEK50.33)

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

Below Fair Value: BPCINS (SEK37.1) is trading below our estimate of fair value (SEK50.33)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for BPCINS. This is calculated by dividing BPCINS's market cap by their current earnings.
What is BPCINS's PE Ratio?
PE Ratio	28.6x
Earnings	SEK 13.56m
Market Cap	SEK 387.84m

BPCINS 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	6.2x
Enterprise Value/EBITDA	21.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for BPCINS 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	26x
SGG Sensys Gatso Group	54.5x	n/a	SEK 588.0m
INT Intellego Technologies	11.2x	n/a	SEK 925.7m
IS Image Systems	15.3x	24.9%	SEK 174.0m
FIRE Firefly	23.2x	n/a	SEK 1.1b
BPCINS BPC Instruments	28.6x	n/a	SEK 387.8m

Price-To-Earnings vs Peers: BPCINS is expensive based on its Price-To-Earnings Ratio (28.6x) compared to the peer average (26x).

Price to Earnings Ratio vs Industry

How does BPCINS's PE Ratio compare vs other companies in the European Electronic Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: BPCINS is expensive based on its Price-To-Earnings Ratio (28.6x) compared to the European Electronic industry average (18x).

Price to Earnings Ratio vs Fair Ratio

What is BPCINS'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.

BPCINS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	28.6x
Fair PE Ratio	n/a

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

Discover undervalued companies

DistIT

SEK 68.8m

Distributes accessories for IT, mobility, home electronics, network, and data communications in Sweden, Finland, Denmark, Norway, and rest of Europe.

DIST

SEK 2.45

-11.6%

-50.5%

Nordic LEVEL Group AB (publ.)

SEK 137.6m

Provides safety and security solutions primarily in Sweden.

LEVEL

SEK 0.72

-10.0%

4.7%

Hexagon

SEK 252.9b

Provides geospatial and industrial enterprise solutions worldwide.

HEXA B

SEK 94.22

-4.7%

-8.5%