UNIOR Kovaska industrija d.d Valuation

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

Below Fair Value: UKIG (€8.2) is trading below our estimate of fair value (€79.16)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for UKIG. This is calculated by dividing UKIG's market cap by their current revenue.
What is UKIG's PS Ratio?
PS Ratio	0.08x
Sales	€295.76m
Market Cap	€22.68m

UKIG 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	0.5x
Enterprise Value/EBITDA	4.8x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for UKIG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.2x
A012620 Wonil Special Steel	0.08x	n/a	₩31.9b
5603 Kogi	0.1x	n/a	JP¥3.7b
SALSTEEL S.A.L. Steel	0.4x	n/a	₹2.1b
DTL Dai Thien Loc	0.3x	n/a	₫612.4b
UKIG UNIOR Kovaska industrija d.d	0.08x	n/a	€22.7m

Price-To-Sales vs Peers: UKIG is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.2x).

Price to Sales Ratio vs Industry

How does UKIG's PS Ratio compare vs other companies in the European Metals and Mining Industry?

35 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	0.7x	2.0%
UKIG UNIOR Kovaska industrija d.d	0.08x	n/a	US$23.87m

35 Companies		Estimated Growth	Market Cap
Industry Avg.	0.7x	28.0%
UKIG UNIOR Kovaska industrija d.d	0.08x	n/a	US$23.87m

No more companies

Price-To-Sales vs Industry: UKIG is good value based on its Price-To-Sales Ratio (0.1x) compared to the European Metals and Mining industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is UKIG'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.

UKIG PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.08x
Fair PS Ratio	n/a

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