Elektro Maribor d.d.

LJSE:EMAG Stock Report

Market Cap: €100.0m

Elektro Maribor d.d Valuation

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

Below Fair Value: EMAG (€3) is trading above our estimate of fair value (€1.29)

Significantly Below Fair Value: EMAG is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for EMAG. This is calculated by dividing EMAG's market cap by their current earnings.
What is EMAG's PE Ratio?
PE Ratio9.6x
Earnings€10.43m
Market Cap€100.04m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for EMAG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.6x
ELOG Elektro Ljubljana d.d
16.9xn/a€104.1m
ECEG Elektro Celje d.d
14.9xn/a€63.5m
EGKG Elektro Gorenjska d. d
5.6xn/a€60.5m
NNSB TNS energo Nizhny Novgorod
44.9xn/a₽7.1b
EMAG Elektro Maribor d.d
9.6xn/a€100.0m

Price-To-Earnings vs Peers: EMAG is good value based on its Price-To-Earnings Ratio (9.6x) compared to the peer average (12.5x).

Price to Earnings Ratio vs Industry

How does EMAG's PE Ratio compare vs other companies in the European Electric Utilities Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
EMAG 9.6xIndustry Avg. 12.5xNo. of Companies10PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EMAG is good value based on its Price-To-Earnings Ratio (9.6x) compared to the European Electric Utilities industry average (12.5x).

Price to Earnings Ratio vs Fair Ratio

What is EMAG'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.

EMAG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.6x
Fair PE Ration/a

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

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