Ennakl Automobiles Valuation

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

Below Fair Value: NAKL (TND10.85) is trading below our estimate of fair value (TND19.28)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for NAKL. This is calculated by dividing NAKL's market cap by their current earnings.
What is NAKL's PE Ratio?
PE Ratio	7.8x
Earnings	د.ت41.69m
Market Cap	د.ت325.50m

NAKL 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	5.5x
PEG Ratio	2.8x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for NAKL 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	34.9x
ARTES Automobile Réseau Tunisien et Services	10.7x	6.5%	د.ت288.0m
CITY City Cars	7.2x	1.1%	د.ت227.9m
MNP Société Nouvelle Maison de la Ville de Tunis	92.5x	6.3%	د.ت93.8m
A067990 Deutsch Motors	29.1x	n/a	₩137.0b
NAKL Ennakl Automobiles	7.8x	2.8%	د.ت325.5m

Price-To-Earnings vs Peers: NAKL is good value based on its Price-To-Earnings Ratio (7.8x) compared to the peer average (34.8x).

Price to Earnings Ratio vs Industry

How does NAKL's PE Ratio compare vs other companies in the African Specialty Retail Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: NAKL is good value based on its Price-To-Earnings Ratio (7.8x) compared to the African Specialty Retail industry average (10.1x).

Price to Earnings Ratio vs Fair Ratio

What is NAKL'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.

NAKL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	7.8x
Fair PE Ratio	15.3x

Price-To-Earnings vs Fair Ratio: NAKL is good value based on its Price-To-Earnings Ratio (7.8x) compared to the estimated Fair Price-To-Earnings Ratio (15.3x).

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.