Sligro Food Group Valuation

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

SIGR.F ($12) is trading below our estimate of [[fair value]] ($48.26)

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: SIGR.F ($12) is trading below our estimate of fair value ($48.26)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SIGR.F?

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

The above table shows the Price to Earnings ratio for SIGR.F. This is calculated by dividing SIGR.F's market cap by their current earnings.
What is SIGR.F's PE Ratio?
PE Ratio	119.1x
Earnings	€4.00m
Market Cap	€477.21m

SIGR.F 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	0.3x
Enterprise Value/EBITDA	12.1x
PEG Ratio	1.6x

Price to Earnings Ratio vs Peers

How does SIGR.F's PE Ratio compare to its peers?

The above table shows the PE ratio for SIGR.F 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	19.4x
SPTN SpartanNash	14x	18.5%	US$634.6m
WILC G. Willi-Food International	12.9x	n/a	US$197.3m
CHEF Chefs' Warehouse	37.1x	22.1%	US$1.8b
ANDE Andersons	13.5x	18.2%	US$1.6b
SIGR.F Sligro Food Group	119.1x	72.7%	US$477.2m

Price-To-Earnings vs Peers: SIGR.F is expensive based on its Price-To-Earnings Ratio (119.1x) compared to the peer average (19.3x).

Price to Earnings Ratio vs Industry

How does SIGR.F's PE Ratio compare vs other companies in the US Consumer Retailing Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: SIGR.F is expensive based on its Price-To-Earnings Ratio (119.1x) compared to the US Consumer Retailing industry average (25.7x).

Price to Earnings Ratio vs Fair Ratio

What is SIGR.F'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.

SIGR.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	119.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SIGR.F'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?

The above table shows the analyst SIGR.F forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	n/a	US$14.66 0%	5.2%	US$15.20	US$13.58	n/a	3
Nov ’25	n/a	US$14.66 0%	5.2%	US$15.20	US$13.58	n/a	3
Oct ’25	n/a	US$19.28 0%	27.2%	US$26.70	US$15.58	n/a	3
Sep ’25	n/a	US$19.28 0%	27.2%	US$26.70	US$15.58	n/a	3
Aug ’25	n/a	US$18.87 0%	27.2%	US$26.13	US$15.24	n/a	3
Jul ’25	n/a	US$21.13 0%	15.7%	US$25.56	US$17.58	n/a	3
Jun ’25	n/a	US$21.13 0%	15.7%	US$25.56	US$17.58	n/a	3
May ’25	n/a	US$21.13 0%	15.7%	US$25.56	US$17.58	n/a	3
Apr ’25	n/a	US$21.37 0%	15.7%	US$25.86	US$17.78	n/a	3
Mar ’25	n/a	US$21.37 0%	15.7%	US$25.86	US$17.78	n/a	3
Feb ’25	n/a	US$21.97 0%	12.9%	US$25.93	US$19.45	n/a	3
Jan ’25	n/a	US$23.20 0%	11.7%	US$26.10	US$19.58	n/a	3
Dec ’24	n/a	US$23.20 0%	11.7%	US$26.10	US$19.58	n/a	3
Nov ’24	n/a	US$22.59 0%	11.7%	US$25.42	US$19.06	n/a	3
Oct ’24	US$17.87	US$22.40 +25.3%	14.9%	US$26.71	US$18.36	n/a	4
Sep ’24	n/a	US$22.40 0%	14.9%	US$26.71	US$18.36	n/a	4
Aug ’24	US$19.00	US$22.40 +17.9%	14.9%	US$26.71	US$18.36	n/a	4
Jul ’24	n/a	US$25.38 0%	4.3%	US$26.48	US$24.27	n/a	2
Jun ’24	n/a	US$25.38 0%	4.3%	US$26.48	US$24.27	n/a	2
May ’24	n/a	US$25.38 0%	4.3%	US$26.48	US$24.27	n/a	2
Apr ’24	n/a	US$24.56 0%	4.3%	US$25.63	US$23.49	n/a	2
Mar ’24	n/a	US$24.56 0%	4.3%	US$25.63	US$23.49	n/a	2
Feb ’24	n/a	US$23.94 0%	6.7%	US$25.53	US$22.34	n/a	2
Jan ’24	n/a	US$23.94 0%	6.7%	US$25.53	US$22.34	n/a	2
Dec ’23	n/a	US$23.43 0%	6.7%	US$24.99	US$21.87	n/a	2
Nov ’23	n/a	US$23.01 0%	7.3%	US$24.66	US$20.71	n/a	3

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.