Auction Technology Group Valuation

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

Below Fair Value: ATHG.F ($5.9) is trading below our estimate of fair value ($10.61)

Significantly Below Fair Value: ATHG.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 ATHG.F?

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

The above table shows the Price to Earnings ratio for ATHG.F. This is calculated by dividing ATHG.F's market cap by their current earnings.
What is ATHG.F's PE Ratio?
PE Ratio	36.2x
Earnings	UK£16.94m
Market Cap	UK£613.69m

ATHG.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	5.4x
Enterprise Value/EBITDA	15.3x
PEG Ratio	1.8x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ATHG.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	29x
CSV Carriage Services	18x	23.8%	US$617.3m
EWCZ European Wax Center	24.2x	28.0%	US$341.3m
OSW OneSpaWorld Holdings	38.6x	19.1%	US$2.0b
MCW Mister Car Wash	35.1x	22.7%	US$2.6b
ATHG.F Auction Technology Group	36.2x	20.0%	US$613.7m

Price-To-Earnings vs Peers: ATHG.F is good value based on its Price-To-Earnings Ratio (36.2x) compared to the peer average (72.5x).

Price to Earnings Ratio vs Industry

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

6 Companies	Price / Earnings	Estimated Growth	Market Cap
QSG QuantaSing Group	2.5x	-25.6%	US$136.98m
STG Sunlands Technology Group	1.5x	n/a	US$92.56m
RGS Regis	0.7x	n/a	US$57.08m
REDU RISE Education Cayman	1x	n/a	US$40.41m

6 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: ATHG.F is expensive based on its Price-To-Earnings Ratio (36.2x) compared to the US Consumer Services industry average (18.8x).

Price to Earnings Ratio vs Fair Ratio

What is ATHG.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.

ATHG.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	36.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ATHG.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?

Analyst Forecast: Insufficient data to show price forecast.