We’ve recently updated our valuation analysis.

Oatly Group Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

OTLY 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/Revenue2.1x
Enterprise Value/EBITDA-4.3x
PEG Ration/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for OTLY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.4x
1.4x25.5%US$1.6b
SOVO Sovos Brands
1.8x6.7%US$1.4b
DOLE Dole
0.1x-0.4%US$1.1b
BYND Beyond Meat
2.5x3.7%US$1.1b
OTLY Oatly Group
1.9x17.6%US$1.4b


Price to Earnings Ratio vs Industry

How does OTLY's PE Ratio compare vs other companies in the US Food Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a9.1%
n/an/an/a


Price to Sales Ratio vs Fair Ratio

What is OTLY'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.

OTLY PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.9x
Fair PS Ratio1.1x

Price-To-Sales vs Fair Ratio: OTLY is expensive based on its Price-To-Sales Ratio (1.9x) compared to the estimated Fair Price-To-Sales Ratio (1.1x).


Share Price vs Fair Value

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


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 OTLY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$2.31
US$4.32
+86.9%
39.9%US$7.00US$2.00n/a12
Feb ’24US$2.59
US$4.32
+66.7%
39.9%US$7.00US$2.00n/a12
Jan ’24US$1.74
US$3.87
+122.2%
51.4%US$7.00US$1.50n/a12
Dec ’23US$1.65
US$4.21
+154.9%
42.3%US$7.00US$2.10n/a13
Nov ’23US$2.17
US$4.97
+129.1%
33.4%US$8.00US$3.00n/a13
Oct ’23US$2.63
US$5.34
+102.9%
31.2%US$9.00US$3.43n/a13
Sep ’23US$3.16
US$5.53
+75.1%
28.5%US$9.00US$3.50n/a13
Aug ’23US$3.92
US$7.44
+89.8%
45.3%US$14.00US$3.70n/a13
Jul ’23US$3.64
US$7.76
+113.3%
41.0%US$14.00US$4.00n/a14
Jun ’23US$4.05
US$7.91
+95.4%
39.0%US$14.00US$4.00n/a15
May ’23US$3.56
US$9.79
+175.1%
32.2%US$16.00US$5.50n/a16
Apr ’23US$5.08
US$9.98
+96.5%
32.0%US$16.00US$5.50n/a16
Mar ’23US$6.70
US$13.49
+101.4%
30.0%US$21.00US$7.00n/a16
Feb ’23US$7.30
US$14.24
+95.1%
32.1%US$23.00US$7.00US$2.5916
Jan ’23US$7.96
US$15.42
+93.7%
27.3%US$23.00US$7.80US$1.7415
Dec ’22US$8.40
US$15.42
+83.6%
27.3%US$23.00US$7.80US$1.6515
Nov ’22US$13.19
US$26.64
+102.0%
18.1%US$36.00US$20.00US$2.1714
Oct ’22US$14.75
US$27.07
+83.5%
17.9%US$36.00US$20.00US$2.6314
Sep ’22US$17.83
US$28.08
+57.5%
18.1%US$36.00US$20.00US$3.1612
Aug ’22US$17.75
US$30.92
+74.2%
9.6%US$35.00US$24.00US$3.9212
Jul ’22US$23.40
US$30.92
+32.1%
9.6%US$35.00US$24.00US$3.6412
Jun ’22US$25.15
US$33.00
+31.2%
0%US$33.00US$33.00US$4.051


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