Kogan.com Ltd
ASX:KGN

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Kogan.com Ltd
ASX:KGN
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Price: 3.91 AUD 1.03%
Market Cap: 390.8m AUD

Relative Value

The Relative Value of one KGN stock under the Base Case scenario is 6.53 AUD. Compared to the current market price of 3.91 AUD, Kogan.com Ltd is Undervalued by 40%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

KGN Relative Value
Base Case
6.53 AUD
Undervaluation 40%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
69
vs Industry
27
Median 3Y
1
Median 5Y
1
Industry
0.6
Forward
0.7
vs History
vs Industry
1
Median 3Y
-8
Median 5Y
-7.9
Industry
17.2
Forward
20.7
vs History
44
vs Industry
13
Median 3Y
9.8
Median 5Y
9.8
Industry
8.6
vs History
66
vs Industry
11
Median 3Y
20.3
Median 5Y
20.6
Industry
17.6
vs History
12
vs Industry
15
Median 3Y
3.8
Median 5Y
3.9
Industry
1.7
vs History
66
vs Industry
33
Median 3Y
0.9
Median 5Y
0.9
Industry
0.7
Forward
0.7
vs History
82
vs Industry
40
Median 3Y
2.6
Median 5Y
2.8
Industry
2.4
vs History
30
vs Industry
15
Median 3Y
18.7
Median 5Y
18.2
Industry
8.7
Forward
8.5
vs History
30
vs Industry
23
Median 3Y
18.7
Median 5Y
18.2
Industry
13.3
Forward
13.7
vs History
44
vs Industry
16
Median 3Y
8.7
Median 5Y
8.9
Industry
10
vs History
34
vs Industry
19
Median 3Y
9.4
Median 5Y
8.3
Industry
14.2
vs History
15
vs Industry
8
Median 3Y
3.6
Median 5Y
3.8
Industry
1.1

Multiples Across Competitors

KGN Competitors Multiples
Kogan.com Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Kogan.com Ltd
ASX:KGN
388.3m AUD 0.8 -9.8 22.7 22.7
US
Amazon.com Inc
NASDAQ:AMZN
2.6T USD 3.8 34 18.5 33.6
ZA
Naspers Ltd
JSE:NPN
881.6B Zac 0 0 0 0
CN
Alibaba Group Holding Ltd
NYSE:BABA
399.2B USD 2.8 22.2 23 23
CN
PDD Holdings Inc
NASDAQ:PDD
159.1B USD 2.7 10.8 7.4 7.4
NL
Prosus NV
AEX:PRX
132.7B EUR 22.7 11.5 636.2 636.2
UY
MercadoLibre Inc
BMV:MELIN
1.9T MXN 4.1 52 27.2 33.6
AR
Mercadolibre Inc
NASDAQ:MELI
103.1B USD 3.9 49.6 25.9 32
US
DoorDash Inc
NASDAQ:DASH
90.3B USD 7.1 104.7 67.5 127.8
CN
Meituan
HKEX:3690
641.1B HKD 1.6 -288.3 -180.1 -180.1
CN
JD.Com Inc
HKEX:9618
373.3B HKD 0.3 10.4 11.1 11.1
P/S Multiple
Revenue Growth P/S to Growth
AU
Kogan.com Ltd
ASX:KGN
Average P/S: 5
0.8
8%
0.1
US
Amazon.com Inc
NASDAQ:AMZN
3.8
12%
0.3
ZA
N
Naspers Ltd
JSE:NPN
Not Available
22%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
2.8
9%
0.3
CN
PDD Holdings Inc
NASDAQ:PDD
2.7
13%
0.2
NL
Prosus NV
AEX:PRX
22.7
27%
0.8
UY
MercadoLibre Inc
BMV:MELIN
4.1
30%
0.1
AR
Mercadolibre Inc
NASDAQ:MELI
3.9
30%
0.1
US
D
DoorDash Inc
NASDAQ:DASH
7.1
27%
0.3
CN
Meituan
HKEX:3690
1.6
13%
0.1
CN
JD.Com Inc
HKEX:9618
0.3
9%
0
P/E Multiple
Earnings Growth PEG
AU
Kogan.com Ltd
ASX:KGN
Average P/E: 36.9
Negative Multiple: -9.8
N/A N/A
US
Amazon.com Inc
NASDAQ:AMZN
34
22%
1.5
ZA
N
Naspers Ltd
JSE:NPN
Not Available
2%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
22.2
17%
1.3
CN
PDD Holdings Inc
NASDAQ:PDD
10.8
10%
1.1
NL
Prosus NV
AEX:PRX
11.5
3%
3.8
UY
MercadoLibre Inc
BMV:MELIN
52
32%
1.6
AR
Mercadolibre Inc
NASDAQ:MELI
49.6
32%
1.6
US
D
DoorDash Inc
NASDAQ:DASH
104.7
162%
0.6
CN
Meituan
HKEX:3690
Negative Multiple: -288.3
2%
N/A
CN
JD.Com Inc
HKEX:9618
10.4
10%
1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Kogan.com Ltd
ASX:KGN
Average EV/EBITDA: 93.3
22.7
55%
0.4
US
Amazon.com Inc
NASDAQ:AMZN
18.5
28%
0.7
ZA
N
Naspers Ltd
JSE:NPN
Not Available
64%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
23
13%
1.8
CN
PDD Holdings Inc
NASDAQ:PDD
7.4
13%
0.6
NL
Prosus NV
AEX:PRX
636.2
75%
8.5
UY
MercadoLibre Inc
BMV:MELIN
27.2
31%
0.9
AR
Mercadolibre Inc
NASDAQ:MELI
25.9
31%
0.8
US
D
DoorDash Inc
NASDAQ:DASH
67.5
101%
0.7
CN
Meituan
HKEX:3690
Negative Multiple: -180.1
5%
N/A
CN
JD.Com Inc
HKEX:9618
11.1
7%
1.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Kogan.com Ltd
ASX:KGN
Average EV/EBIT: 103
22.7
38%
0.6
US
Amazon.com Inc
NASDAQ:AMZN
33.6
23%
1.5
ZA
N
Naspers Ltd
JSE:NPN
Not Available
111%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
23
14%
1.6
CN
PDD Holdings Inc
NASDAQ:PDD
7.4
13%
0.6
NL
Prosus NV
AEX:PRX
636.2
97%
6.6
UY
MercadoLibre Inc
BMV:MELIN
33.6
31%
1.1
AR
Mercadolibre Inc
NASDAQ:MELI
32
31%
1
US
D
DoorDash Inc
NASDAQ:DASH
127.8
281%
0.5
CN
Meituan
HKEX:3690
Negative Multiple: -180.1
1%
N/A
CN
JD.Com Inc
HKEX:9618
11.1
4%
2.8