t42 IoT Tracking Solutions PLC
LSE:TRAC

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t42 IoT Tracking Solutions PLC Logo
t42 IoT Tracking Solutions PLC
LSE:TRAC
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Price: 3.25 GBX -7.14% Market Closed
Market Cap: 1.8m GBX
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Relative Value

TRAC doesn't have a meaningful market cap.

The Relative Value of one TRAC stock under the Base Case scenario is 12.58 GBX. Compared to the current market price of 3.25 GBX, t42 IoT Tracking Solutions PLC is Undervalued by 74%.

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.

TRAC Relative Value
Base Case
12.58 GBX
Undervaluation 74%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
26
vs Industry
68
Median 3Y
1
Median 5Y
0.8
Industry
2.4
vs History
vs Industry
Median 3Y
-3.9
Median 5Y
-4.8
Industry
23.2
vs History
vs Industry
Median 3Y
-12.7
Median 5Y
-24.9
Industry
17.4
vs History
vs Industry
Median 3Y
-9.2
Median 5Y
-14
Industry
21.3
vs History
vs Industry
15
Median 3Y
-2.2
Median 5Y
1.2
Industry
2.9
vs History
3
vs Industry
2
Median 3Y
61.1
Median 5Y
47.4
Industry
2.4
vs History
25
vs Industry
1
Median 3Y
119.6
Median 5Y
113.6
Industry
4.9
vs History
3
vs Industry
0
Median 3Y
-127.2
Median 5Y
-205
Industry
12.9
vs History
vs Industry
Median 3Y
-135.5
Median 5Y
-2 075.6
Industry
16.5
vs History
vs Industry
Median 3Y
-538.5
Median 5Y
-1 275.5
Industry
16.3
vs History
vs Industry
Median 3Y
-288.2
Median 5Y
-725.6
Industry
19
vs History
12
vs Industry
1
Median 3Y
64.4
Median 5Y
50.5
Industry
2.5

Multiples Across Competitors

TRAC Competitors Multiples
t42 IoT Tracking Solutions PLC Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
JE
t42 IoT Tracking Solutions PLC
LSE:TRAC
1.8m GBP 0.6 -5.3 730.7 -2 078.2
US
Microsoft Corp
NASDAQ:MSFT
3.2T USD 12.8 35.9 23.3 28.6
US
Oracle Corp
NYSE:ORCL
474.4B USD 8.6 40.8 23.3 31.4
US
ServiceNow Inc
NYSE:NOW
225.1B USD 21.5 168.5 121.3 175.7
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
89.2B USD 23.9 704.2 433.3 -83 221.9
US
Fortinet Inc
NASDAQ:FTNT
74.2B USD 13 48.5 41.4 44.4
US
Palo Alto Networks Inc
NASDAQ:PANW
61.2B USD 7.4 22.4 44.3 57.7
US
VMware Inc
XETRA:BZF1
58B EUR 4.4 42.4 19.6 33.2
US
Xperi Holding Corp
LSE:0M2A
54.6B USD 158.9 1 322.6 292.5 517.1
US
Zscaler Inc
NASDAQ:ZS
28.7B USD 12.5 -792.5 -1 648.6 -256.3
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
20.7B USD 8.2 24.7 20.2 22
P/E Multiple
Earnings Growth P/E to Growth
JE
t42 IoT Tracking Solutions PLC
LSE:TRAC
Average P/E: 267.8
Negative Multiple: -5.3
N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
35.9
53%
0.7
US
Oracle Corp
NYSE:ORCL
40.8
120%
0.3
US
ServiceNow Inc
NYSE:NOW
168.5
145%
1.2
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
704.2
1 458%
0.5
US
Fortinet Inc
NASDAQ:FTNT
48.5
88%
0.5
US
Palo Alto Networks Inc
NASDAQ:PANW
22.4
9%
2.6
US
V
VMware Inc
XETRA:BZF1
42.4
169%
0.3
US
Xperi Holding Corp
LSE:0M2A
1 322.6
N/A N/A
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -792.5 N/A N/A
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
24.7
45%
0.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
JE
t42 IoT Tracking Solutions PLC
LSE:TRAC
Average EV/EBITDA: 175
730.7
N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
23.3
56%
0.4
US
Oracle Corp
NYSE:ORCL
23.3
86%
0.3
US
ServiceNow Inc
NYSE:NOW
121.3
343%
0.4
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
433.3
922%
0.5
US
Fortinet Inc
NASDAQ:FTNT
41.4
95%
0.4
US
Palo Alto Networks Inc
NASDAQ:PANW
44.3
225%
0.2
US
V
VMware Inc
XETRA:BZF1
19.6
70%
0.3
US
Xperi Holding Corp
LSE:0M2A
292.5
N/A N/A
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -1 648.6 N/A N/A
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
20.2
33%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
JE
t42 IoT Tracking Solutions PLC
LSE:TRAC
Average EV/EBIT: 113.8
Negative Multiple: -2 078.2
N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
28.6
52%
0.5
US
Oracle Corp
NYSE:ORCL
31.4
110%
0.3
US
ServiceNow Inc
NYSE:NOW
175.7
562%
0.3
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -83 221.9
13 392%
N/A
US
Fortinet Inc
NASDAQ:FTNT
44.4
98%
0.5
US
Palo Alto Networks Inc
NASDAQ:PANW
57.7
312%
0.2
US
V
VMware Inc
XETRA:BZF1
33.2
119%
0.3
US
Xperi Holding Corp
LSE:0M2A
517.1
N/A N/A
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -256.3 N/A N/A
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
22
37%
0.6

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