TRAC Relative Valuation - t42 IoT Tracking Solutions PLC - Alpha Spread

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: 4.25 GBX Market Closed
Market Cap: 2.3m 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 11.14 GBX. Compared to the current market price of 4.25 GBX, t42 IoT Tracking Solutions PLC is Undervalued by 62%.

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
11.14 GBX
Undervaluation 62%
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
2.2
vs History
vs Industry
Median 3Y
-3.7
Median 5Y
-5
Industry
23
vs History
vs Industry
Median 3Y
-16.3
Median 5Y
-27.1
Industry
16.9
vs History
vs Industry
Median 3Y
-6.7
Median 5Y
-16.1
Industry
21.8
vs History
vs Industry
15
Median 3Y
-1.9
Median 5Y
1.2
Industry
2.7
vs History
3
vs Industry
2
Median 3Y
60.2
Median 5Y
47.1
Industry
2.2
vs History
25
vs Industry
1
Median 3Y
119.5
Median 5Y
112.8
Industry
4.6
vs History
3
vs Industry
0
Median 3Y
-127.2
Median 5Y
-207.8
Industry
12.9
vs History
vs Industry
Median 3Y
-132
Median 5Y
-2 075.6
Industry
16.4
vs History
vs Industry
Median 3Y
-524.5
Median 5Y
-1 282.2
Industry
15.5
vs History
vs Industry
Median 3Y
-280.7
Median 5Y
-725.6
Industry
18.6
vs History
12
vs Industry
1
Median 3Y
63.2
Median 5Y
50.2
Industry
2.3

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
2.3m GBP 0.8 -7.3 733.1 -2 085
US
Microsoft Corp
NASDAQ:MSFT
3.3T USD 13.3 37 24.7 29.8
US
Oracle Corp
NYSE:ORCL
464.4B USD 8.6 42.3 23.2 31.7
US
ServiceNow Inc
NYSE:NOW
189.4B USD 19 165.3 113.2 172.8
US
Palo Alto Networks Inc
NASDAQ:PANW
109.2B USD 13.6 42.4 91 120
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
69B USD 19.6 405.3 273.8 1 134.8
US
VMware Inc
XETRA:BZF1
58B EUR 4.7 45.2 20.9 35.3
US
Fortinet Inc
NASDAQ:FTNT
57.8B USD 10.4 44 35.6 38.4
US
Xperi Holding Corp
LSE:0M2A
54.6B USD 152.1 1 182.6 262.9 466.6
US
Zscaler Inc
NASDAQ:ZS
26.3B USD 12.1 -456 -617.8 -206.2
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
21.6B USD 8.7 25.8 21 22.6

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