Alkemy SpA
MIL:ALK

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Alkemy SpA
MIL:ALK
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Price: 12 EUR Market Closed
Market Cap: €69.5m

P/FCFE

42.7
Current
15%
More Expensive
vs 3-y average of 37

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
42.7
=
Market Cap
€69.5m
/
Free Cash Flow to Equity
€1.6m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
42.7
=
Market Cap
€69.5m
/
Free Cash Flow to Equity
€1.6m

Valuation Scenarios

Alkemy SpA is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (37), the stock would be worth €10.4 (13% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-63%
Maximum Upside
No Upside Scenarios
Average Downside
47%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 42.7 €12
0%
3-Year Average 37 €10.4
-13%
5-Year Average 17.8 €4.99
-58%
Industry Average 15.9 €4.46
-63%
Country Average 19.4 €5.46
-55%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
IT
Alkemy SpA
MIL:ALK
69.5m EUR 42.7 -4.4
UK
Relx PLC
LSE:REL
48.2B GBP 17.2 23.3
UK
IHS Markit Ltd
F:0M3
37.9B EUR 60 36.5
CA
Thomson Reuters Corp
TSX:TRI
54.7B CAD 35.5 26.9
IE
Experian PLC
LSE:EXPN
24.3B GBP 22.3 24.1
US
Verisk Analytics Inc
NASDAQ:VRSK
26B USD 9.4 28.7
CH
SGS SA
SIX:SGSN
16.2B CHF 9.9 24.4
US
Equifax Inc
NYSE:EFX
20.6B USD 13.9 29.5
US
Leidos Holdings Inc
NYSE:LDOS
18.4B USD 12.8 12.7
US
UL Solutions Inc
NYSE:ULS
17.7B USD 0 0
NL
Wolters Kluwer NV
AEX:WKL
14.9B EUR 7.3 11.4
P/E Multiple
Earnings Growth PEG
IT
Alkemy SpA
MIL:ALK
Average P/E: 24.2
Negative Multiple: -4.4
N/A N/A
UK
Relx PLC
LSE:REL
23.3
16%
1.5
UK
I
IHS Markit Ltd
F:0M3
36.5
N/A N/A
CA
Thomson Reuters Corp
TSX:TRI
26.9
20%
1.3
IE
Experian PLC
LSE:EXPN
24.1
20%
1.2
US
Verisk Analytics Inc
NASDAQ:VRSK
28.7
12%
2.4
CH
SGS SA
SIX:SGSN
24.4
12%
2
US
Equifax Inc
NYSE:EFX
29.5
32%
0.9
US
Leidos Holdings Inc
NYSE:LDOS
12.7
7%
1.8
US
U
UL Solutions Inc
NYSE:ULS
Not Available
20%
N/A
NL
Wolters Kluwer NV
AEX:WKL
11.4
7%
1.6

Market Distribution

Higher than 81% of companies in Italy
Percentile
81th
Based on 563 companies
81th percentile
42.7
Low
0.9 — 11.9
Typical Range
11.9 — 28.4
High
28.4 —
Distribution Statistics
Italy
Min 0.9
30th Percentile 11.9
Median 19.4
70th Percentile 28.4
Max 10 354.4

Alkemy SpA
Glance View

Alkemy SpA provides marketing and information technology consulting services. The company is headquartered in Milan, Milano and currently employs 783 full-time employees. The company went IPO on 2017-12-05. The firm focuses on the development of digital transformation technologies, including design and implementation of solutions for the digitalization of business-to-business (B2B) and business-to-consumer (B2C) channels. Its offer comprises creation of digital and omnichannel strategies, data analytics and customer relationship management (CRM) tools, design of online stores, online content production, development of cross-channel campaigns, social media management, user experience (UX) design, execution of Websites and mobile applications, search engine optimization (SEO), retargeting, as well as integrated channel planning, among others.

ALK Intrinsic Value
17.59 EUR
Undervaluation 32%
Intrinsic Value
Price €12
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