Serko Ltd
NZX:SKO

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Serko Ltd
NZX:SKO
Watchlist
Price: 3.4 NZD Market Closed
Market Cap: 418.6m NZD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one SKO stock under the Base Case scenario is 6.86 NZD. Compared to the current market price of 3.4 NZD, Serko Ltd is Undervalued by 50%.

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.

SKO Relative Value
Base Case
6.86 NZD
Undervaluation 50%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

5.6
P/S
P/S
Price to Sales
5.6
vs History
95
vs Industry
19
Median 3Y
8
Median 5Y
10.9
Industry
2.2
Forward
4.5
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-24.6
Median 5Y
-25.5
Industry
21.6
Forward
-35.1
More Details
49.9
P/OCF
P/OCF
Price to OCF
49.9
vs History
20
vs Industry
10
Median 3Y
-12.9
Median 5Y
-24
Industry
16.3
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-27.3
Median 5Y
-23.4
Industry
20.5
More Details
3.7
P/B
P/B
Price to Book Value
3.7
vs History
63
vs Industry
27
Median 3Y
3.7
Median 5Y
4.1
Industry
2.7
More Details
4.5
EV/S
EV/S
Enterprise Value to Sales
4.5
vs History
93
vs Industry
23
Median 3Y
6.5
Median 5Y
8.5
Industry
2.2
Forward
3.6
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
4.5
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
Median 3Y
-16.1
Median 5Y
-20
Industry
12.1
Forward
203.1
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
Median 3Y
-16.1
Median 5Y
-20
Industry
15.5
Forward
-25.3
More Details
40.2
EV/OCF
EV/OCF
Enterprise Value to OCF
40.2
vs History
20
vs Industry
12
Median 3Y
-9.1
Median 5Y
-20.5
Industry
14.7
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-23.6
Median 5Y
-23.4
Industry
17.6
More Details
7.7
EV/IC
EV/IC
Enterprise Value to IC
7.7
vs History
69
vs Industry
11
Median 3Y
7.8
Median 5Y
8.7
Industry
2.3
More Details

Multiples Across Competitors

SKO Competitors Multiples
Serko Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
NZ
Serko Ltd
NZX:SKO
416.6m NZD 5.6 -30.1 -19.2 -19.2
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
DE
SAP SE
XETRA:SAP
283.4B EUR 8.1 49.4 26.7 30.5
US
Salesforce Inc
NYSE:CRM
253.3B USD 6.7 40.9 22.2 32.3
US
Palantir Technologies Inc
NYSE:PLTR
245.5B USD 85.7 531.2 702.6 774.1
US
Intuit Inc
NASDAQ:INTU
172B USD 10 56.6 36.1 43.2
US
Adobe Inc
NASDAQ:ADBE
158.9B USD 7.2 23.5 17.5 19.4
US
NCR Corp
LSE:0K45
111.1B USD 39.3 117.8 329.8 2 718.9
US
Applovin Corp
NASDAQ:APP
91.1B USD 19.3 57.8 40.4 50.1
US
Microstrategy Inc
NASDAQ:MSTR
86.1B USD 185.8 -73.8 -2 058.3 -1 477.6
US
Cadence Design Systems Inc
NASDAQ:CDNS
77.2B USD 16.6 73.1 48.5 55.3
P/S Multiple
Revenue Growth P/S to Growth
NZ
Serko Ltd
NZX:SKO
Average P/S: 21 299.6
5.6
31%
0.2
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
DE
SAP SE
XETRA:SAP
8.1
13%
0.6
US
Salesforce Inc
NYSE:CRM
6.7
9%
0.7
US
Palantir Technologies Inc
NYSE:PLTR
85.7
32%
2.7
US
Intuit Inc
NASDAQ:INTU
10
13%
0.8
US
Adobe Inc
NASDAQ:ADBE
7.2
10%
0.7
US
N
NCR Corp
LSE:0K45
39.3
-8%
N/A
US
Applovin Corp
NASDAQ:APP
19.3
21%
0.9
US
Microstrategy Inc
NASDAQ:MSTR
185.8
3%
61.9
US
Cadence Design Systems Inc
NASDAQ:CDNS
16.6
13%
1.3
P/E Multiple
Earnings Growth PEG
NZ
Serko Ltd
NZX:SKO
Average P/E: 118.8
Negative Multiple: -30.1 		N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
DE
SAP SE
XETRA:SAP
49.4
50%
1
US
Salesforce Inc
NYSE:CRM
40.9
32%
1.3
US
Palantir Technologies Inc
NYSE:PLTR
531.2
68%
7.8
US
Intuit Inc
NASDAQ:INTU
56.6
34%
1.7
US
Adobe Inc
NASDAQ:ADBE
23.5
26%
0.9
US
N
NCR Corp
LSE:0K45
117.8
-51%
N/A
US
Applovin Corp
NASDAQ:APP
57.8
39%
1.5
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -73.8 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
73.1
33%
2.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NZ
Serko Ltd
NZX:SKO
Average EV/EBITDA: 153
Negative Multiple: -19.2 		N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
DE
SAP SE
XETRA:SAP
26.7
19%
1.4
US
Salesforce Inc
NYSE:CRM
22.2
21%
1.1
US
Palantir Technologies Inc
NYSE:PLTR
702.6
105%
6.7
US
Intuit Inc
NASDAQ:INTU
36.1
29%
1.2
US
Adobe Inc
NASDAQ:ADBE
17.5
17%
1
US
N
NCR Corp
LSE:0K45
329.8
11%
30
US
Applovin Corp
NASDAQ:APP
40.4
38%
1.1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -2 058.3 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
48.5
25%
1.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NZ
Serko Ltd
NZX:SKO
Average EV/EBIT: 465.5
Negative Multiple: -19.2 		N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
DE
SAP SE
XETRA:SAP
30.5
21%
1.5
US
Salesforce Inc
NYSE:CRM
32.3
33%
1
US
Palantir Technologies Inc
NYSE:PLTR
774.1
108%
7.2
US
Intuit Inc
NASDAQ:INTU
43.2
35%
1.2
US
Adobe Inc
NASDAQ:ADBE
19.4
20%
1
US
N
NCR Corp
LSE:0K45
2 718.9
84%
32.4
US
Applovin Corp
NASDAQ:APP
50.1
40%
1.3
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 477.6 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
55.3
27%
2

See Also

Summary
SKO intrinsic value, competitors valuation, and company profile.
DCF Valuation
SKO stock valuation using Discount Cash Flow valuation method.
Relative Valuation
SKO stock valuation using valuation multiples.
Wall Street Estimates
SKO price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
SKO stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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