Kmc Properties ASA (OSE:KMCP)

Watchlist Manager

Watchlist

Price: 3.06 NOK 1.32%

Market Cap: 1.3B NOK

Have any thoughts about
Kmc Properties ASA?

Write Note

Section:

Relative Value

The Relative Value of one KMCP stock under the Base Case scenario is 3.97 NOK. Compared to the current market price of 3.06 NOK, Kmc Properties ASA is Undervalued by 23%.

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.

What is Relative Valuation?

How is Relative Value calculated?

KMCP Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

2.8

P/S

vs History	69
vs Industry	64

Median 5Y

6.6

Industry

3.8

Forward

27.2

More Details

46.4

P/E

vs History	6
vs Industry	2

Median 5Y

6.4

Industry

16.5

Forward

82.4

More Details

3.3

P/OCF

vs History	76
vs Industry	62

Median 5Y

7.6

Industry

More Details

2.3

P/FCFE

vs History	49
vs Industry	49

Median 5Y

2.2

Industry

12.9

More Details

0.4

P/B

vs History	85
vs Industry	77

Median 5Y

Industry

0.8

More Details

10.5

EV/S

vs History	68
vs Industry	44

Median 5Y

13.8

Industry

6.7

Forward

100.5

More Details

10.6

EV/GP

vs History	66
vs Industry	62

Median 5Y

Industry

11.9

More Details

12.5

EV/EBITDA

vs History	66
vs Industry	58

Median 5Y

16.2

Industry

Forward

115.3

More Details

12.5

EV/EBIT

vs History	66
vs Industry	58

Median 5Y

16.2

Industry

Forward

115.3

More Details

12.1

EV/OCF

vs History	46
vs Industry	52

Median 5Y

11.8

Industry

18.2

More Details

12.1

EV/FCFF

vs History	26
vs Industry	45

Median 5Y

9.7

Industry

19.9

More Details

0.7

EV/IC

vs History	53
vs Industry	57

Median 5Y

0.8

Industry

0.7

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
NO	K	Kmc Properties ASA OSE:KMCP	1.3B NOK	2.8	46.4	12.5	12.5
PL	G	Globe Trade Centre SA JSE:GTC	1.3T Zac	0	0	0	0
DE		Vonovia SE XETRA:VNA	26.8B EUR	55.5	-9.4	-36.9	-33.1
PH	S	SM Prime Holdings Inc XPHS:SMPH	868.6B PHP	6.5	20.4	14.7	18
SE	S	Sagax AB STO:SAGA A	124.5B SEK	26.9	55.1	41.9	41.9
SG		Capitaland Investment Ltd SGX:9CI	14.2B SGD	5.1	78.6	23.8	27.9
HK	S	Swire Properties Ltd HKEX:1972	81.3B HKD	5.5	36.8	13.6	13.6
DE		Deutsche Wohnen SE XETRA:DWNI	9.2B EUR	11.6	-48.1	22.2	36.1
SE		Fastighets AB Balder STO:BALD B	96.6B SEK	7.8	-17.1	37.7	38.3
CH		Swiss Prime Site AG SIX:SPSN	7.5B CHF	11.3	40.4	30.1	30.6
TH		Central Pattana PCL SET:CPN	298.5B THB	6	17.7	13.9	20

				Revenue Growth
NO	K	Kmc Properties ASA OSE:KMCP	Average P/S: 13.9 2.8	-87%
PL	G	Globe Trade Centre SA JSE:GTC	Not Available	8%
DE		Vonovia SE XETRA:VNA	55.5	N/A
PH	S	SM Prime Holdings Inc XPHS:SMPH	6.5	30%
SE	S	Sagax AB STO:SAGA A	26.9	35%
SG		Capitaland Investment Ltd SGX:9CI	5.1	18%
HK	S	Swire Properties Ltd HKEX:1972	5.5	20%
DE		Deutsche Wohnen SE XETRA:DWNI	11.6	16%
SE		Fastighets AB Balder STO:BALD B	7.8	16%
CH		Swiss Prime Site AG SIX:SPSN	11.3	-12%
TH		Central Pattana PCL SET:CPN	6	28%

				Earnings Growth
NO	K	Kmc Properties ASA OSE:KMCP	Average P/E: 42.2 46.4	N/A
PL	G	Globe Trade Centre SA JSE:GTC	Not Available	601%
DE		Vonovia SE XETRA:VNA	Negative Multiple: -9.4	N/A
PH	S	SM Prime Holdings Inc XPHS:SMPH	20.4	35%
SE	S	Sagax AB STO:SAGA A	55.1	N/A
SG		Capitaland Investment Ltd SGX:9CI	78.6	476%
HK	S	Swire Properties Ltd HKEX:1972	36.8	228%
DE		Deutsche Wohnen SE XETRA:DWNI	Negative Multiple: -48.1	N/A
SE		Fastighets AB Balder STO:BALD B	Negative Multiple: -17.1	N/A
CH		Swiss Prime Site AG SIX:SPSN	40.4	26%
TH		Central Pattana PCL SET:CPN	17.7	26%

				EBITDA Growth
NO	K	Kmc Properties ASA OSE:KMCP	Average EV/EBITDA: 23.4 12.5	-87%
PL	G	Globe Trade Centre SA JSE:GTC	Not Available	18%
DE		Vonovia SE XETRA:VNA	Negative Multiple: -36.9	N/A
PH	S	SM Prime Holdings Inc XPHS:SMPH	14.7	30%
SE	S	Sagax AB STO:SAGA A	41.9	52%
SG		Capitaland Investment Ltd SGX:9CI	23.8	98%
HK	S	Swire Properties Ltd HKEX:1972	13.6	30%
DE		Deutsche Wohnen SE XETRA:DWNI	22.2	21%
SE		Fastighets AB Balder STO:BALD B	37.7	79%
CH		Swiss Prime Site AG SIX:SPSN	30.1	9%
TH		Central Pattana PCL SET:CPN	13.9	28%

				EBIT Growth
NO	K	Kmc Properties ASA OSE:KMCP	Average EV/EBIT: 26.5 12.5	-87%
PL	G	Globe Trade Centre SA JSE:GTC	Not Available	48%
DE		Vonovia SE XETRA:VNA	Negative Multiple: -33.1	N/A
PH	S	SM Prime Holdings Inc XPHS:SMPH	18	33%
SE	S	Sagax AB STO:SAGA A	41.9	71%
SG		Capitaland Investment Ltd SGX:9CI	27.9	141%
HK	S	Swire Properties Ltd HKEX:1972	13.6	29%
DE		Deutsche Wohnen SE XETRA:DWNI	36.1	123%
SE		Fastighets AB Balder STO:BALD B	38.3	99%
CH		Swiss Prime Site AG SIX:SPSN	30.6	12%
TH		Central Pattana PCL SET:CPN	20	33%

US	Johnson & Johnson NYSE:JNJ	Pharmaceuticals
US	Berkshire Hathaway Inc NYSE:BRK.A	Financial Services
US	Bank of America Corp NYSE:BAC	Banking
US	Mastercard Inc NYSE:MA	Technology
US	Abbvie Inc NYSE:ABBV	Biotechnology
US	Pfizer Inc NYSE:PFE	Pharmaceuticals
US	Palantir Technologies Inc NYSE:PLTR	Technology
US	Nike Inc NYSE:NKE	Textiles, Apparel & Luxury Goods
US	Visa Inc NYSE:V	Technology
CN	Alibaba Group Holding Ltd NYSE:BABA	Retail
US	3M Co NYSE:MMM	Industrial Conglomerates
US	JPMorgan Chase & Co NYSE:JPM	Banking
US	Coca-Cola Co NYSE:KO	Beverages
US	Realty Income Corp NYSE:O	Real Estate
US	Walt Disney Co NYSE:DIS	Media
US	PayPal Holdings Inc NASDAQ:PYPL	Technology

	Johnson & Johnson NYSE:JNJ	US
	Berkshire Hathaway Inc NYSE:BRK.A	US
	Bank of America Corp NYSE:BAC	US
	Mastercard Inc NYSE:MA	US
	Abbvie Inc NYSE:ABBV	US
	Pfizer Inc NYSE:PFE	US
	Palantir Technologies Inc NYSE:PLTR	US
	Nike Inc NYSE:NKE	US
	Visa Inc NYSE:V	US
	Alibaba Group Holding Ltd NYSE:BABA	CN
	3M Co NYSE:MMM	US
	JPMorgan Chase & Co NYSE:JPM	US
	Coca-Cola Co NYSE:KO	US
	Realty Income Corp NYSE:O	US
	Walt Disney Co NYSE:DIS	US
	PayPal Holdings Inc NASDAQ:PYPL	US

Kmc Properties ASA
OSE:KMCP

Relative Value

Valuation Multiples

Multiples Across Competitors

KMCP Competitors Multiples
Kmc Properties ASA Competitors

See Also

Company

Help

Tools

Stocks

52 Week Range	1.62 7.84
Price Target

Kmc Properties ASA OSE:KMCP

Relative Value

Valuation Multiples

Multiples Across Competitors

KMCP Competitors Multiples Kmc Properties ASA Competitors

See Also

Company

Help

Tools

Stocks

Kmc Properties ASA
OSE:KMCP

KMCP Competitors Multiples
Kmc Properties ASA Competitors