Spir Group ASA
OSE:SPIR

Watchlist Manager
Spir Group ASA Logo
Spir Group ASA
OSE:SPIR
Watchlist
Price: 9.58 NOK 1.27% Market Closed
Market Cap: 1.3B NOK

Relative Value

The Relative Value of one SPIR stock under the Base Case scenario is 13.39 NOK. Compared to the current market price of 9.58 NOK, Spir Group ASA is Undervalued by 28%.

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.

SPIR Relative Value
Base Case
13.39 NOK
Undervaluation 28%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
35
vs Industry
69
Median 3Y
1
Median 5Y
1
Industry
2.4
Forward
1
vs History
36
vs Industry
Median 3Y
-36.1
Median 5Y
16.2
Industry
22.4
Forward
15.6
vs History
45
vs Industry
56
Median 3Y
5.7
Median 5Y
5.8
Industry
16.9
vs History
0
vs Industry
7
Median 3Y
2.2
Median 5Y
2.3
Industry
20.9
vs History
45
vs Industry
73
Median 3Y
1
Median 5Y
1.1
Industry
2.9
vs History
38
vs Industry
55
Median 3Y
1.5
Median 5Y
1.6
Industry
2.4
Forward
1.4
vs History
38
vs Industry
64
Median 3Y
2.4
Median 5Y
2.6
Industry
4.8
vs History
50
vs Industry
39
Median 3Y
9.5
Median 5Y
10.1
Industry
12.7
Forward
7
vs History
52
vs Industry
14
Median 3Y
36
Median 5Y
46
Industry
16.2
Forward
17.1
vs History
47
vs Industry
50
Median 3Y
8.3
Median 5Y
8.4
Industry
15.6
vs History
45
vs Industry
33
Median 3Y
21.4
Median 5Y
16.4
Industry
18.3
vs History
43
vs Industry
71
Median 3Y
0.8
Median 5Y
0.9
Industry
2.4

Multiples Across Competitors

SPIR Competitors Multiples
Spir Group ASA Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
NO
Spir Group ASA
OSE:SPIR
1.3B NOK 1.1 37.7 9.3 34.9
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
DE
SAP SE
XETRA:SAP
293.9B EUR 8.6 94.1 30.7 35.5
US
Salesforce Inc
NYSE:CRM
268.6B USD 7.1 43.3 23.6 34.3
US
Palantir Technologies Inc
NYSE:PLTR
207.2B USD 72.3 448.3 590.6 650.7
US
Adobe Inc
NASDAQ:ADBE
170.5B USD 7.7 25.3 18.8 20.8
US
Intuit Inc
NASDAQ:INTU
169B USD 9.8 55.6 35.4 42.5
US
NCR Corp
LSE:0K45
131.5B USD 46.5 139.5 390.2 3 216.8
US
Applovin Corp
NASDAQ:APP
106.8B USD 22.7 67.7 47.2 58.5
US
Microstrategy Inc
NASDAQ:MSTR
74.7B USD 161.2 -64 -1 807 -1 297.1
US
Cadence Design Systems Inc
NASDAQ:CDNS
71.9B USD 15.5 68.1 45.1 51.5
P/S Multiple
Revenue Growth P/S to Growth
NO
Spir Group ASA
OSE:SPIR
Average P/S: 21 296.7
1.1
N/A N/A
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
DE
SAP SE
XETRA:SAP
8.6
13%
0.7
US
Salesforce Inc
NYSE:CRM
7.1
10%
0.7
US
Palantir Technologies Inc
NYSE:PLTR
72.3
32%
2.3
US
Adobe Inc
NASDAQ:ADBE
7.7
10%
0.8
US
Intuit Inc
NASDAQ:INTU
9.8
13%
0.8
US
N
NCR Corp
LSE:0K45
46.5
-9%
N/A
US
Applovin Corp
NASDAQ:APP
22.7
21%
1.1
US
Microstrategy Inc
NASDAQ:MSTR
161.2
3%
53.7
US
Cadence Design Systems Inc
NASDAQ:CDNS
15.5
13%
1.2
P/E Multiple
Earnings Growth PEG
NO
Spir Group ASA
OSE:SPIR
Average P/E: 108.8
37.7
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
DE
SAP SE
XETRA:SAP
94.1
49%
1.9
US
Salesforce Inc
NYSE:CRM
43.3
31%
1.4
US
Palantir Technologies Inc
NYSE:PLTR
448.3
71%
6.3
US
Adobe Inc
NASDAQ:ADBE
25.3
27%
0.9
US
Intuit Inc
NASDAQ:INTU
55.6
35%
1.6
US
N
NCR Corp
LSE:0K45
139.5
-49%
N/A
US
Applovin Corp
NASDAQ:APP
67.7
39%
1.7
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -64 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
68.1
32%
2.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NO
Spir Group ASA
OSE:SPIR
Average EV/EBITDA: 132.3
9.3
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
DE
SAP SE
XETRA:SAP
30.7
19%
1.6
US
Salesforce Inc
NYSE:CRM
23.6
23%
1
US
Palantir Technologies Inc
NYSE:PLTR
590.6
105%
5.6
US
Adobe Inc
NASDAQ:ADBE
18.8
17%
1.1
US
Intuit Inc
NASDAQ:INTU
35.4
29%
1.2
US
N
NCR Corp
LSE:0K45
390.2
12%
32.5
US
Applovin Corp
NASDAQ:APP
47.2
38%
1.2
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 807 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
45.1
25%
1.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NO
Spir Group ASA
OSE:SPIR
Average EV/EBIT: 460.6
34.9
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
DE
SAP SE
XETRA:SAP
35.5
21%
1.7
US
Salesforce Inc
NYSE:CRM
34.3
32%
1.1
US
Palantir Technologies Inc
NYSE:PLTR
650.7
108%
6
US
Adobe Inc
NASDAQ:ADBE
20.8
20%
1
US
Intuit Inc
NASDAQ:INTU
42.5
35%
1.2
US
N
NCR Corp
LSE:0K45
3 216.8
84%
38.3
US
Applovin Corp
NASDAQ:APP
58.5
40%
1.5
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 297.1 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
51.5
27%
1.9