T

Tekna Holding ASA
OSE:TEKNA

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Tekna Holding ASA
OSE:TEKNA
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Price: 4.01 NOK 3.08% Market Closed
Market Cap: 912.1m NOK

Relative Value

The Relative Value of one TEKNA stock under the Base Case scenario is 4.53 NOK. Compared to the current market price of 4.01 NOK, Tekna Holding ASA is Undervalued by 11%.

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.

TEKNA Relative Value
Base Case
4.53 NOK
Undervaluation 11%
Relative Value
Price
T
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
85
vs Industry
24
Median 3Y
4.5
Median 5Y
6
Industry
1.6
Forward
2.4
vs History
vs Industry
Median 3Y
-12
Median 5Y
-14.8
Industry
20.8
Forward
-10.7
vs History
11
vs Industry
Median 3Y
-12.2
Median 5Y
-17.1
Industry
13.7
vs History
vs Industry
15
Median 3Y
-23.7
Median 5Y
-25.8
Industry
22.1
vs History
38
vs Industry
18
Median 3Y
5.3
Median 5Y
5.8
Industry
1.7
vs History
86
vs Industry
22
Median 3Y
5.2
Median 5Y
6.3
Industry
1.8
Forward
2.6
vs History
88
vs Industry
39
Median 3Y
11.7
Median 5Y
15.3
Industry
7.3
vs History
vs Industry
Median 3Y
-25.7
Median 5Y
-28.9
Industry
13.1
vs History
vs Industry
Median 3Y
-16.7
Median 5Y
-18.2
Industry
17.6
Forward
-34.2
vs History
11
vs Industry
Median 3Y
-13
Median 5Y
-18.7
Industry
15.2
vs History
1
vs Industry
Median 3Y
-11
Median 5Y
-14
Industry
21.2
vs History
86
vs Industry
24
Median 3Y
3.2
Median 5Y
3.5
Industry
1.3

Multiples Across Competitors

TEKNA Competitors Multiples
Tekna Holding ASA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NO
Tekna Holding ASA
OSE:TEKNA
912.1m NOK 3.6 -14.8 -69.2 -20.8
US
Sherwin-Williams Co
NYSE:SHW
88.4B USD 3.8 34.4 22.9 27
US
Ecolab Inc
NYSE:ECL
77.2B USD 4.9 38.9 22.2 29.7
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
10.2T JPY 4 20.5 9.9 13.6
CH
Givaudan SA
SIX:GIVN
29.4B CHF 3.9 26.9 18.3 23
CN
Wanhua Chemical Group Co Ltd
SSE:600309
246.5B CNY 1.4 22.2 21.7 21.7
IN
Asian Paints Ltd
NSE:ASIANPAINT
2.8T INR 8 71 43.9 54
DK
Novozymes A/S
CSE:NZYM B
165.6B DKK 9.3 54.8 28.9 37.9
US
PPG Industries Inc
NYSE:PPG
24.2B USD 1.7 24.3 11 13.6
CH
Sika AG
F:SIKA
19.9B EUR 1.3 12 8.7 11
CH
DSM-Firmenich AG
AEX:DSFIR
18B EUR 1.4 72.1 10.7 36.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NO
T
Tekna Holding ASA
OSE:TEKNA
Average EV/EBITDA: 19.8
Negative Multiple: -69.2
N/A N/A
US
Sherwin-Williams Co
NYSE:SHW
22.9
7%
3.3
US
Ecolab Inc
NYSE:ECL
22.2
9%
2.5
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
9.9
4%
2.5
CH
Givaudan SA
SIX:GIVN
18.3
5%
3.7
CN
Wanhua Chemical Group Co Ltd
SSE:600309
21.7
33%
0.7
IN
Asian Paints Ltd
NSE:ASIANPAINT
43.9
11%
4
DK
Novozymes A/S
CSE:NZYM B
28.9
N/A N/A
US
PPG Industries Inc
NYSE:PPG
11
4%
2.8
CH
Sika AG
F:SIKA
8.7
4%
2.2
CH
D
DSM-Firmenich AG
AEX:DSFIR
10.7
7%
1.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NO
T
Tekna Holding ASA
OSE:TEKNA
Average EV/EBIT: 26.8
Negative Multiple: -20.8
N/A N/A
US
Sherwin-Williams Co
NYSE:SHW
27
8%
3.4
US
Ecolab Inc
NYSE:ECL
29.7
12%
2.5
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
13.6
N/A N/A
CH
Givaudan SA
SIX:GIVN
23
5%
4.6
CN
Wanhua Chemical Group Co Ltd
SSE:600309
21.7
8%
2.7
IN
Asian Paints Ltd
NSE:ASIANPAINT
54
11%
4.9
DK
Novozymes A/S
CSE:NZYM B
37.9
N/A N/A
US
PPG Industries Inc
NYSE:PPG
13.6
5%
2.7
CH
Sika AG
F:SIKA
11
5%
2.2
CH
D
DSM-Firmenich AG
AEX:DSFIR
36.3
36%
1