Noratis AG (XETRA:NUVA)

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Price: 1.6 EUR 1.27%

Market Cap: 21.7m EUR

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Section:

Relative Value

The Relative Value of one NUVA stock under the Base Case scenario is 27.48 EUR. Compared to the current market price of 1.6 EUR, Noratis AG is Undervalued by 94%.

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?

NUVA Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

0.5

P/S

vs History	96
vs Industry	87

Median 5Y

2.6

Industry

3.6

Forward

0.4

More Details

Negative

P/E

vs History
vs Industry	49

Median 5Y

22.6

Industry

16.9

Forward

-0.4

More Details

1.5

P/OCF

vs History	17
vs Industry	69

Median 5Y

-3.2

Industry

More Details

Negative

P/FCFE

vs History
vs Industry

Median 5Y

-3.3

Industry

13.4

More Details

0.3

P/B

vs History	96
vs Industry	82

Median 5Y

2.4

Industry

0.8

More Details

7.2

EV/S

vs History	26
vs Industry	49

Median 5Y

6.6

Industry

6.6

Forward

6.4

More Details

21.6

EV/GP

vs History	20
vs Industry	25

Median 5Y

19.9

Industry

11.9

More Details

54.1

EV/EBITDA

vs History	7
vs Industry	13

Median 5Y

30.1

Industry

15.8

Forward

-39.1

More Details

59.2

EV/EBIT

vs History	7
vs Industry	19

Median 5Y

31.6

Industry

Forward

-16.5

More Details

22.9

EV/OCF

vs History	7
vs Industry	42

Median 5Y

-4.3

Industry

18.5

More Details

EV/FCFF

vs History	7
vs Industry	38

Median 5Y

-4.3

Industry

20.2

More Details

0.8

EV/IC

vs History	49
vs Industry	44

Median 5Y

0.9

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
DE	Noratis AG XETRA:NUVA	21.7m EUR	0.5	-0.8	54.1	59.2
HK	China Resources Land Ltd HKEX:1109	157.6B HKD	0.6	5.3	4.2	4.2
HK	China Overseas Land & Investment Ltd HKEX:688	133.5B HKD	0.6	5.6	7.4	7.4
IN	Macrotech Developers Ltd NSE:LODHA	1.3T INR	10.8	65	39.6	43.2
HK	CK Asset Holdings Ltd HKEX:1113	111.6B HKD	2.5	7.2	10.9	10.9
HK	Henderson Land Development Co Ltd HKEX:12	108.4B HKD	3.7	16.7	24.5	24.5
CN	Poly Developments and Holdings Group Co Ltd SSE:600048	102B CNY	0.3	15.3	17.3	17.3
CN	China Merchants Shekou Industrial Zone Holdings Co Ltd SZSE:001979	88.6B CNY	0.5	23.2	37.2	37.2
CN	China Vanke Co Ltd SZSE:000002	82.8B CNY	0.2	-4.3	-37.6	-37.6
IN	Oberoi Realty Ltd NSE:OBEROIRLTY	829.9B INR	16.3	35.7	28.2	28.8
CN	Longfor Group Holdings Ltd HKEX:960	65.8B HKD	0.4	5.8	10.6	10.7

			Revenue Growth	P/S to Growth
DE	Noratis AG XETRA:NUVA	Average P/S: 3.3 0.5	21%	0
HK	China Resources Land Ltd HKEX:1109	0.6	3%	0.2
HK	China Overseas Land & Investment Ltd HKEX:688	0.6	2%	0.3
IN	Macrotech Developers Ltd NSE:LODHA	10.8	27%	0.4
HK	CK Asset Holdings Ltd HKEX:1113	2.5	14%	0.2
HK	Henderson Land Development Co Ltd HKEX:12	3.7	5%	0.7
CN	Poly Developments and Holdings Group Co Ltd SSE:600048	0.3	-1%	N/A
CN	China Merchants Shekou Industrial Zone Holdings Co Ltd SZSE:001979	0.5	2%	0.3
CN	China Vanke Co Ltd SZSE:000002	0.2	-13%	N/A
IN	Oberoi Realty Ltd NSE:OBEROIRLTY	16.3	26%	0.6
CN	Longfor Group Holdings Ltd HKEX:960	0.4	-9%	N/A

			Earnings Growth	PEG
DE	Noratis AG XETRA:NUVA	Average P/E: 20 Negative Multiple: -0.8	N/A	N/A
HK	China Resources Land Ltd HKEX:1109	5.3	-2%	N/A
HK	China Overseas Land & Investment Ltd HKEX:688	5.6	-2%	N/A
IN	Macrotech Developers Ltd NSE:LODHA	65	39%	1.7
HK	CK Asset Holdings Ltd HKEX:1113	7.2	-2%	N/A
HK	Henderson Land Development Co Ltd HKEX:12	16.7	10%	1.7
CN	Poly Developments and Holdings Group Co Ltd SSE:600048	15.3	1%	15.3
CN	China Merchants Shekou Industrial Zone Holdings Co Ltd SZSE:001979	23.2	7%	3.3
CN	China Vanke Co Ltd SZSE:000002	Negative Multiple: -4.3	-29%	N/A
IN	Oberoi Realty Ltd NSE:OBEROIRLTY	35.7	24%	1.5
CN	Longfor Group Holdings Ltd HKEX:960	5.8	-5%	N/A

			EBITDA Growth	EV/EBITDA to Growth
DE	Noratis AG XETRA:NUVA	Average EV/EBITDA: 23.4 54.1	-4%	N/A
HK	China Resources Land Ltd HKEX:1109	4.2	4%	1
HK	China Overseas Land & Investment Ltd HKEX:688	7.4	0%	N/A
IN	Macrotech Developers Ltd NSE:LODHA	39.6	28%	1.4
HK	CK Asset Holdings Ltd HKEX:1113	10.9	15%	0.7
HK	Henderson Land Development Co Ltd HKEX:12	24.5	5%	4.9
CN	Poly Developments and Holdings Group Co Ltd SSE:600048	17.3	4%	4.3
CN	China Merchants Shekou Industrial Zone Holdings Co Ltd SZSE:001979	37.2	18%	2.1
CN	China Vanke Co Ltd SZSE:000002	Negative Multiple: -37.6	-16%	N/A
IN	Oberoi Realty Ltd NSE:OBEROIRLTY	28.2	26%	1.1
CN	Longfor Group Holdings Ltd HKEX:960	10.6	-3%	N/A

			EBIT Growth	EV/EBIT to Growth
DE	Noratis AG XETRA:NUVA	Average EV/EBIT: 24.3 59.2	-5%	N/A
HK	China Resources Land Ltd HKEX:1109	4.2	2%	2.1
HK	China Overseas Land & Investment Ltd HKEX:688	7.4	0%	N/A
IN	Macrotech Developers Ltd NSE:LODHA	43.2	30%	1.4
HK	CK Asset Holdings Ltd HKEX:1113	10.9	12%	0.9
HK	Henderson Land Development Co Ltd HKEX:12	24.5	0%	N/A
CN	Poly Developments and Holdings Group Co Ltd SSE:600048	17.3	-1%	N/A
CN	China Merchants Shekou Industrial Zone Holdings Co Ltd SZSE:001979	37.2	5%	7.4
CN	China Vanke Co Ltd SZSE:000002	Negative Multiple: -37.6	-21%	N/A
IN	Oberoi Realty Ltd NSE:OBEROIRLTY	28.8	26%	1.1
CN	Longfor Group Holdings Ltd HKEX:960	10.7	-5%	N/A

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	UnitedHealth Group Inc NYSE:UNH	Health Care
US	Exxon Mobil Corp NYSE:XOM	Energy
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	Walmart Inc NYSE:WMT	Retail
US	Verizon Communications Inc NYSE:VZ	Telecommunication

	Johnson & Johnson NYSE:JNJ	US
	Berkshire Hathaway Inc NYSE:BRK.A	US
	Bank of America Corp NYSE:BAC	US
	Mastercard Inc NYSE:MA	US
	UnitedHealth Group Inc NYSE:UNH	US
	Exxon Mobil Corp NYSE:XOM	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
	Walmart Inc NYSE:WMT	US
	Verizon Communications Inc NYSE:VZ	US

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	Bank of America Corp NYSE:BAC	46.21 USD 0.28%
	Mastercard Inc NYSE:MA	516.4 USD 0.98%
	Salesforce Inc NYSE:CRM	326.9 USD 0.61%
	Abbvie Inc NYSE:ABBV	178.5 USD -0.57%
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	Arista Networks Inc NYSE:ANET	115.51 USD 0.19%
	Visa Inc NYSE:V	312.6 USD 0.3%
	Texas Pacific Land Corp NYSE:TPL	1 275.94 USD 1.4%
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	Pinduoduo Inc NASDAQ:PDD	100.32 USD -0.3%

Noratis AG
XETRA:NUVA

Relative Value

Valuation Multiples

Multiples Across Competitors

NUVA Competitors Multiples
Noratis AG Competitors

See Also

Company

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52 Week Range	1.28 7
Price Target

Noratis AG XETRA:NUVA

Relative Value

Valuation Multiples

Multiples Across Competitors

NUVA Competitors Multiples Noratis AG Competitors

See Also

Company

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Stocks

Noratis AG
XETRA:NUVA

NUVA Competitors Multiples
Noratis AG Competitors