As of May 22, 2025, Eniro AB's estimated intrinsic value ranges from $0.91 to $10.14 per share, depending on the valuation methodology applied.
| Valuation Method | Fair Value (USD) | Implied Upside/Downside |
|---|---|---|
| Discounted Cash Flow (10Y) | $1.73 | +333.8% |
| Discounted Cash Flow (5Y) | $1.63 | +309.9% |
| Dividend Discount Model (Multi-Stage) | $0.91 | +129.2% |
| Dividend Discount Model (Stable) | $1.59 | +299.8% |
| Earnings Power Value | $10.14 | +2448.0% |
Is Eniro AB (ENRO.ST) undervalued or overvalued?
With the current market price at $0.40, the stock appears to be significantly undervalued.
Intrinsic value represents the "true" worth of a company based on its fundamentals rather than market sentiment. We've employed multiple methodologies to triangulate Eniro AB's intrinsic value, including:
The cost of capital is a critical factor in valuation models, representing the required return for investors.
| WACC Component | Low | High |
|---|---|---|
| Long-term bond rate | 2.5% | 3.0% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.51 | 0.98 |
| Cost of equity | 5.1% | 9.5% |
| Cost of debt | 5.0% | 5.0% |
| Tax rate | 14.2% | 24.4% |
| Debt/Equity ratio | 0.08 | 0.08 |
| After-tax WACC | 5.0% | 9.1% |
Our DCF model projects cash flows over 5-year and 10-year horizons, with the following key assumptions:
| DCF Model | Fair Value | Enterprise Value | % from Terminal Value |
|---|---|---|---|
| 5-Year Growth | $2 | $1,081M | 75.1% |
| 10-Year Growth | $2 | $1,152M | 55.7% |
| 5-Year EBITDA | $1 | $679M | 60.3% |
| 10-Year EBITDA | $1 | $835M | 38.8% |
The DDM values a company based on its expected future dividend payments. We used two approaches:
EPV assesses a company's value based on its current normalized earnings power, assuming no growth.
| EPV Component | Value |
|---|---|
| Normalized Earnings | $482M |
| Discount Rate (WACC) | 9.1% - 5.0% |
| Enterprise Value | $5,298M - $9,564M |
| Net Debt | $(136)M |
| Equity Value | $5,434M - $9,700M |
| Outstanding Shares | 746M |
| Fair Value | $7 - $13 |
| Selected Fair Value | $10.14 |
| Metric | Value |
|---|---|
| Market Capitalization | $297M |
| Enterprise Value | $161M |
| Trailing P/E | 3.67 |
| Forward P/E | 5.62 |
| Trailing EV/EBITDA | 4.75 |
| Current Dividend Yield | 966.78% |
| Dividend Growth Rate (5Y) | -59.67% |
| Debt-to-Equity Ratio | 0.08 |
To determine the most reliable intrinsic value estimate, we weigh each valuation method based on:
| Valuation Method | Weight | Weighted Value |
|---|---|---|
| Discounted Cash Flow (10Y) | 30% | $0.52 |
| Discounted Cash Flow (5Y) | 25% | $0.41 |
| Dividend Discount Model (Multi-Stage) | 20% | $0.18 |
| Dividend Discount Model (Stable) | 15% | $0.24 |
| Earnings Power Value | 10% | $1.01 |
| Weighted Average | 100% | $2.36 |
Based on our comprehensive valuation analysis, Eniro AB's weighted average intrinsic value is $2.36, which is approximately 493.2% above the current market price of $0.40.
Key investment considerations:
Given these factors, we believe Eniro AB is currently significantly undervalued with the potential for long-term appreciation based on the company's growth trajectory and financial strength.