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Carasent ASA
OSE:CARA

Watchlist Manager
Carasent ASA
OSE:CARA
Watchlist
Price: 18.55 NOK -1.07% Market Closed
Updated: May 15, 2024

Relative Value

The Relative Value of one CARA stock under the Base Case scenario is 26.37 NOK. Compared to the current market price of 18.55 NOK, Carasent ASA is Undervalued by 30%.

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.

CARA Relative Value
Base Case
26.37 NOK
Undervaluation 30%
Relative Value
Price
C
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
84
vs Industry
25
Median 3Y
8
Median 5Y
9.2
Industry
2.4
Forward
4.8
vs History
vs Industry
22
Median 3Y
-17.2
Median 5Y
-23.7
Industry
23.9
Forward
303.1
vs History
vs Industry
20
Median 3Y
46
Median 5Y
46.6
Industry
15.6
vs History
vs Industry
Median 3Y
-19.3
Median 5Y
-19.5
Industry
22.5
vs History
63
vs Industry
54
Median 3Y
1.3
Median 5Y
2.4
Industry
2.3
vs History
68
vs Industry
30
Median 3Y
4
Median 5Y
7.9
Industry
2.5
Forward
3.6
vs History
66
vs Industry
46
Median 3Y
4.9
Median 5Y
9.5
Industry
5.3
vs History
28
vs Industry
4
Median 3Y
35.5
Median 5Y
45.8
Industry
12.9
Forward
67
vs History
vs Industry
Median 3Y
105
Median 5Y
125.8
Industry
17.8
Forward
-656.8
vs History
vs Industry
45
Median 3Y
23.3
Median 5Y
40.9
Industry
15.4
vs History
vs Industry
Median 3Y
-10.5
Median 5Y
-7.6
Industry
19.6
vs History
66
vs Industry
50
Median 3Y
1.4
Median 5Y
2.6
Industry
2

Multiples Across Competitors

CARA Competitors Multiples
Carasent 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
Carasent ASA
OSE:CARA
1.3B NOK 5.3 -24 57.8 -28
US
Veeva Systems Inc
NYSE:VEEV
33.9B USD 14.3 64.5 64.6 69.5
US
Cerner Corp
NASDAQ:CERN
27.9B USD 4.8 47.3 19.6 38.6
US
Change Healthcare Inc
NASDAQ:CHNG
9B USD 2.6 -116.8 16.5 111.6
AU
Pro Medicus Ltd
ASX:PME
12.2B AUD 83.2 174.5 120 120
JP
M3 Inc
TSE:2413
1.2T JPY 4.9 24.8 13 14.6
US
Inspire Medical Systems Inc
NYSE:INSP
4.6B USD 7 -293.8 -127.1 -116.1
US
Doximity Inc
NYSE:DOCS
4.4B USD 9.5 32.2 21.2 22.5
SE
Sectra AB
STO:SECT B
46.9B SEK 28.6 110.4 -72.7 -72.7
US
Vocera Communications Inc
NYSE:VCRA
2.8B USD 11.7 -324 264.4 4 233.4
US
Goodrx Holdings Inc
NASDAQ:GDRX
2.7B USD 3.6 -419.2 36.5 -93.5
P/E Multiple
Earnings Growth
NO
C
Carasent ASA
OSE:CARA
Average P/E: 75.6
Negative Multiple: -24
N/A
US
Veeva Systems Inc
NYSE:VEEV
64.5
139%
US
Cerner Corp
NASDAQ:CERN
47.3
N/A
US
Change Healthcare Inc
NASDAQ:CHNG
Negative Multiple: -116.8 N/A
AU
Pro Medicus Ltd
ASX:PME
174.5
119%
JP
M3 Inc
TSE:2413
24.8
26%
US
Inspire Medical Systems Inc
NYSE:INSP
Negative Multiple: -293.8 N/A
US
Doximity Inc
NYSE:DOCS
32.2
79%
SE
Sectra AB
STO:SECT B
110.4
56%
US
Vocera Communications Inc
NYSE:VCRA
Negative Multiple: -324 N/A
US
Goodrx Holdings Inc
NASDAQ:GDRX
Negative Multiple: -419.2 N/A
EV/EBIT Multiple
EBIT Growth
NO
C
Carasent ASA
OSE:CARA
Average EV/EBIT: 658.6
Negative Multiple: -28
N/A
US
Veeva Systems Inc
NYSE:VEEV
69.5
238%
US
Cerner Corp
NASDAQ:CERN
38.6
N/A
US
Change Healthcare Inc
NASDAQ:CHNG
111.6
N/A
AU
Pro Medicus Ltd
ASX:PME
120
110%
JP
M3 Inc
TSE:2413
14.6
N/A
US
Inspire Medical Systems Inc
NYSE:INSP
Negative Multiple: -116.1 N/A
US
Doximity Inc
NYSE:DOCS
22.5
116%
SE
Sectra AB
STO:SECT B
Negative Multiple: -72.7 N/A
US
Vocera Communications Inc
NYSE:VCRA
4 233.4
N/A
US
Goodrx Holdings Inc
NASDAQ:GDRX
Negative Multiple: -93.5 N/A

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