C

Codelab Capital AS
OSE:CODE

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Codelab Capital AS
OSE:CODE
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Price: 2.51 NOK 1.21% Market Closed
Market Cap: 32.5m NOK
Section:
 

Relative Value

The Relative Value of one CODE stock under the Base Case scenario is 8.76 NOK. Compared to the current market price of 2.51 NOK, Codelab Capital AS is Undervalued by 71%.

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.

CODE Relative Value
Base Case
8.76 NOK
Undervaluation 71%
Relative Value
Price
C
Worst Case
Base Case
Best Case

Valuation Multiples

0.5
P/S
P/S
Price to Sales
0.5
vs History
30
vs Industry
Median 3Y
0.1
Median 5Y
0
Industry
2.3
Forward
0.2
More Details
3.3
P/E
P/E
Price to Earnings
3.3
vs History
7
vs Industry
Median 3Y
0.1
Median 5Y
-0.1
Industry
22.4
Forward
-10.9
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
Median 3Y
-0
Median 5Y
-1
Industry
14.4
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-0
Median 5Y
-1
Industry
21.7
More Details
1.2
P/B
P/B
Price to Book Value
1.2
vs History
11
vs Industry
Median 3Y
0
Median 5Y
0.1
Industry
2.2
More Details
0.5
EV/S
EV/S
Enterprise Value to Sales
0.5
vs History
31
vs Industry
Median 3Y
0
Median 5Y
0
Industry
2.5
Forward
0.2
More Details
0.6
EV/GP
EV/GP
Enterprise Value to Gross Profit
0.6
vs History
31
vs Industry
Median 3Y
0
Median 5Y
0
Industry
5.1
More Details
0.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
0.7
vs History
26
vs Industry
Median 3Y
0
Median 5Y
0
Industry
12
Forward
0.7
More Details
0.9
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
0.9
vs History
17
vs Industry
Median 3Y
0
Median 5Y
-1
Industry
16.9
Forward
0.6
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
Median 3Y
-0
Median 5Y
-2.4
Industry
14.5
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-0
Median 5Y
-1.3
Industry
18.6
More Details
1.2
EV/IC
EV/IC
Enterprise Value to IC
1.2
vs History
12
vs Industry
Median 3Y
0
Median 5Y
0
Industry
1.8
More Details

Multiples Across Competitors

CODE Competitors Multiples
Codelab Capital AS Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NO
Codelab Capital AS
OSE:CODE
30.1m NOK 0.5 3.3 0.7 0.9
US
Veeva Systems Inc
NYSE:VEEV
36.5B USD 11.8 42.4 32.1 33.5
US
Cerner Corp
LSE:0R00
31.3B USD 5.4 53.1 21.9 43.2
AU
Pro Medicus Ltd
ASX:PME
22.7B AUD 103 197.1 136.2 136.2
JP
M3 Inc
TSE:2413
1.4T JPY 4.4 31.5 16 19.8
US
Doximity Inc
NYSE:DOCS
8.2B USD 13.2 32.4 28.4 29.7
US
Waystar Holding Corp
NASDAQ:WAY
5.7B USD 5.5 51.6 17.1 26.9
SE
Sectra AB
STO:SECT B
48.8B SEK 22.9 83.3 -116.9 -116.9
IN
Inventurus Knowledge Solutions Ltd
NSE:IKS
290.9B INR 10.9 59.9 37.2 43.5
CN
Winning Health Technology Group Co Ltd
SZSE:300253
20.3B CNY 9.4 -65.9 -130.4 -130.4
US
Inspire Medical Systems Inc
NYSE:INSP
2.8B USD 3.2 63 50.3 67.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NO
C
Codelab Capital AS
OSE:CODE
Average EV/EBITDA: 37.8
0.7
N/A N/A
US
Veeva Systems Inc
NYSE:VEEV
32.1
39%
0.8
US
C
Cerner Corp
LSE:0R00
21.9
N/A N/A
AU
Pro Medicus Ltd
ASX:PME
136.2
32%
4.3
JP
M3 Inc
TSE:2413
16
14%
1.1
US
Doximity Inc
NYSE:DOCS
28.4
23%
1.2
US
W
Waystar Holding Corp
NASDAQ:WAY
17.1
24%
0.7
SE
Sectra AB
STO:SECT B
Negative Multiple: -116.9 N/A N/A
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
37.2
24%
1.6
CN
Winning Health Technology Group Co Ltd
SZSE:300253
Negative Multiple: -130.4
36%
N/A
US
Inspire Medical Systems Inc
NYSE:INSP
50.3
80%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NO
C
Codelab Capital AS
OSE:CODE
Average EV/EBIT: 44.6
0.9
N/A N/A
US
Veeva Systems Inc
NYSE:VEEV
33.5
39%
0.9
US
C
Cerner Corp
LSE:0R00
43.2
N/A N/A
AU
Pro Medicus Ltd
ASX:PME
136.2
31%
4.4
JP
M3 Inc
TSE:2413
19.8
N/A N/A
US
Doximity Inc
NYSE:DOCS
29.7
25%
1.2
US
W
Waystar Holding Corp
NASDAQ:WAY
26.9
56%
0.5
SE
Sectra AB
STO:SECT B
Negative Multiple: -116.9 N/A N/A
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
43.5
27%
1.6
CN
Winning Health Technology Group Co Ltd
SZSE:300253
Negative Multiple: -130.4
47%
N/A
US
Inspire Medical Systems Inc
NYSE:INSP
67.6
34%
2

See Also

Summary
CODE intrinsic value, competitors valuation, and company profile.
DCF Valuation
CODE stock valuation using Discount Cash Flow valuation method.
Relative Valuation
CODE stock valuation using valuation multiples.
Wall Street Estimates
CODE price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
CODE stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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