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C

Codelab Capital AS
OSE:CODE

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Codelab Capital AS
OSE:CODE
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Price: 2.57 NOK 1.98% Market Closed
Market Cap: kr33.3m
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Relative Value

The Relative Value of one CODE stock under the Base Case scenario is 7.65 NOK. Compared to the current market price of 2.57 NOK, Codelab Capital AS is Undervalued by 66%.

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
7.65 NOK
Undervaluation 66%
Relative Value
Price
C
Worst Case
Base Case
Best Case

Valuation Multiples

P/S
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P/E
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P/OCF
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P/FCFE
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P/B
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EV/S
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EV/GP
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EV/EBITDA
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EV/EBIT
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EV/OCF
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EV/FCFF
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EV/IC
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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
30.8m NOK 0.5 3.4 0.2 0.5
US
Cerner Corp
LSE:0R00
31.3B USD 5.4 53.1 21.9 43.2
US
Veeva Systems Inc
NYSE:VEEV
30.2B USD 9.9 35.3 25.6 26.7
AU
Pro Medicus Ltd
ASX:PME
16.7B AUD 75.7 144.9 99.8 99.8
JP
M3 Inc
TSE:2413
1.2T JPY 3.5 24 11.9 14.5
US
Doximity Inc
NYSE:DOCS
5.1B USD 8.3 20.4 16.6 17.4
SE
Sectra AB
STO:SECT B
39.6B SEK 17.7 61.3 -120.6 -120.6
US
Waystar Holding Corp
NASDAQ:WAY
4.2B USD 4 37.6 13.1 20.5
CN
Winning Health Technology Group Co Ltd
SZSE:300253
23.6B CNY 10.9 -76.6 -151.4 -151.4
IN
Inventurus Knowledge Solutions Ltd
NSE:IKS
291.7B INR 11 60.3 37.1 43.2
US
Vocera Communications Inc
F:V00
2.4B EUR 11.9 -328 267.9 4 290.1
P/E Multiple
Earnings Growth PEG
NO
C
Codelab Capital AS
OSE:CODE
Average P/E: 48.9
3.4
N/A N/A
US
C
Cerner Corp
LSE:0R00
53.1
N/A N/A
US
Veeva Systems Inc
NYSE:VEEV
35.3
32%
1.1
AU
Pro Medicus Ltd
ASX:PME
144.9
32%
4.5
JP
M3 Inc
TSE:2413
24
16%
1.5
US
Doximity Inc
NYSE:DOCS
20.4
18%
1.1
SE
Sectra AB
STO:SECT B
61.3
17%
3.6
US
W
Waystar Holding Corp
NASDAQ:WAY
37.6
N/A N/A
CN
Winning Health Technology Group Co Ltd
SZSE:300253
Negative Multiple: -76.6
69%
N/A
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
60.3
31%
1.9
US
V
Vocera Communications Inc
F:V00
Negative Multiple: -328 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NO
C
Codelab Capital AS
OSE:CODE
Average EV/EBITDA: 54.9
0.2
N/A N/A
US
C
Cerner Corp
LSE:0R00
21.9
N/A N/A
US
Veeva Systems Inc
NYSE:VEEV
25.6
38%
0.7
AU
Pro Medicus Ltd
ASX:PME
99.8
32%
3.1
JP
M3 Inc
TSE:2413
11.9
14%
0.9
US
Doximity Inc
NYSE:DOCS
16.6
23%
0.7
SE
Sectra AB
STO:SECT B
Negative Multiple: -120.6 N/A N/A
US
W
Waystar Holding Corp
NASDAQ:WAY
13.1
24%
0.5
CN
Winning Health Technology Group Co Ltd
SZSE:300253
Negative Multiple: -151.4
36%
N/A
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
37.1
24%
1.5
US
V
Vocera Communications Inc
F:V00
267.9
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NO
C
Codelab Capital AS
OSE:CODE
Average EV/EBIT: 506.2
0.5
N/A N/A
US
C
Cerner Corp
LSE:0R00
43.2
N/A N/A
US
Veeva Systems Inc
NYSE:VEEV
26.7
39%
0.7
AU
Pro Medicus Ltd
ASX:PME
99.8
31%
3.2
JP
M3 Inc
TSE:2413
14.5
N/A N/A
US
Doximity Inc
NYSE:DOCS
17.4
25%
0.7
SE
Sectra AB
STO:SECT B
Negative Multiple: -120.6 N/A N/A
US
W
Waystar Holding Corp
NASDAQ:WAY
20.5
58%
0.4
CN
Winning Health Technology Group Co Ltd
SZSE:300253
Negative Multiple: -151.4
47%
N/A
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
43.2
26%
1.7
US
V
Vocera Communications Inc
F:V00
4 290.1
N/A N/A

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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