Spice Private Equity AG
SIX:SPCE

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Spice Private Equity AG
SIX:SPCE
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Price: 16 USD -1.84% Market Closed
Market Cap: $175.5m

EV/S

93.8
Current
1 676%
Cheaper
vs 3-y average of -6

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
93.8
=
Enterprise Value
$144.8m
/
Revenue
$1.5m

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
93.8
=
Enterprise Value
$144.8m
/
Revenue
$1.5m

Valuation Scenarios

Spice Private Equity AG is trading above its industry average

If EV/S returns to its Industry Average (8.7), the stock would be worth $1.49 (91% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-98%
Maximum Upside
No Upside Scenarios
Average Downside
94%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 93.8 $16
0%
Industry Average 8.7 $1.49
-91%
Country Average 2.3 $0.39
-98%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
$144.8m
/
Jan 2026
$1.5m
=
93.8
Current
$144.8m
/
Dec 2026
$36.6m
=
4
Forward
$144.8m
/
Dec 2027
$358.7m
=
0.4
Forward
$144.8m
/
Dec 2028
$626.1m
=
0.2
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close
Market Cap EV/S P/E
CH
Spice Private Equity AG
SIX:SPCE
175.5m USD 93.8 -0.6
US
BlackRock Inc
NYSE:BLK
162B USD 6.4 25.9
US
Blackstone Inc
NYSE:BX
144.5B USD 10.7 49.2
CA
Brookfield Corp
NYSE:BN
102.1B USD 4.6 89.6
US
Bank of New York Mellon Corp
NYSE:BK
92.3B USD 0 17.4
US
KKR & Co Inc
NYSE:KKR
90.8B USD 6.2 40.6
ZA
Ninety One Ltd
JSE:NY1
82.3B ZAR -10.9 24.2
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
67.3B EUR 16.5 31.2
CA
Brookfield Asset Management Inc
NYSE:BAM
77.9B USD 16.6 31.4
CA
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
107.2B CAD 16.4 30.9
US
Ameriprise Financial Inc
NYSE:AMP
42.4B USD 3.8 11.9

Market Distribution

Higher than 99% of companies in Switzerland
Percentile
99th
Based on 1 077 companies
99th percentile
93.8
Low
0 — 1.3
Typical Range
1.3 — 5.1
High
5.1 —
Distribution Statistics
Switzerland
Min 0
30th Percentile 1.3
Median 2.3
70th Percentile 5.1
Max 2 449.2

Spice Private Equity AG
Glance View

Market Cap
175.5m USD
Industry
Financial Services

Spice Private Equity AG is a CH-based company operating in Capital Markets industry. The company is headquartered in Zug, Zug. Spice Private Equity AG, formerly known as APEN AG, is a Switzerland-based investment holding company that invests in a diversified portfolio of private equity funds and privately held operating companies. Its investments aim to achieve long-term capital growth for shareholders, focus on emerging markets and cover various regions. The firm's main investments include international funds, North America funds and direct investments, with portfolio comprising Easton-Bell Sports Holdings, Falcon Farms, MVLF, Knowledge Universe Education, Serta Simmons, SunGard Data Systems, Uplifting Entertainment, United Surgical Partners International, Appolo IV LP, Blackstone Capital Partners V LP, CHS Private Equity V LP, HealthCare Ventures VIII LP, Astor III, CapVest Equity Partners LP, EQT V LP, Lexington Capital Partners IV LP, and Unison Capital Partners II, among others.

SPCE Intrinsic Value
89.01 USD
Undervaluation 82%
Intrinsic Value
Price $16
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