B

Best SA
WSE:BST

Watchlist Manager
Best SA
WSE:BST
Watchlist
Price: 25 PLN Market Closed
Market Cap: 566.3m PLN

Relative Value

The Relative Value of one BST stock under the Base Case scenario is 47.24 PLN. Compared to the current market price of 25 PLN, Best SA is Undervalued by 47%.

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.

BST Relative Value
Base Case
47.24 PLN
Undervaluation 47%
Relative Value
Price
B
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
57
vs Industry
33
Median 3Y
1.3
Median 5Y
1.4
Industry
1.2
vs History
68
vs Industry
45
Median 3Y
6.9
Median 5Y
8
Industry
16.5
vs History
vs Industry
40
Median 3Y
-3.8
Median 5Y
2.3
Industry
9.8
vs History
82
vs Industry
16
Median 3Y
10.9
Median 5Y
11
Industry
16.3
vs History
74
vs Industry
68
Median 3Y
0.7
Median 5Y
0.7
Industry
1.7
vs History
23
vs Industry
20
Median 3Y
3.1
Median 5Y
2.9
Industry
1.4
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
4.2
vs History
41
vs Industry
31
Median 3Y
7.3
Median 5Y
7.2
Industry
8.5
vs History
41
vs Industry
39
Median 3Y
7.8
Median 5Y
7.7
Industry
12.6
vs History
vs Industry
27
Median 3Y
-8.6
Median 5Y
4.2
Industry
10.3
vs History
vs Industry
28
Median 3Y
-8
Median 5Y
4.3
Industry
13.9
vs History
57
vs Industry
55
Median 3Y
0.7
Median 5Y
0.8
Industry
1.2

Multiples Across Competitors

BST Competitors Multiples
Best SA Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
PL
Best SA
WSE:BST
566.3m PLN 1.4 6.5 7.5 7.9
US
Cintas Corp
NASDAQ:CTAS
82.4B USD 8 45.5 29.6 35.8
US
Copart Inc
NASDAQ:CPRT
47.3B USD 10.2 30.5 22.2 25
MY
Frontken Corporation Bhd
KLSE:FRONTKN
105.5B MYR 181 764.6 478.1 528.1
AU
Brambles Ltd
ASX:BXB
34.8B AUD 3.5 25.8 18.2 18.2
CA
Ritchie Bros Auctioneers Inc
TSX:RBA
30.5B CAD 5 58.4 17.3 31.1
US
Aurora Innovation Inc
NASDAQ:AUR
10.2B USD 10 232.1 -12.6 -10.9 -10.7
FR
Spie SA
PAR:SPIE
8.3B EUR 0.8 40.7 10.5 17.3
FR
Elis SA
PAR:ELIS
5.7B EUR 1.2 15.4 5.4 13.7
IN
Indian Railway Catering and Tourism Corporation Ltd
NSE:IRCTC
575.8B INR 12.2 43 34.9 36.1
US
IAA Inc
F:3NI
4.9B EUR 2.8 19.8 12.8 16
P/E Multiple
Earnings Growth PEG
PL
B
Best SA
WSE:BST
Average P/E: 105
6.5
N/A N/A
US
Cintas Corp
NASDAQ:CTAS
45.5
10%
4.5
US
Copart Inc
NASDAQ:CPRT
30.5
12%
2.5
MY
F
Frontken Corporation Bhd
KLSE:FRONTKN
764.6
22%
34.8
AU
Brambles Ltd
ASX:BXB
25.8
10%
2.6
CA
Ritchie Bros Auctioneers Inc
TSX:RBA
58.4
46%
1.3
US
Aurora Innovation Inc
NASDAQ:AUR
Negative Multiple: -12.6 N/A N/A
FR
Spie SA
PAR:SPIE
40.7
29%
1.4
FR
Elis SA
PAR:ELIS
15.4
15%
1
IN
Indian Railway Catering and Tourism Corporation Ltd
NSE:IRCTC
43
16%
2.7
US
I
IAA Inc
F:3NI
19.8
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
PL
B
Best SA
WSE:BST
Average EV/EBITDA: 63.6
7.5
N/A N/A
US
Cintas Corp
NASDAQ:CTAS
29.6
9%
3.3
US
Copart Inc
NASDAQ:CPRT
22.2
16%
1.4
MY
F
Frontken Corporation Bhd
KLSE:FRONTKN
478.1
17%
28.1
AU
Brambles Ltd
ASX:BXB
18.2
28%
0.7
CA
Ritchie Bros Auctioneers Inc
TSX:RBA
17.3
3%
5.8
US
Aurora Innovation Inc
NASDAQ:AUR
Negative Multiple: -10.9 N/A N/A
FR
Spie SA
PAR:SPIE
10.5
10%
1
FR
Elis SA
PAR:ELIS
5.4
6%
0.9
IN
Indian Railway Catering and Tourism Corporation Ltd
NSE:IRCTC
34.9
16%
2.2
US
I
IAA Inc
F:3NI
12.8
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
PL
B
Best SA
WSE:BST
Average EV/EBIT: 72.9
7.9
N/A N/A
US
Cintas Corp
NASDAQ:CTAS
35.8
10%
3.6
US
Copart Inc
NASDAQ:CPRT
25
16%
1.6
MY
F
Frontken Corporation Bhd
KLSE:FRONTKN
528.1
20%
26.4
AU
Brambles Ltd
ASX:BXB
18.2
9%
2
CA
Ritchie Bros Auctioneers Inc
TSX:RBA
31.1
14%
2.2
US
Aurora Innovation Inc
NASDAQ:AUR
Negative Multiple: -10.7 N/A N/A
FR
Spie SA
PAR:SPIE
17.3
16%
1.1
FR
Elis SA
PAR:ELIS
13.7
10%
1.4
IN
Indian Railway Catering and Tourism Corporation Ltd
NSE:IRCTC
36.1
17%
2.1
US
I
IAA Inc
F:3NI
16
N/A N/A