As K2 LT considers delisting from the Baltic stock exchange, Verslo \u017einios published an article in which PLY Analytics co-founder Vitalij \u0160ostak evaluated the company\u2019s official offer price.<\/p>\n\n\n\n
\u201cWhen looking at K2 LT\u2019s key relative valuation metrics, the current market price, which coincides with the official offer price, really appears quite generous. The relative valuations are fairly high both in the context of the market or the sector and in the company\u2019s own historical context,\u201d said V. \u0160ostak.<\/p>\n\n\n\n
As shown by the valuation model of PLY Analytics\u2019 listed company financial information and analysis platform, which uses five relative valuation metrics to indicate whether a stock is overvalued or undervalued compared to its \u201cfair price,\u201d K2 LT\u2019s market capitalization exceeds the so-called fair value.<\/p>\n\n\n\n
\u201cAccording to this model, we see that the generated fair values range from EUR 8.81 million to EUR 7.95 million, while the average fair value stands at EUR 8.24 million,\u201d explains V. \u0160ostak. \u201cThe company\u2019s market capitalization currently amounts to EUR 9.29 million. Accordingly, we see that the company\u2019s market value exceeds the fair price generated by the model by around 12%. In this context, the offered price, calculated in accordance with legal requirements, appears quite generous.\u201d<\/p>\n\n\n\n