CTEK(CTEK)
CTEK
Fair Value
Earnings (P/E)Revenue (P/S)
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Results are highly cyclical for CTEK, so multiple-based fair value is less reliable here.
| FY | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | — | — | — | — | — | — | — | — | — | — | — | — | — | 4.23 | 5.45 | 4.97 | 4.03 | 2.86 |
| Low | — | — | — | — | — | — | — | — | — | — | — | — | — | 2.74 | 3.34 | 2.70 | 1.00 | 1.30 |
| Adj EPS | -2.17 | -1.52 | 0.29 | -0.64 | -0.73 | -0.03 | -0.01 | -0.24 | -0.40 | -0.37 | 0.19 | 0.16 | 0.32 | 0.57 | 0.57 | 0.15 | -0.55 | 0.24 |
| Chg/Yr | — | — | — | -324% | — | — | — | — | — | — | — | -14% | +95% | +77% | -0% | -74% | -467% | — |
| Div | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Fair value (15.5x) multiplies each year's earnings per share by a growth-based multiple: steady growers (5–15% a year) get 15x, faster growers get their growth rate as the multiple (capped at 30x), and slower growers step down below 15x. CTEK has grown earnings about 3.5% a year, so the line uses 15.5x.
Earnings are adjusted figures on the same basis analysts forecast, built from reported quarters; years beyond the last completed fiscal year use the analyst consensus (dashed). The verdict calls a stock over- or undervalued only when the price sits more than 10% from the fair value line.