PHO.OL
Photocure ASA
Price:  
57.2 
NOK
Volume:  
63,252
Norway | Pharmaceuticals

PHO.OL Fair Value

-99.3 %
Upside

What is the fair value of PHO.OL?

As of 2025-07-04, the Fair Value of Photocure ASA (PHO.OL) is 0.39 NOK. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 57.2 NOK, the upside of Photocure ASA is -99.3%.

Is PHO.OL a good investment?

With the market price of 57.2 NOK and our fair value calculation, Photocure ASA (PHO.OL) is not a good investment. Investing in PHO.OL stocks now will result in a potential loss of 99.3%.

57.2 NOK
Stock Price
0.39 NOK
Fair Price
FAIR VALUE CALCULATION

PHO.OL Fair Value

Peter Lynch's formula is:

PHO.OL Fair Value
= Earnings Growth Rate x TTM EPS
PHO.OL Fair Value
= 5 x 0.08
PHO.OL Fair Value
= 0.39

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
12-202012-202112-202212-202312-20245Y Avg
Net income-22.4-30.9-71.860.98-3.34-26
YoY growth-170.4%-37.9%-132.6%101.4%-441.1%-136.1%

PHO.OL Fair Value - Peers Benchmarking

Market Cap (mil)EPS Fair Value Upside
a
Celon Pharma SA1,293-0.8-4.07-117%
Lavipharm SA1350.11.3365.8%
Pierrel SpA960.11.43-18.2%
Vistin Pharma ASA1,0771.743.378.2%
Oncoarendi Therapeutics SA370735.0432.2%
Orexo AB699-6.1-30.27-250.2%
Shedir Pharma Srl Unipersonale560.53.09-36.7%
ECO Animal Health Group PLC41124.28-59.5%
Nutex Befektetesi Nyrt2,6932.973.2330.6%
Friulchem SpA5-0-0.2-124.8%

PHO.OL Fair Value - Key Data

Market Cap (mil)1,551
P/E724.9x
Forward P/E188.7x
EPS0.08
Avg earnings growth rate-136.1%
TTM earnings2

PHO.OL Fair Value - Formula's Origin

Peter Lynch is one of the most legendary investors/fund managers of all time. His philosophy for stock investing is very simple and straightforward: he invests in stocks that are undervalued, meaning its P/E is less than or equal to its earnings growth rate. He believes that if a stock is trading at its fair value, the PEG ratio, which was also invented by him, should be 1.

Therefore, his formula to determine a company's fair value is:

Peter Lynch Fair Value = Earnings Growth Rate * EPS * PEG

PEG is set to 1 so we can ignore it in the calculation. Based on the formula, if the earnings growth rate of a company is 15%, Peter Lynch is willing to buy its share up to P/E = 15.