Ryde Group

“How Short-Sellers Have Distorted Ryde Group Limited’s Share Price”

Alpharum

Not Invested

Community Contributor

Published

09 Dec 24

Updated

09 Dec 24

Alpharum's Fair Value

US$8.05

96.3% undervalued

09 Dec

US$0.30

-96.7%

1.3%

-96.7%

1.3%

Edit anytime before May 14 2:36 AM. Then post Updates to your followers.

Author's Valuation

US$8.1

96.3% undervalued

Alpharum's Fair Value

Narrative

Updates0

Alpharum'sFair Value

US$8.1

96.3% undervalued

Future estimation in

% p.a.

Decrease

Increase

Current revenue growth rate

15.03%

Transportation revenue growth rate

0.25%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

7.45%

Calculation

S$30.34m

Earnings '29

14.86x

PE Ratio '29

S$450.90m

Market Cap '29

S$450.90m

Market Cap '29

30.31m

No. shares '29

S$14.87

Share Price '29

S$14.87 Share Price '29

Discounted to 2024 @ 6.61% p.a.

S$10.80

Fair Value '24

S$10.80 Fair Value '24

Converted to USD @ 0.7452 SGD/USD Exchange Rate

US$8.05

Fair Value '24