ARAM Group Company P.J.S.C Valuation

Q: What is the Fair Price of ARAM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ARAM (AED2.18) is trading above our estimate of [[fair value]] (AED0.85)

Is ARAM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ARAM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ARAM (AED2.18) is trading above our estimate of fair value (AED0.85)

Significantly Below Fair Value: ARAM is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ARAM?

Key metric: As ARAM is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for ARAM. This is calculated by dividing ARAM's market cap by their current revenue.
What is ARAM's PS Ratio?
PS Ratio	22.6x
Sales	د.إ7.62m
Market Cap	د.إ172.00m

ARAM key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	25.5x
Enterprise Value/EBITDA	250.9x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does ARAM's PS Ratio compare to its peers?

The above table shows the PS ratio for ARAM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	26.6x
RAPCO RAPCO Investment PJSC	20.4x	n/a	د.إ170.1m
KICO Al Khaleej Investment P.J.S.C	25.1x	n/a	د.إ451.5m
TECOM TECOM Group PJSC	6.7x	6.4%	د.إ15.7b
ESHRAQ Eshraq Investments PJSC	54.1x	n/a	د.إ867.3m
ARAM ARAM Group Company P.J.S.C	22.6x	n/a	د.إ172.0m

Price-To-Sales vs Peers: ARAM is good value based on its Price-To-Sales Ratio (22.6x) compared to the peer average (26.6x).

Price to Sales Ratio vs Industry

How does ARAM's PS Ratio compare vs other companies in the Asian Real Estate Industry?

303 Companies	Price / Sales	Estimated Growth	Market Cap

303 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: ARAM is expensive based on its Price-To-Sales Ratio (22.6x) compared to the Asian Real Estate industry average (2.4x).

Price to Sales Ratio vs Fair Ratio

What is ARAM's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ARAM PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	22.6x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate ARAM's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.