Gulf Navigation Holding PJSC Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Share Price vs Fair Value

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

Below Fair Value: GULFNAV (AED5.3) is trading above our estimate of fair value (AED0.59)

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

Key Valuation Metric

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

Key metric: As GULFNAV barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for GULFNAV. This is calculated by dividing GULFNAV's market cap by their current book value.
What is GULFNAV's PB Ratio?
PB Ratio	10.1x
Book	د.إ424.16m
Market Cap	د.إ4.27b

GULFNAV 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	52.3x
Enterprise Value/EBITDA	1094.9x
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does GULFNAV's PB Ratio compare to its peers?

The above table shows the PB ratio for GULFNAV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	5.7x
ARMX Aramex PJSC	1.3x	25.0%	د.إ3.3b
DTC Dubai Taxi Company P.J.S.C	20.3x	10.9%	د.إ6.6b
2343 Pacific Basin Shipping	0.7x	35.9%	HK$10.5b
A028670 Pan Ocean	0.4x	10.0%	₩1.9t
GULFNAV Gulf Navigation Holding PJSC	10.1x	n/a	د.إ4.3b

Price-To-Book vs Peers: GULFNAV is expensive based on its Price-To-Book Ratio (10.1x) compared to the peer average (5.7x).

Price to Book Ratio vs Industry

How does GULFNAV's PB Ratio compare vs other companies in the Asian Shipping Industry?

0 Companies	Price / Book	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: GULFNAV is expensive based on its Price-To-Book Ratio (10.1x) compared to the Asian Shipping industry average (0.9x).

Price to Book Ratio vs Fair Ratio

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

GULFNAV PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	10.1x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate GULFNAV's Price-To-Book 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.