GenusPlus Group Valuation

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

GNP (A$2.71) is trading below our estimate of [[fair value]] (A$4.68)

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

Valuation Score

2/6

Valuation Score 2/6

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

Share Price vs Fair Value

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

Below Fair Value: GNP (A$2.71) is trading below our estimate of fair value (A$4.68)

Significantly Below Fair Value: GNP is trading below fair value by more than 20%.

Key Valuation Metric

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

Key metric: As GNP is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for GNP. This is calculated by dividing GNP's market cap by their current earnings.
What is GNP's PE Ratio?
PE Ratio	25x
Earnings	AU$19.26m
Market Cap	AU$474.53m

GNP 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	0.7x
Enterprise Value/EBITDA	10.5x
PEG Ratio	1.3x

Price to Earnings Ratio vs Peers

How does GNP's PE Ratio compare to its peers?

The above table shows the PE ratio for GNP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	14.6x
CVL Civmec	9.9x	2.7%	AU$474.6m
SXE Southern Cross Electrical Engineering	20.2x	12.8%	AU$437.4m
LYL Lycopodium	7.8x	n/a	AU$391.3m
TEA Tasmea	20.3x	21.8%	AU$585.7m
GNP GenusPlus Group	25x	18.9%	AU$474.5m

Price-To-Earnings vs Peers: GNP is expensive based on its Price-To-Earnings Ratio (25x) compared to the peer average (14.6x).

Price to Earnings Ratio vs Industry

How does GNP's PE Ratio compare vs other companies in the AU Construction Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: GNP is expensive based on its Price-To-Earnings Ratio (25x) compared to the Global Construction industry average (15x).

Price to Earnings Ratio vs Fair Ratio

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

GNP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	25x
Fair PE Ratio	21.4x

Price-To-Earnings vs Fair Ratio: GNP is expensive based on its Price-To-Earnings Ratio (25x) compared to the estimated Fair Price-To-Earnings Ratio (21.4x).

Analyst Price Targets

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

The above table shows the analyst GNP forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	AU$2.71	AU$2.89 +6.6%	3.8%	AU$3.00	AU$2.78	n/a	2
Nov ’25	AU$2.35	AU$2.89 +23.0%	3.8%	AU$3.00	AU$2.78	n/a	2
Oct ’25	AU$2.49	AU$2.74 +10.0%	1.5%	AU$2.78	AU$2.70	n/a	2
Sep ’25	AU$2.34	AU$2.74 +17.1%	1.5%	AU$2.78	AU$2.70	n/a	2
Aug ’25	AU$2.27	AU$2.29 +0.7%	5.0%	AU$2.40	AU$2.17	n/a	2
Jul ’25	AU$2.03	AU$2.19 +7.6%	0.7%	AU$2.20	AU$2.17	n/a	2
Jun ’25	AU$1.90	AU$2.19 +15.0%	0.7%	AU$2.20	AU$2.17	n/a	2
May ’25	AU$1.81	AU$2.19 +20.7%	0.7%	AU$2.20	AU$2.17	n/a	2
Apr ’25	AU$1.69	AU$1.63 -3.6%	4.3%	AU$1.70	AU$1.56	n/a	2
Mar ’25	AU$1.42	AU$1.63 +15.2%	4.3%	AU$1.70	AU$1.56	n/a	2
Feb ’25	AU$1.34	AU$1.53 +14.6%	2.0%	AU$1.56	AU$1.50	n/a	2
Jan ’25	AU$1.40	AU$1.53 +9.3%	2.0%	AU$1.56	AU$1.50	n/a	2

Analyst Forecast: Target price is less than 20% higher than the current share price.

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