Ashley Services Group Valuation

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

ASH (A$0.19) is trading above our estimate of [[fair value]] (A$0.07)

Is ASH 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-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 ASH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ASH (A$0.19) is trading above our estimate of fair value (A$0.07)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ASH. This is calculated by dividing ASH's market cap by their current earnings.
What is ASH's PE Ratio?
PE Ratio	19.7x
Earnings	AU$1.35m
Market Cap	AU$27.36m

ASH 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	0.08x
Enterprise Value/EBITDA	3.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ASH 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	16.9x
HIT HiTech Group Australia	13.5x	n/a	AU$82.3m
IGN Ignite	21.2x	n/a	AU$13.1m
PPE Peoplein	18x	45.5%	AU$85.7m
SIQ Smartgroup	15.1x	6.4%	AU$1.0b
ASH Ashley Services Group	19.7x	n/a	AU$27.4m

Price-To-Earnings vs Peers: ASH is expensive based on its Price-To-Earnings Ratio (19.7x) compared to the peer average (16.9x).

Price to Earnings Ratio vs Industry

How does ASH's PE Ratio compare vs other companies in the Global Professional Services Industry?

19 Companies	Price / Earnings	Estimated Growth	Market Cap

19 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: ASH is good value based on its Price-To-Earnings Ratio (19.7x) compared to the Global Professional Services industry average (20.5x).

Price to Earnings Ratio vs Fair Ratio

What is ASH'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.

ASH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	19.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ASH's Price-To-Earnings 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.