Count Valuation

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

CUP (A$0.81) is trading below our estimate of [[fair value]] (A$5.09)

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

Below Fair Value: CUP (A$0.81) is trading below our estimate of fair value (A$5.09)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CUP. This is calculated by dividing CUP's market cap by their current earnings.
What is CUP's PE Ratio?
PE Ratio	122x
Earnings	AU$1.10m
Market Cap	AU$134.68m

CUP 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	1.6x
Enterprise Value/EBITDA	33.3x
PEG Ratio	1.7x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CUP 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	45.4x
KPG Kelly Partners Group Holdings	124.5x	n/a	AU$412.6m
IPH IPH	23x	16.0%	AU$1.4b
AFL AF Legal Group	12.8x	n/a	AU$12.3m
EAX Energy Action	21.3x	n/a	AU$12.5m
CUP Count	122x	70.2%	AU$134.7m

Price-To-Earnings vs Peers: CUP is expensive based on its Price-To-Earnings Ratio (122x) compared to the peer average (45.4x).

Price to Earnings Ratio vs Industry

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

20 Companies	Price / Earnings	Estimated Growth	Market Cap

20 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: CUP is expensive based on its Price-To-Earnings Ratio (122x) compared to the Global Professional Services industry average (20.4x).

Price to Earnings Ratio vs Fair Ratio

What is CUP'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.

CUP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	122x
Fair PE Ratio	32.7x

Price-To-Earnings vs Fair Ratio: CUP is expensive based on its Price-To-Earnings Ratio (122x) compared to the estimated Fair Price-To-Earnings Ratio (32.7x).

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.