Kelly Partners Group Holdings Valuation

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

Below Fair Value: KPG (A$9.19) is trading below our estimate of fair value (A$15.24)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for KPG. This is calculated by dividing KPG's market cap by their current earnings.
What is KPG's PE Ratio?
PE Ratio	124.5x
Earnings	AU$3.32m
Market Cap	AU$412.63m

KPG 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	4.8x
Enterprise Value/EBITDA	16.9x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for KPG 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	44.8x
IPH IPH	23x	16.0%	AU$1.4b
CUP Count	122x	70.2%	AU$134.7m
AFL AF Legal Group	12.8x	n/a	AU$12.3m
EAX Energy Action	21.3x	n/a	AU$12.5m
KPG Kelly Partners Group Holdings	124.5x	n/a	AU$412.6m

Price-To-Earnings vs Peers: KPG is expensive based on its Price-To-Earnings Ratio (124.5x) compared to the peer average (44.8x).

Price to Earnings Ratio vs Industry

How does KPG'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: KPG is expensive based on its Price-To-Earnings Ratio (124.5x) compared to the Global Professional Services industry average (20.4x).

Price to Earnings Ratio vs Fair Ratio

What is KPG'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.

KPG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	124.5x
Fair PE Ratio	n/a

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