Aquis Entertainment Valuation

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

Below Fair Value: Insufficient data to calculate AQS's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate AQS's fair value for valuation analysis.

Key Valuation Metric

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

Key metric: As AQS is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for AQS. This is calculated by dividing AQS's market cap by their current book value.
What is AQS's PB Ratio?
PB Ratio	1.1x
Book	AU$33.94m
Market Cap	AU$36.10m

AQS 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	-1.4x
Enterprise Value/EBITDA	-5.8x
PEG Ratio	n/a

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for AQS 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	12.9x
RCT Reef Casino Trust	5.9x	n/a	AU$62.5m
BBT BlueBet Holdings	44.6x	91.4%	AU$152.9m
DNA Donaco International	0.2x	n/a	AU$33.3m
BET Betmakers Technology Group	0.9x	95.1%	AU$97.0m
AQS Aquis Entertainment	1.1x	n/a	AU$36.1m

Price-To-Book vs Peers: AQS is good value based on its Price-To-Book Ratio (1.1x) compared to the peer average (2.5x).

Price to Book Ratio vs Industry

How does AQS's PB Ratio compare vs other companies in the AU Hospitality Industry?

3 Companies	Price / Book	Estimated Growth	Market Cap
DNA Donaco International	0.2x	n/a	US$21.69m
AAT Australian Adventure Tourism Group	0.2x	n/a	US$1.34m
MCL Mighty Craft	0.1x	n/a	US$1.26m

No more companies available in this PB range

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: AQS is good value based on its Price-To-Book Ratio (1.1x) compared to the Australian Hospitality industry average (1.3x).

Price to Book Ratio vs Fair Ratio

What is AQS'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.

AQS PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	1.1x
Fair PB Ratio	n/a

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