Hearts and Minds Investments Valuation

Is HM1 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 HM1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate HM1's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate HM1's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for HM1?

Key metric: As HM1 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for HM1. This is calculated by dividing HM1's market cap by their current earnings.
What is HM1's PE Ratio?
PE Ratio	13.6x
Earnings	AU$50.93m
Market Cap	AU$691.53m

HM1 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	0.9x
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does HM1's PE Ratio compare to its peers?

The above table shows the PE ratio for HM1 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	37.5x
PAC Pacific Current Group	5.1x	-44.5%	AU$557.5m
MAF MA Financial Group	42.5x	42.5%	AU$1.1b
MIR Mirrabooka Investments	62.1x	n/a	AU$666.3m
EQT EQT Holdings	40.1x	22.7%	AU$845.6m
HM1 Hearts and Minds Investments	13.6x	n/a	AU$691.5m

Price-To-Earnings vs Peers: HM1 is good value based on its Price-To-Earnings Ratio (13.6x) compared to the peer average (37.5x).

Price to Earnings Ratio vs Industry

How does HM1's PE Ratio compare vs other companies in the AU Capital Markets Industry?

4 Companies	Price / Earnings	Estimated Growth	Market Cap
KBC Keybridge Capital	1.4x	n/a	US$6.46m
OEQ Orion Equities	0.6x	n/a	US$1.22m
QUE Queste Communications	0.8x	n/a	US$862.51k
PEQA Pritchard Equity	2.7x	n/a	US$861.02k

No more companies available in this PE range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: HM1 is good value based on its Price-To-Earnings Ratio (13.6x) compared to the Australian Capital Markets industry average (20x).

Price to Earnings Ratio vs Fair Ratio

What is HM1'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.

HM1 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	13.6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate HM1'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.

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