Keybridge Capital Valuation

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

KBC (A$0.05) is trading below our estimate of [[fair value]] (A$0.19)

Is KBC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: KBC (A$0.05) is trading below our estimate of fair value (A$0.19)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for KBC. This is calculated by dividing KBC's market cap by their current earnings.
What is KBC's PE Ratio?
PE Ratio	1.4x
Earnings	AU$7.16m
Market Cap	AU$10.00m

KBC 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	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for KBC 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	34.7x
CDO Cadence Opportunities Fund	11.5x	n/a	AU$26.8m
ACT Actcelerate International Group	17.3x	n/a	AU$7.3m
AID Australia and International Holdings	106.8x	n/a	AU$5.7m
DWY Dawney & Co	3.1x	n/a	AU$4.4m
KBC Keybridge Capital	1.4x	n/a	AU$10.0m

Price-To-Earnings vs Peers: KBC is good value based on its Price-To-Earnings Ratio (1.4x) compared to the peer average (40.5x).

Price to Earnings Ratio vs Industry

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

4 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	20.0x	12.4%
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$866.40k

4 Companies		Estimated Growth	Market Cap
Industry Avg.	20.0x	12.4%
KBC Keybridge Capital	1.4x	n/a	US$6.46m

No more companies

Price-To-Earnings vs Industry: KBC is good value based on its Price-To-Earnings Ratio (1.4x) compared to the Australian Capital Markets industry average (19.5x).

Price to Earnings Ratio vs Fair Ratio

What is KBC'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.

KBC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	1.4x
Fair PE Ratio	n/a

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