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PSC Insurance Group Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: PSI (A$6.19) is trading above our estimate of fair value (A$5.82)

Significantly Below Fair Value: PSI is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PSI. This is calculated by dividing PSI's market cap by their current earnings.
What is PSI's PE Ratio?
PE Ratio	39.4x
Earnings	AU$57.16m
Market Cap	AU$2.25b

PSI 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	7.3x
Enterprise Value/EBITDA	23.3x
PEG Ratio	3.5x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PSI 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	30.9x
SDF Steadfast Group	27.1x	10.9%	AU$6.2b
AUB AUB Group	27.1x	11.1%	AU$3.7b
NHF nib holdings	14.9x	5.9%	AU$2.8b
ENA Ensurance	54.6x	n/a	AU$24.3m
PSI PSC Insurance Group	39.4x	11.1%	AU$2.3b

Price-To-Earnings vs Peers: PSI is expensive based on its Price-To-Earnings Ratio (39.4x) compared to the peer average (22.8x).

Price to Earnings Ratio vs Industry

How does PSI's PE Ratio compare vs other companies in the Global Insurance Industry?

14 Companies	Price / Earnings	Estimated Growth	Market Cap

14 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: PSI is expensive based on its Price-To-Earnings Ratio (39.4x) compared to the Global Insurance industry average (11.3x).

Price to Earnings Ratio vs Fair Ratio

What is PSI'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.

PSI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	39.4x
Fair PE Ratio	24.4x

Price-To-Earnings vs Fair Ratio: PSI is expensive based on its Price-To-Earnings Ratio (39.4x) compared to the estimated Fair Price-To-Earnings Ratio (24.4x).

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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