Airtasker Limited

ASX:ART Stock Report

Market Cap: AU$131.5m

Airtasker Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: ART (A$0.29) is trading below our estimate of fair value (A$0.94)

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

Key Valuation Metric

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

Key metric: As ART is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for ART. This is calculated by dividing ART's market cap by their current revenue.
What is ART's PS Ratio?
PS Ratio2.8x
SalesAU$46.84m
Market CapAU$131.46m

Price to Sales Ratio vs Peers

How does ART's PS Ratio compare to its peers?

The above table shows the PS ratio for ART vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.1x
FDV Frontier Digital Ventures
2.4x11.0%AU$173.4m
HPG hipages Group Holdings
2x9.6%AU$159.5m
OVT Ovanti
6.7xn/aAU$42.0m
RMY RMA Global
1.4x17.0%AU$26.4m
ART Airtasker
2.8x13.9%AU$131.5m

Price-To-Sales vs Peers: ART is good value based on its Price-To-Sales Ratio (2.8x) compared to the peer average (3.1x).

Price to Sales Ratio vs Industry

How does ART's PS Ratio compare vs other companies in the Global Interactive Media and Services Industry?

42 CompaniesPrice / SalesEstimated GrowthMarket Cap
ART 2.8xIndustry Avg. 1.6xNo. of Companies54PS01.63.24.86.48+
42 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: ART is expensive based on its Price-To-Sales Ratio (2.8x) compared to the Global Interactive Media and Services industry average (1.6x).

Price to Sales Ratio vs Fair Ratio

What is ART's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ART PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.8x
Fair PS Ratio1.4x

Price-To-Sales vs Fair Ratio: ART is expensive based on its Price-To-Sales Ratio (2.8x) compared to the estimated Fair Price-To-Sales Ratio (1.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ART forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$0.29
AU$0.42
+43.7%
33.4%AU$0.52AU$0.22n/a3
Nov ’25AU$0.28
AU$0.42
+46.2%
33.4%AU$0.52AU$0.22n/a3
Oct ’25AU$0.32
AU$0.42
+30.2%
33.4%AU$0.52AU$0.22n/a3
Sep ’25AU$0.27
AU$0.42
+58.5%
37.1%AU$0.54AU$0.20n/a3
Aug ’25AU$0.29
AU$0.42
+44.8%
37.1%AU$0.54AU$0.20n/a3
Jul ’25AU$0.26
AU$0.37
+42.3%
45.9%AU$0.54AU$0.20n/a2
Jun ’25AU$0.26
AU$0.37
+42.3%
45.9%AU$0.54AU$0.20n/a2
May ’25AU$0.27
AU$0.37
+37.0%
45.9%AU$0.54AU$0.20n/a2
Apr ’25AU$0.27
AU$0.37
+37.0%
45.9%AU$0.54AU$0.20n/a2
Mar ’25AU$0.27
AU$0.36
+33.3%
50.0%AU$0.54AU$0.18n/a2
Feb ’25AU$0.28
AU$0.36
+28.6%
50.0%AU$0.54AU$0.18n/a2
Jan ’25AU$0.20
AU$0.35
+73.2%
49.3%AU$0.53AU$0.18n/a2
Dec ’24AU$0.18
AU$0.27
+50.0%
69.2%AU$0.53AU$0.10n/a3
Nov ’24AU$0.18
AU$0.27
+45.9%
69.2%AU$0.53AU$0.10AU$0.283
Oct ’24AU$0.20
AU$0.27
+38.5%
69.2%AU$0.53AU$0.10AU$0.323
Sep ’24AU$0.21
AU$0.29
+39.7%
60.8%AU$0.53AU$0.10AU$0.273
Aug ’24AU$0.19
AU$0.29
+50.6%
59.9%AU$0.52AU$0.10AU$0.293
Jul ’24AU$0.19
AU$0.32
+66.7%
66.2%AU$0.60AU$0.10AU$0.263
Jun ’24AU$0.17
AU$0.32
+81.0%
66.2%AU$0.60AU$0.10AU$0.263
May ’24AU$0.21
AU$0.45
+114.3%
32.7%AU$0.60AU$0.25AU$0.273
Apr ’24AU$0.23
AU$0.52
+129.6%
43.5%AU$0.80AU$0.25AU$0.273
Mar ’24AU$0.26
AU$0.52
+98.7%
43.5%AU$0.80AU$0.25AU$0.273
Feb ’24AU$0.35
AU$0.57
+61.9%
44.0%AU$0.90AU$0.30AU$0.283
Jan ’24AU$0.34
AU$0.58
+69.1%
46.6%AU$0.95AU$0.30AU$0.203
Dec ’23AU$0.34
AU$0.58
+69.1%
46.6%AU$0.95AU$0.30AU$0.183
Nov ’23AU$0.35
AU$0.58
+66.7%
46.6%AU$0.95AU$0.30AU$0.183

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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