Redbubble Valuation
Is RBL undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for RBL?
Other financial metrics that can be useful for relative valuation.
| What is RBL's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | AU$106.34m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.03x |
| Enterprise Value/EBITDA | -0.3x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does RBL's PS Ratio compare to its peers?
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 0.7x | ||
TRS Reject Shop | 0.2x | 5.7% | AU$173.4m |
KGN Kogan.com | 0.8x | 8.2% | AU$492.0m |
MYR Myer Holdings | 0.2x | 1.2% | AU$562.1m |
HVN Harvey Norman Holdings | 1.5x | 4.9% | AU$4.3b |
RBL Redbubble | 0.2x | 6.3% | AU$106.3m |
Price-To-Sales vs Peers: RBL is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.7x).
Price to Earnings Ratio vs Industry
How does RBL's PE Ratio compare vs other companies in the Global Multiline Retail Industry?
Price-To-Sales vs Industry: RBL is good value based on its Price-To-Sales Ratio (0.2x) compared to the Global Multiline Retail industry average (0.9x)
Price to Sales Ratio vs Fair Ratio
What is RBL'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.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.2x |
| Fair PS Ratio | 0.2x |
Price-To-Sales vs Fair Ratio: RBL is expensive based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (0.2x).
Share Price vs Fair Value
What is the Fair Price of RBL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: RBL (A$0.37) is trading above our estimate of fair value (A$0.36)
Significantly Below Fair Value: RBL is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | AU$0.37 | AU$0.66 +77.9% | 34.9% | AU$1.15 | AU$0.45 | n/a | 6 |
| May ’24 | AU$0.39 | AU$0.64 +65.2% | 33.8% | AU$1.15 | AU$0.45 | n/a | 7 |
| Apr ’24 | AU$0.45 | AU$0.67 +49.2% | 30.2% | AU$1.15 | AU$0.52 | n/a | 7 |
| Mar ’24 | AU$0.47 | AU$0.69 +49.3% | 29.0% | AU$1.15 | AU$0.52 | n/a | 9 |
| Feb ’24 | AU$0.50 | AU$0.80 +60.2% | 39.5% | AU$1.50 | AU$0.52 | n/a | 9 |
| Jan ’24 | AU$0.52 | AU$0.89 +71.4% | 40.2% | AU$1.50 | AU$0.55 | n/a | 9 |
| Dec ’23 | AU$0.57 | AU$0.89 +55.0% | 40.2% | AU$1.50 | AU$0.55 | n/a | 9 |
| Nov ’23 | AU$0.54 | AU$0.89 +65.0% | 40.2% | AU$1.50 | AU$0.55 | n/a | 9 |
| Oct ’23 | AU$0.63 | AU$1.27 +102.3% | 25.8% | AU$1.80 | AU$0.90 | n/a | 9 |
| Sep ’23 | AU$0.72 | AU$1.32 +83.5% | 24.2% | AU$1.80 | AU$0.92 | n/a | 8 |
| Aug ’23 | AU$1.15 | AU$1.68 +46.4% | 30.3% | AU$2.30 | AU$0.93 | n/a | 7 |
| Jul ’23 | AU$0.90 | AU$1.83 +103.7% | 38.1% | AU$3.00 | AU$0.93 | n/a | 7 |
| Jun ’23 | AU$0.98 | AU$2.03 +106.5% | 25.9% | AU$3.00 | AU$1.30 | n/a | 7 |
| May ’23 | AU$1.14 | AU$2.38 +109.2% | 20.4% | AU$3.00 | AU$1.45 | AU$0.39 | 8 |
| Apr ’23 | AU$1.53 | AU$2.73 +78.4% | 17.2% | AU$3.80 | AU$2.25 | AU$0.45 | 8 |
| Mar ’23 | AU$1.97 | AU$2.73 +38.9% | 17.2% | AU$3.80 | AU$2.25 | AU$0.47 | 8 |
| Feb ’23 | AU$1.85 | AU$2.99 +62.2% | 16.4% | AU$3.80 | AU$2.55 | AU$0.50 | 8 |
| Jan ’23 | AU$3.27 | AU$4.81 +47.0% | 20.8% | AU$6.50 | AU$3.45 | AU$0.52 | 9 |
| Dec ’22 | AU$3.38 | AU$5.16 +52.5% | 16.6% | AU$6.50 | AU$4.00 | AU$0.57 | 7 |
| Nov ’22 | AU$4.13 | AU$5.35 +29.5% | 16.4% | AU$6.50 | AU$4.00 | AU$0.54 | 5 |
| Oct ’22 | AU$4.35 | AU$4.94 +13.6% | 16.6% | AU$6.00 | AU$4.00 | AU$0.63 | 3 |
| Sep ’22 | AU$4.19 | AU$4.94 +18.0% | 16.6% | AU$6.00 | AU$4.00 | AU$0.72 | 3 |
| Aug ’22 | AU$3.24 | AU$5.13 +58.2% | 20.2% | AU$6.50 | AU$4.00 | AU$1.15 | 3 |
| Jul ’22 | AU$3.61 | AU$5.13 +42.1% | 20.2% | AU$6.50 | AU$4.00 | AU$0.90 | 3 |
| Jun ’22 | AU$3.34 | AU$5.13 +53.5% | 20.2% | AU$6.50 | AU$4.00 | AU$0.98 | 3 |
| May ’22 | AU$4.10 | AU$5.66 +38.1% | 11.7% | AU$6.50 | AU$4.88 | AU$1.14 | 3 |
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.