BrainChip Holdings Ltd

ASX:BRN Stock Report

Market Cap: AU$473.5m

BrainChip Holdings Valuation

Is BRN 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-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

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

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

Key Valuation Metric

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

Key metric: As BRN barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for BRN. This is calculated by dividing BRN's market cap by their current book value.
What is BRN's PB Ratio?
PB Ratio21.2x
BookUS$14.52m
Market CapUS$307.86m

Price to Book Ratio vs Peers

How does BRN's PB Ratio compare to its peers?

The above table shows the PB ratio for BRN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average4.7x
BVS Bravura Solutions
5.1x7.4%AU$672.5m
IFM Infomedia
3.8x21.0%AU$505.9m
FCL FINEOS Corporation Holdings
2.6x73.9%AU$703.7m
CAT Catapult Group International
7.4x80.1%AU$916.1m
BRN BrainChip Holdings
21.2xn/aAU$473.5m

Price-To-Book vs Peers: BRN is expensive based on its Price-To-Book Ratio (21.2x) compared to the peer average (4.7x).

Price to Book Ratio vs Industry

How does BRN's PB Ratio compare vs other companies in the AU Software Industry?

6 CompaniesPrice / BookEstimated GrowthMarket Cap
BTH Bigtincan Holdings
0.6x109.2%US$93.49m
99L 99 Loyalty
0.2xn/aUS$7.80m
ATV ActivePort Group
0.4xn/aUS$5.98m
LVT LiveTiles
0.2xn/aUS$3.79m
BRN 21.2xIndustry Avg. 3.4xNo. of Companies11PB02.44.87.29.612+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: BRN is expensive based on its Price-To-Book Ratio (21.2x) compared to the Australian Software industry average (3.4x).

Price to Book Ratio vs Fair Ratio

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

BRN PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio21.2x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate BRN's Price-To-Book 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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