Excite Technology Services Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for EXT. This is calculated by dividing EXT's market cap by their current revenue.
What is EXT's PS Ratio?
PS Ratio	2.4x
Sales	AU$8.00m
Market Cap	AU$17.65m

EXT 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	2.3x
Enterprise Value/EBITDA	-8.7x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for EXT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	4.5x
AR9 archTIS	2.1x	n/a	AU$21.2m
PRO Prophecy International Holdings	1.6x	n/a	AU$37.2m
ROC RocketBoots	13x	n/a	AU$9.5m
TNT Tesserent	1.3x	14.0%	AU$176.0m
EXT Excite Technology Services	2.4x	n/a	AU$17.6m

Price-To-Sales vs Peers: EXT is good value based on its Price-To-Sales Ratio (2.4x) compared to the peer average (5.5x).

Price to Sales Ratio vs Industry

How does EXT's PS Ratio compare vs other companies in the AU Software Industry?

16 Companies	Price / Sales	Estimated Growth	Market Cap
ADA Adacel Technologies	0.6x	10.4%	US$18.64m
MOQ MOQ	0.3x	n/a	US$15.57m
DUB Dubber	0.5x	n/a	US$12.06m
NOV Novatti Group	0.3x	9.4%	US$8.47m

16 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: EXT is good value based on its Price-To-Sales Ratio (2.4x) compared to the Australian Software industry average (3.1x).

Price to Sales Ratio vs Fair Ratio

What is EXT'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.

EXT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	2.4x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate EXT's Price-To-Sales 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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