Beam Communications Holdings Valuation

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

BCC (A$0.08) is trading below our estimate of [[fair value]] (A$0.1)

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

Below Fair Value: BCC (A$0.08) is trading below our estimate of fair value (A$0.1)

Significantly Below Fair Value: BCC is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for BCC. This is calculated by dividing BCC's market cap by their current revenue.
What is BCC's PS Ratio?
PS Ratio	0.2x
Sales	AU$32.75m
Market Cap	AU$7.09m

BCC 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	0.1x
Enterprise Value/EBITDA	9.4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for BCC 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	1.3x
MOB Mobilicom	2x	n/a	AU$13.3m
SEN Senetas	1.1x	n/a	AU$34.6m
ZMM Zimi	1.5x	n/a	AU$4.9m
SP3 Spectur	0.7x	n/a	AU$5.5m
BCC Beam Communications Holdings	0.2x	n/a	AU$7.1m

Price-To-Sales vs Peers: BCC is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (1.1x).

Price to Sales Ratio vs Industry

How does BCC's PS Ratio compare vs other companies in the Global Communications Industry?

87 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	1.7x	10.2%
BCC Beam Communications Holdings	0.2x	n/a	US$4.60m

87 Companies		Estimated Growth	Market Cap
Industry Avg.	1.7x	23.9%
BCC Beam Communications Holdings	0.2x	n/a	US$4.60m

No more companies

Price-To-Sales vs Industry: BCC is good value based on its Price-To-Sales Ratio (0.2x) compared to the Global Communications industry average (1.7x).

Price to Sales Ratio vs Fair Ratio

What is BCC'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.

BCC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.2x
Fair PS Ratio	n/a

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