JMI Hospital Requisite Manufacturing Valuation

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

JHRML (BDT53.2) is trading above our estimate of [[fair value]] (BDT1.95)

Is JHRML 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-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: JHRML (BDT53.2) is trading above our estimate of fair value (BDT1.95)

Significantly Below Fair Value: JHRML is trading above our estimate of fair value.

Key Valuation Metric

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

Key metric: As JHRML is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for JHRML. This is calculated by dividing JHRML's market cap by their current earnings.
What is JHRML's PE Ratio?
PE Ratio	22.7x
Earnings	৳293.13m
Market Cap	৳6.67b

JHRML 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	3.9x
Enterprise Value/EBITDA	12.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does JHRML's PE Ratio compare to its peers?

The above table shows the PE ratio for JHRML vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	27.2x
JMISMDL JMI Syringes & Medical Devices	68.9x	n/a	৳4.0b
5187 Create Medic	8.8x	n/a	JP¥7.8b
4150 Unicon Optical	17.4x	n/a	NT$2.1b
7963 Koken	13.6x	n/a	JP¥7.7b
JHRML JMI Hospital Requisite Manufacturing	22.7x	n/a	৳6.7b

Price-To-Earnings vs Peers: JHRML is good value based on its Price-To-Earnings Ratio (22.7x) compared to the peer average (27.2x).

Price to Earnings Ratio vs Industry

How does JHRML's PE Ratio compare vs other companies in the Asian Medical Equipment Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: JHRML is good value based on its Price-To-Earnings Ratio (22.7x) compared to the Asian Medical Equipment industry average (26.5x).

Price to Earnings Ratio vs Fair Ratio

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

JHRML PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	22.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate JHRML's Price-To-Earnings 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.