Allpark Empreendimentos Participações e Serviços Valuation

Q: What is the Fair Price of ALPK3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ALPK3 (R$2.86) is trading below our estimate of [[fair value]] (R$9.18)

Is ALPK3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

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 ALPK3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ALPK3 (R$2.86) is trading below our estimate of fair value (R$9.18)

Significantly Below Fair Value: ALPK3 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ALPK3?

Key metric: As ALPK3 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for ALPK3. This is calculated by dividing ALPK3's market cap by their current revenue.
What is ALPK3's PS Ratio?
PS Ratio	0.4x
Sales	R$1.52b
Market Cap	R$597.69m

ALPK3 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	1.2x
Enterprise Value/EBITDA	5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does ALPK3's PS Ratio compare to its peers?

The above table shows the PS ratio for ALPK3 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	1.7x
OPCT3 OceanPact Serviços Marítimos	0.7x	7.6%	R$1.2b
ORVR3 Orizon Valorização de Resíduos	4.3x	23.9%	R$3.8b
GGPS3 GPS Participações e Empreendimentos	0.9x	18.5%	R$12.0b
PRNR3 Priner Serviços Industriais	0.7x	22.7%	R$713.4m
ALPK3 Allpark Empreendimentos Participações e Serviços	0.4x	13.7%	R$597.7m

Price-To-Sales vs Peers: ALPK3 is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (1.7x).

Price to Sales Ratio vs Industry

How does ALPK3's PS Ratio compare vs other companies in the Global Commercial Services Industry?

109 Companies	Price / Sales	Estimated Growth	Market Cap

109 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: ALPK3 is good value based on its Price-To-Sales Ratio (0.4x) compared to the Global Commercial Services industry average (1.1x).

Price to Sales Ratio vs Fair Ratio

What is ALPK3'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.

ALPK3 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.4x
Fair PS Ratio	0.6x

Price-To-Sales vs Fair Ratio: ALPK3 is good value based on its Price-To-Sales Ratio (0.4x) compared to the estimated Fair Price-To-Sales Ratio (0.6x).

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.