Upwork Valuation

Q: What is the Fair Price of U2PW34 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

U2PW34 (R$18.7) is trading below our estimate of [[fair value]] (R$41.8)

Is U2PW34 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-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 U2PW34 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: U2PW34 (R$18.7) is trading below our estimate of fair value (R$41.8)

Significantly Below Fair Value: U2PW34 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for U2PW34?

Key metric: As U2PW34 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for U2PW34. This is calculated by dividing U2PW34's market cap by their current earnings.
What is U2PW34's PE Ratio?
PE Ratio	25x
Earnings	US$85.79m
Market Cap	US$2.14b

U2PW34 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	2.5x
Enterprise Value/EBITDA	29.9x
PEG Ratio	1.5x

Price to Earnings Ratio vs Peers

How does U2PW34's PE Ratio compare to its peers?

The above table shows the PE ratio for U2PW34 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	20.7x
GGPS3 GPS Participações e Empreendimentos	17.5x	23.0%	R$11.8b
ORVR3 Orizon Valorização de Resíduos	23x	36.6%	R$3.7b
6028 TechnoPro Holdings	18.5x	12.4%	JP¥285.8b
4194 Visional	24x	12.4%	JP¥311.2b
U2PW34 Upwork	25x	16.6%	R$2.1b

Price-To-Earnings vs Peers: U2PW34 is expensive based on its Price-To-Earnings Ratio (25x) compared to the peer average (20.9x).

Price to Earnings Ratio vs Industry

How does U2PW34's PE Ratio compare vs other companies in the Global Professional Services Industry?

20 Companies	Price / Earnings	Estimated Growth	Market Cap

20 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: U2PW34 is expensive based on its Price-To-Earnings Ratio (25x) compared to the Global Professional Services industry average (20.4x).

Price to Earnings Ratio vs Fair Ratio

What is U2PW34'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.

U2PW34 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	25x
Fair PE Ratio	33.1x

Price-To-Earnings vs Fair Ratio: U2PW34 is good value based on its Price-To-Earnings Ratio (25x) compared to the estimated Fair Price-To-Earnings Ratio (33.1x).

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.