São Paulo Turismo Valuation

Q: What is the Fair Price of AHEB5 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

AHEB5 (R$41) is trading below our estimate of [[fair value]] (R$775.24)

Is AHEB5 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

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 AHEB5 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AHEB5 (R$41) is trading below our estimate of fair value (R$775.24)

Significantly Below Fair Value: AHEB5 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AHEB5?

Key metric: As AHEB5 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AHEB5. This is calculated by dividing AHEB5's market cap by their current earnings.
What is AHEB5's PE Ratio?
PE Ratio	2.3x
Earnings	R$143.09m
Market Cap	R$324.53m

AHEB5 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	0.4x
Enterprise Value/EBITDA	1.5x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does AHEB5's PE Ratio compare to its peers?

The above table shows the PE ratio for AHEB5 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	13.2x
SMFT3 Smartfit Escola de Ginástica e Dança	13.4x	15.4%	R$11.8b
VTRU3 Vitru Brasil Empreendimentos Participações e Comércio	20.8x	42.1%	R$1.1b
HOOT4 Hotéis Othon	0.5x	n/a	R$46.5m
NINJ3 GetNinjas	18x	-111.5%	R$232.9m
AHEB5 São Paulo Turismo	2.3x	n/a	R$324.5m

Price-To-Earnings vs Peers: AHEB5 is good value based on its Price-To-Earnings Ratio (2.3x) compared to the peer average (12.9x).

Price to Earnings Ratio vs Industry

How does AHEB5's PE Ratio compare vs other companies in the South American Hospitality Industry?

4 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	17.1x	25.6%
AHEB5 São Paulo Turismo	2.3x	n/a	US$55.84m

4 Companies		Estimated Growth	Market Cap
Industry Avg.	17.1x	25.6%
AHEB5 São Paulo Turismo	2.3x	n/a	US$55.84m

No more companies

Price-To-Earnings vs Industry: AHEB5 is good value based on its Price-To-Earnings Ratio (2.3x) compared to the South American Hospitality industry average (17.1x).

Price to Earnings Ratio vs Fair Ratio

What is AHEB5'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.

AHEB5 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	2.3x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AHEB5'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.