Coursera Valuation

Q: What is the Fair Price of C2OU34 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

C2OU34 (R$21.36) is trading below our estimate of [[fair value]] (R$34.03)

Is C2OU34 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-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 C2OU34 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: C2OU34 (R$21.36) is trading below our estimate of fair value (R$34.03)

Significantly Below Fair Value: C2OU34 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for C2OU34?

Key metric: As C2OU34 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for C2OU34. This is calculated by dividing C2OU34's market cap by their current revenue.
What is C2OU34's PS Ratio?
PS Ratio	1.8x
Sales	US$684.37m
Market Cap	US$1.13b

C2OU34 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	0.6x
Enterprise Value/EBITDA	-4.2x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does C2OU34's PS Ratio compare to its peers?

The above table shows the PS ratio for C2OU34 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	0.4x
YDUQ3 Yduqs Participações	0.6x	6.6%	R$2.9b
COGN3 Cogna Educação	0.4x	6.8%	R$2.6b
CSED3 Cruzeiro do Sul Educacional	0.5x	7.4%	R$1.3b
ANIM3 Anima Holding	0.3x	4.1%	R$917.8m
C2OU34 Coursera	1.8x	6.8%	R$1.1b

Price-To-Sales vs Peers: C2OU34 is expensive based on its Price-To-Sales Ratio (1.8x) compared to the peer average (0.4x).

Price to Sales Ratio vs Industry

How does C2OU34's PS Ratio compare vs other companies in the Global Consumer Services Industry?

55 Companies	Price / Sales	Estimated Growth	Market Cap

55 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: C2OU34 is expensive based on its Price-To-Sales Ratio (1.8x) compared to the Global Consumer Services industry average (1.3x).

Price to Sales Ratio vs Fair Ratio

What is C2OU34'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.

C2OU34 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.8x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate C2OU34'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.