Lite Access Technologies Valuation

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

Below Fair Value: LTE (CA$0.1) is trading below our estimate of fair value (CA$1.64)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for LTE. This is calculated by dividing LTE's market cap by their current revenue.
What is LTE's PS Ratio?
PS Ratio	1.9x
Sales	CA$4.37m
Market Cap	CA$8.29m

LTE 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	1.8x
Enterprise Value/EBITDA	-11x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for LTE 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	1.4x
YTY Wi2Wi	1.4x	n/a	CA$13.0m
DCSI Direct Communication Solutions	0.7x	n/a	CA$6.5m
TTZ Total Telcom	2.9x	n/a	CA$5.8m
NVI Novra Technologies	0.7x	n/a	CA$4.0m
LTE Lite Access Technologies	1.9x	n/a	CA$8.3m

Price-To-Sales vs Peers: LTE is expensive based on its Price-To-Sales Ratio (1.9x) compared to the peer average (1.4x).

Price to Sales Ratio vs Industry

How does LTE's PS Ratio compare vs other companies in the CA Communications Industry?

0 Companies	Price / Sales	Estimated Growth	Market Cap

No more companies available in this PS range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: LTE is expensive based on its Price-To-Sales Ratio (1.9x) compared to the North American Communications industry average (1.1x).

Price to Sales Ratio vs Fair Ratio

What is LTE'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.

LTE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.9x
Fair PS Ratio	n/a

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

Discover undervalued companies

Quarterhill

CA$185.1m

Operates in intelligent transportation system business in Canada and internationally.

QTRH

CA$1.60

3.2%

-3.6%

Super Micro Computer

US$16.6b

Develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally.

SMCI

US$9.60

39.5%

n/a

Gatekeeper Systems

CA$58.1m

Designs, manufactures, markets, and sells video security solutions for mobile and transportation environment for children, passengers, and public safety in Canada and the United States.

GSI

CA$0.62

6.9%

82.4%