Binah Capital Group Valuation

Q: What is the Fair Price of O1Y when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

O1Y (€2.34) is trading above our estimate of [[fair value]] (€1.27)

Is O1Y 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 O1Y when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: O1Y (€2.34) is trading above our estimate of fair value (€1.27)

Significantly Below Fair Value: O1Y is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for O1Y?

Key metric: As O1Y is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for O1Y. This is calculated by dividing O1Y's market cap by their current revenue.
What is O1Y's PS Ratio?
PS Ratio	0.3x
Sales	US$161.72m
Market Cap	US$43.50m

O1Y 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	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does O1Y's PS Ratio compare to its peers?

The above table shows the PS ratio for O1Y 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	3.8x
GBQ GBK Beteiligungen	14.4x	n/a	€35.4m
PEH PEH Wertpapier	0.2x	n/a	€34.3m
ADC AdCapital	0.2x	n/a	€31.2m
CPX capsensixx	0.3x	n/a	€48.1m
O1Y Binah Capital Group	0.3x	n/a	€43.5m

Price-To-Sales vs Peers: O1Y is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (3.8x).

Price to Sales Ratio vs Industry

How does O1Y's PS Ratio compare vs other companies in the DE Capital Markets Industry?

23 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	2.9x	0.7%
O1Y Binah Capital Group	0.3x	n/a	US$43.50m
MLP MLP	0.6x	2.3%	US$669.24m
MUX Mutares SE KGaA	0.09x	10.5%	US$504.68m

23 Companies		Estimated Growth	Market Cap
Industry Avg.	2.9x	9.1%
O1Y Binah Capital Group	0.3x	n/a	US$43.50m

No more companies

Price-To-Sales vs Industry: O1Y is good value based on its Price-To-Sales Ratio (0.3x) compared to the German Capital Markets industry average (2.9x).

Price to Sales Ratio vs Fair Ratio

What is O1Y'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.

O1Y PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.3x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate O1Y'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.

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