RM Valuation

Is RMP1 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-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 RMP1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: RMP1 (€0.86) is trading below our estimate of fair value (€3.47)

Significantly Below Fair Value: RMP1 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for RMP1?

Key metric: As RMP1 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for RMP1. This is calculated by dividing RMP1's market cap by their current revenue.
What is RMP1's PS Ratio?
PS Ratio0.3x
SalesUK£186.77m
Market CapUK£63.48m

Price to Sales Ratio vs Peers

How does RMP1's PS Ratio compare to its peers?

The above table shows the PS ratio for RMP1 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.3x
ESY Easy Software
1.8xn/a€94.1m
BSS Beta Systems Software
1.6x9.1%€115.0m
CSH CENIT
0.4x5.2%€71.1m
SJJ Serviceware
1.3x8.8%€126.0m
0.3xn/a€63.5m

Price-To-Sales vs Peers: RMP1 is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (1.3x).


Price to Sales Ratio vs Industry

How does RMP1's PS Ratio compare vs other companies in the DE Software Industry?

8 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.2.2x10.6%
0.3xn/aUS$79.55m
CSH CENIT
0.4x5.2%US$74.07m
CLIQ Cliq Digital
0.09x13.2%US$25.62m
RMP1 0.3xIndustry Avg. 2.2xNo. of Companies7PS02.44.87.29.612+
8 CompaniesEstimated GrowthMarket Cap
Industry Avg.2.2x39.7%
0.3xn/aUS$79.55m
No more companies

Price-To-Sales vs Industry: RMP1 is good value based on its Price-To-Sales Ratio (0.3x) compared to the German Software industry average (2.2x).


Price to Sales Ratio vs Fair Ratio

What is RMP1'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.

RMP1 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate RMP1'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