Baylin Technologies Valuation

Q: What is the Fair Price of 5BT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

5BT (€0.31) is trading below our estimate of [[fair value]] (€0.85)

Is 5BT 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 5BT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 5BT (€0.31) is trading below our estimate of fair value (€0.85)

Significantly Below Fair Value: 5BT is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 5BT?

Key metric: As 5BT is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 5BT. This is calculated by dividing 5BT's market cap by their current revenue.
What is 5BT's PS Ratio?
PS Ratio	1x
Sales	CA$72.26m
Market Cap	CA$70.91m

5BT 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	1.3x
Enterprise Value/EBITDA	-21.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 5BT's PS Ratio compare to its peers?

The above table shows the PS ratio for 5BT 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
DAM DATA MODUL Produktion und Vertrieb von elektronischen Systemen	0.4x	6.0%	€99.4m
KTEK KATEK	0.3x	n/a	€271.6m
SYT Softing	0.4x	6.9%	€35.4m
FEV FORTEC Elektronik	0.6x	5.6%	€60.8m
5BT Baylin Technologies	1x	12.6%	€70.9m

Price-To-Sales vs Peers: 5BT is expensive based on its Price-To-Sales Ratio (1x) compared to the peer average (0.4x).

Price to Sales Ratio vs Industry

How does 5BT's PS Ratio compare vs other companies in the DE Electronic Industry?

5 Companies	Price / Sales	Estimated Growth	Market Cap
SCE Schweizer Electronic	0.08x	4.3%	US$13.12m
IS7 InTiCa Systems	0.08x	7.0%	US$7.44m
UDC UniDevice	0.004x	4.6%	US$1.94m
7PF0 Syncro Group	0.02x	n/a	US$486.57k

5 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 5BT is expensive based on its Price-To-Sales Ratio (1x) compared to the European Electronic industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is 5BT'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.

5BT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1x
Fair PS Ratio	0.6x

Price-To-Sales vs Fair Ratio: 5BT is expensive based on its Price-To-Sales Ratio (1x) compared to the estimated Fair Price-To-Sales Ratio (0.6x).

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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