Singapore Shipping Valuation

Q: What is the Fair Price of W1M when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

W1M (€0.17) is trading below our estimate of [[fair value]] (€0.98)

Is W1M 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-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of W1M when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: W1M (€0.17) is trading below our estimate of fair value (€0.98)

Significantly Below Fair Value: W1M is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for W1M?

Key metric: As W1M is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for W1M. This is calculated by dividing W1M's market cap by their current earnings.
What is W1M's PE Ratio?
PE Ratio	5.9x
Earnings	US$12.35m
Market Cap	US$72.90m

W1M 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	1.9x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does W1M's PE Ratio compare to its peers?

The above table shows the PE ratio for W1M vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	7.8x
NEP SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft	2.3x	n/a	€111.9m
HHX HAMMONIA Schiffsholding	10.5x	n/a	€40.7m
PM1 Wilson	3.1x	n/a	€258.8m
BLH BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877-	15.5x	n/a	€36.1m
W1M Singapore Shipping	5.9x	n/a	€98.1m

Price-To-Earnings vs Peers: W1M is good value based on its Price-To-Earnings Ratio (5.9x) compared to the peer average (7.8x).

Price to Earnings Ratio vs Industry

How does W1M's PE Ratio compare vs other companies in the European Shipping Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: W1M is good value based on its Price-To-Earnings Ratio (5.9x) compared to the European Shipping industry average (7.8x).

Price to Earnings Ratio vs Fair Ratio

What is W1M's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

W1M PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	5.9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate W1M's Price-To-Earnings 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.