Amicorp FS (UK) Valuation

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

AMIF ($1.45) is trading above our estimate of [[fair value]] ($0.01)

Is AMIF undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: AMIF ($1.45) is trading above our estimate of fair value ($0.01)

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

Key Valuation Metric

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

Key metric: As AMIF is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for AMIF. This is calculated by dividing AMIF's market cap by their current revenue.
What is AMIF's PS Ratio?
PS Ratio	12x
Sales	US$14.47m
Market Cap	US$173.95m

AMIF 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	11.8x
Enterprise Value/EBITDA	135.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for AMIF 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
PEEL Peel Hunt	1.6x	n/a	UK£133.9m
FRP FRP Advisory Group	2.8x	7.2%	UK£361.6m
CAV Cavendish Financial	0.6x	n/a	UK£38.4m
AGFX Argentex Group	0.7x	8.5%	UK£36.4m
AMIF Amicorp FS (UK)	12x	10.7%	US$174.0m

Price-To-Sales vs Peers: AMIF is expensive based on its Price-To-Sales Ratio (12x) compared to the peer average (1.4x).

Price to Sales Ratio vs Industry

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

17 Companies	Price / Sales	Estimated Growth	Market Cap
STJ St. James's Place	0.2x	-98.6%	US$5.65b
QLT Quilter	0.3x	-83.1%	US$2.44b
RIV River and Mercantile Group	0.6x	-49.0%	US$50.18m
CAV Cavendish Financial	0.6x	n/a	US$48.61m

17 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: AMIF is expensive based on its Price-To-Sales Ratio (12x) compared to the UK Capital Markets industry average (3.1x).

Price to Sales Ratio vs Fair Ratio

What is AMIF'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.

AMIF PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	12x
Fair PS Ratio	1.6x

Price-To-Sales vs Fair Ratio: AMIF is expensive based on its Price-To-Sales Ratio (12x) compared to the estimated Fair Price-To-Sales Ratio (1.6x).

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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