RM Infrastructure Income Valuation

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

RMII (£0.7) is trading above our estimate of [[fair value]] (£0.55)

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

Below Fair Value: RMII (£0.7) is trading above our estimate of fair value (£0.55)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for RMII. This is calculated by dividing RMII's market cap by their current earnings.
What is RMII's PE Ratio?
PE Ratio	21.9x
Earnings	UK£3.12m
Market Cap	UK£68.54m

RMII 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	6.7x
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for RMII 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	16.8x
LIV Livermore Investments Group	4.7x	n/a	UK£73.7m
LSAA Life Settlement Assets	12.9x	n/a	US$91.7m
EJFI EJF Investments	8.7x	n/a	UK£68.8m
PMI Premier Miton Group	41x	67.1%	UK£85.8m
RMII RM Infrastructure Income	21.9x	n/a	UK£68.5m

Price-To-Earnings vs Peers: RMII is expensive based on its Price-To-Earnings Ratio (21.9x) compared to the peer average (16.8x).

Price to Earnings Ratio vs Industry

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

5 Companies	Price / Earnings	Estimated Growth	Market Cap
CBA CEIBA Investments	2.8x	n/a	US$42.52m
PNIX Phoenix Digital Assets	1.1x	n/a	US$32.25m
IX. i(x) Net Zero	0.1x	n/a	US$8.94m
APQ APQ Global	0.4x	n/a	US$5.78m

5 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: RMII is expensive based on its Price-To-Earnings Ratio (21.9x) compared to the UK Capital Markets industry average (12.1x).

Price to Earnings Ratio vs Fair Ratio

What is RMII'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.

RMII PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	21.9x
Fair PE Ratio	n/a

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

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