Mirriad Advertising Valuation

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

Below Fair Value: Insufficient data to calculate MIRI's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate MIRI's fair value for valuation analysis.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for MIRI. This is calculated by dividing MIRI's market cap by their current revenue.
What is MIRI's PS Ratio?
PS Ratio	1x
Sales	UK£1.60m
Market Cap	UK£1.60m

MIRI 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	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for MIRI 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	4x
JWNG Jaywing	0.08x	n/a	UK£1.6m
IQO Inteliqo	15.1x	n/a	UK£6.8m
MDZ MediaZest	0.5x	n/a	UK£1.3m
SAL SpaceandPeople	0.2x	n/a	UK£1.6m
MIRI Mirriad Advertising	1x	109.0%	UK£1.6m

Price-To-Sales vs Peers: MIRI is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (4x).

Price to Sales Ratio vs Industry

How does MIRI's PS Ratio compare vs other companies in the GB Media Industry?

3 Companies	Price / Sales	Estimated Growth	Market Cap
TMG Mission Group	0.09x	-41.9%	US$21.03m
JWNG Jaywing	0.08x	n/a	US$2.04m
BONH Bonhill Group	0.04x	n/a	US$681.51k

No more companies available in this PS range

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: MIRI is expensive based on its Price-To-Sales Ratio (1x) compared to the UK Media industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is MIRI'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.

MIRI PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1x
Fair PS Ratio	11.2x

Price-To-Sales vs Fair Ratio: MIRI is good value based on its Price-To-Sales Ratio (1x) compared to the estimated Fair Price-To-Sales Ratio (11.2x).

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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