Northamber Valuation

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

NAR (£0.29) is trading above our estimate of [[fair value]] (£0.06)

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

Below Fair Value: NAR (£0.29) is trading above our estimate of fair value (£0.06)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for NAR. This is calculated by dividing NAR's market cap by their current revenue.
What is NAR's PS Ratio?
PS Ratio	0.1x
Sales	UK£62.77m
Market Cap	UK£7.95m

NAR 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	0.09x
Enterprise Value/EBITDA	-23.3x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for NAR 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
HDT Holders Technology	0.2x	n/a	UK£2.1m
NWT Newmark Security	0.4x	n/a	UK£8.1m
MIDW Midwich Group	0.2x	3.2%	UK£293.9m
LST Light Science Technologies Holdings	0.8x	n/a	UK£8.5m
NAR Northamber	0.1x	n/a	UK£7.9m

Price-To-Sales vs Peers: NAR is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.4x).

Price to Sales Ratio vs Industry

How does NAR's PS Ratio compare vs other companies in the GB Electronic Industry?

6 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	1.5x	5.7%
NAR Northamber	0.1x	n/a	US$10.02m
MIDW Midwich Group	0.2x	3.2%	US$370.53m
HDT Holders Technology	0.2x	n/a	US$2.71m

6 Companies		Estimated Growth	Market Cap
Industry Avg.	1.5x	7.9%
NAR Northamber	0.1x	n/a	US$10.02m

No more companies

Price-To-Sales vs Industry: NAR is good value based on its Price-To-Sales Ratio (0.1x) compared to the UK Electronic industry average (1.5x).

Price to Sales Ratio vs Fair Ratio

What is NAR'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.

NAR PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.1x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate NAR's Price-To-Sales 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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