IDEX Biometrics ASA

BATS-CHIXE:IDEXO Stock Report

Market Cap: NOK 84.6m

IDEX Biometrics Valuation

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

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

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


Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for IDEXO. This is calculated by dividing IDEXO's market cap by their current revenue.
What is IDEXO's PS Ratio?
PS Ratio3.6x
SalesUS$2.19m
Market CapUS$7.94m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for IDEXO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.9x
ZYT Zytronic
0.7xn/aUK£5.3m
CPX CAP-XX
1.6x19.8%UK£3.7m
KETL Strix Group
0.8x3.9%UK£112.3m
SOLI Solid State
0.4x-11.3%UK£70.5m
IDEXO IDEX Biometrics
3.6xn/aNOK 84.6m

Price-To-Sales vs Peers: IDEXO is expensive based on its Price-To-Sales Ratio (3.6x) compared to the peer average (1.5x).


Price to Sales Ratio vs Industry

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

6 CompaniesPrice / SalesEstimated GrowthMarket Cap
MIDW Midwich Group
0.2x3.2%US$366.31m
NAR Northamber
0.1xn/aUS$9.78m
HDT Holders Technology
0.2xn/aUS$2.71m
TWD Trackwise Designs
0.1xn/aUS$1.14m
No. of Companies6PS012345+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: IDEXO is expensive based on its Price-To-Sales Ratio (3.6x) compared to the UK Electronic industry average (1.2x).


Price to Sales Ratio vs Fair Ratio

What is IDEXO'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.

IDEXO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.6x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate IDEXO'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.


Discover undervalued companies