Asia Energy Logistics Group Valuation

Q: What is the Fair Price of 351 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

351 (HK$0.12) is trading below our estimate of [[fair value]] (HK$0.71)

Is 351 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 351 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 351 (HK$0.12) is trading below our estimate of fair value (HK$0.71)

Significantly Below Fair Value: 351 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 351?

Key metric: As 351 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 351. This is calculated by dividing 351's market cap by their current revenue.
What is 351's PS Ratio?
PS Ratio	2.1x
Sales	HK$112.80m
Market Cap	HK$239.40m

351 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	2x
Enterprise Value/EBITDA	-33.6x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 351's PS Ratio compare to its peers?

The above table shows the PS ratio for 351 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	1.1x
3683 Great Harvest Maeta Holdings	1.7x	n/a	HK$179.1m
1549 Ever Harvest Group Holdings	0.5x	n/a	HK$169.0m
137 Jinhui Holdings	0.4x	n/a	HK$360.6m
1145 Courage Investment Group	1.9x	n/a	HK$140.5m
351 Asia Energy Logistics Group	2.1x	n/a	HK$239.4m

Price-To-Sales vs Peers: 351 is expensive based on its Price-To-Sales Ratio (2.1x) compared to the peer average (1.1x).

Price to Sales Ratio vs Industry

How does 351's PS Ratio compare vs other companies in the Asian Shipping Industry?

7 Companies	Price / Sales	Estimated Growth	Market Cap

7 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 351 is expensive based on its Price-To-Sales Ratio (2.1x) compared to the Asian Shipping industry average (1.5x).

Price to Sales Ratio vs Fair Ratio

What is 351'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.

351 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	2.1x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 351'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.