Charnic Capital Valuation
Is NICK undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of NICK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NICK (IDR640) is trading below our estimate of fair value (IDR994.09)
Significantly Below Fair Value: NICK is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NICK?
Key metric: As NICK is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.
| What is NICK's PB Ratio? | |
|---|---|
| PB Ratio | 2.4x |
| Book | Rp175.64b |
| Market Cap | Rp416.74b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | -29.8x |
| Enterprise Value/EBITDA | -24.7x |
| PEG Ratio | n/a |
Price to Book Ratio vs Peers
How does NICK's PB Ratio compare to its peers?
| Company | Forward PB | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 1.7x | ||
ROCK Rockfields Properti Indonesia | 0.5x | n/a | Rp399.0b |
LPLI Star Pacific | 0.2x | n/a | Rp304.3b |
MTSM Metro Realty | 5.8x | n/a | Rp177.0b |
INDO Royalindo Investa Wijaya | 0.5x | n/a | Rp460.2b |
NICK Charnic Capital | 2.4x | n/a | Rp416.7b |
Price-To-Book vs Peers: NICK is expensive based on its Price-To-Book Ratio (2.4x) compared to the peer average (1.7x).
Price to Book Ratio vs Industry
How does NICK's PB Ratio compare vs other companies in the ID Real Estate Industry?
Price-To-Book vs Industry: NICK is expensive based on its Price-To-Book Ratio (2.4x) compared to the ID Real Estate industry average (0.5x).
Price to Book Ratio vs Fair Ratio
What is NICK's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PB Ratio | 2.4x |
| Fair PB Ratio | n/a |
Price-To-Book vs Fair Ratio: Insufficient data to calculate NICK's Price-To-Book 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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