Averbuch Formica Center Valuation

Is AVER undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: AVER (₪9.68) is trading below our estimate of fair value (₪9.87)

Significantly Below Fair Value: AVER is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for AVER. This is calculated by dividing AVER's market cap by their current revenue.
What is AVER's PS Ratio?
PS Ratio	3.8x
Sales	₪17.68m
Market Cap	₪67.97m

AVER 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	4.5x
Enterprise Value/EBITDA	50.2x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for AVER 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	1.2x
GKL Global Knafaim Leasing	3x	n/a	₪117.0m
AMRK Amir Marketing and Investments in Agriculture	0.3x	n/a	₪366.5m
MNIN Mendelson Infrastructures & Industries	0.5x	n/a	₪493.3m
SCOP Scope Metals Group	0.9x	n/a	₪1.7b
AVER Averbuch Formica Center	3.8x	n/a	₪68.0m

Price-To-Sales vs Peers: AVER is expensive based on its Price-To-Sales Ratio (3.8x) compared to the peer average (1.2x).

Price to Sales Ratio vs Industry

How does AVER's PS Ratio compare vs other companies in the Asian Trade Distributors Industry?

111 Companies	Price / Sales	Estimated Growth	Market Cap

111 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: AVER is expensive based on its Price-To-Sales Ratio (3.8x) compared to the Asian Trade Distributors industry average (0.6x).

Price to Sales Ratio vs Fair Ratio

What is AVER'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.

AVER PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	3.8x
Fair PS Ratio	n/a

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