Holmes Place International Valuation

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

HLMS (₪5.64) is trading below our estimate of [[fair value]] (₪12.44)

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

Valuation Score

4/6

Valuation Score 4/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: HLMS (₪5.64) is trading below our estimate of fair value (₪12.44)

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

Key Valuation Metric

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

Key metric: As HLMS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for HLMS. This is calculated by dividing HLMS's market cap by their current earnings.
What is HLMS's PE Ratio?
PE Ratio	11.3x
Earnings	₪45.95m
Market Cap	₪516.93m

HLMS 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	2.9x
Enterprise Value/EBITDA	13x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does HLMS's PE Ratio compare to its peers?

The above table shows the PE ratio for HLMS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	13.1x
DANH Dan Hotels	26.9x	n/a	₪2.2b
ISTA Issta	12.1x	n/a	₪1.5b
QNCO Y.Z. Queenco	7.2x	n/a	₪125.6m
AVIA Aviation Links	6.3x	n/a	₪115.1m
HLMS Holmes Place International	11.3x	n/a	₪516.9m

Price-To-Earnings vs Peers: HLMS is good value based on its Price-To-Earnings Ratio (11.3x) compared to the peer average (13.1x).

Price to Earnings Ratio vs Industry

How does HLMS's PE Ratio compare vs other companies in the Asian Hospitality Industry?

22 Companies	Price / Earnings	Estimated Growth	Market Cap

22 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: HLMS is good value based on its Price-To-Earnings Ratio (11.3x) compared to the Asian Hospitality industry average (20.9x).

Price to Earnings Ratio vs Fair Ratio

What is HLMS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

HLMS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	11.3x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate HLMS's Price-To-Earnings 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.