iCon Group Valuation

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

ICON (₪4.66) is trading above our estimate of [[fair value]] (₪2.77)

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

Below Fair Value: ICON (₪4.66) is trading above our estimate of fair value (₪2.77)

Significantly Below Fair Value: ICON is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ICON. This is calculated by dividing ICON's market cap by their current earnings.
What is ICON's PE Ratio?
PE Ratio	8.6x
Earnings	₪30.48m
Market Cap	₪262.81m

ICON 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	0.4x
Enterprise Value/EBITDA	9x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ICON 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	14.6x
SNCM Suny Cellular Communication	7x	n/a	₪236.3m
STG STG International	10x	n/a	₪191.2m
ACCL Accel Solutions Group	26.6x	n/a	₪218.1m
TLSY Telsys	14.6x	n/a	₪1.6b
ICON iCon Group	8.6x	n/a	₪262.8m

Price-To-Earnings vs Peers: ICON is good value based on its Price-To-Earnings Ratio (8.6x) compared to the peer average (14.6x).

Price to Earnings Ratio vs Industry

How does ICON's PE Ratio compare vs other companies in the Asian Electronic Industry?

36 Companies	Price / Earnings	Estimated Growth	Market Cap

36 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: ICON is good value based on its Price-To-Earnings Ratio (8.6x) compared to the Asian Electronic industry average (24.4x).

Price to Earnings Ratio vs Fair Ratio

What is ICON'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.

ICON PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.6x
Fair PE Ratio	n/a

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

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