Thakral Services (India) Valuation

Q: What is the Fair Price of 509015 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

509015 (₹34.93) is trading below our estimate of [[fair value]] (₹65.7)

Is 509015 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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 509015 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 509015 (₹34.93) is trading below our estimate of fair value (₹65.7)

Significantly Below Fair Value: 509015 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 509015?

Key metric: As 509015 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 509015. This is calculated by dividing 509015's market cap by their current revenue.
What is 509015's PS Ratio?
PS Ratio	2.1x
Sales	₹192.63m
Market Cap	₹409.91m

509015 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	2.5x
Enterprise Value/EBITDA	-2016.3x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 509015's PS Ratio compare to its peers?

The above table shows the PS ratio for 509015 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	1.8x
RICHA Richa Info Systems	0.5x	n/a	₹213.2m
517096 Aplab	1.5x	n/a	₹798.5m
531370 Sparc Electrex	3x	n/a	₹241.1m
541945 Ranjeet Mechatronics	2.3x	n/a	₹330.0m
509015 Thakral Services (India)	2.1x	n/a	₹409.9m

Price-To-Sales vs Peers: 509015 is expensive based on its Price-To-Sales Ratio (2.1x) compared to the peer average (1.8x).

Price to Sales Ratio vs Industry

How does 509015's PS Ratio compare vs other companies in the IN Electronic Industry?

7 Companies	Price / Sales	Estimated Growth	Market Cap
REDINGTON Redington	0.2x	10.1%	US$1.77b
RPTECH Rashi Peripherals	0.2x	n/a	US$290.66m
500370 Salora International	0.4x	n/a	US$7.01m
543461 Safa Systems & Technologies	0.05x	n/a	US$3.77m

7 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 509015 is good value based on its Price-To-Sales Ratio (2.1x) compared to the Indian Electronic industry average (2.5x).

Price to Sales Ratio vs Fair Ratio

What is 509015'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.

509015 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 509015'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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