Shira Real Estate Development and Investments Company(P.L.C) Valuation

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

SHRA (JOD0.34) is trading below our estimate of [[fair value]] (JOD1.17)

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

Below Fair Value: SHRA (JOD0.34) is trading below our estimate of fair value (JOD1.17)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for SHRA. This is calculated by dividing SHRA's market cap by their current revenue.
What is SHRA's PS Ratio?
PS Ratio	0.8x
Sales	د.أ6.81m
Market Cap	د.أ5.28m

SHRA 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	8.2x
Enterprise Value/EBITDA	7409.3x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for SHRA 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	7.2x
COHO Contempro For Housing Projects	4.5x	n/a	د.أ4.0m
ATTA Comprehensive Land Development and Investment Company (P.L.C)	16.8x	n/a	د.أ10.1m
APCT Al-Arabiya for Investment Projects	7.3x	n/a	د.أ4.3m
ATCO Injaz for Development and Projects Company P.L.C	0.3x	n/a	د.أ12.8m
SHRA Shira Real Estate Development and Investments Company(P.L.C)	0.8x	n/a	د.أ5.3m

Price-To-Sales vs Peers: SHRA is good value based on its Price-To-Sales Ratio (0.8x) compared to the peer average (7.2x).

Price to Sales Ratio vs Industry

How does SHRA's PS Ratio compare vs other companies in the JO Real Estate Industry?

2 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	6.9x	7.4%
SHRA Shira Real Estate Development and Investments Company(P.L.C)	0.8x	n/a	US$7.44m
ATCO Injaz for Development and Projects Company P.L.C	0.3x	n/a	US$18.07m

No more companies available in this PS range

2 Companies		Estimated Growth	Market Cap
Industry Avg.	6.9x	20.6%
SHRA Shira Real Estate Development and Investments Company(P.L.C)	0.8x	n/a	US$7.44m

No more companies

Price-To-Sales vs Industry: SHRA is good value based on its Price-To-Sales Ratio (0.8x) compared to the JO Real Estate industry average (6.9x).

Price to Sales Ratio vs Fair Ratio

What is SHRA'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.

SHRA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.8x
Fair PS Ratio	n/a

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