Ubour Logistics Services Valuation

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

TRUK (JOD0.59) is trading below our estimate of [[fair value]] (JOD2.9)

Is TRUK 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-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: TRUK (JOD0.59) is trading below our estimate of fair value (JOD2.9)

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

Key Valuation Metric

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

Key metric: As TRUK is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for TRUK. This is calculated by dividing TRUK's market cap by their current book value.
What is TRUK's PB Ratio?
PB Ratio	1x
Book	د.أ312.12k
Market Cap	د.أ327.45k

TRUK 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	n/a
Enterprise Value/EBITDA	5x
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does TRUK's PB Ratio compare to its peers?

The above table shows the PB ratio for TRUK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	2.3x
RUMM Rum Group for Transportation & Tourism Investment P.S.C	2.6x	n/a	د.أ1.9m
526737 Corporate Courier and Cargo	4x	n/a	₹21.4m
NAQL Transport & Investment Barter	0.5x	n/a	د.أ3.5m
TRANSEXPR Trans-Nationwide Express	2x	n/a	₦612.7m
TRUK Ubour Logistics Services	1x	n/a	د.أ327.5k

Price-To-Book vs Peers: TRUK is good value based on its Price-To-Book Ratio (1x) compared to the peer average (2.3x).

Price to Book Ratio vs Industry

How does TRUK's PB Ratio compare vs other companies in the Asian Logistics Industry?

7 Companies	Price / Book	Estimated Growth	Market Cap

7 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: TRUK is good value based on its Price-To-Book Ratio (1x) compared to the Asian Logistics industry average (1.3x).

Price to Book Ratio vs Fair Ratio

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

TRUK PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	1x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate TRUK's Price-To-Book 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.