Harim Holdings Valuation

Is A003380 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 A003380 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A003380 (₩5930) is trading below our estimate of fair value (₩13478.32)

Significantly Below Fair Value: A003380 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A003380?

Key metric: As A003380 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for A003380. This is calculated by dividing A003380's market cap by their current revenue.
What is A003380's PS Ratio?
PS Ratio	0.05x
Sales	₩11.68t
Market Cap	₩579.68b

A003380 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	0.8x
Enterprise Value/EBITDA	7.6x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does A003380's PS Ratio compare to its peers?

The above table shows the PS ratio for A003380 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	0.3x
A005180 Binggrae	0.4x	4.3%	₩632.2b
A049770 Dongwon F&B	0.1x	4.1%	₩601.1b
A003920 Namyang Dairy Products	0.6x	n/a	₩492.7b
A000070 Samyang Holdings	0.2x	n/a	₩525.5b
A003380 Harim Holdings	0.05x	n/a	₩579.7b

Price-To-Sales vs Peers: A003380 is good value based on its Price-To-Sales Ratio (0x) compared to the peer average (0.3x).

Price to Sales Ratio vs Industry

How does A003380's PS Ratio compare vs other companies in the KR Food Industry?

8 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	0.2x	6.8%
A003380 Harim Holdings	0.05x	n/a	US$413.89m
A084690 Daesang Holdings	0.06x	n/a	US$249.58m
A136490 SunjinLtd	0.09x	n/a	US$105.10m

8 Companies		Estimated Growth	Market Cap
Industry Avg.	0.2x	14.6%
A003380 Harim Holdings	0.05x	n/a	US$413.89m

No more companies

Price-To-Sales vs Industry: A003380 is good value based on its Price-To-Sales Ratio (0x) compared to the KR Food industry average (0.2x).

Price to Sales Ratio vs Fair Ratio

What is A003380'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.

A003380 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.05x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate A003380'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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