ICD Valuation

Q: What is the Fair Price of A040910 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

A040910 (₩4870) is trading above our estimate of [[fair value]] (₩751.85)

Is A040910 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-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 A040910 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A040910 (₩4870) is trading above our estimate of fair value (₩751.85)

Significantly Below Fair Value: A040910 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A040910?

Key metric: As A040910 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for A040910. This is calculated by dividing A040910's market cap by their current revenue.
What is A040910's PS Ratio?
PS Ratio	0.8x
Sales	₩97.85b
Market Cap	₩79.44b

A040910 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	-2.9x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does A040910's PS Ratio compare to its peers?

The above table shows the PS ratio for A040910 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	1.9x
A083500 FNS TECH	1.7x	n/a	₩73.1b
A141000 Viatron Technologies	1.6x	n/a	₩72.6b
A256630 POINT ENGINEERINGLtd	2.6x	n/a	₩65.5b
A187870 Device ENGLtd	1.8x	n/a	₩89.7b
A040910 ICD	0.8x	n/a	₩79.4b

Price-To-Sales vs Peers: A040910 is good value based on its Price-To-Sales Ratio (0.8x) compared to the peer average (1.9x).

Price to Sales Ratio vs Industry

How does A040910's PS Ratio compare vs other companies in the KR Semiconductor Industry?

11 Companies	Price / Sales	Estimated Growth	Market Cap
A033160 MK Electron	0.1x	n/a	US$106.83m
A082850 Wooree BioLtd	0.1x	n/a	US$106.36m
A004710 Hansol Technics	0.1x	n/a	US$90.50m
A077500 Uniquest	0.2x	n/a	US$82.86m

11 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: A040910 is good value based on its Price-To-Sales Ratio (0.8x) compared to the KR Semiconductor industry average (1.1x).

Price to Sales Ratio vs Fair Ratio

What is A040910'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.

A040910 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 A040910'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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