UniTest Incorporation Valuation

Is A086390 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 A086390 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A086390 (₩9330) is trading below our estimate of fair value (₩15391.7)

Significantly Below Fair Value: A086390 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A086390?

Key metric: As A086390 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for A086390. This is calculated by dividing A086390's market cap by their current revenue.
What is A086390's PS Ratio?
PS Ratio	2.2x
Sales	₩84.79b
Market Cap	₩191.13b

A086390 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	2.1x
Enterprise Value/EBITDA	-16x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does A086390's PS Ratio compare to its peers?

The above table shows the PS ratio for A086390 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	1.2x
A083930 Avaco	0.9x	36.8%	₩196.0b
A029460 KC	0.3x	n/a	₩211.9b
A122640 YEST	1.8x	n/a	₩180.3b
A110990 DIT	1.9x	24.6%	₩200.0b
A086390 UniTest Incorporation	2.2x	n/a	₩191.1b

Price-To-Sales vs Peers: A086390 is expensive based on its Price-To-Sales Ratio (2.2x) compared to the peer average (1.2x).

Price to Sales Ratio vs Industry

How does A086390'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$107.27m
A082850 Wooree BioLtd	0.1x	n/a	US$106.81m
A004710 Hansol Technics	0.1x	n/a	US$90.75m
A077500 Uniquest	0.2x	n/a	US$83.09m

11 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: A086390 is expensive based on its Price-To-Sales Ratio (2.2x) compared to the KR Semiconductor industry average (1.2x).

Price to Sales Ratio vs Fair Ratio

What is A086390'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.

A086390 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	2.2x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate A086390'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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