Openedges Technology Valuation

Is A394280 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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 A394280 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A394280 (₩10050) is trading below our estimate of fair value (₩14494.39)

Significantly Below Fair Value: A394280 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A394280?

Key metric: As A394280 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for A394280. This is calculated by dividing A394280's market cap by their current revenue.
What is A394280's PS Ratio?
PS Ratio	9.9x
Sales	₩22.23b
Market Cap	₩219.18b

A394280 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	10.1x
Enterprise Value/EBITDA	-17x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does A394280's PS Ratio compare to its peers?

The above table shows the PS ratio for A394280 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	1.3x
A322000 HD Hyundai Energy SolutionsLtd	0.5x	n/a	₩217.6b
A200710 ADTechnologyLtd	1.6x	43.0%	₩186.4b
A123860 Anapass	2.1x	59.5%	₩249.7b
A077360 Duksan Hi MetalLtd	0.9x	17.2%	₩178.6b
A394280 Openedges Technology	9.9x	57.3%	₩219.2b

Price-To-Sales vs Peers: A394280 is expensive based on its Price-To-Sales Ratio (9.9x) compared to the peer average (1.3x).

Price to Sales Ratio vs Industry

How does A394280's PS Ratio compare vs other companies in the KR Semiconductor Industry?

10 Companies	Price / Sales	Estimated Growth	Market Cap
A082850 Wooree BioLtd	0.1x	n/a	US$106.13m
A033160 MK Electron	0.1x	n/a	US$105.16m
A004710 Hansol Technics	0.1x	n/a	US$89.89m
A077500 Uniquest	0.1x	n/a	US$70.41m

10 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: A394280 is expensive based on its Price-To-Sales Ratio (9.9x) compared to the KR Semiconductor industry average (1.2x).

Price to Sales Ratio vs Fair Ratio

What is A394280'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.

A394280 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	9.9x
Fair PS Ratio	33.5x

Price-To-Sales vs Fair Ratio: A394280 is good value based on its Price-To-Sales Ratio (9.9x) compared to the estimated Fair Price-To-Sales Ratio (33.5x).

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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