PS Tec Valuation

Q: What is the Fair Price of A002230 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

A002230 (₩3885) is trading above our estimate of [[fair value]] (₩2873.52)

Is A002230 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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 A002230 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A002230 (₩3885) is trading above our estimate of fair value (₩2873.52)

Significantly Below Fair Value: A002230 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A002230?

Key metric: As A002230 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for A002230. This is calculated by dividing A002230's market cap by their current revenue.
What is A002230's PS Ratio?
PS Ratio	0.8x
Sales	₩77.05b
Market Cap	₩64.21b

A002230 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	0.3x
Enterprise Value/EBITDA	5.4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does A002230's PS Ratio compare to its peers?

The above table shows the PS ratio for A002230 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	1.7x
A347000 Senko	2x	n/a	₩68.0b
A054800 IDIS Holdings	0.1x	n/a	₩79.6b
A093190 Bixolon	0.6x	n/a	₩66.2b
A004770 Sunny Electronics	4.2x	n/a	₩57.6b
A002230 PS Tec	0.8x	n/a	₩64.2b

Price-To-Sales vs Peers: A002230 is good value based on its Price-To-Sales Ratio (0.8x) compared to the peer average (1.7x).

Price to Sales Ratio vs Industry

How does A002230's PS Ratio compare vs other companies in the KR Electronic Industry?

13 Companies	Price / Sales	Estimated Growth	Market Cap
A031330 SAMT	0.1x	n/a	US$190.71m
A142210 Unitrontech	0.1x	n/a	US$66.04m
A054800 IDIS Holdings	0.1x	n/a	US$56.66m
A037330 Inzi DisplayLtd	0.09x	n/a	US$42.81m

13 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: A002230 is expensive based on its Price-To-Sales Ratio (0.8x) compared to the KR Electronic industry average (0.6x).

Price to Sales Ratio vs Fair Ratio

What is A002230'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.

A002230 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 A002230'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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