Immorente Invest Valuation

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

IMO (MAD89.52) is trading above our estimate of [[fair value]] (MAD20.7)

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: IMO (MAD89.52) is trading above our estimate of fair value (MAD20.7)

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

Key Valuation Metric

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

Key metric: As IMO is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for IMO. This is calculated by dividing IMO's market cap by their current revenue.
What is IMO's PS Ratio?
PS Ratio	10.6x
Sales	د.م76.37m
Market Cap	د.م806.31m

IMO 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	12.8x
Enterprise Value/EBITDA	23.2x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for IMO 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	3.9x
NUGYO Nurol Gayrimenkul Yatirim Ortakligi	2.9x	n/a	₺2.7b
CPNCG CPN Commercial Growth Leasehold Property Fund	3.2x	n/a	฿2.6b
ENBDREIT ENBD REIT (CEIC)	2.4x	n/a	US$85.0m
AIRE Alternative Income REIT	7.1x	n/a	UK£55.7m
IMO Immorente Invest	10.6x	7.9%	د.م806.3m

Price-To-Sales vs Peers: IMO is expensive based on its Price-To-Sales Ratio (10.6x) compared to the peer average (3.9x).

Price to Sales Ratio vs Industry

How does IMO's PS Ratio compare vs other companies in the African REITs Industry?

1 Company	Price / Sales	Estimated Growth	Market Cap

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: IMO is expensive based on its Price-To-Sales Ratio (10.6x) compared to the Global REITs industry average (6.3x).

Price to Sales Ratio vs Fair Ratio

What is IMO'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.

IMO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	10.6x
Fair PS Ratio	n/a

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