Under Armour Valuation

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

UAAC * (MX$200.01) is trading below our estimate of [[fair value]] (MX$202.42)

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: UAAC * (MX$200.01) is trading below our estimate of fair value (MX$202.42)

Significantly Below Fair Value: UAAC * is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for UAAC *. This is calculated by dividing UAAC *'s market cap by their current revenue.
What is UAAC *'s PS Ratio?
PS Ratio	0.7x
Sales	US$5.28b
Market Cap	US$3.65b

UAAC * 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	279.3x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does UAAC *'s PS Ratio compare to its peers?

The above table shows the PS ratio for UAAC * 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	8.4x
BRBY Burberry Group	1.2x	1.9%	UK£3.3b
KPRMILL K.P.R. Mill	5.4x	10.7%	₹321.5b
COLM Columbia Sportswear	1.5x	4.6%	US$4.8b
MANYAVAR Vedant Fashions	25.6x	15.7%	₹343.9b
UAAC * Under Armour	0.7x	5.6%	Mex$3.7b

Price-To-Sales vs Peers: UAAC * is good value based on its Price-To-Sales Ratio (0.7x) compared to the peer average (2.6x).

Price to Sales Ratio vs Industry

How does UAAC *'s PS Ratio compare vs other companies in the South American Luxury Industry?

4 Companies	Price / Sales	Estimated Growth	Market Cap

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: UAAC * is good value based on its Price-To-Sales Ratio (0.7x) compared to the South American Luxury industry average (0.8x).

Price to Sales Ratio vs Fair Ratio

What is UAAC *'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.

UAAC * PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.7x
Fair PS Ratio	2.2x

Price-To-Sales vs Fair Ratio: UAAC * is good value based on its Price-To-Sales Ratio (0.7x) compared to the estimated Fair Price-To-Sales Ratio (2.2x).

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.