Invesco QQQ Trust Series 1 Valuation

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

QQQ * (MX$10355) is trading below our estimate of [[fair value]] (MX$19524.76)

Is QQQ * 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-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: QQQ * (MX$10355) is trading below our estimate of fair value (MX$19524.76)

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

Key Valuation Metric

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

Key metric: As QQQ * is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for QQQ *. This is calculated by dividing QQQ *'s market cap by their current earnings.
What is QQQ *'s PE Ratio?
PE Ratio	6.2x
Earnings	US$50.04b
Market Cap	US$309.32b

QQQ * 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	202.2x
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does QQQ *'s PE Ratio compare to its peers?

Insufficient data to calculate this valuation analysis check

The above table shows the PE ratio for QQQ * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	n/a
QQQ * Invesco QQQ Trust Series 1	6.2x	n/a	Mex$309.3b

Price-To-Earnings vs Peers: Insufficient data to calculate QQQ *'s Price-To-Earnings Ratio vs. peers for valuation analysis.

Price to Earnings Ratio vs Industry

How does QQQ *'s PE Ratio compare vs other companies in the South American Capital Markets Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: QQQ * is good value based on its Price-To-Earnings Ratio (6.2x) compared to the South American Capital Markets industry average (9.4x).

Price to Earnings Ratio vs Fair Ratio

What is QQQ *'s PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

QQQ * PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	6.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate QQQ *'s Price-To-Earnings 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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