Advancecon Holdings Berhad Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: Insufficient data to calculate ADVCON's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ADVCON's fair value for valuation analysis.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for ADVCON. This is calculated by dividing ADVCON's market cap by their current revenue.
What is ADVCON's PS Ratio?
PS Ratio	0.3x
Sales	RM 406.21m
Market Cap	RM 135.19m

ADVCON 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	0.9x
Enterprise Value/EBITDA	-37.7x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for ADVCON 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	0.5x
ROHAS Rohas Tecnic Berhad	0.4x	n/a	RM 137.1m
WIDAD Widad Group Berhad	1x	n/a	RM 154.8m
ANEKA Aneka Jaringan Holdings Berhad	0.5x	n/a	RM 98.2m
CRESBLD Crest Builder Holdings Berhad	0.2x	n/a	RM 106.2m
ADVCON Advancecon Holdings Berhad	0.3x	n/a	RM 135.2m

Price-To-Sales vs Peers: ADVCON is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (0.5x).

Price to Sales Ratio vs Industry

How does ADVCON's PS Ratio compare vs other companies in the MY Construction Industry?

7 Companies	Price / Sales	Estimated Growth	Market Cap
EDGENTA UEM Edgenta Berhad	0.2x	1.2%	US$124.46m
PRTASCO Protasco Berhad	0.09x	n/a	US$24.39m
CRESBLD Crest Builder Holdings Berhad	0.2x	n/a	US$23.90m
TJSETIA Tuju Setia Berhad	0.1x	n/a	US$16.04m

7 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: ADVCON is good value based on its Price-To-Sales Ratio (0.3x) compared to the MY Construction industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is ADVCON'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.

ADVCON PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.3x
Fair PS Ratio	n/a

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