Go Innovate Asia Berhad

KLSE:GOINNO Stock Report

Market Cap: RM 18.0m

Go Innovate Asia Berhad Valuation

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

Below Fair Value: GOINNO (MYR0.06) is trading below our estimate of fair value (MYR0.43)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for GOINNO. This is calculated by dividing GOINNO's market cap by their current revenue.
What is GOINNO's PS Ratio?
PS Ratio0.01x
SalesRM 1.38b
Market CapRM 18.00m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for GOINNO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.5x
BCMALL BCM Alliance Berhad
0.2xn/aRM 20.3m
PASUKGB Pasukhas Group Berhad
0.5xn/aRM 27.6m
SCC SCC Holdings Berhad
0.6xn/aRM 33.9m
KNUSFOR Knusford Berhad
0.6xn/aRM 64.8m
GOINNO Go Innovate Asia Berhad
0.01xn/aRM 18.0m

Price-To-Sales vs Peers: GOINNO is good value based on its Price-To-Sales Ratio (0x) compared to the peer average (0.4x).

Price to Sales Ratio vs Industry

How does GOINNO's PS Ratio compare vs other companies in the MY Trade Distributors Industry?

4 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.0.6x3.1%
GOINNO Go Innovate Asia Berhad
 0.01xn/aUS$4.05m
KPSCB KPS Consortium Berhad
0.06xn/aUS$16.82m
CHUAN Chuan Huat Resources Berhad
0.08xn/aUS$14.80m
GOINNO 0.0xIndustry Avg. 0.6xNo. of Companies4PS00.40.81.21.62+
4 CompaniesEstimated GrowthMarket Cap
Industry Avg.0.6x6.9%
GOINNO Go Innovate Asia Berhad
 0.01xn/aUS$4.05m
No more companies

Price-To-Sales vs Industry: GOINNO is good value based on its Price-To-Sales Ratio (0x) compared to the MY Trade Distributors industry average (0.5x).

Price to Sales Ratio vs Fair Ratio

What is GOINNO'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.

GOINNO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.01x
Fair PS Ration/a

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