Ireka Corporation Berhad

KLSE:IREKA Stock Report

Market Cap: RM 95.7m

Ireka Corporation Berhad Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: IREKA (MYR0.42) is trading above our estimate of fair value (MYR0.05)

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


Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for IREKA. This is calculated by dividing IREKA's market cap by their current revenue.
What is IREKA's PS Ratio?
PS Ratio2.6x
SalesRM 36.82m
Market CapRM 95.67m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for IREKA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.7x
ZECON Zecon Berhad
0.4xn/aRM 69.5m
BINTAI Bintai Kinden Corporation Berhad
3.4xn/aRM 103.7m
LEBTECH Lebtech Berhad
5.3xn/aRM 107.8m
BENALEC Benalec Holdings Berhad
1.4xn/aRM 112.1m
IREKA Ireka Corporation Berhad
2.6xn/aRM 95.7m

Price-To-Sales vs Peers: IREKA is good value based on its Price-To-Sales Ratio (2.6x) compared to the peer average (2.7x).


Price to Sales Ratio vs Industry

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

7 CompaniesPrice / SalesEstimated GrowthMarket Cap
EDGENTA UEM Edgenta Berhad
0.2x1.2%US$124.46m
PRTASCO Protasco Berhad
0.09xn/aUS$24.39m
CRESBLD Crest Builder Holdings Berhad
0.2xn/aUS$23.90m
TJSETIA Tuju Setia Berhad
0.1xn/aUS$16.04m
IREKA 2.6xIndustry Avg. 1.0xNo. of Companies13PS00.81.62.43.24+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: IREKA is expensive based on its Price-To-Sales Ratio (2.6x) compared to the MY Construction industry average (1x).


Price to Sales Ratio vs Fair Ratio

What is IREKA'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.

IREKA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.6x
Fair PS Ration/a

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