Mitrajaya Holdings Berhad Valuation

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

Below Fair Value: MITRA (MYR0.28) is trading above our estimate of fair value (MYR0.11)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for MITRA. This is calculated by dividing MITRA's market cap by their current revenue.
What is MITRA's PS Ratio?
PS Ratio	1x
Sales	RM 209.36m
Market Cap	RM 208.46m

MITRA 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	1.6x
Enterprise Value/EBITDA	98.6x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for MITRA 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	1x
GKENT George Kent (Malaysia) Berhad	1.4x	n/a	RM 190.4m
DKLS DKLS Industries Berhad	0.9x	n/a	RM 176.1m
GADANG Gadang Holdings Berhad	0.4x	5.2%	RM 252.3m
SIAB Taghill Holdings Berhad	1.1x	n/a	RM 186.7m
MITRA Mitrajaya Holdings Berhad	1x	n/a	RM 208.5m

Price-To-Sales vs Peers: MITRA is expensive based on its Price-To-Sales Ratio (1x) compared to the peer average (1x).

Price to Sales Ratio vs Industry

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

5 Companies	Price / Sales	Estimated Growth	Market Cap
EDGENTA UEM Edgenta Berhad	0.2x	3.2%	US$116.22m
PRTASCO Protasco Berhad	0.1x	n/a	US$24.78m
TJSETIA Tuju Setia Berhad	0.1x	n/a	US$16.29m
VIZIONE Vizione Holdings Berhad	0.2x	n/a	US$10.98m

5 Companies		Estimated Growth	Market Cap

No more companies

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

Price to Sales Ratio vs Fair Ratio

What is MITRA'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.

MITRA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1x
Fair PS Ratio	n/a

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