Gagasan Nadi Cergas Berhad Valuation

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

Below Fair Value: NADIBHD (MYR0.3) is trading below our estimate of fair value (MYR0.3)

Significantly Below Fair Value: NADIBHD is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

Key metric: As NADIBHD is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for NADIBHD. This is calculated by dividing NADIBHD's market cap by their current revenue.
What is NADIBHD's PS Ratio?
PS Ratio	0.8x
Sales	RM 288.31m
Market Cap	RM 225.90m

NADIBHD 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	1.1x
Enterprise Value/EBITDA	147.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for NADIBHD 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	0.7x
MUDAJYA Mudajaya Group Berhad	0.6x	n/a	RM 265.7m
INTA Inta Bina Group Berhad	0.4x	13.8%	RM 256.5m
HEGROUP HE Group Berhad	1.1x	n/a	RM 235.4m
AWC AWC Berhad	0.7x	5.5%	RM 288.2m
NADIBHD Gagasan Nadi Cergas Berhad	0.8x	n/a	RM 225.9m

Price-To-Sales vs Peers: NADIBHD is expensive based on its Price-To-Sales Ratio (0.8x) compared to the peer average (0.7x).

Price to Sales Ratio vs Industry

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

6 Companies	Price / Sales	Estimated Growth	Market Cap
EDGENTA UEM Edgenta Berhad	0.2x	3.2%	US$115.41m
PRTASCO Protasco Berhad	0.09x	n/a	US$24.26m
TJSETIA Tuju Setia Berhad	0.1x	n/a	US$15.60m
VIZIONE Vizione Holdings Berhad	0.2x	n/a	US$10.53m

6 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: NADIBHD is good value based on its Price-To-Sales Ratio (0.8x) compared to the MY Construction industry average (1.1x).

Price to Sales Ratio vs Fair Ratio

What is NADIBHD'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.

NADIBHD PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.8x
Fair PS Ratio	n/a

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