Ray Go Solar Holdings Berhad

KLSE:RGS Stock Report

Market Cap: RM 39.5m

Ray Go Solar Holdings Berhad Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of RGS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: RGS (MYR0.16) is trading above our estimate of fair value (MYR0.06)

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

Key Valuation Metric

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

Key metric: As RGS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for RGS. This is calculated by dividing RGS's market cap by their current earnings.
What is RGS's PE Ratio?
PE Ratio87.5x
EarningsRM 451.91k
Market CapRM 39.53m

Price to Earnings Ratio vs Peers

How does RGS's PE Ratio compare to its peers?

The above table shows the PE ratio for RGS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.2x
FIBON Fibon Berhad
12.6xn/aRM 41.5m
HWGB Ho Wah Genting Berhad
26.6xn/aRM 45.2m
UMSNGB UMS-Neiken Group Berhad
11.9xn/aRM 74.0m
METROD Metrod Holdings Berhad
9.8xn/aRM 165.6m
RGS Ray Go Solar Holdings Berhad
87.5xn/aRM 39.5m

Price-To-Earnings vs Peers: RGS is expensive based on its Price-To-Earnings Ratio (87.5x) compared to the peer average (15.5x).

Price to Earnings Ratio vs Industry

How does RGS's PE Ratio compare vs other companies in the Asian Electrical Industry?

23 CompaniesPrice / EarningsEstimated GrowthMarket Cap
RGS 87.5xIndustry Avg. 28.2xNo. of Companies72PE020406080100+
23 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: RGS is expensive based on its Price-To-Earnings Ratio (87.5x) compared to the Asian Electrical industry average (28.9x).

Price to Earnings Ratio vs Fair Ratio

What is RGS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RGS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio87.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate RGS's Price-To-Earnings 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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