Pensonic Holdings Berhad Valuation

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

PENSONI (MYR0.58) is trading above our estimate of [[fair value]] (MYR0.04)

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

Below Fair Value: PENSONI (MYR0.58) is trading above our estimate of fair value (MYR0.04)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for PENSONI. This is calculated by dividing PENSONI's market cap by their current revenue.
What is PENSONI's PS Ratio?
PS Ratio	0.3x
Sales	RM 316.05m
Market Cap	RM 88.37m

PENSONI 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	0.4x
Enterprise Value/EBITDA	-118.9x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for PENSONI 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	1.1x
KHIND Khind Holdings Berhad	0.2x	n/a	RM 100.9m
MILUX Milux Corporation Berhad	2.6x	n/a	RM 129.3m
PANAMY Panasonic Manufacturing Malaysia Berhad	1.2x	17.2%	RM 1.1b
HAILY Haily Group Berhad	0.3x	n/a	RM 94.2m
PENSONI Pensonic Holdings Berhad	0.3x	n/a	RM 88.4m

Price-To-Sales vs Peers: PENSONI is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (1.1x).

Price to Sales Ratio vs Industry

How does PENSONI's PS Ratio compare vs other companies in the MY Consumer Durables Industry?

1 Company	Price / Sales	Estimated Growth	Market Cap
CAMRES CAM Resources Berhad	0.2x	n/a	US$14.31m

No more companies available in this PS range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: PENSONI is good value based on its Price-To-Sales Ratio (0.3x) compared to the MY Consumer Durables industry average (1.1x).

Price to Sales Ratio vs Fair Ratio

What is PENSONI'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.

PENSONI PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.3x
Fair PS Ratio	n/a

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