Techna-X Berhad

KLSE:TECHNAX Stock Report

Market Cap: RM 22.8m

Techna-X Berhad Valuation

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

Below Fair Value: TECHNAX (MYR0.1) is trading above our estimate of fair value (MYR0.09)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for TECHNAX. This is calculated by dividing TECHNAX's market cap by their current revenue.
What is TECHNAX's PS Ratio?
PS Ratio0.4x
SalesRM 62.92m
Market CapRM 22.83m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for TECHNAX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.4x
BORNOIL Borneo Oil Berhad
1.5xn/aRM 119.9m
FOCUS Focus Dynamics Group Berhad
1.4xn/aRM 127.4m
OVERSEA Oversea Enterprise Berhad
1.4xn/aRM 102.1m
BJFOOD Berjaya Food Berhad
1.2x7.6%RM 691.0m
TECHNAX Techna-X Berhad
0.4xn/aRM 22.8m

Price-To-Sales vs Peers: TECHNAX is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (1.4x).

Price to Sales Ratio vs Industry

How does TECHNAX's PS Ratio compare vs other companies in the MY Hospitality Industry?

1 CompanyPrice / SalesEstimated GrowthMarket Cap
BJLAND Berjaya Land Berhad
0.2xn/aUS$346.57m
No more companies available in this PS range
TECHNAX 0.4xIndustry Avg. 1.5xNo. of Companies4PS01.22.43.64.86+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: TECHNAX is good value based on its Price-To-Sales Ratio (0.4x) compared to the MY Hospitality industry average (1.5x).

Price to Sales Ratio vs Fair Ratio

What is TECHNAX'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.

TECHNAX PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.4x
Fair PS Ration/a

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