Revenue Group Berhad Valuation

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

REVENUE (MYR0.15) is trading above our estimate of [[fair value]] (MYR0.07)

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

Below Fair Value: REVENUE (MYR0.15) is trading above our estimate of fair value (MYR0.07)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for REVENUE. This is calculated by dividing REVENUE's market cap by their current revenue.
What is REVENUE's PS Ratio?
PS Ratio	0.2x
Sales	RM 425.55m
Market Cap	RM 87.74m

REVENUE 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	0.3x
Enterprise Value/EBITDA	-2.4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for REVENUE 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	10.1x
PERTAMA Pertama Digital Berhad	14.5x	n/a	RM 94.2m
OSKVI OSK Ventures International Berhad	4.6x	n/a	RM 104.1m
ETH Equitiestracker Holdings Berhad	18.9x	n/a	RM 53.0m
JOHAN Johan Holdings Berhad	2.3x	n/a	RM 52.6m
REVENUE Revenue Group Berhad	0.2x	n/a	RM 87.7m

Price-To-Sales vs Peers: REVENUE is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (10.1x).

Price to Sales Ratio vs Industry

How does REVENUE's PS Ratio compare vs other companies in the Asian Diversified Financial Industry?

67 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	4.4x	7.6%
REVENUE Revenue Group Berhad	0.2x	n/a	US$19.62m

67 Companies		Estimated Growth	Market Cap
Industry Avg.	4.4x	16.0%
REVENUE Revenue Group Berhad	0.2x	n/a	US$19.62m

No more companies

Price-To-Sales vs Industry: REVENUE is good value based on its Price-To-Sales Ratio (0.2x) compared to the Asian Diversified Financial industry average (4.4x).

Price to Sales Ratio vs Fair Ratio

What is REVENUE'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.

REVENUE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.2x
Fair PS Ratio	n/a

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