LYC Healthcare Berhad Valuation

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

LYC (MYR0.09) is trading above our estimate of [[fair value]] (MYR0.02)

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

Below Fair Value: LYC (MYR0.09) is trading above our estimate of fair value (MYR0.02)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for LYC. This is calculated by dividing LYC's market cap by their current revenue.
What is LYC's PS Ratio?
PS Ratio	0.4x
Sales	RM 152.27m
Market Cap	RM 64.35m

LYC 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	1.5x
Enterprise Value/EBITDA	34.7x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for LYC 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	1x
PRIVA Privasia Technology Berhad	0.7x	n/a	RM 77.7m
EDARAN Edaran Berhad	0.9x	n/a	RM 95.0m
DFX Divfex Berhad	1.8x	n/a	RM 89.5m
ZENTECH Zen Tech International Berhad	0.6x	n/a	RM 31.4m
LYC LYC Healthcare Berhad	0.4x	n/a	RM 64.3m

Price-To-Sales vs Peers: LYC is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (1x).

Price to Sales Ratio vs Industry

How does LYC's PS Ratio compare vs other companies in the MY IT Industry?

2 Companies	Price / Sales	Estimated Growth	Market Cap
ARBB ARB Berhad	0.2x	n/a	US$9.82m
CLOUD Cloudaron Group Berhad	0.03x	n/a	US$933.16k

No more companies available in this PS range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: LYC is good value based on its Price-To-Sales Ratio (0.4x) compared to the MY IT industry average (1.7x).

Price to Sales Ratio vs Fair Ratio

What is LYC'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.

LYC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.4x
Fair PS Ratio	n/a

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

Discover undervalued companies

IFCA MSC Berhad

RM 380.4m

A business software solution company, engages in the research and development of enterprise-wide business solutions in Malaysia and internationally.

IFCAMSC

RM 0.63

10.5%

121.1%

M N C Wireless Berhad

RM 19.0m

An investment holding company, engages in the research, development, sale, and marketing of wireless, mobile, and multimedia solutions and content in Malaysia.

MNC

RM 0.08

-38.5%

Infomina Berhad

RM 763.6m

Provides technology application and infrastructure solutions.

INFOM

RM 1.27

-4.5%

-25.7%