Red Ideas Holdings Berhad

KLSE:REDIDEA Stock Report

Market Cap: RM 5.3m

Red Ideas Holdings Berhad Valuation

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

Below Fair Value: Insufficient data to calculate REDIDEA's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate REDIDEA's fair value for valuation analysis.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for REDIDEA. This is calculated by dividing REDIDEA's market cap by their current revenue.
What is REDIDEA's PS Ratio?
PS Ratio1x
SalesRM 5.33m
Market CapRM 5.25m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for REDIDEA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.3x
1TECH Onetech Solutions Holdings Berhad
2.3xn/aRM 15.4m
MNC M N C Wireless Berhad
1.3xn/aRM 19.0m
NEXGRAM Nexgram Holdings Berhad
0.3xn/aRM 17.7m
RPLANET RedPlanet Berhad
1.5xn/aRM 51.1m
REDIDEA Red Ideas Holdings Berhad
1xn/aRM 5.3m

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

Price to Sales Ratio vs Industry

How does REDIDEA's PS Ratio compare vs other companies in the MY Software Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
MICROLN Microlink Solutions Berhad
0.4xn/aUS$27.69m
NEXGRAM Nexgram Holdings Berhad
0.3xn/aUS$3.98m
LAMBO Lambo Group Berhad
0.3xn/aUS$1.80m
No more companies available in this PS range
REDIDEA 1.0xIndustry Avg. 3.8xNo. of Companies5PS02.44.87.29.612+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: REDIDEA is good value based on its Price-To-Sales Ratio (1x) compared to the MY Software industry average (3.3x).

Price to Sales Ratio vs Fair Ratio

What is REDIDEA'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.

REDIDEA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1x
Fair PS Ration/a

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