Securemetric Berhad Valuation

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

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

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

Key Valuation Metric

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

Key metric: As SMETRIC is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for SMETRIC. This is calculated by dividing SMETRIC's market cap by their current revenue.
What is SMETRIC's PS Ratio?
PS Ratio	1.9x
Sales	RM 53.50m
Market Cap	RM 100.99m

SMETRIC 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	1.6x
Enterprise Value/EBITDA	130.8x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for SMETRIC 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	4.9x
NETX NetX Holdings Berhad	5.7x	n/a	RM 93.8m
IDBTECH IDB Technologies Berhad	9.1x	n/a	RM 65.0m
REXIT Rexit Berhad	4x	-5.1%	RM 129.9m
WILLOW Willowglen MSC Berhad	0.7x	n/a	RM 140.6m
SMETRIC Securemetric Berhad	1.9x	n/a	RM 101.0m

Price-To-Sales vs Peers: SMETRIC is good value based on its Price-To-Sales Ratio (1.9x) compared to the peer average (4.9x).

Price to Sales Ratio vs Industry

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

3 Companies	Price / Sales	Estimated Growth	Market Cap
MICROLN Microlink Solutions Berhad	0.5x	n/a	US$28.79m
NEXGRAM Nexgram Holdings Berhad	0.2x	n/a	US$2.98m
LAMBO Lambo Group Berhad	0.3x	n/a	US$1.80m

No more companies available in this PS range

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: SMETRIC is good value based on its Price-To-Sales Ratio (1.9x) compared to the MY Software industry average (3.3x).

Price to Sales Ratio vs Fair Ratio

What is SMETRIC'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.

SMETRIC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.9x
Fair PS Ratio	n/a

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