Theta Edge Berhad Valuation

Is THETA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: THETA (MYR1.47) is trading above our estimate of fair value (MYR0.2)

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

Key Valuation Metric

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

Key metric: As THETA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for THETA. This is calculated by dividing THETA's market cap by their current earnings.
What is THETA's PE Ratio?
PE Ratio	81.6x
Earnings	RM 2.12m
Market Cap	RM 175.77m

THETA 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	45.9x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does THETA's PE Ratio compare to its peers?

The above table shows the PE ratio for THETA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	65.1x
VTC VETECE Holdings Berhad	160.7x	n/a	RM 186.2m
MSNIAGA Mesiniaga Berhad	62.6x	n/a	RM 97.9m
SLIC SL Innovation Capital Berhad	21.2x	n/a	RM 87.0m
HTPADU HeiTech Padu Berhad	15.9x	n/a	RM 378.6m
THETA Theta Edge Berhad	81.6x	n/a	RM 175.8m

Price-To-Earnings vs Peers: THETA is expensive based on its Price-To-Earnings Ratio (81.6x) compared to the peer average (79.7x).

Price to Earnings Ratio vs Industry

How does THETA's PE Ratio compare vs other companies in the Asian IT Industry?

13 Companies	Price / Earnings	Estimated Growth	Market Cap

13 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: THETA is expensive based on its Price-To-Earnings Ratio (81.6x) compared to the Asian IT industry average (24.1x).

Price to Earnings Ratio vs Fair Ratio

What is THETA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

THETA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	81.6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate THETA's Price-To-Earnings 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%