IQ Group Holdings Berhad Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: IQGROUP (MYR0.63) is trading below our estimate of fair value (MYR0.88)

Significantly Below Fair Value: IQGROUP is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for IQGROUP. This is calculated by dividing IQGROUP's market cap by their current revenue.
What is IQGROUP's PS Ratio?
PS Ratio	0.5x
Sales	RM 114.80m
Market Cap	RM 55.46m

IQGROUP 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	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for IQGROUP 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	1.5x
SOLUTN Solution Group Berhad	0.4x	n/a	RM 60.5m
ITRONIC Industronics Berhad	0.4x	n/a	RM 21.2m
K1 K-One Technology Berhad	0.8x	n/a	RM 133.1m
MIKROMB Mikro MSC Berhad	4.5x	n/a	RM 257.6m
IQGROUP IQ Group Holdings Berhad	0.5x	n/a	RM 55.5m

Price-To-Sales vs Peers: IQGROUP is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (1.5x).

Price to Sales Ratio vs Industry

How does IQGROUP's PS Ratio compare vs other companies in the MY Electronic Industry?

1 Company	Price / Sales	Estimated Growth	Market Cap
AEM AE Multi Holdings Berhad	0.1x	n/a	US$3.39m

No more companies available in this PS range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: IQGROUP is good value based on its Price-To-Sales Ratio (0.5x) compared to the MY Electronic industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is IQGROUP'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.

IQGROUP PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.5x
Fair PS Ratio	n/a

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

IRIS Corporation Berhad

RM 261.0m

Provides technology consulting solutions in Malaysia, Asia, Oceania, Africa, and North America.

IRIS

RM 0.32

6.7%

Globaltec Formation Berhad

RM 126.5m

An investment holding company, provides integrated manufacturing services (IMS) in Malaysia, Indonesia, Singapore, Thailand, the United States, the People’s Republic of China, and internationally.

GLOTEC

RM 0.47

2.2%

-20.3%

Crest Group Berhad

RM 303.0m

Provides imaging, analytical.

CREST

RM 0.34

n/a