Mikro MSC Berhad Valuation

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

MIKROMB (MYR0.24) is trading above our estimate of [[fair value]] (MYR0.16)

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

Below Fair Value: MIKROMB (MYR0.24) is trading above our estimate of fair value (MYR0.16)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MIKROMB. This is calculated by dividing MIKROMB's market cap by their current earnings.
What is MIKROMB's PE Ratio?
PE Ratio	7.2x
Earnings	RM 35.87m
Market Cap	RM 257.64m

MIKROMB 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	4.2x
Enterprise Value/EBITDA	7.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MIKROMB 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	49.2x
QES QES Group Berhad	34x	37.8%	RM 433.8m
K1 K-One Technology Berhad	37.1x	n/a	RM 137.3m
SOLUTN Solution Group Berhad	73.6x	n/a	RM 60.5m
ITMAX ITMAX System Berhad	52.2x	22.0%	RM 3.6b
MIKROMB Mikro MSC Berhad	7.2x	n/a	RM 257.6m

Price-To-Earnings vs Peers: MIKROMB is good value based on its Price-To-Earnings Ratio (7.2x) compared to the peer average (49.2x).

Price to Earnings Ratio vs Industry

How does MIKROMB's PE Ratio compare vs other companies in the MY Electronic Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
HM Harvest Miracle Capital Berhad	5x	n/a	US$7.33m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: MIKROMB is good value based on its Price-To-Earnings Ratio (7.2x) compared to the MY Electronic industry average (28.7x).

Price to Earnings Ratio vs Fair Ratio

What is MIKROMB'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.

MIKROMB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	7.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MIKROMB'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.

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