OpenSys (M) Berhad Valuation

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

OPENSYS (MYR0.37) is trading above our estimate of [[fair value]] (MYR0.26)

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

Below Fair Value: OPENSYS (MYR0.37) is trading above our estimate of fair value (MYR0.26)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for OPENSYS. This is calculated by dividing OPENSYS's market cap by their current earnings.
What is OPENSYS's PE Ratio?
PE Ratio	12.7x
Earnings	RM 12.86m
Market Cap	RM 163.10m

OPENSYS 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	6.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for OPENSYS 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	23.1x
IRIS IRIS Corporation Berhad	7.5x	n/a	RM 265.1m
K1 K-One Technology Berhad	37.1x	n/a	RM 137.3m
GLOTEC Globaltec Formation Berhad	16.8x	n/a	RM 126.5m
RGTECH Radiant Globaltech Berhad	31.2x	n/a	RM 181.2m
OPENSYS OpenSys (M) Berhad	12.7x	n/a	RM 163.1m

Price-To-Earnings vs Peers: OPENSYS is good value based on its Price-To-Earnings Ratio (12.7x) compared to the peer average (23.1x).

Price to Earnings Ratio vs Industry

How does OPENSYS's PE Ratio compare vs other companies in the Asian Tech Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: OPENSYS is good value based on its Price-To-Earnings Ratio (12.7x) compared to the Asian Tech industry average (22.2x).

Price to Earnings Ratio vs Fair Ratio

What is OPENSYS'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.

OPENSYS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	12.7x
Fair PE Ratio	n/a

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