Secure Electronic Technology Plc

NGSE:NSLTECH Stock Report

Market Cap: ₦3.1b

Secure Electronic Technology Valuation

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

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

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


Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for NSLTECH. This is calculated by dividing NSLTECH's market cap by their current revenue.
What is NSLTECH's PS Ratio?
PS Ratio0.7x
Sales₦4.17b
Market Cap₦3.10b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for NSLTECH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.1x
TANTALIZER Tantalizers
5.7xn/a₦6.5b
TOURIST Tourist Company of Nigeria
1.1xn/a₦5.6b
IKEJAHOTEL Ikeja Hotel
1.1xn/a₦17.3b
SBET SharpLink Gaming
0.6xn/aUS$2.4m
NSLTECH Secure Electronic Technology
0.7xn/a₦3.1b

Price-To-Sales vs Peers: NSLTECH is good value based on its Price-To-Sales Ratio (0.7x) compared to the peer average (1.8x).


Price to Sales Ratio vs Industry

How does NSLTECH's PS Ratio compare vs other companies in the African Hospitality Industry?

7 CompaniesPrice / SalesEstimated GrowthMarket Cap
NSLTECH 0.7xIndustry Avg. 1.4xNo. of Companies9PS0246810+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: NSLTECH is good value based on its Price-To-Sales Ratio (0.7x) compared to the African Hospitality industry average (1.4x).


Price to Sales Ratio vs Fair Ratio

What is NSLTECH'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.

NSLTECH PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.7x
Fair PS Ration/a

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