Oman National Engineering & Investment Company SAOG

MSM:ONES Stock Report

Market Cap: ر.ع18.5m

Oman National Engineering & Investment Company SAOG Valuation

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

Below Fair Value: ONES (OMR0.12) is trading below our estimate of fair value (OMR0.19)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ONES. This is calculated by dividing ONES's market cap by their current earnings.
What is ONES's PE Ratio?
PE Ratio7.8x
Earningsر.ع2.38m
Market Capر.ع18.45m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ONES vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.4x
VOES Voltamp Energy SAOG
10.7xn/aر.ع32.5m
GADANG Gadang Holdings Berhad
51.7x46.5%RM 244.3m
1848 Fuji P.S
16.8xn/aJP¥7.2b
PLC PLC
10.2xn/a€46.3m
ONES Oman National Engineering & Investment Company SAOG
7.8xn/aر.ع18.5m

Price-To-Earnings vs Peers: ONES is good value based on its Price-To-Earnings Ratio (7.8x) compared to the peer average (22.4x).


Price to Earnings Ratio vs Industry

How does ONES's PE Ratio compare vs other companies in the Asian Construction Industry?

27 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ONES 7.8xIndustry Avg. 15.0xNo. of Companies80PE01020304050+
27 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ONES is good value based on its Price-To-Earnings Ratio (7.8x) compared to the Asian Construction industry average (15x).


Price to Earnings Ratio vs Fair Ratio

What is ONES'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.

ONES PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.8x
Fair PE Ration/a

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