Asiabest Group International Valuation

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

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

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

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

Key Valuation Metric

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

Key metric: As ABG is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for ABG. This is calculated by dividing ABG's market cap by their current book value.
What is ABG's PB Ratio?
PB Ratio	22.7x
Book	₱251.13m
Market Cap	₱5.70b

ABG 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 Book Ratio vs Peers

How does ABG's PB Ratio compare to its peers?

The above table shows the PB ratio for ABG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	1.4x
FNI Global Ferronickel Holdings	0.5x	n/a	₱6.7b
CPM Century Peak Holdings	3x	n/a	₱7.4b
BC Benguet	0.3x	n/a	₱2.6b
ECVC East Coast Vulcan Mining	1.8x	n/a	₱2.6b
ABG Asiabest Group International	22.7x	n/a	₱5.7b

Price-To-Book vs Peers: ABG is expensive based on its Price-To-Book Ratio (22.7x) compared to the peer average (1.4x).

Price to Book Ratio vs Industry

How does ABG's PB Ratio compare vs other companies in the PH Metals and Mining Industry?

1 Company	Price / Book	Estimated Growth	Market Cap
ORE Oriental Peninsula Resources Group	0.2x	n/a	US$21.97m

No more companies available in this PB range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: ABG is expensive based on its Price-To-Book Ratio (22.7x) compared to the PH Metals and Mining industry average (0.9x).

Price to Book Ratio vs Fair Ratio

What is ABG's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ABG PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	22.7x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate ABG's Price-To-Book 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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