Waves Valuation

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for WAVES. This is calculated by dividing WAVES's market cap by their current earnings.
What is WAVES's PE Ratio?
PE Ratio	7x
Earnings	PK₨305.58m
Market Cap	PK₨2.13b

WAVES 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	2.4x
Enterprise Value/EBITDA	13x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for WAVES 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	50.6x
WAVESAPP Waves Home Appliances	38.8x	n/a	PK₨3.3b
CCM Crescent Cotton Mills	25.5x	n/a	PK₨1.4b
REWM Reliance Weaving Mills	127.7x	n/a	PK₨3.5b
TOWL Towellers	10.4x	n/a	PK₨2.4b
WAVES Waves	7x	n/a	PK₨2.1b

Price-To-Earnings vs Peers: WAVES is good value based on its Price-To-Earnings Ratio (7x) compared to the peer average (50.6x).

Price to Earnings Ratio vs Industry

How does WAVES's PE Ratio compare vs other companies in the Asian Consumer Durables Industry?

10 Companies	Price / Earnings	Estimated Growth	Market Cap

10 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: WAVES is good value based on its Price-To-Earnings Ratio (7x) compared to the Asian Consumer Durables industry average (17.5x).

Price to Earnings Ratio vs Fair Ratio

What is WAVES'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.

WAVES PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	7x
Fair PE Ratio	n/a

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