ABS Investment ASI Valuation

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

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

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

Key Valuation Metric

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

Key metric: As AIN 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 AIN. This is calculated by dividing AIN's market cap by their current book value.
What is AIN's PB Ratio?
PB Ratio	0.5x
Book	zł11.11m
Market Cap	zł5.17m

AIN 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 AIN's PB Ratio compare to its peers?

The above table shows the PB ratio for AIN 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	0.7x
EGY Devo Energy	1.1x	n/a	zł4.2m
SHD Soho Development	0.6x	n/a	zł7.8m
IMP Imperio Alternatywna Spolka Inwestycyjna	0.6x	n/a	zł8.5m
NTC New Tech Capital	0.5x	n/a	zł10.0m
AIN ABS Investment ASI	0.5x	n/a	zł5.2m

Price-To-Book vs Peers: AIN is good value based on its Price-To-Book Ratio (0.5x) compared to the peer average (0.7x).

Price to Book Ratio vs Industry

How does AIN's PB Ratio compare vs other companies in the PL Capital Markets Industry?

4 Companies	Price / Book	Estimated Growth	Market Cap
06N Magna Polonia	0.4x	n/a	US$9.40m
BBD BBI Development	0.2x	n/a	US$8.81m
LUD Ludus	0.4x	n/a	US$6.11m
MWT M.W. Trade	0.4x	n/a	US$2.11m

No more companies available in this PB range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: AIN is good value based on its Price-To-Book Ratio (0.5x) compared to the Polish Capital Markets industry average (1.3x).

Price to Book Ratio vs Fair Ratio

What is AIN'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.

AIN PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	0.5x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate AIN'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.

Discover undervalued companies

Indos

zł26.2m

Operates as a financing and receivables management company in Poland.

INS

zł3.68

3.4%

22.7%

Marka

zł1.6m

A financial institution, offers cash loans to individuals in Poland.

MRK

zł0.40

n/a

Mennica Skarbowa

zł48.9m

Mennica Skarbowa S.A. purchases, trades, stores, and sells investment goods in Poland.

MNS

zł47.00

2.8%

-10.3%