Dust Valuation

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for THD. This is calculated by dividing THD's market cap by their current revenue.
What is THD's PS Ratio?
PS Ratio	0.4x
Sales	zł14.91m
Market Cap	zł3.61m

THD 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	0.6x
Enterprise Value/EBITDA	4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for THD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	5.6x
ATJ Atomic Jelly	6x	n/a	zł4.0m
IPW Image Power	9.4x	n/a	zł9.2m
OVI Ovid Works	1.9x	n/a	zł3.5m
STA Starward Industries Spólka Akcyjna	5.1x	n/a	zł21.3m
THD Dust	0.4x	n/a	zł5.6m

Price-To-Sales vs Peers: THD is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (5.6x).

Price to Sales Ratio vs Industry

How does THD's PS Ratio compare vs other companies in the PL Entertainment Industry?

6 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	3.4x	11.3%
THD Dust	0.4x	n/a	US$1.35m
BBT BoomBit	0.6x	n/a	US$31.22m
EMU e-Muzyka	0.4x	n/a	US$23.93m

6 Companies		Estimated Growth	Market Cap
Industry Avg.	3.4x	13.4%
THD Dust	0.4x	n/a	US$1.35m

No more companies

Price-To-Sales vs Industry: THD is good value based on its Price-To-Sales Ratio (0.4x) compared to the Polish Entertainment industry average (3.4x).

Price to Sales Ratio vs Fair Ratio

What is THD'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.

THD PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.4x
Fair PS Ratio	n/a

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