Mazaya Real Estate Development Q.P.S.C Valuation

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

Below Fair Value: MRDS (QAR0.61) is trading above our estimate of fair value (QAR0.13)

Significantly Below Fair Value: MRDS is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for MRDS. This is calculated by dividing MRDS's market cap by their current revenue.
What is MRDS's PS Ratio?
PS Ratio	4.4x
Sales	ر.ق137.20m
Market Cap	ر.ق609.00m

MRDS 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	14.6x
Enterprise Value/EBITDA	31.9x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for MRDS 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	3.8x
BRES Barwa Real Estate Company Q.P.S.C	6.6x	n/a	ر.ق11.0b
NLCS Alijarah Holding (Q.P.S.C.)	6.1x	n/a	ر.ق390.4m
UDCD United Development Company Q.P.S.C	2x	n/a	ر.ق4.0b
GICSA B Grupo Gicsa. de	0.6x	2.3%	Mex$3.4b
MRDS Mazaya Real Estate Development Q.P.S.C	4.4x	n/a	ر.ق609.0m

Price-To-Sales vs Peers: MRDS is expensive based on its Price-To-Sales Ratio (4.4x) compared to the peer average (3.8x).

Price to Sales Ratio vs Industry

How does MRDS's PS Ratio compare vs other companies in the Asian Real Estate Industry?

304 Companies	Price / Sales	Estimated Growth	Market Cap

304 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: MRDS is expensive based on its Price-To-Sales Ratio (4.4x) compared to the Asian Real Estate industry average (2.4x).

Price to Sales Ratio vs Fair Ratio

What is MRDS'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.

MRDS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	4.4x
Fair PS Ratio	n/a

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