Fragbite Group Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for FRAG. This is calculated by dividing FRAG's market cap by their current revenue.
What is FRAG's PS Ratio?
PS Ratio	0.2x
Sales	SEK 284.41m
Market Cap	SEK 66.14m

FRAG 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	0.3x
Enterprise Value/EBITDA	-37.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for FRAG 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	0.7x
NITRO Nitro Games Oyj	0.4x	13.0%	SEK 58.3m
MAXENT B Maximum Entertainment	0.04x	6.5%	SEK 45.3m
GATE Jumpgate	0.7x	21.1%	SEK 50.4m
EDYOU edyoutec	1.8x	n/a	SEK 54.5m
FRAG Fragbite Group	0.2x	34.3%	SEK 66.1m

Price-To-Sales vs Peers: FRAG is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.7x).

Price to Sales Ratio vs Industry

How does FRAG's PS Ratio compare vs other companies in the SE Entertainment Industry?

3 Companies	Price / Sales	Estimated Growth	Market Cap
MOMENT Moment Group	0.2x	n/a	US$19.19m
MAXENT B Maximum Entertainment	0.04x	6.5%	US$4.15m
AIK B AIK Fotboll	0.1x	n/a	US$3.36m

No more companies available in this PS range

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: FRAG is good value based on its Price-To-Sales Ratio (0.2x) compared to the Swedish Entertainment industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is FRAG'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.

FRAG PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.2x
Fair PS Ratio	0.9x

Price-To-Sales vs Fair Ratio: FRAG is good value based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (0.9x).

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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