World Precision Machinery Limited

SGX:B49 Stock Report

Market Cap: S$102.0m

World Precision Machinery Valuation

Is B49 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 B49 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: B49 (SGD0.26) is trading below our estimate of fair value (SGD0.85)

Significantly Below Fair Value: B49 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for B49?

Key metric: As B49 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for B49. This is calculated by dividing B49's market cap by their current revenue.
What is B49's PS Ratio?
PS Ratio0.6x
SalesCN¥879.69m
Market CapCN¥548.36m

Price to Sales Ratio vs Peers

How does B49's PS Ratio compare to its peers?

The above table shows the PS ratio for B49 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.7x
564 Spindex Industries
0.6xn/aS$114.8m
U77 Sarine Technologies
1.5xn/aS$80.5m
F13 Fu Yu
0.4xn/aS$98.3m
M14 InnoTek
0.4xn/aS$98.3m
B49 World Precision Machinery
0.6xn/aS$102.0m

Price-To-Sales vs Peers: B49 is good value based on its Price-To-Sales Ratio (0.6x) compared to the peer average (0.7x).


Price to Sales Ratio vs Industry

How does B49's PS Ratio compare vs other companies in the SG Machinery Industry?

1 CompanyPrice / SalesEstimated GrowthMarket Cap
M03 Miyoshi
0.09xn/aUS$2.59m
No more companies available in this PS range
B49 0.6xIndustry Avg. 0.6xNo. of Companies5PS00.40.81.21.62+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: B49 is good value based on its Price-To-Sales Ratio (0.6x) compared to the SG Machinery industry average (0.7x).


Price to Sales Ratio vs Fair Ratio

What is B49'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.

B49 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.6x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate B49'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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