HG Metal Manufacturing Limited

SGX:BTG Stock Report

Market Cap: S$52.1m

HG Metal Manufacturing Valuation

Is BTG 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-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BTG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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

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

Key Valuation Metric

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

Key metric: As BTG is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BTG. This is calculated by dividing BTG's market cap by their current earnings.
What is BTG's PE Ratio?
PE Ratio8.2x
EarningsS$6.38m
Market CapS$52.13m

Price to Earnings Ratio vs Peers

How does BTG's PE Ratio compare to its peers?

The above table shows the PE ratio for BTG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average9x
BKA Sin Heng Heavy Machinery
6.9xn/aS$57.1m
I06 Intraco
13.4xn/aS$40.9m
BQF XMH Holdings
3.5xn/aS$43.9m
A55 Asia Enterprises Holding
12xn/aS$43.0m
BTG HG Metal Manufacturing
8.2xn/aS$52.1m

Price-To-Earnings vs Peers: BTG is good value based on its Price-To-Earnings Ratio (8.2x) compared to the peer average (9x).

Price to Earnings Ratio vs Industry

How does BTG's PE Ratio compare vs other companies in the Asian Trade Distributors Industry?

15 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BTG 8.2xIndustry Avg. 14.6xNo. of Companies65PE01224364860+
15 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BTG is good value based on its Price-To-Earnings Ratio (8.2x) compared to the Asian Trade Distributors industry average (14.6x).

Price to Earnings Ratio vs Fair Ratio

What is BTG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BTG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BTG's Price-To-Earnings 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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