Grand Banks Yachts Valuation

Q: What is the Fair Price of G50 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

G50 (SGD0.56) is trading above our estimate of [[fair value]] (SGD0)

Is G50 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 G50 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: G50 (SGD0.56) is trading above our estimate of fair value (SGD0)

Significantly Below Fair Value: G50 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for G50?

Key metric: As G50 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for G50. This is calculated by dividing G50's market cap by their current earnings.
What is G50's PE Ratio?
PE Ratio	4.8x
Earnings	S$21.38m
Market Cap	S$103.55m

G50 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	0.5x
Enterprise Value/EBITDA	2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does G50's PE Ratio compare to its peers?

The above table shows the PE ratio for G50 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	24.5x
1MZ Nam Cheong	0.7x	n/a	S$145.1m
A04 ASL Marine Holdings	71.5x	n/a	S$57.3m
BTM Penguin International	11x	n/a	S$189.3m
1A1 Wong Fong Industries	14.9x	n/a	S$34.1m
G50 Grand Banks Yachts	4.8x	n/a	S$103.6m

Price-To-Earnings vs Peers: G50 is good value based on its Price-To-Earnings Ratio (4.8x) compared to the peer average (24.5x).

Price to Earnings Ratio vs Industry

How does G50's PE Ratio compare vs other companies in the Asian Machinery Industry?

22 Companies	Price / Earnings	Estimated Growth	Market Cap

22 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: G50 is good value based on its Price-To-Earnings Ratio (4.8x) compared to the Asian Machinery industry average (22x).

Price to Earnings Ratio vs Fair Ratio

What is G50'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.

G50 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	4.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate G50'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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