Sarine Technologies Valuation

Q: What is the Fair Price of U77 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

U77 (SGD0.24) is trading above our estimate of [[fair value]] (SGD0.07)

Is U77 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 U77 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: U77 (SGD0.24) is trading above our estimate of fair value (SGD0.07)

Significantly Below Fair Value: U77 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for U77?

Key metric: As U77 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for U77. This is calculated by dividing U77's market cap by their current revenue.
What is U77's PS Ratio?
PS Ratio	1.5x
Sales	US$41.08m
Market Cap	US$59.73m

U77 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	0.9x
Enterprise Value/EBITDA	55.8x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does U77's PS Ratio compare to its peers?

The above table shows the PS ratio for U77 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	0.5x
B49 World Precision Machinery	0.6x	n/a	S$102.0m
564 Spindex Industries	0.6x	n/a	S$114.8m
F13 Fu Yu	0.4x	n/a	S$98.3m
M14 InnoTek	0.4x	n/a	S$98.3m
U77 Sarine Technologies	1.5x	n/a	S$80.5m

Price-To-Sales vs Peers: U77 is expensive based on its Price-To-Sales Ratio (1.5x) compared to the peer average (0.5x).

Price to Sales Ratio vs Industry

How does U77's PS Ratio compare vs other companies in the SG Machinery Industry?

1 Company	Price / Sales	Estimated Growth	Market Cap
M03 Miyoshi	0.09x	n/a	US$2.59m

No more companies available in this PS range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: U77 is expensive based on its Price-To-Sales Ratio (1.5x) compared to the SG Machinery industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is U77'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.

U77 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.5x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate U77'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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