VCPlus Valuation

Is 43E 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 43E when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 43E's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 43E's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 43E?

Key metric: As 43E is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 43E. This is calculated by dividing 43E's market cap by their current revenue.
What is 43E's PS Ratio?
PS Ratio	12.9x
Sales	S$777.00k
Market Cap	S$10.00m

43E 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	12.6x
Enterprise Value/EBITDA	-5.8x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 43E's PS Ratio compare to its peers?

The above table shows the PS ratio for 43E 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	2.9x
40W ZICO Holdings	1.1x	n/a	S$19.3m
LMS LMS Compliance	5.5x	n/a	S$38.3m
5MZ Kingsmen Creatives	0.1x	n/a	S$51.5m
TCU Credit Bureau Asia	4.8x	n/a	S$269.6m
43E VCPlus	12.9x	n/a	S$10.0m

Price-To-Sales vs Peers: 43E is expensive based on its Price-To-Sales Ratio (12.9x) compared to the peer average (2.8x).

Price to Sales Ratio vs Industry

How does 43E's PS Ratio compare vs other companies in the Asian Professional Services Industry?

44 Companies	Price / Sales	Estimated Growth	Market Cap

44 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 43E is expensive based on its Price-To-Sales Ratio (12.9x) compared to the Asian Professional Services industry average (1.4x).

Price to Sales Ratio vs Fair Ratio

What is 43E'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.

43E PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	12.9x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 43E'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.