KOP Valuation

Q: What is the Fair Price of 5I1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

5I1 (SGD0.04) is trading below our estimate of [[fair value]] (SGD4)

Is 5I1 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 5I1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 5I1 (SGD0.04) is trading below our estimate of fair value (SGD4)

Significantly Below Fair Value: 5I1 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 5I1?

Key metric: As 5I1 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 5I1. This is calculated by dividing 5I1's market cap by their current revenue.
What is 5I1's PS Ratio?
PS Ratio	0.5x
Sales	S$83.91m
Market Cap	S$40.99m

5I1 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	0.3x
Enterprise Value/EBITDA	3.6x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 5I1's PS Ratio compare to its peers?

The above table shows the PS ratio for 5I1 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	3.1x
BKW Datapulse Technology	4.2x	n/a	S$26.3m
L38 AF Global	2.6x	n/a	S$78.1m
AVX HL Global Enterprises	4x	n/a	S$23.9m
5DP Heeton Holdings	1.7x	n/a	S$129.2m
5I1 KOP	0.5x	n/a	S$41.0m

Price-To-Sales vs Peers: 5I1 is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (3.1x).

Price to Sales Ratio vs Industry

How does 5I1's PS Ratio compare vs other companies in the SG Hospitality Industry?

3 Companies	Price / Sales	Estimated Growth	Market Cap
540 Tung Lok Restaurants (2000)	0.4x	n/a	US$23.41m
1A0 Katrina Group	0.2x	n/a	US$7.25m
KUH TSH	0.3x	n/a	US$2.66m

No more companies available in this PS range

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 5I1 is good value based on its Price-To-Sales Ratio (0.5x) compared to the SG Hospitality industry average (1.7x).

Price to Sales Ratio vs Fair Ratio

What is 5I1'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.

5I1 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.5x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 5I1'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.