BlackGold Natural Resources Valuation

Is 41H 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-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 41H when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 41H's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 41H's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 41H?

Key metric: As 41H is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 41H. This is calculated by dividing 41H's market cap by their current revenue.
What is 41H's PS Ratio?
PS Ratio	0.2x
Sales	US$11.65m
Market Cap	US$2.36m

41H 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	0.6x
Enterprise Value/EBITDA	-4.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 41H's PS Ratio compare to its peers?

The above table shows the PS ratio for 41H 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	1.1x
5OR Heatec Jietong Holdings	0.2x	n/a	S$3.9m
594 CapAllianz Holdings	3.3x	n/a	S$18.4m
RE4 Geo Energy Resources	0.7x	43.3%	S$385.5m
Y35 AnAn International	0.007x	n/a	S$21.2m
41H BlackGold Natural Resources	0.2x	n/a	S$3.2m

Price-To-Sales vs Peers: 41H is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (2.5x).

Price to Sales Ratio vs Industry

How does 41H's PS Ratio compare vs other companies in the Asian Oil and Gas Industry?

82 Companies	Price / Sales	Estimated Growth	Market Cap

82 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 41H is good value based on its Price-To-Sales Ratio (0.2x) compared to the Asian Oil and Gas industry average (0.8x).

Price to Sales Ratio vs Fair Ratio

What is 41H'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.

41H PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.2x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 41H'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.

Discover undervalued companies

AnAn International

S$21.2m

An investment holding company, trades in petrochemical, fuel oil, and petroleum products in Singapore, the People’s Republic of China, Europe, and internationally.

Y35

S$0.005

-68.8%

Pacific Radiance

S$66.6m

An investment holding company, owns, operates, and manages offshore vessels and provides offshore support services.

RXS

S$0.046

48.4%

Baker Technology

S$124.8m

An investment holding company, manufactures and provides specialized marine offshore equipment and services for the oil and gas industry in Singapore, China, rest of the Asia Pacific, Africa, the Middle East, the Americas, and Europe.

BTP

S$0.61

21.8%