Livingstone Health Holdings Valuation

Is PRH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: PRH (SGD0.02) is trading below our estimate of fair value (SGD0.02)

Significantly Below Fair Value: PRH is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for PRH. This is calculated by dividing PRH's market cap by their current revenue.
What is PRH's PS Ratio?
PS Ratio	0.5x
Sales	S$25.89m
Market Cap	S$12.88m

PRH 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	31.6x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for PRH 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	1.2x
505 AsiaMedic	0.5x	n/a	S$12.7m
NPL Niks Professional	1.6x	n/a	S$17.9m
1D4 Aoxin Q & M Dental Group	0.7x	n/a	S$23.0m
OTX Medinex	2.1x	n/a	S$27.2m
PRH Livingstone Health Holdings	0.5x	n/a	S$12.9m

Price-To-Sales vs Peers: PRH is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (1.2x).

Price to Sales Ratio vs Industry

How does PRH's PS Ratio compare vs other companies in the SG Healthcare Industry?

1 Company	Price / Sales	Estimated Growth	Market Cap
1H3 Clearbridge Health	0.2x	n/a	US$1.38m

No more companies available in this PS range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: PRH is good value based on its Price-To-Sales Ratio (0.5x) compared to the SG Healthcare industry average (1.5x).

Price to Sales Ratio vs Fair Ratio

What is PRH'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.

PRH 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 PRH'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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