Southern Packaging Group Limited

SGX:BQP Stock Report

Market Cap: S$29.5m

Southern Packaging Group Valuation

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

Below Fair Value: BQP (SGD0.42) is trading below our estimate of fair value (SGD0.46)

Significantly Below Fair Value: BQP 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 BQP?

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

The above table shows the Price to Sales ratio for BQP. This is calculated by dividing BQP's market cap by their current revenue.
What is BQP's PS Ratio?
PS Ratio0.2x
SalesCN¥710.60m
Market CapCN¥159.70m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for BQP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.6x
T12 Tat Seng Packaging Group
0.5xn/aS$121.8m
DM0 PSC
0.4xn/aS$182.7m
C05 Chemical Industries (Far East)
0.6xn/aS$39.5m
L23 Enviro-Hub Holdings
1.1xn/aS$40.1m
BQP Southern Packaging Group
0.2xn/aS$29.5m

Price-To-Sales vs Peers: BQP is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.6x).

Price to Sales Ratio vs Industry

How does BQP's PS Ratio compare vs other companies in the Asian Packaging Industry?

32 CompaniesPrice / SalesEstimated GrowthMarket Cap
BQP 0.2xIndustry Avg. 0.8xNo. of Companies56PS00.81.62.43.24+
32 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: BQP is good value based on its Price-To-Sales Ratio (0.2x) compared to the Asian Packaging industry average (0.8x).

Price to Sales Ratio vs Fair Ratio

What is BQP'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.

BQP PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ration/a

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