Oxley Holdings Valuation

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

5UX (SGD0.08) is trading below our estimate of [[fair value]] (SGD0.37)

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

Below Fair Value: 5UX (SGD0.08) is trading below our estimate of fair value (SGD0.37)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for 5UX. This is calculated by dividing 5UX's market cap by their current revenue.
What is 5UX's PS Ratio?
PS Ratio	1.1x
Sales	S$288.44m
Market Cap	S$317.22m

5UX 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	5.8x
Enterprise Value/EBITDA	94.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for 5UX 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	9.5x
C33 Chuan Hup Holdings	15.1x	n/a	S$147.3m
T24 Tuan Sing Holdings	1.2x	n/a	S$310.9m
5IC Sing Holdings	19.2x	n/a	S$134.3m
5JK Hiap Hoe	2.5x	n/a	S$263.5m
5UX Oxley Holdings	1.1x	n/a	S$317.2m

Price-To-Sales vs Peers: 5UX is good value based on its Price-To-Sales Ratio (1.1x) compared to the peer average (9.5x).

Price to Sales Ratio vs Industry

How does 5UX's PS Ratio compare vs other companies in the SG Real Estate Industry?

3 Companies	Price / Sales	Estimated Growth	Market Cap
Z25 Yanlord Land Group	0.2x	-16.9%	US$1.01b
CLN APAC Realty	0.3x	9.0%	US$105.59m
BCD China Yuanbang Property Holdings	0.3x	n/a	US$7.85m

No more companies available in this PS range

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 5UX is good value based on its Price-To-Sales Ratio (1.1x) compared to the SG Real Estate industry average (2.5x).

Price to Sales Ratio vs Fair Ratio

What is 5UX'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.

5UX PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.1x
Fair PS Ratio	n/a

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