Taka Jewellery Holdings Valuation

Is 42L 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-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 42L when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 42L (SGD0.09) is trading above our estimate of fair value (SGD0.03)

Significantly Below Fair Value: 42L is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 42L?

Key metric: As 42L is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 42L. This is calculated by dividing 42L's market cap by their current earnings.
What is 42L's PE Ratio?
PE Ratio	5x
Earnings	S$10.32m
Market Cap	S$52.02m

42L 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	6.5x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 42L's PE Ratio compare to its peers?

The above table shows the PE ratio for 42L vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	7.4x
5WJ MoneyMax Financial Services	4.7x	n/a	S$139.3m
5UF Aspial Lifestyle	9.1x	n/a	S$219.0m
C41 Cortina Holdings	8.4x	n/a	S$486.8m
42E Choo Chiang Holdings	7.4x	n/a	S$75.8m
42L Taka Jewellery Holdings	5x	n/a	S$52.0m

Price-To-Earnings vs Peers: 42L is good value based on its Price-To-Earnings Ratio (5x) compared to the peer average (7.4x).

Price to Earnings Ratio vs Industry

How does 42L's PE Ratio compare vs other companies in the Asian Specialty Retail Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 42L is good value based on its Price-To-Earnings Ratio (5x) compared to the Asian Specialty Retail industry average (17.6x).

Price to Earnings Ratio vs Fair Ratio

What is 42L's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

42L PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	5x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 42L's Price-To-Earnings 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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