Samudera Shipping Line Valuation

Q: What is the Fair Price of S56 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

S56 (SGD0.83) is trading below our estimate of [[fair value]] (SGD3.06)

Is S56 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-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 S56 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: S56 (SGD0.83) is trading below our estimate of fair value (SGD3.06)

Significantly Below Fair Value: S56 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for S56?

Key metric: As S56 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for S56. This is calculated by dividing S56's market cap by their current earnings.
What is S56's PE Ratio?
PE Ratio	6x
Earnings	US$55.43m
Market Cap	US$331.25m

S56 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	0.5x
Enterprise Value/EBITDA	3.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does S56's PE Ratio compare to its peers?

The above table shows the PE ratio for S56 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	10.4x
S19 Singapore Shipping	5.9x	n/a	S$98.1m
5LY Marco Polo Marine	6.8x	3.9%	S$198.9m
D8DU First Ship Lease Trust	17.5x	n/a	S$76.0m
S61 SBS Transit	11.2x	n/a	S$768.0m
S56 Samudera Shipping Line	6x	n/a	S$446.6m

Price-To-Earnings vs Peers: S56 is good value based on its Price-To-Earnings Ratio (6x) compared to the peer average (10.4x).

Price to Earnings Ratio vs Industry

How does S56's PE Ratio compare vs other companies in the Asian Shipping Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: S56 is good value based on its Price-To-Earnings Ratio (6x) compared to the Asian Shipping industry average (10x).

Price to Earnings Ratio vs Fair Ratio

What is S56'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.

S56 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate S56'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.