Mida Assets Valuation

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

Below Fair Value: Insufficient data to calculate MIDA-R's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate MIDA-R's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MIDA-R?

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

The above table shows the Price to Sales ratio for MIDA-R. This is calculated by dividing MIDA-R's market cap by their current revenue.
What is MIDA-R's PS Ratio?
PS Ratio	0.4x
Sales	฿2.22b
Market Cap	฿926.52m

MIDA-R 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	3.4x
Enterprise Value/EBITDA	36.7x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does MIDA-R's PS Ratio compare to its peers?

The above table shows the PS ratio for MIDA-R 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	3.1x
AMANAH Amanah Leasing	1.3x	n/a	฿1.2b
ECL Eastern Commercial Leasing	2.9x	n/a	฿1.2b
KCC Knight Club Capital Holding	5.5x	n/a	฿1.5b
NCAP Next Capital	2.6x	n/a	฿2.4b
MIDA-R Mida Assets	0.4x	n/a	฿926.5m

Price-To-Sales vs Peers: MIDA-R is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (3.1x).

Price to Sales Ratio vs Industry

How does MIDA-R's PS Ratio compare vs other companies in the TH Consumer Finance Industry?

2 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	2.9x	14.7%
MIDA-R Mida Assets	0.4x	n/a	US$26.78m
MIDA Mida Assets	0.4x	n/a	US$26.78m

No more companies available in this PS range

2 Companies		Estimated Growth	Market Cap
Industry Avg.	2.9x	13.0%
MIDA-R Mida Assets	0.4x	n/a	US$26.78m

No more companies

Price-To-Sales vs Industry: MIDA-R is good value based on its Price-To-Sales Ratio (0.4x) compared to the TH Consumer Finance industry average (2.9x).

Price to Sales Ratio vs Fair Ratio

What is MIDA-R'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.

MIDA-R PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.4x
Fair PS Ratio	n/a

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