Serve Robotics Valuation

Is SERV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

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

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

Key Valuation Metric

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

Key metric: As SERV barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for SERV. This is calculated by dividing SERV's market cap by their current book value.
What is SERV's PB Ratio?
PB Ratio	6.9x
Book	US$56.18m
Market Cap	US$387.41m

SERV 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	201.3x
Enterprise Value/EBITDA	-11.4x
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does SERV's PB Ratio compare to its peers?

The above table shows the PB ratio for SERV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	3.8x
SCGY Scientific Energy	6.3x	n/a	US$452.9m
RICK RCI Hospitality Holdings	1.7x	169.4%	US$476.5m
LOCO El Pollo Loco Holdings	1.5x	9.4%	US$382.0m
PBPB Potbelly	5.7x	-88.2%	US$305.7m
SERV Serve Robotics	6.9x	15.9%	US$387.4m

Price-To-Book vs Peers: SERV is expensive based on its Price-To-Book Ratio (6.9x) compared to the peer average (3.8x).

Price to Book Ratio vs Industry

How does SERV's PB Ratio compare vs other companies in the US Hospitality Industry?

8 Companies	Price / Book	Estimated Growth	Market Cap
ZMMP.Y Zamp	0.5x	65.5%	US$134.00m
GDHG Golden Heaven Group Holdings	0.1x	n/a	US$6.25m
HOFV Hall of Fame Resort & Entertainment	0.07x	n/a	US$6.03m
LTRY Lottery.com	0.1x	n/a	US$3.08m

8 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: SERV is expensive based on its Price-To-Book Ratio (6.9x) compared to the US Hospitality industry average (3x).

Price to Book Ratio vs Fair Ratio

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

SERV PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	6.9x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate SERV's Price-To-Book 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: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.