byNordic Acquisition Corporation

NasdaqCM:BYNO Stock Report

Market Cap: US$88.0m

byNordic Acquisition Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • 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 BYNO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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

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


Key Valuation Metric

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

Key metric: As BYNO is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for BYNO. This is calculated by dividing BYNO's market cap by their current book value.
What is BYNO's PB Ratio?
PB Ratio-7x
Book-US$12.52m
Market CapUS$87.99m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for BYNO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average3755.9x
DTSQ DT Cloud Star Acquisition
1.3xn/aUS$89.4m
FSHP Flag Ship Acquisition
1.3xn/aUS$89.7m
BKHA Black Hawk Acquisition
15020.5xn/aUS$92.2m
PFX PhenixFIN
0.6x-67.9%US$93.5m
BYNO byNordic Acquisition
n/an/aUS$88.0m

Price-To-Book vs Peers: BYNO has negative equity and a Price-To-Book Ratio (-7x) compared to the peer average (3755.9x).


Price to Book Ratio vs Industry

How does BYNO's PB Ratio compare vs other companies in the US Capital Markets Industry?

8 CompaniesPrice / BookEstimated GrowthMarket Cap
AMTD AMTD IDEA Group
0.07xn/aUS$83.23m
JPPY.Y Jupai Holdings
0.02xn/aUS$2.37m
NCPL Netcapital
0.04xn/aUS$1.37m
LGHL Lion Group Holding
0.04xn/aUS$1.33m
BYNO is unprofitableIndustry Avg. 1.6xNo. of Companies14PB00.61.21.82.43+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: BYNO has negative equity and a Price-To-Book Ratio (-7x) compared to the US Capital Markets industry average (1.6x).


Price to Book Ratio vs Fair Ratio

What is BYNO'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.

BYNO PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio-7x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate BYNO'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: Insufficient data to show price forecast.


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