8i Acquisition 2 Corp.

NasdaqGM:LAX Stock Report

Market Cap: US$57.7m

This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

8i Acquisition 2 Valuation

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

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

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


Key Valuation Metric

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

Key metric: Cannot determine the most optimal metric to value LAX stock.

The above table shows the Price to Book ratio for LAX. This is calculated by dividing LAX's market cap by their current book value.
What is LAX's PB Ratio?
PB Ratio-15.5x
Book-US$3.72m
Market CapUS$57.69m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for LAX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average2.7x
STEC Santech Holdings
4.6xn/aUS$28.0m
HNNA Hennessy Advisors
0.9xn/aUS$78.7m
DIST Distoken Acquisition
n/an/aUS$35.8m
FORL Four Leaf Acquisition
n/an/aUS$45.1m
LAX 8i Acquisition 2
n/a-25.9%US$57.7m

Price-To-Book vs Peers: LAX is good value based on its Price-To-Book Ratio (-15.5x) compared to the peer average (172.5x).


Price to Book Ratio vs Industry

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

8 CompaniesPrice / BookEstimated GrowthMarket Cap
AMTD AMTD IDEA Group
0.06xn/aUS$83.89m
JPPY.Y Jupai Holdings
0.02xn/aUS$2.37m
NCPL Netcapital
0.04xn/aUS$1.60m
LGHL Lion Group Holding
0.04xn/aUS$1.28m
LAX is unprofitableIndustry Avg. 1.6xNo. of Companies12PB00.61.21.82.43+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: LAX is expensive based on its Price-To-Book Ratio (-15.5x) compared to the US Capital Markets industry average (-25.6x)


Price to Book Ratio vs Fair Ratio

What is LAX'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.

LAX PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio-15.5x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate LAX'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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