Golden Matrix Group Valuation

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

GMGI ($2.52) is trading below our estimate of [[fair value]] ($2.75)

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

Below Fair Value: GMGI ($2.52) is trading below our estimate of fair value ($2.75)

Significantly Below Fair Value: GMGI is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for GMGI. This is calculated by dividing GMGI's market cap by their current earnings.
What is GMGI's PE Ratio?
PE Ratio	21.1x
Earnings	US$14.82m
Market Cap	US$342.88m

GMGI 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	4x
Enterprise Value/EBITDA	17.9x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GMGI 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	7x
GDEV GDEV	9.4x	-11.6%	US$485.4m
GRVY Gravity	7.6x	n/a	US$466.1m
DDI DoubleDown Interactive	6.4x	0.3%	US$730.4m
IH iHuman	4.7x	n/a	US$85.7m
GMGI Golden Matrix Group	21.1x	n/a	US$342.9m

Price-To-Earnings vs Peers: GMGI is expensive based on its Price-To-Earnings Ratio (21.1x) compared to the peer average (7x).

Price to Earnings Ratio vs Industry

How does GMGI's PE Ratio compare vs other companies in the US Entertainment Industry?

6 Companies	Price / Earnings	Estimated Growth	Market Cap
IH iHuman	4.7x	n/a	US$85.73m
RDBX Redbox Entertainment	1.2x	-121.8%	US$76.65m
GMM Global Mofy AI	0.7x	n/a	US$11.91m
MSGM Motorsport Games	0.7x	n/a	US$3.47m

6 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: GMGI is good value based on its Price-To-Earnings Ratio (21.1x) compared to the US Entertainment industry average (21.6x).

Price to Earnings Ratio vs Fair Ratio

What is GMGI'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.

GMGI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	21.1x
Fair PE Ratio	n/a

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

Discover undervalued companies

Match Group

US$7.6b

Engages in the provision of dating products.

MTCH

US$30.41

-1.1%

-5.2%

Yalla Group

US$695.8m

Operates a social networking and gaming platform primarily in the Middle East and North Africa region.

YALA

US$4.30

-4.2%

-27.6%

TruGolf Holdings

US$5.7m

Through its subsidiary, engages in the development and sale of indoor golf simulator hardware under the TruGolf Nevada brand for residential and commercial markets in the United States.

TRUG

US$0.44

-6.4%

-96.2%