AsiaFIN Holdings Valuation

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

ASFH ($1.5) is trading below our estimate of [[fair value]] ($3.19)

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

Below Fair Value: ASFH ($1.5) is trading below our estimate of fair value ($3.19)

Significantly Below Fair Value: ASFH is trading below fair value by more than 20%.

Key Valuation Metric

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

Key metric: As ASFH is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for ASFH. This is calculated by dividing ASFH's market cap by their current revenue.
What is ASFH's PS Ratio?
PS Ratio	36.1x
Sales	US$3.39m
Market Cap	US$122.33m

ASFH 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	36.1x
Enterprise Value/EBITDA	624x
PEG Ratio	24x

Price to Sales Ratio vs Peers

How does ASFH's PS Ratio compare to its peers?

The above table shows the PS ratio for ASFH 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	1.5x
QMMM QMMM Holdings	3.5x	n/a	US$21.9m
CDLX Cardlytics	0.6x	2.2%	US$178.4m
CTV Innovid	1.6x	9.0%	US$253.9m
EVC Entravision Communications	0.2x	n/a	US$212.4m
ASFH AsiaFIN Holdings	36.1x	51.8%	US$122.3m

Price-To-Sales vs Peers: ASFH is expensive based on its Price-To-Sales Ratio (36.1x) compared to the peer average (1.5x).

Price to Sales Ratio vs Industry

How does ASFH's PS Ratio compare vs other companies in the US Media Industry?

35 Companies	Price / Sales	Estimated Growth	Market Cap
PARA Paramount Global	0.2x	1.5%	US$7.37b
DISH DISH Network	0.2x	-1.3%	US$3.08b
ATUS Altice USA	0.1x	-2.4%	US$1.10b
ADV Advantage Solutions	0.3x	-2.5%	US$1.08b

35 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: ASFH is expensive based on its Price-To-Sales Ratio (36.1x) compared to the US Media industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is ASFH'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.

ASFH PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	36.1x
Fair PS Ratio	n/a

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