KORE Group Holdings, Inc.

NYSE:KORE Stock Report

Market Cap: US$33.1m

KORE Group Holdings Valuation

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

Valuation Score

5/6

Valuation Score 5/6

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

Below Fair Value: KORE ($1.9) is trading below our estimate of fair value ($20.56)

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

Key Valuation Metric

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

Key metric: As KORE is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for KORE. This is calculated by dividing KORE's market cap by their current revenue.
What is KORE's PS Ratio?
PS Ratio0.1x
SalesUS$285.23m
Market CapUS$33.11m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for KORE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.2x
UCL uCloudlink Group
0.6x22.6%US$48.7m
SURG SurgePays
0.3x30.1%US$30.8m
KTEL KonaTel
0.5xn/aUS$8.9m
FNGR FingerMotion
3.3xn/aUS$102.8m
KORE KORE Group Holdings
0.1x5.1%US$33.1m

Price-To-Sales vs Peers: KORE is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (1.2x).

Price to Sales Ratio vs Industry

How does KORE's PS Ratio compare vs other companies in the US Wireless Telecom Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.1.3x4.4%
KORE KORE Group Holdings
 0.1x5.1%US$33.11m
TIOG Tingo Group
0.0005xn/aUS$1.26m
No more companies available in this PS range
KORE 0.1xIndustry Avg. 1.3xNo. of Companies3PS00.81.62.43.24+
2 CompaniesEstimated GrowthMarket Cap
Industry Avg.1.3x13.3%
KORE KORE Group Holdings
 0.1x68.4%US$33.11m
No more companies

Price-To-Sales vs Industry: KORE is good value based on its Price-To-Sales Ratio (0.1x) compared to the Global Wireless Telecom industry average (1.3x).

Price to Sales Ratio vs Fair Ratio

What is KORE'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.

KORE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.1x
Fair PS Ratio0.3x

Price-To-Sales vs Fair Ratio: KORE is good value based on its Price-To-Sales Ratio (0.1x) compared to the estimated Fair Price-To-Sales Ratio (0.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst KORE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$1.90
US$5.13
+169.7%
77.6%US$12.00US$2.50n/a4
Nov ’25US$1.98
US$5.00
+152.5%
72.7%US$12.00US$2.00n/a5
Oct ’25US$2.14
US$5.00
+133.6%
72.7%US$12.00US$2.00n/a5
Sep ’25US$2.47
US$5.00
+102.4%
72.7%US$12.00US$2.00n/a5
Aug ’25US$3.04
US$9.70
+219.1%
61.6%US$17.50US$3.00n/a5
Jul ’25US$1.55
US$10.10
+551.6%
55.2%US$17.50US$3.00n/a5
Jun ’25US$3.16
US$10.10
+219.2%
55.2%US$17.50US$3.00n/a5
May ’25US$3.95
US$10.10
+155.7%
55.2%US$17.50US$3.00n/a5
Apr ’25US$3.94
US$10.10
+156.6%
55.2%US$17.50US$3.00n/a5
Mar ’25US$4.55
US$10.10
+122.0%
55.2%US$17.50US$3.00n/a5
Feb ’25US$4.68
US$10.10
+116.0%
55.2%US$17.50US$3.00n/a5
Jan ’25US$4.90
US$10.10
+106.1%
55.2%US$17.50US$3.00n/a5
Dec ’24US$2.75
US$10.20
+270.8%
53.4%US$17.50US$3.50n/a5
Nov ’24US$2.40
US$18.50
+670.8%
53.1%US$32.50US$7.50US$1.985
Oct ’24US$3.03
US$18.50
+511.6%
53.1%US$32.50US$7.50US$2.145
Sep ’24US$3.55
US$21.00
+491.6%
59.1%US$37.50US$7.50US$2.475
Aug ’24US$6.25
US$22.75
+264.0%
50.2%US$37.50US$7.50US$3.045
Jul ’24US$6.10
US$22.75
+273.0%
50.2%US$37.50US$7.50US$1.555
Jun ’24US$7.35
US$27.25
+270.7%
68.1%US$60.00US$7.50US$3.165
May ’24US$5.85
US$28.75
+391.5%
65.5%US$60.00US$10.00US$3.955
Apr ’24US$6.10
US$28.75
+371.3%
65.5%US$60.00US$10.00US$3.945
Mar ’24US$8.60
US$35.00
+307.0%
57.0%US$70.00US$12.50US$4.555
Feb ’24US$12.50
US$35.00
+180.0%
57.0%US$70.00US$12.50US$4.685
Jan ’24US$6.30
US$37.50
+495.2%
56.4%US$70.00US$12.50US$4.905
Dec ’23US$11.60
US$37.20
+220.7%
57.8%US$70.00US$11.00US$2.755
Nov ’23US$16.10
US$41.20
+155.9%
51.0%US$70.00US$11.00US$2.405

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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