Harbor Diversified Valuation

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

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

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for HRBR. This is calculated by dividing HRBR's market cap by their current revenue.
What is HRBR's PS Ratio?
PS Ratio	0.3x
Sales	US$199.21m
Market Cap	US$58.91m

HRBR 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	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for HRBR 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	4.2x
FLAI Flewber Global	16.4x	n/a	US$55.5m
MESA Mesa Air Group	0.08x	n/a	US$35.7m
SRFM Surf Air Mobility	0.3x	31.9%	US$30.9m
FLYX flyExclusive	0.1x	28.3%	US$174.2m
HRBR Harbor Diversified	0.3x	n/a	US$58.9m

Price-To-Sales vs Peers: HRBR is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (4.2x).

Price to Sales Ratio vs Industry

How does HRBR's PS Ratio compare vs other companies in the US Airlines Industry?

6 Companies	Price / Sales	Estimated Growth	Market Cap
MESA Mesa Air Group	0.08x	n/a	US$35.74m
SAVE.Q Spirit Airlines	0.003x	2.9%	US$16.44m
TAWN.F Thai Airways International	0.002x	n/a	US$10.91m
NOKP.F Nok Airlines	0.02x	n/a	US$3.73m

6 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: HRBR is good value based on its Price-To-Sales Ratio (0.3x) compared to the North American Airlines industry average (0.5x).

Price to Sales Ratio vs Fair Ratio

What is HRBR'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.

HRBR PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.3x
Fair PS Ratio	n/a

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