Workforce Holdings Limited

JSE:WKF Stock Report

Market Cap: R229.5m

Workforce Holdings Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: WKF (ZAR1.01) is trading below our estimate of fair value (ZAR16.27)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

WKF 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/Revenue0.1x
Enterprise Value/EBITDA-22.3x
PEG Ration/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for WKF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.5x
ADR Adcorp Holdings
0.04x2.8%R475.4m
PMV Primeserv Group
0.1xn/aR106.6m
MTU Mantengu Mining
9.3xn/aR160.0m
7043 AlueLtd
0.7xn/aJP¥2.2b
WKF Workforce Holdings
0.05xn/aR229.5m

Price-To-Sales vs Peers: WKF is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (2.5x).


Price to Earnings Ratio vs Industry

How does WKF's PE Ratio compare vs other companies in the Global Professional Services Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a14.5%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a14.5%
n/an/an/a
No more companies

Price-To-Sales vs Industry: WKF is good value based on its Price-To-Sales Ratio (0.1x) compared to the Global Professional Services industry average (1.4x).


Price to Sales Ratio vs Fair Ratio

What is WKF'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.

WKF PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.05x
Fair PS Ration/a

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