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mm2 Asia (SGX:1B0) PS Ratio : 0.40 (As of May. 14, 2024)


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What is mm2 Asia PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, mm2 Asia's share price is S$0.021. mm2 Asia's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was S$0.05. Hence, mm2 Asia's PS Ratio for today is 0.40.

Good Sign:

mm2 Asia Ltd stock PS Ratio (=0.66) is close to 3-year low of 0.63

The historical rank and industry rank for mm2 Asia's PS Ratio or its related term are showing as below:

SGX:1B0' s PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 2.14   Max: 11.74
Current: 0.4

During the past 10 years, mm2 Asia's highest PS Ratio was 11.74. The lowest was 0.36. And the median was 2.14.

SGX:1B0's PS Ratio is ranked better than
83.91% of 1019 companies
in the Media - Diversified industry
Industry Median: 1.22 vs SGX:1B0: 0.40

mm2 Asia's Revenue per Sharefor the six months ended in Sep. 2023 was S$0.03. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was S$0.05.

Warning Sign:

mm2 Asia Ltd revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of mm2 Asia was 126.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was -28.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was -32.00% per year.

During the past 10 years, mm2 Asia's highest 3-Year average Revenue per Share Growth Rate was 80.60% per year. The lowest was -48.20% per year. And the median was 12.80% per year.

Back to Basics: PS Ratio


mm2 Asia PS Ratio Historical Data

The historical data trend for mm2 Asia's PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

mm2 Asia PS Ratio Chart

mm2 Asia Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 0.91 2.17 2.73 1.16

mm2 Asia Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 2.73 - 1.16 -

Competitive Comparison of mm2 Asia's PS Ratio

For the Entertainment subindustry, mm2 Asia's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


mm2 Asia's PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, mm2 Asia's PS Ratio distribution charts can be found below:

* The bar in red indicates where mm2 Asia's PS Ratio falls into.



mm2 Asia PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

mm2 Asia's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.021/0.052
=0.40

mm2 Asia's Share Price of today is S$0.021.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. mm2 Asia's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was S$0.05.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


mm2 Asia  (SGX:1B0) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


mm2 Asia PS Ratio Related Terms

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mm2 Asia (SGX:1B0) Business Description

Traded in Other Exchanges
N/A
Address
1002 Jalan Bukit Merah, No. 07-11, Redhill Industrial Estate, Singapore, SGP, 159456
mm2 Asia Ltd Asia Ltd's core business lies in film, TV, and online content production, distribution, and sponsorship. across the content, entertainment, cinema, event, and concert industries in Singapore, Malaysia, Hong Kong, Taiwan, China, and the United States of America. The company's reportable segments include Core business, Digital content production, Cinema operations, Concerts and events, and others. The Cinema operations segment refers to sales of cinema tickets and concessions, hall rental, and screen advertising. The Core business segment refers to the group's production and distribution of motion pictures, video and television programs, and sponsorship. It generates maximum revenue from the Core segment. Geographically, it derives a majority of its revenue from Singapore.

mm2 Asia (SGX:1B0) Headlines

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