S

SOCO Corporation Ltd
ASX:SOC

Watchlist Manager
SOCO Corporation Ltd
ASX:SOC
Watchlist
Price: 0.05 AUD
Market Cap: AU$7m

P/B

2.7
Current
28%
More Expensive
vs 3-y average of 2.1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.7
=
Market Cap
AU$7.5m
/
Total Equity
AU$2.6m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.7
=
Market Cap
AU$7.5m
/
Total Equity
AU$2.6m

Valuation Scenarios

SOCO Corporation Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (2.1), the stock would be worth AU$0.04 (22% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-22%
Maximum Upside
+174%
Average Upside
32%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.7 AU$0.05
0%
3-Year Average 2.1 AU$0.04
-22%
5-Year Average 2.1 AU$0.04
-22%
Industry Average 7.4 AU$0.14
+174%
Country Average 2.7 AU$0.05
-1%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
AU
SOCO Corporation Ltd
ASX:SOC
7m AUD 2.7 -1.2
US
International Business Machines Corp
NYSE:IBM
217.6B USD 6.6 20.2
JP
BrainPad Inc
TSE:3655
20.9T JPY 10.6 551.4
IE
Accenture PLC
NYSE:ACN
109.7B USD 3.5 14.3
IN
Tata Consultancy Services Ltd
NSE:TCS
9.1T INR 7.9 18.3
IN
Infosys Ltd
NSE:INFY
5T INR 5.5 17.2
JP
Fujitsu Ltd
TSE:6702
6.5T JPY 3.2 13.7
JP
NEC Corp
TSE:6701
6T JPY 2.9 24.5
IN
HCL Technologies Ltd
NSE:HCLTECH
3.4T INR 4.5 20.2
JP
NTT Data Group Corp
DUS:NT5
30.3B EUR 3 38.8
JP
NTT Data Corp
TSE:9613
5.6T JPY 3 39.1
P/E Multiple
Earnings Growth PEG
AU
S
SOCO Corporation Ltd
ASX:SOC
Average P/E: 75.8
Negative Multiple: -1.2
N/A N/A
US
International Business Machines Corp
NYSE:IBM
20.2
10%
2
JP
BrainPad Inc
TSE:3655
551.4
17%
32.4
IE
Accenture PLC
NYSE:ACN
14.3
10%
1.4
IN
Tata Consultancy Services Ltd
NSE:TCS
18.3
10%
1.8
IN
Infosys Ltd
NSE:INFY
17.2
9%
1.9
JP
Fujitsu Ltd
TSE:6702
13.7
18%
0.8
JP
NEC Corp
TSE:6701
24.5
25%
1
IN
HCL Technologies Ltd
NSE:HCLTECH
20.2
12%
1.7
JP
N
NTT Data Group Corp
DUS:NT5
38.8
19%
2
JP
NTT Data Corp
TSE:9613
39.1
-81%
N/A

Market Distribution

In line with most companies in Australia
Percentile
51th
Based on 2 062 companies
51th percentile
2.7
Low
0 — 1.6
Typical Range
1.6 — 4.3
High
4.3 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.3
Max 2 199.4

SOCO Corporation Ltd
Glance View

Market Cap
7m AUD
Industry
Technology

SOCO Corp. Ltd. engages in the provision of information technology (IT) consultancy services. The company is headquartered in Brisbane, Queensland. The company went IPO on 2022-12-23. The firm provides services to a diverse range of public and private sector organizations. Its key target markets include Federal Government Further and Higher Education Local and State Government Engineering and Resources and Not-for-Profits. The firm delivers and supports enterprise-grade software solutions built on Microsoft cloud technology, such as SharePoint, Dynamics, Office 365, Azure, Business Central and the Power Platform. Its service extends to the Microsoft software platform. The firm has approximately 75 consultants and personnel across Australia, with further roles being reviewed to support sales opportunities.

SOC Intrinsic Value
0.18 AUD
Undervaluation 72%
Intrinsic Value
Price AU$0.05
S
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett