Riverstone Holdings Ltd
SGX:AP4

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Riverstone Holdings Ltd
SGX:AP4
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Price: 0.685 SGD -2.84% Market Closed
Market Cap: 1B SGD

Relative Value

The Relative Value of one AP4 stock under the Base Case scenario is 0.763 SGD. Compared to the current market price of 0.685 SGD, Riverstone Holdings Ltd is Undervalued by 10%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

AP4 Relative Value
Base Case
0.763 SGD
Undervaluation 10%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
42
vs Industry
30
Median 3Y
3.3
Median 5Y
2.2
Industry
2.2
Forward
2.8
vs History
47
vs Industry
32
Median 3Y
15.7
Median 5Y
11.7
Industry
21.8
Forward
9.9
vs History
38
vs Industry
26
Median 3Y
9.8
Median 5Y
8.7
Industry
13.6
vs History
38
vs Industry
23
Median 3Y
13.8
Median 5Y
12.4
Industry
19.9
vs History
47
vs Industry
31
Median 3Y
1.9
Median 5Y
1.9
Industry
2.1
vs History
39
vs Industry
32
Median 3Y
2.4
Median 5Y
1.9
Industry
2.3
Forward
2.2
vs History
47
vs Industry
22
Median 3Y
7.9
Median 5Y
7
Industry
4.9
vs History
47
vs Industry
36
Median 3Y
6.9
Median 5Y
6.2
Industry
11.5
Forward
5.3
vs History
49
vs Industry
37
Median 3Y
8.5
Median 5Y
7.8
Industry
15.7
Forward
6.7
vs History
38
vs Industry
32
Median 3Y
7
Median 5Y
6.3
Industry
13.5
vs History
41
vs Industry
26
Median 3Y
9.9
Median 5Y
8.5
Industry
17.5
vs History
46
vs Industry
20
Median 3Y
2.6
Median 5Y
2.6
Industry
1.8

Multiples Across Competitors

AP4 Competitors Multiples
Riverstone Holdings Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
SG
Riverstone Holdings Ltd
SGX:AP4
1B SGD 3.1 12.4 6.4 7.6
CH
Alcon AG
SIX:ALC
35B CHF 4.3 37.7 17.4 32.9
JP
Hoya Corp
TSE:7741
6.2T JPY 7.1 30.6 19 22.7
DK
Coloplast A/S
CSE:COLO B
144.2B DKK 5.1 31.1 18.2 21.5
US
Align Technology Inc
NASDAQ:ALGN
12.7B USD 3.2 30.3 14.3 17.4
UK
ConvaTec Group PLC
LSE:CTEC
5.7B GBP 3.4 40.4 209.8 343.2
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
45.4B CNY 12.9 32.6 28.1 28.1
CH
Ypsomed Holding AG
SIX:YPSN
5.1B CHF 8.2 67.9 32.7 61.3
US
Merit Medical Systems Inc
NASDAQ:MMSI
5.6B USD 4 46 21.2 37
US
Lantheus Holdings Inc
NASDAQ:LNTH
5.2B USD 3.4 20.3 9.3 10.7
KR
HLB Inc
KOSDAQ:028300
7T KRW 93.7 -37.1 -65.9 -62.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SG
Riverstone Holdings Ltd
SGX:AP4
Average EV/EBITDA: 37.6
6.4
10%
0.6
CH
Alcon AG
SIX:ALC
17.4
11%
1.6
JP
Hoya Corp
TSE:7741
19
N/A N/A
DK
Coloplast A/S
CSE:COLO B
18.2
11%
1.7
US
Align Technology Inc
NASDAQ:ALGN
14.3
16%
0.9
UK
ConvaTec Group PLC
LSE:CTEC
209.8
10%
21
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
28.1
26%
1.1
CH
Ypsomed Holding AG
SIX:YPSN
32.7
31%
1.1
US
Merit Medical Systems Inc
NASDAQ:MMSI
21.2
14%
1.5
US
Lantheus Holdings Inc
NASDAQ:LNTH
9.3
23%
0.4
KR
H
HLB Inc
KOSDAQ:028300
Negative Multiple: -65.9 N/A N/A