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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Pb Multiple | 1.9x - 2.1x | 2.0x |
Historical Pb Multiple | 2.0x - 2.7x | 2.1x |
Fair Value | ฿9.32 - ฿10.30 | ฿9.81 |
Upside | -8.6% - 1.0% | -3.8% |
Benchmarks | - | Full Ticker |
Warrix Sport Public Company Limited | - | SET:WARRIX |
Thai Textile Industry Public Company Limited | - | SET:TTI |
Sabina Public Company Limited | - | SET:SABINA |
Pan Asia Footwear Public Company Limited | - | SET:PAF |
Union Pioneer Public Company Limited | - | SET:UPF |
MC Group Public Company Limited | - | SET:MC |
Select Price / Book Ratio | ||||||||
Benchmark Companies | ||||||||
WARRIX | TTI | SABINA | PAF | UPF | MC | |||
SET:WARRIX | SET:TTI | SET:SABINA | SET:PAF | SET:UPF | SET:MC | |||
Historical Net Income Growth | ||||||||
5Y CAGR | 62.9% | NM- | 2.4% | NM- | 54.7% | 10.2% | ||
3Y CAGR | 118.7% | NM- | 16.4% | NM- | -36.1% | 17.0% | ||
Latest Twelve Months | 16.9% | 15.6% | 0.4% | -108.8% | 41.5% | 6.4% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 8.5% | -2.1% | 12.0% | 3.7% | 4.3% | 15.2% | ||
Prior Fiscal Year | 10.2% | -5.3% | 13.4% | -0.1% | 1.2% | 17.4% | ||
Latest Fiscal Year | 9.5% | -5.3% | 13.0% | -0.2% | 1.6% | 17.4% | ||
Latest Twelve Months | 9.5% | -5.3% | 13.0% | -0.2% | 1.6% | 17.9% | ||
Return on Equity | ||||||||
5 Year Average Margin | 14.1% | -1.6% | 20.7% | 4.8% | 7.5% | 14.7% | ||
Prior Fiscal Year | 8.9% | -4.6% | 24.8% | -0.4% | 1.8% | 17.4% | ||
Latest Twelve Months | 10.3% | -4.2% | 25.1% | -0.9% | 2.6% | 19.2% | ||
Next Fiscal Year | 11.2% | -2.9% | 24.6% | 1.4% | 3.3% | 19.8% | ||
Two Fiscal Years Forward | 12.9% | -3.1% | 23.2% | 1.4% | 3.3% | 21.2% | ||
Current Trading Multiples | ||||||||
Price / LTM Sales | 1.1x | 0.7x | 1.8x | 0.2x | 0.4x | 1.9x | ||
Price / LTM EPS | 11.5x | -12.8x | 13.5x | -78.9x | 21.9x | 10.8x | ||
Price / Book | 1.2x | 0.6x | 3.4x | 0.7x | 0.6x | 2.1x | ||
Price / Fwd Book | 1.1x | 0.6x | 3.1x | 0.7x | 0.6x | 2.1x | ||
Low | Mid | High | ||||||
Benchmark P/B Ratio | 0.6x | 0.7x | 3.4x | |||||
Historical P/B Ratio | 2.0x | 2.1x | 2.7x | |||||
Selected P/B Multiple | 1.9x | 2.0x | 2.1x | |||||
(x) Book Value | 3,858 | 3,858 | 3,858 |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | WARRIX | TTI | SABINA | PAF | UPF | MC | |
Value of Common Equity | 1,720 | 1,225 | 6,359 | 429 | 203 | 8,078 | |
(/) Shares Outstanding | 589.1 | 50.0 | 347.5 | 536.4 | 7.5 | 792.0 | |
Implied Stock Price | 2.92 | 24.50 | 18.30 | 0.80 | 27.00 | 10.20 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 2.92 | 24.50 | 18.30 | 0.80 | 27.00 | 10.20 | |
Trading Currency | THB | THB | THB | THB | THB | THB | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |