Thakral Valuation

Is AWI 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-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AWI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AWI (SGD0.64) is trading below our estimate of fair value (SGD0.92)

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

Key Valuation Metric

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

Key metric: As AWI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AWI. This is calculated by dividing AWI's market cap by their current earnings.
What is AWI's PE Ratio?
PE Ratio	7x
Earnings	S$11.54m
Market Cap	S$81.20m

AWI 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/Revenue	0.8x
Enterprise Value/EBITDA	10x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does AWI's PE Ratio compare to its peers?

The above table shows the PE ratio for AWI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	11.1x
S29 Stamford Tyres	8.5x	n/a	S$51.0m
O08 Ossia International	4.9x	n/a	S$36.6m
BPF YHI International	10.6x	n/a	S$141.5m
C04 Casa Holdings	20.4x	n/a	S$26.2m
AWI Thakral	7x	n/a	S$81.2m

Price-To-Earnings vs Peers: AWI is good value based on its Price-To-Earnings Ratio (7x) compared to the peer average (11.1x).

Price to Earnings Ratio vs Industry

How does AWI's PE Ratio compare vs other companies in the Asian Retail Distributors Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: AWI is good value based on its Price-To-Earnings Ratio (7x) compared to the Asian Retail Distributors industry average (18.6x).

Price to Earnings Ratio vs Fair Ratio

What is AWI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AWI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AWI's Price-To-Earnings 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.

Discover undervalued companies

MeGroup

S$12.0m

Through its subsidiaries, primarily engages in the automobile dealership business in Malaysia.

SJY

S$0.10

9.9%

Tye Soon

S$26.2m

Imports, exports, and distributes automotive spare parts in Singapore, Malaysia, Australia, Thailand, Indonesia, Hong Kong/China, South Korea, and internationally.

BFU

S$0.30

25.0%

Parkson Retail Asia

S$45.1m

An investment holding company, operates and manages department stores primarily in Malaysia, Vietnam, Indonesia, Myanmar, and Cambodia.

O9E

S$0.067

-1.5%

9.8%