Thai Energy Storage Technology Public Company Limited

SET:3K-BAT Stock Report

Market Cap: ฿4.2b

Thai Energy Storage Technology Valuation

Is 3K-BAT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 3K-BAT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3K-BAT (THB53.75) is trading above our estimate of fair value (THB2.67)

Significantly Below Fair Value: 3K-BAT is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3K-BAT?

Key metric: As 3K-BAT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3K-BAT. This is calculated by dividing 3K-BAT's market cap by their current earnings.
What is 3K-BAT's PE Ratio?
PE Ratio25.8x
Earnings฿163.26m
Market Cap฿4.21b

Price to Earnings Ratio vs Peers

How does 3K-BAT's PE Ratio compare to its peers?

The above table shows the PE ratio for 3K-BAT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12x
SAT Somboon Advance Technology
6.7x6.3%฿4.7b
POLY Polynet
16.1xn/a฿4.0b
TSC Thai Steel Cable
11.9xn/a฿3.8b
PCSGH P.C.S. Machine Group Holding
13.2xn/a฿6.6b
3K-BAT Thai Energy Storage Technology
25.8xn/a฿4.2b

Price-To-Earnings vs Peers: 3K-BAT is expensive based on its Price-To-Earnings Ratio (25.8x) compared to the peer average (12x).

Price to Earnings Ratio vs Industry

How does 3K-BAT's PE Ratio compare vs other companies in the TH Auto Components Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
3K-BAT 25.8xIndustry Avg. 11.2xNo. of Companies7PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3K-BAT is expensive based on its Price-To-Earnings Ratio (25.8x) compared to the TH Auto Components industry average (11.2x).

Price to Earnings Ratio vs Fair Ratio

What is 3K-BAT'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.

3K-BAT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio25.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3K-BAT'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.

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