Goodyear (Thailand) Valuation

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

GYT-R (THB171) is trading above our estimate of [[fair value]] (THB60.57)

Is GYT-R undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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 GYT-R when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GYT-R (THB171) is trading above our estimate of fair value (THB60.57)

Significantly Below Fair Value: GYT-R is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GYT-R?

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

The above table shows the Price to Earnings ratio for GYT-R. This is calculated by dividing GYT-R's market cap by their current earnings.
What is GYT-R's PE Ratio?
PE Ratio	11x
Earnings	฿114.78m
Market Cap	฿1.27b

GYT-R 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	0.5x
Enterprise Value/EBITDA	6x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does GYT-R's PE Ratio compare to its peers?

The above table shows the PE ratio for GYT-R 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	24.7x
NDR N.D. Rubber	41.9x	n/a	฿1.1b
IRC Inoue Rubber (Thailand)	8.6x	-21.7%	฿2.7b
HFT Hwa Fong Rubber (Thailand)	10.5x	n/a	฿2.8b
TRV T.R.V. Rubber Products	37.6x	n/a	฿556.8m
GYT-R Goodyear (Thailand)	11x	n/a	฿1.3b

Price-To-Earnings vs Peers: GYT-R is good value based on its Price-To-Earnings Ratio (11x) compared to the peer average (24.7x).

Price to Earnings Ratio vs Industry

How does GYT-R's PE Ratio compare vs other companies in the TH Auto Components Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: GYT-R is expensive based on its Price-To-Earnings Ratio (11x) compared to the TH Auto Components industry average (11x).

Price to Earnings Ratio vs Fair Ratio

What is GYT-R'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.

GYT-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	11x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate GYT-R'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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