President Automobile Industries Public Company Limited

SET:PACO-R Stock Report

Market Cap: ฿1.4b

President Automobile Industries Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: PACO-R (THB1.39) is trading below our estimate of fair value (THB16.65)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PACO-R. This is calculated by dividing PACO-R's market cap by their current earnings.
What is PACO-R's PE Ratio?
PE Ratio11.3x
Earnings฿122.57m
Market Cap฿1.39b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PACO-R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.3x
YUASA Yuasa Battery (Thailand)
6.9xn/a฿1.1b
IHL Interhides
33.8xn/a฿1.1b
TRU Thai Rung Union Car
9.1x-11.7%฿2.2b
CPR CPR Gomu Industrial
27.3xn/a฿919.4m
PACO-R President Automobile Industries
11.3xn/a฿1.4b

Price-To-Earnings vs Peers: PACO-R is good value based on its Price-To-Earnings Ratio (11.3x) compared to the peer average (19x).


Price to Earnings Ratio vs Industry

How does PACO-R'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
PACO-R 11.3xIndustry Avg. 11.0xNo. of Companies6PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PACO-R is expensive based on its Price-To-Earnings Ratio (11.3x) compared to the TH Auto Components industry average (11x).


Price to Earnings Ratio vs Fair Ratio

What is PACO-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.

PACO-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PACO-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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