Polynet Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: POLY-R (THB9.2) is trading below our estimate of fair value (THB25.14)

Significantly Below Fair Value: POLY-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 POLY-R?

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

The above table shows the Price to Earnings ratio for POLY-R. This is calculated by dividing POLY-R's market cap by their current earnings.
What is POLY-R's PE Ratio?
PE Ratio	16.9x
Earnings	฿245.35m
Market Cap	฿4.14b

POLY-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	4x
Enterprise Value/EBITDA	13.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for POLY-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	13.8x
TSC Thai Steel Cable	11.9x	n/a	฿3.8b
3K-BAT Thai Energy Storage Technology	25.8x	n/a	฿4.2b
SAT Somboon Advance Technology	6.7x	6.3%	฿4.7b
FPI Fortune Parts Industry	10.9x	n/a	฿2.9b
POLY-R Polynet	16.9x	n/a	฿4.1b

Price-To-Earnings vs Peers: POLY-R is expensive based on its Price-To-Earnings Ratio (16.9x) compared to the peer average (13.8x).

Price to Earnings Ratio vs Industry

How does POLY-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: POLY-R is expensive based on its Price-To-Earnings Ratio (16.9x) compared to the TH Auto Components industry average (11.2x).

Price to Earnings Ratio vs Fair Ratio

What is POLY-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.

POLY-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	16.9x
Fair PE Ratio	n/a

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