Sri Trang Agro-Industry Public Company Limited

SET:STA Stock Report

Market Cap: ฿27.6b

Sri Trang Agro-Industry Valuation

Is STA 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 STA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: STA (THB18) is trading below our estimate of fair value (THB33.83)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for STA. This is calculated by dividing STA's market cap by their current earnings.
What is STA's PE Ratio?
PE Ratio70.2x
Earnings฿393.99m
Market Cap฿27.65b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for STA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.1x
NER North East Rubber
5.2x7.8%฿9.2b
HFT Hwa Fong Rubber (Thailand)
10.5xn/a฿2.8b
IRC Inoue Rubber (Thailand)
7.6x-15.0%฿2.7b
NDR N.D. Rubber
49.2xn/a฿1.2b
STA Sri Trang Agro-Industry
70.2x59.6%฿27.6b

Price-To-Earnings vs Peers: STA is expensive based on its Price-To-Earnings Ratio (70.2x) compared to the peer average (18.1x).

Price to Earnings Ratio vs Industry

How does STA'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
STA 70.2xIndustry Avg. 11.0xNo. of Companies6PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: STA is expensive based on its Price-To-Earnings Ratio (70.2x) compared to the TH Auto Components industry average (11x).

Price to Earnings Ratio vs Fair Ratio

What is STA'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.

STA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio70.2x
Fair PE Ratio30.6x

Price-To-Earnings vs Fair Ratio: STA is expensive based on its Price-To-Earnings Ratio (70.2x) compared to the estimated Fair Price-To-Earnings Ratio (30.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst STA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current฿18.00
฿26.13
+45.2%
20.5%฿33.70฿22.20n/a3
Nov ’25฿20.40
฿26.13
+28.1%
20.5%฿33.70฿22.20n/a3
Oct ’25฿25.25
฿25.53
+1.1%
22.9%฿33.70฿20.40n/a3
Sep ’25฿22.30
฿25.53
+14.5%
22.9%฿33.70฿20.40n/a3
Aug ’25฿19.70
฿25.53
+29.6%
22.9%฿33.70฿20.40n/a3
Jul ’25฿21.30
฿25.53
+19.9%
22.9%฿33.70฿20.40n/a3
Jun ’25฿23.60
฿21.53
-8.8%
8.1%฿24.00฿20.20n/a3
May ’25฿17.50
฿20.10
+14.9%
0.5%฿20.20฿20.00n/a2
Apr ’25฿19.70
฿20.10
+2.0%
0.5%฿20.20฿20.00n/a2
Mar ’25฿18.80
฿20.10
+6.9%
0.5%฿20.20฿20.00n/a2
Feb ’25฿16.80
฿19.40
+15.5%
7.7%฿20.90฿17.90n/a2
Jan ’25฿16.10
฿19.20
+19.3%
8.9%฿20.90฿17.50n/a2
Dec ’24฿15.30
฿19.20
+25.5%
8.9%฿20.90฿17.50n/a2
Aug ’24฿16.30
฿24.20
+48.5%
22.2%฿31.80฿20.00฿19.703
Jul ’24฿17.00
฿25.87
+52.2%
17.5%฿31.80฿20.80฿21.303
Jun ’24฿18.70
฿25.87
+38.3%
17.5%฿31.80฿20.80฿23.603
May ’24฿19.70
฿26.60
+35.0%
14.2%฿31.80฿23.00฿17.503
Apr ’24฿22.90
฿26.27
+14.7%
15.6%฿31.80฿22.00฿19.703
Mar ’24฿24.80
฿26.27
+5.9%
15.6%฿31.80฿22.00฿18.803
Feb ’24฿22.00
฿23.93
+8.8%
24.2%฿31.80฿18.00฿16.803
Jan ’24฿21.10
฿26.90
+27.5%
18.2%฿31.80฿22.00฿16.102
Dec ’23฿19.10
฿26.90
+40.8%
18.2%฿31.80฿22.00฿15.302
Nov ’23฿19.40
฿25.27
+30.2%
18.3%฿31.80฿22.00฿14.203

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Discover undervalued companies

T.Krungthai Industries

฿564.8m

Manufactures and sells plastic parts in Thailand.

TKT-R

฿1.61

7D

-4.2%

1Y

-6.9%

AAPICO Hitech

฿8.0b

Engages in the manufacture and distribution of automobile parts, dies, and jigs in Thailand, China, Malaysia, and Portugal.

AH-F

฿28.00

7D

0%

1Y

n/a

Hwa Fong Rubber (Thailand)

฿2.8b

Engages in the manufacture and distribution of tires and tubes in Thailand, rest of Asia, Europe, the United States, and internationally.

HFT

฿4.30

7D

1.4%

1Y

-3.2%