T.R.V. Rubber Products Valuation

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

Below Fair Value: TRV-F (THB2.3) is trading below our estimate of fair value (THB19.49)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TRV-F?

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

The above table shows the Price to Earnings ratio for TRV-F. This is calculated by dividing TRV-F's market cap by their current earnings.
What is TRV-F's PE Ratio?
PE Ratio	37.3x
Earnings	฿14.81m
Market Cap	฿508.80m

TRV-F 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	8.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does TRV-F's PE Ratio compare to its peers?

The above table shows the PE ratio for TRV-F 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	18.7x
GYT Goodyear (Thailand)	11.2x	n/a	฿1.3b
NDR N.D. Rubber	45.9x	n/a	฿1.2b
IRC Inoue Rubber (Thailand)	7.6x	-15.0%	฿2.7b
HFT Hwa Fong Rubber (Thailand)	10.1x	n/a	฿2.8b
TRV-F T.R.V. Rubber Products	37.3x	n/a	฿508.8m

Price-To-Earnings vs Peers: TRV-F is expensive based on its Price-To-Earnings Ratio (37.3x) compared to the peer average (18.7x).

Price to Earnings Ratio vs Industry

How does TRV-F'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: TRV-F is expensive based on its Price-To-Earnings Ratio (37.3x) compared to the TH Auto Components industry average (11.2x).

Price to Earnings Ratio vs Fair Ratio

What is TRV-F'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.

TRV-F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	37.3x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TRV-F'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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