Twenty-Four Con & Supply Public Company Limited

SET:24CS-R Stock Report

Market Cap: ฿1.4b

Twenty-Four Con & Supply Valuation

Is 24CS-R undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 24CS-R when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 24CS-R (THB3.24) is trading above our estimate of fair value (THB2.6)

Significantly Below Fair Value: 24CS-R is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 24CS-R?

Key metric: As 24CS-R is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 24CS-R. This is calculated by dividing 24CS-R's market cap by their current revenue.
What is 24CS-R's PS Ratio?
PS Ratio3.5x
Sales฿395.34m
Market Cap฿1.39b

Price to Sales Ratio vs Peers

How does 24CS-R's PS Ratio compare to its peers?

The above table shows the PS ratio for 24CS-R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.5x
AGE Asia Green Energy
0.1xn/a฿1.5b
SMIT Sahamit Machinery
1.3xn/a฿2.2b
CSS Communication & System Solution
0.3xn/a฿1.1b
THE Steel
0.1xn/a฿815.5m
24CS-R Twenty-Four Con & Supply
3.5xn/a฿1.4b

Price-To-Sales vs Peers: 24CS-R is expensive based on its Price-To-Sales Ratio (3.5x) compared to the peer average (0.5x).

Price to Sales Ratio vs Industry

How does 24CS-R's PS Ratio compare vs other companies in the TH Trade Distributors Industry?

0 CompaniesPrice / SalesEstimated GrowthMarket Cap
No more companies available in this PS range
24CS-R 3.5xIndustry Avg. 0.8xNo. of Companies4PS00.40.81.21.62+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 24CS-R is expensive based on its Price-To-Sales Ratio (3.5x) compared to the TH Trade Distributors industry average (0.8x).

Price to Sales Ratio vs Fair Ratio

What is 24CS-R's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

24CS-R PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.5x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 24CS-R's Price-To-Sales 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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