Asia Precision Valuation

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

APCS-R (THB1.87) is trading above our estimate of [[fair value]] (THB0.69)

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

Below Fair Value: APCS-R (THB1.87) is trading above our estimate of fair value (THB0.69)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for APCS-R. This is calculated by dividing APCS-R's market cap by their current earnings.
What is APCS-R's PE Ratio?
PE Ratio	27.9x
Earnings	฿44.31m
Market Cap	฿1.23b

APCS-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	2.1x
Enterprise Value/EBITDA	-5.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for APCS-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	15.5x
HTECH Halcyon Technology	15.2x	n/a	฿1.2b
FTE Firetrade Engineering	8.5x	n/a	฿1.0b
BM Bangkok Sheet Metal	31.2x	n/a	฿1.8b
GTB Getabec	7.3x	n/a	฿681.6m
APCS-R Asia Precision	27.9x	n/a	฿1.2b

Price-To-Earnings vs Peers: APCS-R is expensive based on its Price-To-Earnings Ratio (27.9x) compared to the peer average (15.5x).

Price to Earnings Ratio vs Industry

How does APCS-R's PE Ratio compare vs other companies in the Asian Machinery Industry?

19 Companies	Price / Earnings	Estimated Growth	Market Cap

19 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: APCS-R is expensive based on its Price-To-Earnings Ratio (27.9x) compared to the Asian Machinery industry average (22.5x).

Price to Earnings Ratio vs Fair Ratio

What is APCS-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.

APCS-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	27.9x
Fair PE Ratio	n/a

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