C.I. Group Public Company Limited

SET:CIG Stock Report

Market Cap: ฿144.5m

C.I. Group Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: CIG (THB0.04) is trading below our estimate of fair value (THB1.54)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for CIG. This is calculated by dividing CIG's market cap by their current revenue.
What is CIG's PS Ratio?
PS Ratio0.3x
Sales฿467.61m
Market Cap฿144.46m

Price to Sales Ratio vs Peers

How does CIG's PS Ratio compare to its peers?

The above table shows the PS ratio for CIG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.6x
PK Patkol
0.2xn/a฿302.0m
TAPAC Tapaco
0.1xn/a฿214.2m
KKC Kulthorn Kirby
0.02xn/a฿60.0m
TMC T.M.C. Industrial
2xn/a฿532.2m
CIG C.I. Group
0.3xn/a฿144.5m

Price-To-Sales vs Peers: CIG is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (0.6x).

Price to Sales Ratio vs Industry

How does CIG's PS Ratio compare vs other companies in the TH Machinery Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
TAPAC Tapaco
0.1xn/aUS$5.95m
KKC Kulthorn Kirby
0.02xn/aUS$1.79m
No more companies available in this PS range
CIG 0.3xIndustry Avg. 1.7xNo. of Companies3PS00.61.21.82.43+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: CIG is good value based on its Price-To-Sales Ratio (0.3x) compared to the Asian Machinery industry average (1.7x).

Price to Sales Ratio vs Fair Ratio

What is CIG'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.

CIG PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate CIG'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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