Filter Vision Valuation

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

Below Fair Value: FVC-R (THB0.7) is trading above our estimate of fair value (THB0.14)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for FVC-R. This is calculated by dividing FVC-R's market cap by their current earnings.
What is FVC-R's PE Ratio?
PE Ratio	4x
Earnings	฿93.93m
Market Cap	฿380.20m

FVC-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	0.6x
Enterprise Value/EBITDA	7.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for FVC-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	12x
GTB Getabec	9.8x	n/a	฿691.2m
IROYAL Interroyal Engineering	10.4x	n/a	฿823.4m
FTE Firetrade Engineering	8.5x	n/a	฿1.0b
UREKA Eureka Design	19.2x	n/a	฿945.8m
FVC-R Filter Vision	4x	n/a	฿380.2m

Price-To-Earnings vs Peers: FVC-R is good value based on its Price-To-Earnings Ratio (4x) compared to the peer average (12x).

Price to Earnings Ratio vs Industry

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

20 Companies	Price / Earnings	Estimated Growth	Market Cap

20 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: FVC-R is good value based on its Price-To-Earnings Ratio (4x) compared to the Asian Machinery industry average (22.5x).

Price to Earnings Ratio vs Fair Ratio

What is FVC-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.

FVC-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	4x
Fair PE Ratio	n/a

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