Filter Vision Valuation

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

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

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

Key Valuation Metric

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

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

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

FVC 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's PE Ratio compare to its peers?

The above table shows the PE ratio for FVC 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 Filter Vision	4x	n/a	฿380.2m

Price-To-Earnings vs Peers: FVC 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'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 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'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 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'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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