Global Connections Valuation

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

GC-R (THB4.98) is trading above our estimate of [[fair value]] (THB4.61)

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

Below Fair Value: GC-R (THB4.98) is trading above our estimate of fair value (THB4.61)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for GC-R. This is calculated by dividing GC-R's market cap by their current earnings.
What is GC-R's PE Ratio?
PE Ratio	12.2x
Earnings	฿179.70m
Market Cap	฿2.19b

GC-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	0.5x
Enterprise Value/EBITDA	12.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GC-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	18.5x
UAC UAC Global	25.4x	n/a	฿2.2b
SMIT Sahamit Machinery	16.9x	n/a	฿2.2b
HARN Harn Engineering Solutions	12.4x	n/a	฿1.2b
CSS Communication & System Solution	19.4x	n/a	฿1.1b
GC-R Global Connections	12.2x	n/a	฿2.2b

Price-To-Earnings vs Peers: GC-R is good value based on its Price-To-Earnings Ratio (12.2x) compared to the peer average (18.5x).

Price to Earnings Ratio vs Industry

How does GC-R's PE Ratio compare vs other companies in the Asian Trade Distributors Industry?

26 Companies	Price / Earnings	Estimated Growth	Market Cap

26 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: GC-R is good value based on its Price-To-Earnings Ratio (12.2x) compared to the Asian Trade Distributors industry average (14.6x).

Price to Earnings Ratio vs Fair Ratio

What is GC-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.

GC-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	12.2x
Fair PE Ratio	n/a

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