J.R.W. Utility Valuation

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

Below Fair Value: JR-R (THB2.98) is trading above our estimate of fair value (THB0.57)

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

Key Valuation Metric

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

Key metric: As JR-R is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for JR-R. This is calculated by dividing JR-R's market cap by their current revenue.
What is JR-R's PS Ratio?
PS Ratio	1.6x
Sales	฿1.43b
Market Cap	฿2.26b

JR-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	1.5x
Enterprise Value/EBITDA	286.6x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does JR-R's PS Ratio compare to its peers?

The above table shows the PS ratio for JR-R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.7x
DEMCO Demco	0.9x	n/a	฿2.5b
TEAMG TEAM Consulting Engineering and Management	1.5x	n/a	฿2.7b
UNIQ Unique Engineering and Construction	0.3x	n/a	฿3.0b
ITD Italian-Thai Development	0.04x	-4.5%	฿2.7b
JR-R J.R.W. Utility	1.6x	n/a	฿2.3b

Price-To-Sales vs Peers: JR-R is expensive based on its Price-To-Sales Ratio (1.6x) compared to the peer average (0.7x).

Price to Sales Ratio vs Industry

How does JR-R's PS Ratio compare vs other companies in the TH Construction Industry?

4 Companies	Price / Sales	Estimated Growth	Market Cap
ITD Italian-Thai Development	0.04x	-4.5%	US$79.05m
TTCL TTCL	0.07x	-3.0%	US$42.21m
PLE Power Line Engineering	0.05x	n/a	US$14.90m
NWR Nawarat Patanakarn	0.04x	n/a	US$11.91m

No more companies available in this PS range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: JR-R is expensive based on its Price-To-Sales Ratio (1.6x) compared to the TH Construction industry average (0.4x).

Price to Sales Ratio vs Fair Ratio

What is JR-R'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.

JR-R PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.6x
Fair PS Ratio	n/a

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