J.R.W. Utility Public Company Limited

SET:JR Stock Report

Market Cap: ฿2.3b

J.R.W. Utility Valuation

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

Below Fair Value: JR (THB3.04) is trading above our estimate of fair value (THB0.57)

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

Key Valuation Metric

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

Key metric: As JR 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. This is calculated by dividing JR's market cap by their current revenue.
What is JR's PS Ratio?
PS Ratio1.6x
Sales฿1.43b
Market Cap฿2.31b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for JR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.7x
DEMCO Demco
0.9xn/a฿2.5b
TEAMG TEAM Consulting Engineering and Management
1.6xn/a฿2.8b
UNIQ Unique Engineering and Construction
0.3xn/a฿3.1b
ITD Italian-Thai Development
0.04x-4.5%฿2.8b
JR J.R.W. Utility
1.6xn/a฿2.3b

Price-To-Sales vs Peers: JR 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's PS Ratio compare vs other companies in the TH Construction Industry?

4 CompaniesPrice / SalesEstimated GrowthMarket Cap
ITD Italian-Thai Development
0.04x-4.5%US$81.08m
TTCL TTCL
0.08x-3.0%US$43.91m
PLE Power Line Engineering
0.05xn/aUS$14.60m
NWR Nawarat Patanakarn
0.05xn/aUS$12.74m
No more companies available in this PS range
JR 1.6xIndustry Avg. 0.4xNo. of Companies7PS00.40.81.21.62+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: JR 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'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 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.6x
Fair PS Ration/a

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