S.Kijchai Enterprise Public Company Limited

SET:SKN-R Stock Report

Market Cap: ฿4.2b

S.Kijchai Enterprise Valuation

Is SKN-R undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: SKN-R (THB5.2) is trading below our estimate of fair value (THB9.43)

Significantly Below Fair Value: SKN-R is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SKN-R. This is calculated by dividing SKN-R's market cap by their current earnings.
What is SKN-R's PE Ratio?
PE Ratio7.8x
Earnings฿535.87m
Market Cap฿4.16b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SKN-R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.4x
VNG Vanachai Group
10.4xn/a฿5.9b
SCGD SCG Decor
11.2x23.5%฿9.8b
DCC Dynasty Ceramic
15.2x7.3%฿17.1b
WIIK WIIK
28.9xn/a฿938.2m
SKN-R S.Kijchai Enterprise
7.8xn/a฿4.2b

Price-To-Earnings vs Peers: SKN-R is good value based on its Price-To-Earnings Ratio (7.8x) compared to the peer average (16.4x).

Price to Earnings Ratio vs Industry

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

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
SKN-R 7.8xIndustry Avg. 17.3xNo. of Companies31PE01224364860+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SKN-R is good value based on its Price-To-Earnings Ratio (7.8x) compared to the Asian Building industry average (17.3x).

Price to Earnings Ratio vs Fair Ratio

What is SKN-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.

SKN-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.8x
Fair PE Ration/a

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