Sriracha Construction Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: SRICHA-R (THB4.82) is trading above our estimate of fair value (THB3.56)

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

Key Valuation Metric

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

Key metric: As SRICHA-R is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for SRICHA-R. This is calculated by dividing SRICHA-R's market cap by their current revenue.
What is SRICHA-R's PS Ratio?
PS Ratio	0.6x
Sales	฿2.42b
Market Cap	฿1.49b

SRICHA-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	3.4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for SRICHA-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	1.4x
TRITN Triton Holding	2.6x	n/a	฿1.3b
PYLON Pylon	1.4x	14.3%	฿1.4b
SEAFCO Seafco	1.1x	15.0%	฿1.6b
PREB Pre-Built	0.3x	n/a	฿1.4b
SRICHA-R Sriracha Construction	0.6x	n/a	฿1.5b

Price-To-Sales vs Peers: SRICHA-R is good value based on its Price-To-Sales Ratio (0.6x) compared to the peer average (1.4x).

Price to Sales Ratio vs Industry

How does SRICHA-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$80.89m
TTCL TTCL	0.08x	-3.0%	US$42.73m
PLE Power Line Engineering	0.05x	n/a	US$14.56m
NWR Nawarat Patanakarn	0.05x	n/a	US$12.70m

No more companies available in this PS range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: SRICHA-R is expensive based on its Price-To-Sales Ratio (0.6x) compared to the TH Construction industry average (0.4x).

Price to Sales Ratio vs Fair Ratio

What is SRICHA-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.

SRICHA-R PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.6x
Fair PS Ratio	n/a

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