Twenty-Four Con & Supply Valuation

Q: What is the Fair Price of 24CS-F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

24CS-F (THB3.4) is trading above our estimate of [[fair value]] (THB2.58)

Is 24CS-F 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 24CS-F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 24CS-F (THB3.4) is trading above our estimate of fair value (THB2.58)

Significantly Below Fair Value: 24CS-F is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 24CS-F?

Key metric: As 24CS-F is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 24CS-F. This is calculated by dividing 24CS-F's market cap by their current revenue.
What is 24CS-F's PS Ratio?
PS Ratio	3.7x
Sales	฿395.34m
Market Cap	฿1.48b

24CS-F 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	3.8x
Enterprise Value/EBITDA	-4.3x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 24CS-F's PS Ratio compare to its peers?

The above table shows the PS ratio for 24CS-F 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	0.5x
AGE Asia Green Energy	0.1x	n/a	฿1.5b
SMIT Sahamit Machinery	1.3x	n/a	฿2.2b
CSS Communication & System Solution	0.3x	n/a	฿1.2b
THE Steel	0.1x	n/a	฿892.7m
24CS-F Twenty-Four Con & Supply	3.7x	n/a	฿1.5b

Price-To-Sales vs Peers: 24CS-F is expensive based on its Price-To-Sales Ratio (3.7x) compared to the peer average (0.5x).

Price to Sales Ratio vs Industry

How does 24CS-F's PS Ratio compare vs other companies in the TH Trade Distributors Industry?

2 Companies	Price / Sales	Estimated Growth	Market Cap
AGE Asia Green Energy	0.1x	n/a	US$42.68m
THE Steel	0.1x	n/a	US$25.89m

No more companies available in this PS range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 24CS-F is expensive based on its Price-To-Sales Ratio (3.7x) compared to the TH Trade Distributors industry average (0.8x).

Price to Sales Ratio vs Fair Ratio

What is 24CS-F'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.

24CS-F PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	3.7x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 24CS-F'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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