Asia Green Energy Valuation

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

Below Fair Value: AGE-F (THB2.12) is trading below our estimate of fair value (THB2.9)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for AGE-F. This is calculated by dividing AGE-F's market cap by their current earnings.
What is AGE-F's PE Ratio?
PE Ratio	2.4x
Earnings	฿1.23b
Market Cap	฿2.97b

AGE-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	0.4x
Enterprise Value/EBITDA	4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does AGE-F's PE Ratio compare to its peers?

The above table shows the PE ratio for AGE-F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	15.6x
UAC UAC Global	25.4x	n/a	฿2.2b
GC Global Connections	12.2x	n/a	฿2.2b
SMIT Sahamit Machinery	16.9x	n/a	฿2.2b
ALLA Alla	8.1x	n/a	฿1.0b
AGE-F Asia Green Energy	2.4x	n/a	฿3.0b

Price-To-Earnings vs Peers: AGE-F is good value based on its Price-To-Earnings Ratio (2.4x) compared to the peer average (33x).

Price to Earnings Ratio vs Industry

How does AGE-F's PE Ratio compare vs other companies in the Asian Trade Distributors Industry?

27 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	14.3x	6.6%
AGE-F Asia Green Energy	2.4x	n/a	US$84.43m

27 Companies		Estimated Growth	Market Cap
Industry Avg.	14.3x	6.6%
AGE-F Asia Green Energy	2.4x	n/a	US$84.43m

No more companies

Price-To-Earnings vs Industry: AGE-F is good value based on its Price-To-Earnings Ratio (2.4x) compared to the Asian Trade Distributors industry average (13.8x).

Price to Earnings Ratio vs Fair Ratio

What is AGE-F'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.

AGE-F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	2.4x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AGE-F'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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