Business Online Public Company Limited

SET:BOL Stock Report

Market Cap: ฿4.9b

Business Online Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: BOL (THB5.9) is trading above our estimate of fair value (THB2.8)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for BOL. This is calculated by dividing BOL's market cap by their current earnings.
What is BOL's PE Ratio?
PE Ratio18x
Earnings฿268.92m
Market Cap฿4.92b

Price to Earnings Ratio vs Peers

How does BOL's PE Ratio compare to its peers?

The above table shows the PE ratio for BOL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.5x
BTC Brooker Group
15xn/a฿7.6b
STI Stonehenge Inter
47.4xn/a฿1.9b
AMARC Asia Medical and Agricultural Laboratory and Research Center
19.7x12.0%฿596.4m
PRTR PRTR Group
11.7xn/a฿2.6b
BOL Business Online
18xn/a฿4.8b

Price-To-Earnings vs Peers: BOL is good value based on its Price-To-Earnings Ratio (18x) compared to the peer average (23.5x).


Price to Earnings Ratio vs Industry

How does BOL's PE Ratio compare vs other companies in the Asian Professional Services Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BOL 18.0xIndustry Avg. 19.7xNo. of Companies49PE01632486480+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BOL is good value based on its Price-To-Earnings Ratio (18x) compared to the Asian Professional Services industry average (19.7x).


Price to Earnings Ratio vs Fair Ratio

What is BOL'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.

BOL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18x
Fair PE Ration/a

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