Humanica Valuation

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

HUMAN (THB9.75) is trading below our estimate of [[fair value]] (THB11.41)

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

Below Fair Value: HUMAN (THB9.75) is trading below our estimate of fair value (THB11.41)

Significantly Below Fair Value: HUMAN is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for HUMAN. This is calculated by dividing HUMAN's market cap by their current earnings.
What is HUMAN's PE Ratio?
PE Ratio	26.8x
Earnings	฿315.49m
Market Cap	฿8.46b

HUMAN 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	5.6x
Enterprise Value/EBITDA	17.7x
PEG Ratio	1.9x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for HUMAN 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
PRTR PRTR Group	11.7x	n/a	฿2.6b
SO Siamrajathanee	17.6x	n/a	฿2.3b
BOL Business Online	18x	n/a	฿4.8b
BTC Brooker Group	15x	n/a	฿7.6b
HUMAN Humanica	26.8x	14.1%	฿8.5b

Price-To-Earnings vs Peers: HUMAN is expensive based on its Price-To-Earnings Ratio (26.8x) compared to the peer average (15.6x).

Price to Earnings Ratio vs Industry

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

2 Companies	Price / Earnings	Estimated Growth	Market Cap

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: HUMAN is expensive based on its Price-To-Earnings Ratio (26.8x) compared to the Asian Professional Services industry average (19.7x).

Price to Earnings Ratio vs Fair Ratio

What is HUMAN'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.

HUMAN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	26.8x
Fair PE Ratio	19.2x

Price-To-Earnings vs Fair Ratio: HUMAN is expensive based on its Price-To-Earnings Ratio (26.8x) compared to the estimated Fair Price-To-Earnings Ratio (19.2x).

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.