Siamrajathanee Valuation

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

Below Fair Value: SO-F (THB6.5) is trading below our estimate of fair value (THB12.6)

Significantly Below Fair Value: SO-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 SO-F?

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

The above table shows the Price to Earnings ratio for SO-F. This is calculated by dividing SO-F's market cap by their current earnings.
What is SO-F's PE Ratio?
PE Ratio	18x
Earnings	฿131.12m
Market Cap	฿2.36b

SO-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	1.3x
Enterprise Value/EBITDA	15.4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SO-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	21.8x
PRTR PRTR Group	11.6x	n/a	฿2.6b
HUMAN Humanica	24.9x	14.0%	฿7.9b
STI Stonehenge Inter	33.5x	n/a	฿1.9b
BOL Business Online	17.1x	n/a	฿4.6b
SO-F Siamrajathanee	18x	n/a	฿2.4b

Price-To-Earnings vs Peers: SO-F is good value based on its Price-To-Earnings Ratio (18x) compared to the peer average (21.8x).

Price to Earnings Ratio vs Industry

How does SO-F'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: SO-F is good value based on its Price-To-Earnings Ratio (18x) compared to the Asian Professional Services industry average (19.5x).

Price to Earnings Ratio vs Fair Ratio

What is SO-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.

SO-F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	18x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SO-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.