Kang Yong Electric Valuation

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

KYE-R (THB287) is trading above our estimate of [[fair value]] (THB92.27)

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

Below Fair Value: KYE-R (THB287) is trading above our estimate of fair value (THB92.27)

Significantly Below Fair Value: KYE-R is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KYE-R?

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

The above table shows the Price to Earnings ratio for KYE-R. This is calculated by dividing KYE-R's market cap by their current earnings.
What is KYE-R's PE Ratio?
PE Ratio	9x
Earnings	฿628.97m
Market Cap	฿5.68b

KYE-R 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	0.2x
Enterprise Value/EBITDA	3.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does KYE-R's PE Ratio compare to its peers?

The above table shows the PE ratio for KYE-R 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	24x
FTI Function International	43.1x	n/a	฿945.0m
KOOL CL Venture	17.1x	n/a	฿778.0m
MODERN Modernform Group	19.7x	n/a	฿1.8b
SABINA Sabina	15.9x	9.2%	฿7.4b
KYE-R Kang Yong Electric	9x	n/a	฿5.7b

Price-To-Earnings vs Peers: KYE-R is good value based on its Price-To-Earnings Ratio (9x) compared to the peer average (24x).

Price to Earnings Ratio vs Industry

How does KYE-R's PE Ratio compare vs other companies in the Asian Consumer Durables Industry?

10 Companies	Price / Earnings	Estimated Growth	Market Cap

10 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: KYE-R is good value based on its Price-To-Earnings Ratio (9x) compared to the Asian Consumer Durables industry average (17.5x).

Price to Earnings Ratio vs Fair Ratio

What is KYE-R'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.

KYE-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate KYE-R'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.