New Plus Knitting Valuation

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

NPK-R (THB14.1) is trading below our estimate of [[fair value]] (THB40.83)

Is NPK-R 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-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: NPK-R (THB14.1) is trading below our estimate of fair value (THB40.83)

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

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for NPK-R. This is calculated by dividing NPK-R's market cap by their current preferred multiple.
What is NPK-R's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	฿141.00m

NPK-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	0.4x
Enterprise Value/EBITDA	-15x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does NPK-R's PS Ratio compare to its peers?

The above table shows the PS ratio for NPK-R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	1.6x
SAWANG Sawang Export	2.5x	n/a	฿288.0m
CPH Castle Peak Holdings	0.5x	n/a	฿664.0m
PG People's Garment	1.2x	n/a	฿873.6m
MTW Make To Win Holding	2.1x	52.5%	฿909.9m
NPK-R New Plus Knitting	0.7x	n/a	฿141.0m

Price-To-Sales vs Peers: NPK-R is good value based on its Price-To-Sales Ratio (0.7x) compared to the peer average (1.6x).

Price to Earnings Ratio vs Industry

How does NPK-R's PE Ratio compare vs other companies in the TH Luxury Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	17.2%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	17.2%
	n/a	n/a	n/a

No more companies

Price-To-Sales vs Industry: NPK-R is good value based on its Price-To-Sales Ratio (0.7x) compared to the TH Luxury industry average (0.8x).

Price to Sales Ratio vs Fair Ratio

What is NPK-R's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NPK-R PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.7x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate NPK-R's Price-To-Sales 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.