Pranda Jewelry Valuation

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

Below Fair Value: PDJ (THB1.94) is trading below our estimate of fair value (THB6.04)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PDJ. This is calculated by dividing PDJ's market cap by their current earnings.
What is PDJ's PE Ratio?
PE Ratio	30.5x
Earnings	฿37.73m
Market Cap	฿1.15b

PDJ 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	10.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PDJ 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	18x
MTW Make To Win Holding	31.7x	90.1%	฿781.8m
WARRIX Warrix Sport	16.2x	19.1%	฿2.4b
CPH Castle Peak Holdings	8.9x	n/a	฿416.0m
SABINA Sabina	15.3x	7.7%	฿7.2b
PDJ Pranda Jewelry	30.5x	n/a	฿1.2b

Price-To-Earnings vs Peers: PDJ is expensive based on its Price-To-Earnings Ratio (30.5x) compared to the peer average (18x).

Price to Earnings Ratio vs Industry

How does PDJ's PE Ratio compare vs other companies in the Asian Luxury Industry?

38 Companies	Price / Earnings	Estimated Growth	Market Cap

38 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: PDJ is expensive based on its Price-To-Earnings Ratio (30.5x) compared to the Asian Luxury industry average (20.3x).

Price to Earnings Ratio vs Fair Ratio

What is PDJ'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.

PDJ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	30.5x
Fair PE Ratio	n/a

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