TPCS Valuation

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

TPCS-F (THB4.6) is trading above our estimate of [[fair value]] (THB3.24)

Is TPCS-F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: TPCS-F (THB4.6) is trading above our estimate of fair value (THB3.24)

Significantly Below Fair Value: TPCS-F is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TPCS-F?

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

The above table shows the Price to Earnings ratio for TPCS-F. This is calculated by dividing TPCS-F's market cap by their current earnings.
What is TPCS-F's PE Ratio?
PE Ratio	75x
Earnings	฿16.99m
Market Cap	฿1.27b

TPCS-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	0.9x
Enterprise Value/EBITDA	29x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TPCS-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	16.6x
TTT Toray Textiles (Thailand)	6.6x	n/a	฿3.1b
UPF Union Pioneer	12.8x	n/a	฿243.8m
AFC Asia Fiber	16.1x	n/a	฿218.8m
PDJ Pranda Jewelry	31x	n/a	฿1.2b
TPCS-F TPCS	75x	n/a	฿1.3b

Price-To-Earnings vs Peers: TPCS-F is expensive based on its Price-To-Earnings Ratio (75x) compared to the peer average (16.6x).

Price to Earnings Ratio vs Industry

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

35 Companies	Price / Earnings	Estimated Growth	Market Cap

35 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: TPCS-F is expensive based on its Price-To-Earnings Ratio (75x) compared to the Asian Luxury industry average (20.4x).

Price to Earnings Ratio vs Fair Ratio

What is TPCS-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.

TPCS-F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	75x
Fair PE Ratio	n/a

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