OHTL Valuation

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

OHTL-R (THB347) is trading below our estimate of [[fair value]] (THB415.65)

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: OHTL-R (THB347) is trading below our estimate of fair value (THB415.65)

Significantly Below Fair Value: OHTL-R is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for OHTL-R. This is calculated by dividing OHTL-R's market cap by their current earnings.
What is OHTL-R's PE Ratio?
PE Ratio	14.7x
Earnings	฿355.25m
Market Cap	฿5.24b

OHTL-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	2.9x
Enterprise Value/EBITDA	9.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for OHTL-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	54.3x
LRH Laguna Resorts & Hotels	7x	n/a	฿6.4b
SHANG Shangri-La Hotel	31.5x	n/a	฿6.4b
SHR S Hotels and Resorts	161.2x	71.6%	฿8.1b
ERW Erawan Group	17.5x	-6.1%	฿19.7b
OHTL-R OHTL	14.7x	n/a	฿5.2b

Price-To-Earnings vs Peers: OHTL-R is good value based on its Price-To-Earnings Ratio (14.7x) compared to the peer average (54.3x).

Price to Earnings Ratio vs Industry

How does OHTL-R's PE Ratio compare vs other companies in the Asian Hospitality Industry?

22 Companies	Price / Earnings	Estimated Growth	Market Cap

22 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: OHTL-R is good value based on its Price-To-Earnings Ratio (14.7x) compared to the Asian Hospitality industry average (20.9x).

Price to Earnings Ratio vs Fair Ratio

What is OHTL-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.

OHTL-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	14.7x
Fair PE Ratio	n/a

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