Siam Wellness Group Valuation
Is SPA-R undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
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 SPA-R when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SPA-R (THB7.3) is trading below our estimate of fair value (THB8.97)
Significantly Below Fair Value: SPA-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 SPA-R?
Key metric: As SPA-R is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is SPA-R's PE Ratio? | |
|---|---|
| PE Ratio | 26.2x |
| Earnings | ฿357.36m |
| Market Cap | ฿9.36b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 6.1x |
| Enterprise Value/EBITDA | 26x |
| PEG Ratio | 2.5x |
Price to Earnings Ratio vs Peers
How does SPA-R's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 21.4x | ||
AUCT Union Auction | 11.9x | -1.1% | ฿4.6b |
SHANG Shangri-La Hotel | 31.5x | n/a | ฿6.4b |
AU After You | 34.9x | 18.1% | ฿9.0b |
LRH Laguna Resorts & Hotels | 7.2x | n/a | ฿6.6b |
SPA-R Siam Wellness Group | 26.2x | 10.6% | ฿9.4b |
Price-To-Earnings vs Peers: SPA-R is expensive based on its Price-To-Earnings Ratio (26.2x) compared to the peer average (21.4x).
Price to Earnings Ratio vs Industry
How does SPA-R's PE Ratio compare vs other companies in the Asian Consumer Services Industry?
| 9 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 9 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: SPA-R is expensive based on its Price-To-Earnings Ratio (26.2x) compared to the Asian Consumer Services industry average (16.5x).
Price to Earnings Ratio vs Fair Ratio
What is SPA-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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 26.2x |
| Fair PE Ratio | 22.1x |
Price-To-Earnings vs Fair Ratio: SPA-R is expensive based on its Price-To-Earnings Ratio (26.2x) compared to the estimated Fair Price-To-Earnings Ratio (22.1x).
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.