JMT Network Services Valuation

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

Below Fair Value: JMT-R (THB18.3) is trading above our estimate of fair value (THB13.58)

Significantly Below Fair Value: JMT-R is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for JMT-R. This is calculated by dividing JMT-R's market cap by their current earnings.
What is JMT-R's PE Ratio?
PE Ratio	15.2x
Earnings	฿1.76b
Market Cap	฿26.71b

JMT-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	7x
Enterprise Value/EBITDA	16.8x
PEG Ratio	1.3x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for JMT-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	13x
BAM Bangkok Commercial Asset Management	14.7x	18.0%	฿22.6b
AEONTS AEON Thana Sinsap (Thailand)	9.9x	6.2%	฿31.1b
SAK Saksiam Leasing	14.5x	14.4%	฿11.8b
TIDLOR Ngern Tid Lor	12.8x	15.2%	฿52.2b
JMT-R JMT Network Services	15.2x	11.6%	฿26.7b

Price-To-Earnings vs Peers: JMT-R is expensive based on its Price-To-Earnings Ratio (15.2x) compared to the peer average (13x).

Price to Earnings Ratio vs Industry

How does JMT-R's PE Ratio compare vs other companies in the TH Consumer Finance Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: JMT-R is good value based on its Price-To-Earnings Ratio (15.2x) compared to the TH Consumer Finance industry average (16.4x).

Price to Earnings Ratio vs Fair Ratio

What is JMT-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.

JMT-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	15.2x
Fair PE Ratio	15.7x

Price-To-Earnings vs Fair Ratio: JMT-R is good value based on its Price-To-Earnings Ratio (15.2x) compared to the estimated Fair Price-To-Earnings Ratio (15.7x).

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.

Discover undervalued companies

Ratchthani Leasing

฿10.9b

Together with its subsidiary, provides hire-purchase and leasing services in Thailand.

THANI

฿1.75

-30.8%

Sabuy Technology

฿802.4m

Provides top-up services for prepaid phone and electronical receipt through top-up machines in Thailand.

SABUY

฿0.48

-23.8%

-90.8%

IFS Capital (Thailand)

฿1.2b

Engages in the provision of factoring, leasing, hire purchase, and other financial services in Thailand, Singapore, Malaysia, and Indonesia.

IFS-R

฿2.48

-3.1%

-10.1%