JMT Network Services Public Company Limited

SET:JMT Stock Report

Market Cap: ฿26.1b

JMT Network Services Valuation

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

Below Fair Value: JMT (THB18.4) is trading above our estimate of fair value (THB13.35)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

JMT 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/Revenue6.9x
Enterprise Value/EBITDA16.8x
PEG Ratio1.3x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for JMT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.6x
AEONTS AEON Thana Sinsap (Thailand)
10.1x6.2%฿31.9b
TIDLOR Ngern Tid Lor
12.6x13.8%฿50.7b
BAM Bangkok Commercial Asset Management
12.9x12.2%฿22.6b
SAWAD Srisawad Corporation
11x10.0%฿58.2b
JMT JMT Network Services
15.3x11.9%฿26.1b

Price-To-Earnings vs Peers: JMT is expensive based on its Price-To-Earnings Ratio (15.3x) compared to the peer average (11.6x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a12.4%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a12.4%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: JMT is good value based on its Price-To-Earnings Ratio (15.3x) compared to the TH Consumer Finance industry average (16.7x).


Price to Earnings Ratio vs Fair Ratio

What is JMT'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 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.3x
Fair PE Ratio15.7x

Price-To-Earnings vs Fair Ratio: JMT is good value based on its Price-To-Earnings Ratio (15.3x) 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?

The above table shows the analyst JMT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current฿18.40
฿17.54
-4.7%
21.8%฿22.80฿12.00n/a8
Nov ’25฿19.50
฿14.44
-26.0%
23.2%฿20.00฿10.00n/a8
Oct ’25฿18.30
฿13.88
-24.2%
19.3%฿18.00฿10.00n/a8
Sep ’25฿15.90
฿13.88
-12.7%
19.3%฿18.00฿10.00n/a8
Aug ’25฿12.00
฿18.74
+56.1%
34.1%฿35.00฿13.00n/a8
Jul ’25฿13.40
฿18.74
+39.8%
34.1%฿35.00฿13.00n/a8
Jun ’25฿15.40
฿20.29
+31.7%
31.7%฿35.00฿14.50n/a8
May ’25฿20.70
฿29.67
+43.3%
17.9%฿36.00฿21.00n/a7
Apr ’25฿22.40
฿29.67
+32.5%
17.9%฿36.00฿21.00n/a7
Mar ’25฿22.20
฿30.39
+36.9%
20.5%฿40.00฿21.00n/a7
Feb ’25฿20.30
฿31.36
+54.5%
19.2%฿40.00฿21.00n/a7
Jan ’25฿25.50
฿33.08
+29.7%
18.8%฿40.00฿21.00n/a6
Dec ’24฿26.50
฿35.50
+34.0%
9.6%฿40.00฿30.50n/a5
Nov ’24฿31.25
฿46.60
+49.1%
21.0%฿60.00฿33.00฿19.505
Oct ’24฿47.75
฿55.20
+15.6%
14.2%฿68.00฿46.00฿18.305
Sep ’24฿46.25
฿55.20
+19.4%
14.2%฿68.00฿46.00฿15.905
Aug ’24฿38.75
฿56.25
+45.2%
25.8%฿81.00฿44.00฿12.004
Jul ’24฿37.50
฿66.25
+76.7%
29.6%฿90.00฿44.00฿13.404
Jun ’24฿42.50
฿64.75
+52.4%
33.1%฿90.00฿38.00฿15.404
May ’24฿39.50
฿70.13
+77.5%
22.9%฿90.00฿50.00฿20.704
Apr ’24฿46.50
฿70.13
+50.8%
22.9%฿90.00฿50.00฿22.404
Mar ’24฿46.00
฿70.13
+52.4%
22.9%฿90.00฿50.00฿22.204
Feb ’24฿54.25
฿81.38
+50.0%
9.0%฿90.00฿70.00฿20.304
Jan ’24฿69.00
฿85.63
+24.1%
6.5%฿91.00฿77.00฿25.504
Dec ’23฿70.00
฿85.30
+21.9%
5.9%฿91.00฿77.00฿26.505
Nov ’23฿66.50
฿88.90
+33.7%
8.7%฿100.00฿77.00฿31.255

Analyst Forecast: Target price is lower than the current share price.


Discover undervalued companies