Ngern Tid Lor Public Company Limited

SET:TIDLOR Stock Report

Market Cap: ฿48.7b

Ngern Tid Lor Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: TIDLOR (THB16.7) is trading below our estimate of fair value (THB19.04)

Significantly Below Fair Value: TIDLOR 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 TIDLOR?

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

The above table shows the Price to Earnings ratio for TIDLOR. This is calculated by dividing TIDLOR's market cap by their current earnings.
What is TIDLOR's PE Ratio?
PE Ratio11.9x
Earnings฿4.09b
Market Cap฿48.66b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TIDLOR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.6x
SAWAD Srisawad Corporation
11.6x11.0%฿59.3b
JMT JMT Network Services
14.8x11.6%฿26.0b
MTC Muangthai Capital
18.3x18.9%฿103.9b
AEONTS AEON Thana Sinsap (Thailand)
9.7x6.2%฿30.6b
TIDLOR Ngern Tid Lor
11.9x15.2%฿48.7b

Price-To-Earnings vs Peers: TIDLOR is good value based on its Price-To-Earnings Ratio (11.9x) compared to the peer average (13.6x).

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
TIDLOR 11.9xIndustry Avg. 14.2xNo. of Companies26PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TIDLOR is good value based on its Price-To-Earnings Ratio (11.9x) compared to the TH Consumer Finance industry average (16.7x).

Price to Earnings Ratio vs Fair Ratio

What is TIDLOR'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.

TIDLOR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.9x
Fair PE Ratio16.3x

Price-To-Earnings vs Fair Ratio: TIDLOR is good value based on its Price-To-Earnings Ratio (11.9x) compared to the estimated Fair Price-To-Earnings Ratio (16.3x).

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 TIDLOR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current฿16.70
฿19.49
+16.7%
14.5%฿23.50฿14.00n/a18
Nov ’25฿17.30
฿19.04
+10.0%
16.7%฿23.50฿12.60n/a18
Oct ’25฿18.30
฿17.80
-2.7%
16.0%฿23.00฿12.60n/a17
Sep ’25฿16.50
฿18.43
+11.7%
22.5%฿28.93฿12.60n/a18
Aug ’25฿15.90
฿23.70
+49.1%
13.2%฿28.93฿15.00n/a17
Jul ’25฿18.40
฿25.41
+38.1%
7.4%฿28.93฿22.00n/a17
Jun ’25฿19.90
฿25.41
+27.7%
7.4%฿28.93฿22.00n/a17
May ’25฿20.90
฿26.12
+25.0%
9.3%฿33.03฿24.11n/a16
Apr ’25฿21.70
฿26.12
+20.4%
9.3%฿33.03฿24.11n/a16
Mar ’25฿21.41
฿26.61
+24.3%
8.7%฿33.03฿24.11n/a16
Feb ’25฿20.83
฿26.41
+26.8%
7.8%฿30.86฿23.14n/a14
Jan ’25฿21.70
฿26.20
+20.8%
8.0%฿30.86฿23.14n/a14
Dec ’24฿21.79
฿26.68
+22.4%
11.3%฿34.71฿23.14n/a14
Nov ’24฿18.61
฿26.82
+44.1%
13.4%฿34.71฿22.18฿17.3015
Oct ’24฿20.06
฿28.06
+39.9%
11.6%฿34.71฿23.14฿18.3015
Sep ’24฿22.47
฿28.31
+26.0%
10.6%฿34.71฿24.11฿16.5015
Aug ’24฿21.12
฿28.41
+34.5%
11.3%฿34.71฿24.11฿15.9014
Jul ’24฿22.28
฿28.38
+27.4%
10.8%฿34.71฿24.11฿18.4015
Jun ’24฿25.55
฿28.34
+10.9%
10.9%฿34.71฿24.11฿19.9015
May ’24฿20.44
฿26.01
+27.2%
14.1%฿33.43฿18.86฿20.9014
Apr ’24฿21.43
฿26.15
+22.0%
15.5%฿33.43฿18.86฿21.7014
Mar ’24฿21.00
฿27.00
+28.6%
16.6%฿34.29฿18.86฿21.4114
Feb ’24฿24.21
฿30.00
+23.9%
13.2%฿38.57฿21.43฿20.8314
Jan ’24฿25.29
฿30.24
+19.6%
14.1%฿38.57฿21.43฿21.7014
Dec ’23฿24.43
฿30.76
+25.9%
15.5%฿38.57฿21.43฿21.7913
Nov ’23฿22.50
฿34.62
+53.8%
7.4%฿38.57฿30.00฿18.6113

Analyst Forecast: Target price is less than 20% higher than the current share price.

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