Trinity Watthana Public Company Limited

SET:TNITY-R Stock Report

Market Cap: ฿793.3m

Trinity Watthana Valuation

Is TNITY-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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: TNITY-R (THB3.7) is trading below our estimate of fair value (THB5.6)

Significantly Below Fair Value: TNITY-R is trading below fair value by more than 20%.


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

TNITY-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/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Sales Ratio vs Peers

How does TNITY-R's PS Ratio compare to its peers?

The above table shows the PS ratio for TNITY-R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2x
UOBKH UOB Kay Hian Securities (Thailand)
2.3xn/a฿2.4b
FSX Finansia X
1.5xn/a฿2.1b
CGH Country Group Holdings
1.9xn/a฿2.9b
ASP Asia Plus Group Holdings
2.4xn/a฿5.3b
TNITY-R Trinity Watthana
2.8xn/a฿793.3m

Price-To-Sales vs Peers: TNITY-R is expensive based on its Price-To-Sales Ratio (2.8x) compared to the peer average (2x).


Price to Earnings Ratio vs Industry

How does TNITY-R's PE Ratio compare vs other companies in the Asian Capital Markets Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a16.4%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a16.4%
n/an/an/a
No more companies

Price-To-Sales vs Industry: TNITY-R is good value based on its Price-To-Sales Ratio (2.8x) compared to the Asian Capital Markets industry average (4.7x).


Price to Sales Ratio vs Fair Ratio

What is TNITY-R's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TNITY-R PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.8x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate TNITY-R's Price-To-Sales 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.


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