UOB Kay Hian Securities (Thailand) Public Company Limited

SET:UOBKH-R Stock Report

Market Cap: ฿2.7b

UOB Kay Hian Securities (Thailand) Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: UOBKH-R (THB5.3) is trading above our estimate of fair value (THB2.24)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for UOBKH-R. This is calculated by dividing UOBKH-R's market cap by their current earnings.
What is UOBKH-R's PE Ratio?
PE Ratio42.7x
Earnings฿62.31m
Market Cap฿2.66b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for UOBKH-R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.8x
CGH Country Group Holdings
14.9xn/a฿2.7b
ASP Asia Plus Group Holdings
14.2xn/a฿5.1b
MST Maybank Securities (Thailand)
14.8xn/a฿5.6b
KGI KGI Securities (Thailand)
11.3xn/a฿8.5b
UOBKH-R UOB Kay Hian Securities (Thailand)
42.7xn/a฿2.7b

Price-To-Earnings vs Peers: UOBKH-R is expensive based on its Price-To-Earnings Ratio (42.7x) compared to the peer average (13.8x).

Price to Earnings Ratio vs Industry

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

43 CompaniesPrice / EarningsEstimated GrowthMarket Cap
UOBKH-R 42.7xIndustry Avg. 18.0xNo. of Companies98PE01632486480+
43 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: UOBKH-R is expensive based on its Price-To-Earnings Ratio (42.7x) compared to the Asian Capital Markets industry average (17.9x).

Price to Earnings Ratio vs Fair Ratio

What is UOBKH-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.

UOBKH-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio42.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate UOBKH-R's Price-To-Earnings 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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