Muangthai Capital Valuation

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

MTC-F (THB45.75) is trading above our estimate of [[fair value]] (THB40.03)

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

Below Fair Value: MTC-F (THB45.75) is trading above our estimate of fair value (THB40.03)

Significantly Below Fair Value: MTC-F is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MTC-F?

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

The above table shows the Price to Earnings ratio for MTC-F. This is calculated by dividing MTC-F's market cap by their current earnings.
What is MTC-F's PE Ratio?
PE Ratio	17.1x
Earnings	฿5.47b
Market Cap	฿93.28b

MTC-F 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	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	1x

Price to Earnings Ratio vs Peers

How does MTC-F's PE Ratio compare to its peers?

The above table shows the PE ratio for MTC-F 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	13.9x
KTC Krungthai Card	16.2x	7.2%	฿118.6b
SAWAD Srisawad Corporation	12.1x	11.0%	฿61.6b
TIDLOR Ngern Tid Lor	12.5x	15.2%	฿51.3b
JMT JMT Network Services	14.8x	11.6%	฿26.0b
MTC-F Muangthai Capital	17.1x	17.2%	฿93.3b

Price-To-Earnings vs Peers: MTC-F is expensive based on its Price-To-Earnings Ratio (17.1x) compared to the peer average (11x).

Price to Earnings Ratio vs Industry

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

1 Company	Price / Earnings	Estimated Growth	Market Cap

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: MTC-F is expensive based on its Price-To-Earnings Ratio (17.1x) compared to the Asian Consumer Finance industry average (14.6x).

Price to Earnings Ratio vs Fair Ratio

What is MTC-F'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.

MTC-F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	17.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MTC-F'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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