Prima Marine Valuation

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

PRM-R (THB9.05) is trading below our estimate of [[fair value]] (THB14.47)

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

Below Fair Value: PRM-R (THB9.05) is trading below our estimate of fair value (THB14.47)

Significantly Below Fair Value: PRM-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 PRM-R?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for PRM-R. This is calculated by dividing PRM-R's market cap by their current preferred multiple.
What is PRM-R's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	฿21.06b

PRM-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/Revenue	3.1x
Enterprise Value/EBITDA	8.6x
PEG Ratio	1.3x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PRM-R 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	18.4x
SGP Siamgas and Petrochemicals	5.2x	n/a	฿13.6b
WP WP Energy	14.9x	n/a	฿1.9b
SEAOIL Sea Oil	6.1x	n/a	฿2.0b
VL V.L. Enterprise	47.5x	n/a	฿1.3b
PRM-R Prima Marine	9.2x	7.1%	฿21.1b

Price-To-Earnings vs Peers: PRM-R is good value based on its Price-To-Earnings Ratio (9.2x) compared to the peer average (18.4x).

Price to Earnings Ratio vs Industry

How does PRM-R's PE Ratio compare vs other companies in the TH Oil and Gas Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	-4.0%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	-4.0%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: PRM-R is expensive based on its Price-To-Earnings Ratio (9.2x) compared to the TH Oil and Gas industry average (8.4x).

Price to Earnings Ratio vs Fair Ratio

What is PRM-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.

PRM-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	9.2x
Fair PE Ratio	7.2x

Price-To-Earnings vs Fair Ratio: PRM-R is expensive based on its Price-To-Earnings Ratio (9.2x) compared to the estimated Fair Price-To-Earnings Ratio (7.2x).

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.