Kiang Huat Sea Gull Trading Frozen Food Valuation

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

CHOTI-R (THB70) is trading below our estimate of [[fair value]] (THB1953.84)

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

Below Fair Value: CHOTI-R (THB70) is trading below our estimate of fair value (THB1953.84)

Significantly Below Fair Value: CHOTI-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 CHOTI-R?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for CHOTI-R. This is calculated by dividing CHOTI-R's market cap by their current preferred multiple.
What is CHOTI-R's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	฿525.00m

CHOTI-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	0.7x
Enterprise Value/EBITDA	25x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for CHOTI-R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	1.1x
GLOCON Global Consumer	0.3x	n/a	฿625.3m
CFARM Chuwit Farm (2019)	2.8x	7.5%	฿690.2m
F&D Food and Drinks	0.9x	n/a	฿753.4m
APO Asian Palm Oil	0.5x	n/a	฿782.0m
CHOTI-R Kiang Huat Sea Gull Trading Frozen Food	0.2x	n/a	฿525.0m

Price-To-Sales vs Peers: CHOTI-R is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (1.1x).

Price to Earnings Ratio vs Industry

How does CHOTI-R's PE Ratio compare vs other companies in the TH Food Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	21.8%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	21.8%
	n/a	n/a	n/a

No more companies

Price-To-Sales vs Industry: CHOTI-R is good value based on its Price-To-Sales Ratio (0.2x) compared to the TH Food industry average (0.8x).

Price to Sales Ratio vs Fair Ratio

What is CHOTI-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.

CHOTI-R PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.2x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate CHOTI-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.