Ichitan Group Valuation

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

ICHI-R (THB15.7) is trading below our estimate of [[fair value]] (THB29.51)

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

Below Fair Value: ICHI-R (THB15.7) is trading below our estimate of fair value (THB29.51)

Significantly Below Fair Value: ICHI-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 ICHI-R?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for ICHI-R. This is calculated by dividing ICHI-R's market cap by their current preferred multiple.
What is ICHI-R's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	฿20.41b

ICHI-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	2.5x
Enterprise Value/EBITDA	8.7x
PEG Ratio	2.1x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ICHI-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	14.1x
SAPPE Sappe	16.3x	10.6%	฿20.3b
TKN Taokaenoi Food & Marketing	16.7x	2.9%	฿15.7b
TVO Thai Vegetable Oil	15.4x	9.9%	฿21.9b
GFPT GFPT	8.2x	3.3%	฿14.7b
ICHI-R Ichitan Group	14.9x	7.2%	฿20.4b

Price-To-Earnings vs Peers: ICHI-R is expensive based on its Price-To-Earnings Ratio (14.9x) compared to the peer average (14.1x).

Price to Earnings Ratio vs Industry

How does ICHI-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	22.0%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	22.0%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: ICHI-R is good value based on its Price-To-Earnings Ratio (14.9x) compared to the TH Food industry average (14.9x).

Price to Earnings Ratio vs Fair Ratio

What is ICHI-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.

ICHI-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	14.9x
Fair PE Ratio	15.7x

Price-To-Earnings vs Fair Ratio: ICHI-R is good value based on its Price-To-Earnings Ratio (14.9x) compared to the estimated Fair Price-To-Earnings Ratio (15.7x).

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.