Namwiwat Medical Corporation Public Company Limited

SET:NAM Stock Report

Market Cap: ฿3.2b

Namwiwat Medical Corporation Valuation

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

Below Fair Value: NAM (THB4.56) is trading above our estimate of fair value (THB1.1)

Significantly Below Fair Value: NAM is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for NAM?

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

The above table shows the Price to Earnings ratio for NAM. This is calculated by dividing NAM's market cap by their current earnings.
What is NAM's PE Ratio?
PE Ratio19.7x
Earnings฿162.00m
Market Cap฿3.19b

Price to Earnings Ratio vs Peers

How does NAM's PE Ratio compare to its peers?

The above table shows the PE ratio for NAM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.1x
TOG Thai Optical Group
12.2xn/a฿4.7b
TRP Aesthetic Connect
21.3x22.1%฿3.2b
LPH Ladprao General Hospital
45.8xn/a฿3.2b
RPH Ratchaphruek Hospital
17.3xn/a฿3.0b
NAM Namwiwat Medical Corporation
19.7x18.9%฿3.2b

Price-To-Earnings vs Peers: NAM is good value based on its Price-To-Earnings Ratio (19.7x) compared to the peer average (24.1x).


Price to Earnings Ratio vs Industry

How does NAM's PE Ratio compare vs other companies in the Asian Medical Equipment Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NAM 19.7xIndustry Avg. 26.5xNo. of Companies40PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NAM is good value based on its Price-To-Earnings Ratio (19.7x) compared to the Asian Medical Equipment industry average (26.5x).


Price to Earnings Ratio vs Fair Ratio

What is NAM'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.

NAM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.7x
Fair PE Ratio22.9x

Price-To-Earnings vs Fair Ratio: NAM is good value based on its Price-To-Earnings Ratio (19.7x) compared to the estimated Fair Price-To-Earnings Ratio (22.9x).


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.


Discover undervalued companies