Patrangsit Healthcare Group Public Company Limited

SET:PHG Stock Report

Market Cap: ฿4.8b

Patrangsit Healthcare Group Valuation

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

Below Fair Value: PHG (THB15.8) is trading above our estimate of fair value (THB4.22)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PHG. This is calculated by dividing PHG's market cap by their current earnings.
What is PHG's PE Ratio?
PE Ratio16.1x
Earnings฿294.77m
Market Cap฿4.77b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PHG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.4x
M-CHAI Mahachai Hospital
24.3xn/a฿4.6b
NTV Nonthavej Hospital
12.9xn/a฿5.0b
EKH Ekachai Medical Care
15.8x2.1%฿5.0b
VIH Srivichaivejvivat
16.5x3.6%฿5.6b
PHG Patrangsit Healthcare Group
16.1x11.6%฿4.7b

Price-To-Earnings vs Peers: PHG is good value based on its Price-To-Earnings Ratio (16.1x) compared to the peer average (17.4x).

Price to Earnings Ratio vs Industry

How does PHG's PE Ratio compare vs other companies in the TH Healthcare Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
PHG 16.1xIndustry Avg. 22.0xNo. of Companies7PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PHG is good value based on its Price-To-Earnings Ratio (16.1x) compared to the TH Healthcare industry average (22x).

Price to Earnings Ratio vs Fair Ratio

What is PHG'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.

PHG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.1x
Fair PE Ratio20.1x

Price-To-Earnings vs Fair Ratio: PHG is good value based on its Price-To-Earnings Ratio (16.1x) compared to the estimated Fair Price-To-Earnings Ratio (20.1x).

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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