Ramkhamhaeng Hospital Valuation

Is RAM-F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: RAM-F (THB0.23) is trading below our estimate of fair value (THB0.26)

Significantly Below Fair Value: RAM-F is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RAM-F?

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

The above table shows the Price to Earnings ratio for RAM-F. This is calculated by dividing RAM-F's market cap by their current earnings.
What is RAM-F's PE Ratio?
PE Ratio	21.6x
Earnings	฿1.29b
Market Cap	฿27.96b

RAM-F 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	4.9x
Enterprise Value/EBITDA	27.2x
PEG Ratio	1.3x

Price to Earnings Ratio vs Peers

How does RAM-F's PE Ratio compare to its peers?

The above table shows the PE ratio for RAM-F 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	25.6x
CHG Chularat Hospital	24.7x	9.5%	฿28.4b
VIBHA Vibhavadi Medical Center	26.6x	11.8%	฿27.2b
SKR Sikarin	22.9x	n/a	฿19.3b
BCH Bangkok Chain Hospital	28x	13.1%	฿41.4b
RAM-F Ramkhamhaeng Hospital	21.6x	16.2%	฿28.0b

Price-To-Earnings vs Peers: RAM-F is good value based on its Price-To-Earnings Ratio (21.6x) compared to the peer average (25.6x).

Price to Earnings Ratio vs Industry

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

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: RAM-F is expensive based on its Price-To-Earnings Ratio (21.6x) compared to the TH Healthcare industry average (21.5x).

Price to Earnings Ratio vs Fair Ratio

What is RAM-F'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.

RAM-F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	21.6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate RAM-F's Price-To-Earnings 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.

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