Sri Trang Gloves (Thailand) Valuation

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

STGT-F (THB8.6) is trading above our estimate of [[fair value]] (THB2.88)

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: STGT-F (THB8.6) is trading above our estimate of fair value (THB2.88)

Significantly Below Fair Value: STGT-F is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for STGT-F. This is calculated by dividing STGT-F's market cap by their current earnings.
What is STGT-F's PE Ratio?
PE Ratio	57.3x
Earnings	฿530.34m
Market Cap	฿30.37b

STGT-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	1.5x
Enterprise Value/EBITDA	14.8x
PEG Ratio	1.6x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for STGT-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	21.5x
TOG Thai Optical Group	12.2x	n/a	฿4.8b
BCH Bangkok Chain Hospital	27.4x	13.5%	฿39.4b
CHG Chularat Hospital	25.3x	10.3%	฿28.6b
RAM Ramkhamhaeng Hospital	21.3x	16.2%	฿27.6b
STGT-F Sri Trang Gloves (Thailand)	57.3x	35.9%	฿30.4b

Price-To-Earnings vs Peers: STGT-F is expensive based on its Price-To-Earnings Ratio (57.3x) compared to the peer average (22.8x).

Price to Earnings Ratio vs Industry

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

3 Companies	Price / Earnings	Estimated Growth	Market Cap

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: STGT-F is expensive based on its Price-To-Earnings Ratio (57.3x) compared to the Asian Medical Equipment industry average (25.2x).

Price to Earnings Ratio vs Fair Ratio

What is STGT-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.

STGT-F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	57.3x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate STGT-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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