Charan Insurance Valuation

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

CHARAN-R (THB22.5) is trading above our estimate of [[fair value]] (THB4.89)

Is CHARAN-R 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-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: CHARAN-R (THB22.5) is trading above our estimate of fair value (THB4.89)

Significantly Below Fair Value: CHARAN-R is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CHARAN-R?

Key metric: As CHARAN-R is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for CHARAN-R. This is calculated by dividing CHARAN-R's market cap by their current revenue.
What is CHARAN-R's PS Ratio?
PS Ratio	0.9x
Sales	฿294.54m
Market Cap	฿270.00m

CHARAN-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	0.6x
Enterprise Value/EBITDA	-32.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does CHARAN-R's PS Ratio compare to its peers?

The above table shows the PS ratio for CHARAN-R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.4x
TSI Thai Setakij Insurance	0.2x	n/a	฿190.3m
BUI Bangkok Union Insurance	0.6x	n/a	฿660.0m
NKI Navakij Insurance	0.3x	n/a	฿942.4m
INSURE Indara Insurance	0.4x	n/a	฿948.0m
CHARAN-R Charan Insurance	0.9x	n/a	฿270.0m

Price-To-Sales vs Peers: CHARAN-R is expensive based on its Price-To-Sales Ratio (0.9x) compared to the peer average (0.4x).

Price to Sales Ratio vs Industry

How does CHARAN-R's PS Ratio compare vs other companies in the TH Insurance Industry?

1 Company	Price / Sales	Estimated Growth	Market Cap
SMK Syn Mun Kong Insurance	0.002x	n/a	US$404.11k

No more companies available in this PS range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: CHARAN-R is expensive based on its Price-To-Sales Ratio (0.9x) compared to the Asian Insurance industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is CHARAN-R's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CHARAN-R PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.9x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate CHARAN-R's Price-To-Sales 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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