TQR Valuation

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

TQR-F (THB5.1) is trading below our estimate of [[fair value]] (THB5.81)

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: TQR-F (THB5.1) is trading below our estimate of fair value (THB5.81)

Significantly Below Fair Value: TQR-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 TQR-F?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for TQR-F. This is calculated by dividing TQR-F's market cap by their current preferred multiple.
What is TQR-F's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	฿1.61b

TQR-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	4.7x
Enterprise Value/EBITDA	9x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TQR-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	12.1x
TQM TQM Alpha	19.7x	9.6%	฿16.7b
NKI Navakij Insurance	8.8x	n/a	฿946.2m
THRE Thai Reinsurance	10.4x	n/a	฿2.9b
TVH Thaivivat Holdings	9.7x	n/a	฿2.5b
TQR-F TQR	15.6x	n/a	฿1.6b

Price-To-Earnings vs Peers: TQR-F is expensive based on its Price-To-Earnings Ratio (15.6x) compared to the peer average (12.1x).

Price to Earnings Ratio vs Industry

How does TQR-F's PE Ratio compare vs other companies in the Asian Insurance Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	10.9%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	10.9%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: TQR-F is expensive based on its Price-To-Earnings Ratio (15.6x) compared to the Asian Insurance industry average (10.8x).

Price to Earnings Ratio vs Fair Ratio

What is TQR-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.

TQR-F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	15.6x
Fair PE Ratio	n/a

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