BG Container Glass Valuation

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

BGC-R (THB7.55) is trading below our estimate of [[fair value]] (THB95.33)

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

Below Fair Value: BGC-R (THB7.55) is trading below our estimate of fair value (THB95.33)

Significantly Below Fair Value: BGC-R is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for BGC-R. This is calculated by dividing BGC-R's market cap by their current earnings.
What is BGC-R's PE Ratio?
PE Ratio	16x
Earnings	฿327.95m
Market Cap	฿5.24b

BGC-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	1.1x
Enterprise Value/EBITDA	8x
PEG Ratio	1.8x

Price to Earnings Ratio vs Peers

How does BGC-R's PE Ratio compare to its peers?

The above table shows the PE ratio for BGC-R 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	9.4x
SMPC Sahamitr Pressure Container	9x	n/a	฿5.0b
SITHAI Srithai Superware	9.4x	n/a	฿3.5b
ALUCON Alucon	11.4x	n/a	฿7.3b
TPAC Thai Plaspac	7.9x	12.2%	฿3.5b
BGC-R BG Container Glass	16x	8.9%	฿5.2b

Price-To-Earnings vs Peers: BGC-R is expensive based on its Price-To-Earnings Ratio (16x) compared to the peer average (9.4x).

Price to Earnings Ratio vs Industry

How does BGC-R's PE Ratio compare vs other companies in the TH Packaging 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: BGC-R is expensive based on its Price-To-Earnings Ratio (16x) compared to the TH Packaging industry average (9.8x).

Price to Earnings Ratio vs Fair Ratio

What is BGC-R'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.

BGC-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	16x
Fair PE Ratio	9.9x

Price-To-Earnings vs Fair Ratio: BGC-R is expensive based on its Price-To-Earnings Ratio (16x) compared to the estimated Fair Price-To-Earnings Ratio (9.9x).

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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