CSP Steel Center Valuation

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

Below Fair Value: Insufficient data to calculate CSP-R's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate CSP-R's fair value for valuation analysis.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for CSP-R. This is calculated by dividing CSP-R's market cap by their current revenue.
What is CSP-R's PS Ratio?
PS Ratio	0.1x
Sales	฿2.36b
Market Cap	฿272.89m

CSP-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	-377.7x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for CSP-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	0.5x
KCM K.C. Metalsheet	0.5x	n/a	฿197.2m
RWI Rayong Wire Industries	0.8x	n/a	฿457.6m
TGPRO Thai-German Products	0.3x	n/a	฿471.9m
MILL Millcon Steel	0.09x	n/a	฿611.0m
CSP-R CSP Steel Center	0.1x	n/a	฿272.9m

Price-To-Sales vs Peers: CSP-R is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.5x).

Price to Sales Ratio vs Industry

How does CSP-R's PS Ratio compare vs other companies in the TH Metals and Mining Industry?

2 Companies	Price / Sales	Estimated Growth	Market Cap
MILL Millcon Steel	0.09x	n/a	US$17.62m
SAM Samchai Steel Industries	0.04x	n/a	US$6.93m

No more companies available in this PS range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: CSP-R is good value based on its Price-To-Sales Ratio (0.1x) compared to the TH Metals and Mining industry average (0.3x).

Price to Sales Ratio vs Fair Ratio

What is CSP-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.

CSP-R PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.1x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate CSP-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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