M.C.S. Steel Valuation

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

MCS-R (THB7.5) is trading below our estimate of [[fair value]] (THB73.16)

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: MCS-R (THB7.5) is trading below our estimate of fair value (THB73.16)

Significantly Below Fair Value: MCS-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 MCS-R?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for MCS-R. This is calculated by dividing MCS-R's market cap by their current preferred multiple.
What is MCS-R's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	฿3.58b

MCS-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	0.7x
Enterprise Value/EBITDA	5.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MCS-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	35x
TMT TMT Steel	18.8x	n/a	฿4.1b
INOX POSCO-Thainox	58.4x	n/a	฿4.7b
TSTH Tata Steel (Thailand)	47.5x	n/a	฿6.5b
LHK Lohakit Metal	15.5x	n/a	฿1.5b
MCS-R M.C.S. Steel	10.1x	n/a	฿3.6b

Price-To-Earnings vs Peers: MCS-R is good value based on its Price-To-Earnings Ratio (10.1x) compared to the peer average (35x).

Price to Earnings Ratio vs Industry

How does MCS-R's PE Ratio compare vs other companies in the Asian Metals and Mining Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	23.9%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	23.9%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: MCS-R is good value based on its Price-To-Earnings Ratio (10.1x) compared to the Asian Metals and Mining industry average (20.9x).

Price to Earnings Ratio vs Fair Ratio

What is MCS-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.

MCS-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	10.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MCS-R'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.