Panjawattana Plastic Public Company Limited

SET:PJW-R Stock Report

Market Cap: ฿1.6b

Panjawattana Plastic Valuation

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

Below Fair Value: PJW-R (THB2.5) is trading below our estimate of fair value (THB8.6)

Significantly Below Fair Value: PJW-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 PJW-R?

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

The above table shows the Price to Earnings ratio for PJW-R. This is calculated by dividing PJW-R's market cap by their current earnings.
What is PJW-R's PE Ratio?
PE Ratio13.4x
Earnings฿116.61m
Market Cap฿1.56b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PJW-R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average8x
TPBI TPBI
4.9xn/a฿1.7b
STP Sahathai Printing & Packaging
8.2xn/a฿1.2b
SFLEX Starflex
9.6x5.5%฿2.4b
TOPP Thai O.P.P
9.2xn/a฿1.0b
PJW-R Panjawattana Plastic
13.4x27.3%฿1.6b

Price-To-Earnings vs Peers: PJW-R is expensive based on its Price-To-Earnings Ratio (13.4x) compared to the peer average (8x).

Price to Earnings Ratio vs Industry

How does PJW-R's PE Ratio compare vs other companies in the TH Packaging Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
PJW-R 13.4xIndustry Avg. 9.4xNo. of Companies6PE0612182430+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PJW-R is expensive based on its Price-To-Earnings Ratio (13.4x) compared to the TH Packaging industry average (9.4x).

Price to Earnings Ratio vs Fair Ratio

What is PJW-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.

PJW-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.4x
Fair PE Ratio12.4x

Price-To-Earnings vs Fair Ratio: PJW-R is expensive based on its Price-To-Earnings Ratio (13.4x) compared to the estimated Fair Price-To-Earnings Ratio (12.4x).

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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