PM Thoresen Asia Holdings Valuation

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

PMTA-R (THB8.45) is trading above our estimate of [[fair value]] (THB6.06)

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

Below Fair Value: PMTA-R (THB8.45) is trading above our estimate of fair value (THB6.06)

Significantly Below Fair Value: PMTA-R is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PMTA-R. This is calculated by dividing PMTA-R's market cap by their current earnings.
What is PMTA-R's PE Ratio?
PE Ratio	5.4x
Earnings	฿158.77m
Market Cap	฿855.14m

PMTA-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	0.2x
Enterprise Value/EBITDA	2.9x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PMTA-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	15.1x
PATO Pato Chemical Industry	14.3x	n/a	฿1.2b
NFC NFC	11.5x	n/a	฿1.8b
TCCC Thai Central Chemical	22.3x	n/a	฿16.4b
SUTHA Golden Lime	12.4x	n/a	฿1.0b
PMTA-R PM Thoresen Asia Holdings	5.4x	n/a	฿855.1m

Price-To-Earnings vs Peers: PMTA-R is good value based on its Price-To-Earnings Ratio (5.4x) compared to the peer average (12.8x).

Price to Earnings Ratio vs Industry

How does PMTA-R's PE Ratio compare vs other companies in the TH Chemicals 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: PMTA-R is good value based on its Price-To-Earnings Ratio (5.4x) compared to the TH Chemicals industry average (13.1x).

Price to Earnings Ratio vs Fair Ratio

What is PMTA-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.

PMTA-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	5.4x
Fair PE Ratio	n/a

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

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