Polyplex (Thailand) Valuation

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

PTL-R (THB12.7) is trading above our estimate of [[fair value]] (THB7.26)

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: PTL-R (THB12.7) is trading above our estimate of fair value (THB7.26)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PTL-R. This is calculated by dividing PTL-R's market cap by their current earnings.
What is PTL-R's PE Ratio?
PE Ratio	9.5x
Earnings	฿1.20b
Market Cap	฿11.43b

PTL-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	5.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PTL-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	7.8x
UTP United Paper	8x	n/a	฿5.3b
SFLEX Starflex	9.6x	5.5%	฿2.4b
THIP Thantawan Industry	8.6x	n/a	฿2.6b
TPBI TPBI	5x	n/a	฿1.7b
PTL-R Polyplex (Thailand)	9.5x	n/a	฿11.4b

Price-To-Earnings vs Peers: PTL-R is expensive based on its Price-To-Earnings Ratio (9.5x) compared to the peer average (7.8x).

Price to Earnings Ratio vs Industry

How does PTL-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: PTL-R is expensive based on its Price-To-Earnings Ratio (9.5x) compared to the TH Packaging industry average (9.3x).

Price to Earnings Ratio vs Fair Ratio

What is PTL-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.

PTL-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	9.5x
Fair PE Ratio	n/a

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

Discover undervalued companies

Thai Eastern Group Holdings

฿3.6b

Engages in the rubber, palm oil, renewable energy and organic waste management, and logistics businesses in Thailand and internationally.

TEGH-R

฿3.44

6.8%

42.1%

Thai Eastern Group Holdings

฿3.6b

Engages in the rubber, palm oil, renewable energy and organic waste management, and logistics businesses in Thailand and internationally.

TEGH

฿3.44

6.8%

42.1%

PTT Global Chemical

฿112.7b

Operates as a chemical company in Thailand and internationally.

PTTGC-R

฿25.00

-2.9%

-35.1%