Stone One Valuation

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

STX-R (THB1.48) is trading below our estimate of [[fair value]] (THB2.67)

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

Below Fair Value: STX-R (THB1.48) is trading below our estimate of fair value (THB2.67)

Significantly Below Fair Value: STX-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 STX-R?

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

The above table shows the Price to Earnings ratio for STX-R. This is calculated by dividing STX-R's market cap by their current earnings.
What is STX-R's PE Ratio?
PE Ratio	9.1x
Earnings	฿49.97m
Market Cap	฿448.42m

STX-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	0.4x
Enterprise Value/EBITDA	2.6x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for STX-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	12.3x
CPANEL CPanel	28.5x	n/a	฿636.4m
SK Sirakorn	6.9x	n/a	฿294.4m
STECH Siam Technic Concrete	6.1x	n/a	฿797.5m
SMART Smart Concrete	7.7x	n/a	฿802.0m
STX-R Stone One	9.1x	n/a	฿454.6m

Price-To-Earnings vs Peers: STX-R is good value based on its Price-To-Earnings Ratio (9.1x) compared to the peer average (12.3x).

Price to Earnings Ratio vs Industry

How does STX-R's PE Ratio compare vs other companies in the Asian Basic Materials Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: STX-R is good value based on its Price-To-Earnings Ratio (9.1x) compared to the Asian Basic Materials industry average (17.3x).

Price to Earnings Ratio vs Fair Ratio

What is STX-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.

STX-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	9.1x
Fair PE Ratio	n/a

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