Thai Central Chemical Public Company Limited

SET:TCCC-R Stock Report

Market Cap: ฿16.4b

Thai Central Chemical Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: TCCC-R (THB28) is trading above our estimate of fair value (THB17.47)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TCCC-R. This is calculated by dividing TCCC-R's market cap by their current earnings.
What is TCCC-R's PE Ratio?
PE Ratio22.3x
Earnings฿735.15m
Market Cap฿16.37b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TCCC-R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10x
NFC NFC
11.6xn/a฿1.9b
PATO Pato Chemical Industry
14.1xn/a฿1.2b
PMTA PM Thoresen Asia Holdings
5.4xn/a฿855.1m
BCT Birla Carbon (Thailand)
9.1xn/a฿20.6b
TCCC-R Thai Central Chemical
22.3xn/a฿16.4b

Price-To-Earnings vs Peers: TCCC-R is good value based on its Price-To-Earnings Ratio (22.3x) compared to the peer average (26.3x).

Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
TCCC-R 22.3xIndustry Avg. 13.1xNo. of Companies4PE0612182430+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TCCC-R is expensive based on its Price-To-Earnings Ratio (22.3x) compared to the TH Chemicals industry average (20.2x).

Price to Earnings Ratio vs Fair Ratio

What is TCCC-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.

TCCC-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.3x
Fair PE Ration/a

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