Thantawan Industry Valuation

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

Below Fair Value: THIP-R (THB28.75) is trading above our estimate of fair value (THB24.2)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for THIP-R. This is calculated by dividing THIP-R's market cap by their current earnings.
What is THIP-R's PE Ratio?
PE Ratio	8.6x
Earnings	฿301.33m
Market Cap	฿2.59b

THIP-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	0.5x
Enterprise Value/EBITDA	4.4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for THIP-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	9x
SFLEX Starflex	9.5x	5.5%	฿2.4b
TPBI TPBI	4.9x	n/a	฿1.7b
PJW Panjawattana Plastic	13.1x	27.1%	฿1.6b
UTP United Paper	8.4x	n/a	฿5.5b
THIP-R Thantawan Industry	8.6x	n/a	฿2.6b

Price-To-Earnings vs Peers: THIP-R is good value based on its Price-To-Earnings Ratio (8.6x) compared to the peer average (9.1x).

Price to Earnings Ratio vs Industry

How does THIP-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: THIP-R is good value based on its Price-To-Earnings Ratio (8.6x) compared to the TH Packaging industry average (9.4x).

Price to Earnings Ratio vs Fair Ratio

What is THIP-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.

THIP-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.6x
Fair PE Ratio	n/a

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