TMT Steel Valuation

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

TMT-R (THB4.5) is trading above our estimate of [[fair value]] (THB0.85)

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

Below Fair Value: TMT-R (THB4.5) is trading above our estimate of fair value (THB0.85)

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

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for TMT-R. This is calculated by dividing TMT-R's market cap by their current preferred multiple.
What is TMT-R's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	฿3.92b

TMT-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	14.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TMT-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	33.1x
MCS M.C.S. Steel	10.3x	n/a	฿3.6b
INOX POSCO-Thainox	59.4x	n/a	฿4.8b
TSTH Tata Steel (Thailand)	46.8x	n/a	฿6.4b
LHK Lohakit Metal	16x	n/a	฿1.6b
TMT-R TMT Steel	18x	n/a	฿3.9b

Price-To-Earnings vs Peers: TMT-R is good value based on its Price-To-Earnings Ratio (18x) compared to the peer average (33.1x).

Price to Earnings Ratio vs Industry

How does TMT-R's PE Ratio compare vs other companies in the Asian Metals and Mining Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	23.6%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	23.6%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: TMT-R is good value based on its Price-To-Earnings Ratio (18x) compared to the Asian Metals and Mining industry average (20.6x).

Price to Earnings Ratio vs Fair Ratio

What is TMT-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.

TMT-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	18x
Fair PE Ratio	n/a

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