Union Plastic Public Company Limited

SET:UP-R Stock Report

Market Cap: ฿427.5m

Union Plastic Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: UP-R (THB17.1) is trading below our estimate of fair value (THB18.43)

Significantly Below Fair Value: UP-R is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for UP-R. This is calculated by dividing UP-R's market cap by their current earnings.
What is UP-R's PE Ratio?
PE Ratio7.4x
Earnings฿58.00m
Market Cap฿427.50m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for UP-R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average44.8x
MBAX Multibax
42.6xn/a฿473.1m
EASON Eason & Co
8.4xn/a฿634.8m
SALEE Salee Industry
115.6xn/a฿623.4m
SUTHA Golden Lime
12.4xn/a฿1.0b
UP-R Union Plastic
7.4xn/a฿427.5m

Price-To-Earnings vs Peers: UP-R is good value based on its Price-To-Earnings Ratio (7.4x) compared to the peer average (44.8x).

Price to Earnings Ratio vs Industry

How does UP-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
UP-R 7.4xIndustry Avg. 13.3xNo. of Companies4PE0612182430+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: UP-R is good value based on its Price-To-Earnings Ratio (7.4x) compared to the TH Chemicals industry average (13.3x).

Price to Earnings Ratio vs Fair Ratio

What is UP-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.

UP-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.4x
Fair PE Ration/a

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