Varopakorn Valuation

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

Below Fair Value: Insufficient data to calculate VARO-R's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate VARO-R's fair value for valuation analysis.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for VARO-R. This is calculated by dividing VARO-R's market cap by their current earnings.
What is VARO-R's PE Ratio?
PE Ratio	8.4x
Earnings	฿56.33m
Market Cap	฿471.54m

VARO-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	7.4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for VARO-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	22x
SANKO Sanko Diecasting (Thailand)	5.7x	n/a	฿392.7m
RWI Rayong Wire Industries	24x	n/a	฿475.9m
TPP Thai Packaging & Printing	15.7x	n/a	฿457.5m
MBAX Multibax	42.6x	n/a	฿473.1m
VARO-R Varopakorn	8.4x	n/a	฿471.5m

Price-To-Earnings vs Peers: VARO-R is good value based on its Price-To-Earnings Ratio (8.4x) compared to the peer average (22x).

Price to Earnings Ratio vs Industry

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

27 Companies	Price / Earnings	Estimated Growth	Market Cap

27 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: VARO-R is good value based on its Price-To-Earnings Ratio (8.4x) compared to the Asian Metals and Mining industry average (19.4x).

Price to Earnings Ratio vs Fair Ratio

What is VARO-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.

VARO-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.4x
Fair PE Ratio	n/a

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