Varopakorn Valuation

Is VARO 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 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's fair value for valuation analysis.

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for VARO. This is calculated by dividing VARO's market cap by their current earnings.
What is VARO's PE Ratio?
PE Ratio	8.4x
Earnings	฿56.33m
Market Cap	฿475.53m

VARO 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's PE Ratio compare to its peers?

The above table shows the PE ratio for VARO 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	20.3x
SANKO Sanko Diecasting (Thailand)	5.7x	n/a	฿392.7m
RWI Rayong Wire Industries	23.1x	n/a	฿457.6m
TPP Thai Packaging & Printing	15.8x	n/a	฿461.3m
MBAX Multibax	36.5x	n/a	฿405.5m
VARO Varopakorn	8.4x	n/a	฿475.5m

Price-To-Earnings vs Peers: VARO is good value based on its Price-To-Earnings Ratio (8.4x) compared to the peer average (20.3x).

Price to Earnings Ratio vs Industry

How does VARO'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 is good value based on its Price-To-Earnings Ratio (8.4x) compared to the Asian Metals and Mining industry average (19.5x).

Price to Earnings Ratio vs Fair Ratio

What is VARO'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 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'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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