Matching Maximize Solution Valuation

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

MATCH-R (THB1.37) is trading below our estimate of [[fair value]] (THB2.16)

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: MATCH-R (THB1.37) is trading below our estimate of fair value (THB2.16)

Significantly Below Fair Value: MATCH-R is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MATCH-R. This is calculated by dividing MATCH-R's market cap by their current earnings.
What is MATCH-R's PE Ratio?
PE Ratio	27.8x
Earnings	฿38.47m
Market Cap	฿1.07b

MATCH-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	2.3x
Enterprise Value/EBITDA	10.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MATCH-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	47.3x
CEYE Chamni's Eye	35.3x	n/a	฿846.7m
DV8 DV8	75.1x	n/a	฿673.2m
MGI Miss Grand International	16.8x	n/a	฿2.2b
TVT TV Thunder	61.8x	n/a	฿320.0m
MATCH-R Matching Maximize Solution	27.8x	n/a	฿1.1b

Price-To-Earnings vs Peers: MATCH-R is good value based on its Price-To-Earnings Ratio (27.8x) compared to the peer average (47.3x).

Price to Earnings Ratio vs Industry

How does MATCH-R's PE Ratio compare vs other companies in the Asian Entertainment Industry?

9 Companies	Price / Earnings	Estimated Growth	Market Cap

9 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: MATCH-R is good value based on its Price-To-Earnings Ratio (27.8x) compared to the Asian Entertainment industry average (29x).

Price to Earnings Ratio vs Fair Ratio

What is MATCH-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.

MATCH-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	27.8x
Fair PE Ratio	n/a

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