ONE Enterprise Valuation

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

ONEE-R (THB3.66) is trading below our estimate of [[fair value]] (THB6.63)

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

Valuation Score

5/6

Valuation Score 5/6

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

Below Fair Value: ONEE-R (THB3.66) is trading below our estimate of fair value (THB6.63)

Significantly Below Fair Value: ONEE-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 ONEE-R?

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

The above table shows the Price to Earnings ratio for ONEE-R. This is calculated by dividing ONEE-R's market cap by their current earnings.
What is ONEE-R's PE Ratio?
PE Ratio	17.6x
Earnings	฿494.16m
Market Cap	฿8.72b

ONEE-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	1x
Enterprise Value/EBITDA	8x
PEG Ratio	2.9x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ONEE-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	26.5x
GRAMMY GMM Grammy	61.8x	n/a	฿6.7b
RS RS	12.6x	-68.3%	฿13.0b
MAJOR Major Cineplex Group	15.4x	15.0%	฿11.7b
MGI Miss Grand International	16.4x	n/a	฿2.1b
ONEE-R ONE Enterprise	17.6x	6.1%	฿8.7b

Price-To-Earnings vs Peers: ONEE-R is good value based on its Price-To-Earnings Ratio (17.6x) compared to the peer average (26.5x).

Price to Earnings Ratio vs Industry

How does ONEE-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: ONEE-R is good value based on its Price-To-Earnings Ratio (17.6x) compared to the Asian Entertainment industry average (27.4x).

Price to Earnings Ratio vs Fair Ratio

What is ONEE-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.

ONEE-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	17.6x
Fair PE Ratio	23.5x

Price-To-Earnings vs Fair Ratio: ONEE-R is good value based on its Price-To-Earnings Ratio (17.6x) compared to the estimated Fair Price-To-Earnings Ratio (23.5x).

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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