Pico (Thailand) Valuation
Is PICO-R undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation 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 PICO-R when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PICO-R (THB3.58) is trading below our estimate of fair value (THB11.08)
Significantly Below Fair Value: PICO-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 PICO-R?
Key metric: As PICO-R is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is PICO-R's PE Ratio? | |
|---|---|
| PE Ratio | 23.2x |
| Earnings | ฿33.29m |
| Market Cap | ฿770.75m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.4x |
| Enterprise Value/EBITDA | 13.2x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does PICO-R's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 12.5x | ||
READY Readyplanet | 15.5x | n/a | ฿612.0m |
GPI Grand Prix International | 8.6x | n/a | ฿972.0m |
FE Far East Fame Line DDB | 10.7x | n/a | ฿1.5b |
MCA Market Connections Asia | 15x | n/a | ฿342.7m |
PICO-R Pico (Thailand) | 23.2x | n/a | ฿770.8m |
Price-To-Earnings vs Peers: PICO-R is expensive based on its Price-To-Earnings Ratio (23.2x) compared to the peer average (12.5x).
Price to Earnings Ratio vs Industry
How does PICO-R's PE Ratio compare vs other companies in the Asian Media Industry?
| 12 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 12 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: PICO-R is expensive based on its Price-To-Earnings Ratio (23.2x) compared to the Asian Media industry average (17.1x).
Price to Earnings Ratio vs Fair Ratio
What is PICO-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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 23.2x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PICO-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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