Pico (Thailand) Public Company Limited

SET:PICO-R Stock Report

Market Cap: ฿757.8m

Pico (Thailand) Valuation

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

Below Fair Value: PICO-R (THB3.52) is trading below our estimate of fair value (THB11.14)

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?

Other financial metrics that can be useful for relative valuation.

PICO-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/Revenue0.4x
Enterprise Value/EBITDA12.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PICO-R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14x
FE Far East Fame Line DDB
11.2xn/a฿1.4b
READY Readyplanet
19.2xn/a฿726.0m
GPI Grand Prix International
8.5xn/a฿984.0m
MCA Market Connections Asia
17.1xn/a฿434.7m
PICO-R Pico (Thailand)
22.8xn/a฿757.8m

Price-To-Earnings vs Peers: PICO-R is expensive based on its Price-To-Earnings Ratio (22.8x) compared to the peer average (14x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a22.9%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a22.9%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: PICO-R is expensive based on its Price-To-Earnings Ratio (22.8x) compared to the Asian Media industry average (16.9x).


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.

PICO-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.8x
Fair PE Ration/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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