Tong Hua Holding Valuation

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

Below Fair Value: Insufficient data to calculate TH-R's fair value for valuation analysis.

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TH-R. This is calculated by dividing TH-R's market cap by their current earnings.
What is TH-R's PE Ratio?
PE Ratio	5.4x
Earnings	฿129.15m
Market Cap	฿698.84m

TH-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	0.4x
Enterprise Value/EBITDA	1.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TH-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	21.8x
ADD AddTech Hub	16.8x	n/a	฿732.8m
AMARIN Amarin Corporations	31.5x	n/a	฿3.6b
PICO Pico (Thailand)	23.2x	n/a	฿770.8m
READY Readyplanet	15.5x	n/a	฿612.0m
TH-R Tong Hua Holding	5.4x	n/a	฿698.8m

Price-To-Earnings vs Peers: TH-R is good value based on its Price-To-Earnings Ratio (5.4x) compared to the peer average (21.8x).

Price to Earnings Ratio vs Industry

How does TH-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

No more companies

Price-To-Earnings vs Industry: TH-R is good value based on its Price-To-Earnings Ratio (5.4x) compared to the Asian Media industry average (17.1x).

Price to Earnings Ratio vs Fair Ratio

What is TH-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.

TH-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	5.4x
Fair PE Ratio	n/a

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

Discover undervalued companies

Major Cineplex Group

฿11.4b

Operates as a lifestyle entertainment company primarily in Thailand.

MAJOR

฿14.50

-0.7%

-5.8%

ONE Enterprise

฿9.0b

Engages in media and entertainment businesses in Thailand.

ONEE-R

฿3.78

3.3%

-1.0%

Baidu

US$28.2b

Provides online marketing and cloud services through an internet platform in the People’s Republic of China.

BIDU80

US$3.54

-3.8%

-35.0%