Tong Hua Holding Public Company Limited

SET:TH Stock Report

Market Cap: ฿698.8m

Tong Hua Holding Valuation

Is TH 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 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's fair value for valuation analysis.

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TH. This is calculated by dividing TH's market cap by their current earnings.
What is TH's PE Ratio?
PE Ratio5.4x
Earnings฿129.15m
Market Cap฿698.84m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.8x
ADD AddTech Hub
16.8xn/a฿732.8m
AMARIN Amarin Corporations
31.5xn/a฿3.6b
PICO Pico (Thailand)
23.2xn/a฿770.8m
READY Readyplanet
15.5xn/a฿612.0m
TH Tong Hua Holding
5.4xn/a฿698.8m

Price-To-Earnings vs Peers: TH 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's PE Ratio compare vs other companies in the Asian Media Industry?

12 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TH 5.4xIndustry Avg. 17.1xNo. of Companies54PE01632486480+
12 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TH 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'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 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.4x
Fair PE Ration/a

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