Charn Issara Development Valuation

Is CI 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-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

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

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

Key Valuation Metric

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

Key metric: As CI is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for CI. This is calculated by dividing CI's market cap by their current revenue.
What is CI's PS Ratio?
PS Ratio	0.2x
Sales	฿2.40b
Market Cap	฿533.43m

CI 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	3.5x
Enterprise Value/EBITDA	87.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does CI's PS Ratio compare to its peers?

The above table shows the PS ratio for CI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	1.6x
SAMCO Sammakorn	0.3x	n/a	฿609.7m
SVR Sivarom Real Estate	0.7x	n/a	฿612.0m
CHEWA Chewathai	0.2x	n/a	฿497.3m
KC K.C. Property	5.1x	n/a	฿409.3m
CI Charn Issara Development	0.2x	n/a	฿533.4m

Price-To-Sales vs Peers: CI is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (1.6x).

Price to Sales Ratio vs Industry

How does CI's PS Ratio compare vs other companies in the TH Real Estate Industry?

5 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	1.3x	4.7%
CI Charn Issara Development	0.2x	n/a	US$15.43m
UV Univentures	0.2x	n/a	US$87.91m
PF Property Perfect	0.2x	n/a	US$49.21m

5 Companies		Estimated Growth	Market Cap
Industry Avg.	1.3x	6.8%
CI Charn Issara Development	0.2x	n/a	US$15.43m

No more companies

Price-To-Sales vs Industry: CI is good value based on its Price-To-Sales Ratio (0.2x) compared to the TH Real Estate industry average (1.3x).

Price to Sales Ratio vs Fair Ratio

What is CI's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CI PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.2x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate CI's Price-To-Sales 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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