MBK Valuation

Q: What is the Fair Price of MBK-W4-R when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

MBK-W4-R (THB17.3) is trading below our estimate of [[fair value]] (THB17.54)

Is MBK-W4-R undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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 MBK-W4-R when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MBK-W4-R (THB17.3) is trading below our estimate of fair value (THB17.54)

Significantly Below Fair Value: MBK-W4-R is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MBK-W4-R?

Key metric: As MBK-W4-R is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MBK-W4-R. This is calculated by dividing MBK-W4-R's market cap by their current earnings.
What is MBK-W4-R's PE Ratio?
PE Ratio	11.3x
Earnings	฿2.42b
Market Cap	฿27.25b

MBK-W4-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	4.9x
Enterprise Value/EBITDA	13.5x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does MBK-W4-R's PE Ratio compare to its peers?

The above table shows the PE ratio for MBK-W4-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	15.8x
SPI Saha Pathana Inter-Holding	10.3x	n/a	฿37.6b
BLAND Bangkok Land	8.6x	n/a	฿10.6b
GLAND Grand Canal Land	23.4x	n/a	฿10.7b
PLAT Platinum Group	20.8x	n/a	฿6.8b
MBK-W4-R MBK	11.3x	n/a	฿27.3b

Price-To-Earnings vs Peers: MBK-W4-R is good value based on its Price-To-Earnings Ratio (11.3x) compared to the peer average (15.7x).

Price to Earnings Ratio vs Industry

How does MBK-W4-R's PE Ratio compare vs other companies in the TH Real Estate Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
WORLD World Corporation	1.8x	n/a	US$4.34m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: MBK-W4-R is good value based on its Price-To-Earnings Ratio (11.3x) compared to the TH Real Estate industry average (15x).

Price to Earnings Ratio vs Fair Ratio

What is MBK-W4-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.

MBK-W4-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	11.3x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MBK-W4-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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