Richy Place 2002 Valuation

Is RICHY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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 RICHY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: RICHY (THB0.47) is trading above our estimate of fair value (THB0.24)

Significantly Below Fair Value: RICHY is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for RICHY. This is calculated by dividing RICHY's market cap by their current revenue.
What is RICHY's PS Ratio?
PS Ratio	1x
Sales	฿768.31m
Market Cap	฿765.31m

RICHY 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	6.2x
Enterprise Value/EBITDA	114.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for RICHY 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	0.7x
EVER Everland	0.3x	n/a	฿582.6m
MJD Major Development	0.4x	n/a	฿894.8m
KUN Villa Kunalai	1.5x	n/a	฿966.4m
NCH N.C. Housing	0.6x	n/a	฿909.1m
RICHY Richy Place 2002	1x	n/a	฿765.3m

Price-To-Sales vs Peers: RICHY is expensive based on its Price-To-Sales Ratio (1x) compared to the peer average (0.7x).

Price to Sales Ratio vs Industry

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

5 Companies	Price / Sales	Estimated Growth	Market Cap
UV Univentures	0.2x	n/a	US$87.91m
PF Property Perfect	0.2x	n/a	US$49.21m
CI Charn Issara Development	0.2x	n/a	US$15.43m
CHEWA Chewathai	0.2x	n/a	US$14.38m

5 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: RICHY is good value based on its Price-To-Sales Ratio (1x) compared to the TH Real Estate industry average (1.3x).

Price to Sales Ratio vs Fair Ratio

What is RICHY'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.

RICHY PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1x
Fair PS Ratio	n/a

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