Sammakorn Valuation

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

SAMCO-R (THB0.93) is trading above our estimate of [[fair value]] (THB0.32)

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

Below Fair Value: SAMCO-R (THB0.93) is trading above our estimate of fair value (THB0.32)

Significantly Below Fair Value: SAMCO-R is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for SAMCO-R. This is calculated by dividing SAMCO-R's market cap by their current revenue.
What is SAMCO-R's PS Ratio?
PS Ratio	0.3x
Sales	฿1.80b
Market Cap	฿596.87m

SAMCO-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	1.7x
Enterprise Value/EBITDA	27x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does SAMCO-R's PS Ratio compare to its peers?

The above table shows the PS ratio for SAMCO-R 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	0.4x
SVR Sivarom Real Estate	0.6x	n/a	฿535.5m
CI Charn Issara Development	0.2x	n/a	฿533.4m
CHEWA Chewathai	0.2x	n/a	฿484.5m
CMC Chaoprayamahanakorn	0.7x	n/a	฿1.1b
SAMCO-R Sammakorn	0.3x	n/a	฿596.9m

Price-To-Sales vs Peers: SAMCO-R is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (0.4x).

Price to Sales Ratio vs Industry

How does SAMCO-R'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$87.32m
PF Property Perfect	0.2x	n/a	US$49.19m
CI Charn Issara Development	0.2x	n/a	US$15.42m
CHEWA Chewathai	0.2x	n/a	US$14.00m

5 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: SAMCO-R is good value based on its Price-To-Sales Ratio (0.3x) compared to the TH Real Estate industry average (1.3x).

Price to Sales Ratio vs Fair Ratio

What is SAMCO-R'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.

SAMCO-R PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.3x
Fair PS Ratio	n/a

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