Sansiri Valuation

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

Below Fair Value: SIRI-F (THB1.8) is trading above our estimate of fair value (THB1.72)

Significantly Below Fair Value: SIRI-F is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SIRI-F?

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

The above table shows the Price to Earnings ratio for SIRI-F. This is calculated by dividing SIRI-F's market cap by their current earnings.
What is SIRI-F's PE Ratio?
PE Ratio	6.3x
Earnings	฿5.01b
Market Cap	฿31.29b

SIRI-F 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	2.8x
Enterprise Value/EBITDA	19.2x
PEG Ratio	2.3x

Price to Earnings Ratio vs Peers

How does SIRI-F's PE Ratio compare to its peers?

The above table shows the PE ratio for SIRI-F 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	11.8x
AP AP (Thailand)	5.4x	7.2%	฿27.4b
FPT Frasers Property (Thailand)	20.2x	n/a	฿29.0b
AMATA Amata Corporation	15.7x	16.4%	฿33.6b
SPALI Supalai	5.9x	1.8%	฿36.7b
SIRI-F Sansiri	6.3x	2.7%	฿31.3b

Price-To-Earnings vs Peers: SIRI-F is good value based on its Price-To-Earnings Ratio (6.3x) compared to the peer average (12.1x).

Price to Earnings Ratio vs Industry

How does SIRI-F'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: SIRI-F is good value based on its Price-To-Earnings Ratio (6.3x) compared to the TH Real Estate industry average (15.3x).

Price to Earnings Ratio vs Fair Ratio

What is SIRI-F'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.

SIRI-F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	6.3x
Fair PE Ratio	n/a

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