Home Product Center Public Company Limited

SET:HMPRO Stock Report

Market Cap: ฿117.0b

Home Product Center Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: HMPRO (THB8.9) is trading above our estimate of fair value (THB3.21)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for HMPRO. This is calculated by dividing HMPRO's market cap by their current earnings.
What is HMPRO's PE Ratio?
PE Ratio18.1x
Earnings฿6.45b
Market Cap฿117.05b

Price to Earnings Ratio vs Peers

How does HMPRO's PE Ratio compare to its peers?

The above table shows the PE ratio for HMPRO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.8x
GLOBAL Siam Global House
32.5x15.2%฿78.5b
DOHOME Dohome
40.4x27.8%฿28.7b
OR PTT Oil and Retail Business
32.5x29.6%฿157.2b
COM7 Com7
21.7x12.6%฿64.2b
HMPRO Home Product Center
18.1x1.8%฿117.0b

Price-To-Earnings vs Peers: HMPRO is good value based on its Price-To-Earnings Ratio (18.1x) compared to the peer average (31.8x).

Price to Earnings Ratio vs Industry

How does HMPRO's PE Ratio compare vs other companies in the TH Specialty Retail Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
HMPRO 18.1xIndustry Avg. 20.2xNo. of Companies6PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HMPRO is good value based on its Price-To-Earnings Ratio (18.1x) compared to the TH Specialty Retail industry average (20.2x).

Price to Earnings Ratio vs Fair Ratio

What is HMPRO'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.

HMPRO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.1x
Fair PE Ratio20.8x

Price-To-Earnings vs Fair Ratio: HMPRO is good value based on its Price-To-Earnings Ratio (18.1x) compared to the estimated Fair Price-To-Earnings Ratio (20.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst HMPRO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current฿8.90
฿12.29
+38.1%
10.2%฿14.10฿9.80n/a20
Dec ’25฿9.45
฿12.39
+31.1%
10.7%฿14.30฿9.80n/a21
Nov ’25฿9.55
฿12.39
+29.7%
11.9%฿14.30฿8.80n/a21
Oct ’25฿10.70
฿12.69
+18.6%
10.4%฿15.00฿8.80n/a21
Sep ’25฿9.05
฿12.60
+39.2%
11.8%฿15.00฿8.80n/a20
Aug ’25฿8.95
฿13.14
+46.8%
10.3%฿16.00฿10.90n/a20
Jul ’25฿9.05
฿13.96
+54.3%
8.2%฿16.00฿12.00n/a20
Jun ’25฿9.30
฿14.14
+52.0%
9.0%฿16.90฿12.00n/a20
May ’25฿10.40
฿14.35
+38.0%
8.2%฿16.90฿12.00n/a20
Apr ’25฿10.60
฿14.55
+37.3%
8.7%฿16.90฿12.00n/a20
Mar ’25฿10.90
฿14.75
+35.3%
9.0%฿16.90฿12.00n/a20
Feb ’25฿10.40
฿14.73
+41.7%
9.3%฿16.90฿12.00n/a21
Jan ’25฿11.70
฿15.98
+36.6%
6.6%฿18.00฿14.40n/a20
Dec ’24฿11.80
฿16.24
+37.6%
7.1%฿18.50฿14.40฿9.4520
Nov ’24฿11.60
฿16.52
+42.4%
6.6%฿18.50฿14.40฿9.5518
Oct ’24฿12.50
฿16.64
+33.1%
6.3%฿18.50฿14.50฿10.7019
Sep ’24฿13.60
฿16.69
+22.7%
6.6%฿18.50฿14.50฿9.0519
Aug ’24฿14.20
฿16.71
+17.7%
7.0%฿18.50฿14.50฿8.9519
Jul ’24฿14.00
฿16.84
+20.3%
7.2%฿18.80฿14.50฿9.0519
Jun ’24฿13.90
฿16.84
+21.2%
7.2%฿18.80฿14.50฿9.3019
May ’24฿14.00
฿16.90
+20.7%
7.3%฿18.80฿14.50฿10.4019
Apr ’24฿14.40
฿17.04
+18.3%
7.4%฿18.80฿14.50฿10.6019
Mar ’24฿13.70
฿17.40
+27.0%
6.7%฿18.80฿14.70฿10.9019
Feb ’24฿14.70
฿17.28
+17.6%
7.0%฿18.80฿14.70฿10.4019
Jan ’24฿15.50
฿17.02
+9.8%
7.1%฿18.80฿14.70฿11.7019
Dec ’23฿15.00
฿17.09
+13.9%
7.1%฿18.80฿14.70฿11.8020

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 22:09
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Home Product Center Public Company Limited is covered by 47 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Piyathida SonthisombatAsia Plus Securities Company Limited
Chutima WoramontriBNP Paribas Securities (Asia)
Sirichai ChalokepunratBofA Global Research