Phol Dhanya Valuation

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

PHOL-R (THB2.94) is trading above our estimate of [[fair value]] (THB0.34)

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

Below Fair Value: PHOL-R (THB2.94) is trading above our estimate of fair value (THB0.34)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PHOL-R. This is calculated by dividing PHOL-R's market cap by their current earnings.
What is PHOL-R's PE Ratio?
PE Ratio	8.7x
Earnings	฿68.26m
Market Cap	฿595.35m

PHOL-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	0.6x
Enterprise Value/EBITDA	7.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PHOL-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	36.9x
MOONG Moong Pattana International	21.1x	n/a	฿737.3m
OCC O.C.C	69.8x	n/a	฿540.0m
NC Newcity (Bangkok)	49x	n/a	฿442.5m
SCL S.C.L Motor Part	7.7x	n/a	฿310.0m
PHOL-R Phol Dhanya	8.7x	n/a	฿595.4m

Price-To-Earnings vs Peers: PHOL-R is good value based on its Price-To-Earnings Ratio (8.7x) compared to the peer average (36.9x).

Price to Earnings Ratio vs Industry

How does PHOL-R's PE Ratio compare vs other companies in the Asian Retail Distributors Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: PHOL-R is good value based on its Price-To-Earnings Ratio (8.7x) compared to the Asian Retail Distributors industry average (18.9x).

Price to Earnings Ratio vs Fair Ratio

What is PHOL-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.

PHOL-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.7x
Fair PE Ratio	n/a

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