Silicon Craft Technology Valuation

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

SICT (THB4.44) is trading above our estimate of [[fair value]] (THB4)

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

Below Fair Value: SICT (THB4.44) is trading above our estimate of fair value (THB4)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SICT. This is calculated by dividing SICT's market cap by their current earnings.
What is SICT's PE Ratio?
PE Ratio	19.5x
Earnings	฿109.35m
Market Cap	฿2.16b

SICT 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	3.3x
Enterprise Value/EBITDA	19.7x
PEG Ratio	1.5x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SICT 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	16.4x
CML CML Microsystems	29.3x	n/a	UK£38.2m
3633 Epoch Chemtronics	9.1x	n/a	NT$2.6b
A119830 ITEK	18.7x	n/a	₩105.6b
A077500 Uniquest	8.6x	n/a	₩109.1b
SICT Silicon Craft Technology	19.5x	13.0%	฿2.1b

Price-To-Earnings vs Peers: SICT is expensive based on its Price-To-Earnings Ratio (19.5x) compared to the peer average (16.5x).

Price to Earnings Ratio vs Industry

How does SICT's PE Ratio compare vs other companies in the Asian Semiconductor Industry?

9 Companies	Price / Earnings	Estimated Growth	Market Cap

9 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: SICT is good value based on its Price-To-Earnings Ratio (19.5x) compared to the Asian Semiconductor industry average (32.1x).

Price to Earnings Ratio vs Fair Ratio

What is SICT'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.

SICT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	19.5x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SICT'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?

The above table shows the analyst SICT forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	฿4.44	฿5.48 +23.3%	4.1%	฿5.70	฿5.25	n/a	2
Nov ’25	฿6.10	฿5.95 -2.5%	4.2%	฿6.20	฿5.70	n/a	2
Oct ’25	฿5.80	฿5.60 -3.4%	1.8%	฿5.70	฿5.50	n/a	2
Sep ’25	฿4.80	฿5.60 +16.7%	1.8%	฿5.70	฿5.50	n/a	2
Aug ’25	฿4.94	฿5.60 +13.4%	1.8%	฿5.70	฿5.50	n/a	2
Jul ’25	฿5.05	฿5.60 +10.9%	1.8%	฿5.70	฿5.50	n/a	2

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.