Beryl 8 Plus Valuation

Q: What is the Fair Price of BE8-R when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

BE8-R (THB13.3) is trading above our estimate of [[fair value]] (THB11.56)

Is BE8-R 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 BE8-R when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BE8-R (THB13.3) is trading above our estimate of fair value (THB11.56)

Significantly Below Fair Value: BE8-R is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BE8-R?

Key metric: As BE8-R is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BE8-R. This is calculated by dividing BE8-R's market cap by their current earnings.
What is BE8-R's PE Ratio?
PE Ratio	22.3x
Earnings	฿157.87m
Market Cap	฿3.52b

BE8-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	1.5x
Enterprise Value/EBITDA	13.2x
PEG Ratio	0.7x

Price to Earnings Ratio vs Peers

How does BE8-R's PE Ratio compare to its peers?

The above table shows the PE ratio for BE8-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	16.2x
BBIK Bluebik Group	31.2x	22.0%	฿8.6b
PT Premier Technology	9.3x	n/a	฿2.8b
MFEC MFEC	14x	n/a	฿2.7b
GABLE G-Able	10.4x	15.2%	฿2.3b
BE8-R Beryl 8 Plus	22.3x	30.5%	฿3.5b

Price-To-Earnings vs Peers: BE8-R is expensive based on its Price-To-Earnings Ratio (22.3x) compared to the peer average (16.2x).

Price to Earnings Ratio vs Industry

How does BE8-R's PE Ratio compare vs other companies in the Asian IT Industry?

13 Companies	Price / Earnings	Estimated Growth	Market Cap

13 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: BE8-R is good value based on its Price-To-Earnings Ratio (22.3x) compared to the Asian IT industry average (24.1x).

Price to Earnings Ratio vs Fair Ratio

What is BE8-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.

BE8-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	22.3x
Fair PE Ratio	18.6x

Price-To-Earnings vs Fair Ratio: BE8-R is expensive based on its Price-To-Earnings Ratio (22.3x) compared to the estimated Fair Price-To-Earnings Ratio (18.6x).

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.

Discover undervalued companies

Comanche International

฿72.4m

Provides computer software solution and other services for hotels and serviced apartments in Thailand and Internationally.

COMAN

฿0.54

-22.9%

-85.9%

Comanche International

฿72.4m

Provides computer software solution and other services for hotels and serviced apartments in Thailand and Internationally.

COMAN-R

฿0.54

-22.9%

-85.9%

Netbay

฿3.1b

Primarily engages in the provision of Software-as-a-Service for online electronic transactions between business-to-government, business-to-business, and business-to-consumer groups.

NETBAY

฿15.60

-3.7%

-16.1%