I2 Enterprise Valuation

Is I2-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 I2-R when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: I2-R (THB1.39) is trading above our estimate of fair value (THB1.33)

Significantly Below Fair Value: I2-R is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for I2-R?

Key metric: As I2-R is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for I2-R. This is calculated by dividing I2-R's market cap by their current earnings.
What is I2-R's PE Ratio?
PE Ratio	6.9x
Earnings	฿84.73m
Market Cap	฿588.00m

I2-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	0.8x
Enterprise Value/EBITDA	10.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does I2-R's PE Ratio compare to its peers?

The above table shows the PE ratio for I2-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	12.4x
VCOM Vintcom Technology	8.6x	n/a	฿755.2m
SRS Sirisoft	26.7x	46.8%	฿784.0m
ITNS International Network System	7.7x	n/a	฿309.3m
IRCP International Research Corporation	6.6x	n/a	฿318.0m
I2-R I2 Enterprise	6.9x	n/a	฿588.0m

Price-To-Earnings vs Peers: I2-R is good value based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (12.4x).

Price to Earnings Ratio vs Industry

How does I2-R's PE Ratio compare vs other companies in the Asian IT Industry?

12 Companies	Price / Earnings	Estimated Growth	Market Cap

12 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: I2-R is good value based on its Price-To-Earnings Ratio (6.9x) compared to the Asian IT industry average (24.1x).

Price to Earnings Ratio vs Fair Ratio

What is I2-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.

I2-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	6.9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate I2-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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