Simat Technologies Valuation

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

Below Fair Value: SIMAT (THB2.36) is trading below our estimate of fair value (THB3.16)

Significantly Below Fair Value: SIMAT is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SIMAT. This is calculated by dividing SIMAT's market cap by their current earnings.
What is SIMAT's PE Ratio?
PE Ratio	28.4x
Earnings	฿53.93m
Market Cap	฿1.53b

SIMAT 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	2.3x
Enterprise Value/EBITDA	9.4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SIMAT 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	12.1x
SECURE nForce Secure	13.1x	17.4%	฿1.3b
MSC Metro Systems Corporation	13.1x	n/a	฿2.8b
ILINK Interlink Communication	5.6x	-2.9%	฿3.1b
APP Applicad	16.7x	n/a	฿484.4m
SIMAT Simat Technologies	28.4x	n/a	฿1.5b

Price-To-Earnings vs Peers: SIMAT is expensive based on its Price-To-Earnings Ratio (28.4x) compared to the peer average (12.1x).

Price to Earnings Ratio vs Industry

How does SIMAT's PE Ratio compare vs other companies in the Asian Electronic Industry?

36 Companies	Price / Earnings	Estimated Growth	Market Cap

36 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: SIMAT is expensive based on its Price-To-Earnings Ratio (28.4x) compared to the Asian Electronic industry average (24.2x).

Price to Earnings Ratio vs Fair Ratio

What is SIMAT'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.

SIMAT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	28.4x
Fair PE Ratio	n/a

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