Stars Microelectronics (Thailand) Valuation

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

SMT (THB1.89) is trading above our estimate of [[fair value]] (THB1.76)

Is SMT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: SMT (THB1.89) is trading above our estimate of fair value (THB1.76)

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

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for SMT. This is calculated by dividing SMT's market cap by their current preferred multiple.
What is SMT's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	฿1.57b

SMT 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	0.7x
Enterprise Value/EBITDA	6.9x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SMT 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	20.4x
TEAM Team Precision	9.2x	n/a	฿2.5b
FORTH Forth Corporation	37x	45.9%	฿12.3b
SVI SVI	11.5x	3.6%	฿16.0b
HANA Hana Microelectronics	24x	19.6%	฿37.2b
SMT Stars Microelectronics (Thailand)	37.5x	n/a	฿1.6b

Price-To-Earnings vs Peers: SMT is expensive based on its Price-To-Earnings Ratio (37.5x) compared to the peer average (20.4x).

Price to Earnings Ratio vs Industry

How does SMT's PE Ratio compare vs other companies in the TH Electronic Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	13.9%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	13.9%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: SMT is expensive based on its Price-To-Earnings Ratio (37.5x) compared to the TH Electronic industry average (20.8x).

Price to Earnings Ratio vs Fair Ratio

What is SMT'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.

SMT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	37.5x
Fair PE Ratio	n/a

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