Venture Corporation Limited

SET:VENTURE19 Stock Report

Market Cap: ฿95.0b

Venture Valuation

Is VENTURE19 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 VENTURE19 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: VENTURE19 (THB3.3) is trading below our estimate of fair value (THB4.17)

Significantly Below Fair Value: VENTURE19 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for VENTURE19?

Key metric: As VENTURE19 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for VENTURE19. This is calculated by dividing VENTURE19's market cap by their current earnings.
What is VENTURE19's PE Ratio?
PE Ratio14.7x
EarningsS$253.67m
Market CapS$3.72b

Price to Earnings Ratio vs Peers

How does VENTURE19's PE Ratio compare to its peers?

The above table shows the PE ratio for VENTURE19 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.9x
CCET Cal-Comp Electronics (Thailand)
41.5xn/a฿88.8b
HANA Hana Microelectronics
19.8x21.6%฿24.6b
SVI SVI
11.8x5.1%฿14.9b
FORTH Forth Corporation
46.6x54.4%฿10.3b
VENTURE19 Venture
14.7x6.8%฿3.7b

Price-To-Earnings vs Peers: VENTURE19 is good value based on its Price-To-Earnings Ratio (14.7x) compared to the peer average (29.9x).

Price to Earnings Ratio vs Industry

How does VENTURE19's PE Ratio compare vs other companies in the Asian Electronic Industry?

40 CompaniesPrice / EarningsEstimated GrowthMarket Cap
VENTURE19 14.7xIndustry Avg. 24.1xNo. of Companies136PE020406080100+
40 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: VENTURE19 is good value based on its Price-To-Earnings Ratio (14.7x) compared to the Asian Electronic industry average (24.1x).

Price to Earnings Ratio vs Fair Ratio

What is VENTURE19'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.

VENTURE19 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.7x
Fair PE Ratio17.8x

Price-To-Earnings vs Fair Ratio: VENTURE19 is good value based on its Price-To-Earnings Ratio (14.7x) compared to the estimated Fair Price-To-Earnings Ratio (17.8x).

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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