Asia Network International Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: ANI-R (THB3.94) is trading below our estimate of fair value (THB15.24)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ANI-R. This is calculated by dividing ANI-R's market cap by their current earnings.
What is ANI-R's PE Ratio?
PE Ratio	11x
Earnings	฿661.17m
Market Cap	฿7.28b

ANI-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	0.9x
Enterprise Value/EBITDA	6x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ANI-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	13.5x
III Triple i Logistics	6x	-3.6%	฿4.4b
SJWD SCGJWD Logistics	17.6x	6.7%	฿21.0b
WICE Wice Logistics	21.2x	14.7%	฿3.2b
SONIC Sonic Interfreight	9.1x	n/a	฿1.4b
ANI-R Asia Network International	11x	n/a	฿7.3b

Price-To-Earnings vs Peers: ANI-R is good value based on its Price-To-Earnings Ratio (11x) compared to the peer average (13.5x).

Price to Earnings Ratio vs Industry

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

2 Companies	Price / Earnings	Estimated Growth	Market Cap

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: ANI-R is good value based on its Price-To-Earnings Ratio (11x) compared to the Asian Logistics industry average (17.4x).

Price to Earnings Ratio vs Fair Ratio

What is ANI-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.

ANI-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	11x
Fair PE Ratio	n/a

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