Euroasia Total Logistics Valuation

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

ETL-R (THB0.64) is trading above our estimate of [[fair value]] (THB0.45)

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

Below Fair Value: ETL-R (THB0.64) is trading above our estimate of fair value (THB0.45)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ETL-R. This is calculated by dividing ETL-R's market cap by their current earnings.
What is ETL-R's PE Ratio?
PE Ratio	18.7x
Earnings	฿21.25m
Market Cap	฿396.80m

ETL-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	0.3x
Enterprise Value/EBITDA	11.3x
PEG Ratio	0.7x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ETL-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	17x
SONIC Sonic Interfreight	9.1x	n/a	฿1.4b
LEO Leo Global Logistics	18.1x	n/a	฿1.2b
SINO Sino Logistics Corporation	19.5x	24.6%	฿1.1b
WICE Wice Logistics	21.2x	14.7%	฿3.2b
ETL-R Euroasia Total Logistics	18.7x	27.5%	฿396.8m

Price-To-Earnings vs Peers: ETL-R is expensive based on its Price-To-Earnings Ratio (18.7x) compared to the peer average (17x).

Price to Earnings Ratio vs Industry

How does ETL-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: ETL-R is expensive based on its Price-To-Earnings Ratio (18.7x) compared to the Asian Logistics industry average (17.4x).

Price to Earnings Ratio vs Fair Ratio

What is ETL-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.

ETL-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	18.7x
Fair PE Ratio	13.5x

Price-To-Earnings vs Fair Ratio: ETL-R is expensive based on its Price-To-Earnings Ratio (18.7x) compared to the estimated Fair Price-To-Earnings Ratio (13.5x).

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.