Triple i Logistics Public Company Limited

SET:III-R Stock Report

Market Cap: ฿5.1b

Triple i Logistics Valuation

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

Below Fair Value: III-R (THB6.55) is trading below our estimate of fair value (THB22.53)

Significantly Below Fair Value: III-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 III-R?

Other financial metrics that can be useful for relative valuation.

III-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/Revenue3x
Enterprise Value/EBITDA52.2x
PEG Ratio-1x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for III-R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.7x
WICE Wice Logistics
24.6x8.0%฿4.1b
ANI Asia Network International
9.8xn/a฿7.1b
SONIC Sonic Interfreight
9.2xn/a฿1.3b
LEO Leo Global Logistics
19.2xn/a฿1.3b
III-R Triple i Logistics
6.5x-6.7%฿5.1b

Price-To-Earnings vs Peers: III-R is good value based on its Price-To-Earnings Ratio (6.5x) compared to the peer average (15.7x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a7.4%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a7.4%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: III-R is good value based on its Price-To-Earnings Ratio (6.5x) compared to the Asian Logistics industry average (17.6x).


Price to Earnings Ratio vs Fair Ratio

What is III-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.

III-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.5x
Fair PE Ratio11.9x

Price-To-Earnings vs Fair Ratio: III-R is good value based on its Price-To-Earnings Ratio (6.5x) compared to the estimated Fair Price-To-Earnings Ratio (11.9x).


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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