M P J Logistics Valuation

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

MPJ-R (THB3.9) is trading below our estimate of [[fair value]] (THB6.12)

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

Below Fair Value: MPJ-R (THB3.9) is trading below our estimate of fair value (THB6.12)

Significantly Below Fair Value: MPJ-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 MPJ-R?

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

The above table shows the Price to Earnings ratio for MPJ-R. This is calculated by dividing MPJ-R's market cap by their current earnings.
What is MPJ-R's PE Ratio?
PE Ratio	8.2x
Earnings	฿94.60m
Market Cap	฿764.00m

MPJ-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	1.4x
Enterprise Value/EBITDA	14.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MPJ-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	26.9x
KIAT Kiattana Transport	11.8x	n/a	฿988.9m
MENA Mena Transport	18.2x	25.3%	฿910.2m
PCE Petchsrivichai Enterprise	63.4x	58.3%	฿7.8b
PL Phatra Leasing	14.2x	n/a	฿984.2m
MPJ-R M P J Logistics	8.2x	n/a	฿764.0m

Price-To-Earnings vs Peers: MPJ-R is good value based on its Price-To-Earnings Ratio (8.2x) compared to the peer average (26.6x).

Price to Earnings Ratio vs Industry

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

5 Companies	Price / Earnings	Estimated Growth	Market Cap

5 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: MPJ-R is good value based on its Price-To-Earnings Ratio (8.2x) compared to the Asian Transportation industry average (14.1x).

Price to Earnings Ratio vs Fair Ratio

What is MPJ-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.

MPJ-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.2x
Fair PE Ratio	n/a

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