BTS Group Holdings Valuation

Is BTS-F 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-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: BTS-F (THB4.88) is trading above our estimate of fair value (THB1)

Significantly Below Fair Value: BTS-F is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BTS-F?

Key metric: As BTS-F is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for BTS-F. This is calculated by dividing BTS-F's market cap by their current revenue.
What is BTS-F's PS Ratio?
PS Ratio	3.9x
Sales	฿16.75b
Market Cap	฿65.57b

BTS-F 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	14.6x
Enterprise Value/EBITDA	153.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does BTS-F's PS Ratio compare to its peers?

The above table shows the PS ratio for BTS-F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	2.4x
RCL Regional Container Lines	0.7x	n/a	฿21.3b
BEM Bangkok Expressway and Metro	6.8x	6.1%	฿113.8b
PSL Precious Shipping	2x	2.6%	฿11.9b
PCE Petchsrivichai Enterprise	0.3x	10.8%	฿7.8b
BTS-F BTS Group Holdings	3.9x	1.7%	฿65.6b

Price-To-Sales vs Peers: BTS-F is expensive based on its Price-To-Sales Ratio (3.9x) compared to the peer average (2.5x).

Price to Sales Ratio vs Industry

How does BTS-F's PS Ratio compare vs other companies in the Asian Transportation Industry?

11 Companies	Price / Sales	Estimated Growth	Market Cap

11 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: BTS-F is expensive based on its Price-To-Sales Ratio (3.9x) compared to the Asian Transportation industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is BTS-F's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BTS-F PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	3.9x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate BTS-F's Price-To-Sales 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.