BCPG Valuation

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

BCPG-R (THB5.65) is trading above our estimate of [[fair value]] (THB3.93)

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: BCPG-R (THB5.65) is trading above our estimate of fair value (THB3.93)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for BCPG-R. This is calculated by dividing BCPG-R's market cap by their current earnings.
What is BCPG-R's PE Ratio?
PE Ratio	11.4x
Earnings	฿1.48b
Market Cap	฿16.93b

BCPG-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	5.4x
Enterprise Value/EBITDA	6.4x
PEG Ratio	-1.1x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for BCPG-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	15.5x
GUNKUL Gunkul Engineering	16.2x	17.4%	฿20.1b
EA Energy Absolute	7.8x	-11.2%	฿23.6b
ACE Absolute Clean Energy	18.3x	n/a	฿13.7b
CKP CK Power	19.8x	18.9%	฿26.7b
BCPG-R BCPG	11.4x	-10.5%	฿16.9b

Price-To-Earnings vs Peers: BCPG-R is good value based on its Price-To-Earnings Ratio (11.4x) compared to the peer average (15.5x).

Price to Earnings Ratio vs Industry

How does BCPG-R's PE Ratio compare vs other companies in the Asian Renewable Energy Industry?

13 Companies	Price / Earnings	Estimated Growth	Market Cap

13 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: BCPG-R is good value based on its Price-To-Earnings Ratio (11.4x) compared to the Asian Renewable Energy industry average (14.7x).

Price to Earnings Ratio vs Fair Ratio

What is BCPG-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.

BCPG-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	11.4x
Fair PE Ratio	10.9x

Price-To-Earnings vs Fair Ratio: BCPG-R is expensive based on its Price-To-Earnings Ratio (11.4x) compared to the estimated Fair Price-To-Earnings Ratio (10.9x).

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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