Scan Inter Valuation

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

SCN-R (THB0.65) is trading above our estimate of [[fair value]] (THB0.14)

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

Below Fair Value: SCN-R (THB0.65) is trading above our estimate of fair value (THB0.14)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for SCN-R. This is calculated by dividing SCN-R's market cap by their current revenue.
What is SCN-R's PS Ratio?
PS Ratio	0.5x
Sales	฿1.73b
Market Cap	฿788.74m

SCN-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	2x
Enterprise Value/EBITDA	23.4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does SCN-R's PS Ratio compare to its peers?

The above table shows the PS ratio for SCN-R 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	2.8x
AE All Energy & Utilities	1x	n/a	฿1.0b
GREEN Green Resources	7.6x	n/a	฿908.0m
EP Eastern Power Group	2x	n/a	฿1.8b
PRIME Prime Road Power	0.7x	n/a	฿893.4m
SCN-R Scan Inter	0.5x	n/a	฿788.7m

Price-To-Sales vs Peers: SCN-R is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (2.8x).

Price to Sales Ratio vs Industry

How does SCN-R's PS Ratio compare vs other companies in the Asian Gas Utilities Industry?

12 Companies	Price / Sales	Estimated Growth	Market Cap

12 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: SCN-R is good value based on its Price-To-Sales Ratio (0.5x) compared to the Asian Gas Utilities industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is SCN-R'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.

SCN-R PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.5x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate SCN-R'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.

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