Electricity Generating Valuation

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

EGCO-F (THB100.5) is trading below our estimate of [[fair value]] (THB145.38)

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: EGCO-F (THB100.5) is trading below our estimate of fair value (THB145.38)

Significantly Below Fair Value: EGCO-F is trading below fair value by more than 20%.

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for EGCO-F. This is calculated by dividing EGCO-F's market cap by their current preferred multiple.
What is EGCO-F's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	฿62.91b

EGCO-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	3.6x
Enterprise Value/EBITDA	-98.6x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for EGCO-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	1.5x
BGRIM B.Grimm Power	1.1x	2.5%	฿62.0b
RATCH Ratch Group	2.2x	15.9%	฿72.3b
GPSC Global Power Synergy	1.5x	-1.6%	฿131.8b
BPP Banpu Power	1x	-0.8%	฿38.1b
EGCO-F Electricity Generating	1.5x	-6.2%	฿62.9b

Price-To-Sales vs Peers: EGCO-F is expensive based on its Price-To-Sales Ratio (1.5x) compared to the peer average (1.4x).

Price to Earnings Ratio vs Industry

How does EGCO-F's PE Ratio compare vs other companies in the TH Renewable Energy Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	15.5%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	15.5%
	n/a	n/a	n/a

No more companies

Price-To-Sales vs Industry: EGCO-F is good value based on its Price-To-Sales Ratio (1.5x) compared to the TH Renewable Energy industry average (2.1x).

Price to Sales Ratio vs Fair Ratio

What is EGCO-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.

EGCO-F PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.5x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate EGCO-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.