Green Tech Ventures Public Company Limited

THAMSE:GTV-F Stock Report

Market Cap: ฿1.4b

Green Tech Ventures Valuation

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

Below Fair Value: GTV-F (THB0.12) is trading below our estimate of fair value (THB0.94)

Significantly Below Fair Value: GTV-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 GTV-F?

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

The above table shows the Price to Sales ratio for GTV-F. This is calculated by dividing GTV-F's market cap by their current revenue.
What is GTV-F's PS Ratio?
PS Ratio1.9x
Sales฿742.28m
Market Cap฿1.44b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for GTV-F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.2x
SCG Ratch Pathana Energy
1xn/a฿4.1b
BPP Banpu Power
1.3x6.4%฿36.6b
PRIME Prime Road Power
0.7xn/a฿936.0m
ACC Advanced Connection Corporation
9.5xn/a฿1.0b
GTV-F Green Tech Ventures
1.9xn/a฿1.4b

Price-To-Sales vs Peers: GTV-F is expensive based on its Price-To-Sales Ratio (1.9x) compared to the peer average (1.1x).

Price to Sales Ratio vs Industry

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

0 CompaniesPrice / SalesEstimated GrowthMarket Cap
No more companies available in this PS range
GTV-F 1.9xIndustry Avg. 2.0xNo. of Companies4PS012345+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: GTV-F is good value based on its Price-To-Sales Ratio (1.9x) compared to the TH Renewable Energy industry average (2.2x).

Price to Sales Ratio vs Fair Ratio

What is GTV-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.

GTV-F PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.9x
Fair PS Ration/a

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

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