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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Pb Multiple | 0.5x - 0.5x | 0.5x |
Historical Pb Multiple | 0.4x - 0.6x | 0.5x |
Fair Value | ฿7.01 - ฿7.74 | ฿7.37 |
Upside | 6.2% - 17.3% | 11.7% |
Benchmarks | - | Full Ticker |
Warrix Sport Public Company Limited | - | SET:WARRIX |
Sabina Public Company Limited | - | SET:SABINA |
Pan Asia Footwear Public Company Limited | - | SET:PAF |
Thai Textile Industry Public Company Limited | - | SET:TTI |
MC Group Public Company Limited | - | SET:MC |
People's Garment Public Company Limited | - | SET:PG |
Select Price / Book Ratio | ||||||||
Benchmark Companies | ||||||||
WARRIX | SABINA | PAF | TTI | MC | PG | |||
SET:WARRIX | SET:SABINA | SET:PAF | SET:TTI | SET:MC | SET:PG | |||
Historical Net Income Growth | ||||||||
5Y CAGR | 62.9% | 2.4% | NM- | NM- | 10.2% | -8.3% | ||
3Y CAGR | 118.7% | 16.4% | NM- | NM- | 17.0% | -43.1% | ||
Latest Twelve Months | 16.9% | 0.4% | -108.8% | 15.6% | 6.4% | -92.5% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 8.5% | 12.0% | 3.7% | -2.1% | 15.2% | 0.9% | ||
Prior Fiscal Year | 10.2% | 13.4% | -0.1% | -5.3% | 17.4% | 3.6% | ||
Latest Fiscal Year | 9.5% | 13.0% | -0.2% | -5.3% | 17.4% | 0.2% | ||
Latest Twelve Months | 9.5% | 13.0% | -0.2% | -5.3% | 17.9% | 0.2% | ||
Return on Equity | ||||||||
5 Year Average Margin | 14.1% | 20.7% | 4.8% | -1.6% | 14.7% | 0.5% | ||
Prior Fiscal Year | 8.9% | 24.8% | -0.4% | -4.6% | 17.4% | 1.8% | ||
Latest Twelve Months | 10.3% | 25.1% | -0.9% | -4.2% | 19.2% | 0.1% | ||
Next Fiscal Year | 10.6% | 24.8% | 1.4% | -2.9% | 19.8% | 0.5% | ||
Two Fiscal Years Forward | 12.5% | 23.3% | 1.4% | -3.1% | 21.2% | 0.5% | ||
Current Trading Multiples | ||||||||
Price / LTM Sales | 1.4x | 1.9x | 0.1x | 0.7x | 1.9x | 0.8x | ||
Price / LTM EPS | 14.6x | 14.4x | -70.0x | -14.0x | 10.8x | 336.0x | ||
Price / Book | 1.5x | 3.7x | 0.6x | 0.6x | 2.1x | 0.5x | ||
Price / Fwd Book | 1.4x | 3.2x | 0.6x | 0.6x | 2.1x | 0.5x | ||
Low | Mid | High | ||||||
Benchmark P/B Ratio | 0.6x | 1.5x | 3.7x | |||||
Historical P/B Ratio | 0.4x | 0.5x | 0.6x | |||||
Selected P/B Multiple | 0.5x | 0.5x | 0.5x | |||||
(x) Book Value | 1,418 | 1,418 | 1,418 |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | WARRIX | SABINA | PAF | TTI | MC | PG | |
Value of Common Equity | 2,191 | 6,603 | 386 | 1,300 | 7,920 | 634 | |
(/) Shares Outstanding | 589.1 | 347.5 | 536.4 | 50.0 | 792.0 | 96.0 | |
Implied Stock Price | 3.72 | 19.00 | 0.72 | 26.00 | 10.00 | 6.60 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 3.72 | 19.00 | 0.72 | 26.00 | 10.00 | 6.60 | |
Trading Currency | THB | THB | THB | THB | THB | THB | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |