B

Banpu Power PCL
SET:BPP

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Banpu Power PCL
SET:BPP
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Price: 7 THB -0.71%
Market Cap: 21.3B THB
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one BPP stock under the Base Case scenario is 21.78 THB. Compared to the current market price of 7 THB, Banpu Power PCL is Undervalued by 68%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BPP Relative Value
Base Case
21.78 THB
Undervaluation 68%
Relative Value
Price
B
Worst Case
Base Case
Best Case

Valuation Multiples

0.8
P/S
P/S
Price to Sales
0.8
vs History
92
vs Industry
67
Median 3Y
1.4
Median 5Y
2.1
Industry
1.7
Forward
0.8
More Details
13
P/E
P/E
Price to Earnings
13
vs History
31
vs Industry
57
Median 3Y
9.7
Median 5Y
11.6
Industry
15.1
Forward
5.6
More Details
137.4
P/OCF
P/OCF
Price to OCF
137.4
vs History
7
vs Industry
3
Median 3Y
13.9
Median 5Y
43.2
Industry
7.1
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
55
Median 3Y
1.8
Median 5Y
1.8
Industry
14.1
More Details
0.4
P/B
P/B
Price to Book Value
0.4
vs History
92
vs Industry
81
Median 3Y
0.8
Median 5Y
0.9
Industry
1.4
More Details
1.9
EV/S
EV/S
Enterprise Value to Sales
1.9
vs History
87
vs Industry
58
Median 3Y
2.3
Median 5Y
2.6
Industry
2.9
Forward
2
More Details
25.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
25.4
vs History
53
vs Industry
35
Median 3Y
25.2
Median 5Y
26.5
Industry
7.9
More Details
73.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
73.4
vs History
31
vs Industry
46
Median 3Y
27
Median 5Y
46.7
Industry
10.6
Forward
9.9
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
41
Median 3Y
10.3
Median 5Y
10.3
Industry
15.2
Forward
9.9
More Details
325
EV/OCF
EV/OCF
Enterprise Value to OCF
325
vs History
4
vs Industry
2
Median 3Y
22.2
Median 5Y
46.3
Industry
10.9
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
49
Median 3Y
-4.8
Median 5Y
-29.1
Industry
16.9
More Details
0.6
EV/IC
EV/IC
Enterprise Value to IC
0.6
vs History
92
vs Industry
74
Median 3Y
0.7
Median 5Y
0.8
Industry
0.9
More Details

Multiples Across Competitors

BPP Competitors Multiples
Banpu Power PCL Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
Banpu Power PCL
SET:BPP
21.3B THB 0.8 13 73.4 -46.1
DE
Uniper SE
XETRA:UN01
562.9B EUR 2.1 -29.7 -142.5 -87.5
US
Vistra Corp
NYSE:VST
64B USD 3.5 28.7 12 20.9
SA
ACWA Power Co
SAU:2082
184.5B SAR 26.3 97.7 76.9 96.4
IN
NTPC Ltd
NSE:NTPC
3.3T INR 1.8 14.1 9.3 13.7
CN
CGN Power Co Ltd
SZSE:003816
188.4B CNY 2.1 18.4 14.5 14.5
CN
China National Nuclear Power Co Ltd
SSE:601985
190.9B CNY 2.4 19.9 17.8 17.8
IN
Adani Power Ltd
NSE:ADANIPOWER
2.3T INR 4.1 17.7 11.7 14.6
TH
Gulf Energy Development PCL
SET:GULF
657.4B THB 5.4 36 35.4 43.2
CN
SDIC Power Holdings Co Ltd
SSE:600886
113.2B CNY 2 17.1 14.2 14.2
CN
Huaneng Power International Inc
SSE:600011
102.2B CNY 0.4 13.6 13.7 13.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
B
Banpu Power PCL
SET:BPP
Average EV/EBITDA: 27.9
73.4
30%
2.4
DE
Uniper SE
XETRA:UN01
Negative Multiple: -142.5 N/A N/A
US
Vistra Corp
NYSE:VST
12
1%
12
SA
ACWA Power Co
SAU:2082
76.9
48%
1.6
IN
NTPC Ltd
NSE:NTPC
9.3
10%
0.9
CN
CGN Power Co Ltd
SZSE:003816
14.5
24%
0.6
CN
China National Nuclear Power Co Ltd
SSE:601985
17.8
33%
0.5
IN
Adani Power Ltd
NSE:ADANIPOWER
11.7
8%
1.5
TH
G
Gulf Energy Development PCL
SET:GULF
35.4
12%
2.9
CN
SDIC Power Holdings Co Ltd
SSE:600886
14.2
27%
0.5
CN
Huaneng Power International Inc
SSE:600011
13.7
38%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TH
B
Banpu Power PCL
SET:BPP
Average EV/EBIT: 27.7
Negative Multiple: -46.1
79%
N/A
DE
Uniper SE
XETRA:UN01
Negative Multiple: -87.5 N/A N/A
US
Vistra Corp
NYSE:VST
20.9
4%
5.2
SA
ACWA Power Co
SAU:2082
96.4
54%
1.8
IN
NTPC Ltd
NSE:NTPC
13.7
11%
1.2
CN
CGN Power Co Ltd
SZSE:003816
14.5
3%
4.8
CN
China National Nuclear Power Co Ltd
SSE:601985
17.8
8%
2.2
IN
Adani Power Ltd
NSE:ADANIPOWER
14.6
N/A N/A
TH
G
Gulf Energy Development PCL
SET:GULF
43.2
19%
2.3
CN
SDIC Power Holdings Co Ltd
SSE:600886
14.2
5%
2.8
CN
Huaneng Power International Inc
SSE:600011
13.7
5%
2.7

See Also

Summary
BPP intrinsic value, competitors valuation, and company profile.
DCF Valuation
BPP stock valuation using Discount Cash Flow valuation method.
Relative Valuation
BPP stock valuation using valuation multiples.
Wall Street Estimates
BPP price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
BPP stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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