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Firetrade Engineering PCL
SET:FTE

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Firetrade Engineering PCL
SET:FTE
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Price: 2.02 THB Market Closed
Market Cap: ฿1.3B

P/B

1.5
Current
23%
More Expensive
vs 3-y average of 1.3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
฿1.3B
/
Total Equity
฿863.7m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
฿1.3B
/
Total Equity
฿863.7m

Valuation Scenarios

Firetrade Engineering PCL is trading above its 3-year average

If P/B returns to its 3-Year Average (1.3), the stock would be worth ฿1.64 (19% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-79%
Maximum Upside
No Upside Scenarios
Average Downside
38%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.5 ฿2.02
0%
3-Year Average 1.3 ฿1.64
-19%
5-Year Average 1.3 ฿1.66
-18%
Industry Average 0.3 ฿0.42
-79%
Country Average 1 ฿1.32
-34%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
TH
Firetrade Engineering PCL
SET:FTE
1.3B THB 1.5 10.8
JP
Fujitec Co Ltd
TSE:6406
2 720 795.8T JPY 0 0
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 24 437.1 363 670.8
JP
Star Micronics Co Ltd
TSE:7718
48T JPY 1 29.8
US
Parker-Hannifin Corp
NYSE:PH
120.4B USD 8.4 34.1
JP
Freund Corp
TSE:6312
16.9T JPY 1 012.7 8 494.3
SE
Atlas Copco AB
STO:ATCO A
911.3B SEK 8.3 34.5
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
15.1T JPY 5.8 53.9
US
Illinois Tool Works Inc
NYSE:ITW
77.1B USD 23.8 25.1
US
Barnes Group Inc
NYSE:B
68.2B USD 2.6 13.6
SE
Sandvik AB
STO:SAND
492.1B SEK 5.3 33.5

Market Distribution

In line with most companies in Thailand
Percentile
68th
Based on 398 companies
68th percentile
1.5
Low
0.1 — 0.7
Typical Range
0.7 — 1.6
High
1.6 —
Distribution Statistics
Thailand
Min 0.1
30th Percentile 0.7
Median 1
70th Percentile 1.6
Max 30.3

Firetrade Engineering PCL
Glance View

Market Cap
1.3B THB
Industry
Machinery

Firetrade Engineering Public Co. Ltd. engages in the distribution of fire protection products. The company is headquartered in Bangkok, Bangkok Metropolis. The company went IPO on 2017-07-27. The company specializes in the design and installation of fire alarm systems and fire suppression systems with gas, water, foam, chemical powder in various places, such as kitchens, flammable storage rooms, factories, and accommodation buildings. Its products are divided into four categories, such as firefighting equipment product and fire protection equipment, such as fire protection valve, grooved coupling and fitting, fire hose cabinet and various accessories, portable fire extinguisher, and fire pump; fire suppression system product, such as water-based system, foam system, clean agent extinguishing system, gaseous system, and water mist system; fire alarm system product, such as detection device, fire alarm equipment, and system control cabinet, and uninterruptible power supply (UPS) and data center.

FTE Intrinsic Value
2.7 THB
Undervaluation 25%
Intrinsic Value
Price ฿2.02
F
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