I

Index International Group PCL
SET:IND

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Index International Group PCL
SET:IND
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Price: 1.45 THB 22.88% Market Closed
Market Cap: 507.5m THB

Relative Value

The Relative Value of one IND stock under the Base Case scenario is 2.1 THB. Compared to the current market price of 1.45 THB, Index International Group PCL is Undervalued by 31%.

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.

IND Relative Value
Base Case
2.1 THB
Undervaluation 31%
Relative Value
Price
I
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
85
vs Industry
73
Median 3Y
0.4
Median 5Y
0.6
Industry
2.1
vs History
77
vs Industry
30
Median 3Y
5.1
Median 5Y
11.3
Industry
18.2
vs History
vs Industry
2
Median 3Y
5.4
Median 5Y
5.5
Industry
11.1
vs History
vs Industry
17
Median 3Y
-6.3
Median 5Y
-5.7
Industry
14.4
vs History
67
vs Industry
51
Median 3Y
0.8
Median 5Y
1.1
Industry
1.7
vs History
63
vs Industry
81
Median 3Y
0.3
Median 5Y
0.4
Industry
3.2
vs History
63
vs Industry
74
Median 3Y
1.2
Median 5Y
1.7
Industry
6.9
vs History
77
vs Industry
32
Median 3Y
2.9
Median 5Y
7.4
Industry
11
vs History
67
vs Industry
29
Median 3Y
2.7
Median 5Y
6.4
Industry
13.3
vs History
vs Industry
5
Median 3Y
2.6
Median 5Y
2.8
Industry
11.4
vs History
vs Industry
1
Median 3Y
-3.7
Median 5Y
-1.6
Industry
12.2
vs History
67
vs Industry
63
Median 3Y
0.4
Median 5Y
0.7
Industry
1.7

Multiples Across Competitors

IND Competitors Multiples
Index International Group PCL Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
Index International Group PCL
SET:IND
507.5m THB 0.5 5.3 3.3 3.4
UK
Eight Capital Partners PLC
F:ECS
633.6T EUR 0 0 0 0
US
Suncast Solar Energy Inc
OTC:SUNC
520.3T USD 235 548 317 3 463 908 938.5 -623 088 770.5 -496 591 699.3
US
GE Vernova LLC
NYSE:GEV
180B USD 0 0 0 0
US
China Industrial Group Inc
OTC:CIND
121B USD 351.6 4 020.7 3 417.4 3 537.2
IN
SAB Industries Ltd
BSE:539112
8.8T INR 21 855.1 32 271.9 178 867.1 191 534.8
NL
Nepi Rockcastle NV
JSE:NRP
88B Zac 0 0 0 0
CH
Galderma Group AG
SIX:GALD
39B CHF 0 0 0 0
US
Reddit Inc
NYSE:RDDT
42.8B USD 22.4 122.5 145.3 154.1
US
Coupang Inc
F:788
34.8B EUR 1.2 105.2 28 46
US
CoreWeave Inc
NASDAQ:CRWV
37.3B USD 0 0 0 0
P/S Multiple
Revenue Growth P/S to Growth
TH
I
Index International Group PCL
SET:IND
Average P/S: 39 261 758
0.5
N/A N/A
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
S
Suncast Solar Energy Inc
OTC:SUNC
235 548 317
214%
1 100 693.1
US
G
GE Vernova LLC
NYSE:GEV
Not Available
12%
N/A
US
C
China Industrial Group Inc
OTC:CIND
351.6
N/A N/A
IN
S
SAB Industries Ltd
BSE:539112
21 855.1
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
Not Available
-3%
N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
18%
N/A
US
R
Reddit Inc
NYSE:RDDT
22.4
44%
0.5
US
Coupang Inc
F:788
1.2
16%
0.1
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A
P/E Multiple
Earnings Growth PEG
TH
I
Index International Group PCL
SET:IND
Average P/E: 577 324 244
5.3
N/A N/A
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
S
Suncast Solar Energy Inc
OTC:SUNC
3 463 908 938.5
703%
4 927 324.2
US
G
GE Vernova LLC
NYSE:GEV
Not Available
53%
N/A
US
C
China Industrial Group Inc
OTC:CIND
4 020.7
N/A N/A
IN
S
SAB Industries Ltd
BSE:539112
32 271.9
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
Not Available
-5%
N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
86%
N/A
US
R
Reddit Inc
NYSE:RDDT
122.5
N/A N/A
US
Coupang Inc
F:788
105.2
118%
0.9
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
I
Index International Group PCL
SET:IND
Average EV/EBITDA: 36 492.2
3.3
N/A N/A
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
S
Suncast Solar Energy Inc
OTC:SUNC
Negative Multiple: -623 088 770.5 N/A N/A
US
G
GE Vernova LLC
NYSE:GEV
Not Available
58%
N/A
US
C
China Industrial Group Inc
OTC:CIND
3 417.4
N/A N/A
IN
S
SAB Industries Ltd
BSE:539112
178 867.1
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
Not Available
-3%
N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
28%
N/A
US
R
Reddit Inc
NYSE:RDDT
145.3
N/A N/A
US
Coupang Inc
F:788
28
56%
0.5
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TH
I
Index International Group PCL
SET:IND
Average EV/EBIT: 39 055.1
3.4
N/A N/A
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
S
Suncast Solar Energy Inc
OTC:SUNC
Negative Multiple: -496 591 699.3 N/A N/A
US
G
GE Vernova LLC
NYSE:GEV
Not Available
99%
N/A
US
C
China Industrial Group Inc
OTC:CIND
3 537.2
N/A N/A
IN
S
SAB Industries Ltd
BSE:539112
191 534.8
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
Not Available
-4%
N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
39%
N/A
US
R
Reddit Inc
NYSE:RDDT
154.1
N/A N/A
US
Coupang Inc
F:788
46
77%
0.6
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A