R

RS PCL
SET:RS

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RS PCL
SET:RS
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Price: 0.28 THB -3.45% Market Closed
Market Cap: 611m THB

Relative Value

The Relative Value of one RS stock under the Base Case scenario is 2.8 THB. Compared to the current market price of 0.28 THB, RS PCL is Undervalued by 90%.

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.

RS Relative Value
Base Case
2.8 THB
Undervaluation 90%
Relative Value
Price
R
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
98
vs Industry
71
Median 3Y
2.1
Median 5Y
2.1
Industry
1.4
Forward
0.1
vs History
vs Industry
34
Median 3Y
30.1
Median 5Y
19.5
Industry
17.5
Forward
3
vs History
98
vs Industry
54
Median 3Y
12.8
Median 5Y
11.4
Industry
10.8
vs History
vs Industry
Median 3Y
-7
Median 5Y
6.2
Industry
15.4
vs History
98
vs Industry
73
Median 3Y
3.7
Median 5Y
3.7
Industry
1.7
vs History
96
vs Industry
38
Median 3Y
3.2
Median 5Y
3
Industry
1.5
Forward
0.9
vs History
93
vs Industry
31
Median 3Y
6.6
Median 5Y
5.8
Industry
3.4
vs History
vs Industry
35
Median 3Y
10.4
Median 5Y
9.9
Industry
8.6
Forward
3.8
vs History
vs Industry
32
Median 3Y
11.6
Median 5Y
15.2
Industry
12.4
Forward
9
vs History
82
vs Industry
31
Median 3Y
17.4
Median 5Y
15.9
Industry
10.3
vs History
vs Industry
Median 3Y
-26.5
Median 5Y
-25.3
Industry
13
vs History
98
vs Industry
63
Median 3Y
1.7
Median 5Y
1.8
Industry
1.4

Multiples Across Competitors

RS Competitors Multiples
RS PCL Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
RS PCL
SET:RS
611m THB 0.2 -2 -17.5 -4.8
US
Netflix Inc
NASDAQ:NFLX
507.1B USD 12.6 54.7 19.1 46.1
US
Walt Disney Co
NYSE:DIS
201.6B USD 2.1 22.6 12.4 17
LU
Spotify Technology SA
NYSE:SPOT
134.1B USD 7.3 101.9 61.1 65.3
NL
Universal Music Group NV
AEX:UMG
50.8B EUR 4.3 24.3 24 29.6
US
Live Nation Entertainment Inc
NYSE:LYV
33.6B USD 1.5 48.5 17.9 26.2
US
TKO Group Holdings Inc
NYSE:TKO
31.2B USD 23.3 184.6 89.7 118.6
CN
Tencent Music Entertainment Group
NYSE:TME
27B USD 6.7 20.4 21.8 21.8
US
Warner Bros Discovery Inc
NASDAQ:WBD
22.3B USD 0.6 -2.1 2.6 65.3
FR
Bollore SE
PAR:BOL
16B EUR 5.1 8.8 12.6 -36.1
US
Endeavor Group Holdings Inc
NYSE:EDR
13.8B USD 1.9 -17.6 34.6 -207.1
P/E Multiple
Earnings Growth PEG
TH
R
RS PCL
SET:RS
Average P/E: 58.2
Negative Multiple: -2
N/A N/A
US
Netflix Inc
NASDAQ:NFLX
54.7
23%
2.4
US
Walt Disney Co
NYSE:DIS
22.6
37%
0.6
LU
Spotify Technology SA
NYSE:SPOT
101.9
42%
2.4
NL
Universal Music Group NV
AEX:UMG
24.3
3%
8.1
US
Live Nation Entertainment Inc
NYSE:LYV
48.5
10%
4.9
US
TKO Group Holdings Inc
NYSE:TKO
184.6
39%
4.7
CN
Tencent Music Entertainment Group
NYSE:TME
20.4
19%
1.1
US
Warner Bros Discovery Inc
NASDAQ:WBD
Negative Multiple: -2.1 N/A N/A
FR
Bollore SE
PAR:BOL
8.8
-43%
N/A
US
Endeavor Group Holdings Inc
NYSE:EDR
Negative Multiple: -17.6 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
R
RS PCL
SET:RS
Average EV/EBITDA: 29.6
Negative Multiple: -17.5
N/A N/A
US
Netflix Inc
NASDAQ:NFLX
19.1
-9%
N/A
US
Walt Disney Co
NYSE:DIS
12.4
12%
1
LU
Spotify Technology SA
NYSE:SPOT
61.1
41%
1.5
NL
Universal Music Group NV
AEX:UMG
24
17%
1.4
US
Live Nation Entertainment Inc
NYSE:LYV
17.9
19%
0.9
US
TKO Group Holdings Inc
NYSE:TKO
89.7
60%
1.5
CN
Tencent Music Entertainment Group
NYSE:TME
21.8
20%
1.1
US
Warner Bros Discovery Inc
NASDAQ:WBD
2.6
-24%
N/A
FR
Bollore SE
PAR:BOL
12.6
-22%
N/A
US
Endeavor Group Holdings Inc
NYSE:EDR
34.6
77%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TH
R
RS PCL
SET:RS
Average EV/EBIT: 48.7
Negative Multiple: -4.8
N/A N/A
US
Netflix Inc
NASDAQ:NFLX
46.1
22%
2.1
US
Walt Disney Co
NYSE:DIS
17
19%
0.9
LU
Spotify Technology SA
NYSE:SPOT
65.3
43%
1.5
NL
Universal Music Group NV
AEX:UMG
29.6
18%
1.6
US
Live Nation Entertainment Inc
NYSE:LYV
26.2
17%
1.5
US
TKO Group Holdings Inc
NYSE:TKO
118.6
50%
2.4
CN
Tencent Music Entertainment Group
NYSE:TME
21.8
21%
1
US
Warner Bros Discovery Inc
NASDAQ:WBD
65.3
52%
1.3
FR
Bollore SE
PAR:BOL
Negative Multiple: -36.1 N/A N/A
US
Endeavor Group Holdings Inc
NYSE:EDR
Negative Multiple: -207.1 N/A N/A