T

TIPCO Asphalt PCL
SET:TASCO

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TIPCO Asphalt PCL
SET:TASCO
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Price: 14.7 THB Market Closed
Market Cap: 23.2B THB

Relative Value

The Relative Value of one TASCO stock under the Base Case scenario is 21.08 THB. Compared to the current market price of 14.7 THB, TIPCO Asphalt PCL is Undervalued by 30%.

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.

TASCO Relative Value
Base Case
21.08 THB
Undervaluation 30%
Relative Value
Price
T
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
88
vs Industry
44
Median 3Y
0.9
Median 5Y
1
Industry
0.9
Forward
0.8
vs History
46
vs Industry
31
Median 3Y
13.7
Median 5Y
12.4
Industry
16.1
Forward
9.8
vs History
38
vs Industry
10
Median 3Y
14.2
Median 5Y
13.1
Industry
9.3
vs History
11
vs Industry
13
Median 3Y
15.1
Median 5Y
13.8
Industry
13.9
vs History
88
vs Industry
35
Median 3Y
1.6
Median 5Y
1.7
Industry
1.3
vs History
84
vs Industry
46
Median 3Y
1
Median 5Y
1
Industry
1.1
Forward
0.9
vs History
47
vs Industry
27
Median 3Y
8.4
Median 5Y
7.3
Industry
5.4
vs History
41
vs Industry
42
Median 3Y
8.9
Median 5Y
7.1
Industry
9.9
Forward
6.7
vs History
36
vs Industry
35
Median 3Y
11.2
Median 5Y
10.5
Industry
12.8
Forward
8.9
vs History
41
vs Industry
11
Median 3Y
15.8
Median 5Y
14.3
Industry
10.8
vs History
31
vs Industry
5
Median 3Y
21.2
Median 5Y
18.9
Industry
13.6
vs History
87
vs Industry
27
Median 3Y
1.3
Median 5Y
1.3
Industry
0.9

Multiples Across Competitors

TASCO Competitors Multiples
TIPCO Asphalt PCL Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
TIPCO Asphalt PCL
SET:TASCO
23.2B THB 0.8 12.5 7.4 11
IE
CRH PLC
NYSE:CRH
74.6B USD 2.1 22.6 12.3 17
CH
Holcim AG
SIX:HOLN
36.4B CHF 1.7 2.4 7.6 11.1
DE
HeidelbergCement AG
XETRA:HEI
36.8B EUR 1.3 4.8 4.2 4.9
IN
UltraTech Cement Ltd
NSE:ULTRACEMCO
3.6T INR 4.7 51.8 26.8 37.8
US
Vulcan Materials Co
NYSE:VMC
38.5B USD 5.1 40.5 19.9 29.4
US
Martin Marietta Materials Inc
NYSE:MLM
36.8B USD 5.5 33.4 19.2 26.9
US
Amrize AG
SIX:AMRZ
23B CHF 2.4 22.4 12.2 17.3
DE
Heidelberg Materials AG
XMUN:HEI
24B EUR 0.9 3.1 2.9 3.4
IN
Grasim Industries Ltd
NSE:GRASIM
1.9T INR 1.3 50.6 10.1 13.1
CN
Anhui Conch Cement Co Ltd
SSE:600585
127.3B CNY 1.4 15.9 9.7 9.7