S

Steel PCL
SET:THE

Watchlist Manager
Steel PCL
SET:THE
Watchlist
Price: 0.79 THB 3.95%
Market Cap: 870.6m THB

Relative Value

The Relative Value of one THE stock under the Base Case scenario is 1.24 THB. Compared to the current market price of 0.79 THB, Steel PCL is Undervalued by 36%.

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.

THE Relative Value
Base Case
1.24 THB
Undervaluation 36%
Relative Value
Price
S
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
85
vs Industry
88
Median 3Y
0.1
Median 5Y
0.2
Industry
0.7
vs History
vs Industry
Median 3Y
-9.8
Median 5Y
-7.2
Industry
15.2
vs History
68
vs Industry
63
Median 3Y
1.8
Median 5Y
1.4
Industry
8.6
vs History
vs Industry
51
Median 3Y
-7
Median 5Y
-4.6
Industry
15
vs History
93
vs Industry
79
Median 3Y
0.6
Median 5Y
0.7
Industry
1.2
vs History
92
vs Industry
67
Median 3Y
0.4
Median 5Y
0.4
Industry
0.9
vs History
55
vs Industry
16
Median 3Y
16.8
Median 5Y
12.7
Industry
4.4
vs History
39
vs Industry
4
Median 3Y
53.4
Median 5Y
23.3
Industry
9.1
vs History
3
vs Industry
Median 3Y
-52.4
Median 5Y
4.5
Industry
12.1
vs History
63
vs Industry
43
Median 3Y
5
Median 5Y
3.7
Industry
9.8
vs History
63
vs Industry
39
Median 3Y
5.8
Median 5Y
3.7
Industry
11.4
vs History
93
vs Industry
53
Median 3Y
0.8
Median 5Y
0.8
Industry
0.9

Multiples Across Competitors

THE Competitors Multiples
Steel 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
Steel PCL
SET:THE
870.6m THB 0.1 -16.5 34.1 550.1
MY
Kps Consortium Bhd
KLSE:KPS
1.4T MYR 1 317.5 39 904.4 79 086.4 79 086.4
JP
Mitsubishi Corp
TSE:8058
13.5T JPY 0.7 16.9 21 46.7
JP
Itochu Corp
TSE:8001
13.4T JPY 0.9 14.3 14 23
JP
Mitsui & Co Ltd
TSE:8031
13.1T JPY 0.9 16.1 21.1 36.8
US
United Rentals Inc
NYSE:URI
52.6B USD 3.3 20.8 9.1 16.1
US
W W Grainger Inc
NYSE:GWW
49.1B USD 2.8 28.4 18.5 20.4
US
WW Grainger Inc
XMUN:GWW
41.6B EUR 2.8 28.3 18.5 20.4
US
Fastenal Co
NASDAQ:FAST
48B USD 6 39.2 26.6 29.6
JP
Marubeni Corp
TSE:8002
7.1T JPY 0.9 13.9 14.6 22.5
US
Ferguson Enterprises Inc
NYSE:FERG
44.8B USD 1.4 22.9 15.7 17.8
P/E Multiple
Earnings Growth PEG
TH
S
Steel PCL
SET:THE
Average P/E: 4 010.5
Negative Multiple: -16.5
N/A N/A
MY
K
Kps Consortium Bhd
KLSE:KPS
39 904.4
-24%
N/A
JP
Mitsubishi Corp
TSE:8058
16.9
2%
8.5
JP
Itochu Corp
TSE:8001
14.3
5%
2.9
JP
Mitsui & Co Ltd
TSE:8031
16.1
2%
8
US
United Rentals Inc
NYSE:URI
20.8
10%
2.1
US
W W Grainger Inc
NYSE:GWW
28.4
7%
4.1
US
W
WW Grainger Inc
XMUN:GWW
28.3
8%
3.5
US
Fastenal Co
NASDAQ:FAST
39.2
10%
3.9
JP
Marubeni Corp
TSE:8002
13.9
6%
2.3
US
Ferguson Enterprises Inc
NYSE:FERG
22.9
12%
1.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
S
Steel PCL
SET:THE
Average EV/EBITDA: 7 207.3
34.1
N/A N/A
MY
K
Kps Consortium Bhd
KLSE:KPS
79 086.4
23%
3 438.5
JP
Mitsubishi Corp
TSE:8058
21
0%
N/A
JP
Itochu Corp
TSE:8001
14
5%
2.8
JP
Mitsui & Co Ltd
TSE:8031
21.1
4%
5.3
US
United Rentals Inc
NYSE:URI
9.1
7%
1.3
US
W W Grainger Inc
NYSE:GWW
18.5
6%
3.1
US
W
WW Grainger Inc
XMUN:GWW
18.5
6%
3.1
US
Fastenal Co
NASDAQ:FAST
26.6
10%
2.7
JP
Marubeni Corp
TSE:8002
14.6
0%
N/A
US
Ferguson Enterprises Inc
NYSE:FERG
15.7
9%
1.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TH
S
Steel PCL
SET:THE
Average EV/EBIT: 7 260.9
550.1
N/A N/A
MY
K
Kps Consortium Bhd
KLSE:KPS
79 086.4
73%
1 083.4
JP
Mitsubishi Corp
TSE:8058
46.7
N/A N/A
JP
Itochu Corp
TSE:8001
23
N/A N/A
JP
Mitsui & Co Ltd
TSE:8031
36.8
N/A N/A
US
United Rentals Inc
NYSE:URI
16.1
7%
2.3
US
W W Grainger Inc
NYSE:GWW
20.4
6%
3.4
US
W
WW Grainger Inc
XMUN:GWW
20.4
6%
3.4
US
Fastenal Co
NASDAQ:FAST
29.6
11%
2.7
JP
Marubeni Corp
TSE:8002
22.5
N/A N/A
US
Ferguson Enterprises Inc
NYSE:FERG
17.8
10%
1.8