T

Tata Steel Thailand PCL
SET:TSTH

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Tata Steel Thailand PCL
SET:TSTH
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Price: 0.66 THB -1.49% Market Closed
Market Cap: 5.6B THB

Relative Value

The Relative Value of one TSTH stock under the Base Case scenario is 2.52 THB. Compared to the current market price of 0.66 THB, Tata Steel Thailand PCL is Undervalued by 74%.

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.

TSTH Relative Value
Base Case
2.52 THB
Undervaluation 74%
Relative Value
Price
T
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
84
vs Industry
91
Median 3Y
0.3
Median 5Y
0.3
Industry
2.2
vs History
96
vs Industry
20
Median 3Y
17
Median 5Y
12
Industry
19.5
vs History
73
vs Industry
23
Median 3Y
3.7
Median 5Y
7.4
Industry
11.5
vs History
68
vs Industry
19
Median 3Y
4.8
Median 5Y
9
Industry
18.9
vs History
88
vs Industry
80
Median 3Y
0.5
Median 5Y
0.6
Industry
2.3
vs History
95
vs Industry
92
Median 3Y
0.2
Median 5Y
0.2
Industry
2.6
vs History
95
vs Industry
40
Median 3Y
6.9
Median 5Y
5.5
Industry
8.7
vs History
95
vs Industry
21
Median 3Y
9.6
Median 5Y
7
Industry
12.8
vs History
90
vs Industry
12
Median 3Y
22.5
Median 5Y
9.6
Industry
15.4
vs History
71
vs Industry
27
Median 3Y
3
Median 5Y
6.3
Industry
12.9
vs History
71
vs Industry
19
Median 3Y
3.5
Median 5Y
10.1
Industry
17.5
vs History
95
vs Industry
80
Median 3Y
0.4
Median 5Y
0.5
Industry
2

Multiples Across Competitors

TSTH Competitors Multiples
Tata Steel Thailand 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
Tata Steel Thailand PCL
SET:TSTH
5.6B THB 0.2 3.4 1.1 1.2
ZA
Kumba Iron Ore Ltd
JSE:KIO
117.3B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
321.3B BRL 1.5 10.6 5 6.5
AU
Fortescue Ltd
XMUN:FVJ
40.2B EUR 3 13.9 9.2 9.2
AU
Fortescue Metals Group Ltd
ASX:FMG
68.9B AUD 3 13.7 9.1 9.1
US
Nucor Corp
NYSE:NUE
37.9B USD 1.2 23 10.6 16.7
LU
ArcelorMittal SA
AEX:MT
31.1B EUR 0.6 14 6.7 12.9
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.9T INR 1.7 47.9 13.7 21.6
IN
Tata Steel Ltd
NSE:TATASTEEL
2.3T INR 1 33.6 10.1 16.3
US
Steel Dynamics Inc
NASDAQ:STLD
24.9B USD 1.4 22.1 14.4 19.9
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
159.7B CNY 0.5 16.9 16.3 16.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
T
Tata Steel Thailand PCL
SET:TSTH
Average EV/EBITDA: 9.6
1.1
N/A N/A
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
6%
N/A
BR
Vale SA
BOVESPA:VALE3
5
8%
0.6
AU
F
Fortescue Ltd
XMUN:FVJ
9.2
10%
0.9
AU
Fortescue Metals Group Ltd
ASX:FMG
9.1
10%
0.9
US
Nucor Corp
NYSE:NUE
10.6
10%
1.1
LU
ArcelorMittal SA
AEX:MT
6.7
13%
0.5
IN
JSW Steel Ltd
NSE:JSWSTEEL
13.7
24%
0.6
IN
Tata Steel Ltd
NSE:TATASTEEL
10.1
20%
0.5
US
Steel Dynamics Inc
NASDAQ:STLD
14.4
13%
1.1
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
16.3
59%
0.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TH
T
Tata Steel Thailand PCL
SET:TSTH
Average EV/EBIT: 13
1.2
N/A N/A
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-4%
N/A
BR
Vale SA
BOVESPA:VALE3
6.5
6%
1.1
AU
F
Fortescue Ltd
XMUN:FVJ
9.2
-7%
N/A
AU
Fortescue Metals Group Ltd
ASX:FMG
9.1
-7%
N/A
US
Nucor Corp
NYSE:NUE
16.7
13%
1.3
LU
ArcelorMittal SA
AEX:MT
12.9
16%
0.8
IN
JSW Steel Ltd
NSE:JSWSTEEL
21.6
37%
0.6
IN
Tata Steel Ltd
NSE:TATASTEEL
16.3
29%
0.6
US
Steel Dynamics Inc
NASDAQ:STLD
19.9
14%
1.4
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
16.3
24%
0.7