STEC Relative Valuation - Sino Thai Engineering and Construction PCL - Alpha Spread
S

Sino Thai Engineering and Construction PCL
SET:STEC

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Sino Thai Engineering and Construction PCL
SET:STEC
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Price: 9.9 THB 0.51% Market Closed
Market Cap: 15.1B THB
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Relative Value

The Relative Value of one STEC stock under the Base Case scenario is 11.4 THB. Compared to the current market price of 9.9 THB, Sino Thai Engineering and Construction PCL is Undervalued by 13%.

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.

STEC Relative Value
Base Case
11.4 THB
Undervaluation 13%
Relative Value
Price
S
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
71
vs Industry
63
Median 3Y
0.6
Median 5Y
0.6
Industry
0.8
Forward
0.5
vs History
3
vs Industry
12
Median 3Y
24.3
Median 5Y
20.1
Industry
15.4
Forward
37
vs History
vs Industry
39
Median 3Y
3.9
Median 5Y
4
Industry
8.6
vs History
7
vs Industry
18
Median 3Y
9.4
Median 5Y
5.5
Industry
13.5
vs History
80
vs Industry
59
Median 3Y
1
Median 5Y
1.1
Industry
1.2
vs History
26
vs Industry
66
Median 3Y
0.5
Median 5Y
0.5
Industry
1
Forward
0.5
vs History
19
vs Industry
22
Median 3Y
10
Median 5Y
9.6
Industry
5.2
vs History
14
vs Industry
39
Median 3Y
7.8
Median 5Y
7.5
Industry
9.5
Forward
8.6
vs History
25
vs Industry
23
Median 3Y
19.3
Median 5Y
14.8
Industry
12.1
Forward
17.8
vs History
vs Industry
53
Median 3Y
1.9
Median 5Y
2.5
Industry
10
vs History
vs Industry
41
Median 3Y
2.1
Median 5Y
1.6
Industry
12.7
vs History
46
vs Industry
73
Median 3Y
0.4
Median 5Y
0.4
Industry
0.8

Multiples Across Competitors

STEC Competitors Multiples
Sino Thai Engineering and Construction 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
Sino Thai Engineering and Construction PCL
SET:STEC
15.1B THB 0.5 41 9.6 19.9
FR
Vinci SA
PAR:DG
62.8B EUR 0.9 13.6 6.7 9.9
IN
Larsen & Toubro Ltd
NSE:LT
5.2T INR 2.3 39.1 22.9 27.1
IN
Larsen and Toubro Ltd
F:LTO
53.3B EUR 2.2 37.2 21.9 25.9
JP
Meldia Development & Construction CO LTD
TSE:1739
6.1T JPY 155.9 4 601.9 2 363.5 2 501
US
Quanta Services Inc
NYSE:PWR
42.4B USD 1.9 53.6 25.1 39.2
NL
Ferrovial SE
AEX:FER
28.8B EUR 3.3 38.1 30.5 47
ES
Ferrovial SA
MAD:FER
27.6B EUR 3.1 36.6 29.6 45.5
CN
China State Construction Engineering Corp Ltd
SSE:601668
204.4B CNY 0.1 3.8 6.6 6.6
CA
WSP Global Inc
TSX:WSP
29.3B CAD 2 49 16 25.1
US
EMCOR Group Inc
NYSE:EME
20.3B USD 1.5 24.6 15.7 17.5

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