THD Relative Valuation - Thaiholdings JSC - Alpha Spread
T

Thaiholdings JSC
VN:THD

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Thaiholdings JSC
VN:THD
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Price: 35 800 VND Market Closed
Market Cap: 13.8T VND
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Relative Value

The Relative Value of one THD stock under the Base Case scenario is 2 782.87 VND. Compared to the current market price of 35 800 VND, Thaiholdings JSC is Overvalued by 92%.

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.

THD Relative Value
Base Case
2 782.87 VND
Overvaluation 92%
Relative Value
Price
T
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
24
vs Industry
4
Median 3Y
6.2
Median 5Y
6.2
Industry
0.8
vs History
11
vs Industry
3
Median 3Y
76.3
Median 5Y
63.5
Industry
15.4
vs History
43
vs Industry
34
Median 3Y
8.3
Median 5Y
8.2
Industry
8.6
vs History
35
vs Industry
23
Median 3Y
16.4
Median 5Y
11.8
Industry
13.5
vs History
79
vs Industry
18
Median 3Y
3
Median 5Y
3.1
Industry
1.2
vs History
24
vs Industry
5
Median 3Y
6.2
Median 5Y
6.2
Industry
1
vs History
0
vs Industry
100
Median 3Y
150.9
Median 5Y
150.9
Industry
5.2
vs History
vs Industry
3
Median 3Y
36.3
Median 5Y
38.1
Industry
9.5
vs History
vs Industry
0
Median 3Y
38
Median 5Y
52
Industry
12.1
vs History
45
vs Industry
36
Median 3Y
8.2
Median 5Y
8.1
Industry
10
vs History
45
vs Industry
35
Median 3Y
8.2
Median 5Y
8.2
Industry
12.7
vs History
75
vs Industry
14
Median 3Y
2.1
Median 5Y
2.4
Industry
0.8

Multiples Across Competitors

THD Competitors Multiples
Thaiholdings JSC Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
VN
Thaiholdings JSC
VN:THD
13.8T VND 8.8 93.4 -54.4 -53.7
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 37.3 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
42.3B 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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