JAS.BK
Jasmine International PCL
Price:  
1.35 
THB
Volume:  
22,983,000
Thailand | Diversified Telecommunication Services

JAS.BK DCF Valuation - Growth Exit 5Y

-56.7 %
Upside

What is the DCF valuation of JAS.BK?

The Discounted Cash Flow (DCF) valuation of Jasmine International PCL (JAS.BK) is 0.59 THB. With the latest stock price at 1.35 THB, the upside of Jasmine International PCL based on DCF is -56.7%.

Is JAS.BK a buy or a sell?

Based on the latest price of 1.35 THB and our DCF valuation, Jasmine International PCL (JAS.BK) is a sell. Selling JAS.BK stocks now will result in a potential gain of 56.7%.

Range Selected
WACC / Discount Rate6.9% - 9.9%8.4%
Long-term Growth Rate 3.0% - 5.0%4.0%
Fair Price0.39 - 1.290.59
Upside-70.8% - -4.2%-56.7%
1.35 THB
Stock Price
0.59 THB
Fair Price
REVENUE & EXPENSES
CAPEX
D&A
WORKING CAPITAL
TERMINAL VALUE

JAS.BK DCF Valuation: Revenue & Expenses Forecast

(THB in millions)Projections
12-202412-202512-202612-202712-202812-2029
Revenue3,2392,6192,7762,9373,0483,299
% Growth
46%-19%6%6%4%8%
Cost of goods sold(2,631)(2,021)(2,035)(2,045)(2,016)(2,073)
% of Revenue81%77%73%70%66%63%
Selling, G&A expenses(609)(493)(522)(553)(574)(621)
% of Revenue19%19%19%19%19%19%
Research & Development000000
% of Revenue0%0%0%0%0%0%
Net interest & other expenses659533565598620671
% of Revenue20%20%20%20%20%20%
Tax expense11(34)(42)(50)(57)(68)
Tax rate2%5%5%5%5%5%
Net profit6696057428871,0211,209
% Margin21%23%27%30%34%37%