As of 2025-05-19, the Intrinsic Value of Siam Makro PCL (MAKRO.BK) is 25.99 THB. This MAKRO.BK valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 35.50 THB, the upside of Siam Makro PCL is -26.80%.
The range of the Intrinsic Value is 14.45 - 59.30 THB
Based on its market price of 35.50 THB and our intrinsic valuation, Siam Makro PCL (MAKRO.BK) is overvalued by 26.80%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 14.45 - 59.30 | 25.99 | -26.8% |
| DCF (Growth 10y) | 17.38 - 61.90 | 28.93 | -18.5% |
| DCF (EBITDA 5y) | 17.96 - 23.29 | 20.18 | -43.2% |
| DCF (EBITDA 10y) | 20.08 - 27.88 | 23.43 | -34.0% |
| Fair Value | 18.15 - 18.15 | 18.15 | -48.87% |
| P/E | 11.17 - 12.91 | 11.87 | -66.6% |
| EV/EBITDA | 10.42 - 26.32 | 18.16 | -48.8% |
| EPV | (5.13) - (2.67) | (3.90) | -111.0% |
| DDM - Stable | 6.04 - 18.10 | 12.07 | -66.0% |
| DDM - Multi | 9.14 - 19.77 | 12.34 | -65.2% |
| Market Cap (mil) | 375,600.66 |
| Beta | 0.86 |
| Outstanding shares (mil) | 10,580.30 |
| Enterprise Value (mil) | 514,130.66 |
| Market risk premium | 7.93% |
| Cost of Equity | 9.52% |
| Cost of Debt | 4.25% |
| WACC | 7.67% |