The Discounted Cash Flow (DCF) valuation of Nusasiri PCL (NUSA.BK) is (1.60) THB. With the latest stock price at 0.14 THB, the upside of Nusasiri PCL based on DCF is -1245.4%.
Based on the latest price of 0.14 THB and our DCF valuation, Nusasiri PCL (NUSA.BK) is a sell. Selling NUSA.BK stocks now will result in a potential gain of 1245.4%.
Note: valuation result may not be accurate due to the company's negative earnings.
Range | Selected | |
WACC / Discount Rate | 5.7% - 7.1% | 6.4% |
Long-term Growth Rate | 3.0% - 5.0% | 4.0% |
Fair Price | (4.49) - (1.09) | (1.60) |
Upside | -3305.8% - -876.4% | -1245.4% |
(THB in millions) | Projections | |||||
12-2023 | 12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | |
Revenue | 1,150 | 969 | 1,000 | 1,020 | 1,040 | 1,073 |
% Growth | - | -16% | 3% | 2% | 2% | 3% |
Cost of goods sold | (953) | (763) | (748) | (725) | (702) | (688) |
% of Revenue | 83% | 79% | 75% | 71% | 67% | 64% |
Selling, G&A expenses | (763) | (643) | (663) | (677) | (690) | (712) |
% of Revenue | 66% | 66% | 66% | 66% | 66% | 66% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | (176) | (148) | (153) | (156) | (159) | (164) |
% of Revenue | 15% | 15% | 15% | 15% | 15% | 15% |
Tax expense | (5) | 11 | 11 | 10 | 10 | 10 |
Tax rate | 1% | 2% | 2% | 2% | 2% | 2% |
Net profit | (748) | (574) | (553) | (527) | (501) | (482) |
% Margin | -65% | -59% | -55% | -52% | -48% | -45% |