PM.BK
Premier Marketing PCL
Price:
10.6
THB
Volume:
274,700
Thailand | Food & Staples Retailing
Discounted Cash Flow
Trading Multiples
Peter Lynch Fair Value
Earnings Power Value
Dividend Discount Model
WACC
PM.BK DCF Valuation - Growth Exit 5Y
52.2 %
Upside
What is the DCF valuation of PM.BK?
The Discounted Cash Flow (DCF) valuation of Premier Marketing PCL (PM.BK) is 16.14 THB. With the latest stock price at 10.60 THB, the upside of Premier Marketing PCL based on DCF is 52.2%.
Is PM.BK a buy or a sell?
Based on the latest price of 10.60 THB and our DCF valuation, Premier Marketing PCL (PM.BK) is a buy. Buying PM.BK stocks now will result in a potential gain of 52.2%.
| Range | Selected | |
| WACC / Discount Rate | 6.4% - 9.3% | 7.8% |
| Long-term Growth Rate | 0.0% - 1.0% | 0.5% |
| Fair Price | 12.92 - 21.7 | 16.14 |
| Upside | 21.9% - 104.7% | 52.2% |
10.60 THB
Stock Price
16.14 THB
Fair Price
| (THB in millions) | Projections | |||||
| 12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
| Revenue | 4,918 | 5,370 | 5,478 | 5,820 | 6,112 | 6,475 |
| % Growth | 16% | 9% | 2% | 6% | 5% | 6% |
| Cost of goods sold | (3,306) | (3,610) | (3,682) | (3,912) | (4,108) | (4,352) |
| % of Revenue | 67% | 67% | 67% | 67% | 67% | 67% |
| Selling, G&A expenses | (882) | (963) | (982) | (1,044) | (1,096) | (1,161) |
| % of Revenue | 18% | 18% | 18% | 18% | 18% | 18% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
| % of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
| Net interest & other expenses | (1) | (1) | (1) | (1) | (1) | (1) |
| % of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
| Tax expense | (130) | (154) | (157) | (167) | (175) | (186) |
| Tax rate | 18% | 19% | 19% | 19% | 19% | 19% |
| Net profit | 599 | 643 | 655 | 696 | 731 | 775 |
| % Margin | 12% | 12% | 12% | 12% | 12% | 12% |