Relatives valuation of officemate public company limited.

Abstract

This thematic paper purposefully explains the relatives valuation of my selected company, OfficeMate Public Company Limited (OFM), which compares the company’s value to its competitors in order to determine its financial worth. I selected BIGC and SE-ED bookstores as OFM’s direct competitors due to the similarity of its business. Some examples of the relatives valuations judgements are Forward Price to Earnings Ratio Multiple, Forward Price to Book Value Multiples and Forward EV to EBITDA Multiples. Competitors’ financial information are used to support and determine whether the share price of OFM are overvalued or undervalued in relative to its competitors. . As a result, the valuation of OfficeMate and in depth analysis of the economy and industry, illustrates the undervalued of the company’s price in comparison with its current price as of 31 October 2014, it is therefore recommended to “BUY”.

KEY WORDS: valuation, relatives, stationary, office supplies