RELATIVE VALUATION OF COM7 PUBLIC COMPANY LIMITED

Abstract

This valuation report purposes to figure out the target price of COM7 Public Company Limited (COM7) by relative valuation method with COM7, one of the most biggest IT products company in Thailand. According to the results based on Trailing and Forward Price Earning (PE) and Price-to-Book Value (PBV) multiples method, on 25 April 2022. The target price of COM7 for the year ended 2022 should be 41.5 Baht per Share and for the year ended 2023 should be 48.79 Baht per Share by using the average price of each band. Both of the target prices from the result is closed to the current price of 42.25 Baht on 15 March 2022. The recommendation would be that the investors should “HOLD” the shares. The year ended 2022, the price of shares tend to be the same as the target price and even in the year ended 2023.