Is PUTRF undervalued?

AlphaMadera's AlphaVal page classifies PTT Public Company Limited as a Oil & Gas E&P business and values it using FCF at Price Deck × Multiple, then compares the result to the current market price to flag PUTRF as undervalued, fairly valued, or overvalued.

What is PTT Public Company Limited's fair value?

Fair value for PUTRF comes from a FCF at Price Deck × Multiple model -- the approach AlphaVal selected for this company's Oil & Gas E&P classification. The live AlphaVal page shows bear, base, and bull scenarios alongside the key assumption behind each.

How does AlphaMadera value PUTRF?

AlphaVal routes each company to one of ten valuation archetypes based on its business model. PUTRF was classified as Oil & Gas E&P and is valued using FCF at Price Deck × Multiple, built from PUTRF's most recent reported fundamentals.

PUTRF - PTT Public Company Limited

Price: -- --

AlphaVal

Deterministic, archetype-aware fair value

Oil & Gas E&P 85% confidence

Primary model: FCF at Price Deck × Multiple

Valuation Signal Undervalued Strong

Trading 54.8% below fair value

Current Price $0.87

Bear Case $1.00 15.5% upside ($1.00 - $0.87) / $0.87 = 15.5% FCF $3818M × 12x

Fair Value $1.92 121.3% upside ($1.92 - $0.87) / $0.87 = 121.3% FCF $4492M × 16x

Bull Case $3.03 249.0% upside ($3.03 - $0.87) / $0.87 = 249.0% FCF $5166M × 20x

Adjust Assumptions

Oil Price ($/bbl)

75.0$/bbl

EV/FCF Multiple

16.0x

Key Value Driver

Oil price assumption ($75/bbl base case)

Terminal Value % of EV

Implied Market Multiple 9.3x

Market is pricing in (growth)

Plain-Language Summary

At $75/bbl oil with a 16x EV/FCF multiple, intrinsic value is $1.92 per share. Range: $1.00 (bear) to $3.03 (bull).

Warnings

⚠ Debt per share ($0.61) is significant relative to the stock price. Even small changes in the debt figure meaningfully shift what each share is worth.

ℹ Where you think oil prices will settle long-term drives over 80% of this valuation. The biggest risk isn't the company itself — it's getting the commodity price wrong.

ℹ Financial statements were converted from THB into USD using USDTHB at 0.0298 USD per THB.

Key Risks

Growth DCF inappropriate — commodity volumes do not compound
Geopolitical premiums are real but historically temporary
Reserve replacement ratio below 100% for 3 years is existential