Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
M Pictures Entertainment Public Company Limited invests in company that engages in the movie media business in Thailand. It is involved in the production and distribution of film rights; provides and acquires Thai and International films copyrights for cinema; provides rights to free TV, cable TV, pay TV, video on demand, and other digital media. M Pictures Entertainment Public Company Limited was formerly known as Traffic Corner Holdings Public Company Limited and changed its name to M Pictures Entertainment Public Company Limited in May 2008. The company was incorporated in 2001 and is headquartered in Bangkok, Thailand. M Pictures Entertainment Public Company Limited is a subsidiary of Major Cineplex Group Public Company Limited.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on EV/
