Risk factor
Vulnerable to price shocks
Profitability factor
Excellent dividends
About
AP (Thailand) Public Company Limited, along with its affiliated entities, specializes in real estate development across Thailand. The company's business activities are structured into three main divisions: Low-Rise, High-Rise, and an "Other" segment. The Low-Rise division is responsible for constructing detached houses and townhouses, while the High-Rise division concentrates on developing condominium projects. Beyond property construction, the "Other" segment offers a variety of services, including after-sales support, property brokerage, and construction services, alongside educational and training programs. Founded in 1991, the company, headquartered in Bangkok, Thailand, adopted its current name in May 2013, having previously operated as Asian Property Development Public Company Limited.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, overp
Target Price
The average target price of AP.BK is 9.15 and suggests 15.1% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc