Risk factor
Critical default risk
Profitability factor
Decent dividends
About
Bangkok Land Public Company Limited, alongside its affiliated entities, operates as a diversified enterprise within Thailand, primarily focusing on real estate development. The company is responsible for the creation, leasing, and sale of a wide array of properties, ranging from residential options like single-family homes, townhouses, and condominiums, to commercial ventures such as high-rise office complexes, shophouses, shopping malls, and community retail centers. Beyond its core property operations, Bangkok Land also holds significant interests in the exhibition and convention sector, invests in the hospitality industry through hotel ownership, and manages extensive food and beverage services, encompassing various restaurants, catering facilities, retail outlets, and fresh food markets. Its comprehensive suite of services further extends to providing financial solutions, project and infrastructure management, building maintenance and administration, environmental services including landscaping and waste treatment, and the management of real estate investment trusts. Established in 1973 and headquartered in Nonthaburi, Thailand, the company also issues foreign currency bonds.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, undervalued on EV