Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Eastern Star Real Estate Public Company Limited, alongside its subsidiaries, primarily engages in property development activities throughout Thailand. The company's operations are structured into three distinct areas: Real Estate, Golf Course Management, and Property Leasing. Its real estate division is responsible for the creation and sale of land plots, houses, and residential condominium units, in addition to renting out various properties. Furthermore, the company manages golf courses and offers sports club memberships. Established in 1989, Eastern Star Real Estate Public Company Limited maintains its headquarters in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT