Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Eastern Star Real Estate Public Company Limited, together with its subsidiaries, engages in the property development business in Thailand. The company operates through three segments: Real Estate Business, Golf Course Business, and Rental Business. It develops and sells houses, land, and residential condominium units; and rents single detached houses and apartment buildings. The company also operates a golf courses, as well as offers sports memberships. Further, it engages in the real estate management and administration business. Eastern Star Real Estate Public Company Limited was founded in 1989 and is headquartered in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD