Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
Frasers Property (Thailand) Public Company Limited, along with its subsidiaries, primarily specializes in the development of industrial real estate across Thailand. The company constructs and sells a diverse portfolio of residential properties, including detached houses, semi-detached houses, and townhomes. Its industrial property services encompass the development of pre-built and custom-designed factories and warehouses, in addition to providing investment and property management, trust management, and various supplementary services like facility alterations, utility procurement, and permit acquisition. Furthermore, Frasers Property (Thailand) operates in the commercial property sector, managing serviced apartments, hotels, and office complexes. Founded in 1990 and headquartered in Bangkok, Thailand, the company officially rebranded from TICON Industrial Connection Public Company Limited to its current name in January 2019.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on EV/EBITDA
Target Price
The average target price of FPT.BK is 12 and suggests 84% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa