Risk factor
Very high price volatility
Profitability factor
Very unfavourable price performance
About
Grand Canal Land Public Company Limited (GLAND.BK) functions as a property developer throughout Thailand. Its business operations are structured into two principal divisions: properties available for sale and properties for rental and services. The sales division primarily focuses on the construction and marketing of residential developments, which include land parcels, houses, and condominium units. Simultaneously, the rental and services division oversees and leases commercial office buildings. In addition to these core real estate activities, the company also manages hotels and provides investment management services. Founded in 1985, the firm was formerly known as Media of Medias Public Company Limited before adopting its current name, Grand Canal Land Public Company Limited, in May 2010. Its main office is situated in Bangkok, Thailand, and it operates as a subsidiary of CPN Pattaya Company Limited.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV