Risk factor
Very poor trading liquidity
Profitability factor
Undervalued vs peers
About
N.C. Housing Public Company Limited is a Thai real estate firm primarily focused on property development. The company's portfolio includes the creation and sale of various residential offerings, such as entire housing estates, individual land plots, detached and semi-detached homes, townhouses, and multi-unit condominiums. Beyond development, N.C. Housing also offers contracting, construction, and comprehensive project and property management services. Additionally, it generates revenue through the rental of spaces within facilities like clubhouses, health rehabilitation centers, and senior care facilities. Established in 1963, the company is headquartered in Pathum Thani, Thailand, and operates as a subsidiary of NCH 2555 Holding Company Limited.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is underpriced on P/FCF.