Risk factor
Very poor trading liquidity
Profitability factor
Undervalued vs peers
About
Noble Development Public Company Limited, along with its subsidiaries, is a prominent real estate developer and seller operating within Thailand. Beyond property sales, it also provides construction, property leasing and management, and specialized construction consulting services. Its diverse portfolio encompasses undeveloped land, detached houses, townhouses, and condominium units. Furthermore, the company offers comprehensive project management and dedicated after-delivery support to its customers. Established in 1991, Noble Development's headquarters are located in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/