Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Property Perfect Public Company Limited, along with its affiliated entities, primarily operates in Thailand's real estate sector. Its development portfolio encompasses a broad range of properties, including detached homes, semi-detached residences, townhouses, apartment complexes, retail centers, corporate buildings, commercial districts, investment-focused retail ventures, hotels, and international properties. Beyond development, the company is engaged in residential property leasing, managing hospitality venues such as resorts, spas, and hotels, and offering property management and contractor oversight services. Additionally, it provides construction solutions, makes strategic investments in various companies and projects, and manufactures and installs prefabricated components for structures like houses, townhouses, project fences, and condominiums. Its diverse operations also extend to the production and distribution of medical rubber gloves, the management of fitness and sports clubs, and the cultivation and sale of agricultural goods. The company was established in 1985 and maintains its principal office in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is undervalued on EV/EBITDA, underpriced on P/FC.