Risk factor
Very poor trading liquidity
Profitability factor
Undervalued vs peers
About
Singha Estate Public Company Limited is a Thailand-based property developer. The company and its subsidiaries are engaged in the development and investment of real estate for rental and sale, hospitality business, and related businesses in Thailand and overseas. Its business is divided into four main segments: residential property, hospitality, commercial property, and industrial estate and infrastructure. The company develops a range of residential projects, including single-detached houses, home offices, and condominiums.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA, undervalued on P/FC.