Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Siamese Asset Public Company Limited is a prominent property developer operating within Thailand. The company's core business involves creating and selling a diverse portfolio of residential properties, including condominiums, single-family homes, townhouses, and home office units. Alongside development, it provides juristic person management services for its projects. The firm has also expanded its ventures into various other sectors, such as hotel operations, leasing commercial spaces, food and beverage services, spa and wellness facilities, technology initiatives, and financial investments. Established in 2010, the company's corporate headquarters are situated in Bangkok, Thailand.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, overvalued