Vacation RentalReal Estate TechnologyCommercial Real EstateConstructionReal Estate
Description
AP (Thailand) Public Company Limited specializes in real estate development, encompassing a range of operational segments, including low-rise and high-rise properties, along with various additional services related to the real estate market. The comp…
Analysis
Bargain bin
AP (Thailand) Public Company Limited falls in the bargain bin: the price is low relative to peers, but the business metrics give reason to pause. One caution: reported profits have recently run ahead of actual cash, which we track closely.
The price is attractive. You pay 5.0× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -13% yearly growth; analysts expect 4%. The price, in other words, assumes less than the experts do.
The trajectory is solid and the balance sheet is adequate. The company scores 10/20 on our value-creation score: creating some value. Analysts lean positive.
What to watch: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 2023100
100
2023202420252026
All-time high
100
Jun 2026
All-time low
74
Jan 2024
Average rank
94
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
73
94
92
91
Price/Earnings
79
86
90
83
Price/Book
58
79
75
72
Dividend Yield
93
82
85
80
Value (overall)
94
89
95
95
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.