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About The Company

CEO

Mr. Anuphong Assavabhokhin

Market Cap

37.75 Billion THB

Sector

Real Estate

Website

https://www.apthai.com

Description

AP (Thailand) Public Company Limited, together with its subsidiaries, engages in the real estate development business in Thailand.

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Overview

Value

23

Growth

20

Health

47

Management

56

Analyst Opinion

77

Total

45

All Scores Out Of 100

Best Features

  • Earnings growth has improved recently
  • Has a low level of debt
  • Low risk of bankruptcy
  • Price-to-earnings ratio of 6.5 is lower than the market average (19.6x)
  • Liked by analysts
  • Has strong dividend growth
  • Low preportion of income is paid as dividend

Risk Factors

  • Income is not covering expenditure and investment
  • No margin of safety at their current market price
  • Poor earnings and cashflow growth
  • Accounting anomalies: Growing revenues without a corresponding growth in cash flows.

Market Peers

AP.BK

Key Figures

PE Ratio (TTM)

6.48

Margin Of Safety (DCF)

-85.31%

Revenue Growth (5 Year Average)

11.75%

Ratings Consensus

Buy

Share Buybacks

N/A

Dividend Yeild (TTM)

0.00%

Valuation

Value Score

23

  • Price-to-earnings ratio of 6.5 is lower than the market average (19.6x)
  • Estimated intrinsic-value of 1.78 THB is lower than current price ( 12.00 THB)
  • Free-cashflow-yeild of -5.35% is worse than the market average (4.7%)
  • Margin-of-safety of -85.31% is worse than the market average (17.95%)

Desired Margin Of Safety

0%

Tip: Set your desired Margin Of Safety

Free Cash Flow Type

Annual Cashflow Growth

0%

Discount Rate

0%

Buy Target: < 8.4 THB

Current Price: 12.1 THB

Negative Cashflows: Cashflow can become negative due to operating losses, investing activities or financing activites. Negative cashflow makes it dificult to use a discounted free cashflow model to assess intrinsic value.

How Does This Work?

Show Advanced Options

This calculator helps investors estimate the Intrinsic Value of a company based on the current value of future cash flows. To use the tool, simply input a desired Margin Of Safety, which is an additional discount applied to the present value of the expected future cash flows. The tool calculates the present value using a discount rate that reflects the risk and time value of money, and provides an estimated target price for the company based on the selected margin of safety. The calculator defaults to using 5 Year Free Cash Flow Growth % and a discount rate based on the US 10-year treasury bond coupon rate. Use our performance analyser to get a feel the impact this has on longterm investment returns and discover a margin of safety you are comfortable with. This can be a useful tool for investors looking to make informed decisions about whether to buy or sell shares of a particular company.

Price/Earnings

6.48x

Free Cashflow Yeild

-5.35%

PE/Earnings Growth

0.87

Price/Book

1.04x

Growth

Growth Score

20

  • 5 Year Average Revenue growth of 11.75% is higher than the market average (10.97%)
  • Revenue growth has improved this yeara
  • Earnings growth has improved this year
  • Free Cashflow growth has improved this year
  • 5 Year Average Earnings growth of 13.40% is lower than the market average (14.48%)
  • 5 Year Average Free Cashflow growth of -24.83% is lower than the market average (12.35%)

Revenue Growth

11.75%

Earnings Growth

13.40%

Cashflow Growth

-24.83%

Health

Health Score

47

  • Low risk of bankruptcy
  • Assets cover liabilities
  • Normal operation does not require debt to be sustainable
  • Cashflow is negative
  • Debt repayments significantly impact cashflow

Altman Z Score

3.07

Piostroski Score

4.00

Debt/Equity

0.66x

Current Assets/Liabilities

4.10x

Free Cashflow/Total Debt

0.09x

Debt/Capital

0.42x

Dividend

Secure Dividend Score

69

  • Dividend is likely safe
  • Long term dividend payout ratio of 32.61% is considered good
  • Payout ratio (TTM) of 0.00% is lower than the average (40%)
  • Dividends have shown growth over the last 5 years
  • Spending a lower percentage of their income on dividends than last 5 years
  • Dividend yeild of 0.00% is less than the market average (1.85%)
  • Dividend growth has been slowing recently

Dividend Yeild

0.00%

Dividend Growth

14.50%

Payout Ratio (Earnings)

0.00%

Payout Ratio (Cashflow)

-0.00%

Management

Management Score

56

  • Has not bought shares or issued new shares in the last 5 years
  • Has returned higher dividends when earnings have risen
  • Return-on-capital-employed of 8.48% is lower than the market average (10%)
  • Return-on-equity of 13.96% is lower than the market average (15%)

Average Buybacks/Dilution

N/A

Recent Buybacks/Dilution

0.00%

5 Year Price Volitility

16.32%

Return On Assets

7.50%

Return On Capital Employed

8.48%

Return On Equity

13.96%

Return On Free Cashflow

62.63%

Return On Investments

N/A

Analysts

Analyst Opinion

77

  • Ratings consensus is Buy

SEC Filings

Find yearly (10-K), quaterly (10-Q) and disclosure (8-K) report here, on the Securities and Exchange Commission's EDGAR database. If reading through reports isn't your cup of tea, don't worry. We've made it easy for you by summarizing all the important bits.

Other Information

Company Name

AP (Thailand) Public Company Limited

Currency

THB

Beta

1.075238

Vol Avg

16938733

Ceo

Mr. Anuphong Assavabhokhin

Cik

Cusip

Exchange

Thailand

Full Time Employees

Industry

Real Estate—Development

Sector

Real Estate

Ipo Date

2000-01-05

Address

Ocean Tower I Building

City

Bangkok

State

Country

TH

Zip

10110

Phone

66 2 261 2518

All financial data provided by FMP

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