Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
AP.BK
Strong BuyUnloved QualityAP (Thailand) Public Company Limited · Real Estate · Thailand · $776M · Avg Vol: $2M/d
COMPANY DESCRIPTION
AP (Thailand) Public Company Limited, together with its subsidiaries, engages in the provision of real estate development business in Thailand. It operates through three segments: LowRise, HighRise, and Other.
FINANCIAL SUMMARY (THB)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 38.5B | 38.0B | 37.0B | 37.3B | -1.0% | 40.2B | 39.6B | 41.1B | 4.9% |
| EPS (THB) | 1.87 | 1.92 | 1.60 | 1.37 | -9.9% | 1.41 | 1.44 | 1.57 | 7.0% |
| Shares | 3.1B | 3.1B | 3.1B | 3.1B | 0.0% | 3.1B | — | — | — |
| Debt | 23.1B | 34.4B | 33.1B | 31.3B | 10.7% | 33.5B | — | — | — |
| Equity | 36.7B | 40.8B | 43.7B | 46.1B | 7.8% | — | — | — | — |
| Op CF | -1.9B | -10.8B | 3.1B | 1.8B | -40.3% | 1.8B | — | — | — |
| Inv CF | 1.3B | -227.9M | -309.0M | 1.3B | — | — | — | — | — |
| Fin CF | 136.3M | 11.5B | -2.2B | -3.8B | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of AP.BK are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| AP.BK | AP (Thailand) Public Company Limited(you) | $776M | 90 | Strong Buy |
| SPALI.BK | Supalai Public Company Limited | $926M | 88 | Strong Buy |
| FPT.BK | Frasers Property (Thailand) Public Company Limited | $508M | 92 | Strong Buy |
| QH.BK | Quality Houses Public Company Limited | $455M | 88 | Strong Buy |
| SIRI.BK | Sansiri Public Company Limited | $781M | 75 | Buy |
| AMATA.BK | Amata Corporation Public Company Limited | $1.1B | 100 | Strong Buy |
| TITLE.BK | Rhom Bho Property Public Company Limited | $214M | 88 | Strong Buy |
| ASW.BK | Assetwise Public Company Limited | $216M | 92 | Strong Buy |
| SC.BK | SC Asset Corporation Public Company Limited | $263M | 97 | Strong Buy |
| PSH.BK | Pruksa Holding Public Company Limited | $251M | 66 | Buy |
Peer medians: ROE 7.2% · P/E 9.3x · Gross margin 54.9%