Amata Corporation Public Company Limited

SET:AMATA Stock Report

Market Cap: ฿33.4b

Amata Corporation Valuation

Is AMATA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AMATA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AMATA (THB28.25) is trading below our estimate of fair value (THB29.8)

Significantly Below Fair Value: AMATA is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AMATA?

Key metric: As AMATA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AMATA. This is calculated by dividing AMATA's market cap by their current earnings.
What is AMATA's PE Ratio?
PE Ratio18.3x
Earnings฿1.77b
Market Cap฿33.35b

Price to Earnings Ratio vs Peers

How does AMATA's PE Ratio compare to its peers?

The above table shows the PE ratio for AMATA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average9.5x
SIRI Sansiri
6.1x0.3%฿30.4b
SPALI Supalai
6.1x1.8%฿37.9b
FPT Frasers Property (Thailand)
20.3xn/a฿29.5b
AP AP (Thailand)
5.4x7.2%฿27.5b
AMATA Amata Corporation
18.3x21.2%฿33.4b

Price-To-Earnings vs Peers: AMATA is expensive based on its Price-To-Earnings Ratio (18.3x) compared to the peer average (9.5x).

Price to Earnings Ratio vs Industry

How does AMATA's PE Ratio compare vs other companies in the TH Real Estate Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
WORLD World Corporation
1.8xn/aUS$4.34m
No more companies available in this PE range
AMATA 18.3xIndustry Avg. 14.7xNo. of Companies7PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AMATA is expensive based on its Price-To-Earnings Ratio (18.3x) compared to the TH Real Estate industry average (14.7x).

Price to Earnings Ratio vs Fair Ratio

What is AMATA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AMATA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.3x
Fair PE Ratio10.9x

Price-To-Earnings vs Fair Ratio: AMATA is expensive based on its Price-To-Earnings Ratio (18.3x) compared to the estimated Fair Price-To-Earnings Ratio (10.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AMATA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current฿28.25
฿32.40
+14.7%
8.2%฿37.00฿27.30n/a15
Nov ’25฿29.25
฿30.97
+5.9%
6.7%฿35.00฿27.30n/a15
Oct ’25฿25.25
฿28.94
+14.6%
5.0%฿31.00฿26.00n/a15
Sep ’25฿21.90
฿29.09
+32.8%
4.6%฿31.00฿26.00n/a15
Aug ’25฿23.80
฿29.23
+22.8%
4.7%฿31.00฿26.00n/a15
Jul ’25฿22.40
฿29.35
+31.0%
4.5%฿31.00฿26.00n/a14
Jun ’25฿23.00
฿29.30
+27.4%
4.4%฿31.00฿26.00n/a14
May ’25฿22.70
฿29.21
+28.7%
5.0%฿31.00฿26.00n/a14
Apr ’25฿23.80
฿29.15
+22.5%
5.1%฿31.00฿26.00n/a13
Mar ’25฿22.70
฿29.07
+28.1%
5.3%฿31.00฿26.00n/a13
Feb ’25฿21.10
฿28.97
+37.3%
5.0%฿31.00฿26.00n/a13
Jan ’25฿26.75
฿29.51
+10.3%
8.0%฿35.00฿26.00n/a13
Dec ’24฿25.75
฿29.74
+15.5%
7.3%฿35.00฿26.00n/a13
Nov ’24฿23.90
฿28.60
+19.7%
8.2%฿35.00฿25.80฿29.2513
Oct ’24฿24.40
฿28.41
+16.4%
8.5%฿35.00฿25.80฿25.2513
Sep ’24฿25.25
฿28.41
+12.5%
8.5%฿35.00฿25.80฿21.9013
Aug ’24฿23.50
฿26.93
+14.6%
17.5%฿35.00฿13.20฿23.8013
Jul ’24฿22.20
฿26.20
+18.0%
17.7%฿35.00฿13.20฿22.4013
Jun ’24฿22.70
฿26.44
+16.5%
17.9%฿35.00฿13.20฿23.0012
May ’24฿23.30
฿24.93
+7.0%
16.0%฿28.00฿13.20฿22.7011
Apr ’24฿22.70
฿25.27
+11.3%
15.5%฿28.00฿13.20฿23.8011
Mar ’24฿20.30
฿23.02
+13.4%
17.8%฿27.00฿13.20฿22.7011
Feb ’24฿20.30
฿23.02
+13.4%
17.8%฿27.00฿13.20฿21.1011
Jan ’24฿21.30
฿22.77
+6.9%
17.5%฿26.25฿13.20฿26.7511
Dec ’23฿19.90
฿22.60
+13.5%
18.1%฿26.25฿13.20฿25.7510
Nov ’23฿19.50
฿22.50
+15.4%
16.9%฿26.00฿13.20฿23.9011

Analyst Forecast: Target price is less than 20% higher than the current share price.

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