Lalin Property Valuation

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

LALIN (THB6.25) is trading above our estimate of [[fair value]] (THB3.95)

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

Valuation Score

2/6

Valuation Score 2/6

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 LALIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LALIN (THB6.25) is trading above our estimate of fair value (THB3.95)

Significantly Below Fair Value: LALIN is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for LALIN. This is calculated by dividing LALIN's market cap by their current earnings.
What is LALIN's PE Ratio?
PE Ratio	8.9x
Earnings	฿646.48m
Market Cap	฿5.78b

LALIN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	3x
Enterprise Value/EBITDA	14.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for LALIN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	14.1x
LPN L.P.N. Development	17x	27.8%	฿4.1b
ORI Origin Property	6.4x	11.0%	฿10.5b
SA Siamese Asset	24.1x	n/a	฿8.9b
SENA Sena Development	8.8x	n/a	฿3.3b
LALIN Lalin Property	8.9x	n/a	฿5.8b

Price-To-Earnings vs Peers: LALIN is good value based on its Price-To-Earnings Ratio (8.9x) compared to the peer average (14.1x).

Price to Earnings Ratio vs Industry

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

1 Company	Price / Earnings	Estimated Growth	Market Cap
WORLD World Corporation	1.8x	n/a	US$4.34m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: LALIN is good value based on its Price-To-Earnings Ratio (8.9x) compared to the TH Real Estate industry average (14.7x).

Price to Earnings Ratio vs Fair Ratio

What is LALIN'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.

LALIN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate LALIN's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

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