Land and Houses (SET:LH) - Stock Price, News & Analysis

LH Stock Overview

Engages in the property development activities in Thailand and the United States. More details

LH fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	4/6
Financial Health	2/6
Dividends	4/6

Rewards

Price-To-Earnings ratio (10.3x) is below the TH market (14.8x)

Earnings are forecast to grow 3.38% per year

Earnings grew by 6.8% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 8.18% is not well covered by free cash flows

Land and Houses Public Company Limited Competitors

Supalai

SET:SPALI

฿38.7b

Frasers Property (Thailand)

SET:FPT

฿29.7b

WHA Corporation

SET:WHA

฿83.7b

AP (Thailand)

SET:AP

฿27.5b

Price History & Performance

Summary of all time highs, changes and price drops for Land and Houses
Historical stock prices
Current Share Price	฿5.50
52 Week High	฿8.20
52 Week Low	฿4.86
Beta	0.61
11 Month Change	-8.33%
3 Month Change	0.92%
1 Year Change	-29.49%
33 Year Change	-37.50%
5 Year Change	-44.44%
Change since IPO	-17.08%

Recent updates

Shareholder Returns

	LH	TH Real Estate	TH Market
7D	4.8%	0.6%	0.8%
1Y	-29.5%	-10.5%	3.1%

Return vs Industry: LH underperformed the TH Real Estate industry which returned -10.5% over the past year.

Return vs Market: LH underperformed the TH Market which returned 3.1% over the past year.

Price Volatility

Is LH's price volatile compared to industry and market?
LH volatility
LH Average Weekly Movement	4.2%
Real Estate Industry Average Movement	4.8%
Market Average Movement	4.8%
10% most volatile stocks in TH Market	10.3%
10% least volatile stocks in TH Market	2.4%

Stable Share Price: LH has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: LH's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1973	n/a	Naporn Sunthornchitcharoen	www.lh.co.th

Land and Houses Public Company Limited engages in the property development activities in Thailand and the United States. It operates in two segments, Real Estate Business, and Rental and Service Business. The company’s Real Estate Business segment develops and sells single detached houses, townhouses, and residence condominium projects.

Land and Houses Public Company Limited Fundamentals Summary

How do Land and Houses's earnings and revenue compare to its market cap?
LH fundamental statistics
Market cap	฿65.13b
Earnings (TTM)	฿6.39b
Revenue (TTM)	฿28.97b

10.3x

P/E Ratio

2.3x

P/S Ratio

Is LH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LH income statement (TTM)
Revenue	฿28.97b
Cost of Revenue	฿18.30b
Gross Profit	฿10.68b
Other Expenses	฿4.28b
Earnings	฿6.39b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.53
Gross Margin	36.85%
Net Profit Margin	22.06%
Debt/Equity Ratio	141.9%

How did LH perform over the long term?

See historical performance and comparison

Dividends

8.2%

Current Dividend Yield

84%

Payout Ratio

Does LH pay a reliable dividends?

See LH dividend history and benchmarks

When do you need to buy LH by to receive an upcoming dividend?
Land and Houses dividend dates
Ex Dividend Date	Nov 28 2024
Dividend Pay Date	Dec 13 2024
Days until Ex dividend	6 days
Days until Dividend pay date	21 days

Does LH pay a reliable dividends?

See LH dividend history and benchmarks

LH Stock Overview

Rewards

Risk Analysis

Land and Houses Public Company Limited Competitors

SET:SPALI

฿38.7b

SET:FPT

฿29.7b

SET:WHA

฿83.7b

SET:AP

฿27.5b

Price History & Performance

Recent News & Updates

Upcoming dividend of ฿0.15 per share

Now 20% undervalued

Price target decreased by 10% to ฿6.89

Price target decreased by 7.2% to ฿7.22

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Land and Houses Public Company Limited Appoints Kluaymai Devahastin as an Independent Director and Chairman of the Audit Committee

Recent updates

Upcoming dividend of ฿0.15 per share

Now 20% undervalued

Price target decreased by 10% to ฿6.89

Price target decreased by 7.2% to ฿7.22

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Land and Houses Public Company Limited Appoints Kluaymai Devahastin as an Independent Director and Chairman of the Audit Committee

Land and Houses Public Company Limited Announces Resignation of Chadanuch Meepien as Director, Independent Director, and the Chairman of the Audit Committee, Effective from 30 June 2024

First quarter 2024 earnings released: EPS: ฿0.10 (vs ฿0.11 in 1Q 2023)

Upcoming dividend of ฿0.30 per share

Land and Houses Public Company Limited Approves Dividend for 2023, Payable on May 21, 2024

Final dividend of ฿0.30 announced

Full year 2023 earnings released: EPS: ฿0.63 (vs ฿0.70 in FY 2022)

Land and Houses Public Company Limited Announces Dividend Operating Period from 01-Jul-2023 to 31-Dec-2023, Payable on May 21, 2024

Land and Houses Public Company Limited to Report Q1, 2024 Results on May 14, 2024

Consensus revenue estimates fall by 13%

Third quarter 2023 earnings released: EPS: ฿0.10 (vs ฿0.19 in 3Q 2022)

Upcoming dividend of ฿0.20 per share at 8.4% yield

Land and Houses Public Company Limited Announces Cash Dividend Payment for the Operating Period from 01 January 2023 to 30 June 2023, Payable on 8 September 2023

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Land and Houses Public Company Limited Announces Management Changes

Land and Houses Public Company Limited Announces the Resignation of Pakhawat Kovithvathanaphong as Director, Independent Director, and the Chairman of the Audit Committee

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of ฿0.35 per share at 7.1% yield

Full year 2022 earnings released: EPS: ฿0.70 (vs ฿0.58 in FY 2021)

Land and Houses Public Company Limited, Annual General Meeting, Apr 27, 2023

Land and Houses Public Company Limited to Report Q2, 2023 Results on Aug 10, 2023

Insufficient new directors

Third quarter 2022 earnings: EPS exceeds analyst expectations

Upcoming dividend of ฿0.25 per share

Land and Houses Public Company Limited to Report Q3, 2022 Results on Nov 10, 2022

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Land and Houses Public Company Limited Announces Dividend for the Operating Period from January 1, 2022 to June 30, 2022, Payable on September 9, 2022

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of ฿0.25 per share

Insufficient new directors

Land and Houses Public Company Limited Proposes Annual Dividend Payment for 2021, Payable on May 20, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Land and Houses Public Company Limited, Annual General Meeting, Apr 26, 2022

Third quarter 2021 earnings released: EPS ฿0.11 (vs ฿0.17 in 3Q 2020)

Upcoming dividend of ฿0.25 per share

Second quarter 2021 earnings released: EPS ฿0.15 (vs ฿0.12 in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.15 (vs ฿0.11 in 1Q 2020)

Upcoming dividend of ฿0.30 per share

Land and Houses Public Company Limited Approves Dividend for the Year 2020, Payable on May 21, 2021

Revenue and earnings beat expectations

Full year 2020 earnings released: EPS ฿0.60 (vs ฿0.84 in FY 2019)

Land and Houses Public Company Limited, Annual General Meeting, Apr 27, 2021

Land and Houses Public Company Limited to Report Q3, 2021 Results on Nov 11, 2021

New 90-day high: ฿8.35

New 90-day high: ฿7.80

Third quarter 2020 earnings released: EPS ฿0.17

Earnings beat expectations, revenue disappoints

New 90-day low: ฿6.60

New 90-day low: ฿6.80

New 90-day low - ฿7.25

First half earnings released

Shareholder Returns

Price Volatility

About the Company