How does NCH-R's PE Ratio compare to its peers?

NCH-R is expensive based on its Price-To-Earnings Ratio (40.1x) compared to the peer average (18.9x).

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

NCH-R is expensive based on its Price-To-Earnings Ratio (40.1x) compared to the TH Real Estate industry average (13.7x).

What is NCH-R'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.

Insufficient data to calculate NCH-R's Price-To-Earnings Fair Ratio for valuation analysis.

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

NCH-R (THB0.71) is trading below our estimate of [[fair value]] (THB9.07)

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

Insufficient data to show price forecast.

NCH-R Stock Overview

Operates as a real estate development company in Thailand. More details

NCH-R fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	3/6
Dividends	4/6

Rewards

Trading at 92.2% below our estimate of its fair value

Risk Analysis

Interest payments are not well covered by earnings

Does not have a meaningful market cap (THB884M)

Profit margins (1.4%) are lower than last year (8%)

Dividend of 7.04% is not well covered by earnings

My Notes

Capture your thoughts, links and company narrative

N.C. Housing Public Company Limited Competitors

Villa Kunalai

SET:KUN

฿913.9m

Ornsirin Holding

SET:ORN

฿1.1b

Peace & Living

SET:PEACE

฿1.2b

SEN X

SET:SENX

฿1.3b

Price History & Performance

Summary of share price highs, lows and changes for N.C. Housing
Historical stock prices
Current Share Price	฿0.71
52 Week High	฿1.18
52 Week Low	฿0.71
Beta	0.81
1 Month Change	-4.05%
3 Month Change	-11.25%
1 Year Change	-29.70%
3 Year Change	-59.20%
5 Year Change	-15.48%
Change since IPO	-95.25%

Recent updates

Shareholder Returns

	NCH-R	TH Real Estate	TH Market
7D	-2.7%	-4.2%	-4.7%
1Y	-29.7%	-18.5%	-3.4%

Return vs Industry: NCH-R underperformed the TH Real Estate industry which returned -18.5% over the past year.

Return vs Market: NCH-R underperformed the TH Market which returned -3.4% over the past year.

Price Volatility

Is NCH-R's price volatile compared to industry and market?
NCH-R volatility
NCH-R Average Weekly Movement	3.4%
Real Estate Industry Average Movement	4.1%
Market Average Movement	4.3%
10% most volatile stocks in TH Market	8.9%
10% least volatile stocks in TH Market	2.1%

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

Volatility Over Time: NCH-R's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1994	n/a	Somchao Tanthathoedtham	www.ncgroup.co.th

N.C. Housing Public Company Limited operates as a real estate development company in Thailand. It develops and sells houses and land, detached houses, twin houses, townhouses, and condominiums; provides contractor, construction, and project and property management services; intermediate care and wellness services; and rents space in club houses, health rehabilitation and senior care centers, etc. The company was incorporated in 1994 and is headquartered in Pathum Thani, Thailand. N.C.

N.C. Housing Public Company Limited Fundamentals Summary

How do N.C. Housing's earnings and revenue compare to its market cap?
NCH-R fundamental statistics
Market cap	฿884.15m
Earnings (TTM)	฿22.07m
Revenue (TTM)	฿1.55b

40.1x

P/E Ratio

0.6x

P/S Ratio

Is NCH-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NCH-R income statement (TTM)
Revenue	฿1.55b
Cost of Revenue	฿1.04b
Gross Profit	฿502.93m
Other Expenses	฿480.86m
Earnings	฿22.07m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.018
Gross Margin	32.53%
Net Profit Margin	1.43%
Debt/Equity Ratio	56.8%

How did NCH-R perform over the long term?

See historical performance and comparison

Dividends

7.0%

Current Dividend Yield

282%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 16:26
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

N.C. Housing Public Company Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Danai Tunyaphisitchai	Phillip Securities (Thailand) PCL