Nirvana Development Public Company Limited

SET:NVD-R Stock Report

Market Cap: ฿2.3b

Nirvana Development Valuation

Is NVD-R 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 NVD-R when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NVD-R (THB1.43) is trading above our estimate of fair value (THB0.31)

Significantly Below Fair Value: NVD-R is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NVD-R?

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

The above table shows the Price to Earnings ratio for NVD-R. This is calculated by dividing NVD-R's market cap by their current earnings.
What is NVD-R's PE Ratio?
PE Ratio15.2x
Earnings฿148.76m
Market Cap฿2.27b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for NVD-R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.8x
PRIN Prinsiri
25.4xn/a฿2.6b
SENX SEN X
16.8xn/a฿1.4b
PEACE Peace & Living
15.9xn/a฿1.3b
KUN Villa Kunalai
33.2xn/a฿951.4m
NVD-R Nirvana Development
14.9xn/a฿2.2b

Price-To-Earnings vs Peers: NVD-R is good value based on its Price-To-Earnings Ratio (14.9x) compared to the peer average (22.8x).

Price to Earnings Ratio vs Industry

How does NVD-R'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
NVD-R 15.2xIndustry Avg. 15.3xNo. of Companies7PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NVD-R is good value based on its Price-To-Earnings Ratio (14.9x) compared to the TH Real Estate industry average (15.3x).

Price to Earnings Ratio vs Fair Ratio

What is NVD-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.

NVD-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NVD-R'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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