Nirvana Development Valuation

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

Below Fair Value: NVD (THB1.45) is trading above our estimate of fair value (THB0.31)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for NVD. This is calculated by dividing NVD's market cap by their current earnings.
What is NVD's PE Ratio?
PE Ratio	15.1x
Earnings	฿148.76m
Market Cap	฿2.25b

NVD 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	7.6x
Enterprise Value/EBITDA	119.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for NVD 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	15.8x
PRIN Prinsiri	19.3x	n/a	฿2.9b
SENX SEN X	17.8x	n/a	฿1.5b
PEACE Peace & Living	17.1x	n/a	฿1.3b
SENA Sena Development	8.8x	n/a	฿3.3b
NVD Nirvana Development	15.1x	n/a	฿2.3b

Price-To-Earnings vs Peers: NVD is good value based on its Price-To-Earnings Ratio (15.1x) compared to the peer average (15.8x).

Price to Earnings Ratio vs Industry

How does NVD'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: NVD is expensive based on its Price-To-Earnings Ratio (15.1x) compared to the TH Real Estate industry average (14.7x).

Price to Earnings Ratio vs Fair Ratio

What is NVD'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 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	15.1x
Fair PE Ratio	n/a

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