AP-F Stock Overview

Engages in the real estate development business in Thailand. More details

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

Rewards

Price-To-Earnings ratio (5x) is below the TH market (13.8x)

Earnings are forecast to grow 6.9% per year

Risk Analysis

Debt is not well covered by operating cash flow

Shares are highly illiquid

Dividend of 8.64% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

AP (Thailand) Public Company Limited Competitors

Frasers Property (Thailand)

SET:FPT

฿28.1b

Sansiri

SET:SIRI

฿29.7b

Quality Houses

SET:QH

฿18.1b

Supalai

SET:SPALI

฿34.2b

Price History & Performance

Summary of share price highs, lows and changes for AP (Thailand)
Historical stock prices
Current Share Price	฿10.00
52 Week High	฿11.70
52 Week Low	฿7.55
Beta	0.97
1 Month Change	0%
3 Month Change	2.04%
1 Year Change	n/a
3 Year Change	6.95%
5 Year Change	51.52%
Change since IPO	79.01%

Recent updates

Shareholder Returns

	AP-F	TH Real Estate	TH Market
7D	0%	-4.2%	-4.7%
1Y	n/a	-18.5%	-3.4%

Return vs Industry: Insufficient data to determine how AP-F performed against the TH Real Estate industry.

Return vs Market: Insufficient data to determine how AP-F performed against the TH Market.

Price Volatility

Is AP-F's price volatile compared to industry and market?
AP-F volatility
AP-F Average Weekly Movement	n/a
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: AP-F's share price has been volatile over the past 3 months compared to the TH market.

Volatility Over Time: Insufficient data to determine AP-F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1984	n/a	Anuphong Assavabhokhin	www.apthai.com

AP (Thailand) Public Company Limited, together with its subsidiaries, engages in the real estate development business in Thailand. It operates in three segments: Low–Rise, High–Rise, and Other. The Low-rise segment is involved in development of single detached houses and townhouses.

AP (Thailand) Public Company Limited Fundamentals Summary

How do AP (Thailand)'s earnings and revenue compare to its market cap?
AP-F fundamental statistics
Market cap	฿25.48b
Earnings (TTM)	฿5.06b
Revenue (TTM)	฿37.49b

5.0x

P/E Ratio

0.7x

P/S Ratio

Is AP-F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AP-F income statement (TTM)
Revenue	฿37.49b
Cost of Revenue	฿24.02b
Gross Profit	฿13.48b
Other Expenses	฿8.41b
Earnings	฿5.06b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.61
Gross Margin	35.95%
Net Profit Margin	13.50%
Debt/Equity Ratio	78.8%

How did AP-F perform over the long term?

See historical performance and comparison

Dividends

8.6%

Current Dividend Yield

44%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 08:15
End of Day Share Price	2024/09/27 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

AP (Thailand) Public Company Limited is covered by 43 analysts. 15 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
Therdsak Thaveeteeratham	Asia Plus Securities Company Limited
Chutima Woramontri	BNP Paribas Securities (Asia)
Narumon Ekasamut	BofA Global Research