Ally Freehold And Leasehold Real Estate Investment Trust

SET:ALLY Stock Report

Market Cap: ฿4.6b

Ally Freehold And Leasehold Real Estate Investment Trust Valuation

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

Below Fair Value: ALLY (THB5.2) is trading above our estimate of fair value (THB0.6)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ALLY. This is calculated by dividing ALLY's market cap by their current earnings.
What is ALLY's PE Ratio?
PE Ratio11.4x
Earnings฿397.16m
Market Cap฿4.59b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ALLY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10x
FUTURERT Future City Leasehold Real Estate Investment Trust
14xn/a฿6.6b
LHSC LH Shopping Centers Leasehold Real Estate Investment Trust
7.3x28.2%฿5.4b
TTLPF Talaad Thai Leasehold Property Fund
13.7xn/a฿2.8b
MJLF Major Cineplex Lifestyle Leasehold Property Fund
5xn/a฿1.4b
ALLY Ally Freehold And Leasehold Real Estate Investment Trust
11.4x29.2%฿4.6b

Price-To-Earnings vs Peers: ALLY is expensive based on its Price-To-Earnings Ratio (11.4x) compared to the peer average (10x).

Price to Earnings Ratio vs Industry

How does ALLY's PE Ratio compare vs other companies in the Asian Retail REITs Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ALLY 11.4xIndustry Avg. 14.0xNo. of Companies4PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ALLY is good value based on its Price-To-Earnings Ratio (11.4x) compared to the Asian Retail REITs industry average (14x).

Price to Earnings Ratio vs Fair Ratio

What is ALLY'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.

ALLY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.4x
Fair PE Ratio16x

Price-To-Earnings vs Fair Ratio: ALLY is good value based on its Price-To-Earnings Ratio (11.4x) compared to the estimated Fair Price-To-Earnings Ratio (16x).

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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