Bhiraj Office Leasehold Real Estate Investment Trust Valuation
Is BOFFICE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
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 BOFFICE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BOFFICE (THB4.92) is trading below our estimate of fair value (THB21.96)
Significantly Below Fair Value: BOFFICE is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BOFFICE?
Other financial metrics that can be useful for relative valuation.
What is BOFFICE's n/a Ratio? | |
---|---|
n/a | 0x |
n/a | n/a |
Market Cap | ฿3.63b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 5.8x |
Enterprise Value/EBITDA | n/a |
PEG Ratio | -0.3x |
Price to Earnings Ratio vs Peers
How does BOFFICE's PE Ratio compare to its peers?
Company | Forward PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 20.9x | ||
QHPF Quality Houses Leasehold Property Fund | 53.5x | n/a | ฿3.6b |
POPF Prime Office Leasehold Property Fund | 13.6x | n/a | ฿3.1b |
GVREIT Golden Ventures Leasehold Real Estate Investment Trust | 7.9x | n/a | ฿4.5b |
TPRIME Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust | 8.6x | n/a | ฿3.3b |
BOFFICE Bhiraj Office Leasehold Real Estate Investment Trust | 10.5x | -41.9% | ฿3.6b |
Price-To-Earnings vs Peers: BOFFICE is good value based on its Price-To-Earnings Ratio (10.5x) compared to the peer average (20.9x).
Price to Earnings Ratio vs Industry
How does BOFFICE's PE Ratio compare vs other companies in the Asian Office REITs Industry?
Price-To-Earnings vs Industry: BOFFICE is good value based on its Price-To-Earnings Ratio (10.5x) compared to the Asian Office REITs industry average (18.1x).
Price to Earnings Ratio vs Fair Ratio
What is BOFFICE'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.
Fair Ratio | |
---|---|
Current PE Ratio | 10.5x |
Fair PE Ratio | 5.5x |
Price-To-Earnings vs Fair Ratio: BOFFICE is expensive based on its Price-To-Earnings Ratio (10.5x) compared to the estimated Fair Price-To-Earnings Ratio (5.5x).
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.