MFC-Nichada Thani Property Fund 2 Valuation

Is MNIT2 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MNIT2 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate MNIT2's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate MNIT2's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MNIT2?

Key metric: As MNIT2 is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for MNIT2. This is calculated by dividing MNIT2's market cap by their current book value.
What is MNIT2's PB Ratio?
PB Ratio	n/a
Book	฿0
Market Cap	฿478.24m

MNIT2 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	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does MNIT2's PB Ratio compare to its peers?

The above table shows the PB ratio for MNIT2 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	0.4x
MNRF MFC Multi-National Residence Fund	0.3x	n/a	฿243.0m
LHPF Land and Houses Freehold and Leasehold Property Fund	0.5x	n/a	฿1.8b
TU-PF T.U. Dome Residential Complex Leasehold Property Fund	0.5x	n/a	฿73.0m
TLHPF Thailand Hospitality Property Fund	0.4x	n/a	฿502.2m
MNIT2 MFC-Nichada Thani Property Fund 2	n/a	n/a	฿478.2m

Price-To-Book vs Peers: Insufficient data to calculate MNIT2's Price-To-Book Ratio vs. peers for valuation analysis.

Price to Book Ratio vs Industry

How does MNIT2's PB Ratio compare vs other companies in the Asian Residential REITs Industry?

0 Companies	Price / Book	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: Insufficient data to calculate MNIT2's Price-To-Book Ratio vs. industry for valuation analysis.

Price to Book Ratio vs Fair Ratio

What is MNIT2's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MNIT2 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	n/a
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate MNIT2's Price-To-Book 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.

Discover undervalued companies

C.P. Tower Growth Leasehold Property Fund

฿4.9b

Specializes in real estate investments.

CPTREIT-F

฿5.28

n/a

WHA Business Complex Freehold and Leasehold Real Estate Investment Trust

฿1.5b

Specializes in real estate investing.

WHABT

฿7.35

2.1%

-13.5%

Bualuang Office Leasehold Real Estate Investment Trust

฿1.8b

Operates as a real estate investment trust in Thailand.

B-WORK

฿4.82

-0.8%

-3.6%