Valuation AP (Thailand)

Stocks

End-of-day quote Thailand S.E. Other stock markets 2026-06-17			5-day change	1st Jan Change
7.450 ^THB	+3.47%		+6.43%	-13.37%

05-14	AP Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
05-14	AP Public Company Limited Appoints Mr. Yokporn Tantisawetrat as Audit Committee Member, Effective May 14, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	30,043	36,492	35,549	25,482	27,055	23,437	-	-
Change	-	21.47%	-2.59%	-28.32%	6.17%	-13.37%	-	-
Enterprise Value (EV) ¹	48,921	57,612	67,592	55,277	49,917	52,548	51,266	48,833
Change	-	17.77%	17.32%	-18.22%	-9.7%	5.27%	-2.44%	-4.74%
P/E	6.63x	6.2x	5.89x	5.06x	6.28x	5.06x	4.67x	4.39x
PBR	0.93x	0.99x	0.87x	0.58x	0.59x	0.48x	0.45x	0.42x
PEG	-	0.2x	2.2x	-0.3x	-0.4x	0.68x	0.56x	0.67x
Capitalization / Revenue	0.94x	0.95x	0.93x	0.69x	0.72x	0.6x	0.58x	0.56x
EV / Revenue	1.54x	1.49x	1.78x	1.49x	1.34x	1.35x	1.27x	1.16x
EV / EBITDA	10.3x	9.44x	10.4x	9.68x	9.19x	9.46x	8.89x	7.77x
EV / EBIT	10.5x	9.92x	10.9x	10.2x	9.6x	10x	9.35x	8.14x
EV / FCF	25.5x	-28.4x	-6.2x	21.8x	27.9x	18.2x	15x	14.9x
FCF Yield	3.92%	-3.53%	-16.1%	4.59%	3.58%	5.49%	6.69%	6.69%
Dividend per Share ²	0.5	0.65	0.7	0.6	0.52	0.5416	0.598	0.6429
Rate of return	5.24%	5.6%	6.19%	7.41%	6.05%	7.27%	8.03%	8.63%
EPS ²	1.44	1.87	1.92	1.6	1.37	1.472	1.594	1.699
Distribution rate	34.7%	34.8%	36.5%	37.5%	38%	36.8%	37.5%	37.8%
Net sales ¹	31,794	38,539	38,045	36,988	37,345	38,977	40,522	41,957
EBITDA ¹	4,760	6,101	6,500	5,712	5,433	5,556	5,766	6,281
EBIT ¹	4,668	5,810	6,210	5,437	5,197	5,252	5,480	5,997
Net income ¹	4,543	5,877	6,054	5,020	4,317	4,641	5,019	5,352
Net Debt ¹	18,877	21,120	32,043	29,795	22,862	29,111	27,829	25,396
Reference price ²	9.550	11.600	11.300	8.100	8.600	7.450	7.450	7.450
Nbr of stocks (in thousands)	3,145,899	3,145,899	3,145,899	3,145,899	3,145,899	3,145,899	-	-
Announcement Date	2/22/22	2/21/23	2/20/24	2/27/25	2/27/26	-	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
AP (THAILAND)	4.89x	1.33x	9.32x	7.52%	696M
VINGROUP	54.97x	-	-	-	55.38B
VINHOMES	10.38x	3.25x	9.35x	-.--%	21.34B
VONOVIA SE	7.43x	16.26x	19.38x	6.13%	20.58B
EMAAR DEVELOPMENT	4.59x	0.17x	0.35x	7.47%	16.01B
DEUTSCHE WOHNEN SE	8.5x	17.01x	-	6.63%	8.47B
OPEN HOUSE GROUP CO., LTD.	7.88x	0.81x	6.66x	2.48%	5.85B
CHINA VANKE CO., LTD.	-2.15x	1.59x	69.97x	-.--%	5.13B
LEG IMMOBILIEN SE	6.14x	13.93x	21.04x	5.68%	4.7B
Average	11.40x	6.79x	19.44x	4.49%	15.35B
Weighted average by Cap.	26.28x	7.61x	14.90x	4.21%