Valuation Eastern Star Real Estate

Stocks

End-of-day quote Thailand S.E. Other stock markets 2026-08-10			5-day change	1st Jan Change
0.2500 ^THB	0.00%		0.00%	+25.00%

05-15	Eastern Star Real Estate Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
03-02	Eastern Star Real Estate Public Company Limited Appoints Mr. Nuttawit Boonyawat as Chairman of Executive Committee, Effective February 27, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	2,160	2,561	1,708	1,306	1,004	1,004
Change	-	18.6%	-33.33%	-23.53%	-23.08%	0%
Enterprise Value (EV) ¹	3,084	3,625	2,394	2,321	2,528	2,368
Change	-	17.56%	-33.95%	-3.07%	8.94%	-6.36%
P/E	11.5x	118x	33.4x	43.3x	28.6x	8x
PBR	0.45x	0.54x	0.35x	0.27x	0.2x	0.2x
PEG	-	-1.3x	0x	-1.1x	1.7x	0x
Capitalization / Revenue	0.81x	1.93x	0.94x	0.99x	0.52x	0.49x
EV / Revenue	1.15x	2.73x	1.32x	1.76x	1.32x	1.15x
EV / EBITDA	7.43x	44.2x	19.8x	34x	20.6x	10.7x
EV / EBIT	8.54x	124x	29.5x	95.2x	32.3x	13.1x
EV / FCF	2.19x	60.2x	6.46x	-6.25x	-2.78x	7.7x
FCF Yield	45.6%	1.66%	15.5%	-16%	-36%	13%
Dividend per Share ²	0.01	-	-	-	0.01	0.02
Rate of return	2.33%	-	-	-	5%	10%
EPS ²	0.0375	0.004308	0.0102	0.006	0.007	0.025
Distribution rate	26.6%	-	-	-	143%	80%
Net sales ¹	2,680	1,326	1,820	1,316	1,918	2,054
EBITDA ¹	414.9	81.96	121.2	68.33	123	220.3
EBIT ¹	361.3	29.33	81.28	24.38	78.2	180.3
Net income ¹	188.5	21.64	51.15	29.93	34.1	126.4
Net Debt ¹	924.5	1,064	686.9	1,015	1,524	1,363
Reference price ²	0.4300	0.5100	0.3400	0.2600	0.2000	0.2000
Nbr of stocks (in thousands)	5,022,246	5,022,246	5,022,246	5,022,246	5,022,246	5,022,246
Announcement Date	2/24/21	2/24/22	2/24/23	2/29/24	2/28/25	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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
EASTERN STAR REAL ESTATE	-	-	-	-	38.09M
SUN HUNG KAI PROPERTIES LIMITED	14.99x	4.77x	12.83x	3.38%	42.62B
CHINA RESOURCES LAND LIMITED	8.63x	1.5x	7.82x	4.12%	29.83B
MITSUBISHI ESTATE CO., LTD.	18.99x	4.1x	16.76x	1.3%	29.24B
EMAAR PROPERTIES	5.79x	0.67x	1.37x	8.7%	27.67B
MITSUI FUDOSAN CO., LTD.	14.22x	3.1x	14.98x	2.49%	26.03B
ALPHA DHABI HOLDING	8.36x	0.93x	3.37x	2.67%	21.39B
CK ASSET HOLDINGS LIMITED	8.88x	2.29x	7.03x	3.93%	20.91B
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	14.05x	6.67x	17.86x	1.51%	20.51B
CHINA OVERSEAS LAND & INVESTMENT LIMITED	10.06x	1.64x	14.16x	3.75%	18.33B
Average	11.55x	2.85x	10.69x	3.54%	23.66B
Weighted average by Cap.	11.92x	2.97x	10.75x	3.59%