Valuation AP (Thailand)

Stocks

End-of-day quote Thailand S.E. Other stock markets 17/07/2026			5-day change	1st Jan Change
8.100 ^THB	-1.22%		+6.58%	-5.81%

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	25,482	-	-
Change	-	21.47%	-2.59%	-28.32%	6.17%	-5.81%	-	-
Enterprise Value (EV) ¹	48,921	57,612	67,592	55,277	49,917	54,593	53,311	50,878
Change	-	17.77%	17.32%	-18.22%	-9.7%	9.37%	-2.35%	-4.56%
P/E	6.63x	6.2x	5.89x	5.06x	6.28x	5.5x	5.08x	4.77x
PBR	0.93x	0.99x	0.87x	0.58x	0.59x	0.52x	0.49x	0.46x
PEG	-	0.2x	2.2x	-0.3x	-0.4x	0.74x	0.61x	0.73x
Capitalization / Revenue	0.94x	0.95x	0.93x	0.69x	0.72x	0.65x	0.63x	0.61x
EV / Revenue	1.54x	1.49x	1.78x	1.49x	1.34x	1.4x	1.32x	1.21x
EV / EBITDA	10.3x	9.44x	10.4x	9.68x	9.19x	10.2x	9.24x	8.1x
EV / EBIT	10.5x	9.92x	10.9x	10.2x	9.6x	10.6x	9.73x	8.48x
EV / FCF	25.5x	-28.4x	-6.2x	21.8x	27.9x	18.9x	15.5x	15.6x
FCF Yield	3.92%	-3.53%	-16.1%	4.59%	3.58%	5.28%	6.43%	6.42%
Dividend per Share ²	0.5	0.65	0.7	0.6	0.52	0.543	0.6008	0.6429
Rate of return	5.24%	5.6%	6.19%	7.41%	6.05%	6.7%	7.42%	7.94%
EPS ²	1.44	1.87	1.92	1.6	1.37	1.472	1.595	1.699
Distribution rate	34.7%	34.8%	36.5%	37.5%	38%	36.9%	37.7%	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	5,368	5,768	6,281
EBIT ¹	4,668	5,810	6,210	5,437	5,197	5,127	5,481	5,997
Net income ¹	4,543	5,877	6,054	5,020	4,317	4,641	5,021	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	8.100	8.100	8.100
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 A	2/21/23 A	2/20/24 A	2/27/25 A	2/27/26 A	-	-	-

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.($)
AP (THAILAND)	5.57x	1.41x	10.23x	6.62%	769M
VINGROUP	59.38x	-	-	-	63.69B
VINHOMES	10.86x	3.66x	9.74x	-.--%	22.34B
VONOVIA SE	7.65x	16.28x	19.55x	6.1%	20.39B
EMAAR DEVELOPMENT	4.21x	0.17x	0.34x	8.08%	14.72B
DEUTSCHE WOHNEN SE	8.48x	16.96x	-	6.24%	8.34B
OPEN HOUSE GROUP CO., LTD.	7.98x	0.82x	6.73x	2.45%	5.85B
CHINA VANKE CO., LTD.	-2.09x	1.77x	130.3x	-.--%	5.34B
LEG IMMOBILIEN SE	5.45x	13.79x	20.52x	5.83%	4.52B
Average	11.94x	6.86x	28.20x	4.41%	16.22B
Weighted average by Cap.	29.99x	7.72x	19.71x	4.15%