Valuation AP (Thailand)

Stocks

End-of-day quote Thailand S.E. Other stock markets 06/07/2026			5-day change	1st Jan Change
7.700 ^THB	+0.65%		+4.05%	-10.47%

05-15	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	24,223	-	-
Change	-	21.47%	-2.59%	-28.32%	6.17%	-10.47%	-	-
Enterprise Value (EV) ¹	48,921	57,612	67,592	55,277	49,917	53,334	52,052	49,620
Change	-	17.77%	17.32%	-18.22%	-9.7%	6.85%	-2.4%	-4.67%
P/E	6.63x	6.2x	5.89x	5.06x	6.28x	5.2x	4.81x	4.52x
PBR	0.93x	0.99x	0.87x	0.58x	0.59x	0.49x	0.46x	0.44x
PEG	-	0.2x	2.2x	-0.3x	-0.4x	0.64x	0.59x	0.71x
Capitalization / Revenue	0.94x	0.95x	0.93x	0.69x	0.72x	0.62x	0.6x	0.58x
EV / Revenue	1.54x	1.49x	1.78x	1.49x	1.34x	1.37x	1.28x	1.18x
EV / EBITDA	10.3x	9.44x	10.4x	9.68x	9.19x	9.5x	8.98x	7.88x
EV / EBIT	10.5x	9.92x	10.9x	10.2x	9.6x	10.2x	9.5x	8.27x
EV / FCF	25.5x	-28.4x	-6.2x	21.8x	27.9x	18.5x	15.2x	15.2x
FCF Yield	3.92%	-3.53%	-16.1%	4.59%	3.58%	5.41%	6.59%	6.58%
Dividend per Share ²	0.5	0.65	0.7	0.6	0.52	0.5507	0.598	0.6429
Rate of return	5.24%	5.6%	6.19%	7.41%	6.05%	7.15%	7.77%	8.35%
EPS ²	1.44	1.87	1.92	1.6	1.37	1.481	1.602	1.704
Distribution rate	34.7%	34.8%	36.5%	37.5%	38%	37.2%	37.3%	37.7%
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	5,615	5,798	6,301
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	4,670	5,042	5,368
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	7.700	7.700	7.700
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	22/02/22	21/02/23	20/02/24	27/02/25	27/02/26	-	-	-

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.($)
AP (THAILAND)	5.2x	1.37x	9.5x	7.15%	727M
VINGROUP	58.66x	-	-	-	62.8B
VINHOMES	11.71x	3.62x	10.43x	-.--%	24.06B
VONOVIA SE	8.18x	16.63x	19.95x	5.7%	21.77B
EMAAR DEVELOPMENT	4.41x	0.24x	0.49x	7.69%	15.46B
DEUTSCHE WOHNEN SE	8.98x	17.43x	-	5.89%	8.81B
OPEN HOUSE GROUP CO., LTD.	8.05x	0.82x	6.77x	2.43%	5.91B
CHINA VANKE CO., LTD.	-2.14x	1.58x	69.86x	-.--%	5.04B
LEG IMMOBILIEN SE	5.94x	14.16x	21.25x	5.35%	4.91B
Average	12.11x	6.98x	19.75x	4.28%	16.61B
Weighted average by Cap.	29.17x	7.96x	15.36x	3.93%