BLAND Relative Valuation - Bangkok Land PCL - Alpha Spread
B

Bangkok Land PCL
SET:BLAND

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Bangkok Land PCL
SET:BLAND
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Price: 0.69 THB 1.47%
Market Cap: 12B THB
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Relative Value

The Relative Value of one BLAND stock under the Base Case scenario is 0.86 THB. Compared to the current market price of 0.69 THB, Bangkok Land PCL is Undervalued by 20%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BLAND Relative Value
Base Case
0.86 THB
Undervaluation 20%
Relative Value
Price
B
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
63
vs Industry
42
Median 3Y
5.2
Median 5Y
3.8
Industry
2.2
vs History
60
vs Industry
28
Median 3Y
17.1
Median 5Y
13.4
Industry
16.5
vs History
20
vs Industry
8
Median 3Y
26.3
Median 5Y
11.8
Industry
10.4
vs History
6
vs Industry
5
Median 3Y
26.6
Median 5Y
7.1
Industry
14.8
vs History
90
vs Industry
67
Median 3Y
0.4
Median 5Y
0.4
Industry
1.6
vs History
71
vs Industry
55
Median 3Y
4.4
Median 5Y
3.6
Industry
3.2
vs History
71
vs Industry
53
Median 3Y
12.4
Median 5Y
7.9
Industry
6.8
vs History
80
vs Industry
23
Median 3Y
14.7
Median 5Y
11.3
Industry
11.2
vs History
33
vs Industry
16
Median 3Y
13.6
Median 5Y
13.5
Industry
13.2
vs History
30
vs Industry
13
Median 3Y
18.7
Median 5Y
10.8
Industry
11.6
vs History
20
vs Industry
7
Median 3Y
29
Median 5Y
12.3
Industry
12.7
vs History
90
vs Industry
73
Median 3Y
0.2
Median 5Y
0.3
Industry
1.5

Multiples Across Competitors

BLAND Competitors Multiples
Bangkok Land PCL Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
Bangkok Land PCL
SET:BLAND
11.8B THB 3 12.3 6.9 15.5
US
Texas Gulf Energy Inc
OTC:TXGE
3.1T USD 247 663.3 -1 692 051.8 -615 122.7 -585 689.8
UK
Shaftesbury Capital PLC
JSE:SHC
3T Zac 0 0 0 0
CA
Advance Lithium Corp
XTSX:AALI
540.8B CAD 0 -149 874.8 -833 504.3 -833 504.3
US
Gould Investors LP
OTC:GDVTZ
245.5B USD 0 0 0 0
IN
Aaswa Trading and Exports Ltd
BSE:512038
12.6T INR 249 080.7 364 155.8 292 872.8 292 872.8
NL
Nepi Rockcastle NV
JSE:NRP
87.2B Zac 0 0 0 0
US
MCX Technologies Corp
XTSX:MCX
116.9B CAD 0 -734 444.6 -545 223.5 -545 223.5
US
GE Vernova LLC
NYSE:GEV
67.2B USD 0 0 0 0
ID
Amman Mineral Internasional Tbk PT
IDX:AMMN
752.4T IDR 24.3 195.9 67.2 67.2
US
Coupang Inc
F:788
39.3B EUR 1.6 41.7 60.5 127.8
P/E Multiple
Earnings Growth
TH
B
Bangkok Land PCL
SET:BLAND
Average P/E: 91 101.4
12.3
N/A
US
T
Texas Gulf Energy Inc
OTC:TXGE
Negative Multiple: -1 692 051.8 N/A
UK
S
Shaftesbury Capital PLC
JSE:SHC
Not Available
-87%
CA
A
Advance Lithium Corp
XTSX:AALI
Negative Multiple: -149 874.8 N/A
US
G
Gould Investors LP
OTC:GDVTZ
Not Available N/A
IN
A
Aaswa Trading and Exports Ltd
BSE:512038
364 155.8
N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
Not Available
-11%
US
MCX Technologies Corp
XTSX:MCX
Negative Multiple: -734 444.6 N/A
US
G
GE Vernova LLC
NYSE:GEV
Not Available N/A
ID
Amman Mineral Internasional Tbk PT
IDX:AMMN
195.9
N/A
US
Coupang Inc
F:788
41.7
18%
EV/EBITDA Multiple
EBITDA Growth
TH
B
Bangkok Land PCL
SET:BLAND
Average EV/EBITDA: 73 251.8
6.9
N/A
US
T
Texas Gulf Energy Inc
OTC:TXGE
Negative Multiple: -615 122.7 N/A
UK
S
Shaftesbury Capital PLC
JSE:SHC
Not Available
52%
CA
A
Advance Lithium Corp
XTSX:AALI
Negative Multiple: -833 504.3 N/A
US
G
Gould Investors LP
OTC:GDVTZ
Not Available N/A
IN
A
Aaswa Trading and Exports Ltd
BSE:512038
292 872.8
N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
Not Available
22%
US
MCX Technologies Corp
XTSX:MCX
Negative Multiple: -545 223.5 N/A
US
G
GE Vernova LLC
NYSE:GEV
Not Available
738%
ID
Amman Mineral Internasional Tbk PT
IDX:AMMN
67.2
N/A
US
Coupang Inc
F:788
60.5
261%
EV/EBIT Multiple
EBIT Growth
TH
B
Bangkok Land PCL
SET:BLAND
Average EV/EBIT: 73 270.8
15.5
N/A
US
T
Texas Gulf Energy Inc
OTC:TXGE
Negative Multiple: -585 689.8 N/A
UK
S
Shaftesbury Capital PLC
JSE:SHC
Not Available
45%
CA
A
Advance Lithium Corp
XTSX:AALI
Negative Multiple: -833 504.3 N/A
US
G
Gould Investors LP
OTC:GDVTZ
Not Available N/A
IN
A
Aaswa Trading and Exports Ltd
BSE:512038
292 872.8
N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
Not Available
40%
US
MCX Technologies Corp
XTSX:MCX
Negative Multiple: -545 223.5 N/A
US
G
GE Vernova LLC
NYSE:GEV
Not Available N/A
ID
Amman Mineral Internasional Tbk PT
IDX:AMMN
67.2
N/A
US
Coupang Inc
F:788
127.8
330%

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