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AP-R.BK$7.30+0.00%
Fair $7.30+0.0%

AP-R.BK

AP (Thailand) Public Company Limited

Real Estate / Real Estate - DevelopmentThailand

$7.30

+0.00 (+0.00%)

Fairly Valued+0.0%Fair Value $7.30Fund rank 25/100 · Data gapFallback financials|
SA 44/C
F-Score: 4/9

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 53.0/100

Data gap 25/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 15/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

44/100

C

Piotroski

4/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled.
Thesis & Journal · AP-R.BKLocal privado en este navegador · AP (Thailand) Public Company Limited
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$23.0B

P/E

5.3x

↓

EV/EBITDA

8.6x

↓

ROE

9.4%

↑

Gross Margin

31.9%

↓

Debt/Equity

0.68

↓
52-Week Range$7
$6$9

TradingView lightweight chart

AP-R.BK price, volumen y niveles de valoración

Último $9.450Periodo +47.7%
Fair value: $7.300

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

-1.0%

FCF CAGR

—

FCF margin

4.8%

FCF / Net income

0.41x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $37.34B · net income $4.32B · FCF $1.79B

2022-FY → 2025-FY

Gross margin

31.9%-2.0% pts

Operating margin

13.9%-1.6% pts

Net margin

11.6%-3.7% pts

FCF margin

4.8%+10.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$37.34B$37.34B$36.99B$38.05B$38.54B
Net Income$4.32B$4.32B$5.02B$6.05B$5.88B
EBITDA$6.07B$6.07B$7.09B$7.85B$7.46B
EPS1.371.371.601.921.87
Gross Margin31.9%31.9%34.3%36.5%33.9%
Operating Margin13.9%13.9%15.9%17.2%15.5%
Net Margin11.6%11.6%13.6%15.9%15.3%
Balance Sheet
Debt/Equity0.680.680.760.840.63
Current Ratio4.434.43———
Cash Flow
Free Cash Flow$1.79B$1.79B$3.03B$-10.92B$-2.04B
Returns
ROE9.4%9.4%11.5%14.9%16.0%
Valuation
P/E5.255.255.036.096.14
EV/EBITDA8.648.647.888.817.72
P/B0.500.500.580.900.98
Growth & Yield
Revenue Growth1.0%1.0%-2.8%-1.3%—
EPS Growth-14.4%-14.4%-16.7%2.7%—
Dividend Yield5.5%5.5%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

-22.1%

fácil

EPS terminal req.

$0.65

Spread vs growth

7.7%

5Y implied EPS CAGR

-10.6%

fácil

EPS terminal req.

$0.78

Spread vs growth

-3.8%

10Y implied EPS CAGR

-0.8%

fácil

EPS terminal req.

$1.26

Spread vs growth

-13.6%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +29.0%

Total return

+29.0%

Start / end P/E

4.8x → 6.9x

EPS bridge

1.60 → 1.37

Residual

-6.4%

EPS growth-14.4%
Multiple rerating+44.3%
Dividend+5.5%
Residual / FX / buybacks / cross-term-6.4%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.