As of 2025-05-05, the Intrinsic Value of AP Thailand PCL (AP.BK) is 10.64 THB. This AP.BK valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 7.80 THB, the upside of AP Thailand PCL is 36.40%.
The range of the Intrinsic Value is 6.75 - 17.19 THB
Based on its market price of 7.80 THB and our intrinsic valuation, AP Thailand PCL (AP.BK) is undervalued by 36.40%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 6.75 - 17.19 | 10.64 | 36.4% |
| DCF (Growth 10y) | 6.27 - 15.44 | 9.70 | 24.4% |
| DCF (EBITDA 5y) | 8.02 - 23.09 | 15.08 | 93.3% |
| DCF (EBITDA 10y) | 9.12 - 24.48 | 16.05 | 105.8% |
| Fair Value | 19.33 - 19.33 | 19.33 | 147.84% |
| P/E | 8.19 - 14.08 | 10.80 | 38.4% |
| EV/EBITDA | 6.45 - 23.29 | 11.20 | 43.5% |
| EPV | 13.32 - 21.69 | 17.50 | 124.4% |
| DDM - Stable | 9.48 - 21.02 | 15.25 | 95.5% |
| DDM - Multi | 12.39 - 21.53 | 15.73 | 101.7% |
| Market Cap (mil) | 24,538.02 |
| Beta | 1.31 |
| Outstanding shares (mil) | 3,145.90 |
| Enterprise Value (mil) | 55,114.92 |
| Market risk premium | 7.44% |
| Cost of Equity | 9.81% |
| Cost of Debt | 4.25% |
| WACC | 6.20% |