Ratings Noble Development Thailand S.E.

Equities

NOBLE-R

TH0564010R13

End-of-day quote Thailand S.E. Other stock markets 03:30:00 28/06/2024 am IST			5-day change	1st Jan Change
3.2 ^THB	-2.44%		-4.76%	-18.37%

14/05	Noble Development Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
25/04	Noble Development Public Company Limited Approves Cash Dividend for the Operating Result of the Period from 01 October, 2023 to 31 December, 2023, Payable on May 24, 2024	CI

Summary

Overall, the company has poor fundamentals for a medium to long-term investment strategy.

Strengths

The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
The company's share price in relation to its net book value makes it look relatively cheap.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
The company is one of the best yield companies with high dividend expectations.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
The company's earnings growth outlook lacks momentum and is a weakness.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
Most analysts agree on a negative opinion with regard to the stock. Indeed, the average consensus issues recommendations to underperform or sell.
Over the past twelve months, analysts' opinions have been revised negatively.
The company's earnings releases usually do not meet expectations.

Ratings chart - Surperformance

Sector: Real Estate Development & Operations

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
NOBLE DEVELOPMENT	-18.37%	119M		-
VONOVIA SE	-6.97%	23.41B		A-
AKELIUS RESIDENTIAL PROPERTY AB	+8.76%	10.8B	-	B-
CHINA VANKE CO., LTD.	-33.75%	10.52B		B+
DEUTSCHE WOHNEN SE	-24.98%	7.64B	-	B+
VINHOMES	-12.85%	6.44B		C-
LEG IMMOBILIEN SE	-3.86%	6.08B		A-
VINGROUP	-7.62%	6.02B		C+
BRIGADE ENTERPRISES LIMITED	+50.32%	3.75B		B+
IIDA GROUP HOLDINGS CO., LTD.	+0.28%	3.69B		C

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes