W

WHA Industrial Leasehold Real Estate Investment Trust
SET:WHAIR

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WHA Industrial Leasehold Real Estate Investment Trust
SET:WHAIR
Watchlist
Price: 6.2 THB Market Closed
Market Cap: 6.6B THB

Relative Value

The Relative Value of one WHAIR stock under the Base Case scenario is 8.12 THB. Compared to the current market price of 6.2 THB, WHA Industrial Leasehold Real Estate Investment Trust is Undervalued by 24%.

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.

WHAIR Relative Value
Base Case
8.12 THB
Undervaluation 24%
Relative Value
Price
W
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
52
vs Industry
Median 3Y
7.1
Median 5Y
6.8
Industry
2.1
Forward
6.6
vs History
14
vs Industry
Median 3Y
12.6
Median 5Y
10.1
Industry
18.5
Forward
9.9
vs History
vs Industry
Median 3Y
-9.8
Median 5Y
-11.1
Industry
11.2
vs History
vs Industry
Median 3Y
-7.8
Median 5Y
-8.5
Industry
14.3
vs History
49
vs Industry
Median 3Y
0.7
Median 5Y
0.7
Industry
1.8
vs History
61
vs Industry
Median 3Y
12
Median 5Y
11.7
Industry
3.2
Forward
10.8
vs History
61
vs Industry
Median 3Y
14
Median 5Y
13.6
Industry
6.9
vs History
61
vs Industry
Median 3Y
14.3
Median 5Y
13.9
Industry
11.1
Forward
12.9
vs History
61
vs Industry
Median 3Y
14.3
Median 5Y
13.9
Industry
13.4
Forward
12.7
vs History
vs Industry
Median 3Y
-15.5
Median 5Y
-17.3
Industry
11.3
vs History
vs Industry
Median 3Y
-15.5
Median 5Y
-17.3
Industry
12.1
vs History
50
vs Industry
Median 3Y
0.8
Median 5Y
0.8
Industry
1.7

Multiples Across Competitors

WHAIR Competitors Multiples
WHA Industrial Leasehold Real Estate Investment Trust 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
WHA Industrial Leasehold Real Estate Investment Trust
SET:WHAIR
6.6B THB 6.7 14.7 13 13
UK
Eight Capital Partners PLC
F:ECS
633.6T EUR 0 0 0 0
US
GE Vernova LLC
NYSE:GEV
168.9B USD 0 0 0 0
US
China Industrial Group Inc
OTC:CIND
121B USD 351.6 4 020.7 3 417.4 3 537.2
NL
Nepi Rockcastle NV
JSE:NRP
89.3B Zac 0 0 0 0
US
Reddit Inc
NYSE:RDDT
46.3B USD 24.3 132.6 158 167.6
CH
Galderma Group AG
SIX:GALD
39.2B CHF 0 0 0 0
US
Symbotic Inc
NASDAQ:SYM
42.1B USD 18.7 -2 482.8 -1 241.2 -563
US
Coupang Inc
F:788
35.2B EUR 1.2 104.9 27.9 45.9
US
CoreWeave Inc
NASDAQ:CRWV
39.2B USD 0 0 0 0
ID
Amman Mineral Internasional Tbk PT
IDX:AMMN
590.2T IDR 49.2 -135.9 2 858.6 2 858.6
P/S Multiple
Revenue Growth P/S to Growth
TH
W
WHA Industrial Leasehold Real Estate Investment Trust
SET:WHAIR
Average P/S: 75.3
6.7
1%
6.7
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
G
GE Vernova LLC
NYSE:GEV
Not Available
12%
N/A
US
C
China Industrial Group Inc
OTC:CIND
351.6
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
Not Available
-3%
N/A
US
R
Reddit Inc
NYSE:RDDT
24.3
44%
0.6
CH
G
Galderma Group AG
SIX:GALD
Not Available
18%
N/A
US
Symbotic Inc
NASDAQ:SYM
18.7
22%
0.9
US
Coupang Inc
F:788
1.2
16%
0.1
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A
ID
Amman Mineral Internasional Tbk PT
IDX:AMMN
49.2
N/A N/A
P/E Multiple
Earnings Growth PEG
TH
W
WHA Industrial Leasehold Real Estate Investment Trust
SET:WHAIR
Average P/E: 1 068.2
14.7
28%
0.5
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
G
GE Vernova LLC
NYSE:GEV
Not Available
53%
N/A
US
C
China Industrial Group Inc
OTC:CIND
4 020.7
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
Not Available
-5%
N/A
US
R
Reddit Inc
NYSE:RDDT
132.6
N/A N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
86%
N/A
US
Symbotic Inc
NASDAQ:SYM
Negative Multiple: -2 482.8 N/A N/A
US
Coupang Inc
F:788
104.9
118%
0.9
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A
ID
Amman Mineral Internasional Tbk PT
IDX:AMMN
Negative Multiple: -135.9 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
W
WHA Industrial Leasehold Real Estate Investment Trust
SET:WHAIR
Average EV/EBITDA: 1 295
13
1%
13
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
G
GE Vernova LLC
NYSE:GEV
Not Available
58%
N/A
US
C
China Industrial Group Inc
OTC:CIND
3 417.4
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
Not Available
-3%
N/A
US
R
Reddit Inc
NYSE:RDDT
158
N/A N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
28%
N/A
US
Symbotic Inc
NASDAQ:SYM
Negative Multiple: -1 241.2 N/A N/A
US
Coupang Inc
F:788
27.9
56%
0.5
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A
ID
Amman Mineral Internasional Tbk PT
IDX:AMMN
2 858.6
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TH
W
WHA Industrial Leasehold Real Estate Investment Trust
SET:WHAIR
Average EV/EBIT: 1 324.5
13
5%
2.6
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
G
GE Vernova LLC
NYSE:GEV
Not Available
99%
N/A
US
C
China Industrial Group Inc
OTC:CIND
3 537.2
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
Not Available
-4%
N/A
US
R
Reddit Inc
NYSE:RDDT
167.6
N/A N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
39%
N/A
US
Symbotic Inc
NASDAQ:SYM
Negative Multiple: -563 N/A N/A
US
Coupang Inc
F:788
45.9
77%
0.6
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A
ID
Amman Mineral Internasional Tbk PT
IDX:AMMN
2 858.6
N/A N/A