RELATIVE VALUATION OF BANGKOK DUSIT MEDICAL SERVICES PUBLIC COMPANY.

Abstract

Stock market had been an investment portal for most of investors who seek to maximize their return. Since stock market nowadays has a very high volatility, it is very difficult to determine the true value of a particular stock as the stock price is also varied with stock market’s index. We want to find a stock value, by comparing a firm’s performance, such as return over stock price, to the similar firm in the same sector (similar supplier, customer, business operation) For this research, we focused on Bangkok Dusit Medical Services Public Company Limited (BDMS) and compare to other comparable firm in Healthcare sector. We have found that BDMS’s stock price is relatively low compare with peer with nearly 40% upside. Statistically, it would be a great opportunity to start in this stock as they will likely generate higher return, compare with the market, and justify the require rate of return from the investor’s point of view.