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Valuation: Siam Wellness Group

Capitalization 4.44B 139M 120M 109M 104M 189M 12.85B 195M 1.28B 512M 6.14B 523M 512M 22.13B P/E ratio 2026 *
19.2x
P/E ratio 2027 * 17.5x
Enterprise value 5.08B 160M 138M 124M 119M 217M 14.71B 223M 1.47B 586M 7.03B 599M 586M 25.33B EV / Sales 2026 *
2.94x
EV / Sales 2027 * 2.44x
Free-Float
41.72%
Yield 2026 *
2.51%
Yield 2027 * 2.46%
02-25 Siam Wellness Group posts FY profit attributable of 188.7 mln baht RE
02-25 Siam Wellness Group Public Company Limited Proposes Cash Dividend for the operating period from January 1, 2025 to December 31, 2025, Payable on May 7, 2026 CI
02-25 Siam Wellness Group Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2025 CI
01-14 Siam Wellness Group Public Company Limited to Open Massage and Spa Services CI
12-23 KGI Securities Upgrades Siam Wellness Group to Outperform from Underperform; Price Target is THB3.50 MT
11-14 Siam Wellness Group Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
25/09/25 Siam Wellness Resort Co., Ltd. Completes Registration of Long-Term Leasehold Rights over Land and Building with Siam Wellness Group Public Company Limited CI
22/09/25 Siam Wellness Group Public Company Limited(SET:SPA) dropped from S&P Global BMI Index CI
16/09/25 Siam Wellness Group Public Company Limited acquired Sunset Park Resort & Spa. CI
08/08/25 Siam Wellness Group Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2025 CI
15/05/25 Siam Wellness Group Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2025 CI
17/04/25 Siam Wellness Group Public Company Limited Approves Board Committee Appointments CI
21/02/25 Siam Wellness Group Public Company Limited Announces Resignation of Phumiphan Bunjapamai as Director, Member of the Risk Committee -Member of Nominations and Compensation Committee CI
1 day+0.58%
1 week+1.76%
Current month-10.82%
1 month-5.46%
3 months+22.70%
6 months+6.13%
Current year+12.34%
1 week 3.2
Extreme 3.2
3.48
1 month 3.16
Extreme 3.16
4.08
Current year 2.88
Extreme 2.88
4.08
1 year 2.6
Extreme 2.6
4.9
3 years 2.6
Extreme 2.6
9.87
5 years 2.6
Extreme 2.6
9.87
10 years 2.6
Extreme 2.6
9.96
Manager TitleAgeSince
Chief Executive Officer 62 -
Director of Finance/CFO 44 08/05/2014
Chief Operating Officer 35 -
Director TitleAgeSince
Chairman 62 -
Director/Board Member 63 28/11/2001
Director/Board Member 63 28/11/2001
Change 5d. change 1-year change 3-years change Capi.($)
+0.58%+1.76%-32.82%-50.57% 139M
+0.09%-6.39%+20.93%-22.95% 702M
+1.93%-0.15%+756.25%+1,145.45% 703M
-4.76%-6.25%+519.20%+2,276.24% 404M
-0.52%+0.35%+29.21%-64.87% 253M
-0.84%0.00%-48.25%-71.43% 191M
+309.84%0.00%+459.70%+360.12% 163M
-1.25%-0.16%+40.89%+17.95% 115M
-1.24%+0.37%+30.98%-0.51% 115M
-3.70%0.00%-26.76%-92.90% 81.79M
Average +30.01%+1.47%+174.93%+349.65% 286.74M
Weighted average by Cap. +17.15%-0.17%+289.73%+601.51%

Financials

2026 *2027 *
Net sales 1.73B 54.19M 46.83M 42.28M 40.43M 73.7M 5B 75.77M 500M 199M 2.39B 203M 199M 8.61B 1.93B 60.72M 52.47M 47.37M 45.3M 82.58M 5.6B 84.9M 560M 223M 2.68B 228M 223M 9.64B
Net income 229M 7.2M 6.22M 5.61M 5.37M 9.79M 664M 10.06M 66.37M 26.46M 317M 27.01M 26.44M 1.14B 258M 8.12M 7.01M 6.33M 6.06M 11.04M 749M 11.35M 74.85M 29.84M 358M 30.46M 29.82M 1.29B
Net Debt 642M 20.18M 17.43M 15.74M 15.05M 27.44M 1.86B 28.21M 186M 74.16M 890M 75.7M 74.11M 3.2B 277M 8.7M 7.52M 6.79M 6.49M 11.83M 802M 12.16M 80.21M 31.97M 384M 32.64M 31.95M 1.38B
Logo Siam Wellness Group
Siam Wellness Group Public Company Limited is a Thailand-based company that engaged in spa services business. Its business include Siam Wellness Group, which operates a health spa and wellness business divided into four brands, namely, Relax, RarinJinda Wellness Spa, Baan Suan Massage, and Stretch Me Clinic; Siam Wellness Resort operates a boutique hotel resort in the name of RarinJinda Wellness Spa Resort, managed Rarin Villas. Also operates a restaurant under the name of Deck One and cafe ORB in Chiang Mai province and Pattaya, Chonburi province; Siam Wellness Lab operates distribution of spa-related products and therapeutic personal care products under the brand Let’s Relax Lifestyle and importing and distributing facial and body products, Dr. Spiller, Biomimetic Skin Care Solution, for distribution both domestically and abroad; and Siam Wellness Education operates a business of Thai massage training school.
Employees
-
Date Price Change Volume
11/03/26 3.460 ฿ +0.58% 1,324,618
10/03/26 3.440 ฿ +2.99% 838,310
09/03/26 3.340 ฿ 0.00% 790,905
06/03/26 3.340 ฿ +0.60% 319,502
05/03/26 3.320 ฿ -2.35% 814,892
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
3.460THB
Average target price
4.257THB
Spread / Average Target
+23.04%

Quarterly revenue - Rate of surprise

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