Valuation SPCG Thailand S.E.

Stocks

End-of-day quote Thailand S.E. 06/11/2026			5-day change	1st Jan Change
10.50 ^THB	-3.67%		0.00%	+12.90%

09-08	SPCG Public Company Limited Approves Appointment of Snitha Asawachinda as Acting Senior Executive Vice President, Operations, Effective September 8, 2026	CI
09-01	Vorasit Pokachaiyapat, Kriengkrai Jaruthavee JRT Green Energy Company Limited, Premia Global Limited and Premia Global Thai Limited proposed to acquire an additional 36.77% stake in SPCG Public Company Limited for THB 3.5 billion.	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	19,577	19,427	15,309	13,092	8,921	9,819
Change	-	-0.77%	-21.2%	-14.48%	-31.85%	10.06%
Enterprise Value (EV) ¹	21,307	20,782	14,275	10,205	5,930	8,393
Change	-	-2.46%	-31.31%	-28.51%	-41.9%	41.54%
P/E	7.17x	7.75x	6.6x	7.12x	13.1x	26x
PBR	1.29x	1.16x	0.84x	0.68x	0.48x	0.61x
PEG	-	-0.5x	-0.89x	-0.3x	-0.2x	-0.6x
Capitalization / Revenue	3.98x	4.32x	3.51x	3.17x	4.35x	5.69x
EV / Revenue	4.33x	4.63x	3.28x	2.47x	2.89x	4.86x
EV / EBITDA	5.34x	5.54x	4.03x	3.49x	4.05x	7.87x
EV / EBIT	6.41x	6.72x	4.93x	4.48x	7.25x	20x
EV / FCF	8.06x	-400x	5.6x	4.52x	5.31x	7.41x
FCF Yield	12.4%	-0.25%	17.9%	22.1%	18.8%	13.5%
Dividend per Share ²	1.2	0.8	0.85	0.95	1.2	0.66
Rate of return	5.97%	4.35%	5.86%	7.66%	14.2%	7.1%
EPS ²	2.805	2.374	2.198	1.741	0.6464	0.3583
Distribution rate	42.8%	33.7%	38.7%	54.6%	186%	184%
Net sales ¹	4,920	4,493	4,358	4,126	2,049	1,726
EBITDA ¹	3,991	3,749	3,543	2,923	1,466	1,067
EBIT ¹	3,322	3,092	2,893	2,278	817.9	420.5
Net income ¹	2,732	2,479	2,320	1,838	682.5	378.3
Net Debt ¹	1,730	1,356	-1,034	-2,886	-2,992	-1,426
Reference price ²	20.10	18.40	14.50	12.40	8.45	9.30
Nbr of stocks (in thousands)	973,990	1,055,790	1,055,790	1,055,790	1,055,790	1,055,790
Announcement Date	1/3/21	25/2/22	27/2/23	23/2/24	24/2/25	24/2/26

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
GE VERNOVA INC.	24.28x	4.02x	28.04x	0.26%	203B
NEXTERA ENERGY	21.62x	9.53x	17.08x	2.82%	185B
IBERDROLA, S.A.	21.53x	4.52x	12.5x	3.21%	170B
CHINA YANGTZE POWER CO., LTD.	21.69x	11.87x	15.25x	3.27%	107B
ENEL S.P.A.	13.4x	1.93x	6.82x	5.29%	109B
SOUTHERN COMPANY	21.36x	5.97x	13.09x	3.26%	107B
DUKE ENERGY CORPORATION	19.23x	5.75x	11.59x	3.35%	101B
CONSTELLATION ENERGY CORPORATION	19.41x	2.94x	12.22x	0.71%	84.91B
AMERICAN ELECTRIC POWER COMPANY, INC.	19.6x	5.16x	12.34x	3.04%	69.03B
Average	20.24x	5.74x	14.33x	2.8%	126.36B
Weighted average by Cap.	20.78x	5.86x	15.68x	2.64%