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Electricity Generating PCL
SET:EGCO

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Electricity Generating PCL
SET:EGCO
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Price: 110 THB -0.45%
Market Cap: ฿57.9B

P/B

0.6
Current
1%
Cheaper
vs 3-y average of 0.6

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.6
=
Market Cap
฿59.8B
/
Total Equity
฿99.8B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.6
=
Market Cap
฿59.8B
/
Total Equity
฿99.8B

Valuation Scenarios

Electricity Generating PCL is trading below its 3-year average

If P/B returns to its 3-Year Average (0.6), the stock would be worth ฿110.86 (1% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+74%
Average Upside
26%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.6 ฿110
0%
3-Year Average 0.6 ฿110.86
+1%
5-Year Average 0.6 ฿120.86
+10%
Industry Average 0.7 ฿130.62
+19%
Country Average 1 ฿191.67
+74%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
TH
Electricity Generating PCL
SET:EGCO
57.9B THB 0.6 12.3
US
Vistra Corp
NYSE:VST
52.7B USD 10.5 71.3
SA
ACWA Power Co
SAU:2082
184.5B SAR 6.4 99.6
IN
Adani Power Ltd
NSE:ADANIPOWER
4.2T INR 7.1 36.1
IN
NTPC Ltd
NSE:NTPC
3.9T INR 2 16.2
CN
CGN Power Co Ltd
SZSE:003816
233.3B CNY 1.9 23.9
TH
Gulf Energy Development PCL
SET:GULF
840.4B THB 6.8 39.3
CN
China National Nuclear Power Co Ltd
SSE:601985
184.3B CNY 1.6 21.4
DE
Uniper SE
XETRA:UN0
17.5B EUR 1.5 12.6
CN
SDIC Power Holdings Co Ltd
SSE:600886
108.1B CNY 1.5 16.5
US
Talen Energy Corp
NASDAQ:TLN
15.5B USD 14.7 -73.3

Market Distribution

Lower than 77% of companies in Thailand
Percentile
23nd
Based on 398 companies
23nd percentile
0.6
Low
0.1 — 0.7
Typical Range
0.7 — 1.6
High
1.6 —
Distribution Statistics
Thailand
Min 0.1
30th Percentile 0.7
Median 1
70th Percentile 1.6
Max 30.3

Electricity Generating PCL
Glance View

Market Cap
57.9B THB
Industry
Utilities

Electricity Generating PCL (EGCO) stands as a prominent figure in Thailand's energy sector, presenting itself as a paragon of diversification and strategic growth. Founded in 1992, the company has adeptly navigated the evolving landscapes of the global energy market, expanding its operations across various countries in the Asia-Pacific region and beyond. EGCO's core business involves the generation and sale of electricity, primarily through long-term Power Purchase Agreements (PPAs) with state utilities and large industrial users. This business model ensures a stable cash flow and underpins the company’s financial stability. The firm boasts an impressive portfolio that includes a mix of thermal, hydroelectric, and increasingly, renewable energy projects, which showcases its commitment to sustainable growth. EGCO’s success emanates from its strategic foresight and robust partnerships. By embracing a diversified portfolio of energy sources and geographical locations, the company mitigates the risks associated with market volatility and regulatory changes. It continually seeks opportunities in renewable energy, aligning itself with global trends towards cleaner energy solutions, a move that also enhances its corporate responsibility profile. Furthermore, EGCO’s approach involves both developing new projects and acquiring existing assets, ensuring a constant expansion of its capacity and operational expertise. With an eye on the future, EGCO endeavors to balance energy demands with environmental considerations, thus ensuring its role as a key player in the region's sustainable energy transition while maintaining its profitability through strategic investments and efficient asset management.

EGCO Intrinsic Value
174.14 THB
Undervaluation 37%
Intrinsic Value
Price ฿110
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