S

Siam Wellness Group PCL
SET:SPA

Watchlist Manager
Siam Wellness Group PCL
SET:SPA
Watchlist
Price: 3.24 THB 0.62% Market Closed
Market Cap: ฿4.2B

EV/EBIT

18.5
Current
20%
Cheaper
vs 3-y median of 23.1

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
18.5
=
Enterprise Value
฿5B
/
EBIT
฿263.7m

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
18.5
=
Enterprise Value
฿5B
/
EBIT
฿263.7m

Valuation Scenarios

Siam Wellness Group PCL is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (23.1), the stock would be worth ฿4.06 (25% upside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-43%
Maximum Upside
+25%
Average Downside
18%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 18.5 ฿3.24
0%
3-Year Average 23.1 ฿4.06
+25%
5-Year Average 15.4 ฿2.7
-17%
Industry Average 10.6 ฿1.85
-43%
Country Average 11.7 ฿2.05
-37%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
฿5B
/
Jan 2026
฿263.7m
=
18.5
Current
฿5B
/
Dec 2026
฿328m
=
15.2
Forward
฿5B
/
Dec 2027
฿369.6m
=
13.5
Forward
฿5B
/
Dec 2028
฿344.4m
=
14.5
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TH
S
Siam Wellness Group PCL
SET:SPA
Average EV/EBIT: 55.4
18.5
9%
2.1
US
Service Corporation International
NYSE:SCI
16.7
6%
2.8
AU
Slater & Gordon Ltd
ASX:SGH
15.4
11%
1.4
PH
G
Golden MV Holdings Inc
XPHS:HVN
374.5
N/A N/A
US
ADT Inc
NYSE:ADT
9.7
4%
2.4
US
H & R Block Inc
NYSE:HRB
7.4
8%
0.9
US
Frontdoor Inc
NASDAQ:FTDR
10.4
9%
1.2
BS
Onespaworld Holdings Ltd
NASDAQ:OSW
28.5
11%
2.6
US
S
StubHub Holdings Inc
NYSE:STUB
Not Available N/A N/A
US
Mister Car Wash Inc
NYSE:MCW
17.4
16%
1.1
US
Pinelawn Cemetery
OTC:PLWN
Not Available N/A N/A

Market Distribution

Higher than 76% of companies in Thailand
Percentile
76th
Based on 357 companies
76th percentile
18.5
Low
0.4 — 8.7
Typical Range
8.7 — 15.7
High
15.7 —
Distribution Statistics
Thailand
Min 0.4
30th Percentile 8.7
Median 11.7
70th Percentile 15.7
Max 2 524.8

Siam Wellness Group PCL
Glance View

Siam Wellness Group Public Co. Ltd. engages in the operation of wellness spa and other related business. The company is headquartered in Bangkok, Bangkok Metropolis. The company went IPO on 2014-10-31. The firm operates four businesses, namely Spa and Wellness business, Hotel and restaurant businesses, Distribution of spa products business and Thai massage school business. The company provides spa services under brands such as RarinJinda Wellness Spa, Let’s Relax, Baan Suan Massage, Stretch me by Let’s Relax, Stretch me Clinic and Dr. Spiller Pure Skin Care Solutions. Its hotel and restaurant business operates the Boutique Hotel Resort business in Chiangmai province in the name of RarinJinda Wellness Spa Resort, managed Rarin Villas. The company also operates a restaurant under the name of Deck One and cafe ORB in Chiangmai province. The company also operates business of distributing the spa products and therapeutic personal care products under the brand LRL. Its subsidiary, Siam Wellness Education Co., Ltd operates Thai Massage School Business in the name of Siam Wellness Thai Massage and Spa school.

SPA Intrinsic Value
4.53 THB
Undervaluation 28%
Intrinsic Value
Price ฿3.24
S
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett