S

Supalai PCL
SET:SPALI

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Supalai PCL
SET:SPALI
Watchlist
Price: 16.7 THB 0.6% Market Closed
Market Cap: ฿32.5B

P/S

1.3
Current
10%
More Expensive
vs 3-y average of 1.2

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
1.3
=
Market Cap
฿31.9B
/
Revenue
฿24.1B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
1.3
=
Market Cap
฿31.9B
/
Revenue
฿24.1B

Valuation Scenarios

Supalai PCL is trading above its 3-year average

If P/S returns to its 3-Year Average (1.2), the stock would be worth ฿15.24 (9% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-9%
Maximum Upside
+70%
Average Upside
15%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 1.3 ฿16.7
0%
3-Year Average 1.2 ฿15.24
-9%
5-Year Average 1.2 ฿15.69
-6%
Industry Average 2.2 ฿28.4
+70%
Country Average 1.3 ฿17.19
+3%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
฿31.9B
/
Jan 2026
฿24.1B
=
1.3
Current
฿31.9B
/
Dec 2026
฿27.2B
=
1.2
Forward
฿31.9B
/
Dec 2027
฿28.3B
=
1.1
Forward
฿31.9B
/
Dec 2028
฿29.7B
=
1.1
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
P/S Multiple
Revenue Growth P/S to Growth
TH
S
Supalai PCL
SET:SPALI
Average P/S: 63.4
1.3
7%
0.2
US
G
GE Vernova LLC
NYSE:GEV
Not Available
15%
N/A
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
C
China Industrial Group Inc
OTC:CIND
351.6
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
5.7
-3%
N/A
US
F
Fintech Ecosystem Development Corp
NASDAQ:FEXD
Not Available N/A N/A
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available
88%
N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
18%
N/A
US
Symbotic Inc
NASDAQ:SYM
14.9
26%
0.6
US
Coupang Inc
F:788
1
12%
0.1
ZA
V
Vukile Property Fund Ltd
JSE:VKE
5.7
-24%
N/A
P/E Multiple
Earnings Growth PEG
TH
S
Supalai PCL
SET:SPALI
Average P/E: 7 151.7
7.8
12%
0.7
US
G
GE Vernova LLC
NYSE:GEV
Not Available
19%
N/A
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
C
China Industrial Group Inc
OTC:CIND
4 020.7
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
10.6
1%
10.6
US
F
Fintech Ecosystem Development Corp
NASDAQ:FEXD
38 690
N/A N/A
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
47%
N/A
US
Symbotic Inc
NASDAQ:SYM
Negative Multiple: -3 284.6 N/A N/A
US
Coupang Inc
F:788
174.3
96%
1.8
ZA
V
Vukile Property Fund Ltd
JSE:VKE
6.9
-5%
N/A

Market Distribution

In line with most companies in Thailand
Percentile
49th
Based on 423 companies
49th percentile
1.3
Low
0 — 0.7
Typical Range
0.7 — 2.2
High
2.2 —
Distribution Statistics
Thailand
Min 0
30th Percentile 0.7
Median 1.3
70th Percentile 2.2
Max 268

Supalai PCL
Glance View

Market Cap
32.5B THB
Industry
N/A

Supalai PCL, a prominent player in Thailand's real estate landscape, has carved its reputation over the years by focusing on a diverse portfolio of residential developments. Founded in 1989, the company has strategically positioned itself to cater to the various needs of buyers across the economic spectrum. From high-rise condominiums and single-detached houses to townhomes, Supalai has consistently aimed to identify and meet the evolving demands of urbanization in Thailand. The company’s business model is built on a keen understanding of local markets, demographic shifts, and urban trends, which allows it to build quality properties that attract buyers looking for modern, comfortable living spaces. The financial engine of Supalai PCL is powered by a robust revenue stream generated primarily through the sale of these residential properties. By maintaining a keen eye on cost efficiency and construction quality, the company has managed to keep its margins healthy, offering competitive prices without compromising on quality. Supalai employs a strategic approach to land acquisition, ensuring that its developments are located in areas with high growth potential and accessibility, which in turn boosts their sales appeal. With a steady cash flow from property sales and a prudent reinvestment strategy, Supalai has steadily expanded its footprint in Thailand’s bustling real estate market. The company's ability to adapt to market needs and manage economic cycles effectively has kept it in good stead amidst a competitive landscape.

SPALI Intrinsic Value
14.45 THB
Overvaluation 13%
Intrinsic Value
Price ฿16.7
S
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