W

WHA Corporation PCL
SET:WHA

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WHA Corporation PCL
SET:WHA
Watchlist
Price: 4.1 THB 0.99% Market Closed
Market Cap: ฿61.3B

EV/EBITDA

14.6
Current
3%
Cheaper
vs 3-y median of 15.1

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

EV/EBITDA
14.6
=
Enterprise Value
฿93.5B
/
EBITDA
฿6.5B

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

EV/EBITDA
14.6
=
Enterprise Value
฿93.5B
/
EBITDA
฿6.5B

Valuation Scenarios

WHA Corporation PCL is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (15.1), the stock would be worth ฿4.24 (3% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-41%
Maximum Upside
+3%
Average Downside
14%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 14.6 ฿4.1
0%
3-Year Average 15.1 ฿4.24
+3%
5-Year Average 14.9 ฿4.19
+2%
Industry Average 11.3 ฿3.18
-22%
Country Average 8.6 ฿2.43
-41%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
฿93.5B
/
Jan 2026
฿6.5B
=
14.6
Current
฿93.5B
/
Dec 2026
฿7.4B
=
12.6
Forward
฿93.5B
/
Dec 2027
฿8.1B
=
11.5
Forward
฿93.5B
/
Dec 2028
฿8.6B
=
10.9
Forward

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

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
TH
WHA Corporation PCL
SET:WHA
61.3B THB 14.6 11.9
US
GE Vernova LLC
NYSE:GEV
229.4B USD 0 0
UK
Eight Capital Partners PLC
F:ECS
158.4B EUR 0 0
US
China Industrial Group Inc
OTC:CIND
121B USD 3 417.4 4 020.7
NL
Nepi Rockcastle NV
JSE:NRP
95.5B ZAR 14 10.2
CH
Galderma Group AG
SIX:GALD
33.8B CHF 0 0
US
CoreWeave Inc
NASDAQ:CRWV
40.9B USD 0 0
US
Coupang Inc
F:788
30.5B EUR 30.8 169.4
US
Symbotic Inc
NASDAQ:SYM
30.2B USD -3 633.3 -2 771.9
US
Circle Internet Group Inc
NYSE:CRCL
30.5B USD 0 0
ZA
Vukile Property Fund Ltd
JSE:VKE
27.9B ZAR 16.8 6.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
W
WHA Corporation PCL
SET:WHA
Average EV/EBITDA: 698.7
14.6
10%
1.5
US
G
GE Vernova LLC
NYSE:GEV
Not Available
72%
N/A
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
C
China Industrial Group Inc
OTC:CIND
3 417.4
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
14
N/A N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
25%
N/A
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available
107%
N/A
US
Coupang Inc
F:788
30.8
55%
0.6
US
Symbotic Inc
NASDAQ:SYM
Negative Multiple: -3 633.3 N/A N/A
US
C
Circle Internet Group Inc
NYSE:CRCL
Not Available N/A N/A
ZA
V
Vukile Property Fund Ltd
JSE:VKE
16.8
12%
1.4
P/E Multiple
Earnings Growth PEG
TH
W
WHA Corporation PCL
SET:WHA
Average P/E: 843.7
11.9
3%
4
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
10.2
N/A N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
44%
N/A
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A
US
Coupang Inc
F:788
169.4
105%
1.6
US
Symbotic Inc
NASDAQ:SYM
Negative Multiple: -2 771.9 N/A N/A
US
C
Circle Internet Group Inc
NYSE:CRCL
Not Available N/A N/A
ZA
V
Vukile Property Fund Ltd
JSE:VKE
6.4
-5%
N/A

Market Distribution

Higher than 77% of companies in Thailand
Percentile
77th
Based on 406 companies
77th percentile
14.6
Low
0.2 — 6.6
Typical Range
6.6 — 11.4
High
11.4 —
Distribution Statistics
Thailand
Min 0.2
30th Percentile 6.6
Median 8.6
70th Percentile 11.4
Max 3 584.8

WHA Corporation PCL
Glance View

Market Cap
61.3B THB
Industry
N/A

WHA Corporation PCL, a prominent player in Thailand's logistics and industrial landscape, has carved out a niche by systematically orchestrating the convergence of warehouses, factories, and real estate. Born out of the burgeoning industrial growth of Southeast Asia, this corporation not only offers a sprawling network of logistics parks and warehouses but also extends its reach across utilities and digital solutions. By capitalizing on Thailand's strategic location and its role as a key gateway to the ASEAN Economic Community, WHA Corporation deftly positions itself as a linchpin in the supply chain sector. The company's operations are deeply intertwined with substantial infrastructure projects, facilitating the smooth transit of goods and services, and anchoring its reputation as a logistical juggernaut. Central to WHA Corporation’s business model is its diversified income stream. The company garners revenue through the leasing and sales of industrial properties, tapping into the high demand for strategically located logistic hubs. On the utilities front, WHA generates income by providing essential services like power, water, and digital infrastructure, often tailored to meet the precise needs of its manufacturing clients. Furthermore, by offering comprehensive solutions in industrial development, wastewater management, and smart logistics, WHA Corporation binds itself intricately with its clientele, ensuring stability and sustained income. This multifaceted approach not only solidifies its market presence but also shields it from the volatility that singular business models often encounter. Through strategic partnerships and continuous innovation, WHA Corporation steers itself towards robust growth, harmonizing traditional industrial methods with forward-thinking digital advancements.

WHA Intrinsic Value
5.02 THB
Undervaluation 18%
Intrinsic Value
Price
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