Obermatt

Electricity Generating

SET:EGCO · TH0465010005
Independent Power and Renewable Electricity ProducersMedium

360

21
EV / EBIT27
Price / Owner Earnings19
Owner Earnings Yield72
Dividend Yield87
Price/Sales53
EV / Gross Profit10
Price/Book91
Return on Capital13
Cash Return on Capital60
Return on Equity37
EBIT Margin15
Gross Profitability3
Cash Conversion15
Accruals73
Owner Earnings Margin70
Sales growth44
Profit Growth51
Long-Term EPS Growth82
Owner Earnings Growth10
Reinvestment97
Price momentum61
Debt load41
Refinancing80
Debt Payback31
Liquidity10
Analyst ratings51
Opinion Changes39
Price Target Upside50
Market mood29
Value Creation6/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Electricity Generating doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Profile

CountryThailand
IndustryIndependent Power and Renewable Electricity Producers
SizeMedium
TypePublic Company
ExchangeSET
Founded1992
Employees97
ISINTH0465010005
Last UpdateApr 2, 2026
Themes
Clean EnergyOnshore and Offshore WindBattery Energy Storage System (BESS)Biomass Energy

Description

Electricity Generating Public Company Limited engages in maintaining a diversified portfolio that primarily revolves around electricity generation, with substantial engagements in related sectors, including operating and maintenance services for powe…

Analysis

Middle-of-the-road

Electricity Generating Public Company Limited is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

The price is fair. You pay 15.4× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone. At today's price, the market is assuming roughly 3% yearly growth; analysts expect 21%. The price, in other words, assumes less than the experts do.

The trajectory is moderate and the balance sheet is stretched. The company scores 6/20 on our value-creation score: not creating value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
81
2023202420252026

All-time high

97

Mar 2023

All-time low

56

Mar 2026

Average rank

75

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
53
45
40
28
Price/Earnings
73
93
93
83
Price/Book
91
97
100
81
Dividend Yield
87
75
86
79
Value (overall)
93
86
94
92

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →