Obermatt

Thonburi Medical Centre

SET:KDH · TH0162010Y09
Health Care Providers & ServicesSmall

360

84
Medium confidence — indicative
Profit price52
Owner Earnings Yield93
Dividend Yield1
Price/Sales60
EV / Gross Profit76
Price/Book54
Return on Capital95
Cash Return on Capital92
Return on Equity94
EBIT Margin85
Gross Profitability89
Cash Conversion17
Accruals24
Owner Earnings Margin83
Sales growth69
Profit Growth75
Long-Term EPS Growth32
Owner Earnings Growth76
Reinvestment48
Price momentum51
Debt load91
Refinancing95
Debt Payback100
Liquidity94
Analyst ratings
Expectations trend
Market mood6
Value Creation18/20strong value creator
  • 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

Thonburi Medical Centre generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryThailand
IndustryHealth Care Providers & Services
SizeSmall
TypePublic Company
ExchangeSET
Founded1993
Websitekdh.co.th
ISINTH0162010Y09
Last UpdateApr 2, 2026
Themes
Outpatient CareDermatologyHealth DiagnosticsSurgeryAllergy

Description

Thonburi Medical Centre Public Company Limited operates predominantly within the hospital industry and focuses on providing healthcare services in Thailand. With a single geographic area for its operations, it has streamlined its offerings to cater t…

Analysis

Quality compounder

Thonburi Medical Centre Public Company Limited earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is attractive. The owner-earnings multiple stands at 11.2×; owner earnings: the cash an owner could take out each year.

Growth is moderate; the safety picture is sturdy. The company scores 18/20 on our value-creation score: strong value creator.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

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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 →