Obermatt

SPCG Public Company

SET:SPCG · TH0889010Y07
Independent Power and Renewable Electricity ProducersSmall

360

89
Medium confidence — indicative
EV / EBIT97
Price / Owner Earnings39
Owner Earnings Yield98
Dividend Yield1
Price/Sales14
EV / Gross Profit46
Price/Book85
Return on Capital27
Cash Return on Capital86
Return on Equity37
EBIT Margin69
Gross Profitability11
Cash Conversion44
Accruals93
Owner Earnings Margin100
Sales growth10
Profit Growth32
Long-Term EPS Growth31
Owner Earnings Growth63
Reinvestment26
Price momentum79
Debt load97
Refinancing33
Debt Payback100
Liquidity96
Analyst ratings
Expectations trend
Market mood3
Value Creation8/20creating some 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

SPCG Public Company clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryThailand
IndustryIndependent Power and Renewable Electricity Producers
SizeSmall
TypePublic Company
ExchangeSET
Employees24
Websitespcg.co.th
ISINTH0889010Y07
Last UpdateApr 2, 2026
Themes
Energy EfficiencyResidential SolarEnergyRenewable EnergySolar

Description

SPCG Public Company Limited (SPCG) specializes in the manufacture, trading, and installation service of roof sheets, alongside the production and distribution of electricity from solar energy. By focusing on sustainable energy solutions, the company…

Analysis

Middle-of-the-road

SPCG Public Company Limited sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is attractive. The owner-earnings multiple stands at 9.4×; owner earnings: the cash an owner could take out each year.

Growth is moderate; the safety picture is sturdy. The company scores 8/20 on our value-creation score: creating some value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
17
2026

All-time high

45

Mar 2026

All-time low

17

Jun 2026

Average rank

31

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
14
Price/Earnings
29
Price/Book
85
Dividend Yield
1
Value (overall)
23

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 →