Obermatt

SCB X

SET:SCB · THA790010005
BanksSmall

360

22
Profit price58
Cash yield93
Price/Sales18
Price/Book81
Returns on capital55
Profit margins
Cash Conversion61
Accruals36
Owner Earnings Margin50
Sales growth8
Profit Growth95
Long-Term EPS Growth1
Owner Earnings Growth18
Reinvestment14
Price momentum74
Debt load95
Debt serviceability36
Liquidity47
Analyst ratings6
Opinion Changes68
Price Target Upside25
Market mood85
Value Creation10/20creating 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

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

Based on 3/5 components.

Profile

CountryThailand
IndustryBanks
SizeSmall
TypePublic Company
ExchangeSET
Founded2021
Employees275
ISINTHA790010005
Last UpdateApr 2, 2026
Themes
BankingFinanceFinancial Services

Description

SCB X Public Company Limited operates as a holding company for The Siam Commercial Bank Public Company Limited that provides banking services, consumer and digital financial services, platform, and digital asset services. Business Segments The comp…

Analysis

Bargain bin

SCB X Public Company Limited falls in the bargain bin: the price is low relative to peers, but the business metrics give reason to pause.

The price is attractive. You pay 9.9× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -3% yearly growth; analysts expect -74%. The market is pricing in far more than analysts expect: heroic expectations.

The trajectory is weak and the balance sheet is adequate. The company scores 10/20 on our value-creation score: creating some value. Analyst sentiment is cautious.

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

360° rank · history

1007550250
94
2026

All-time high

97

Mar 2026

All-time low

94

Jun 2026

Average rank

96

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
18
Price/Earnings
41
Price/Book
81
Dividend Yield
93
Value (overall)
76

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 →