Obermatt

Zen Corporation

SET:ZEN · TH8962010006
Hotels, Restaurants & LeisureSmall

360

87
Profit price36
Owner Earnings Yield80
Dividend Yield61
Price/Sales67
EV / Gross Profit85
Price/Book59
Return on Capital49
Cash Return on Capital67
Return on Equity46
EBIT Margin39
Gross Profitability71
Cash Conversion89
Accruals91
Owner Earnings Margin59
Sales growth25
Profit Growth1
Long-Term EPS Growth37
Owner Earnings Growth39
Reinvestment4
Price momentum67
Debt load46
Refinancing72
Debt Payback59
Liquidity45
Analyst ratings1
Opinion Changes50
Price Target Upside30
Market mood7
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

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

Profile

CountryThailand
IndustryHotels, Restaurants & Leisure
SizeSmall
TypePublic Company
ExchangeSET
Founded2018
Employees44
ISINTH8962010006
Last UpdateApr 2, 2026
Themes
Food DeliveryFast-Moving Consumer Goods

Description

Zen Corporation Group Public Company Limited operates primarily in the restaurant industry, with its activities centered around the management and operation of subsidiaries that provide a variety of dining experiences. The company has developed a wel…

Analysis

Quality compounder

ZEN Corporation Group Public Company Limited is a quality compounder: a well-run business trading at a price that reflects what it is worth.

The price is fair. You pay 16.8× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone.

The trajectory is moderate and the balance sheet is sturdy. The company scores 8/20 on our value-creation score: creating some value. Analyst sentiment is cautious.

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
11
2026

All-time high

11

Jun 2026

All-time low

5

Mar 2026

Average rank

8

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
67
Price/Earnings
19
Price/Book
59
Dividend Yield
61
Value (overall)
62

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 →