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BGrimm Power PCL
SET:BGRIM

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BGrimm Power PCL
SET:BGRIM
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Price: 12.8 THB 3.23% Market Closed
Market Cap: ฿33.4B

P/FCFE

2.5
Current
9%
Cheaper
vs 3-y average of 2.7

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
2.5
=
Market Cap
฿39.9B
/
Free Cash Flow to Equity
฿13.5B

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
2.5
=
Market Cap
฿39.9B
/
Free Cash Flow to Equity
฿13.5B

Valuation Scenarios

BGrimm Power PCL is trading below its 3-year average

If P/FCFE returns to its 3-Year Average (2.7), the stock would be worth ฿14.1 (10% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+444%
Average Upside
251%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 2.5 ฿12.8
0%
3-Year Average 2.7 ฿14.1
+10%
5-Year Average 8.7 ฿45.05
+252%
Industry Average 9.8 ฿50.85
+297%
Country Average 13.4 ฿69.64
+444%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
TH
BGrimm Power PCL
SET:BGRIM
33.4B THB 2.5 44.2
US
Vistra Corp
NYSE:VST
56.3B USD 38.8 74.9
SA
ACWA Power Co
SAU:2082
184.5B SAR 122.6 99.6
IN
Adani Power Ltd
NSE:ADANIPOWER
4.1T INR 21.8 37.1
IN
NTPC Ltd
NSE:NTPC
3.9T INR 10.2 16.5
CN
CGN Power Co Ltd
SZSE:003816
234.3B CNY 8.5 23.9
CN
China National Nuclear Power Co Ltd
SSE:601985
186.6B CNY 13.5 21.5
TH
Gulf Energy Development PCL
SET:GULF
851.6B THB 65 39.8
DE
Uniper SE
XETRA:UN0
17B EUR -9 12.1
US
Talen Energy Corp
NASDAQ:TLN
16.9B USD 4.1 -78
CN
SDIC Power Holdings Co Ltd
SSE:600886
107B CNY 6.8 16.4

Market Distribution

Lower than 97% of companies in Thailand
Percentile
3nd
Based on 285 companies
3nd percentile
2.5
Low
0.1 — 8.8
Typical Range
8.8 — 20
High
20 —
Distribution Statistics
Thailand
Min 0.1
30th Percentile 8.8
Median 13.4
70th Percentile 20
Max 1 747

BGrimm Power PCL
Glance View

Market Cap
33.4B THB
Industry
Utilities

BGrimm Power PCL emerged from the shadows of Thailand's industrial landscape as a pivotal player in the Southeast Asian energy sector. With roots tracing back to the 19th century in Bangkok, BGrimm originally embarked on its journey as a trading firm, gradually evolving into a powerhouse in power generation. Today, it operates a diversified portfolio of power plants, with a robust focus on natural gas, renewable energy, and combined heat and power projects. The company’s operations primarily hinge upon producing and supplying electricity to Thailand's stable yet ambitious industrial sector, serving a multitude of clients through long-term contracts. This business model not only ensures consistent revenue streams but also aligns BGrimm with sustainable development goals, as a significant portion of its investments are channeled into renewable energy projects including solar and wind. At the heart of BGrimm's strategy lies a mission to harness its engineering prowess and financial acumen to tap into the evolving energy demands of Thailand and its neighbors. The company generates income by selling electricity to both government-owned and private utilities, leveraging power purchase agreements that often extend for decades, thus guaranteeing financial stability and predictability. Furthermore, their commitment to expanding in international markets, particularly in countries with burgeoning energy needs, poises them for future growth. By steadily expanding their footprint in the region, BGrimm Power PCL not only reinforces its status in the power generation arena but also reflects a vision deeply embedded in regional collaborations and sustainable energy transformation.

BGRIM Intrinsic Value
23.67 THB
Undervaluation 46%
Intrinsic Value
Price ฿12.8
B
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