B

BGrimm Power PCL
SET:BGRIM

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BGrimm Power PCL
SET:BGRIM
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Price: 12.2 THB Market Closed
Market Cap: ฿31.8B

P/OCF

1.9
Current
63%
Cheaper
vs 3-y median of 5.2

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
1.9
=
Market Cap
฿39.9B
/
Operating Cash Flow
฿16.8B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
1.9
=
Market Cap
฿39.9B
/
Operating Cash Flow
฿16.8B

Valuation Scenarios

BGrimm Power PCL is trading below its 3-year average

If P/OCF returns to its 3-Year Average (5.2), the stock would be worth ฿33.25 (173% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+333%
Average Upside
260%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 1.9 ฿12.2
0%
3-Year Average 5.2 ฿33.25
+173%
5-Year Average 8.2 ฿52.87
+333%
Industry Average 7.3 ฿46.9
+284%
Country Average 6.6 ฿42.6
+249%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
TH
BGrimm Power PCL
SET:BGRIM
31.8B THB 1.9 42.1
US
Vistra Corp
NYSE:VST
55.3B USD 13.6 73.5
SA
ACWA Power Co
SAU:2082
184.5B SAR 41.2 99.6
IN
NTPC Ltd
NSE:NTPC
3.8T INR 5.2 15.8
IN
Adani Power Ltd
NSE:ADANIPOWER
3.7T INR 16 33.4
CN
CGN Power Co Ltd
SZSE:003816
223.2B CNY 7.4 22.9
TH
Gulf Energy Development PCL
SET:GULF
862.8B THB 43.5 40.3
CN
China National Nuclear Power Co Ltd
SSE:601985
180.2B CNY 4.7 20.7
DE
Uniper SE
XETRA:UN0
16.6B EUR -25 11.9
US
Talen Energy Corp
NASDAQ:TLN
16.7B USD 24 -77
CN
SDIC Power Holdings Co Ltd
SSE:600886
106.7B CNY 3.9 16.3

Market Distribution

Lower than 91% of companies in Thailand
Percentile
9th
Based on 352 companies
9th percentile
1.9
Low
0.4 — 4.3
Typical Range
4.3 — 9.7
High
9.7 —
Distribution Statistics
Thailand
Min 0.4
30th Percentile 4.3
Median 6.6
70th Percentile 9.7
Max 13 115.6

BGrimm Power PCL
Glance View

Market Cap
31.8B 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 48%
Intrinsic Value
Price ฿12.2
B
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