` RAM (Ramkhamhaeng Hospital PCL) vs SET Index Comparison - Alpha Spread

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RAM
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SET Index

Over the past 12 months, RAM has underperformed SET Index, delivering a return of -1% compared to SET Index's +519% growth.

Stocks Performance
RAM vs SET Index

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Performance Gap
RAM vs SET Index

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RAM
SET Index
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Performance By Year
RAM vs SET Index

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Competitors Performance
Ramkhamhaeng Hospital PCL vs Peers

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Ramkhamhaeng Hospital PCL
Glance View

Market Cap
21.4B THB
Industry
Health Care

Ramkhamhaeng Hospital PCL runs private hospitals and medical centers in Thailand. It treats outpatients and inpatients, covering everyday doctor visits, specialist care, surgery, emergency services, diagnostics, and other hospital-based treatment. Its customers are mainly Thai patients, including people who pay out of pocket and patients covered by private insurance or employer medical plans. The company makes money by charging for medical consultations, lab tests, imaging, procedures, room charges, medicines, and other hospital services. In a hospital business, the core assets are the doctors, nurses, equipment, and facilities that let the company deliver care under one roof. That gives it a steady role in the healthcare chain: it is the place where patients go for diagnosis and treatment, not a drug maker or medical device seller. What makes this business model different is that demand comes from health needs rather than fashion or consumer trends. Hospital revenue depends on patient visits, referrals, and trust in the quality of care, so reputation and medical capability matter a lot. For investors, the business is easiest to understand as a service provider that earns fees from treating patients and supporting their recovery.

RAM Intrinsic Value
฿72.75
Undervaluation 76%
Intrinsic Value
Price ฿17.8
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