BGrimm Power PCL
SET:BGRIM
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EV/EBITDA
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBITDA returns to its 3-Year Average (9.6), the stock would be worth ฿13.38 (10% upside from current price).
| Scenario | EV/EBITDA Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 8.7 | ฿12.2 |
0%
|
| 3-Year Average | 9.6 | ฿13.38 |
+10%
|
| 5-Year Average | 12.2 | ฿17.02 |
+39%
|
| Industry Average | 9.9 | ฿13.83 |
+13%
|
| Country Average | 8.6 | ฿12.05 |
-1%
|
Forward EV/EBITDA
Today’s price vs future ebitda
| Today's Enterprise Value | EBITDA | Forward EV/EBITDA | ||
|---|---|---|---|---|
|
฿123.9B
|
/ |
Jan 2026
฿13.3B
|
= |
|
|
฿123.9B
|
/ |
Dec 2026
฿14.5B
|
= |
|
|
฿123.9B
|
/ |
Dec 2027
฿14.8B
|
= |
|
|
฿123.9B
|
/ |
Dec 2028
฿13.2B
|
= |
|
Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.
Peer Comparison
| Market Cap | EV/EBITDA | P/E | ||||
|---|---|---|---|---|---|---|
| TH |
B
|
BGrimm Power PCL
SET:BGRIM
|
31.8B THB | 8.7 | 42.1 | |
| US |
|
Vistra Corp
NYSE:VST
|
55.3B USD | 14.5 | 73.5 | |
| SA |
|
ACWA Power Co
SAU:2082
|
184.5B SAR | 64.7 | 99.6 | |
| IN |
|
NTPC Ltd
NSE:NTPC
|
3.8T INR | 10.3 | 15.8 | |
| IN |
|
Adani Power Ltd
NSE:ADANIPOWER
|
3.7T INR | 20.5 | 33.4 | |
| CN |
|
CGN Power Co Ltd
SZSE:003816
|
223.2B CNY | 21.7 | 22.9 | |
| TH |
G
|
Gulf Energy Development PCL
SET:GULF
|
862.8B THB | 45.7 | 40.3 | |
| CN |
|
China National Nuclear Power Co Ltd
SSE:601985
|
180.2B CNY | 19.9 | 20.7 | |
| DE |
|
Uniper SE
XETRA:UN0
|
16.6B EUR | 7.5 | 11.9 | |
| US |
|
Talen Energy Corp
NASDAQ:TLN
|
16.7B USD | 65.8 | -77 | |
| CN |
|
SDIC Power Holdings Co Ltd
SSE:600886
|
106.7B CNY | 12.8 | 16.3 |
Market Distribution
| Min | 0.2 |
| 30th Percentile | 6.6 |
| Median | 8.6 |
| 70th Percentile | 11.4 |
| Max | 3 584.8 |
Other Multiples
BGrimm Power PCL
Glance View
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.