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Electricity Generating PCL
SET:EGCO

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Electricity Generating PCL
SET:EGCO
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Price: 110.5 THB
Market Cap: ฿58.2B

EV/OCF

29.4
Current
104%
More Expensive
vs 3-y average of 14.4

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
29.4
=
Enterprise Value
฿105.1B
/
Operating Cash Flow
฿3.5B

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
29.4
=
Enterprise Value
฿105.1B
/
Operating Cash Flow
฿3.5B

Valuation Scenarios

Electricity Generating PCL is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (14.4), the stock would be worth ฿54.04 (51% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-71%
Maximum Upside
No Upside Scenarios
Average Downside
58%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 29.4 ฿110.5
0%
3-Year Average 14.4 ฿54.04
-51%
5-Year Average 14.4 ฿53.97
-51%
Industry Average 12.6 ฿47.22
-57%
Country Average 8.5 ฿32.09
-71%

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

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
TH
Electricity Generating PCL
SET:EGCO
58.2B THB 29.4 12.3
US
Vistra Corp
NYSE:VST
52.4B USD 17.4 69.6
SA
ACWA Power Co
SAU:2082
184.5B SAR 45.8 99.6
IN
Adani Power Ltd
NSE:ADANIPOWER
3.9T INR 18.4 36.1
IN
NTPC Ltd
NSE:NTPC
3.8T INR 7.7 16.3
CN
CGN Power Co Ltd
SZSE:003816
230.8B CNY 15.1 23.6
TH
Gulf Energy Development PCL
SET:GULF
870.2B THB 55.9 40.7
CN
China National Nuclear Power Co Ltd
SSE:601985
183.3B CNY 15.2 21.4
DE
Uniper SE
XETRA:UN0
17.3B EUR -17.5 12.5
CN
SDIC Power Holdings Co Ltd
SSE:600886
109.4B CNY 8.5 16.7
US
Talen Energy Corp
NASDAQ:TLN
15.1B USD 30.1 -69.5

Market Distribution

Higher than 88% of companies in Thailand
Percentile
88th
Based on 353 companies
88th percentile
29.4
Low
0.2 — 6.1
Typical Range
6.1 — 12
High
12 —
Distribution Statistics
Thailand
Min 0.2
30th Percentile 6.1
Median 8.5
70th Percentile 12
Max 13 428

Electricity Generating PCL
Glance View

Market Cap
58.2B THB
Industry
Utilities

Electricity Generating PCL (EGCO) stands as a prominent figure in Thailand's energy sector, presenting itself as a paragon of diversification and strategic growth. Founded in 1992, the company has adeptly navigated the evolving landscapes of the global energy market, expanding its operations across various countries in the Asia-Pacific region and beyond. EGCO's core business involves the generation and sale of electricity, primarily through long-term Power Purchase Agreements (PPAs) with state utilities and large industrial users. This business model ensures a stable cash flow and underpins the company’s financial stability. The firm boasts an impressive portfolio that includes a mix of thermal, hydroelectric, and increasingly, renewable energy projects, which showcases its commitment to sustainable growth. EGCO’s success emanates from its strategic foresight and robust partnerships. By embracing a diversified portfolio of energy sources and geographical locations, the company mitigates the risks associated with market volatility and regulatory changes. It continually seeks opportunities in renewable energy, aligning itself with global trends towards cleaner energy solutions, a move that also enhances its corporate responsibility profile. Furthermore, EGCO’s approach involves both developing new projects and acquiring existing assets, ensuring a constant expansion of its capacity and operational expertise. With an eye on the future, EGCO endeavors to balance energy demands with environmental considerations, thus ensuring its role as a key player in the region's sustainable energy transition while maintaining its profitability through strategic investments and efficient asset management.

EGCO Intrinsic Value
174.14 THB
Undervaluation 37%
Intrinsic Value
Price ฿110.5
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