E

Erawan Group PCL
SET:ERW

Watchlist Manager
Erawan Group PCL
SET:ERW
Watchlist
Price: 2.54 THB 0.79% Market Closed
Market Cap: ฿12.4B
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+124%
5Y
+128%
10Y
+50%
Operating Income
+
3Y
-
5Y
-
10Y
+152%
Net Income
+
3Y
-
5Y
-
10Y
+476%

Earnings Waterfall
Erawan Group PCL

Income Statement
Erawan Group PCL

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Income Statement
Currency: THB
Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
250
210
179
149
139
132
122
114
114
116
123
138
154
174
193
202
223
234
234
231
221
217
223
248
274
295
309
306
307
315
328
346
361
376
389
402
407
405
404
399
393
392
384
376
368
356
351
351
360
373
385
390
387
381
373
367
362
353
347
346
344
344
348
350
360
372
385
396
402
445
480
498
527
535
537
543
509
495
469
457
456
481
514
550
584
625
664
693
697
691
0
0
Revenue
3 009
N/A
2 940
-2%
2 757
-6%
2 607
-5%
2 458
-6%
2 376
-3%
2 442
+3%
2 456
+1%
2 488
+1%
2 547
+2%
2 603
+2%
2 724
+5%
2 858
+5%
3 038
+6%
3 190
+5%
3 280
+3%
3 331
+2%
3 297
-1%
3 210
-3%
3 170
-1%
3 194
+1%
3 289
+3%
3 416
+4%
3 476
+2%
3 376
-3%
3 231
-4%
3 045
-6%
2 957
-3%
3 149
+6%
3 387
+8%
3 241
-4%
3 313
+2%
3 321
+0%
3 428
+3%
3 782
+10%
3 893
+3%
3 756
-4%
3 798
+1%
3 946
+4%
3 958
+0%
4 302
+9%
4 434
+3%
4 478
+1%
4 637
+4%
4 702
+1%
4 403
-6%
4 259
-3%
4 183
-2%
4 285
+2%
4 731
+10%
5 041
+7%
5 234
+4%
5 255
+0%
5 350
+2%
5 421
+1%
5 580
+3%
5 624
+1%
5 702
+1%
5 770
+1%
5 843
+1%
5 996
+3%
6 152
+3%
6 156
+0%
6 138
0%
6 256
+2%
6 238
0%
6 285
+1%
6 353
+1%
6 379
+0%
5 832
-9%
4 515
-23%
3 445
-24%
2 306
-33%
1 473
-36%
1 656
+12%
1 455
-12%
1 485
+2%
1 746
+18%
2 458
+41%
3 515
+43%
4 629
+32%
5 743
+24%
6 393
+11%
6 845
+7%
6 986
+2%
7 208
+3%
7 419
+3%
7 532
+2%
7 872
+5%
8 025
+2%
7 934
-1%
7 868
-1%
Gross Profit
Cost of Revenue
(1 444)
(1 413)
(1 331)
(1 218)
(1 096)
(1 053)
(1 034)
(1 030)
(1 061)
(1 100)
(1 158)
(1 251)
(1 269)
(1 322)
(1 369)
(1 376)
(1 402)
(1 410)
(1 392)
(1 373)
(1 360)
(1 372)
(1 404)
(1 449)
(1 455)
(1 446)
(1 431)
(1 420)
(1 491)
(1 589)
(1 565)
(1 621)
(1 643)
(1 655)
(1 794)
(1 816)
(1 790)
(1 813)
(1 829)
(1 866)
(1 966)
(2 017)
(2 088)
(2 159)
(2 215)
(2 170)
(2 158)
(2 174)
(2 230)
(2 370)
(2 458)
(2 520)
(2 513)
(2 541)
(2 561)
(2 573)
(2 575)
(2 588)
(2 574)
(2 592)
(2 636)
(2 677)
(2 721)
(2 755)
(2 813)
(2 833)
(2 882)
(2 917)
(2 900)
(2 750)
(2 184)
(1 801)
(1 465)
(1 190)
(1 332)
(1 277)
(1 284)
(1 374)
(1 609)
(1 930)
(2 282)
(2 653)
(2 859)
(3 009)
(3 035)
(3 053)
(3 136)
0
0
0
0
0
Gross Profit
1 565
N/A
1 527
-2%
1 427
-7%
1 390
-3%
1 361
-2%
1 323
-3%
1 408
+6%
1 427
+1%
1 428
+0%
1 447
+1%
1 446
0%
1 473
+2%
1 589
+8%
1 717
+8%
1 822
+6%
1 904
+5%
1 929
+1%
1 887
-2%
1 818
-4%
1 798
-1%
1 834
+2%
1 917
+5%
2 013
+5%
2 027
+1%
1 921
-5%
1 784
-7%
1 614
-10%
1 538
-5%
1 658
+8%
1 798
+8%
1 676
-7%
1 692
+1%
1 678
-1%
1 772
+6%
1 988
+12%
2 078
+5%
1 966
-5%
1 985
+1%
2 117
+7%
2 091
-1%
2 337
+12%
2 417
+3%
2 389
-1%
2 478
+4%
2 487
+0%
2 233
-10%
2 101
-6%
2 009
-4%
2 055
+2%
2 361
+15%
2 583
+9%
2 713
+5%
2 742
+1%
2 809
+2%
2 860
+2%
3 007
+5%
3 049
+1%
3 114
+2%
3 196
+3%
3 251
+2%
3 360
+3%
3 475
+3%
3 435
-1%
3 383
-2%
3 444
+2%
3 405
-1%
3 403
0%
3 435
+1%
3 479
+1%
3 082
-11%
2 331
-24%
1 644
-29%
841
-49%
283
-66%
324
+15%
179
-45%
201
+13%
372
+85%
849
+128%
1 585
+87%
2 346
+48%
3 091
+32%
3 533
+14%
3 836
+9%
3 952
+3%
4 155
+5%
4 283
+3%
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
Operating Income
Operating Expenses
(958)
(1 007)
(977)
(883)
(846)
(734)
(751)
(801)
(855)
(897)
(925)
(966)
(1 015)
(1 083)
(1 112)
(1 137)
(1 153)
(1 139)
(1 117)
(1 135)
(1 226)
(1 243)
(1 370)
(1 439)
(1 422)
(1 440)
(1 420)
(1 434)
(1 508)
(1 542)
(1 516)
(1 546)
(1 562)
(1 608)
(1 660)
(1 022)
(1 648)
(987)
(1 672)
(1 661)
(1 745)
(1 764)
(1 891)
(1 929)
(1 955)
(1 891)
(1 759)
(1 765)
(1 815)
(1 920)
(2 042)
(2 091)
(2 058)
(2 077)
(2 092)
(2 133)
(2 212)
(2 193)
(2 223)
(2 235)
(2 309)
(2 278)
(2 276)
(2 300)
(2 371)
(2 363)
(2 398)
(2 410)
(2 442)
(2 420)
(2 283)
(2 181)
(1 986)
(1 958)
(1 804)
(1 723)
(1 800)
(1 795)
(1 838)
(2 001)
(2 212)
(2 341)
(2 486)
(2 590)
(2 689)
(2 639)
(2 715)
(5 965)
(6 101)
(6 312)
(6 286)
(6 300)
Selling, General & Administrative
(708)
(721)
(698)
(695)
(644)
(567)
(592)
(590)
(617)
(639)
(641)
(661)
(704)
(757)
(792)
(801)
(776)
(748)
(734)
(760)
(823)
(879)
(959)
(978)
(947)
(924)
(865)
(867)
(918)
(947)
(903)
(904)
(916)
(938)
(1 038)
(1 079)
(1 062)
(1 080)
(1 095)
(1 084)
(1 134)
(1 169)
(1 253)
(1 290)
(1 307)
(1 257)
(1 174)
(1 168)
(1 205)
(1 292)
(1 360)
(1 399)
(1 374)
(1 397)
(1 414)
(1 452)
(1 482)
(1 503)
(1 532)
(1 544)
(1 571)
(1 579)
(1 570)
(1 589)
(1 595)
(1 610)
(1 626)
(1 622)
(1 651)
(1 571)
(1 368)
(1 214)
(1 005)
(846)
(869)
(838)
(2 199)
(962)
(1 059)
(1 210)
(3 660)
(1 556)
(1 687)
(1 779)
(4 873)
(3 466)
(4 323)
(5 171)
(5 273)
(5 338)
(5 299)
(5 303)
Depreciation & Amortization
(309)
(291)
(273)
(254)
(256)
(260)
(261)
(267)
(278)
(289)
(302)
(325)
(346)
(363)
(382)
(394)
(401)
(410)
(405)
(398)
(427)
(432)
(453)
(490)
(505)
(542)
(582)
(604)
(628)
(647)
(663)
(679)
(684)
(691)
(678)
(664)
(646)
(629)
(633)
(634)
(641)
(647)
(660)
(664)
(665)
(660)
(650)
(660)
(672)
(690)
(709)
(716)
(647)
(720)
(721)
(725)
(659)
(730)
(732)
(735)
(668)
(742)
(747)
(753)
(704)
(799)
(818)
(830)
(830)
(887)
(943)
(995)
(1 012)
(991)
(973)
(944)
(936)
(906)
(877)
(868)
(872)
(876)
(883)
(895)
(901)
(919)
(939)
(962)
(995)
(1 011)
(1 025)
(1 033)
Other Operating Expenses
59
5
(7)
66
53
92
102
57
39
31
18
20
35
38
63
58
24
20
23
23
24
69
42
29
30
26
26
37
38
51
50
38
38
21
56
721
59
723
56
57
31
53
22
24
18
26
64
63
62
62
26
24
(37)
40
43
43
(71)
40
41
44
(70)
43
40
42
(72)
45
46
42
39
38
28
28
31
(121)
39
58
1 335
73
98
77
2 320
91
84
84
3 085
1 746
2 547
168
167
37
38
36
Operating Income
607
N/A
519
-14%
450
-13%
507
+13%
515
+2%
589
+14%
656
+11%
626
-5%
572
-9%
550
-4%
520
-5%
507
-2%
574
+13%
634
+10%
710
+12%
767
+8%
776
+1%
749
-3%
702
-6%
663
-6%
608
-8%
674
+11%
642
-5%
588
-8%
499
-15%
345
-31%
194
-44%
103
-47%
151
+46%
255
+70%
160
-37%
146
-9%
116
-20%
165
+41%
328
+99%
1 056
+222%
317
-70%
998
+215%
445
-55%
430
-3%
592
+38%
654
+10%
499
-24%
548
+10%
533
-3%
342
-36%
341
0%
244
-29%
240
-2%
441
+84%
540
+22%
623
+15%
684
+10%
732
+7%
768
+5%
874
+14%
837
-4%
921
+10%
973
+6%
1 016
+4%
1 051
+3%
1 197
+14%
1 159
-3%
1 083
-7%
1 072
-1%
1 041
-3%
1 005
-4%
1 026
+2%
1 037
+1%
662
-36%
48
-93%
(537)
N/A
(1 144)
-113%
(1 675)
-46%
(1 479)
+12%
(1 545)
-4%
(1 598)
-3%
(1 423)
+11%
(989)
+30%
(416)
+58%
135
N/A
750
+456%
1 047
+40%
1 246
+19%
1 263
+1%
1 516
+20%
1 567
+3%
1 566
0%
1 771
+13%
1 713
-3%
1 648
-4%
1 568
-5%
Pre-Tax Income
Interest Income Expense
(233)
(202)
(171)
(107)
(98)
(125)
(115)
(107)
(106)
(108)
(114)
(129)
(147)
(143)
(186)
(195)
(192)
(92)
(67)
(51)
(48)
(216)
(222)
(247)
(267)
(287)
(302)
(299)
(302)
(311)
(323)
(341)
(356)
(370)
(383)
(393)
(398)
(396)
(395)
(392)
(385)
(385)
(371)
(358)
(343)
(327)
(322)
(323)
(332)
(343)
(355)
(359)
(359)
(354)
(346)
(348)
(337)
(347)
(345)
(362)
(357)
(369)
(370)
(346)
(353)
(349)
(358)
(368)
(380)
(427)
(479)
(498)
(535)
(545)
(540)
(549)
(493)
(482)
(446)
(434)
(396)
(449)
(468)
(504)
(540)
(583)
(408)
(440)
(453)
(448)
(658)
(632)
Non-Reccuring Items
(75)
0
0
0
27
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
664
0
664
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(25)
(91)
0
(286)
(261)
(7)
(29)
94
94
12
0
0
0
1
0
0
0
8
0
0
0
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
23
0
864
0
867
0
0
0
1
0
0
0
4
0
0
0
0
0
0
0
0
0
0
0
4
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
(0)
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
0
(0)
0
0
0
(0)
(0)
(0)
0
(0)
(0)
(0)
0
0
0
0
0
(0)
(0)
0
0
0
0
0
(0)
0
0
864
0
864
0
0
0
0
(0)
(0)
0
(0)
0
0
30
(0)
(0)
(0)
43
0
0
0
35
0
0
0
0
0
0
0
(46)
0
1
1
(12)
2
1
1
11
25
34
35
19
8
(0)
(1)
(5)
2
2
2
Pre-Tax Income
300
N/A
318
+6%
279
-12%
399
+43%
444
+11%
465
+5%
541
+16%
519
-4%
466
-10%
442
-5%
407
-8%
378
-7%
427
+13%
491
+15%
524
+7%
572
+9%
583
+2%
657
+13%
635
-3%
612
-4%
560
-9%
458
-18%
420
-8%
341
-19%
233
-32%
57
-75%
(108)
N/A
(196)
-82%
(152)
+23%
(56)
+63%
(163)
-194%
(195)
-19%
(239)
-23%
(206)
+14%
610
N/A
663
+9%
584
-12%
603
+3%
50
-92%
38
-24%
230
+504%
269
+17%
992
+268%
1 055
+6%
1 057
+0%
879
-17%
20
-98%
(79)
N/A
(91)
-16%
98
N/A
185
+89%
264
+42%
329
+25%
378
+15%
422
+12%
525
+24%
529
+1%
573
+8%
627
+9%
653
+4%
737
+13%
828
+12%
789
-5%
738
-7%
757
+3%
694
-8%
648
-7%
659
+2%
657
0%
235
-64%
(430)
N/A
(1 060)
-146%
(1 818)
-71%
(2 220)
-22%
(2 304)
-4%
(2 354)
-2%
(2 110)
+10%
(1 932)
+8%
(1 340)
+31%
(755)
+44%
(239)
+68%
326
N/A
614
+88%
777
+27%
743
-4%
941
+27%
1 159
+23%
1 126
-3%
1 321
+17%
1 267
-4%
992
-22%
938
-5%
Net Income
Tax Provision
(183)
(223)
(205)
(204)
(81)
(63)
(66)
(55)
(78)
(82)
(98)
(107)
(113)
(119)
(106)
(103)
(105)
(97)
(93)
(89)
(96)
(105)
(115)
(113)
(93)
(73)
(49)
(39)
(46)
(50)
(36)
(33)
(20)
(29)
(49)
(65)
(54)
(49)
(62)
(46)
(63)
(104)
(119)
(132)
(91)
(86)
(47)
(29)
(19)
(47)
(64)
(78)
(99)
(104)
(106)
(123)
(122)
(137)
(148)
(152)
(172)
(184)
(175)
(163)
(164)
(154)
(147)
(153)
(155)
(92)
(74)
(35)
39
36
53
(30)
(46)
(35)
(54)
24
26
23
22
20
17
10
14
16
(9)
(20)
(40)
(52)
Income from Continuing Operations
117
95
75
195
364
402
476
464
388
360
308
271
314
371
418
469
479
560
542
523
464
353
305
228
140
(16)
(157)
(235)
(197)
(106)
(199)
(227)
(259)
(235)
561
598
530
554
(12)
(8)
167
165
873
923
966
794
(27)
(107)
(110)
52
121
185
230
274
316
402
408
436
480
501
565
644
614
575
593
540
501
506
503
143
(504)
(1 096)
(1 779)
(2 184)
(2 251)
(2 384)
(2 155)
(1 967)
(1 394)
(731)
(213)
349
636
797
760
951
1 173
1 142
1 313
1 247
951
886
Income to Minority Interest
(49)
(40)
(30)
(27)
(48)
(47)
(52)
(51)
(48)
(50)
(49)
(50)
(56)
(62)
(65)
(68)
(69)
(64)
(61)
(59)
(62)
(68)
(74)
(73)
(61)
(49)
(35)
(29)
(32)
(34)
(18)
(19)
(16)
(21)
(42)
(50)
(39)
(42)
(55)
(45)
(61)
(57)
(38)
(39)
(30)
(2)
5
8
(1)
(27)
(38)
(39)
(35)
(27)
(27)
(38)
(41)
(53)
(56)
(54)
(59)
(60)
(58)
(57)
(57)
(55)
(53)
(56)
(57)
(35)
(5)
30
63
79
82
105
105
96
73
22
(11)
(22)
(28)
(28)
(17)
(30)
(32)
(25)
(32)
(38)
(40)
(44)
Net Income (Common)
68
N/A
55
-18%
44
-20%
168
+279%
316
+88%
355
+13%
424
+19%
413
-2%
339
-18%
310
-9%
260
-16%
221
-15%
258
+16%
309
+20%
353
+14%
401
+14%
410
+2%
497
+21%
481
-3%
464
-4%
402
-13%
285
-29%
231
-19%
155
-33%
78
-50%
(65)
N/A
(192)
-196%
(264)
-37%
(229)
+13%
(140)
+39%
(217)
-55%
(246)
-13%
(275)
-12%
(255)
+7%
519
N/A
548
+6%
491
-10%
512
+4%
(67)
N/A
(54)
+20%
106
N/A
108
+2%
835
+677%
884
+6%
937
+6%
792
-15%
(22)
N/A
(100)
-344%
(112)
-12%
25
N/A
83
+234%
146
+76%
195
+34%
247
+26%
289
+17%
365
+26%
367
+1%
384
+5%
424
+11%
448
+6%
506
+13%
583
+15%
556
-5%
518
-7%
536
+4%
485
-10%
448
-8%
450
+0%
446
-1%
108
-76%
(509)
N/A
(1 066)
-109%
(1 715)
-61%
(2 105)
-23%
(2 169)
-3%
(2 278)
-5%
(2 050)
+10%
(1 871)
+9%
(1 321)
+29%
(709)
+46%
(224)
+68%
327
N/A
609
+86%
768
+26%
743
-3%
921
+24%
1 141
+24%
1 117
-2%
1 281
+15%
1 209
-6%
911
-25%
843
-7%
EPS (Diluted)
0.04
N/A
0.02
-50%
0.01
-50%
0.08
+700%
0.17
+113%
0.2
+18%
0.24
+20%
0.24
N/A
0.19
-21%
0.17
-11%
0.14
-18%
0.12
-14%
0.14
+17%
0.17
+21%
0.19
+12%
0.23
+21%
0.24
+4%
0.22
-8%
0.21
-5%
0.22
+5%
0.19
-14%
0.12
-37%
0.1
-17%
0.07
-30%
0.04
-43%
-0.02
N/A
-0.08
-300%
-0.11
-38%
-0.1
+9%
-0.06
+40%
-0.1
-67%
-0.11
-10%
-0.12
-9%
-0.12
N/A
0.23
N/A
0.24
+4%
0.22
-8%
0.23
+5%
-0.03
N/A
-0.02
+33%
0.05
N/A
0.04
-20%
0.35
+775%
0.37
+6%
0.4
+8%
0.31
-23%
0
N/A
-0.03
N/A
-0.05
-67%
0.02
N/A
0.04
+100%
0.06
+50%
0.08
+33%
0.1
+25%
0.12
+20%
0.15
+25%
0.09
-40%
0.15
+67%
0.16
+7%
0.17
+6%
0.13
-24%
0.22
+69%
0.21
-5%
0.2
-5%
0.14
-30%
0.19
+36%
0.18
-5%
0.18
N/A
0.11
-39%
0.02
-82%
-0.12
N/A
-0.27
-125%
-0.44
-63%
-0.54
-23%
-0.79
-46%
-0.68
+14%
-0.56
+18%
-0.41
+27%
-0.29
+29%
-0.16
+45%
-0.05
+69%
0.07
N/A
0.13
+86%
0.17
+31%
0.16
-6%
0.2
+25%
0.25
+25%
0.24
-4%
0.27
+13%
0.25
-7%
0.19
-24%
0.17
-11%

See Also

Summary
ERW intrinsic value, competitors valuation, and company profile.
DCF Valuation
ERW stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ERW stock valuation using valuation multiples.
Wall Street Estimates
ERW price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ERW stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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