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Siam Global House PCL
SET:GLOBAL

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Siam Global House PCL
SET:GLOBAL
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Price: 6.6 THB -0.75% Market Closed
Market Cap: ฿37B

P/B

1.4
Current
52%
Cheaper
vs 3-y average of 3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.4
=
Market Cap
฿36.1B
/
Total Equity
฿25.5B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.4
=
Market Cap
฿36.1B
/
Total Equity
฿25.5B

Valuation Scenarios

Siam Global House PCL is trading below its 3-year average

If P/B returns to its 3-Year Average (3), the stock would be worth ฿13.67 (107% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-30%
Maximum Upside
+133%
Average Upside
50%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.4 ฿6.6
0%
3-Year Average 3 ฿13.67
+107%
5-Year Average 3.4 ฿15.4
+133%
Industry Average 1.3 ฿5.98
-9%
Country Average 1 ฿4.61
-30%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in Thailand
Percentile
65th
Based on 398 companies
65th percentile
1.4
Low
0.1 — 0.7
Typical Range
0.7 — 1.6
High
1.6 —
Distribution Statistics
Thailand
Min 0.1
30th Percentile 0.7
Median 1
70th Percentile 1.6
Max 30.3

Siam Global House PCL
Glance View

Market Cap
37B THB
Industry
Retail

In the sprawling landscape of Thailand's retail sector, Siam Global House PCL stands out as a dynamic player, deftly bridging the gap between construction needs and consumer retail. Founded in 1997, the company has carved a niche for itself as a one-stop hub for construction materials, home improvement items, and general household products. The model revolves around providing a vast array of goods, from cement and steel to gardening tools and home décor—mirroring a hybrid between a hardware store and a department store. This unique combination ensures that not only contractors and builders find solutions under one roof, but also everyday homeowners seeking to upgrade their living spaces or embark on DIY projects. Such a wide product range attracts a diverse customer base, contributing to a steady flow of foot traffic and consistent sales volume across their numerous store locations scattered throughout Thailand. Siam Global House generates revenue principally through its vast retail network of large-format stores that resemble sprawling warehouses. By leveraging a highly efficient supply chain system, the company can maintain an extensive inventory while keeping costs at bay—a strategy that allows it to offer competitive prices. This efficiency is further bolstered by strategic sourcing from both local and international suppliers, ensuring that price and quality align with the demands of their eclectic customer base. Additionally, Global House strengthens its market position by catering to B2B segments, providing bulk supplies for larger projects or to resellers. In an era where consumer behaviour is increasingly swayed by convenience and cost-effectiveness, the company’s blend of product diversity and pricing flexibility positions it well within the retail and construction markets of Thailand.

GLOBAL Intrinsic Value
7.53 THB
Undervaluation 12%
Intrinsic Value
Price ฿6.6
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