Risk factor
Good trading liquidity
Profitability factor
Good growth
About
B.Grimm Power Public Company Limited is an energy enterprise focused on the complete lifecycle of greenfield power plant projects, from conceptualization and funding to construction and ongoing management. Its operations span Thailand, Laos, Cambodia, the Philippines, and Vietnam. The company's activities are divided into two primary areas: power generation and related services. The generation division is responsible for producing and supplying electricity to both public sector entities and industrial clients. Meanwhile, the services segment specializes in the maintenance and operational management of power facilities. B.Grimm Power employs a varied energy mix, including combined heat and power (CHP), solar, hydroelectric, wind, hybrid systems, and waste-to-energy technologies. As of December 31, 2021, its portfolio boasted 53 operational power plants, collectively providing an installed capacity of 3,254 megawatts. Founded in 1878, the company maintains its headquarters in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is 'expensive' on P/E, neutral on EV/EBITD.
Target Price
The average target price of BGRIM.BK is 19.7 and suggests 1.6% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommenda