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Gulf Development Public Company Limited Stocks

THB 57Last Updated 27.04.2026

Issuer Rating

4/7
Performance

Average

Risk

Limited

Recommendation

Hold

Market Cap

THB 25.84B

Buy
Review
Evaluation
Target price
Dynamics
Performance
Growth
Dividends
Risks
THB 57
Key Takeaways

Risk factor

Low price volatility

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Data is available to registered users only

Profitability factor

Strong growth

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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

Gulf Energy Development Public Company Limited produces and sells electricity, steam, and chilled water to public and private clients in Thailand and internationally. It operates through three segments: Power Business, Consulting Business, and Infrastructure Business. The company generates electricity through gas-fired, solar, and wind power projects under the independent power producers, small power producers, and very small power producer programs. As of December 31, 2021, it had a total installed power capacity of 7,875 megawatts. The company also undertakes infrastructure projects; produces and distributes electricity from biomass; and provides natural gas distribution services; and invests in digital infrastructure and digital-related services business. In addition, it engages in the provision of services related to the operation and maintenance, as well as engineering services of the power plants; solar energy solutions and maintenance services; and infrastructure construction services of liquefied natural gas receiving terminal, including storage of liquefied natural gas and regasification facilities. Further, the company is involved in general trading activities; securities investment business; and the provision of managerial, financial, technical, and research and other services. Gulf Energy Development Public Company Limited was founded in 2007 and is headquartered in Bangkok, Thailand.

Company Valuation

Overvalued
2/7

Considering past and projected metrics, the stock is 'expensive' compared to its peers. In particular, the stock is reasonably priced on P/E, 'expensive' on EV/EBITDA, ov

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Target Price

Slightly negative
3/7

The average target price of GULF-R.BK is 64 and suggests 12% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendati

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
    Data is available to registered users only
  • Other risks
    Data is available to registered users only
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