Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
SAAM Development Public Company Limited is a Thai enterprise specializing in the creation and sale of renewable energy power plants. The company structures its operations through two primary divisions: Development Service and Electricity Distribution. Its core activities include the internal development and management of solar power facilities, the acquisition of land for projects along with associated services, and strategic investments in both renewable energy and non-energy ventures. Established in 2007, the firm was formerly known as SAAM Energy Development Public Company Limited, officially adopting its present name on September 17, 2021. Its corporate headquarters are situated in Bangkok, Thailand.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is overvalued on EV/EBITDA, overpriced on P/FC.