Siam Wellness Group Public Company Limited Stocks

THB 3.04Last Updated 27.04.2026

Issuer Rating

4/7
Performance

Average

Risk

Moderate

Recommendation

Hold

Market Cap

THB 118.81M

Buy
Review
Evaluation
Target price
Dynamics
Performance
Growth
Dividends
Risks
THB 3.04
Key Takeaways

Risk factor

Poor trading liquidity

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Data is available to registered users only

Profitability factor

Strong margins and returns

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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

Siam Wellness Group Public Company Limited, together with its subsidiaries, engages in the health spa and wellness-related businesses. The company operates RarinJinda Wellness Spa, a wellness spa; Let's Relax, a day spa service; Baan Suan Massage center; Stretch me by Let's Relax, a stretching studio; Stretch me Clinic; RarinJinda Wellness Spa Resort, a boutique hotel resort; and a restaurant under the Deck One name and a cafe under the ORB name in Chiang Mai city, as well as offers Dr. Spiller Pure Skin Care Solutions for facial indulgence. It also operates a Thai massage school under the Siam Wellness Thai Massage and Spa School name. In addition, the company, distributes spa and therapeutic personal care products, such as massage and essential oils, body masks and scrubs, natural soaps, shower gels, hand creams, aroma spray, body serum, and other products under the Let's Relax Lifestyle brands; facial, body, slimming, wax, and nail products; and spa equipment, such as electric blankets, massage bed sheets, and facial and slimming devices. Further, it provides management and consultancy services. The company distributes its products to hair salons, beauty clinics, hospitals, and spas. As of December 31, 2021, it operated 70 branches, including 65 branches in Thailand and 5 branches internationally. The company was founded in 2001 and is headquartered in Bangkok, Thailand.

Company Valuation

Greatly overvalued
1/7

Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, neutral on EV/EBITDA, ov

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Target Price

Somewhat favourable
5/7

The average target price of SPA.BK is 4.1 and suggests 36% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre

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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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