Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Solid dividends
About
SPCG Public Company Limited is a prominent entity in the solar energy sector, primarily focused on generating and distributing electricity in both Thailand and international territories. The company manages an extensive portfolio of 36 solar farm projects, which collectively contribute an impressive 260 megawatts of installed capacity. Beyond its core power generation activities, SPCG offers comprehensive services for solar farms, including engineering, procurement, construction (EPC), as well as ongoing operation, maintenance, and monitoring (O&M). Diversifying its business, the firm also manufactures, supplies, and integrates rooftop solar systems designed for a wide range of applications, from private residences and office buildings to government facilities and industrial factories. Additionally, SPCG deals in steel and metal roofing sheets. Established in 1993, SPCG Public Company Limited is headquartered in Bangkok, Thailand.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, of fair value on EV/EBITDA, trading