Risk factor
Poor trading liquidity
Profitability factor
Decent dividends
About
Sermsang Power Corporation Public Company Limited (SSP-R.BK) is actively engaged in the sustainable energy industry, focusing on electricity generation. The company harnesses power from various clean sources, including expansive solar farms, rooftop solar installations, wind turbine facilities, and biomass plants. Its solar ventures, encompassing both ground-mounted and rooftop systems, span multiple countries, with operations in Thailand, Japan, Vietnam, Mongolia, and Indonesia. Sermsang Power supplies the generated electricity to a diverse clientele, such as state-owned and publicly listed utility corporations, as well as industrial end-users. Beyond power production, the firm also provides specialized investment and advisory services. Established in 2010, its corporate headquarters are located in Bangkok, Thailand.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA,
Target Price
The average target price of SSP.BK is 4.80 and suggests 33.8% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to