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Stock Screener·Thailand·Utilities·WHAUP-R.BK
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WHA Utilities and Power Public Company Limited Stocks

THB 6.55Last Updated 03.11.2026

Issuer Rating

3/7
Performance

Average

Risk

Considerable

Recommendation

Sell

Market Cap

THB 770.16M

THB 6.55
Key Takeaways

Risk factor

Weak & very vulnerable to price shocks

Data is available to registered users only
Data is available to registered users only

Profitability factor

Overvalued vs peers

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Data is available to registered users only
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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

WHA Utilities and Power Public Company Limited (WHAUP) delivers comprehensive utility products and services across Thailand and internationally. The company's operations are divided into three core segments: Water Business, Power Business, and a Holding Company. Its Water Business involves the procurement and distribution of raw and industrial water, along with providing wastewater treatment services, primarily to clients within industrial estates and lands, as well as other commercial consumers. Concurrently, the Power Business focuses on electricity generation and supply. WHAUP possesses an approximate total generation capacity of 2,619 megawatts, utilizing a diverse portfolio of energy sources including natural gas, coal, hydro, solar, and waste-to-energy technologies. Founded in 2008, the company was initially known as Hemaraj Clean Water Company Limited, later rebranding to WHA Utilities and Power Public Company Limited in August 2016. WHAUP is headquartered in Samut Prakarn, Thailand, and operates as a subsidiary of WHA Industrial Development Public Company Limited.

Company Valuation

Overvalued
2/7

Based on key historical and expected multiples, the stock is overvalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/E

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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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