SPC.BK
Saha Pathanapibul PCL
Price:  
58.5 
THB
Volume:  
600
Thailand | Distributors

SPC.BK DCF Valuation - Growth Exit 5Y

49 %
Upside

What is the DCF valuation of SPC.BK?

The Discounted Cash Flow (DCF) valuation of Saha Pathanapibul PCL (SPC.BK) is 87.14 THB. With the latest stock price at 58.50 THB, the upside of Saha Pathanapibul PCL based on DCF is 49%.

Is SPC.BK a buy or a sell?

Based on the latest price of 58.50 THB and our DCF valuation, Saha Pathanapibul PCL (SPC.BK) is a buy. Buying SPC.BK stocks now will result in a potential gain of 49%.

Range Selected
WACC / Discount Rate6.3% - 10.3%8.3%
Long-term Growth Rate 0.0% - 1.0%0.5%
Fair Price68.89 - 122.5787.14
Upside17.8% - 109.5%49.0%
58.50 THB
Stock Price
87.14 THB
Fair Price
REVENUE & EXPENSES
CAPEX
D&A
WORKING CAPITAL
TERMINAL VALUE

SPC.BK DCF Valuation: Revenue & Expenses Forecast

(THB in millions)Projections
12-202412-202512-202612-202712-202812-2029
Revenue40,97842,37143,21844,68846,97747,917
% Growth
8%3%2%3%5%2%
Cost of goods sold(33,759)(34,907)(35,605)(36,815)(38,702)(39,476)
% of Revenue82%82%82%82%82%82%
Selling, G&A expenses(4,670)(4,829)(4,926)(5,093)(5,354)(5,461)
% of Revenue11%11%11%11%11%11%
Research & Development000000
% of Revenue0%0%0%0%0%0%
Net interest & other expenses794821838866911929
% of Revenue2%2%2%2%2%2%
Tax expense(567)(606)(618)(639)(672)(685)
Tax rate17%18%18%18%18%18%
Net profit2,7762,8502,9073,0063,1603,223
% Margin7%7%7%7%7%7%