Despite weaker revenue growth forecasts and a modest increase in future P/E, the consensus analyst price target for PTT edged up marginally from THB33.83 to THB34.27.
What's in the News
- Completed share buyback of 238,660,400 shares (0.84%) for THB 7,548.9 million.
- Appointed Mr. Vuttikrai Leewiraphan as Independent Director, replacing Mr. Jatuporn Buruspat.
- Announced cash dividend of THB 0.90 per share for H1 2025.
- Divested subsidiary Neo Mobility Asia Company Limited for THB 83 million to MGC-ASIA Greentech, aligning with strategic direction.
- Designated Dr. Nattapon Nattasomboon as an authorized director.
Valuation Changes
Summary of Valuation Changes for PTT
- The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from THB33.83 to THB34.27.
- The Consensus Revenue Growth forecasts for PTT has significantly fallen from 1.6% per annum to 0.5% per annum.
- The Future P/E for PTT has risen slightly from 11.93x to 12.23x.
Disclaimer
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