Inflated ASEAN Expectations Will Erode Margins Amid Risks

Published
01 Dec 24
Updated
07 Aug 25
AnalystConsensusTarget's Fair Value
฿202.71
0.1% overvalued intrinsic discount
07 Aug
฿203.00
Loading
1Y
3.3%
7D
3.0%

Author's Valuation

฿202.7

0.1% overvalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on04 Aug 25
Fair value Increased 7.04%

Despite a notable decline in net profit margin, Siam Cement’s future P/E has risen sharply, reflecting heightened valuation expectations and driving an increase in the consensus analyst price target from THB189.38 to THB202.71. Valuation Changes Summary of Valuation Changes for Siam Cement The Consensus Analyst Price Target has risen from THB189.38 to THB202.71.

Shared on01 May 25
Fair value Increased 8.97%

Shared on23 Apr 25
Fair value Decreased 0.23%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on17 Apr 25
Fair value Decreased 1.08%

AnalystConsensusTarget has increased profit margin from 2.5% to 2.7% and decreased future PE multiple from 20.7x to 18.5x.

Shared on09 Apr 25
Fair value Decreased 1.53%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on02 Apr 25
Fair value Increased 0.022%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25
Fair value Decreased 4.08%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25
Fair value Decreased 1.27%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on12 Mar 25
Fair value Increased 0.093%

AnalystConsensusTarget has decreased profit margin from 3.8% to 2.6% and increased future PE multiple from 14.1x to 21.5x.