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Top Thai (SET) Growth Stocks
UPDATED Aug 06, 2022
What are the best Thai (SET) Growth Stocks?
According to our Simply Wall St analysis these are the best Thai growth companies. We look for companies with high forecasted growth and healthy balance sheets that can deliver sustained growth over the long term.
Our criteria to find Top Growth Companies
Growth
- Companies with sustained revenue growth that outperforms the market are attractive to investors. These companies are most likely to appreciate in share price over time.
What do we look for?
- Is the company forecast to have high earnings growth.
Healthy Balance Sheet
- A healthy balance sheet is essential to drive growth opportunities and sustain the business.
- Repayments on debt take precedence over other initiatives to improve shareholder returns, so investors want to make sure the company is comfortably positioned to cover its debts.
What do we look for?
- Does the company have a manageable level of debt.
- Is the company able to cover its interest repayments.
5 companies meet this criteria in the Thai market
Agripure Holdings Public Company Limited, through its subsidiaries, manufactures and distributes agro products in Thailand.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: APURE's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Trading at 58.9% below our estimate of its fair value
Earnings are forecast to grow 28.98% per year
Risks
High level of non-cash earnings
Shareholders have been diluted in the past year
Peace & Living Public Company Limited operates as a residential real estate development company in Thailand.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: PEACE's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Trading at 55.3% below our estimate of its fair value
Earnings are forecast to grow 21.06% per year
Earnings grew by 78.5% over the past year
Risks
Does not have a meaningful market cap (THB2B)
Infraset Public Company Limited designs and constructs engineering infrastructure in Thailand.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: INSET's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Trading at 74.2% below our estimate of its fair value
Earnings are forecast to grow 20.73% per year
Earnings have grown 18.5% per year over the past 5 years
Risks
Does not have a meaningful market cap (THB3B)
Shareholders have been diluted in the past year
Stars Microelectronics (Thailand) Public Company Limited, together with its subsidiaries, provides electronics manufacturing services in Thailand and the United States.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: SMT's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Trading at 49.3% below our estimate of its fair value
Earnings are forecast to grow 28.56% per year
Earnings have grown 69.4% per year over the past 5 years
Risks
No risks detected for SMT from our risks checks.
Don Muang Tollway Public Company Limited operates a concession for operating the elevated toll road in Thailand.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: DMT's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Trading at 78.2% below our estimate of its fair value
Earnings are forecast to grow 39.26% per year
Risks
No risks detected for DMT from our risks checks.