ERW Share Price Performance
฿2.74
0.74 (37.00%)
41.9% undervalued intrinsic discount
฿4.72
Fair Value
Price ฿2.74
AnalystHighTarget ฿4.72
AnalystConsensusTarget ฿3.23
AnalystLowTarget ฿3.10
Fair Value฿4.72
Share Pricen/a
Narrative Update • May 20
The Erawan Group Public Company Limited Stock Price
- 3 Narratives written by author
- 0 Comments on narratives written by author
- 6 Fair Values set on narratives written by author
ERW Community Narratives
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Fair Value
·Fair Value ฿4.72 41.9% undervalued intrinsic discount
Urbanization And Tech Will Fuel Travel Though Risk Will Mount
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AN
Fair Value
·Fair Value ฿3.23 15.1% undervalued intrinsic discount
HOP INN Expansion In Thailand And Japan Will Increase Presence But High CapEx Poses Financial Risk
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1users have followed this narrative
AN
Fair Value
·Fair Value ฿3.1 11.6% undervalued intrinsic discount
Thai Tourism Dependency Will Shatter Margins Amid Heightened Risks
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Urbanization And Tech Will Fuel Travel Though Risk Will Mount
Erawan Group’s budget hotels and new sites outside Thailand are picking up faster than many expect, helped by tighter cost control and more direct online booking. But the story has a catch: the business still leans heavily on Thailand and faces rising pressure from weather shocks, changing travel habits, and tougher competition.Read more
AN
฿4.72
41.9% undervalued intrinsic discount
Fair Value
Revenue
7.26% p.a.
Profit Margin
11.9%
Future PE
28.56x
Price in 2029
฿6.81
Thai Tourism Dependency Will Shatter Margins Amid Heightened Risks
Key Takeaways Heavy dependence on Thai tourism and asset-heavy growth makes the company highly vulnerable to external shocks, rising costs, and competitive pressures. Lagging in sustainability and digital transformation risks eroding competitive advantage, reducing market share, and weakening earnings over time.Read more
AN
฿3.1
11.6% undervalued intrinsic discount
Fair Value
Revenue
3.33% p.a.
Profit Margin
11.68%
Future PE
21.7x
Price in 2029
฿4.54
HOP INN Expansion In Thailand And Japan Will Increase Presence But High CapEx Poses Financial Risk
Key Takeaways Expansion in the budget segment with HOP INN hotels and new locations in Thailand and Japan is expected to drive substantial revenue growth. Focus on cost management and renovating luxury properties is anticipated to enhance margins and increase overall revenue and profitability.Read more
AN
฿3.23
15.1% undervalued intrinsic discount
Fair Value
Revenue
5.19% p.a.
Profit Margin
10.47%
Future PE
24.47x
Price in 2028
฿4.86
Trending Discussion
Recently Updated Narratives
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ERW: Cash Dividend And Lower Discount Rate Will Support Future Upside
Fair Value: ฿4.72 41.9% undervalued intrinsic discount
4 fair values setusers have set this as their fair value
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AN
ERW: Dividend Plan And Slightly Higher P/E Assumption Will Support Upside Potential
Fair Value: ฿3.1 11.6% undervalued intrinsic discount
0 fair values setusers have set this as their fair value
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AN
HOP INN Expansion In Thailand And Japan Will Increase Presence But High CapEx Poses Financial Risk
Fair Value: ฿3.23 15.1% undervalued intrinsic discount
1 fair value setusers have set this as their fair value
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Snowflake Analysis
The Erawan Group Public Company Limited Key Details
Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
- 0.18
- 59.19%
- 10.78%
- 102.8%
About ERW
- Founded
- 1982
- Employees
- n/a
- CEO
- WebsiteView website
The Erawan Group Public Company Limited engages in hotel, and building rental and management businesses primarily in Thailand, Japan, and Philippines. The company operates hotels and resorts under the Grand Hyatt Erawan Bangkok, IBIS, JW Marriott Bangkok, The Naka Island, Courtyard by Marriott Bangkok, Holiday Inn Pattaya, IBIS Styles, Novotel Bangkok Sukhumvit 4, Holiday Inn Cebu City, Mercure Hotels, and HOP INN names. It also rents commercial retail property under the name Erawan Bangkok, as well as a shopping plaza and one office building. In addition, the company is involved in restaurant business, under Man Ho Bistro, a Chinese culinary eatery; and Chisana Nami, a modern teppanyaki. The company was incorporated in 1982 and is headquartered in Bangkok, Thailand.
