Asset World Corp Public Company Limited

SET:AWC Stock Report

Market Cap: ฿99.9b

Asset World Corp Valuation

Is AWC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AWC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
฿0.51
Fair Value
508.1% overvalued intrinsic discount
10
Number of Analysts

Below Fair Value: AWC (THB3.12) is trading above our estimate of fair value (THB0.51)

Significantly Below Fair Value: AWC is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AWC?

Key metric: As AWC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AWC. This is calculated by dividing AWC's market cap by their current earnings.
What is AWC's PE Ratio?
PE Ratio18.4x
Earnings฿5.42b
Market Cap฿99.86b

Price to Earnings Ratio vs Peers

How does AWC's PE Ratio compare to its peers?

The above table shows the PE ratio for AWC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average52.6x
MINT Minor International
41.3x35.2%฿135.5b
ERW Erawan Group
14.8x-6.7%฿16.5b
LRH Laguna Resorts & Hotels
7.1xn/a฿6.5b
SHR S Hotels and Resorts
147x72.2%฿7.4b
AWC Asset World Corp
18.4x2.0%฿99.9b

Price-To-Earnings vs Peers: AWC is good value based on its Price-To-Earnings Ratio (18.4x) compared to the peer average (52.6x).

Price to Earnings Ratio vs Industry

How does AWC's PE Ratio compare vs other companies in the Asian Hospitality Industry?

18 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AWC 18.4xIndustry Avg. 21.9xNo. of Companies69PE01632486480+
18 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AWC is good value based on its Price-To-Earnings Ratio (18.4x) compared to the Asian Hospitality industry average (21.9x).

Price to Earnings Ratio vs Fair Ratio

What is AWC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AWC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.4x
Fair PE Ratio22.9x

Price-To-Earnings vs Fair Ratio: AWC is good value based on its Price-To-Earnings Ratio (18.4x) compared to the estimated Fair Price-To-Earnings Ratio (22.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AWC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current฿3.12
฿4.40
+41.0%
12.2%฿5.20฿3.40n/a10
Jan ’26฿3.52
฿4.48
+27.3%
14.8%฿5.80฿3.40n/a10
Dec ’25฿3.56
฿4.53
+27.2%
15.5%฿5.80฿3.40n/a10
Nov ’25฿3.74
฿4.56
+21.9%
15.6%฿5.80฿3.40n/a10
Oct ’25฿3.84
฿4.56
+18.8%
15.6%฿5.80฿3.40n/a10
Sep ’25฿3.32
฿4.70
+41.5%
14.1%฿5.80฿3.40n/a10
Aug ’25฿3.56
฿4.91
+37.9%
13.6%฿5.90฿3.80n/a10
Jul ’25฿3.52
฿4.89
+38.9%
13.9%฿5.90฿3.80n/a10
Jun ’25฿3.80
฿4.97
+30.8%
12.6%฿5.90฿3.90n/a11
May ’25฿4.40
฿4.91
+11.7%
12.8%฿5.90฿3.90n/a11
Apr ’25฿4.14
฿4.93
+19.1%
12.8%฿5.90฿3.60n/a11
Mar ’25฿3.80
฿5.08
+33.8%
12.6%฿5.90฿3.60n/a10
Feb ’25฿4.02
฿5.17
+28.5%
12.7%฿5.90฿3.60n/a10
Jan ’25฿3.56
฿5.23
+46.8%
11.9%฿5.90฿3.60฿3.5210
Dec ’24฿3.72
฿5.38
+44.5%
11.0%฿6.50฿4.20฿3.5610
Nov ’24฿3.42
฿5.53
+61.8%
13.6%฿6.80฿4.20฿3.749
Oct ’24฿3.90
฿5.53
+41.9%
13.6%฿6.80฿4.20฿3.849
Sep ’24฿4.26
฿5.80
+36.2%
13.1%฿6.80฿4.60฿3.3210
Aug ’24฿4.48
฿6.00
+33.9%
12.1%฿6.80฿4.60฿3.5610
Jul ’24฿4.94
฿6.02
+21.9%
11.8%฿6.80฿4.60฿3.5210
Jun ’24฿4.82
฿5.86
+21.5%
14.5%฿6.80฿4.23฿3.8011
May ’24฿5.30
฿5.86
+10.5%
14.5%฿6.80฿4.23฿4.4011
Apr ’24฿5.80
฿5.86
+1.0%
14.5%฿6.80฿4.23฿4.1411
Mar ’24฿5.80
฿5.81
+0.2%
16.7%฿6.80฿4.23฿3.809
Feb ’24฿5.80
฿5.81
+0.2%
16.7%฿6.80฿4.23฿4.029
Jan ’24฿6.30
฿5.69
-9.7%
17.3%฿6.80฿4.00฿3.568
Analyst Price Target
Consensus Narrative from 10 Analysts
฿4.40
Fair Value
29.1% undervalued intrinsic discount
10
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/26 01:26
End of Day Share Price 2025/01/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Asset World Corp Public Company Limited is covered by 16 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Somkij OranchatchawanBNP Paribas Securities (Asia)
Charti PhrawphraikulBofA Global Research
Narumon EkasamutBualuang Securities PCL