Bangkok Chain Hospital Public Company Limited

SET:BCH Stock Report

Market Cap: ฿36.4b

Bangkok Chain Hospital Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 BCH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
฿14.21
Fair Value
2.7% overvalued intrinsic discount
17
Number of Analysts

Below Fair Value: BCH (THB14.6) is trading above our estimate of fair value (THB14.21)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for BCH. This is calculated by dividing BCH's market cap by their current earnings.
What is BCH's PE Ratio?
PE Ratio24.7x
Earnings฿1.48b
Market Cap฿36.41b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for BCH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.6x
CHG Chularat Hospital
22.4x9.4%฿25.7b
RAM Ramkhamhaeng Hospital
20.7x16.2%฿26.8b
VIBHA Vibhavadi Medical Center
25.3x11.8%฿25.9b
SKR Sikarin
21.9xn/a฿18.5b
BCH Bangkok Chain Hospital
24.7x12.3%฿36.4b

Price-To-Earnings vs Peers: BCH is expensive based on its Price-To-Earnings Ratio (24.7x) compared to the peer average (22.6x).

Price to Earnings Ratio vs Industry

How does BCH's PE Ratio compare vs other companies in the TH Healthcare Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
BCH 24.7xIndustry Avg. 21.2xNo. of Companies6PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BCH is expensive based on its Price-To-Earnings Ratio (24.7x) compared to the TH Healthcare industry average (21.3x).

Price to Earnings Ratio vs Fair Ratio

What is BCH'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.

BCH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.7x
Fair PE Ratio25.4x

Price-To-Earnings vs Fair Ratio: BCH is good value based on its Price-To-Earnings Ratio (24.7x) compared to the estimated Fair Price-To-Earnings Ratio (25.4x).

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 BCH forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current฿14.60
฿20.16
+38.1%
7.9%฿22.00฿15.50n/a17
Jan ’26฿15.30
฿20.39
+33.3%
8.3%฿23.20฿15.50n/a17
Dec ’25฿16.60
฿20.54
+23.7%
9.2%฿24.00฿15.50n/a17
Nov ’25฿17.40
฿20.68
+18.9%
9.3%฿24.00฿15.50n/a16
Oct ’25฿18.30
฿20.69
+13.1%
9.8%฿24.00฿15.50n/a14
Sep ’25฿15.40
฿21.04
+36.6%
11.6%฿24.50฿15.50n/a14
Aug ’25฿17.00
฿22.66
+33.3%
9.1%฿25.00฿17.30n/a14
Jul ’25฿17.10
฿23.61
+38.1%
5.1%฿25.00฿20.50n/a14
Jun ’25฿18.90
฿23.70
+25.4%
5.4%฿25.00฿20.50n/a13
May ’25฿20.10
฿24.48
+21.8%
4.6%฿26.40฿22.50n/a13
Apr ’25฿20.60
฿24.63
+19.6%
5.0%฿26.40฿22.50n/a13
Mar ’25฿21.50
฿24.42
+13.6%
5.1%฿26.40฿22.50n/a12
Feb ’25฿22.60
฿24.65
+9.1%
5.9%฿27.50฿22.50n/a13
Jan ’25฿22.40
฿22.44
+0.2%
10.6%฿25.00฿17.30฿15.3014
Dec ’24฿21.30
฿22.36
+5.0%
10.4%฿25.00฿17.30฿16.6014
Nov ’24฿20.00
฿21.14
+5.7%
12.0%฿25.00฿15.70฿17.4014
Oct ’24฿19.70
฿20.96
+6.4%
12.1%฿25.00฿15.70฿18.3014
Sep ’24฿19.00
฿21.19
+11.5%
12.8%฿26.50฿15.70฿15.4015
Aug ’24฿17.80
฿21.31
+19.7%
15.1%฿26.50฿15.70฿17.0014
Jul ’24฿17.70
฿21.51
+21.5%
13.8%฿26.50฿17.30฿17.1014
Jun ’24฿18.30
฿21.36
+16.7%
13.6%฿26.50฿17.30฿18.9015
May ’24฿21.70
฿23.87
+10.0%
8.2%฿26.50฿20.00฿20.1015
Apr ’24฿20.40
฿22.81
+11.8%
10.8%฿26.50฿18.00฿20.6015
Mar ’24฿19.70
฿22.96
+16.5%
10.5%฿26.50฿18.00฿21.5015
Feb ’24฿21.60
฿22.44
+3.9%
12.9%฿26.50฿16.90฿22.6015
Jan ’24฿20.50
฿22.44
+9.5%
12.9%฿26.50฿16.90฿22.4015
Analyst Price Target
Consensus Narrative from 17 Analysts
฿20.16
Fair Value
27.6% undervalued intrinsic discount
17
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.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 05:20
End of Day Share Price 2025/01/10 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

Bangkok Chain Hospital Public Company Limited is covered by 42 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kawee ManitsupavongAsia Plus Securities Company Limited
Sarachada SornsongBNP Paribas Securities (Asia)
Charti PhrawphraikulBofA Global Research