SCG Packaging Public Company Limited

SET:SCGP Stock Report

Market Cap: ฿106.5b

SCG Packaging Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Wichan Jitpukdee

Chief executive officer

฿2.3m

Total compensation

CEO salary percentagen/a
CEO tenure6.9yrs
CEO ownershipn/a
Management average tenure1.6yrs
Board average tenure6.2yrs

Recent management updates

Recent updates

Narrative Update • May 02

SCGP: Dividend Policy And Profit Outlook Will Support Balanced Return Potential

Analysts have raised their price target for SCG Packaging from THB20.58 to THB23.74, reflecting updated assumptions for revenue growth, profit margin, discount rate and future P/E. What's in the News The board approved the allocation of 2025 profit for dividend distribution at THB 0.60 per share, equal to 63.3% of profit on consolidated financial statements, in line with SCGP's stated dividend policy (Key Developments).
Narrative Update • Apr 18

SCGP: 2025 Dividend Outlook Will Support Balanced Return Potential

Analysts have nudged their fair value estimate for SCG Packaging slightly higher, with the target moving from THB20.31 to THB20.58. This reflects updated views on discount rates, revenue growth, profit margins and future P/E assumptions.
Narrative Update • Apr 03

SCGP: Higher 2025 Dividend Policy Will Support Future Upside Potential

Analysts have maintained their THB 26.0 price target for SCG Packaging, citing updated assumptions that include a slightly lower discount rate, modest adjustments to revenue growth and profit margin estimates, and a small recalibration of the future P/E multiple. What's in the News The board approved profit allocation for 2025 that includes a full year dividend of THB 0.60 per share, equal to 63.3% of profit on consolidated financial statements, totaling about THB 2,576m (Key Developments).
Narrative Update • Mar 20

SCGP: Upcoming 2025 Dividend Payout Will Support Attractive Future Returns

Analysts have slightly adjusted their price target for SCG Packaging to THB20.31 from THB20.25, reflecting small tweaks to assumptions for the discount rate, revenue growth, profit margin and future P/E. What's in the News Proposed full year 2025 dividend of THB0.60 per share, totaling about THB2,576m, representing 63.3% of profit on consolidated financial statements (Key Developments).
Narrative Update • Mar 05

SCGP: Payout-Heavy Dividend Policy Will Likely Sustain Earnings Quality Concerns

Analysts have raised their price target on SCG Packaging from THB13.00 to about THB13.96, citing updated assumptions that combine a slightly lower discount rate, more moderate revenue growth expectations, a higher projected profit margin, and a small adjustment to future P/E. What's in the News SCG Packaging Public Company Limited proposed a full year 2025 dividend of THB 0.60 per share, equal to approximately THB 2,576 million on a consolidated basis, representing 63.3% of profit for the year (Key Developments).
Narrative Update • Feb 19

SCGP: Dividend Policy And Board Refresh Will Support Stable Future Outlook

Analysts have raised their price target for SCG Packaging to THB20.25 from THB19.29, reflecting updated assumptions around discount rate, revenue growth, profit margin and a higher future P/E multiple. What's in the News Proposed full year 2025 dividend of THB0.60 per share, totaling about THB2,576m, based on consolidated profit that has been subject to 20% corporate income tax (Key Developments).
Narrative Update • Feb 05

SCGP: Higher Dividend Plan And New Audit Director Will Support Upside Potential

Analysts have nudged their price target for SCG Packaging up to $26.00, reflecting updated views on fair value, a slightly lower discount rate, adjusted revenue growth assumptions, a modestly higher profit margin outlook, and a recalibrated future P/E multiple. What's in the News Proposed full year 2025 dividend of THB 0.60 per share, totaling about THB 2,576m, representing 63.3% of profit on consolidated financial statements (Key Developments).
Narrative Update • Jan 22

SCGP: Board Changes And Stable Outlook Will Support Balanced Future Prospects

Analysts have nudged their fair value estimate for SCG Packaging to ฿19.29 from ฿19.11, citing updated assumptions around discount rate, revenue growth, profit margin, and future P/E as key inputs to the revised target. What's in the News A board meeting is scheduled for November 25, 2025, to consider electing Mrs.
Narrative Update • Jan 08

SCGP: Higher Fair Value Will Likely Mask Ongoing Earnings Quality Risk

Analysts have raised their fair value estimate for SCG Packaging from $12.00 to $13.00, citing updated assumptions for revenue growth, profit margins, and a slightly lower future P/E multiple. What's in the News A board meeting is scheduled for November 25, 2025, to consider electing Mrs.
Narrative Update • Dec 18

SCGP: Board And Audit Committee Transition Will Support Stronger Governance Outlook

Analysts have nudged their price target on SCG Packaging slightly lower to THB 25.57 from THB 25.60, reflecting a higher assumed discount rate despite more optimistic forecasts for revenue growth and profit margins. What's in the News The board of directors is scheduled to meet on November 25, 2025, to consider electing Mrs.
Narrative Update • Dec 04

SCGP: Board And Audit Changes Will Support Future Upside Potential

Analysts have nudged their price target for SCG Packaging slightly higher to THB19.11, reflecting modestly increased discount rate and future P E assumptions, while keeping revenue growth and profit margin forecasts broadly unchanged. What's in the News The board of directors is scheduled to meet on November 25, 2025, to address changes in board composition and audit oversight (company filing).
Narrative Update • Nov 19

SCGP: Fair Value Increase Points To Strong Future Upside Potential

Analysts have slightly raised their fair value estimate for SCG Packaging from ฿19.03 to ฿19.11, citing minor adjustments in key financial assumptions and market outlook. Valuation Changes Fair Value: Increased slightly from THB 19.03 to THB 19.11.
Narrative Update • Nov 04

SCGP: Future Profits Will Improve While Shares Remain Fairly Priced

Analysts have raised their price target for SCG Packaging from 18.67 THB to 19.03 THB. This reflects improved expectations for revenue growth and profit margins based on recent company performance projections.
Narrative Update • Oct 21

Analysts Lift SCG Packaging Target as Higher Margins Offset Slower Revenue Growth

Analysts have raised their price target for SCG Packaging from 17.69 to 18.67, citing a modest uptick in projected profit margins even though revenue growth is expected to slow slightly. Valuation Changes Fair Value increased from THB 17.69 to THB 18.67, reflecting a modest upward revision.
User avatar
New Narrative • Feb 23

Investments In AI And ASEAN Markets Will Improve Future Efficiency

Focused expansion in ASEAN markets, particularly Thailand, Vietnam, and Indonesia, aims to drive volume growth and positively impact revenue.

CEO

Wichan Jitpukdee (59 yo)

6.9yrs
Tenure
฿2,281,244
Compensation

Mr. Wichan Jitpukdee serves as Chief Executive Officer and Director of SCG Packaging Public Company Limited since June 1, 2019. He served as President of Packaging Business at The Siam Cement Public Compan...

Leadership Team

NamePositionTenureCompensationOwnership
Wichan Jitpukdee
CEO & Director6.9yrs฿2.28mno data
Danaidej Ketsuwan
CFO & Director4.8yrsno datano data
Rungtip Trikomol
Accounting Director2.6yrsno datano data
Sompob Witworrasakul
Chief Technology Sustainability & Productivity Officerless than a yearno datano data
Suchai Korprasertsri
Chief Operating Officer of Consumer & Performance Packaging Businessno datano datano data
Karan Tejasen
Chief Operating Officer of Healthcare Supplies Businessno datano datano data
Wichan Charoenkitsupat
Chief Operating Officer of Packaging Paper Businessno datano datano data
Jakjit Klomsing
Chief Operating Officer of Fiber Packaging Business3.7yrsno datano data
Ekaraj Niroj
Chief Customer Officerless than a yearno datano data
Thalengsak Ratchburi
Chief Operating Officer of Fibrous Business1.6yrsno datano data
Jitsakulchaidej Noppasak
Head of Internal Audit1yrno datano data
Yustinus Yusuf Kusumah
Chief Regional Officer of Indonesialess than a yearno datano data
1.6yrs
Average Tenure
56yo
Average Age

Experienced Management: SCGP's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Wichan Jitpukdee
CEO & Director6.9yrs฿2.28mno data
Danaidej Ketsuwan
CFO & Directorless than a yearno datano data
Prasarn Trairatvorakul
Independent Chairman6.9yrs฿3.22mno data
Rapee Sucharitakul
Independent Director1.2yrs฿2.62mno data
Roongrote Rangsiyopash
Director2.2yrs฿2.36m0.0023%
THB 2.5m
Vanus Taepaisitphongse
Independent Director6.2yrs฿2.53mno data
Kaisri Nuengsigkapian
Independent Director6.9yrs฿2.65mno data
Kitipong Urapeepatanapong
Independent Director6.8yrs฿2.58mno data
Thumnithi Wanichthanom
Director3.9yrs฿2.14mno data
Thammasak Sethaudom
Vice Chairman7.6yrs฿2.42mno data
Vibul Tuangsitthisombat
Independent Director6.2yrs฿2.58mno data
Pakapun Leevutinun
Independent Directorless than a year฿126.45kno data
6.2yrs
Average Tenure
62yo
Average Age

Experienced Board: SCGP's board of directors are considered experienced (6.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 08:33
End of Day Share Price 2026/05/11 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

SCG Packaging Public Company Limited is covered by 25 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Narumon EkasamutBofA Global Research
Suppata SrisukBualuang Securities PCL
Amornrat CheevavichawalkulCGS International