Siam Global House Public Company Limited

SET:GLOBAL Stock Report

Market Cap: ฿78.5b

Siam Global House Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: GLOBAL (THB15.1) is trading below our estimate of fair value (THB18.39)

Significantly Below Fair Value: GLOBAL is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for GLOBAL. This is calculated by dividing GLOBAL's market cap by their current earnings.
What is GLOBAL's PE Ratio?
PE Ratio32.5x
Earnings฿2.41b
Market Cap฿78.55b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GLOBAL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.2x
HMPRO Home Product Center
18.1x1.8%฿117.0b
DOHOME Dohome
40.4x27.8%฿28.7b
COM7 Com7
21.7x12.6%฿64.2b
OR PTT Oil and Retail Business
32.5x29.6%฿157.2b
GLOBAL Siam Global House
32.5x15.2%฿78.5b

Price-To-Earnings vs Peers: GLOBAL is expensive based on its Price-To-Earnings Ratio (32.5x) compared to the peer average (28.2x).

Price to Earnings Ratio vs Industry

How does GLOBAL's PE Ratio compare vs other companies in the TH Specialty Retail Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
GLOBAL 32.5xIndustry Avg. 20.2xNo. of Companies6PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GLOBAL is expensive based on its Price-To-Earnings Ratio (32.5x) compared to the TH Specialty Retail industry average (20.2x).

Price to Earnings Ratio vs Fair Ratio

What is GLOBAL'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.

GLOBAL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio32.5x
Fair PE Ratio23.8x

Price-To-Earnings vs Fair Ratio: GLOBAL is expensive based on its Price-To-Earnings Ratio (32.5x) compared to the estimated Fair Price-To-Earnings Ratio (23.8x).

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 GLOBAL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current฿15.10
฿16.68
+10.5%
8.9%฿19.00฿13.90n/a14
Dec ’25฿16.00
฿16.92
+5.8%
8.9%฿19.00฿13.50n/a14
Nov ’25฿16.00
฿16.92
+5.8%
8.9%฿19.00฿13.50n/a14
Oct ’25฿16.30
฿16.77
+2.9%
9.6%฿19.00฿13.50n/a13
Sep ’25฿14.80
฿16.77
+13.3%
9.6%฿19.00฿13.50n/a13
Aug ’25฿15.60
฿16.90
+8.4%
9.1%฿19.00฿13.90n/a13
Jul ’25฿14.80
฿17.15
+15.9%
9.4%฿19.00฿13.90n/a13
Jun ’25฿16.60
฿17.15
+3.3%
9.4%฿19.00฿13.90n/a13
May ’25฿16.20
฿16.95
+4.6%
7.8%฿19.00฿13.90n/a13
Apr ’25฿16.70
฿16.79
+0.5%
6.6%฿19.00฿14.62n/a14
Mar ’25฿16.70
฿16.65
-0.3%
5.8%฿18.27฿14.62n/a13
Feb ’25฿14.62
฿17.18
+17.5%
7.6%฿20.19฿14.62n/a14
Jan ’25฿16.54
฿17.89
+8.2%
7.8%฿20.19฿14.62n/a14
Dec ’24฿16.25
฿18.18
+11.9%
8.9%฿21.15฿14.62฿16.0014
Nov ’24฿14.90
฿18.39
+23.4%
8.7%฿21.15฿15.29฿16.0013
Oct ’24฿16.15
฿18.67
+15.6%
8.8%฿21.35฿16.35฿16.3012
Sep ’24฿17.60
฿18.45
+4.9%
8.2%฿21.15฿16.35฿14.8014
Aug ’24฿15.87
฿18.57
+17.0%
8.2%฿21.15฿16.35฿15.6014
Jul ’24฿15.19
฿19.20
+26.4%
6.0%฿21.15฿17.02฿14.8013
Jun ’24฿17.69
฿19.42
+9.8%
7.1%฿22.12฿17.31฿16.6013
May ’24฿16.44
฿19.85
+20.7%
7.8%฿23.08฿17.31฿16.2013
Apr ’24฿17.79
฿20.34
+14.3%
7.6%฿23.08฿17.31฿16.7013
Mar ’24฿17.50
฿20.32
+16.1%
6.8%฿22.15฿17.31฿16.7013
Feb ’24฿19.38
฿21.74
+12.2%
8.1%฿24.92฿17.54฿14.6213
Jan ’24฿20.68
฿22.54
+9.0%
10.0%฿25.85฿17.54฿16.5413
Dec ’23฿18.55
฿22.32
+20.3%
10.7%฿25.85฿17.54฿16.2513

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 20:35
End of Day Share Price 2024/12/19 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

Siam Global House Public Company Limited is covered by 32 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
Chutima WoramontriBNP Paribas Securities (Asia)
Sirichai ChalokepunratBofA Global Research
Nuttapon KanwanphonBualuang Securities PCL