Siam Global House Public Company Limited

SET:GLOBAL Stock Report

Market Cap: ฿83.2b

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 (THB16) is trading below our estimate of fair value (THB18.83)

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 Ratio34.5x
Earnings฿2.41b
Market Cap฿83.23b

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 Average30.9x
HMPRO Home Product Center
19.8x1.8%฿127.6b
DOHOME Dohome
46.3x30.0%฿32.9b
COM7 Com7
21.3x12.7%฿63.0b
OR PTT Oil and Retail Business
36.2x28.7%฿175.2b
GLOBAL Siam Global House
34.5x15.4%฿83.2b

Price-To-Earnings vs Peers: GLOBAL is expensive based on its Price-To-Earnings Ratio (34.5x) compared to the peer average (30.9x).

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 34.5xIndustry Avg. 20.7xNo. of Companies5PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GLOBAL is expensive based on its Price-To-Earnings Ratio (34.5x) compared to the TH Specialty Retail industry average (21.1x).

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 Ratio34.5x
Fair PE Ratio24.2x

Price-To-Earnings vs Fair Ratio: GLOBAL is expensive based on its Price-To-Earnings Ratio (34.5x) compared to the estimated Fair Price-To-Earnings Ratio (24.2x).

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฿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฿14.62n/a14
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
Nov ’23฿18.55
฿22.65
+22.1%
10.3%฿25.85฿17.54฿14.9013

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

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