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Absolute Clean Energy SET:ACE Stock Report

Last Price

฿1.34

Market Cap

฿13.4b

7D

4.7%

1Y

-3.6%

Updated

23 Apr, 2025

Data

Company Financials

Absolute Clean Energy Public Company Limited

SET:ACE Stock Report

Market Cap: ฿13.4b

ACE Stock Overview

Produces and distributes electricity from renewable energy in Thailand. More details

ACE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

Absolute Clean Energy Public Company Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Absolute Clean Energy
Historical stock prices
Current Share Price฿1.34
52 Week High฿1.49
52 Week Low฿1.23
Beta0.51
1 Month Change4.69%
3 Month Change6.35%
1 Year Change-3.60%
3 Year Change-56.21%
5 Year Change-56.21%
Change since IPO-71.12%

Recent News & Updates

Recent updates

Shareholder Returns

ACETH Renewable EnergyTH Market
7D4.7%4.5%1.5%
1Y-3.6%-50.4%-18.1%

Return vs Industry: ACE exceeded the TH Renewable Energy industry which returned -50.4% over the past year.

Return vs Market: ACE exceeded the TH Market which returned -18.1% over the past year.

Price Volatility

Is ACE's price volatile compared to industry and market?
ACE volatility
ACE Average Weekly Movement4.1%
Renewable Energy Industry Average Movement6.0%
Market Average Movement5.8%
10% most volatile stocks in TH Market10.9%
10% least volatile stocks in TH Market2.8%

Stable Share Price: ACE has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: ACE's weekly volatility (4%) has been stable over the past year.

Community vs My Fair Value

Select a narrative for quick price alerts from the community, or create your own.

About the Company

FoundedEmployeesCEOWebsite
1979n/aTanachai Bunditvorapoomwww.ace-energy.co.th

Absolute Clean Energy Public Company Limited, together with its subsidiaries, produces and distributes electricity from renewable energy in Thailand. It operates through four segments: Biomass Power Plants, Solid Waste Power Plants, Natural Gas Power Plants, and Solar Energy Power Plants. The company holds 24 COD powerplants with a total of 277.57 megawatts.

Absolute Clean Energy Public Company Limited Fundamentals Summary

How do Absolute Clean Energy's earnings and revenue compare to its market cap?
ACE fundamental statistics
Market cap฿13.44b
Earnings (TTM)฿838.72m
Revenue (TTM)฿6.45b

16.0x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ACE income statement (TTM)
Revenue฿6.45b
Cost of Revenue฿4.83b
Gross Profit฿1.62b
Other Expenses฿785.69m
Earnings฿838.72m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.084
Gross Margin25.18%
Net Profit Margin13.00%
Debt/Equity Ratio49.6%

How did ACE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/23 18:54
End of Day Share Price 2025/04/23 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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

Absolute Clean Energy Public Company Limited is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Suwat SinsadokBNP Paribas Securities (Asia)
Suwat SinsadokFSS International Advisory
Nuttapop PrasitsuksantThanachart Securities Plc