B.Grimm Power (SET:BGRIM) - Stock Price, News & Analysis

BGRIM Stock Overview

An energy company, engages in the development, financing, construction, and operation of green-field power plants in Thailand, Laos PDR, Vietnam, Cambodia, the Philippines, The Republic of Korea, Malaysia, Poland, and the Republic of Italy. More details

BGRIM fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	3/6
Past Performance	4/6
Financial Health	1/6
Dividends	1/6

Rewards

Trading at 55.2% below our estimate of its fair value

Earnings are forecast to grow 52.49% per year

Earnings grew by 395.2% over the past year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 31.1%

Risk Analysis

Interest payments are not well covered by earnings

B.Grimm Power Public Company Limited Competitors

Electricity Generating

SET:EGCO

฿61.6b

Ratch Group

SET:RATCH

฿66.9b

Global Power Synergy

SET:GPSC

฿120.5b

Banpu Power

SET:BPP

฿36.6b

Price History & Performance

Summary of all time highs, changes and price drops for B.Grimm Power
Historical stock prices
Current Share Price	฿20.70
52 Week High	฿30.00
52 Week Low	฿19.50
Beta	0.90
11 Month Change	-11.54%
3 Month Change	-0.48%
1 Year Change	-19.61%
33 Year Change	-50.71%
5 Year Change	-60.94%
Change since IPO	22.49%

Recent updates

Shareholder Returns

	BGRIM	TH Renewable Energy	TH Market
7D	1.5%	0.9%	0.8%
1Y	-19.6%	-1.5%	3.1%

Return vs Industry: BGRIM underperformed the TH Renewable Energy industry which returned -1.5% over the past year.

Return vs Market: BGRIM underperformed the TH Market which returned 3.1% over the past year.

Price Volatility

Is BGRIM's price volatile compared to industry and market?
BGRIM volatility
BGRIM Average Weekly Movement	4.0%
Renewable Energy Industry Average Movement	4.4%
Market Average Movement	4.8%
10% most volatile stocks in TH Market	10.3%
10% least volatile stocks in TH Market	2.4%

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

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

About the Company

Founded	Employees	CEO	Website
1878	n/a	Harald Link	www.bgrimmpower.com

B.Grimm Power Public Company Limited, an energy company, engages in the development, financing, construction, and operation of green-field power plants in Thailand, Laos PDR, Vietnam, Cambodia, the Philippines, The Republic of Korea, Malaysia, Poland, and the Republic of Italy. It operates in two segments, Electricity Generating and Other Businesses. The Electricity Generation segment generates and distributes electricity for the government sectors and industrial users.

B.Grimm Power Public Company Limited Fundamentals Summary

How do B.Grimm Power's earnings and revenue compare to its market cap?
BGRIM fundamental statistics
Market cap	฿53.96b
Earnings (TTM)	฿250.51m
Revenue (TTM)	฿55.75b

215.4x

P/E Ratio

1.0x

P/S Ratio

Is BGRIM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BGRIM income statement (TTM)
Revenue	฿55.75b
Cost of Revenue	฿45.17b
Gross Profit	฿10.57b
Other Expenses	฿10.32b
Earnings	฿250.51m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.096
Gross Margin	18.97%
Net Profit Margin	0.45%
Debt/Equity Ratio	217.0%

How did BGRIM perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

294%

Payout Ratio

BGRIM Stock Overview

Rewards

Risk Analysis

B.Grimm Power Public Company Limited Competitors

SET:EGCO

฿61.6b

SET:RATCH

฿66.9b

SET:GPSC

฿120.5b

SET:BPP

฿36.6b

Price History & Performance

Recent News & Updates

Consensus EPS estimates fall by 13%

Third quarter 2024 earnings released: ฿0.02 loss per share (vs ฿0.05 profit in 3Q 2023)

Price target decreased by 7.1% to ฿26.70

Upcoming dividend of ฿0.18 per share

First half dividend of ฿0.18 announced

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Recent updates

Consensus EPS estimates fall by 13%

Third quarter 2024 earnings released: ฿0.02 loss per share (vs ฿0.05 profit in 3Q 2023)

Price target decreased by 7.1% to ฿26.70

Upcoming dividend of ฿0.18 per share

First half dividend of ฿0.18 announced

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

B.Grimm Power Public Company Limited Announces Board and Committee Resignations

Consensus EPS estimates fall by 12%

First quarter 2024 earnings released: EPS: ฿0.06 (vs ฿0.11 in 1Q 2023)

B.Grimm Power Public Company Limited Approves Dividend for the Year 2023, Payable on 10 May 2024

Upcoming dividend of ฿0.18 per share

Final dividend of ฿0.18 announced

B.Grimm Power Public Company Limited, Annual General Meeting, Apr 24, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

B.Grimm Power Public Company Limited Proposes Annual Dividend for the Year 2023, Payable on 10 May 2024

New minor risk - Share price stability

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 8.9% to ฿34.01

Price target decreased by 7.8% to ฿38.19

Price target decreased by 10% to ฿39.40

Upcoming dividend of ฿0.18 per share at 0.6% yield

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

B.Grimm Power Public Company Limited Announces Cash Dividend, Payable on September 8, 2023

First quarter 2023 earnings released

Upcoming dividend of ฿0.035 per share at 0.2% yield

Full year 2022 earnings: EPS and revenues miss analyst expectations

B.Grimm Power Public Company Limited (SET:BGRIM) acquired 240MWp Tay Ninh Solar Power Plant.

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

B.Grimm Power Public Company Limited (SET:BGRIM) acquired 80% stake in 48MW Quang Tri wind power project.

B.Grimm Power Public Company Limited (SET:BGRIM) acquired 240MWp Tay Ninh Solar Power Plant.

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Consensus forecasts updated

Upcoming dividend of ฿0.03 per share

B.Grimm Power Public Company Limited Announces Cash Dividend, Payable on September 9, 2022

Second quarter 2022 earnings: EPS exceeds analyst expectations

Consensus forecasts updated

B.Grimm Power Public Company Limited (SET:BGRIM) acquired a 20% stake in Sekong Investment Advisory Company Limited for LAK 1 billion.

B.Grimm Power Public Company Limited Appoints Members of Management Committee

Consensus EPS estimates fall by 24%

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target decreased to ฿42.40

Upcoming dividend of ฿0.27 per share

Full year 2021 earnings: EPS and revenues miss analyst expectations

B.Grimm Power Public Company Limited Announces Board Changes

Price target decreased to ฿45.71

Price target decreased to ฿46.87

Third quarter 2021 earnings released: EPS ฿0.13 (vs ฿0.16 in 3Q 2020)

Upcoming dividend of ฿0.15 per share

Second quarter 2021 earnings released: EPS ฿0.35 (vs ฿0.35 in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.20 (vs ฿0.031 in 1Q 2020)

Full year 2020 earnings released: EPS ฿0.68 (vs ฿0.88 in FY 2019)

Revenue and earnings miss expectations

B.Grimm Power Public Company Limited, Annual General Meeting, Apr 22, 2021

New 90-day low: ฿48.00

New 90-day high: ฿54.25

B.Grimm Power Public Company Limited Announces Management Appointments

Revenue and earnings miss expectations

Third quarter 2020 earnings released: EPS ฿0.16

B.Grimm Power Public Company Limited Appoints Prof. Emeritus Dr. Khunying Suchada Kiranandana as A New Independent Director