How does GREEN-R's PE Ratio compare to its peers?

GREEN-R is expensive based on its Price-To-Earnings Ratio (27.6x) compared to the peer average (19.6x).

How does GREEN-R's PE Ratio compare vs other companies in the Asian Renewable Energy Industry?

GREEN-R is expensive based on its Price-To-Earnings Ratio (27.6x) compared to the Asian Renewable Energy industry average (14.9x).

What is GREEN-R'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.

Insufficient data to calculate GREEN-R's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of GREEN-R when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

GREEN-R (THB1.02) is trading above our estimate of [[fair value]] (THB0.32)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

GREEN-R Stock Overview

Operates alternative energy businesses in Thailand. More details

GREEN-R fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	2/6
Financial Health	4/6
Dividends	0/6

Rewards

Became profitable this year

Risk Analysis

Large one-off items impacting financial results

Does not have meaningful revenue (THB120M)

Does not have a meaningful market cap (THB834M)

My Notes

Capture your thoughts, links and company narrative

Green Resources Public Company Limited Competitors

TPC Power Holding

SET:TPCH

฿1.9b

Earth Tech Environment

SET:ETC

฿3.9b

Thachang Green Energy

SET:TGE

฿4.9b

Sermsang Power Corporation

SET:SSP

฿6.9b

Price History & Performance

Summary of share price highs, lows and changes for Green Resources
Historical stock prices
Current Share Price	฿1.02
52 Week High	฿1.60
52 Week Low	฿0.69
Beta	0.37
1 Month Change	-6.42%
3 Month Change	-8.11%
1 Year Change	39.73%
3 Year Change	-35.03%
5 Year Change	27.50%
Change since IPO	-87.64%

Recent updates

Shareholder Returns

	GREEN-R	TH Renewable Energy	TH Market
7D	-4.7%	-4.6%	-4.7%
1Y	39.7%	-7.4%	-3.4%

Return vs Industry: GREEN-R exceeded the TH Renewable Energy industry which returned -8% over the past year.

Return vs Market: GREEN-R exceeded the TH Market which returned -2.5% over the past year.

Price Volatility

Is GREEN-R's price volatile compared to industry and market?
GREEN-R volatility
GREEN-R Average Weekly Movement	5.0%
Renewable Energy Industry Average Movement	4.3%
Market Average Movement	4.3%
10% most volatile stocks in TH Market	8.9%
10% least volatile stocks in TH Market	2.1%

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

Volatility Over Time: GREEN-R's weekly volatility has decreased from 11% to 5% over the past year.

About the Company

Founded	Employees	CEO	Website
1992	n/a	Pipat Viriyamettakul	www.greenresources.co.th

Green Resources Public Company Limited, together with its subsidiaries, operates alternative energy businesses in Thailand. The company operates through Real Estate; Rental and Services; and Energy Generating from Solar-Cell System. It develops, sells, and leases real estate, such as residential condominiums; generates and distributes electricity from solar; and provides installation services for solar-cell systems.

Green Resources Public Company Limited Fundamentals Summary

How do Green Resources's earnings and revenue compare to its market cap?
GREEN-R fundamental statistics
Market cap	฿834.39m
Earnings (TTM)	฿30.22m
Revenue (TTM)	฿119.62m

27.6x

P/E Ratio

7.0x

P/S Ratio

Is GREEN-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GREEN-R income statement (TTM)
Revenue	฿119.62m
Cost of Revenue	฿62.07m
Gross Profit	฿57.55m
Other Expenses	฿27.34m
Earnings	฿30.22m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.037
Gross Margin	48.11%
Net Profit Margin	25.26%
Debt/Equity Ratio	23.5%

How did GREEN-R perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 07:50
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Green Resources Public Company Limited is covered by 0 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.

Analyst	Institution

Green Resources SET:GREEN-R Stock Report