How does RATCH-F's PE Ratio compare to its peers?

RATCH-F is good value based on its Price-To-Earnings Ratio (11.1x) compared to the peer average (21.9x).

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

RATCH-F is good value based on its Price-To-Earnings Ratio (11.1x) compared to the Asian Renewable Energy industry average (15.1x).

What is RATCH-F'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 RATCH-F's Price-To-Earnings Fair Ratio for valuation analysis.

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

RATCH-F (THB32) is trading below our estimate of [[fair value]] (THB85.34)

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.

RATCH-F Stock Overview

Through its subsidiaries, engages in generation and sale of electricity and steam in Thailand, Australia, and internationally. More details

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

Rewards

Trading at 62.5% below our estimate of its fair value

Earnings are forecast to grow 17.09% per year

Earnings grew by 30.7% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Shares are highly illiquid

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Ratch Group Public Company Limited Competitors

Global Power Synergy

SET:GPSC

฿107.9b

Banpu Power

SET:BPP

฿32.9b

Gulf Energy Development

SET:GULF

฿698.1b

TPI Polene Power

SET:TPIPP

฿24.9b

Price History & Performance

Summary of share price highs, lows and changes for Ratch Group
Historical stock prices
Current Share Price	฿32.00
52 Week High	฿33.25
52 Week Low	฿12.60
Beta	0.38
1 Month Change	-3.76%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	116.95%

Recent updates

Shareholder Returns

	RATCH-F	TH Renewable Energy	TH Market
7D	0%	0.1%	0.9%
1Y	n/a	-6.7%	-1.7%

Return vs Industry: Insufficient data to determine how RATCH-F performed against the TH Renewable Energy industry.

Return vs Market: Insufficient data to determine how RATCH-F performed against the TH Market.

Price Volatility

Is RATCH-F's price volatile compared to industry and market?
RATCH-F volatility
RATCH-F Average Weekly Movement	n/a
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: RATCH-F's share price has been volatile over the past 3 months compared to the TH market.

Volatility Over Time: Insufficient data to determine RATCH-F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2000	n/a	Nitus Voraphonpiput	www.ratch.co.th

Ratch Group Public Company Limited, through its subsidiaries, engages in generation and sale of electricity and steam in Thailand, Australia, and internationally. It operates through four segments: Domestic Electricity Generating, Renewable Energy, International Power Projects, and Related Business and Infrastructure. The Company generates electricity through natural gas, coal, and fuel oil, as well as solar power, wind power, battery, and biomass renewable projects.

Ratch Group Public Company Limited Fundamentals Summary

How do Ratch Group's earnings and revenue compare to its market cap?
RATCH-F fundamental statistics
Market cap	฿65.25b
Earnings (TTM)	฿5.90b
Revenue (TTM)	฿32.37b

11.1x

P/E Ratio

2.0x

P/S Ratio

Is RATCH-F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RATCH-F income statement (TTM)
Revenue	฿32.37b
Cost of Revenue	฿29.02b
Gross Profit	฿3.35b
Other Expenses	-฿2.55b
Earnings	฿5.90b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.71
Gross Margin	10.35%
Net Profit Margin	18.22%
Debt/Equity Ratio	90.3%

How did RATCH-F perform over the long term?

See historical performance and comparison

Dividends

5.3%

Current Dividend Yield

59%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 21:17
End of Day Share Price	2024/12/06 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

Ratch Group Public Company Limited is covered by 33 analysts. 6 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
Nalinrat Kittikumpolrat	Asia Plus Securities Company Limited
Tanaporn Visaruthaphong	BNP Paribas Securities (Asia)
Sirichai Chalokepunrat	BofA Global Research