Subscribe

Electricity Generating Public Company Limited (EGCO-R.BK)

THB124.50 -1.00 (-0.80%)
TH SET Utilities Independent Power Producers
Address EGCO Tower 10210
Bangkok, TH
CEO Tawatchai Sumranwanich
Website egco.com
IPO 2007-12-28
ISIN TH0465010R13

Explore sections of this company profile

Also trades on Frankfurt Stock Exchange · ECGF.F (EUR) Other OTC · EYGPF (USD) Other OTC · EYUBY (USD) Stock Exchange of Thailand · EGCO-R.BK (THB) Stock Exchange of Thailand · EGCO.BK (THB)
Description

Established in 1992 and headquartered in Bangkok, Thailand, Electricity Generating Public Company Limited (EGCO) primarily focuses on the production and distribution of electricity. The company supplies power to both governmental bodies and industrial consumers across an extensive international footprint, encompassing operations in Thailand, the Philippines, Australia, South Korea, Taiwan, the United States, Laos, and Indonesia. EGCO's operations are divided into two main divisions: Power Generation and various Other Businesses. Its energy portfolio is notably diverse, utilizing sources such as natural gas, liquefied natural gas (LNG), coal, biomass, hydroelectric, solar, wind, geothermal, and fuel cell technologies. As of December 31, 2021, EGCO managed 30 power plants both domestically and overseas, boasting a total equity capacity of 5,959.27 MW. This capacity included 5,646.19 MW from operational facilities and an additional 313.08 MW from projects actively under development. Beyond electricity generation, the company also provides specialized operation, maintenance, engineering, and construction services for a range of industrial infrastructures, including power plants, petrochemical facilities, oil refineries, and other sectors.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
THB124.50 -1.00 (-0.80%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
1M
Beta
0.35
Float Shares
242.48M
Free Float %
46.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.87% +0.00% -0.43% +5.45% +0.43% +1.31% +9.43% -18.88% -37.30% -35.20% +115.21%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
124.50
DCF (Unlevered) 377.54 +203.2%
DCF (Levered) 361.84 +190.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Quality scores
Altman Z-Score
1.17
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
2 / 5
Medium
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Independent Power Producers: +3.4%
    -20.4% Q1'26: -11.5% (vs Q1'25)
  • EPS growth Independent Power Producers: -2.8%
    -12.7% Q1'26: -75.6% (vs Q1'25)
  • FCF margin FCF growth · Independent Power Producers: +37.9%
    -8.9% Q1'26: +12.9% (vs Q1'25)
  • EBIT margin Independent Power Producers: +18.7%
    +6.1% Q1'26: +9.5% (vs Q1'25)
  • ROIC Independent Power Producers: +4.3%
    +0.9% Q1'26: +1.3% (vs Q1'25)
  • Share dilution Independent Power Producers: +0.0%
    +0.0% Q1'26: -0.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Independent Power Producers: 3.09×
    24.31× Q1'26: 19.57× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.35) × ERP
WACC = 36% × Ke + 64% × Kd (5.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 375.75 Current price: 124.50
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
7 Rev. Ana.
1 EPS Ana.
Dec 2027
7 Rev. Ana.
1 EPS Ana.
Dec 2028
4 Rev. Ana.
1 EPS Ana.
Revenue
15.91B
est: 17.75B (-10.4%)
22.79B
est: 21.12B (+7.9%)
30.02B
est: 30.07B (-0.2%)
35.52B
est: 33.49B (+6.1%)
37.51B
est: 37.25B (+0.7%)
33.58B
est: 35.70B (-5.9%)
35.90B
est: 37.54B (-4.3%)
59.63B
est: 38.28B (+55.8%)
49.63B
est: 51.73B (-4.1%)
40.32B
est: 49.46B (-18.5%)
32.09B
est: 34.75B (-7.7%)
36.16B
32.45B – 43.12B
+4.1% YoY
35.42B
28.83B – 45.60B
-2.0% YoY
36.01B
30.83B – 44.63B
+1.7% YoY
EBITDA
5.38B
est: 5.87B (-8.4%)
9.14B
est: 6.99B (+30.8%)
13.69B
est: 9.95B (+37.6%)
24.08B
est: 11.08B (+117.4%)
11.90B
est: 12.32B (-3.4%)
15.83B
est: 11.81B (+34.0%)
17.22B
est: 12.42B (+38.7%)
13.38B
est: 12.66B (+5.7%)
1.93B
est: 17.11B (-88.7%)
17.73B
est: 13.07B (+35.7%)
4.45B
est: 9.19B (-51.5%)
9.56B
8.58B – 11.40B
+4.1% YoY
9.36B
7.62B – 12.05B
-2.0% YoY
9.52B
8.15B – 11.80B
+1.7% YoY
EBIT
7.60B
est: 4.55B (+67.2%)
7.00B
est: 5.41B (+29.4%)
10.82B
est: 7.70B (+40.6%)
20.92B
est: 8.57B (+143.9%)
8.83B
est: 9.54B (-7.4%)
9.16B
est: 9.14B (+0.3%)
6.60B
est: 9.61B (-31.4%)
7.30B
est: 9.80B (-25.5%)
-1.11B
est: 13.24B (-108.4%)
14.61B
est: 9.53B (+53.4%)
1.96B
est: 6.69B (-70.7%)
6.97B
6.25B – 8.31B
+4.1% YoY
6.82B
5.55B – 8.79B
-2.0% YoY
6.94B
5.94B – 8.60B
+1.7% YoY
Net Income
4.32B
est: 5.11B (-15.5%)
8.32B
est: 8.72B (-4.6%)
11.82B
est: 11.73B (+0.7%)
21.07B
est: 23.82B (-11.5%)
13.06B
est: 12.18B (+7.2%)
8.73B
est: 10.31B (-15.3%)
4.10B
est: 9.04B (-54.6%)
2.68B
est: 11.85B (-77.4%)
-8.38B
est: 9.77B (-185.8%)
5.41B
est: 7.64B (-29.2%)
4.73B
est: 6.68B (-29.2%)
6.20B
5.04B – 8.13B
-7.2% YoY
6.57B
5.34B – 8.62B
+6.0% YoY
7.09B
5.77B – 9.30B
+7.9% YoY
SGA
2.86B
est: 1.25B (+128.2%)
3.05B
est: 1.49B (+104.7%)
2.91B
est: 2.12B (+36.9%)
5.48B
est: 2.36B (+131.7%)
2.89B
est: 2.63B (+10.0%)
2.61B
est: 2.52B (+3.7%)
2.65B
est: 2.65B (-0.1%)
2.75B
est: 2.70B (+1.9%)
3.54B
est: 3.65B (-3.1%)
3.38B
est: 3.60B (-6.0%)
2.85B
est: 2.53B (+12.7%)
2.63B
2.36B – 3.14B
+4.1% YoY
2.58B
2.10B – 3.32B
-2.0% YoY
2.62B
2.24B – 3.25B
+1.7% YoY
EPS
8.20
est: 9.71 (-15.5%)
15.81
est: 16.56 (-4.5%)
22.45
est: 22.29 (+0.7%)
40.03
est: 45.25 (-11.5%)
24.81
est: 23.14 (+7.2%)
16.59
est: 19.58 (-15.3%)
7.80
est: 17.16 (-54.6%)
5.10
est: 22.52 (-77.3%)
-15.93
est: 18.56 (-185.8%)
10.29
est: 14.52 (-29.1%)
8.98
est: 12.68 (-29.2%)
11.77
9.57 – 15.44
-7.2% YoY
12.48
10.15 – 16.37
+6.0% YoY
13.47
10.95 – 17.66
+7.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-06-12 B 3/5 5/5 1/5 2/5 3/5 1/5 4/5
2026-06-11 B 3/5 5/5 1/5 2/5 3/5 1/5 4/5
2026-06-10 B 3/5 5/5 1/5 2/5 3/5 1/5 4/5
2026-06-09 B 3/5 5/5 1/5 2/5 3/5 1/5 4/5
2026-06-08 B 3/5 5/5 1/5 2/5 3/5 1/5 4/5
2026-06-05 B 3/5 5/5 1/5 2/5 3/5 1/5 4/5
2026-06-04 B 3/5 5/5 1/5 2/5 3/5 1/5 4/5
2026-06-02 B 3/5 5/5 1/5 2/5 3/5 1/5 4/5
2026-05-29 B 3/5 5/5 1/5 2/5 3/5 1/5 4/5
2026-05-28 B 3/5 5/5 1/5 2/5 3/5 1/5 4/5
2026-05-27 B 3/5 5/5 1/5 2/5 3/5 1/5 4/5
2026-05-26 B 3/5 5/5 1/5 2/5 3/5 1/5 4/5
2026-05-25 B 3/5 5/5 1/5 2/5 3/5 1/5 5/5
2026-05-22 B 3/5 5/5 1/5 2/5 3/5 1/5 4/5
2026-05-21 B 3/5 5/5 1/5 2/5 3/5 1/5 5/5
2026-05-20 B 3/5 5/5 1/5 2/5 3/5 1/5 5/5
2026-05-19 B+ 3/5 5/5 1/5 2/5 3/5 2/5 5/5
2026-05-18 B+ 3/5 5/5 1/5 2/5 3/5 2/5 5/5
2026-05-15 A 4/5 5/5 2/5 3/5 4/5 3/5 5/5
2026-05-14 A 4/5 5/5 2/5 3/5 4/5 3/5 5/5
2026-05-13 A 4/5 5/5 2/5 3/5 4/5 4/5 5/5
2026-05-12 A 4/5 5/5 2/5 3/5 4/5 4/5 5/5
2026-05-11 A 4/5 5/5 2/5 3/5 4/5 4/5 5/5
2026-05-08 A 4/5 5/5 2/5 3/5 4/5 3/5 5/5
2026-05-07 A 4/5 5/5 2/5 3/5 4/5 3/5 5/5
2026-05-06 A 4/5 5/5 2/5 3/5 4/5 3/5 5/5
2026-05-05 A 4/5 5/5 2/5 3/5 4/5 4/5 5/5
2026-04-30 A 4/5 5/5 2/5 4/5 3/5 4/5 5/5
2026-04-29 A 4/5 5/5 2/5 4/5 3/5 4/5 5/5
2026-04-28 A 4/5 5/5 2/5 4/5 3/5 4/5 5/5
2026-04-27 A 4/5 5/5 2/5 4/5 3/5 4/5 4/5
2026-04-24 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-23 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-22 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-21 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-20 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-17 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-16 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-4.65B
OE per share TTM
-8.88
Owner's Yield
-7.62%
Maintenance CapEx ratio
147.46%
Maint CapEx / Avg PPE
115.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 44 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares MSCI Thailand ETF THD 0.53% 1.90M 0.59%
2 WisdomTree Emerging Markets SmallCap Dividend Fund DGS 0.15% 2.72M 0.58%
3 WisdomTree Emerging Markets High Dividend Fund DEM 0.11% 4.38M 0.63%
4 iShares MSCI AC Far East ex-Japan Small Cap UCITS ETF ISFE.L 0.07% 51.2K 0.74%
5 State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L 0.07% 413.2K 0.55%
6 iShares MSCI Emerging Markets Small-Cap ETF EEMS 0.06% 233.5K 0.72%
7 iShares MSCI EM Small Cap UCITS ETF IEMS.L 0.05% 165.1K 0.74%
8 Avantis Emerging Markets Equity ETF AVEM 0.03% 7.52M 0.33%
9 Avantis Emerging Markets ex-China Equity ETF AVXC 0.01% 52.6K 0.33%
10 Goldman Sachs MarketBeta Emerging Markets Equity ETF GSEE 0.01% 16.8K 0.45%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
1.64M
Shares Outstanding
526.47M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Tawatchai Sumranwanich President & Director 160.0K male
Jodpong Tengtonwong Executive Vice President of Accounting male
John Matthew Palumbo Senior Executive Vice President of Business Development - International male
Ploy Suksrisomboon Executive Vice President of Business Development (International) 1 female
Prasit Laohawirapap Senior Executive Vice President of Business Development (Domestic) male
Somkiat Suttiwanich Chief Financial Officer male
Sudrudee Lertkasem Executive Vice President of Finance female
Surasak Ganjanakit Senior Vice President of IPP Accounting male
Amornrat Jittavisuthikul Senior Vice President Management & Analysis Accounting female
Thawat Hirancarukorn Senior Executive Vice President of Operation Management male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits