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Global Power Synergy Public Company Limited (GPSC.BK)

THB46.75 +1.75 (+3.89%)
TH SET Utilities Regulated Electric
Address 555/2 Energy Complex Building B 10900
Bangkok, TH
CEO Worawat Pitayasiri
IPO 2015-05-18
ISIN TH6488010005

Explore sections of this company profile

Also trades on Stock Exchange of Thailand · GPSC-R.BK (THB) Stock Exchange of Thailand · GPSC.BK (THB)
Description

Global Power Synergy Public Company Limited, along with its subsidiaries, focuses on the generation and supply of electricity, steam, and water to industrial clients across Thailand. Its operations are structured into three core business segments: Independent Power Producer (IPP), Small Power Producer (SPP), and Other activities. The company utilizes a diverse portfolio of energy sources for power generation, including solar, wind, hydropower, and thermal facilities. Established in 2013, its corporate headquarters are located in Bangkok, Thailand.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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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
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Price Chart
Averages
Trend
Price
Levels
Draw
THB46.75 +1.75 (+3.89%)
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Volume Profile
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Liquidity & share structure
Average Volume
10M
Beta
0.88
Float Shares
641.18M
Free Float %
22.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.65% +0.66% +10.07% -7.27% +3.38% +6.25% +11.68% -39.04% -46.69% +34.16% +59.04%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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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
46.75
DCF (Unlevered) 256.61 +448.9%
DCF (Levered) 305.78 +554.1%

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.

Ratings Trend (MoM) 64% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 8 0
Hold 4 0
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.06
Distress
Piotroski F-Score
7 / 9
Strong
MOAT Score
6 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Regulated Electric: +9.0%
    -6.4% Q1'26: -22.3% (vs Q1'25)
  • EPS growth Regulated Electric: +12.7%
    +57.6% Q1'26: +52.5% (vs Q1'25)
  • FCF margin FCF growth · Regulated Electric: +35.5%
    +19.7% Q1'26: +17.7% (vs Q1'25)
  • EBIT margin Regulated Electric: +19.9%
    +14.0% Q1'26: +11.4% (vs Q1'25)
  • ROIC Regulated Electric: +4.4%
    +4.8% Q1'26: +3.5% (vs Q1'25)
  • Share dilution Regulated Electric: +0.0%
    +0.0% Q1'26: -1.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Regulated Electric: 4.23×
    5.41× Q1'26: 6.66× (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 (0.83) × ERP
WACC = 49% × Ke + 51% × Kd (4.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 258.30 Current price: 46.75
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
10 Rev. Ana.
11 EPS Ana.
Dec 2027
13 Rev. Ana.
12 EPS Ana.
Dec 2028
8 Rev. Ana.
8 EPS Ana.
Revenue
22.54B
est: 23.09B (-2.4%)
20.77B
est: 22.53B (-7.8%)
20.02B
est: 22.16B (-9.6%)
24.88B
est: 25.85B (-3.7%)
66.56B
est: 66.88B (-0.5%)
69.58B
est: 73.04B (-4.7%)
74.87B
est: 77.52B (-3.4%)
123.69B
est: 117.36B (+5.4%)
90.30B
est: 87.52B (+3.2%)
90.73B
est: 93.43B (-2.9%)
84.92B
est: 86.96B (-2.4%)
79.66B
71.90B – 88.61B
-8.4% YoY
77.76B
65.75B – 85.20B
-2.4% YoY
79.95B
79.21B – 80.70B
+2.8% YoY
EBITDA
3.17B
est: 5.18B (-38.9%)
4.33B
est: 5.06B (-14.3%)
5.31B
est: 4.98B (+6.7%)
6.33B
est: 5.80B (+9.1%)
17.08B
est: 15.02B (+13.7%)
20.97B
est: 16.40B (+27.9%)
21.22B
est: 17.41B (+21.9%)
13.23B
est: 26.35B (-49.8%)
19.30B
est: 18.77B (+2.8%)
19.70B
est: 20.03B (-1.7%)
21.31B
est: 18.65B (+14.3%)
17.08B
15.42B – 19.00B
-8.4% YoY
16.67B
14.10B – 18.27B
-2.4% YoY
17.15B
16.99B – 17.31B
+2.8% YoY
EBIT
2.33B
est: 2.72B (-14.5%)
3.08B
est: 2.66B (+16.1%)
3.96B
est: 2.61B (+51.5%)
4.15B
est: 3.05B (+36.0%)
10.55B
est: 7.89B (+33.8%)
12.58B
est: 8.61B (+46.1%)
11.36B
est: 9.14B (+24.2%)
3.84B
est: 13.84B (-72.2%)
9.69B
est: 9.64B (+0.5%)
9.94B
est: 10.29B (-3.4%)
11.93B
est: 9.58B (+24.5%)
8.77B
7.92B – 9.76B
-8.4% YoY
8.57B
7.24B – 9.38B
-2.4% YoY
8.81B
8.72B – 8.89B
+2.8% YoY
Net Income
1.91B
est: 3.44B (-44.5%)
2.70B
est: 4.56B (-40.8%)
3.17B
est: 5.04B (-37.0%)
3.36B
est: 6.35B (-47.1%)
6.00B
est: 5.89B (+2.0%)
7.51B
est: 7.71B (-2.6%)
7.32B
est: 8.35B (-12.4%)
1.46B
est: 1.50B (-3.0%)
3.69B
est: 4.56B (-19.0%)
4.06B
est: 4.16B (-2.3%)
6.40B
est: 6.40B (0.0%)
5.62B
4.65B – 6.74B
-12.2% YoY
6.47B
4.90B – 7.53B
+15.2% YoY
7.11B
5.24B – 8.28B
+10.0% YoY
SGA
627.09M
est: 667.85M (-6.1%)
760.63M
est: 651.63M (+16.7%)
679.94M
est: 640.90M (+6.1%)
880.06M
est: 747.66M (+17.7%)
2.18B
est: 1.93B (+12.9%)
1.95B
est: 2.11B (-7.7%)
2.96B
est: 2.24B (+32.1%)
2.31B
est: 3.39B (-32.0%)
2.71B
est: 2.60B (+4.4%)
2.57B
est: 2.77B (-7.2%)
2.69B
est: 2.58B (+4.3%)
2.36B
2.13B – 2.63B
-8.4% YoY
2.31B
1.95B – 2.53B
-2.4% YoY
2.37B
2.35B – 2.39B
+2.8% YoY
EPS
1.25
est: 1.22 (+2.6%)
1.60
est: 1.62 (-1.1%)
1.89
est: 1.79 (+5.8%)
2.24
est: 2.25 (-0.5%)
3.33
est: 2.09 (+59.5%)
2.66
est: 2.74 (-2.8%)
2.60
est: 2.96 (-12.2%)
0.52
est: 0.53 (-2.4%)
1.31
est: 1.61 (-18.5%)
1.44
est: 1.50 (-3.8%)
2.27
est: 2.05 (+10.5%)
2.00
1.65 – 2.39
-2.7% YoY
2.16
1.74 – 2.67
+8.3% YoY
2.29
1.86 – 2.94
+5.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 B 3/5 1/5 2/5 3/5 3/5 3/5 4/5
2026-05-07 B 3/5 1/5 2/5 3/5 3/5 3/5 4/5
2026-05-06 B 3/5 1/5 2/5 3/5 3/5 3/5 4/5
2026-05-05 B 3/5 1/5 2/5 4/5 3/5 3/5 4/5
2026-04-30 B 3/5 1/5 2/5 4/5 2/5 3/5 4/5
2026-04-29 B 3/5 1/5 2/5 4/5 2/5 3/5 4/5
2026-04-28 B 3/5 1/5 2/5 4/5 2/5 3/5 4/5
2026-04-27 B 3/5 1/5 2/5 4/5 2/5 3/5 4/5
2026-04-24 B 3/5 1/5 2/5 4/5 2/5 3/5 4/5
2026-04-23 B 3/5 1/5 2/5 4/5 2/5 3/5 4/5
2026-04-22 B 3/5 1/5 2/5 4/5 2/5 3/5 4/5
2026-04-21 B 3/5 1/5 2/5 4/5 2/5 3/5 4/5
2026-04-20 B 3/5 1/5 2/5 4/5 2/5 3/5 4/5
2026-04-17 B 3/5 1/5 2/5 4/5 2/5 3/5 4/5
2026-04-16 B 3/5 1/5 2/5 4/5 2/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
7.19B
OE per share TTM
2.55
Owner's Yield
6.59%
Maintenance CapEx ratio
353.85%
Maint CapEx / Avg PPE
113.0%

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 20 ETFs in our universe

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
14.05M
Shares Outstanding
2.82B

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
Worawat Pitayasiri Chief Executive Officer, Secretary to the Board & Executive Director 3M male
Jaruwat Singsomdee Senior Vice President Transformation & Sustainability Management male
Krittapong Tangsitthisilpa Senior Vice President of Finance & Accounting Shared Service Center male
Mantana Kunakorn Senior Vice President female
Panporn Sasananan Chief Financial Officer female
Pavarate Rattanasuwan Senior Vice President of Commercial GPSC & Government Contract male
Chansak Chuenchom President male
Sirimet Leepagorn President & Acting Chief Operating Officer male
Somsak Lertcharoensermsuk Senior Vice President of Project Construction Management male
Sukittee Chaiyarak Senior Vice President of Corporate Finance & Investor Relations female
Surajit Bourtherng Senior Vice President of Plant Operations & Maintenance, Rayong Area male
Saochai Sookkasem Senior Vice President - SSHE 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

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits