Gunkul Engineering Public Company Limited (GUNKUL.BK)
Bangkok, BKK, TH
Gunkul Engineering Public Company Limited, together with its subsidiaries, generates and sells renewable energy in Thailand, Japan, and Vietnam. The company operates in four segments: Manufacturing and Selling of Equipment for Electrical Systems; Generating and Selling Electricity; Construction Service; and Maintenance Service, Rental Service and Others. The company operates solar farms and rooftops, and wind farms; and operates and maintains power plants. It also constructs and invests in the electricity generation and sale business; manufactures, distributes, imports, and exports equipment for electrical systems; manufactures and sells energy-saving products; investsting; and provides training services. In addition, the company offers cables and accessories, fuses and switches, hardware and connectors, insulators and preformed products, lighting protection products, service and maintenance equipment, tools and maintenance equipment products, grounding systems, live part cover and animal protection products, circuit breakers, instrument transformers, street lighting, and meters and accessories; and led and streetlamps, floodlights, solar systems, batteries, bipv glass, flexible solar PV, and solar water pump products. Further, it provides drone thermal scan, peer-to-peer energy trading platform, energy living solutions for residential platforms, virtual power plant sandbox, battery energy storage system and virtual power plant, volt energy marketplace, and godungfaifaa online marketplace services. The company was incorporated in 1982 and is headquartered in Bangkok, Thailand. Gunkul Engineering Public Company Limited is a subsidiary of Gunkul Group Company Limited.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +1.20% | +2.42% | +40.83% | +53.64% | +84.70% | +77.89% | +102.40% | -11.52% | -11.52% | -13.99% | +626.30% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
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.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 5 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Independent Power Producers: +3.4%-9.5% Q1'26: +23.4% (vs Q1'25)
-
EPS growth Independent Power Producers: -2.8%+10.5% ★ Q1'26: +24.1% (vs Q1'25)
-
FCF margin FCF growth · Independent Power Producers: +37.9%+21.1% ★ Q1'26: +31.5% (vs Q1'25)
-
EBIT margin Independent Power Producers: +18.7%+19.8% ★ Q1'26: +15.7% (vs Q1'25)
-
ROIC Independent Power Producers: +4.3%+5.3% ★ Q1'26: +4.8% (vs Q1'25)
-
Share dilution Independent Power Producers: +0.0%-0.4% ★ Q1'26: +0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Independent Power Producers: 3.09×5.00× Q1'26: 5.57× (vs Q1'25)
* 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.
| 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 5 Rev. Ana. 4 EPS Ana. |
Dec 2027 5 Rev. Ana. 4 EPS Ana. |
Dec 2028 4 Rev. Ana. 3 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
4.45B
est: 4.86B (-8.5%)
|
3.12B
est: 3.90B (-20.0%)
|
4.77B
est: 4.92B (-3.2%)
|
6.23B
est: 6.06B (+2.8%)
|
7.10B
est: 6.73B (+5.5%)
|
8.65B
est: 5.71B (+51.6%)
|
9.32B
est: 8.74B (+6.6%)
|
7.51B
est: 7.65B (-1.9%)
|
7.61B
est: 8.28B (-8.2%)
|
9.06B
est: 9.38B (-3.4%)
|
8.20B
est: 8.33B (-1.5%)
|
9.89B
8.35B – 10.88B
+18.7% YoY
|
10.53B
8.60B – 11.86B
+6.5% YoY
|
11.70B
11.52B – 11.89B
+11.2% YoY
|
| EBITDA |
680.73M
est: 2.48B (-72.5%)
|
979.27M
est: 1.99B (-50.8%)
|
1.61B
est: 2.51B (-36.0%)
|
2.59B
est: 3.09B (-16.1%)
|
4.04B
est: 3.43B (+17.8%)
|
5.74B
est: 2.91B (+97.1%)
|
4.73B
est: 4.46B (+6.1%)
|
4.98B
est: 3.90B (+27.7%)
|
2.33B
est: 3.67B (-36.5%)
|
3.70B
est: 4.16B (-10.9%)
|
2.71B
est: 3.69B (-26.7%)
|
4.38B
3.70B – 4.82B
+18.7% YoY
|
4.67B
3.81B – 5.26B
+6.5% YoY
|
5.19B
5.11B – 5.27B
+11.2% YoY
|
| EBIT |
644.42M
est: 1.76B (-63.4%)
|
714.73M
est: 1.41B (-49.4%)
|
1.13B
est: 1.78B (-36.4%)
|
1.83B
est: 2.20B (-16.6%)
|
2.90B
est: 2.44B (+19.2%)
|
4.38B
est: 2.07B (+112.1%)
|
3.19B
est: 3.17B (+0.8%)
|
3.67B
est: 2.77B (+32.5%)
|
1.32B
est: 2.49B (-46.9%)
|
2.71B
est: 2.82B (-3.9%)
|
1.62B
est: 2.50B (-35.2%)
|
2.97B
2.51B – 3.27B
+18.7% YoY
|
3.16B
2.58B – 3.56B
+6.5% YoY
|
3.51B
3.46B – 3.57B
+11.2% YoY
|
| Net Income |
685.14M
est: 702.00M (-2.4%)
|
537.72M
est: 602.50M (-10.8%)
|
635.36M
est: 676.49M (-6.1%)
|
1.09B
est: 978.72M (+10.9%)
|
2.15B
est: 1.84B (+17.0%)
|
3.41B
est: 3.02B (+12.9%)
|
2.23B
est: 1.98B (+12.7%)
|
3.01B
est: 2.64B (+14.2%)
|
1.47B
est: 1.33B (+11.0%)
|
1.66B
est: 1.75B (-5.1%)
|
1.77B
est: 1.55B (+14.2%)
|
1.98B
1.93B – 2.03B
+27.8% YoY
|
2.11B
2.01B – 2.21B
+6.6% YoY
|
2.22B
2.16B – 2.27B
+5.2% YoY
|
| SGA |
521.03M
est: 614.86M (-15.3%)
|
533.55M
est: 493.53M (+8.1%)
|
690.97M
est: 622.96M (+10.9%)
|
713.48M
est: 767.20M (-7.0%)
|
1.37B
est: 851.31M (+61.2%)
|
886.35M
est: 722.12M (+22.7%)
|
972.08M
est: 1.11B (-12.1%)
|
1.03B
est: 967.85M (+6.1%)
|
1.15B
est: 1.12B (+2.6%)
|
1.24B
est: 1.27B (-2.3%)
|
1.22B
est: 1.13B (+7.9%)
|
1.34B
1.13B – 1.48B
+18.7% YoY
|
1.43B
1.17B – 1.61B
+6.5% YoY
|
1.59B
1.56B – 1.61B
+11.2% YoY
|
| EPS |
0.09
est: 0.08 (+14.3%)
|
0.06
est: 0.07 (-16.4%)
|
0.05
est: 0.08 (-36.2%)
|
0.12
est: 0.11 (+5.9%)
|
0.24
est: 0.21 (+12.9%)
|
0.39
est: 0.35 (+11.4%)
|
0.25
est: 0.23 (+9.2%)
|
0.34
est: 0.25 (+34.7%)
|
0.17
est: 0.15 (+11.4%)
|
0.19
est: 0.19 (-1.0%)
|
0.21
est: 0.18 (+16.7%)
|
0.23
0.22 – 0.24
+27.8% YoY
|
0.25
0.23 – 0.26
+7.8% YoY
|
0.26
0.25 – 0.26
+4.8% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-08 | A- | 4/5 | 3/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-07 | A- | 4/5 | 3/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-06 | A- | 4/5 | 3/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-05 | A- | 4/5 | 3/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-30 | A- | 4/5 | 3/5 | 4/5 | 4/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-29 | A- | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-28 | A- | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-27 | A- | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-24 | A- | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-23 | A- | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-22 | A- | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-21 | A- | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-20 | A- | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-17 | A- | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-16 | A- | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | WisdomTree Emerging Markets Equity Income UCITS ETF DEMD.L | 0.20% | 519.2K | 0.46% |
| 2 | WisdomTree Emerging Markets Equity Income UCITS ETF - Acc DEMR.L | 0.20% | 519.2K | 0.46% |
| 3 | State Street SPDR S&P Emerging Markets Small Cap ETF EWX | 0.03% | 222.1K | 0.65% |
| 4 | Dimensional Emerging Markets Sustainability Core 1 ETF DFSE | 0.01% | 55.3K | 0.44% |
| 5 | Dimensional - Emerging Markets Core Equity 2 ETF DFEM | 0.01% | 569.9K | 0.39% |
| 6 | Vanguard FTSE Emerging Markets Shares ETF VGE.AX | 0.00% | 48.8K | 0.48% |
| 7 | Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO | 0.00% | 110.1K | 0.26% |
| 8 | Dimensional World ex U.S. Core Equity 2 ETF DFAX | 0.00% | 372.7K | 0.28% |
| 9 | Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO | 0.00% | 8.7K | 0.22% |
| 10 | Vanguard All-Equity ETF Portfolio VEQT.TO | 0.00% | 26.3K | 0.22% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Sopacha Dhumrongpiyawut | President & Director | 1M | female |
| Naruechon Dhumrongpiyawut | Chief Executive Officer, Director & Board Secretary | 729.5K | female |
| Somboon Aueatchasai | Executive Director | 656.5K | — |
| Areewan Roonpraphan | Chief Operating Officer of High Voltage Equipment | 445.1K | female |
| Chaisiri Wattanacharnnarong | COO of Engineering & Turnkey and Director | 256.6K | male |
| Thitipong Techaratanayuenyong | Chief Financial Officer & Head of Investor Relations | 123.8K | male |
| Somluk Kanuenghet | Senior Vice President of Human Resources | 115.8K | female |
| Phongsakorn Damnoen | Chief Operating Officer of Energy & Cannabis Business | — | — |
| Chantra Jongjamareeseethong | Senior Vice President for Office of Chief Executive Officer | — | female |
| Tanetsiri Farkmitr | Head of Internal Audit & Head of Compliance | — | male |
| Thamrong Chankraithong | Senior Vice President of Sales & Marketing | — | male |
| Janpon Ngamaroonchote | Senior Vice President of Sales & Marketing - Energy Solution, Lighting and Groof | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for GUNKUL.BK
Short-term intention
Target Price Distribution
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.

MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
