Ratch Group Public Company Limited (RATCH.BK)
Nonthaburi, TH
Ratch Group Public Company Limited, along with its subsidiaries, is primarily engaged in the production and distribution of electricity, with operations extending across Thailand, Australia, and various international markets. The company's business activities are structured across four key divisions: domestic electricity generation, renewable energy development, international power ventures, and a segment encompassing related business and infrastructure. Power generation relies on a diverse energy mix, utilizing conventional sources like natural gas, coal, and fuel oil, as well as sustainable alternatives such as solar, wind, and biomass. Furthermore, Ratch Group offers specialized services for power plant operation and maintenance and strategically invests in the wider energy sector. Established in Nonthaburi, Thailand, in 2000, the company rebranded from Ratchaburi Electricity Generating Holding Public Company Limited to its present name in April 2019.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.83% | +0.00% | +1.71% | -5.56% | +1.71% | +0.85% | +14.42% | -20.13% | -37.00% | -39.14% | +125.38% |
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 | 4 | 0 |
| Hold | 2 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 1 | 0 |
-
Revenue growth Regulated Electric: +9.0%-17.3% Q1'26: +100.9% (vs Q1'25)
-
EPS growth Regulated Electric: +12.7%+1.4% Q1'26: +0.0% (vs Q1'25)
-
FCF margin FCF growth · Regulated Electric: +35.5%+15.3% Q1'26: +23.8% (vs Q1'25)
-
EBIT margin Regulated Electric: +19.9%+8.7% Q1'26: +11.5% (vs Q1'25)
-
ROIC Regulated Electric: +4.4%+1.1% Q1'26: +2.4% (vs Q1'25)
-
Share dilution Regulated Electric: +0.0%+0.0% Q1'26: -0.1% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Regulated Electric: 4.23×19.27× Q1'26: 12.39× (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 6 Rev. Ana. 8 EPS Ana. |
Dec 2027 6 Rev. Ana. 8 EPS Ana. |
Dec 2028 3 Rev. Ana. 7 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
57.18B
est: 56.09B (+1.9%)
|
47.58B
est: 51.65B (-7.9%)
|
42.00B
est: 46.92B (-10.5%)
|
39.52B
est: 42.38B (-6.8%)
|
38.36B
est: 40.81B (-6.0%)
|
34.21B
est: 38.43B (-11.0%)
|
37.33B
est: 39.24B (-4.9%)
|
74.73B
est: 52.44B (+42.5%)
|
43.98B
est: 32.83B (+33.9%)
|
33.13B
est: 51.72B (-35.9%)
|
27.42B
est: 30.75B (-10.8%)
|
33.65B
23.38B – 44.93B
+9.4% YoY
|
31.46B
19.54B – 44.70B
-6.5% YoY
|
31.60B
30.89B – 32.32B
+0.4% YoY
|
| EBITDA |
7.10B
est: 12.77B (-44.4%)
|
6.73B
est: 11.76B (-42.7%)
|
6.11B
est: 10.68B (-42.8%)
|
3.98B
est: 9.65B (-58.8%)
|
5.85B
est: 9.29B (-37.0%)
|
5.24B
est: 8.75B (-40.1%)
|
6.08B
est: 8.93B (-32.0%)
|
7.29B
est: 11.94B (-39.0%)
|
11.03B
est: 7.93B (+39.1%)
|
15.70B
est: 12.49B (+25.7%)
|
6.09B
est: 7.43B (-17.9%)
|
8.13B
5.65B – 10.85B
+9.4% YoY
|
7.60B
4.72B – 10.79B
-6.5% YoY
|
7.63B
7.46B – 7.80B
+0.4% YoY
|
| EBIT |
5.81B
est: 8.62B (-32.6%)
|
5.43B
est: 7.94B (-31.6%)
|
4.80B
est: 7.21B (-33.5%)
|
2.72B
est: 6.52B (-58.3%)
|
4.30B
est: 6.27B (-31.5%)
|
7.87B
est: 5.91B (+33.1%)
|
9.87B
est: 6.03B (+63.6%)
|
9.59B
est: 8.06B (+19.0%)
|
6.97B
est: 4.99B (+39.5%)
|
11.68B
est: 7.86B (+48.5%)
|
2.39B
est: 4.68B (-48.9%)
|
5.12B
3.56B – 6.83B
+9.4% YoY
|
4.78B
2.97B – 6.80B
-6.5% YoY
|
4.81B
4.70B – 4.91B
+0.4% YoY
|
| Net Income |
3.19B
est: 6.08B (-47.6%)
|
6.17B
est: 7.50B (-17.8%)
|
6.11B
est: 9.28B (-34.2%)
|
5.59B
est: 8.44B (-33.8%)
|
5.96B
est: 8.81B (-32.3%)
|
6.29B
est: 7.72B (-18.6%)
|
7.82B
est: 9.73B (-19.6%)
|
5.78B
est: 5.58B (+3.6%)
|
5.17B
est: 5.42B (-4.7%)
|
6.13B
est: 5.58B (+9.9%)
|
6.22B
est: 6.81B (-8.7%)
|
6.64B
5.12B – 8.22B
-2.5% YoY
|
6.97B
4.75B – 8.56B
+5.0% YoY
|
6.98B
4.42B – 8.05B
+0.0% YoY
|
| SGA |
1.41B
est: 3.33B (-57.7%)
|
1.30B
est: 3.07B (-57.8%)
|
1.49B
est: 2.79B (-46.6%)
|
1.47B
est: 2.52B (-41.6%)
|
1.44B
est: 2.42B (-40.6%)
|
1.60B
est: 2.28B (-29.8%)
|
1.70B
est: 2.33B (-26.9%)
|
2.78B
est: 3.11B (-10.7%)
|
3.04B
est: 2.43B (+25.1%)
|
3.25B
est: 3.82B (-14.9%)
|
3.28B
est: 2.27B (+44.3%)
|
2.49B
1.73B – 3.32B
+9.4% YoY
|
2.33B
1.45B – 3.31B
-6.5% YoY
|
2.34B
2.28B – 2.39B
+0.4% YoY
|
| EPS |
2.04
est: 2.80 (-27.0%)
|
3.93
est: 3.45 (+13.9%)
|
3.85
est: 4.26 (-9.7%)
|
3.57
est: 3.88 (-8.0%)
|
3.81
est: 4.05 (-5.9%)
|
4.02
est: 3.55 (+13.2%)
|
5.00
est: 4.47 (+11.8%)
|
3.15
est: 4.21 (-25.3%)
|
2.38
est: 2.49 (-4.5%)
|
2.82
est: 3.27 (-13.9%)
|
2.86
est: 3.12 (-8.3%)
|
3.07
2.35 – 3.78
-1.6% YoY
|
3.22
2.18 – 3.93
+4.9% YoY
|
3.22
2.03 – 3.70
0.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-11 | A- | 4/5 | 5/5 | 2/5 | 3/5 | 2/5 | 4/5 | 4/5 |
| 2026-05-08 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-05-07 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-05-06 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-05-05 | A | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 4/5 | 5/5 |
| 2026-04-30 | A | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 4/5 | 5/5 |
| 2026-04-29 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-28 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-27 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-24 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-23 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-22 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-21 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-20 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-17 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-16 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 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 | State Street SPDR S&P Emerging Markets Dividend ETF EDIV | 0.30% | 3.68M | 0.49% |
| 2 | State Street SPDR S&P Emerging Markets Small Cap ETF EWX | 0.05% | 386.8K | 0.65% |
| 3 | Dimensional - Emerging Markets Core Equity 2 ETF DFEM | 0.00% | 242.7K | 0.39% |
| 4 | Dimensional World ex U.S. Core Equity 2 ETF DFAX | 0.00% | 309.5K | 0.28% |
| 5 | State Street SPDR S&P Emerging Markets Dividend ETF EDIV | 0.00% | 22.9K | 0.49% |
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 |
|---|---|---|---|
| Nitus Voraphonpiput | CEO, President, Secretary to the Board & Director | 21.9K | male |
| Boonchai Jarunwaraphan | Chief Project Development Officer | — | male |
| Kamolkarn Hinviman | Senior Vice President & Head of Internal Audit Department | — | female |
| Nawapol Disathien | Executive Vice President of Legal & Corporate Service | — | male |
| Peerawat Pumthong | Deputy Chief Executive Officer | — | male |
| Puthachard Smitamegha | Senior Vice President & Head of Tax Management and General Ledger Department | — | female |
| Sakarin Tangkavachiranon | Chief Investment Officer | — | male |
| Saowanee Deetayat | Executive Vice President of Accounting | — | female |
| Somboon Kositvanich | Senior Vice President & Head of Internal Audit Division | — | male |
| Supatra Thongkarn | Executive Vice President of Financial | — | female |
| Suteep Thummarugee | Acting Chief Operating Officer | — | male |
| Wadeerat Charoencoop | Chief Financial Officer | — | female |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for RATCH.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.

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