Valuation Gulf Energy Development

Equities

End-of-day quote Thailand S.E. Other stock markets 15/05/2026			5-day change	1st Jan Change
59.75 ^THB	-0.83%		-3.24%	+43.11%

08/05	Gulf Development Establishmes Gulf Edge Data Center 02 Company Limited	RE
08/05	Gulf Development Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2025	2026	2027	2028
Capitalization ¹	6,23,738	8,92,655	-	-
Change	-	43.11%	-	-
Enterprise Value (EV) ¹	8,92,594	12,14,818	12,10,165	12,22,192
Change	-	36.1%	-0.38%	0.99%
P/E ratio	20.9x	26.5x	24.2x	22x
PBR	1.86x	2.58x	2.41x	2.36x
PEG	-	2.1x	2.57x	2.2x
Capitalization / Revenue	4.81x	6.6x	6.31x	6.13x
EV / Revenue	6.88x	8.98x	8.56x	8.4x
EV / EBITDA	34.2x	40.6x	35.4x	32.4x
EV / EBIT	42x	50.6x	44.9x	41.1x
EV / FCF	79.7x	27.1x	27.1x	27.9x
FCF Yield	1.25%	3.7%	3.7%	3.59%
Dividend per Share ²	-	1.384	1.505	1.698
Rate of return	-	2.32%	2.52%	2.84%
EPS ²	2	2.258	2.471	2.719
Distribution rate	-	61.3%	60.9%	62.4%
Net sales ¹	1,29,667	1,35,253	1,41,440	1,45,504
EBITDA ¹	26,084	29,919	34,157	37,684
EBIT ¹	21,232	24,002	26,929	29,705
Net income ¹	86,562	33,963	37,005	40,980
Net Debt ¹	2,68,856	3,22,162	3,17,510	3,29,537
Reference price ²	41.75	59.75	59.75	59.75
Nbr of stocks (in thousands)	1,49,39,838	1,49,39,838	-	-
Announcement Date	17/02/26	-	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
GULF ENERGY DEVELOPMENT	26.68x	9.04x	40.85x	2.3%	2.78TCr
GE VERNOVA INC.	35.26x	6.26x	45.76x	0.18%	29TCr
NEXTERA ENERGY	24.09x	9.79x	16.28x	2.58%	20TCr
IBERDROLA, S.A.	19.42x	4.11x	11.14x	3.76%	15TCr
ENEL S.P.A.	13.54x	1.93x	6.81x	5.28%	11TCr
SOUTHERN COMPANY	20.98x	5.9x	13.08x	3.24%	11TCr
CONSTELLATION ENERGY CORPORATION	23.44x	3.57x	13.98x	0.62%	9.94TCr
DUKE ENERGY CORPORATION	18.44x	5.65x	11.15x	3.52%	9.69TCr
AMERICAN ELECTRIC POWER COMPANY, INC.	20.24x	5.14x	12.47x	3.01%	7TCr
DOMINION ENERGY, INC.	17.7x	6.11x	12.57x	4.24%	5.54TCr
Average	21.98x	5.75x	18.41x	2.88%	12.14TCr
Weighted average by Cap.	23.98x	5.86x	21.16x	2.47%