Download PDF

1. Company Snapshot

1.a. Company Description

Banpu Public Company Limited engages in the coal mining and power businesses.It holds 50% interest in a 1,434 MW coal-fired power plant in Map Ta Phut Industrial Estate, Rayong Province, Thailand; and 100% interest in Temple 1 gas-fired power plant with a generation capacity of 768 MW located in Texas, the United States.The company also manages five coal mines in Kalimantan comprising Indominco, Jorong, Kitadin-Embalut, Trubaindo, and Bharinto, which produce a range of bituminous and sub-bituminous thermal coals in Indonesia.


In addition, it operates the Gaohe coal mine in Shanxi Province and Hebi mine in Henan Province; operates and manages 3 coal-fired combined heat and power plants with a capacity of 539 megawatts in China; and owns various coal mines located in New South Wales, Australia.Further, the company operates various coal project in Mongolia; thermal power plants in Lao PDR; wind farm in Vietnam; and solar farms in Japan.Additionally, it provides solar rooftop solutions and installation for industries and large businesses; energy storage solutions; electric vehicle and fleet management services; consultation services on customized energy management system; and renewable energy ecosystem for clean energy.


The company also involved in the power and steam production, purchase, and trading business; provident fund management; solar power generation; logistics; sales and marketing activities; natural gas business; investment in power and renewable energy; and research and development business.It also provides coal mining and trading; and business consultancy services, as well as fuel trading services.The company was formerly known as Ban Pu Coal Company Limited and changed its name to Banpu Public Company Limited in July 1993.


Banpu Public Company Limited was founded in 1983 and is headquartered in Bangkok, Thailand.

Show Full description

1.b. Last Insights on BPFG

Have nothing to say about that one ...

1.c. Company Highlights

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

Request Coverage

3. NewsRoom

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (4.85%)

6. Segments

Energy Resources - Mining

Expected Growth: 4.6%

Banpu Public Company Limited's 4.6% growth in Energy Resources - Mining is driven by increasing global demand for coal and natural gas, strategic expansion into new markets, and cost optimization initiatives. Additionally, the company's diversified portfolio of thermal and metallurgical coal, as well as its investments in renewable energy, contribute to its growth momentum.

Energy Generation - Thermal

Expected Growth: 4.73%

Banpu's 4.73% growth in Energy Generation - Thermal is driven by increasing electricity demand in Thailand and Indonesia, coupled with the company's strategic expansion into high-growth markets. Additionally, the company's focus on cost optimization, operational efficiency, and diversification of fuel sources have contributed to the growth.

Energy Resources - Natural Gas

Expected Growth: 4.83%

Banpu Public Company Limited's 4.83% growth in Natural Gas is driven by increasing demand from power generation and industrial sectors, coupled with strategic acquisitions and expansion into new markets. Additionally, the company's focus on cost optimization and operational efficiency has improved its competitiveness, contributing to the growth.

Eliminated Entries

Expected Growth: 3.75%

Banpu Public Company Limited's 3.75% growth is driven by increased coal production, rising energy demand in Asia, and strategic expansion into renewable energy. Cost optimization initiatives and improved operational efficiency also contributed to the growth. Additionally, the company's diversified revenue streams and strong financial position enabled it to capitalize on new business opportunities.

Energy Technology

Expected Growth: 9.9%

Banpu Public Company Limited's Energy Technology segment growth of 9.9% is driven by increasing demand for clean energy, government incentives for renewable energy adoption, and strategic investments in digital technologies to enhance operational efficiency and reduce costs.

Energy Generation - Renewable

Expected Growth: 9.95%

Banpu's 9.95% growth in Energy Generation - Renewable is driven by increasing demand for clean energy, favorable government policies and incentives, declining renewable energy costs, and strategic acquisitions and partnerships. Additionally, the company's diversified renewable energy portfolio, including solar, wind, and hydroelectric power, has enabled it to capitalize on growth opportunities in the Asia-Pacific region.

7. Detailed Products

Coal Mining

Banpu Public Company Limited is a leading coal mining company in Thailand, operating coal mines in Thailand, Indonesia, and Australia.

Power Generation

Banpu generates electricity from its coal-fired power plants in Thailand and Laos.

Renewable Energy

Banpu invests in renewable energy sources, including solar and wind power, to reduce carbon footprint and promote sustainability.

Energy Trading

Banpu trades energy commodities, including coal, oil, and gas, to meet the energy demands of its customers.

8. Banpu Public Company Limited's Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Banpu Public Company Limited is moderate due to the availability of alternative energy sources such as solar and wind power.

Bargaining Power Of Customers

The bargaining power of customers is low due to the lack of concentration of buyers in the energy market, giving Banpu Public Company Limited a relatively strong position.

Bargaining Power Of Suppliers

The bargaining power of suppliers is moderate due to the presence of multiple suppliers of coal and other energy sources, giving Banpu Public Company Limited some negotiating power.

Threat Of New Entrants

The threat of new entrants is low due to the high barriers to entry in the energy market, including significant capital requirements and regulatory hurdles.

Intensity Of Rivalry

The intensity of rivalry is high due to the presence of several established players in the energy market, leading to intense competition for market share.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 63.12%
Debt Cost 7.54%
Equity Weight 36.88%
Equity Cost 8.37%
WACC 7.85%
Leverage 171.15%

11. Quality Control: Banpu Public Company Limited passed 1 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Alliance Resource Partners

A-Score: 7.4/10

Value: 8.6

Growth: 4.8

Quality: 7.1

Yield: 10.0

Momentum: 5.5

Volatility: 8.7

1-Year Total Return ->

View Full Report
Stock-Card
Banpu

A-Score: 5.7/10

Value: 7.5

Growth: 4.7

Quality: 3.8

Yield: 10.0

Momentum: 2.5

Volatility: 6.0

1-Year Total Return ->

View Full Report
Stock-Card
Arch Resources

A-Score: 5.1/10

Value: 4.3

Growth: 7.3

Quality: 4.6

Yield: 5.0

Momentum: 3.5

Volatility: 5.7

1-Year Total Return ->

View Full Report
Stock-Card
IRPC

A-Score: 4.7/10

Value: 7.8

Growth: 4.7

Quality: 2.8

Yield: 3.3

Momentum: 3.0

Volatility: 6.7

1-Year Total Return ->

View Full Report
Stock-Card
Peabody Energy

A-Score: 4.3/10

Value: 6.4

Growth: 3.8

Quality: 5.0

Yield: 1.0

Momentum: 6.5

Volatility: 3.3

1-Year Total Return ->

View Full Report
Stock-Card
CONSOL Energy

A-Score: 4.0/10

Value: 5.8

Growth: 6.3

Quality: 4.9

Yield: 1.0

Momentum: 1.5

Volatility: 4.7

1-Year Total Return ->

View Full Report

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

0.11$

Current Price

0.11$

Potential

-0.00%

Expected Cash-Flows