AI Spotlight on ECGF
Company Description
Electricity Generating Public Company Limited, together with its subsidiaries, generates and sells electricity to government sector and industrial users primarily in Thailand, the Philippines, Australia, South Korea, Taiwan, the United States, Laos, and Indonesia.The company operates in two segments, Electricity Generation and Other Businesses.It generates electricity from various resources, such as natural gas, liquefied natural gas, coal, biomass, hydro, solar, wind, geothermal, and fuel cell.
As of December 31, 2021, the company operated 30 domestic and overseas power plants with total capacity of 5,959.27 MW equity; operating power plants with a total capacity of 5,646.19 MW equity and projects under construction with total equity contracted capacity of 313.08 MW.It also provides operation, maintenance, engineering, and construction services to power plants, petrochemical plants, oil refineries, and other industries.Electricity Generating Public Company Limited was incorporated in 1992 and is headquartered in Bangkok, Thailand.
Market Data
Last Price | 3.02 |
Change Percentage | -0.66% |
Open | 3.02 |
Previous Close | 3.04 |
Market Cap ( Millions) | 1590 |
Volume | 0 |
Year High | 3.36 |
Year Low | 2.2 |
M A 50 | 3.1 |
M A 200 | 2.83 |
Financial Ratios
FCF Yield | 17.52% |
Dividend Yield | 5.83% |
ROE | -8.17% |
Debt / Equity | 123.54% |
Net Debt / EBIDTA | 3049.30% |
Price To Book | 0.57 |
Price Earnings Ratio | -6.73 |
Price To FCF | 5.71 |
Price To sales | 1.42 |
EV / EBITDA | 50.39 |
News
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Electricity Generation
Expected Growth : 7.77 %
What the company do ?
Electricity Generating Public Company Limited generates electricity from various sources including natural gas, coal, and renewable energy, with a total installed capacity of over 4,500 MW.
Why we expect these perspectives ?
The 7.77% growth in electricity generation from Electricity Generating Public Company Limited is driven by increasing demand from industrial and commercial sectors, government initiatives to promote renewable energy, and investments in grid expansion and modernization. Additionally, the company's focus on improving operational efficiency and reducing costs has also contributed to the growth.
Segment nΒ°2 -> Adjustments
Expected Growth : 7.43 %
What the company do ?
Adjustments from Electricity Generating Public Company Limited refer to the changes made to the company's financial statements to reflect the actual costs and revenues of electricity generation.
Why we expect these perspectives ?
The 7.43% growth of Adjustments from Electricity Generating Public Company Limited is driven by increasing electricity demand, favorable government policies, and investments in renewable energy. Additionally, the company's focus on cost reduction and operational efficiency has contributed to the growth. Furthermore, the expansion of transmission and distribution networks has also supported the growth.
Segment nΒ°3 -> Other
Expected Growth : 7.88 %
What the company do ?
The 'Other' segment of Electricity Generating Public Company Limited includes revenue from sales of electricity to neighboring countries and other miscellaneous income.
Why we expect these perspectives ?
Strong demand for electricity in Thailand, driven by industrialization and population growth, coupled with the company's diversified power generation portfolio and efficient operations, have contributed to the 7.88% growth. Additionally, the company's focus on renewable energy and strategic partnerships have enhanced its competitiveness and fueled expansion.
Electricity Generating Public Company Limited Products
Product Range | What is it ? |
---|---|
Electricity Generation | Electricity Generating Public Company Limited generates electricity from various sources including thermal, hydro, and renewable energy sources. |
Transmission Services | EGAT provides transmission services to transmit electricity from power plants to substations, ensuring reliable and efficient transmission of electricity. |
Distribution Services | EGAT distributes electricity from substations to end-users, including households, commercial establishments, and industrial customers. |
Renewable Energy Solutions | EGAT offers renewable energy solutions, including solar, wind, and hydroelectric power, to promote sustainable energy development. |
Energy Storage Solutions | EGAT provides energy storage solutions to stabilize the grid, ensure energy reliability, and optimize energy efficiency. |
Energy Efficiency Services | EGAT offers energy efficiency services to help customers optimize their energy usage, reduce energy consumption, and lower energy costs. |
Electricity Generating Public Company Limited's Porter Forces
Threat Of Substitutes
The threat of substitutes for Electricity Generating 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 for Electricity Generating Public Company Limited is low due to the lack of alternative energy providers in the market.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Electricity Generating Public Company Limited is moderate due to the dependence on a few major suppliers of fuel and equipment.
Threat Of New Entrants
The threat of new entrants for Electricity Generating Public Company Limited is low due to the high barriers to entry in the energy generation industry.
Intensity Of Rivalry
The intensity of rivalry for Electricity Generating Public Company Limited is high due to the competition from other energy generation companies in the market.
Capital Structure
Value | |
---|---|
Debt Weight | 53.58% |
Debt Cost | 5.06% |
Equity Weight | 46.42% |
Equity Cost | 6.19% |
WACC | 5.58% |
Leverage | 115.42% |
Electricity Generating Public Company Limited : Quality Control
Electricity Generating Public Company Limited passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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CPX.TO | Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, β¦ |
NRG | NRG Energy, Inc., together with its subsidiaries, operates as an integrated power company in the United States. It operates through Texas, East, and West. The company is involved in the β¦ |
KEN | Kenon Holdings Ltd., through its subsidiaries, operates as an owner, developer, and operator of power generation facilities in Israel, the United States, and internationally. It operates in four segments: OPC β¦ |
CNA.L | Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Norway, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, β¦ |
BWLPG.OL | BW LPG Limited, an investment holding company, engages in shipowning and chartering activities worldwide. The company operates through two segments, Very Large Gas Carriers (VLGCs) and Product Services. It is β¦ |