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Bangkok Commercial Asset Management Public Company (BAM) Fair Value & Analysis

Financial Services · TH · Market cap 20.2B THB

BC Bangkok Commercial Asset Management Public Company BAM · BK
Price6.50 THB
Fair Value9.53 THB
Upside+46.6%
Quality95/100
Evidence: High Range 7.15 THB – 11.92 THB

Fair value as of: Jun 26, 2026

From 26 valuation models · updated 3 days ago

Share price +1.6% over the past month.

Price vs Fair Value (12 months)

7.77 THB 5.70 THB Fair Value 9.53 THB Jun 2025 Jun 2026

12‑month range 5.70 THB – 7.77 THB · fair‑value band 7.15 THB – 11.92 THB · the 6.50 THB price screens below the 9.53 THB fair value. As of Jun 26, 2026.

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Analysis

Bangkok Commercial Asset Management Public Company (BAM) currently trades at 6.50 THB, while our model-based Fair Value estimate is 9.53 THB — implying the stock looks roughly 46.6% undervalued today. We read business quality at 95/100 (high quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Bangkok Commercial Asset Management Public Company generated revenue of 2.5B THB at a net margin of 71.3%. Revenue grew 58.5% year over year. It earns a return on equity of 4.1%. Net debt stands at 86.0B THB. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 2.5B THB
Revenue growth (YoY) +58.5%
Net margin 71.3%
Return on equity 4.1%
Free cash flow 6.7B THB FY2025
P/E ratio 11.2
More key figures
Operating margin 27.3%
EPS (TTM) 0.5600 THB
Dividend yield 7.9%
EPS growth (YoY) +4.4%
Net debt 86.0B THB FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Bangkok Commercial Asset Management Public Company Limited operates as an asset management company in Thailand. The company operates through Non-Performing Loans (NPLs); and Non-Performing Assets (NPAs) and Investments in Securities segments. It purchases or transfers NPLs and NPAs for management or for further disposal or transfer. Th company also acquires and transfers NPLs from financial institutions to manage through debt negotiation practices. In addition, it is involved in the acquisition and transfer of NPAs from financial institutions; transfers of assets from debt settlement; and purchase of collateral at auction from the legal execution department with an emphasis on adding value. The company was founded in 1998 and is headquartered in Bangkok, Thailand.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Bangkok Commercial Asset Management Public Company reported revenue of 13.1B THB in FY2025 versus 10.2B THB in FY2021, a compound +6.2%/yr. Reported net income was 1.8B THB in FY2025, compounding −8.6%/yr from FY2021.

Revenue +6.2%/yr
FY21 10.2B THB
FY22 10.1B THB
FY23 9.7B THB
FY24 10.7B THB
FY25 13.1B THB
Net income −8.6%/yr
FY21 2.6B THB
FY22 2.7B THB
FY23 1.5B THB
FY24 1.6B THB
FY25 1.8B THB

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Similar stocks

6 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

Stock Price Fair Value vs Fair Value
Fondul Proprietatea SA FP $4.20 $6.41 +53%
The Schiehallion Fund Limited MNTN $2.27 $4.54 +100%
BlackRock, Inc BLK 17,417 MXN 10,294 MXN -41%
BH Macro Limited BHMU $0.0442 $0.0900 +104%
Blackstone Inc BX $123.26 $52.88 -57%
Investor AB IVSBF $39.99 $79.98 +100%

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Frequently asked questions

Is Bangkok Commercial Asset Management Public Company (BAM) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 9.53 THB versus a price of 6.50 THB — about +47% (undervalued). Model-based estimate, not financial advice.
What is the fair value of BAM?
Our 21-model fair value for Bangkok Commercial Asset Management Public Company is 9.53 THB (as of Jun 26, 2026), built from audited fundamentals. The current price is 6.50 THB.
What is the quality score of BAM?
Bangkok Commercial Asset Management Public Company has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Bangkok Commercial Asset Management Public Company (BAM)?
Bangkok Commercial Asset Management Public Company reported trailing-twelve-month revenue of about 2.5B THB (latest available figure, as of Jun 26, 2026).
What is the net profit margin of BAM?
The net profit margin of Bangkok Commercial Asset Management Public Company is about 71.3%, meaning it keeps roughly 71.3% of revenue as net income. Based on the latest reported figures.
Does Bangkok Commercial Asset Management Public Company pay a dividend?
Bangkok Commercial Asset Management Public Company currently shows a dividend yield of about 7.87% relative to its recent price (as of Jun 26, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.