Check 35,000+ stocks against 26 valuation models and 37 quality factors

The Erawan Group Public Company Limited (ERW) fair value: what the stock is really worth

As of Sep 24, 2026: fair value of The Erawan Group Public Company Limited THB 4.14, price THB 3.68, upside +12.4%, quality 40 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

Fair value above price? Yes
Good quality? No
Add to watchlist

Consumer Cyclical · TH · ISIN TH0120010Y07

TE Thin data Sep 24, 2026

The Erawan Group Public Company Limited

ERW · BK

SpeculativeQuality growthUpside exists, but weak quality makes the signal speculative.

✓Fair value 4.14 THB · Undervalued (+12%)

!Quality 40/100

✓Healthy Growth (revenue 5y +27.9 %/yr)

✓Solidly profitable · 10.8% net margin (TTM)

✓Moderate debt · generates free cash flow

·1.90% dividend yield

✓Ranks above peers (11/15)

!Moderate moat 56/100

!Insider activity 40/100

!Evidence only low, so the estimate is less certain

!Weak on future: 29 out of 100

26 models, one by oneBear 2.08 THB to bull 5.38 THB Growth analysisrevenue history, year by year Quality 40/100 in detail37 factors, each one shown Compared with its peersrank on every measure, side by side

Watch The Erawan Group Public Company Limited for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free Pro now: $1 first month

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.

How to read this chart

60‑month range 1.77 THB – 5.41 THB · fair‑value band 2.08 THB – 5.38 THB · the 3.68 THB price screens below the 4.14 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.

Follow The Erawan Group Public Company in your weekly email

Every Wednesday you see whether The Erawan Group Public Company is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

The Erawan Group Public Company Limited engages in hotel, and building rental and management businesses primarily in Thailand, Japan, and Philippines.

The Erawan Group Public Company Limited engages in hotel, and building rental and management businesses primarily in Thailand, Japan, and Philippines. The company operates hotels and resorts under the Grand Hyatt Erawan Bangkok, IBIS, JW Marriott Bangkok, The Naka Island, Courtyard by Marriott Bangkok, Holiday Inn Pattaya, IBIS Styles, Novotel Bangkok Sukhumvit 4, Holiday Inn Cebu City, Mercure Hotels, and HOP INN names. It also rents commercial retail property under the name Erawan Bangkok, as well as a shopping plaza and one office building. In addition, the company is involved in restaurant business, under Man Ho Bistro, a Chinese culinary eatery; and Chisana Nami, a modern teppanyaki. The company was incorporated in 1982 and is headquartered in Bangkok, Thailand.

Stock analysis

The Erawan Group Public Company Limited (ERW) currently trades at 3.68 THB, while our model-based Fair Value estimate is 4.14 THB, implying the stock looks roughly 11.0% undervalued today.

Valuation

Bull case: the DCF Models group reads highest at a median of 3.21 THB per share, and 6 of the 26 models we run sit above the 3.68 THB price.

Bear case: the Dividend Discount group reads lowest at 1.15 THB, and 20 of the 26 models stay below the price. Evidence for this calculation is low.

Scenario range: 2.08 THB (bear) to 5.38 THB (bull), the price of 3.68 THB sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 40/100 (below-average quality), in the Consumer Cyclical sector.

Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.

The Erawan Group Public Company Limited reported revenue of 7.9B THB in FY2025 versus 1.5B THB in FY2021, a compound +51.9%/yr. Reported net income was 838M THB in FY2025.

Key figures

Market cap 18.0B THB (≈ $538M) · P/E ratio 20.4 · P/S ratio 2.17 · EPS (TTM) 0.1800 THB · Dividend yield 1.9% · Net margin 10.6% · Return on equity 9.3% · Return on assets (EBIT) 2.3%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).

What moves the price

The share trades about 6% below its 52-week high and 85% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Consumer Cyclical peers we cover trades at −32% fair-value upside, at 12%, ERW screens cheaper than that median.

Fair Value models

Bear 2.08 THB Fair Value 4.14 THB Bull 5.38 THB

Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (0.0808 THB per share) are deliberately not added. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.

Highest evidence

FCF DCF 1.84 THB 3.62 THB 6.19 THB 77

Growth DCF 1.82 THB 3.44 THB 5.67 THB 76

Residual Income 1.50 THB 1.61 THB 1.80 THB 76

All 26 models by family

DCF Models

FCF DCF 1.84 THB 3.62 THB 6.19 THB 77

Owner Earnings 1.62 THB 3.27 THB 5.66 THB 73

5Y Revenue Exit 0.7300 THB 1.70 THB 2.93 THB 69

5Y EBITDA Exit 2.57 THB 5.34 THB 8.71 THB 73

5Y P/E Exit 1.49 THB 3.21 THB 5.09 THB 68

10Y Revenue Exit 1.10 THB 2.09 THB 3.43 THB 65

10Y EBITDA Exit 2.23 THB 4.47 THB 7.68 THB 66

10Y P/E Exit 1.59 THB 3.08 THB 5.02 THB 62

Earnings-Based

Graham-Dodd 1.17 THB 4.66 THB 6.34 THB 64

Lynch FV 1.16 THB 1.66 THB 2.15 THB 61

PEG = 1.0 1.16 THB 1.66 THB 2.15 THB 57

EPV 1.00 THB 1.31 THB 1.56 THB 74

Dividend Discount

Gordon GGM 0.7000 THB 1.26 THB 1.73 THB 68

DDM Multi-Stage 0.7000 THB 1.15 THB 1.35 THB 67

Multiples

P/E Multiple 2.83 THB 3.77 THB 4.72 THB 63

P/S Multiple 1.46 THB 1.94 THB 2.43 THB 58

P/B Multiple 2.19 THB 2.92 THB 3.64 THB 55

EV/EBIT 2.98 THB 4.40 THB 5.82 THB 65

EV/EBITDA 3.49 THB 5.08 THB 6.67 THB 67

EV/Revenue 0.0800 THB 0.6700 THB 1.25 THB 47

Asset-Based

NCAV (Graham) 0.9200 THB 1.23 THB 1.83 THB 54

Growth DCF

Growth DCF 1.82 THB 3.44 THB 5.67 THB 76

Rev-Margin DCF 0.7300 THB 1.73 THB 2.97 THB 69

Economic Profit

Residual Income 1.50 THB 1.61 THB 1.80 THB 76

ROIC Compounder 1.00 THB 1.31 THB 1.56 THB 72

Growth Earnings

Growth-Adj P/E 2.10 THB 2.99 THB 3.89 THB 67

Open the full fair value analysis →

Notify me when ERW reaches fair value

Put ERW on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 40/100

Of which business quality 40 · Market factors (momentum, volatility) 78

Profitability 33

Margins and returns on capital today

Quality Growth 25

Are margins and returns improving?

Cashflow 66

Earnings quality: real cash, not paper profit

Fin. Strength 25

Balance sheet, leverage, solvency risk

Investment 41

Disciplined investing over empire-building

Low Volatility 67

Calm price path (market factor)

Momentum 83

Price trend over the last 3–12 months (market factor)

52W Momentum 83

Distance to the 52-week high (market factor)

Net Issuance 51

Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 95/100

Revenue growth appears healthy and is supported by profitability and cash-flow quality.

Revenue growth 1 year

+0.4%

Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.

+19.5%

Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.

+27.9%

Start year 2020 (pandemic). Over 10 years: +4.2% a year

Revenue growth 24 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.

+4.3%

’14

’15

’16

’17

’18

’19

’20

’21

’22

’23

’24

’25

What shareholders gained per year (last 5 years), in THB ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in THB: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.

+10.5%

Earnings growth per share plus dividend.

Earnings per share, growth per year+8.6%

Dividend (yield on the price)1.9%

Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.9% vs 9%, steady

Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−51% → 20%

Start year 2020 (pandemic)

Growth Forecast

A lot of optimism in the price

The price assumes less growth than the company has delivered so far and more than analysts expect.

What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).

+20.7%

Yearly growth needed for the next five years to justify today's price.

What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.

+5.2%

Yearly sales growth analysts expect, extended to five years.

After inflation (Thailand: IMF forecast 1.2% a year to 2030, 1.1% from 2016 to 2025) that is about +19.3% a year for the price and +3.9% for the forecasts.

Forecast 2026 (sales)+4.8%

Forecast 2027 (sales)+6.0%

Projected 2028 (sales)+5.5%

Projected 2029 (sales)+5.0%

Projected 2030 (sales)+4.5%

Watch ERW, get fair value alerts →

Compare The Erawan Group Public Company Limited with another stock

Price, fair value, quality and upside side by side.

First stock

Second stock

Free, no sign-up

Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Lodging · 169 stocks

Beats the industry median on 11/15 measures

Overall it ranks above its industry peers.

Valuation

Quality Score 40 · Bottom 25%

Fair Value upside +12% · Above median

Profitability

Return on equity (TTM) 9% · Above median

Return on assets 4% · Above median

Net margin (TTM) 11% · Above median

Operating margin (TTM) 25% · Above median

Growth and dividend

Revenue growth 6% · Above median

Dividend yield (TTM) 1.9% · Above median

Balance sheet

Debt / equity 0.91× · Highest 25%

Valuation Multiplesvs Lodging median · lower = cheaper

P/E (TTM) 20.4× · Cheaper than median

P/B 2.01× · Pricier than median

P/S (TTM) 2.23× · Pricier than median

P/FCF 0.6× · Cheaper than median

EV/EBITDA 10.1× · Cheaper than median

PEG 0.62× · Cheapest 25%

Strength profile in five axes (Snowflake)

This stock

Sector peers

VALUE (fair-value potential)50 · sector 19

FUTURE (revenue growth)29 · sector 25

PAST (return on equity)37 · sector 13

HEALTH (low debt)55 · sector 89

DIVIDEND (yield)38 · sector 30

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Lodging stocks, each showing price versus our Fair Value estimate.

Stock	Price	Fair Value	vs Fair Value
Marriott International, Inc MAR	$351.66	$150.61	−57%
Hilton Worldwide Holdings HLT	$307.22	$268.06	−13%
InterContinental Hotels Group IHG	$154.85	$97.57	−37%
Hyatt Hotels Corporation H	$157.80	$49.88	−68%
H World Group HTHT	$42.78	$63.51	+48%
Accor SA AC	€45.22	€40.27	−11%
The Indian Hotels Company INDHOTEL	₹743.70	₹502.32	−32%
Wyndham Hotels & Resorts, Inc WH	$67.86	$29.84	−56%
Hanjin Kal, 180640	140,100 KRW	28,728 KRW	−79%
Choice Hotels International, Inc CHH	$100.32	$73.41	−27%

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks Technology Financial Services Healthcare Consumer Cyclical Consumer Defensive Communication Services Industrials Energy Basic Materials Real Estate Utilities Deeply Undervalued Stocks Undervalued High-Quality Stocks Undervalued Blue-Chip Stocks Undervalued Small-Cap Stocks Undervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Calculator with industry benchmark Peter Lynch Fair Value Formula &…Calculator with industry benchmark

Run the numbers yourself: free valuation calculators

DCF Calculator Graham Number Peter Lynch Formula DDM Calculator Fama-French Model Intrinsic Value

For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

The Erawan Group Public Company Limited · Fair Value
4.14 THB +11%Fair Value
Calculator →

<a href="https://www.fairvalue-calculator.com/stock/ERW" target="_blank" rel="nofollow noopener" style="display:inline-flex;align-items:center;gap:12px;box-sizing:border-box;font-family:system-ui,-apple-system,Segoe UI,Roboto,sans-serif;text-decoration:none;background:#0f1814;color:#eaf2ed;border:1px solid #2a3a30;border-radius:12px;padding:12px 16px;max-width:360px"><span style="line-height:1.35"><span style="font-size:12px;color:#9fb0a8">The Erawan Group Public Company Limited · Fair Value</span><br><b style="font-size:20px">4.14 THB</b> <span style="color:var(--fvc-g-mitte);font-weight:700;font-size:14px">+11%</span></span><span style="font-size:11px;color:var(--fvc-g-mitte);font-weight:700;margin-left:auto;text-align:right;line-height:1.3">Fair&nbsp;Value<br>Calculator&nbsp;→</span></a>

Cite: Fair Value Calculator (2026). "The Erawan Group Public Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/ERW

Frequently asked questions

Is The Erawan Group Public Company Limited (ERW) overvalued or undervalued?

As of Sep 24, 2026, our model estimates a fair value of 4.14 THB versus a price of 3.68 THB, about +12% upside (undervalued).

What is the fair value of ERW?

Our model-based fair value for The Erawan Group Public Company Limited is 4.14 THB (as of Sep 24, 2026), built from audited fundamentals. The current price: 3.68 THB.

What is the quality score of ERW?

The Erawan Group Public Company Limited has a Quality Score of 40/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.

What is the price target for The Erawan Group Public Company Limited (ERW)?

Our model-based price target is the fair value of 4.14 THB (as of Sep 24, 2026) from 26 valuation models. Cautious scenario 2.08 THB, optimistic scenario 5.38 THB. It is a calculation from audited fundamentals, not an analyst target.

What is the The Erawan Group Public Company Limited stock forecast for 2026?

Our models put fair value at 4.14 THB, about +12% upside versus a price of 3.68 THB (undervalued). Cautious scenario 2.08 THB, optimistic scenario 5.38 THB. The calculation is refreshed regularly with new filings.

What is the revenue of The Erawan Group Public Company Limited (ERW)?

The Erawan Group Public Company Limited reported trailing-twelve-month revenue of about 8.1B THB (latest available figure, as of Sep 24, 2026).

Does The Erawan Group Public Company Limited pay a dividend?

The Erawan Group Public Company Limited currently shows a dividend yield of about 1.90% relative to its recent price (as of Sep 24, 2026).

What growth is priced into The Erawan Group Public Company Limited (ERW)?

For today's price to be fair in a discounted-cash-flow model, The Erawan Group Public Company Limited would have to grow free cash flow by +20.7 % per year for five years (discount rate 11.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +27.9 % per year. As of Sep 24, 2026.

What discount rate (WACC) does the fair value of ERW use?

Our models discount The Erawan Group Public Company Limited at 11.6 %: a base by market capitalisation (small), damped by beta 0.25, country premium for Thailand. The same rate applies in all 26 models.

What is a reverse DCF?

A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For The Erawan Group Public Company Limited that is +20.7 % per year a year over ten years, using the same discount rate (11.6 %) and the same formula as our fair value.

How much growth has The Erawan Group Public Company Limited (ERW) delivered so far?

Over the past 5 years revenue at The Erawan Group Public Company Limited grew +27.9 % a year. The price currently implies +20.7 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.

How fast is the sector of The Erawan Group Public Company Limited (ERW) growing?

The median revenue growth in the sector is +2.6 % a year. That is the yardstick for the growth priced into The Erawan Group Public Company Limited (+20.7 % per year a year): it shows whether the expectation is within the usual range or beyond it.

What is the free cash flow yield of The Erawan Group Public Company Limited (ERW)?

The free-cash-flow yield on the price is 5.32 %: that much free cash flow The Erawan Group Public Company Limited produces per unit of market value. When it exceeds the discount rate of our models (11.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.

What is the intrinsic value of The Erawan Group Public Company Limited (ERW)?

Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For The Erawan Group Public Company Limited it is 4.14 THB per share (as of Sep 24, 2026), against a price of 3.68 THB. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).

Is The Erawan Group Public Company Limited stock overvalued or undervalued in 2026?

As of Sep 24, 2026, ERW trades below its calculated fair value: price 3.68 THB, fair value 4.14 THB, a gap of about +12% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.

Is fair value the same as the market price of ERW?

No. The price is what the market pays today (3.68 THB); the fair value is what the company's own numbers justify (4.14 THB). For The Erawan Group Public Company Limited the two are 0.4560 THB per share apart. That gap is exactly why we show both numbers side by side.

How much is The Erawan Group Public Company Limited worth?

The market values The Erawan Group Public Company Limited at about 18.0B THB (market capitalisation, as of Sep 24, 2026). Per share that is 3.68 THB; our models calculate a fair value of 4.14 THB per share.

What do the bullish and bearish scenarios say about ERW?

Our models span a range for The Erawan Group Public Company Limited: cautious scenario 2.08 THB, base 4.14 THB, optimistic 5.38 THB per share (as of Sep 24, 2026, price 3.68 THB). The range comes from different growth and margin assumptions, not from analyst opinions.

What is the P/E ratio of ERW?

The Erawan Group Public Company Limited trades at a price-to-earnings ratio of 20.4 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 4.14 THB is built from several models across several years. Other multiples: PEG 0.6, P/B 2.0, P/S 2.2, EV/EBITDA 10.1.

What is the PEG ratio of ERW?

The PEG ratio of The Erawan Group Public Company Limited is 0.62 (P/E divided by earnings growth, as of Sep 24, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.

How solid is the balance sheet of The Erawan Group Public Company Limited (ERW)?

Balance-sheet figures for The Erawan Group Public Company Limited (as of Sep 24, 2026): return on equity 9.3%, debt of 0.91 per unit of equity. They feed the Quality Score of 40/100, which measures business quality independently of the share price.

How far is ERW from its 52-week high?

The Erawan Group Public Company Limited trades at 3.68 THB, about 6% below its 52-week high of 3.92 THB and 85% above the low of 1.99 THB (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 4.14 THB is for.

Which stocks are comparable to The Erawan Group Public Company Limited?

From the same area (Consumer Cyclical) we also value Marriott International, Inc, Hilton Worldwide Holdings, InterContinental Hotels Group, Hyatt Hotels Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.

Is The Erawan Group Public Company Limited stock attractive at the current price?

The data as of Sep 24, 2026: price 3.68 THB, calculated fair value 4.14 THB (+12%), Quality Score 40/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.

How is the fair value of ERW calculated?

We run The Erawan Group Public Company Limited through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 4.14 THB, with the spread shown as a cautious and an optimistic scenario.

Is it still worth investing in stocks now?

The global stock market currently sits 14.0 % above its aggregate fair value. The Erawan Group Public Company Limited currently trades 12 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.

What is the share price of The Erawan Group Public Company Limited (ERW)?

The closing price on Sep 24, 2026 was 3.68 THB. Our model-based fair value is 4.14 THB, about +12% upside (undervalued). We carry closing prices from our data provider, not a live tick.

What should I pay attention to with The Erawan Group Public Company Limited right now?

A fairly wide model range (2.08 THB to 5.38 THB) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Where does the earnings growth of The Erawan Group Public Company Limited (ERW) come from?

Earnings per share at The Erawan Group Public Company Limited grew +12.7 % a year from 2015 to 2025. Broken into its drivers: revenue per share +1.5 %, EBIT margin +11.7 %, tax rate +3.8 %, residual (interest, one-offs) −4.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of The Erawan Group Public Company Limited

How large is the market capitalisation of The Erawan Group Public Company Limited (ERW)?

The market capitalisation of The Erawan Group Public Company Limited is 18.0B THB (≈ $538M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.

What is the P/S ratio of The Erawan Group Public Company Limited (ERW)?

The price-to-sales ratio of The Erawan Group Public Company Limited is 2.17 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.

What are the earnings per share of The Erawan Group Public Company Limited (ERW)?

Earnings per share at The Erawan Group Public Company Limited are 0.1800 THB (price ÷ EPS = P/E 20.4). Earnings per share over the last twelve months: total profit spread across every single share.

What is the dividend yield of The Erawan Group Public Company Limited (ERW)?

The dividend yield of The Erawan Group Public Company Limited is 1.9% (payout 38.9%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.

What is the net margin of The Erawan Group Public Company Limited (ERW)?

The net margin of The Erawan Group Public Company Limited is 10.6% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.

What is the return on equity of The Erawan Group Public Company Limited (ERW)?

The return on equity (ROE) of The Erawan Group Public Company Limited is 9.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.

What is the EBIT return on assets of The Erawan Group Public Company Limited (ERW)?

On an EBIT basis the return on assets of The Erawan Group Public Company Limited is 2.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.

What is the operating margin of The Erawan Group Public Company Limited (ERW)?

The operating margin of The Erawan Group Public Company Limited is 24.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.

How fast is revenue growing at The Erawan Group Public Company Limited (ERW)?

Revenue at The Erawan Group Public Company Limited is growing +5.7% versus a year earlier (3y avg +19.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.

How fast are earnings growing at The Erawan Group Public Company Limited (ERW)?

Earnings per share at The Erawan Group Public Company Limited are growing +8.6% versus a year earlier. How much earnings per share grew versus a year earlier.

How much net debt does The Erawan Group Public Company Limited (ERW) carry?

The net debt of The Erawan Group Public Company Limited is 16.5B THB (fiscal year 2025, ≈ 17.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.

Free · no account needed

Watch The Erawan Group Public Company Limited in the live analysis

One click puts The Erawan Group Public Company Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.