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Siamgas and Petrochemicals Public Company (SGP) Fair Value & Analysis

Energy · TH · Market cap 16.1B THB

SA Siamgas and Petrochemicals Public Company SGP · BK
Price8.05 THB
Fair Value5.13 THB
Upside-36.3%
Quality94/100
Evidence: High Range 3.08 THB – 5.13 THB

Fair value as of: Jun 24, 2026

From 24 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from 5.38 THB to 5.13 THB (−4.6%) since Jun 23, 2026. Share price −12.6% over the past month.

Price vs Fair Value (12 months)

9.26 THB 6.21 THB Fair Value 5.13 THB Jun 2025 Jun 2026

12‑month range 6.21 THB – 9.26 THB · fair‑value band 3.08 THB – 5.13 THB · the 8.05 THB price screens above the 5.13 THB fair value. As of Jun 24, 2026.

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Analysis

Siamgas and Petrochemicals Public Company (SGP) currently trades at 8.05 THB, while our model-based Fair Value estimate is 5.13 THB — implying the stock looks roughly 36.3% overvalued today. We read business quality at 94/100 (high quality), in the Energy sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Siamgas and Petrochemicals Public Company generated revenue of 77.2B THB at a net margin of 1.8%. Revenue grew 17.8% year over year. It earns a return on equity of 8.3%. Net debt stands at 19.9B THB. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 77.2B THB
Revenue growth (YoY) +17.8%
Net margin 1.8%
Return on equity 8.3%
Free cash flow 4.7B THB FY2025
P/E ratio 11.5
More key figures
Operating margin 8.6%
EPS (TTM) 0.7600 THB
Dividend yield 2.3%
EPS growth (YoY) +1,090%
Net debt 19.9B THB FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Siamgas and Petrochemicals Public Company Limited, together with its subsidiaries, trades in petroleum and petrochemical products in Thailand and internationally. It operates through Petroleum and Petrochemical Products, Transportation Services, and Other segments. The company is involved in trading of petroleum for household cooking, industry, and transportation businesses; and distribution of petrochemical products. It also offers transportation services by land and ship; manufactures and distributes LPG cylinders; and oil depots and port services, as well as warehousing and storage services. The company was formerly known as VSPP Development Company Limited and changed its name to Siamgas and Petrochemicals Public Company Limited. Siamgas and Petrochemicals Public Company Limited was founded in 2001 and is headquartered in Bangkok, Thailand.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Siamgas and Petrochemicals Public Company reported revenue of 73.7B THB in FY2025 versus 78.6B THB in FY2021, a compound −1.6%/yr. Reported net income was 8.5M THB in FY2025, compounding −78.3%/yr from FY2021.

Revenue −1.6%/yr
FY21 78.6B THB
FY22 102B THB
FY23 90.6B THB
FY24 84.2B THB
FY25 73.7B THB
Net income −78.3%/yr
FY21 3.8B THB
FY22 1.1B THB
FY23 1.0B THB
FY24 1.3B THB
FY25 8.5M THB

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Frequently asked questions

Is Siamgas and Petrochemicals Public Company (SGP) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 5.13 THB versus a price of 8.05 THB — about −36% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SGP?
Our 21-model fair value for Siamgas and Petrochemicals Public Company is 5.13 THB (as of Jun 24, 2026), built from audited fundamentals. The current price is 8.05 THB.
What is the quality score of SGP?
Siamgas and Petrochemicals Public Company has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Siamgas and Petrochemicals Public Company (SGP)?
Siamgas and Petrochemicals Public Company reported trailing-twelve-month revenue of about 77.2B THB (latest available figure, as of Jun 24, 2026).
What is the net profit margin of SGP?
The net profit margin of Siamgas and Petrochemicals Public Company is about 1.8%, meaning it keeps roughly 1.8% of revenue as net income. Based on the latest reported figures.
Does Siamgas and Petrochemicals Public Company pay a dividend?
Siamgas and Petrochemicals Public Company currently shows a dividend yield of about 2.25% relative to its recent price (as of Jun 24, 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.