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Sakol Energy Public Company (SKE) Fair Value & Analysis

Utilities · TH · Market cap 201M THB

SE Sakol Energy Public Company SKE · BK
Price0.1800 THB
Fair Value0.3500 THB
Upside+94.4%
Quality39/100
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Weak Growth
Loss-making · -68.4% net margin
Moderate debt · generates free cash flow
Trails peers (4/11)
Narrow moat 6/100
Evidence: Low Range 0.2600 THB – 0.5300 THB Share as image

Fair value as of: Jul 19, 2026

From 1 valuation models · updated 21 days ago

Below-average quality, screening 94% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (39/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (0.2600 THB). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (0.2600 THB to 0.5300 THB) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

1.18 THB 0.1300 THB Fair Value 0.3500 THB Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range 0.1300 THB – 1.18 THB · fair‑value band 0.2600 THB – 0.5300 THB · the 0.1800 THB price screens below the 0.3500 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

Full chart & analysis →

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Analysis

Sakol Energy Public Company (SKE) currently trades at 0.1800 THB, while our model-based Fair Value estimate is 0.3500 THB, implying the stock looks roughly 94.4% undervalued today. The Quality Score stands at 39/100 (below-average quality), in the Utilities 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: low), always confirm before acting.

Over the trailing twelve months, Sakol Energy Public Company generated revenue of 366M THB at a net margin of -68.4%. Revenue declined 17.9% year over year. It earns a return on equity of -25.4%. Net debt stands at 706M THB. Fundamentals as of Jul 19, 2026

Our scenario range runs from 0.2600 THB (bear case) to 0.5300 THB (bull case); at 0.1800 THB, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 28% below its 52-week high and 38% above its 52-week low, currently above its 200-day average. For context, the median of 10 Utilities peers we cover trades at -48% fair-value upside, at 94%, SKE screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
NCAV (Graham) 0.2600 THB 0.3500 THB 0.5300 THB 50
All 1 models by family
Asset-Based
NCAV (Graham) 0.2600 THB 0.3500 THB 0.5300 THB 50

Key figures & financial health

Revenue (TTM) 366M THB
Revenue growth (YoY) -17.9%
Net margin -68.4%
Return on equity -25.4%
Free cash flow 14.0M THB FY2025
Operating margin -9.1%
More key figures
EPS (TTM) -0.1700 THB
EPS growth (YoY) +21.5%
Net debt 706M THB FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 39/100

Of which business quality 38 · Market factors (momentum, volatility) 41

Profitability 2
Margins and returns on capital today
Quality Growth 9
Are margins and returns improving?
Cashflow 42
Earnings quality: real cash, not paper profit
Fin. Strength 29
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 41
Price trend over the last 3–12 months (market factor)
52W Momentum 30
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Sakol Energy Public Company Limited operates in the energy industry in Thailand. The company generates and supplies electricity from biomass using bark, wood chips, and agricultural residues, such as corn husks; waste and nonhazardous materials management; develops trading software; and rents properties.

Full company description

Sakol Energy Public Company Limited operates in the energy industry in Thailand. The company generates and supplies electricity from biomass using bark, wood chips, and agricultural residues, such as corn husks; waste and nonhazardous materials management; develops trading software; and rents properties. The company was incorporated in 2009 and is headquartered in Pathum Thani, Thailand.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sakol Energy Public Company reported revenue of 373M THB in FY2025 versus 481M THB in FY2021, a compound −6.2%/yr. Reported net income was −263M THB in FY2025.

Growth Quality 18/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
373M THB
Latest YoY
−27.7%
Avg. growth/yr (3Y)
−8.1%
Avg. growth/yr (5Y)
−6.8%
Avg. growth/yr (11Y)
+2.8%
Revenue −6.2%/yr
FY21 481M THB
FY22 480M THB
FY23 546M THB
FY24 516M THB
FY25 373M THB
Net income
FY21 26.7M THB
FY22 1.7M THB
FY23 −117M THB
FY24 −38.6M THB
FY25 −263M THB

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Cite: Fair Value Calculator (2026). "Sakol Energy Public Company Fair Value". https://www.fairvalue-calculator.com/stock/SKE

Peer Group

Utilities - Diversified · 51 stocks

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.

Quality Score 39 · Below median
Fair Value upside +94% · Top 25%
Return on assets -4% · Bottom 25%
Net margin (TTM) -68% · Bottom 25%
Operating margin (TTM) -9% · Bottom 25%
Revenue growth -18% · Bottom 25%
Debt / equity 0.53× · Lower than 75% of peers

Valuation Multiples vs Utilities - Diversified median · lower = cheaper

P/S (TTM) 0.02× · Cheaper than 75% of peers
P/FCF 0.4× · Cheaper than 75% of peers
EV/EBITDA 70.0× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 14
FUTURE 0 · sector 0
PAST 0 · sector 33
HEALTH 73 · sector 49
DIVIDEND 0 · sector 80

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Utilities - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Iberdrola, S.A IBE €21.25 €9.34 -56%
Enel SpA ENEL €10.28 €5.83 -43%
Engie SA 1ENGI €26.59 €17.39 -35%
Sempra SRE $93.15 $47.77 -49%
E.ON SE EOAN €19.34 €11.71 -39%
RWE Aktiengesellschaft generates and 1RWE €56.52 €29.64 -48%
ACWA Power Company 2082 198.20 SAR 25.38 SAR -87%
Brookfield Infrastructure Partners L.P. BIPUN C$55.05 C$17.66 -68%
EnBW Energie Baden-Württemberg AG EBK €69.00 €21.11 -69%
EDP, S.A EDP €4.41 €3.81 -14%

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Frequently asked questions

Is Sakol Energy Public Company (SKE) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of 0.3500 THB versus a price of 0.1800 THB, about +94% (undervalued).
What is the fair value of SKE?
Our model-based fair value for Sakol Energy Public Company is 0.3500 THB (as of Jul 19, 2026), built from audited fundamentals. The current price is 0.1800 THB.
What is the quality score of SKE?
Sakol Energy Public Company has a Quality Score of 39/100. 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 revenue of Sakol Energy Public Company (SKE)?
Sakol Energy Public Company reported trailing-twelve-month revenue of about 366M THB (latest available figure, as of Jul 19, 2026).
What is the net profit margin of SKE?
The net profit margin of Sakol Energy Public Company is about -68.4%, meaning it is currently running at a net loss. Based on the latest reported figures.

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.

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