Valuation: Siam Wellness Group

Market Cap 4.13B 125M 108M 101M 92.83M 175M 11.92B 177M 1.19B 466M 5.98B 470M 460M 19.76B P/E 2026 *
19.2x
P/E 2027 * 16.9x
Enterprise Value 4.79B 145M 126M 117M 108M 203M 13.84B 206M 1.38B 541M 6.94B 546M 534M 22.93B EV / Sales 2026 *
2.74x
EV / Sales 2027 * 2.29x
Free-Float
35.88%
Yield 2026 *
2.8%
Yield 2027 * 2.95%
05-15 Siam Wellness Group Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
03-12 DBS Bank Upgrades Siam Wellness Group to Buy from Hold; Price Target is THB4.20 MT
02-25 Siam Wellness Group posts FY profit attributable of 188.7 mln baht RE
02-25 Siam Wellness Group Public Company Limited Proposes Cash Dividend for the operating period from January 1, 2025 to December 31, 2025, Payable on May 7, 2026 CI
02-25 Siam Wellness Group Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2025 CI
01-14 Siam Wellness Group Public Company Limited to Open Massage and Spa Services CI
12-23 KGI Securities Upgrades Siam Wellness Group to Outperform from Underperform; Price Target is THB3.50 MT
11-14 Siam Wellness Group Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
25/09/25 Siam Wellness Resort Co., Ltd. Completes Registration of Long-Term Leasehold Rights over Land and Building with Siam Wellness Group Public Company Limited CI
22/09/25 Siam Wellness Group Public Company Limited(SET:SPA) dropped from S&P Global BMI Index CI
16/09/25 Siam Wellness Group Public Company Limited acquired Sunset Park Resort & Spa. CI
08/08/25 Siam Wellness Group Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2025 CI
15/05/25 Siam Wellness Group Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2025 CI
1 week-2.42%
Current month-2.42%
3 months+3.21%
6 months-1.83%
Current year+4.55%
1 week 3.2
Extreme 3.2
3.38
1 month 3.12
Extreme 3.12
3.44
Current year 2.88
Extreme 2.88
4.08
1 year 2.6
Extreme 2.6
4.08
3 years 2.6
Extreme 2.6
9.87
5 years 2.6
Extreme 2.6
9.87
10 years 2.6
Extreme 2.6
9.96
Manager TitleAgeSince
Chief Executive Officer 62 -
Director of Finance/CFO 44 08/05/2014
Chief Tech/Sci/R&D Officer - -
Director TitleAgeSince
Chairman 62 -
Director/Board Member 63 28/11/2001
Director/Board Member 63 28/11/2001
Date Insider Type Main position Quantity % Market Cap.
30/12/25 Others

Chairman

2,000,000 0.1559%
30/12/25 Others

Director

5,000,000 0.3899%
30/12/25 Others

Director

5,000,000 0.3899%
Change 5-day change 1-year change 3-year change Capi.($)
0.00%-2.42%-12.02%-59.75% 125M
+4.61%+1.66%+871.03%+1,970.59% 1.47B
+0.63%+2.17%-28.89%-0.82% 611M
0.00%+6.90%-22.95%+1,434.65% 300M
-0.35%+4.81%-13.72%-66.86% 227M
0.00%+2.91% - - 223M
-0.07%+1.17%+42.28%+22.07% 125M
+1.24%+1.01%+2.20%-16.69% 112M
-2.34%+2.68%+44.77%+17.15% 70.25M
+8.54%+25.35%-32.58%-89.63% 67.23M
Average +1.23%+4.45%+94.46%+356.74% 332.95M
Weighted average by Cap. +2.29%+2.76%+404.83%+1,062.18%

Financials

2026 *2027 *
Net sales 1.75B 53.08M 45.91M 42.87M 39.33M 73.98M 5.05B 75.15M 503M 197M 2.53B 199M 195M 8.37B 1.94B 58.71M 50.78M 47.42M 43.5M 81.83M 5.59B 83.13M 556M 218M 2.8B 220M 216M 9.26B
Net income 219M 6.63M 5.73M 5.36M 4.91M 9.24M 631M 9.39M 62.83M 24.66M 316M 24.89M 24.35M 1.05B 247M 7.5M 6.49M 6.06M 5.56M 10.46M 714M 10.62M 71.1M 27.91M 358M 28.17M 27.55M 1.18B
Net Debt 663M 20.11M 17.4M 16.25M 14.9M 28.03M 1.91B 28.48M 191M 74.81M 959M 75.53M 73.87M 3.17B 306M 9.27M 8.02M 7.49M 6.87M 12.92M 882M 13.12M 87.83M 34.47M 442M 34.8M 34.04M 1.46B
Logo Siam Wellness Group
Siam Wellness Group Public Company Limited is a Thailand-based company, which is principally engaged in the spa services business. The Company's segments include Spa services, Sales of spa products and healthy products, and Hotel and restaurant. Spa services segment operates day spa and destination spa. It also provides spa management and spa consultancy services. Sales of spa products and healthy products segment distributes natural spa products and spa equipment for domestic and international markets. Hotel and restaurant segment operates boutique resort and restaurant. Its health spa business service is divided into five brands: RarinJinda Wellness Spa, Let’s Relax, Baan Suan Massage, Stretch me by Let’s Relax and Dr. Spiller Pure Skin Care Solutions. It operates a boutique hotel resort under the name of RarinJinda Wellness Spa Resort. It operates a restaurant under the name of Deck One and cafe ORB in Chiangmai province, Pattaya, Chonburi province and Samut Prakan province.
Employees
-
Date Price Change Volume
07/08/26 THB 3.220 0.00% 1,459,339
06/08/26 THB 3.220 -1.83% 793,828
05/08/26 THB 3.280 -1.20% 1,851,305
04/08/26 THB 3.320 -1.19% 2,134,609
03/08/26 THB 3.360 +1.82% 2,038,617
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
3.220THB
Average target price
4.050THB
Spread / Average Target
+25.78%

Quarterly revenue - Rate of surprise