Valuation : WHA Utilities and Power

Market Cap 29.07B 877M 756M 709M 647M 1.21B 83.49B 1.22B 8.41B 3.27B 42.38B 3.29B 3.22B 142B P/E 2026 *
20.9x
P/E 2027 * 17x
Enterprise Value 45.15B 1.36B 1.17B 1.1B 1.01B 1.89B 130B 1.9B 13.06B 5.08B 65.82B 5.11B 5B 220B EV / Sales 2026 *
12.1x
EV / Sales 2027 * 10.9x
Free-Float
24.21%
Yield 2026 *
3.36%
Yield 2027 * 3.26%
08-24 Maybank Research Downgrades WHA Utilities and Power to Hold from Buy; Price Target is THB7.50 MT
08-10 WHA Utilities and Power Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026 CI
05-13 WHA Utilities and Power Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
04-23 WHA Utilities and Power Public Company Limited Approves Dividend Payment from 2025, Payable on May 18, 2026 CI
04-20 WHA Utilities and Power executes Power Purchase Agreement of solar farm projects RE
04-20 WHA Utilities and Power Public Company Limited Announces Execution of Power Purchase Agreements for Solar Farm Projects CI
02-26 Kasikorn Securities Downgrades WHA Utilities and Power to Neutral from Outperform; Price Target is THB5.05 MT
02-26 Kasikorn Securities Downgrades WHA Utilities & Power to Neutral From Underperform; Price Target is THB5.05 MT
02-25 WHA Utilities and Power posts FY profit attributable of 1.02 bln baht RE
02-25 WHA Utilities and Power Public Company Limited Proposed Annual Cash Dividend for Operating Period from 01 January 2025 to 31 December 2025, Payment Date Shall Be on May 18, 2026 CI
02-25 WHA Utilities and Power Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2025 CI
12-30 Phillip Securities Starts WHA Utilities and Power at Buy with THB5.60 Price Target MT
11-14 Wha Utilities and Power posts qtrly net profit attributable 486.7 million baht RE
1 week-2.56%
Current month-2.56%
3 months+33.33%
6 months+63.79%
Current year+80.95%
1 week 7.15
Extreme 7.15
7.85
1 month 7.15
Extreme 7.15
8.2
Current year 4.08
Extreme 4.08
8.5
1 year 3.84
Extreme 3.84
8.5
3 years 2.76
Extreme 2.76
8.5
5 years 2.76
Extreme 2.76
8.5
10 years 2.76
Extreme 2.76
8.5
Manager TitleAgeSince
Chief Executive Officer 51 01/01/2026
Director of Finance/CFO 47 -
Investor Relations Contact - -
Director TitleAgeSince
Chairman 59 09/02/2018
Director/Board Member 69 25/03/2015
Director/Board Member 54 01/01/2021
Change 5-day change 1-year change 3-year change Capi.($)
-.--%-2.56%+93.88%+90.95% 879M
-0.05%+2.10%-3.68%-0.93% 27.48B
+6.63%+5.86%+21.07%+42.28% 6.92B
+0.90%+1.21%+87.82%+208.15% 3.98B
-0.28%-1.74%+29.59%-3.63% 2.66B
-2.91%-23.92%-35.77%-7.22% 2.2B
+0.96%+0.96%-0.71%+47.99% 1.93B
+1.15%+0.32% - - 1.74B
-0.57%-3.20%-17.14%+90.16% 1.65B
+1.76%+2.74%+76.21%+93.03% 1.55B
Average +0.76%-1.66%+27.92%+62.31% 5.1B
Weighted average by Cap. +0.91%+0.19%+11.47%+31.19%

Financials

2026 *2027 *
Net sales 3.73B 112M 96.91M 90.91M 83.01M 156M 10.7B 157M 1.08B 419M 5.43B 422M 413M 18.18B 4.24B 128M 110M 103M 94.44M 177M 12.18B 179M 1.23B 477M 6.18B 480M 470M 20.68B
Net income 1.39B 42.07M 36.26M 34.01M 31.05M 58.27M 4B 58.71M 403M 157M 2.03B 158M 155M 6.8B 1.7B 51.17M 44.09M 41.37M 37.77M 70.87M 4.87B 71.41M 491M 191M 2.47B 192M 188M 8.27B
Net Debt 16.08B 485M 418M 392M 358M 672M 46.17B 677M 4.65B 1.81B 23.44B 1.82B 1.78B 78.42B 17.31B 522M 450M 422M 386M 723M 49.72B 729M 5.01B 1.95B 25.24B 1.96B 1.92B 84.44B
Logo WHA Utilities and Power
WHA Utilities and Power Public Company Limited is a Thailand-based company, which is engaged in utility business and power business. The Company's utility business includes distributing raw water, producing and distributing industrial water and providing wastewater treatment services to operators in industrial estates and industrial land both domestically and internationally, as well as producing and supplying tap water in overseas markets. Its power business includes investment in power generation business, both domestically and abroad. It offers raw water as an alternative of water consumption for industrial operators. Its industrial water product categories include process water, clarified water, premium clarified water, and demineralized water. It conducts power business itself or by holding equity in other power generating and distribution companies, both domestically and abroad. It operates a solar power business. It has also invested in the natural gas distribution business.
Employees
69
Date Price Change Volume
31/08/26 THB 7.600 -.--% 7,596,841
28/08/26 THB 7.600 -1.94% 7,022,549
27/08/26 THB 7.750 +1.97% 19,364,790
26/08/26 THB 7.600 +4.11% 18,693,032
25/08/26 THB 7.300 -3.31% 28,796,396
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
7.600THB
Average target price
8.361THB
Spread / Average Target
+10.01%

Quarterly revenue - Rate of surprise

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