Srisawad Corp.'s stock looks fairly priced amid moderate growth cycle, ttb wealth securities' Rawisara Suwanumphai says in a research report. The financial-services provider's earnings outlook is moderate at 7% EPS CAGR over 2026-2028, reflecting slower loan growth and higher credit costs, the analyst says. The brokerage also cuts its 2026-2028 dividend payout ratio assumption for the Thai company to 23% from 45% after Srisawad paid only 23% in 2025. Given a more moderate earnings outlook and lower dividend yield, the company's stock appears fairly priced at 7X 2026 PE. The brokerage cuts the stock's rating to hold from buy and the target price to 23.50 baht from 32.00 baht. Shares last closed at 21.70 baht. (ronnie.harui@wsj.com)
Srisawad Corp.'s Stock Looks Fairly Priced Amid Moderate Growth Cycle — Market Talk
Earlier from Srisawad Corporation Public
- Srisawad Corporation Posts Qtrly Total Revenues Of 4.90 Billion Baht
- Srisawad Corporation Logs FY Interest Income 16,459 Mln Baht
- Srisawad Corporation Logs Qtrly Net Profit 1,405 Mln Baht
- Srisawad Corp Posts Qtrly Profit Attributable 1.27 Billion Baht