Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

A full service Thai brokerage

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

Equity Bottom-Up

<ul><li>KTX maintains our Neutral rating. Our valuation metrics show neutral views in terms of the fundamentals and tactical perspectives.</li><li>However, the long-term earnings growth should remain strong.</li><li>We assess the fair value at Bt18.56, based on the earnings yield and a required return of 3.31%.</li></ul>

KTX maintains our Neutral rating. Our valuation metrics show neutral views in terms of the fundamentals and tactical perspectives.However, the long-term earnings growth should remain strong.We assess the fair value at Bt18.56, based on the earnings yield and a required return of 3.31%.

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