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>The valuation metrics suggest that the stock is attractive in terms of the fundamentals.</li><li>The current share price presents 16% upside from the fair value of Bt11.56, based on the earnings yield method with a required return of 2.5%.</li><li>Technically, the tactical view remains neutral, as the stock price has fallen by 18% YTD, likely reflecting the negative same-store sales growth (SSSG) over the past three consecutive quarters.</li></ul>

The valuation metrics suggest that the stock is attractive in terms of the fundamentals.The current share price presents 16% upside from the fair value of Bt11.56, based on the earnings yield method with a required return of 2.5%.Technically, the tactical view remains neutral, as the stock price has fallen by 18% YTD, likely reflecting the negative same-store sales growth (SSSG) over the past three consecutive quarters.

Dohome - 4Q24E Earnings to Recover QoQ; 2-Year Earnings to Grow Notably

Dohome PCL

Dohome - 4Q24E Earnings to Recover QoQ; 2-Year Earnings to Grow Notably