bearish
ERW: Expect to Return to Pre-COVID Levels in 2023
We maintain SELL rating with a new target price of Bt2.46 (-5% from previous target price) based on DCF method (WACC of 7% and terminal growth of 2%), implying 35.5xPE’23 due to less possibility
SUMMARY
(Sign Up to Access)Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 3-minute read)
Discussions
(Paid Plans Only)
Pi Securities PCL, Thailand
Leading, full-service investment firm in Thailand
Price Chart(Sign Up to Access)
- ERW: Spike in International Tourists Will Speed up the Recovery06 May 2022
- ERW: Expect Continued Losses in 202224 Feb 2022
- ERW: The Seventh Consecutive Quarter Loss in 3Q2116 Nov 2021
- ERW: The Fifth Consecutive Quarterly Loss in 2Q2117 Aug 2021
- ERW: High Fixed Costs Pressured 1Q21 Earnings17 May 2021
- ERW: Improved Performance QoQ in 4Q20 Earnings01 Mar 2021
x