Obermatt

Flags

Earnings warning

SC Asset

SET:SC · TH0747A10Z01
Real Estate Management & DevelopmentMedium

360

69
EV / EBIT41
Price / Owner Earnings64
Owner Earnings Yield53
Dividend Yield99
Price/Sales96
EV / Gross Profit59
Price/Book73
Return on Capital61
Cash Return on Capital55
Return on Equity65
EBIT Margin43
Gross Profitability69
Cash Conversion73
Accruals62
Owner Earnings Margin43
Sales growth70
Profit Growth26
Long-Term EPS Growth51
Owner Earnings Growth49
Reinvestment30
Price momentum75
Debt load20
Refinancing85
Debt Payback31
Liquidity22
Analyst ratings81
Opinion Changes50
Price Target Upside55
Market mood80
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

SC Asset clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryThailand
IndustryReal Estate Management & Development
SizeMedium
TypePublic Company
ExchangeSET
Founded2003
Employees195
ISINTH0747A10Z01
Last UpdateApr 2, 2026
Themes
Real Estate TechnologyReal EstateRentalSales

Description

SC Asset Corporation Public Company Limited engages in the real estate development business. Business Segments The company operates through three segments: Real Estate Sales, Rental and Rendering of Services, and Consulting and Management Services.…

Analysis

Middle-of-the-road

SC Asset Corporation Public Company Limited sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is attractive. The owner-earnings multiple stands at 4.9×; owner earnings: the cash an owner could take out each year.

Growth is moderate; the safety picture is stretched. The company scores 12/20 on our value-creation score: creating some value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
77
2023202420252026

All-time high

87

Jan 2023

All-time low

48

Mar 2026

Average rank

74

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
96
96
95
93
Price/Earnings
75
82
89
81
Price/Book
73
88
85
79
Dividend Yield
99
86
96
89
Value (overall)
100
95
98
95

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →