Obermatt

Global Power Synergy

SET:GPSC · TH6488010005
Independent Power and Renewable Electricity ProducersLarge

360

77
EV / EBIT33
Price / Owner Earnings47
Owner Earnings Yield92
Dividend Yield57
Price/Sales56
EV / Gross Profit28
Price/Book49
Return on Capital49
Cash Return on Capital88
Return on Equity67
EBIT Margin35
Gross Profitability23
Cash Conversion52
Accruals83
Owner Earnings Margin78
Sales growth11
Profit Growth38
Long-Term EPS Growth18
Owner Earnings Growth79
Reinvestment81
Price momentum71
Debt load50
Refinancing59
Debt Payback78
Liquidity48
Analyst ratings44
Opinion Changes50
Price Target Upside54
Market mood31
Value Creation8/20creating 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

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

Profile

CountryThailand
IndustryIndependent Power and Renewable Electricity Producers
SizeLarge
TypePublic Company
ExchangeSET
Founded2014
Employees247
ISINTH6488010005
Last UpdateApr 2, 2026
Themes
Energy EfficiencyEnergy ManagementOnshore and Offshore WindAnaerobic DigestionPower GridUtility Scale SolarClean EnergyEnergyIndustrialIndustrial EngineeringManufacturing

Description

Global Power Synergy Public Company Limited (Global Power Synergy), an energy company, focuses on the generation and supply of electricity through its subsidiaries and investments in various power generation projects. The company operates in the ener…

Analysis

Middle-of-the-road

Global Power Synergy Public Company Limited is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

The price is attractive. You pay 7.9× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -6% yearly growth; analysts expect -55%. The market is pricing in far more than analysts expect: heroic expectations.

The trajectory is moderate and the balance sheet is sturdy. The company scores 8/20 on our value-creation score: creating some value.

What to watch: The financial cushion is thinner than comfortable. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
18
2023202420252026

All-time high

59

May 2024

All-time low

12

Jan 2024

Average rank

32

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
56
68
50
19
Price/Earnings
16
27
14
13
Price/Book
49
90
60
22
Dividend Yield
57
37
48
47
Value (overall)
35
58
43
39

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 →