Absolute Clean Energy

SET:ACE · TH8906010005

Independent Power and Renewable Electricity ProducersSmall

360

Medium confidence — indicative

Value52

Profit price50

EV / EBIT82

Price / Owner Earnings17

Cash yield35

Owner Earnings Yield68

Dividend Yield1

Sales & asset price62

Price/Sales49

EV / Gross Profit70

Price/Book67

Quality58

Returns on capital68

Return on Capital75

Cash Return on Capital58

Return on Equity71

Profit margins59

EBIT Margin61

Gross Profitability57

Cash backing51

Cash Conversion38

Accruals52

Owner Earnings Margin62

Growth42

Sales growth54

Profit growth68

Profit Growth87

Long-Term EPS Growth48

Reinvestment47

Price momentum27

Safety74

Debt load71

Debt serviceability55

Refinancing70

Debt Payback39

Liquidity80

Sentiment44

Analyst ratings12

Expectations trend50

Market mood53

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

Absolute Clean Energy 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

SizeSmall

TypePublic Company

ExchangeSET

Founded2015

Employees67

Websiteace-energy.co.th/en

ISINTH8906010005

Last UpdateApr 2, 2026

Indices

SET (Thailand)

Themes

Clean EnergyAnaerobic DigestionUtility Scale SolarBiomass Energy

Description

Absolute Clean Energy Public Company Limited generates and sells electricity and steam. Business Segments The company operates through Biomass Power Plants, Solid Waste Power Plants, Natural Gas Power Plants, and Solar Energy Power Plants segments.…

Analysis

Middle-of-the-road

Absolute Clean Energy 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 expensive. You pay 27.2× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone.

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

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250

2026

All-time high

Jun 2026

All-time low

Mar 2026

Average rank

across all years

Detailed & Historical Ranks

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

Current202520242023

Price/Sales

—

Price/Earnings

—

Price/Book

—

Dividend Yield

—

Value (overall)

—

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 →