ELECTRICITY GENERATING sees an upgrade to Slightly Positive due to a better fundamental star rating
The general evaluation of ELECTRICITY GENERATING (TH), a company active in the Conventional Electricity industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date February 11, 2022, the closing price was THB 176.50 and its potential was estimated at THB 186.61.Electricity Generating Public Co. is principally engaged in the generation of electricity for sale to the government sector and industrial users. As of Dec 31 2014, Co. had two reportable segments which are comprised of electricity generation and other businesses. Co.'s electricity generation segment is to operate electricity for sales to the government and industrial users both in Thailand and overseas. Co.'s other businesses include tap water generation for sales to the government in Thailand, including maintenance and operating services for power plants and coal mining business.
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