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DEMCO.BK — SET (Bangkok) Electric Utilities

Demco PCL

$2,38
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Mcap
1,8B THB
P/E
—
EV / Rev
—
Div yield
0,00 %
Op margin
4,1 %
ROE
0,4 %
Net margin
0,6 %
Debt / equity
0,32
Beta
—
52w range
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Volume
—
Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

Demco PCL operates in the electric utilities sector, generating revenue primarily through the production and distribution of electricity.

Business. Demco PCL (DEMCO.BK) is an electric utility company headquartered in Thailand, operating within the Utilities sector. The firm is primarily listed on the Stock Exchange of Thailand (SET). As specific segment and geographic breakdowns are not provided, the company is described at the industry level as an electric utility provider.

Classification92 %
SectorUtilities
IndustryElectric Utilities
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
0,4 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning DEMCO.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities · THIS SECTOR−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to DEMCO.BK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Peers
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · Duke Energy (DUK)
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · NextEra Energy (NEE)
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · Southern Company (SO)
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Demco PCL (DEMCO.BK) is an electric utility company headquartered in Thailand, operating within the Utilities sector. The firm is primarily listed on the Stock Exchange of Thailand (SET). As specific segment and geographic breakdowns are not provided, the company is described at the industry level as an electric utility provider.

    Classification92 %
    SectorUtilities
    IndustryElectric Utilities
    AI synthesis
    GENERATED

    Demco PCL's capital structure is characterized by a debt-to-equity ratio of 0.32, indicating a relatively conservative leverage position. The company's liquidity is assessed as medium, with a current ratio of 0.75, suggesting potential short-term liquidity constraints. The price-to-book ratio of 0.58 implies that the company's market value is below its book value, which may reflect market skepticism about its future earnings potential.

    In terms of profitability, Demco PCL's return on equity (ROE) is 0.0035, and its return on assets (ROA) is 0.0021, both of which are significantly below the typical thresholds for healthy performance in the electric utilities sector. The company's operating margin is 0.0411, and its net margin is 0.0006, indicating that it is struggling to convert revenue into profit effectively.

    Geographically and segment-wise, the company's revenue is concentrated in a single segment, as no additional segments are disclosed. The lack of diversification increases exposure to regional or sector-specific risks. The company's revenue is primarily derived from its operations in Thailand, with no significant international presence reported.

    The company's growth trajectory appears to be modest, with no specific numeric deltas provided for the current or next fiscal year. However, the company's free cash flow of 29,133,000 THB suggests some capacity for reinvestment or debt reduction. The capital expenditure of -38,317,000 THB indicates that the company is investing in its infrastructure, which could support future growth.

    Risk factors for Demco PCL include medium liquidity risk, as highlighted by the negative net cash position after subtracting total debt. The company's dilution risk is assessed as low, with no significant dilution potential identified. The risk assessment also notes that the company's liquidity position could be a concern if cash flow from operations does not improve.

    Recent events and filings do not provide specific details, but the company's financial statements indicate a need for improved operational efficiency and stronger cash flow generation. The company's operating cash flow is negative, which could signal underlying operational challenges that need to be addressed.

    Key takeaways
    • Demco PCL has a conservative debt-to-equity ratio of 0.32, indicating a relatively stable capital structure.
    • The company's ROE and ROA are below typical thresholds, suggesting poor profitability.
    • The company's liquidity is assessed as medium, with a current ratio of 0.75, indicating potential short-term liquidity constraints.
    • Free cash flow of 29,133,000 THB provides some capacity for reinvestment or debt reduction.
    • The company's operating cash flow is negative, signaling potential operational inefficiencies.
    • The company's dilution risk is low, with no significant dilution potential identified.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $2,38
    Market cap
    $2.10B
    Enterprise valueⓘ
    $3.24B
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    0.6x
    P / Tangible bookⓘ
    0.6x
    Tangible book
    $3.61B
    Net cashⓘ
    -$1.14B
    Current ratioⓘ
    0.8
    Debt / equityⓘ
    0.3
    ROAⓘ
    0.2%
    ROEⓘ
    0.4%
    Cash conversionⓘ
    -57.0%
    CapEx / revenueⓘ
    -1.8%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin4,1 %Below median
    Net Margin0,6 %Bottom quartile
    ROE0,4 %Bottom quartile
    Capex / Rev-1,8 %Above P75
    D/E0,32Above median
    Cash Conv-0,57Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • Demco PCL Market data — financials · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    DEMCO.BKCanonical
    SET (Bangkok) · THB

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.
    Relationship graph
    DEMCODUKNEESOElectric Utili
    This companyPeerSector

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage