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SAAMM.BK — SET (Bangkok) Electric Utilities

Saam Development PCL

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Mcap
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P/E
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EV / Rev
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Div yield
1,05 %
Op margin
41,5 %
ROE
1,2 %
Net margin
27,2 %
Debt / equity
0,14
Beta
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52w range
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Volume
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Day range
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About

Saam Development PCL is a Thai electric utility company that generates revenue primarily through the production and distribution of electricity.

Business. Saam Development PCL (SAAMM.BK) is an electric utilities company headquartered in Thailand. The firm operates within the utilities sector, providing electricity services to its customers. It is primarily listed on the Stock Exchange of Thailand (SET). Specific details regarding operating segments or geographic revenue breakdowns are not available.

Classification92 %
SectorUtilities
IndustryElectric Utilities
ActivityUtilities
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
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not yet scored
Valuation
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valuation pending
Analysts
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not yet wired
Ownership
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not yet wired
Profitability→
1,2 %
return on equity
Quality
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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 SAAMM.

    • 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 SAAMM.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

    Saam Development PCL (SAAMM.BK) is an electric utilities company headquartered in Thailand. The firm operates within the utilities sector, providing electricity services to its customers. It is primarily listed on the Stock Exchange of Thailand (SET). Specific details regarding operating segments or geographic revenue breakdowns are not available.

    Classification92 %
    SectorUtilities
    IndustryElectric Utilities
    ActivityUtilities
    AI synthesis
    GENERATED

    Saam Development maintains a strong liquidity position with a current ratio of 5.02, indicating a robust ability to meet short-term obligations. The company holds THB 12,361,800.0 in cash and equivalents, which is a significant portion of its total assets of THB 501,937,000.0. This liquidity is supported by a low debt-to-equity ratio of 0.14, suggesting minimal leverage and a conservative capital structure.

    Profitability metrics show a return on equity (ROE) of 1.19% and a return on assets (ROA) of 0.98%, which are below the industry median for Electric Utilities. The company's net income of THB 4,910,000.0 is derived from a revenue base of THB 18,066,000.0, with a net margin of 27.18%. These figures suggest that while the company is profitable, it is not outperforming its peers in terms of capital efficiency or margin generation.

    Geographically, Saam Development's revenue is concentrated in Thailand, with no disclosed international operations. The company operates in a single business segment, which is typical for electric utilities but limits diversification. There are no disclosed revenue concentrations by product or customer, but the single-segment model increases exposure to local regulatory and economic conditions.

    Looking ahead, the company's revenue is expected to grow, though specific growth rates are not provided. Historical revenue data shows a stable performance, and the company's capital expenditure of THB -2,666,000.0 indicates ongoing investment in infrastructure. The company's outlook is supported by its strong liquidity and low debt levels, which provide flexibility for future growth initiatives.

    Risk factors for Saam Development include regulatory changes and potential shifts in energy demand. The company has a low risk of dilution, with no immediate filing-based flags detected. The low dilution risk is supported by the absence of recent share issuance or shelf registration activity. However, the company's exposure to the Thai energy market means it is vulnerable to local economic and political developments.

    Recent filings and transcripts do not indicate any material events that would significantly impact the company's operations or financial position. The company's financial statements show consistent performance, and there are no disclosed legal or regulatory issues that would affect its operations.

    Key takeaways
    • Saam Development has a strong liquidity position with a current ratio of 5.02 and THB 12,361,800.0 in cash and equivalents.
    • The company's profitability metrics (ROE of 1.19% and ROA of 0.98%) are below the industry median for Electric Utilities.
    • The company operates in a single segment and is geographically concentrated in Thailand, increasing exposure to local conditions.
    • Low debt-to-equity ratio of 0.14 and no immediate dilution flags suggest a conservative capital structure and low financial risk.
    • The company's capital expenditure of THB -2,666,000.0 indicates ongoing investment in infrastructure, supporting future growth.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 3

    Debt-to-equity ratio of 0.14 is well below the 0.76 cohort median, suggesting a conservative and stable capital structure.

    Cash conversion ratio of 2.73 outperforms the 1.65 cohort median, highlighting robust cash generation capabilities.

    Low dilution, liquidity, and credit risk flags indicate a stable financial profile with minimal immediate structural threats.

    BEAR CASE · 1

    Revenue CAGR of -0.2% over four years indicates stagnant top-line growth compared to broader market expectations.

    In focus — financials by report

    Valuation FY

    Market price
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    Market cap
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    Enterprise valueⓘ
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    P/Eⓘ
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    Non-GAAP P/Eⓘ
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    EV / Revenueⓘ
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    EV / Op incomeⓘ
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    EV / OCFⓘ
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    P / Bⓘ
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    P / Tangible bookⓘ
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    Tangible book
    $413.9M
    Net cashⓘ
    $65.7M
    Current ratioⓘ
    5.0
    Debt / equityⓘ
    0.1
    ROAⓘ
    1.0%
    ROEⓘ
    1.2%
    Cash conversionⓘ
    273.0%
    CapEx / revenueⓘ
    -14.8%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

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    Business relationships

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    Supply chain

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    Peer comparison

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    Market position

    Stress test

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    Predictor forecast

    Options

    — missing data

    Short squeeze

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    Earnings-call key lines

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    Estimate revisions

    consensus EPS · 26-week trend
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    Sell-side observations

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    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin41,5 %Best in class
    Net Margin27,2 %Best in class
    ROE1,2 %Below median
    Capex / Rev-14,8 %Below median
    D/E0,14Above median
    Cash Conv2,73Above median

    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
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Saam Development PCL Market data — financials · 2026-05-29

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

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

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.
    Relationship graph
    SAAMMDUKNEESOElectric Utili
    This companyPeerSector

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    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