Relative valuation of global power synergy public company limited.

Abstract

This thematic paper demonstrated how to value the stock price of The Global Power Synergy Public Company Limited (GPSC) which applied the concept of the relative valuation model. I applied relative valuation method to express the value of the company’s stock comparing a company’s value to that of its competitors or industry peers to assess the firm’s financial worth. the study can still provide guidance regarding intrinsic valuation for investors and interested person in power plant business. As a result the GPSC target price from relative valuation method with one-year target price is 46.06 THB, comparing to the current price of 55.25 THB, therefore we recommend HOLD.