Gulf Energy Development PCL (GULF.BK) Stock Price

Gulf Energy Development PCL Price

SET·CLOSED
65.75THB+0.75 (+1.15 %)
Market closed

Revenue has compounded at 55.4% per year over the past 11 years to 98.89 B THB. Earnings per share have grown at 72.9% per year over the last 9 years. Gulf Energy Development PCL's net margin stands at 80.9%, up from 16.2% several years earlier. Gulf Energy Development PCL currently offers a dividend yield of about 1.54%. The payout ratio is around 19% of earnings. The dividend has grown at 14.1% per year over the past 7 years. Analysts set a median price target of 61.71 THB, implying 6.1% below the current price. Of 20 analysts, 19 rate the stock a buy — an overall Buy consensus. The stock trades about 21% above its 52-week low.

Gulf Energy Development PCL stock price

Volume
Ex-Dividend
Details

Stock Price

ⓘ

How to Read This Chart

This chart tracks the historical stock price of Gulf Energy Development PCL over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Gulf Energy Development PCL stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Gulf Energy Development PCL's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Gulf Energy Development PCL Stock Price History
DateGulf Energy Development PCL Price
8/13/202665.75 THB
8/11/202665.00 THB
8/10/202666.00 THB
8/7/202666.75 THB
8/6/202667.75 THB
8/5/202666.50 THB
8/4/202666.50 THB
8/3/202667.00 THB
7/31/202666.75 THB
7/30/202665.75 THB
7/29/202665.25 THB
7/28/202665.25 THB
7/27/202665.25 THB
7/24/202666.00 THB
7/23/202666.50 THB
7/22/202666.50 THB
7/21/202667.75 THB
7/20/202667.25 THB
7/17/202667.50 THB
7/16/202663.00 THB
7/15/202663.50 THB
7/14/202663.25 THB
7/13/202663.50 THB
7/10/202663.50 THB
7/9/202663.00 THB
7/8/202661.75 THB
7/7/202662.50 THB
7/6/202664.25 THB
7/3/202663.75 THB
7/2/202663.00 THB
7/1/202661.50 THB
6/30/202661.50 THB
6/29/202661.00 THB
6/26/202659.75 THB
6/25/202660.50 THB
6/24/202661.50 THB
6/23/202660.50 THB
6/22/202661.25 THB
6/19/202664.00 THB
6/18/202663.50 THB
6/17/202664.25 THB
6/16/202664.25 THB
6/15/202665.25 THB
6/12/202664.00 THB
6/11/202662.75 THB
6/10/202663.50 THB
6/9/202663.75 THB
6/8/202664.50 THB
6/5/202667.00 THB
6/4/202667.25 THB
6/2/202664.50 THB
5/29/202662.00 THB
5/28/202661.75 THB
5/27/202662.50 THB
5/26/202661.75 THB
5/25/202662.00 THB
5/22/202660.75 THB
5/21/202660.75 THB
5/20/202660.50 THB
5/19/202660.50 THB
5/18/202660.00 THB
5/15/202659.75 THB
5/14/202660.25 THB
5/13/202659.00 THB
5/12/202659.00 THB
5/11/202658.75 THB
5/8/202660.00 THB
5/7/202661.75 THB
5/6/202660.75 THB
5/5/202657.50 THB
5/4/202657.50 THB
5/1/202657.50 THB
4/30/202657.50 THB
4/29/202657.75 THB
4/28/202657.25 THB
4/27/202657.00 THB
4/24/202656.00 THB
4/23/202656.25 THB
4/22/202658.25 THB
4/21/202658.75 THB
4/20/202658.25 THB
4/17/202657.75 THB
4/16/202658.75 THB
4/10/202659.50 THB
4/9/202659.00 THB
4/8/202660.75 THB
4/7/202659.50 THB
4/3/202659.25 THB
4/2/202659.75 THB
4/1/202660.50 THB
3/31/202659.25 THB
3/30/202659.00 THB
3/27/202658.25 THB
3/26/202656.75 THB
3/25/202657.00 THB
3/24/202655.25 THB
3/23/202654.75 THB
3/20/202656.75 THB
3/19/202655.25 THB
3/18/202656.75 THB
3/17/202656.50 THB
3/16/202655.75 THB
3/13/202656.25 THB
3/12/202656.25 THB
3/11/202654.50 THB
3/10/202656.00 THB
3/9/202654.50 THB
3/6/202656.00 THB
3/5/202656.50 THB
2/26/202661.75 THB
2/25/202662.50 THB
2/24/202662.75 THB
2/23/202660.25 THB
2/20/202660.25 THB
2/19/202660.25 THB
2/18/202659.75 THB
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Gulf Energy Development PCL Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
47.47 B THB
14.51 B THB
7.67 B THB
Jan 1, 2022
94.15 B THB
23.53 B THB
11.42 B THB
Jan 1, 2023
114.05 B THB
20.21 B THB
14.86 B THB
Jan 1, 2024
120.89 B THB
31.29 B THB
18.17 B THB
Jan 1, 2025
98.89 B THB
15.97 B THB
80.00 B THB
Jan 1, 2026 (e)
140.35 B THB
30.85 B THB
34.44 B THB
Jan 1, 2027 (e)
147.60 B THB
31.87 B THB
37.66 B THB
Jan 1, 2028 (e)
148.69 B THB
33.02 B THB
42.64 B THB

Gulf Energy Development PCL Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 14, 2026, 9:53 AM
 
REVENUEB THB
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB THB
EBITB THB
EBIT MARGIN%
NET INCOMEB THB
NET INCOME GROWTH%
DIV.THB
DIV. GROWTH%
SHARESB
2014201520162017201820192020202120222023202420252026e2027e2028e
0.770.690.244.3517.1830.0432.8347.4794.15114.05120.8998.89140.35147.60148.69
–-11.13-65.071,712.50294.9774.849.2844.6098.3521.145.99-18.2041.935.170.74
34.4132.172.0824.4626.1924.1327.7927.5520.6519.3219.6419.7719.7719.7719.77
0.270.220.011.064.507.259.1213.0819.4422.0323.7519.5527.7529.1829.40
-0.27-0.600.581.305.598.739.3014.5123.5320.2131.2915.9730.8531.8733.02
-34.93-87.05240.8329.8432.5429.0628.3430.5824.9917.7225.8916.1521.9821.5922.21
-0.43-0.810.423.453.037.176.147.6711.4214.8618.1780.0034.4437.6642.64
–88.17-151.42727.58-12.26136.66-14.2624.8448.8530.1322.30340.27-56.959.3413.23
––––0.401.201.300.380.440.600.882.022.422.913.49
–––––200.008.33-70.7715.7936.3646.67129.5519.8020.2519.93
14.9414.9410.7910.7910.7210.6711.7311.7311.7311.7311.7314.9414.9414.9414.94
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Gulf Energy Development PCL generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Gulf Energy Development PCL retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Gulf Energy Development PCL's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Gulf Energy Development PCL has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Gulf Energy Development PCL's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Gulf Energy Development PCL stock margins

The Gulf Energy Development PCL margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Gulf Energy Development PCL. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Gulf Energy Development PCL.

  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
27.55 %
30.58 %
16.16 %
Jan 1, 2022
20.65 %
24.99 %
12.13 %
Jan 1, 2023
19.32 %
17.72 %
13.03 %
Jan 1, 2024
19.64 %
25.89 %
15.03 %
Jan 1, 2025
19.77 %
16.15 %
80.90 %
Jan 1, 2026 (e)
19.77 %
21.98 %
24.54 %
Jan 1, 2027 (e)
19.77 %
21.59 %
25.51 %
Jan 1, 2028 (e)
19.77 %
22.21 %
28.68 %

Gulf Energy Development PCL Stock Revenue, EBIT, Earnings per Share

The Gulf Energy Development PCL earnings per share therefore indicates how much revenue Gulf Energy Development PCL has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
4.05 THB
1.24 THB
0.65 THB
Jan 1, 2022
8.02 THB
2.01 THB
0.97 THB
Jan 1, 2023
9.72 THB
1.72 THB
1.27 THB
Jan 1, 2024
10.30 THB
2.67 THB
1.55 THB
Jan 1, 2025
6.62 THB
1.07 THB
5.35 THB
Jan 1, 2026 (e)
9.39 THB
2.06 THB
2.31 THB
Jan 1, 2027 (e)
9.88 THB
2.13 THB
2.52 THB
Jan 1, 2028 (e)
9.95 THB
2.21 THB
2.85 THB

Gulf Energy Development PCL business model & stock analysis

Gulf Energy Development PCL is a leading energy provider in Thailand that has continuously grown since its establishment in 2011. However, the beginnings of this company started as early as 1995 when it contributed to the development of power plants as part of a larger conglomerate. The business model of Gulf Energy Development PCL aims not only at the generation and sale of electricity but also at the improvement and expansion of energy infrastructure in Thailand. The company focuses on environmentally friendly and sustainable energy production. Gulf Energy Development PCL is divided into three business segments: energy generation, energy infrastructure, and energy services. In energy generation, the company develops and operates both conventional and renewable energy projects such as coal-fired power plants, gas-fired power plants, solar parks, and wind farms. In the field of energy infrastructure, Gulf Energy Development PCL invests in the development and expansion of energy infrastructure, such as electrical transmission and distribution networks, as well as gas pipelines. In the energy services segment, the company specializes in energy-efficient solutions. This includes the planning, installation, and maintenance of energy efficiency and energy-saving programs, including associated building management services. Gulf Energy Development PCL also offers customized solutions as part of its products. The company provides tailored energy projects that are designed to meet the specific needs and requirements of customers. This includes energy management solutions aimed at optimizing the energy consumption of businesses and public institutions. Gulf Energy Development PCL is one of the leading players in the Thai energy industry with comprehensive expertise in energy generation and infrastructure, as well as energy services. The company aims to further expand its position as a leading energy provider in Thailand and solidify its role as a driving force in the development of sustainable energy infrastructure.

Gulf Energy Development PCL Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Gulf Energy Development PCL historical P/E ratio, EBIT multiple, and P/S ratio

Gulf Energy Development PCL annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Gulf Energy Development PCL shares outstanding

The number of shares of Gulf Energy Development PCL was 14.94 B in 2025. This indicates how many shares Gulf Energy Development PCL is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
11.73 B Stocks
Jan 1, 2022
11.73 B Stocks
Jan 1, 2023
11.73 B Stocks
Jan 1, 2024
11.73 B Stocks
Jan 1, 2025
14.94 B Stocks
Jan 1, 2026 (e)
14.94 B Stocks
Jan 1, 2027 (e)
14.94 B Stocks
Jan 1, 2028 (e)
14.94 B Stocks

Gulf Energy Development PCL stock splits

In Gulf Energy Development PCL's history, there have been no stock splits.

Gulf Energy Development PCL Dividend History

8 years of dividend payments · 4 consecutive increases

YearAnnual DividendYoY ChangePayments
20251.01THB↑ 14.8%1×
Feb 19, 20251.01THB↑ 14.8%1/1
20240.88THB↑ 46.7%1×
20230.60THB↑ 36.4%1×
20220.44THB↑ 15.8%1×
20210.38THB↓ 70.8%1×
20201.30THB↑ 8.3%1×
20191.20THB↑ 200.0%1×
20180.40THB—1×

Gulf Energy Development PCL dividend history and estimates

In 2025, Gulf Energy Development PCL paid a dividend amounting to 1.01 THB. Dividend means that Gulf Energy Development PCL distributes a portion of its profits to its owners.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
0.38 THB
0.00 THB
Jan 1, 2022
0.44 THB
0.00 THB
Jan 1, 2023
0.60 THB
0.00 THB
Jan 1, 2024
0.88 THB
0.00 THB
Jan 1, 2025 (e)
1.01 THB
1.01 THB
Jan 1, 2026 (e)
0.00 THB
2.42 THB
Jan 1, 2027 (e)
0.00 THB
2.91 THB
Jan 1, 2028 (e)
0.00 THB
3.49 THB

Gulf Energy Development PCL dividend payout ratio

In 2025, Gulf Energy Development PCL had a payout ratio of 18.86%. The payout ratio indicates the percentage of the company's profits that Gulf Energy Development PCL distributes as dividends.

  • 3 Years

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  • 10 Years

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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
58.13 %
Jan 1, 2022
45.22 %
Jan 1, 2023
47.38 %
Jan 1, 2024
56.82 %
Jan 1, 2025
18.86 %
Jan 1, 2026 (e)
105.15 %
Jan 1, 2027 (e)
115.40 %
Jan 1, 2028 (e)
122.30 %

Current Gulf Energy Development PCL forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
95.00 % (19)
Hold
5.00 % (1)
Sell
0.00 % (0)
12M Price Target
61.71
Last Price
65.75
Currency
THB
12M Return Potential
-6.14 %
LTM Return
0 %

Gulf Energy Development PCL Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
2/14/20240.23THB-29.50 BTHB-2023 Q4

EESG©

Eulerpool ESG Scorecard© for the Gulf Energy Development PCL stock

68/100
99
Environment
81
Social
24
Governance
E

Environment

20
Scope 1 - Direct Emissions6,651,220
Scope 2 - Indirect emissions from purchased energy53,794
Scope 3 - Indirect emissions within the value chain2,758
Total CO₂ emissions6,705,020
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees26
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Gulf Energy Development PCL shareholder structure

% Name
28.12733%
Ratanavadi (Sarath)
Ratanavadi (Sarath)
9.82696%
UBS AG
UBS AG
7.76736%
Gulf Capital Holdings Ltd.
Gulf Capital Holdings Ltd.
6.32928%
Gulf Investment and Trading Pte. Ltd.
Gulf Investment and Trading Pte. Ltd.
3.69301%
Gulf Holding (Thailand) Co., Ltd.
Gulf Holding (Thailand) Co., Ltd.
1.98417%
Bank of Singapore Limited
Bank of Singapore Limited

Gulf Energy Development PCL Beneficial Ownership Filings (SEC 13D/G)

Free Float
29.9%
Float Shares
-
Shares Outstanding
-

Gulf Energy Development PCL Executives and Management Board

16 members · avg. age 63 · 38 % women

Management

SR

Mr. Sarath Ratanavadi (58)

Chief Executive Officer, Executive Vice Chairman of the Board · since 2017

–
YW

Ms. Yupapin Wangviwat (55)

Deputy Chief Executive Officer, Chief Financial Officer, Executive Director · since 2017

–
PC

Mrs. Porntipa Chinvetkitvanit (61)

Deputy Chief Executive Officer, Executive Director · since 2017

–
BT

Mr. Boonchai Thirati (69)

Deputy Chief Executive Officer, Executive Director · since 2017

–
RC

Mr. Ratthaphol Cheunsomchit (53)

Deputy Chief Executive Officer

–
CJ

Ms. Chattawan Jaijakul (50)

Executive Vice President - Corporate Secretary, Company Secretary

–

Board of Directors

VC

Mr. Viset Choopiban (78)

Non-Executive Independent Chairman of the Board

3.55 M THB
SP

Mr. Sommai Phasee (79)

Non-Executive Independent Director

3.12 M THB
KS

Mr. Kasem Snidvongs (85)

Non-Executive Independent Director

3.00 M THB
RK

Dr. Raweporn Kuhirun (79)

Non-Executive Independent Director

2.87 M THB
SB

Mr. Santi Boonprakub (70)

Non-Executive Independent Director

2.80 M THB
SB

Mr. Somprasong Boonyachai (68)

Non-Executive Independent Director

2.37 M THB

Frequently asked questions about Gulf Energy Development PCL

The business model of Gulf Energy Development PCL is focused on the energy sector, particularly in the development and operation of power projects. The company primarily engages in the production and distribution of electricity, natural gas, and other renewable energy sources. Gulf Energy Development PCL invests in various power generation projects, including gas-fired power plants, solar farms, wind farms, and hydropower. Through its extensive portfolio, the company aims to generate sustainable and reliable energy solutions to meet the growing demands of Thailand's energy market. Gulf Energy Development PCL's business model allows it to contribute towards the development of a cleaner and more efficient energy sector in the country.

Gulf Energy Development PCL is primarily active in the energy and power sectors. As a leading independent power producer in Thailand, Gulf Energy focuses on the development, operation, and maintenance of power plants. The company's diversified portfolio includes conventional and renewable power generation projects, ranging from natural gas, wind, solar, and biomass sources. Gulf Energy's expertise extends to various industries, such as electricity generation, power distribution, and energy trading. With its commitment to sustainable and clean energy solutions, Gulf Energy Development PCL continues to play a crucial role in the development and growth of Thailand's energy infrastructure.

The main competitors of Gulf Energy Development PCL in the market include companies such as Electricity Generating Public Company Limited (EGCO), Ratch Group Public Company Limited, and BCPG Public Company Limited. These companies are engaged in similar businesses within the energy sector and provide competition to Gulf Energy Development PCL in terms of power generation and related activities. Gulf Energy Development PCL operates alongside these competitors to maintain its position and strategic advantage in the market.

Gulf Energy Development PCL is a leading energy company headquartered in Thailand. Established in 2011, the company focuses on the development, investment, and operation of power projects across the region. Gulf Energy has a diverse portfolio that includes gas-fired power plants, solar farms, and wind turbines, reflecting their commitment to clean and sustainable energy solutions. With a strong track record, Gulf Energy has grown rapidly and successfully expanded its market presence both domestically and internationally. By leveraging their expertise and strategic partnerships, the company continues to drive innovation and contribute to the growth of the energy industry.

Gulf Energy Development PCL has achieved several significant milestones in its history. One notable milestone is the successful completion of numerous power projects across Thailand. These projects have greatly contributed to the company's growth and positioned it as a leading player in the energy sector. Gulf Energy Development PCL has also gained recognition for its commitment to sustainable and environmentally friendly practices. Additionally, the company's strong financial performance and strategic partnerships have further solidified its position in the market. Overall, Gulf Energy Development PCL continues to make significant strides in the energy industry, establishing itself as a reputable and successful player.

Gulf Energy Development PCL is primarily present in Thailand and other Southeast Asian countries.

Gulf Energy Development PCL is a leading energy company that upholds strong values and a clear corporate philosophy. The company's core values center around sustainability, innovation, and integrity. Gulf Energy is committed to delivering sustainable energy solutions that benefit both the environment and society as a whole. With a focus on innovation, they consistently seek creative and efficient approaches to meet the ever-growing energy demands. Additionally, Gulf Energy places great emphasis on maintaining integrity in all aspects of their operations, ensuring transparency, and building trust with stakeholders. By aligning their actions with these values, Gulf Energy Development PCL is dedicated to driving positive change in the energy sector.

Analysts currently set an average price target of 62.58 THB for the Gulf Energy Development PCL stock (median: 61.71 THB), implying -4.8 % versus the latest price. The consensus is based on 20 analyst ratings.

Gulf Energy Development PCL Analyst Price Targets 2026

20 analysts currently rate the Gulf Energy Development PCL stock: 19 recommend buying, 1 holding and 0 selling. For 2026, analysts expect Gulf Energy Development PCL to generate revenue of 140.35 B THB and earnings per share of 2.31 THB.

Gulf Energy Development PCL Analyst Price Targets 2026

Converted at the current exchange rate, the Gulf Energy Development PCL share trades at 1.72 EUR (65.75 THB).

Gulf Energy Development PCL is a leading energy and power supply company in Thailand. The company's business model focuses on the generation, transmission, distribution, and sale of electricity, gas, and other energy products. The company's divisions can be divided into three areas: power generation, power transmission, and power distribution. Power generation: The power generation segment includes the company's power generation facilities in Thailand. Gulf Energy Development operates power plants that utilize both fossil fuels and renewable energy sources such as wind power, biomass, and solar energy. The company also owns stakes in other coal and gas power plants in Thailand and other countries. Power transmission: Gulf Energy Development is also involved in power transmission. The company owns and operates transmission lines that transport electricity from power plants to power distribution networks in Thailand. Power distribution: The company is also active in the power distribution sector. Gulf Energy Development operates power distribution networks that bring electricity to end consumers in Thailand. The company works closely with the Thai government to improve electricity supply in rural areas and isolated communities. Products offered by Gulf Energy Development include electricity, gas, and other energy sources. The company also provides consulting and engineering services related to energy projects, such as planning, designing, and constructing power plants and energy transmission and distribution networks. Gulf Energy Development PCL's business model relies on long-term investments in energy sources to ensure reliable electricity supply in Thailand. The company is committed to sustainable development and is increasing its investments in renewable energy. Gulf Energy Development aims to generate more than 3,000 MW of renewable energy in Thailand by 2025. Overall, Gulf Energy Development PCL pursues a strategy of vertical integration, allowing it to effectively manage its energy sources and services while ensuring reliable electricity supply for its customers. The company also engages in partnerships and joint ventures to strengthen its presence in the energy industry and expand its business operations.

The expected revenue of Gulf Energy Development PCL is 140.35 B THB. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Gulf Energy Development PCL is 34.44 B THB. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Gulf Energy Development PCL is currently 28.52. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Gulf Energy Development PCL stock.

The price-to-sales ratio (P/S) of Gulf Energy Development PCL is currently 7.00. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Gulf Energy Development PCL stock.

The Eulerpool Quality Score for Gulf Energy Development PCL is 6/10.

The ISIN of Gulf Energy Development PCL is TH8319010Z06. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Gulf Energy Development PCL is GULF.BK. The ticker symbol is used to trade Gulf Energy Development PCL shares on the stock exchange.

Over the past 12 months, Gulf Energy Development PCL paid a dividend of 1.01 THB . This corresponds to a dividend yield of about 1.54 %. For the coming 12 months, Gulf Energy Development PCL is expected to pay a dividend of 2.91 THB.

The current dividend yield of Gulf Energy Development PCL is 1.54 %.

Gulf Energy Development PCL pays a dividend, distributed in the months of , , , .

Gulf Energy Development PCL paid dividends every year for the past 8 years.

For the upcoming 12 months, dividends amounting to 2.91 THB are expected. This corresponds to a dividend yield of 4.42 %.

Gulf Energy Development PCL is assigned to the 'Utilities' sector.

To receive the latest dividend of Gulf Energy Development PCL from amounting to 1.01 THB, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Gulf Energy Development PCL distributed 0.88 THB as dividends.

The dividends of Gulf Energy Development PCL are distributed in THB.

All fundamentals and in-depth analysis of Gulf Energy Development PCL

Our stock analysis for Gulf Energy Development PCL stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Gulf Energy Development PCL. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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