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Thai Capitalist – “Stocks to Watch: Gulf, Advanc, BJC, EGCO, Seafco, and Siri – Market Update for April 2, 2026”

Article Summary:

Gulf Energy Development Public Company Limited is a prominent Thai energy and infrastructure holding company. It specializes in investments across power generation, utilities, and infrastructure, and offers a mix of conventional and renewable energy assets. The company operates both domestically in Thailand and in selected international markets.

As of early February 2026, Gulf’s market capitalization is approximately THB 580 billion (around USD 18.7 billion). The current stock price stands at THB 47.50, with a 52-week trading range between THB 37.75 and THB 51.25. The stock exhibits a P/E ratio of approximately 30-32x and a price-to-book value typically between 3.5 and 4.0x.

Gulf’s financial metrics indicate a low-teens percentage return on equity and a dividend yield of approximately 2.0-2.2%. Daily trading volume averages between THB 1.5 billion and THB 2.0 billion, highlighting its status as an active large-cap stock. Furthermore, the company has exhibited solid year-to-date performance in 2026, shown by a gain of around 13.8% since late December 2025.

Original Article:

Stocks in the news (gulf, advanc, bjc, egco, seafco, siri) 04.02.26

GULF Company Background

Gulf Energy Development Public Company Limited is a leading Thai energy and infrastructure holding company that invests in power generation, infrastructure and utilities, and digital businesses, with a diversified portfolio of conventional and renewable power assets and large-scale infrastructure projects in Thailand and selected international markets.

Market Cap (THB): ~580.00B (approximate early Feb 2026)
Market Cap (USD): ~US$18.7B (at ~THB 31/USD)
Current Price: THB 47.50 (latest close, early Feb 2026)
52-Week Range: THB 37.75-51.25 (approximate)
P/E Ratio: ~30-32x (TTM, approximate)
P/BV: ~3.5-4.0x (approximate)
ROE: low-teens % (latest available, approximate)
Dividend Yield: ~2.0-2.2% (latest indicated, approximate)
Avg Daily Value: THB 1.5B-2.0B (active large-cap, approximate)

YTD Performance 2026: +13.8% (approximate, from ~THB 41.75 on 30 Dec…

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