AP (Thailand) PCL (BKK:AP)

AP (Thailand) PCL Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, AP (Thailand) PCL stock has a consensus rating of "Strong Buy" and an average price target of ฿9.63. The average 1-year stock price forecast is 25.88% higher than the current stock price, while the lowest is ฿8.10 (+5.88%) and the highest is ฿10.60 (+38.56%).

Price Target: ฿9.63 (+25.88%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	฿8.10	฿9.63	฿9.50	฿10.60
Change	+5.88%	+25.88%	+24.18%	+38.56%

Analyst Ratings

The average analyst rating for AP (Thailand) PCL stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	11	9	9	8	9	9
Buy	1	3	3	3	2	2
Hold	1	1	1	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	13	13	13	13

Financial Forecast

Revenue This Year

38.98B

Increased by 3.63%

from 37.61B

Revenue Next Year

40.52B

Increased by 3.96%

from 38.98B

EPS This Year

1.48

Increased by 8.10%

from 1.37

EPS Next Year

1.60

Increased by 8.18%

from 1.48

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	31.96B	38.70B	38.37B	37.43B	37.61B	38.98B
Revenue Growth	6.73%	21.07%	-0.84%	-2.47%	0.49%	3.63%
Gross Profit	10.48B	13.22B	14.23B	13.11B	12.16B	12.40B
Gross Margin	32.79%	34.17%	37.07%	35.03%	32.33%	31.82%
Operating Income	4.65B	5.97B	6.54B	5.87B	5.18B	5.25B
Net Income	4.54B	5.88B	6.05B	5.02B	4.32B	4.67B
EPS	-	-	-	-	1.37	1.48
EPS Growth	-	-	-	-	-14.37%	8.10%
Forward PE	6.67	6.30	5.62	4.58	5.61	5.17
Dividend / Share	0.50	0.65	0.70	0.60	0.52	0.55
Dividend Growth	-	30.00%	7.69%	-14.29%	-13.33%	5.90%
Free Cash Flow	1.87B	-2.89B	-10.92B	3.17B	1.10B	2.88B
No. Analysts	-	-	-	-	-	11

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is THB.

Revenue Forecast

Revenue	2026	2027	2028
High	40.6B
Avg	39.0B
Low	37.4B

Revenue Growth

Revenue Growth	2026	2027	2028
High	8.0%
Avg	3.6%
Low	-0.5%

EPS Forecast

EPS	2026	2027	2028
High	1.61
Avg	1.48
Low	1.40

EPS Growth

EPS Growth	2026	2027	2028
High	17.5%
Avg	8.1%
Low	2.2%

Data Source: S&P Global Market Intelligence

Price targets, consensus ratings and financial forecasts are provided by S&P Global Market Intelligence. Price targets and consensus ratings update every hour to every three days.

Data Sources Report a data error