Gulf Development PCL (BKK:GULF)

Market Cap	956.15B +29.3%
Revenue (ttm)	136.52B +13.7%
Net Income	89.11B +344.1%
EPS	5.96 +248.8%
Shares Out	14.94B
PE Ratio	10.73
Forward PE	27.74
Dividend	1.05 (1.64%)
Ex-Dividend Date	Mar 2, 2026

Volume	61,399,739
Open	64.00
Previous Close	62.75
Day's Range	63.50 - 64.50
52-Week Range	37.75 - 68.50
Beta	0.51
Analysts	Strong Buy
Price Target	72.63 (+13.48%)
Earnings Date	Aug 20, 2026

About Gulf Development PCL

Gulf Development Public Company Limited generates and sells electricity and steam to public and private clients in Thailand and internationally. The company operates through Power Business, Consulting Business, Infrastructure Business and Satellite and Digital Business segments. It generates electricity through gas-fired, solar, biomass hydroelectric, waste-to-energy, and wind power projects under independent power producers and small power producers. The company undertakes infrastructure and logistics projects; distributes, supplies, and sells...

• Industry: Utilities - Independent Power Producers
• Sector: Utilities
• Founded: 2007
• Employees: 832
• Stock Exchange: Stock Exchange of Thailand
• Ticker Symbol: GULF

Financial Performance

In 2025, Gulf Development PCL's revenue was 129.67 billion, an increase of 7.26% compared to the previous year's 120.89 billion. Earnings were 85.39 billion, an increase of 369.96%.

Analyst Summary

According to 17 analysts, the average rating for GULF stock is "Strong Buy." The 12-month stock price target is ฿72.63, which is an increase of 13.48% from the latest price.

Price Target

฿72.63

(13.48% upside)

Analyst Consensus: Strong Buy