Banpu Power PCL (BKK:BPP-R) Intrinsic Value: DCF (Dividends Based): ฿10.25 (As of Jul. 05, 2026)


BKK:BPP-R Banpu Power PCL BKK:BPP-R
84 GF Score
Price ฿10.10
GF Value ฿10.21
! 6 Warning Signs
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What is Banpu Power PCL Intrinsic Value: DCF (Dividends Based)?

Banpu Power PCL BKK:BPP-R 84 Intrinsic Value: DCF (Dividends Based) is ฿10.25 as of Jul. 05, 2026. GuruFocus rates BKK:BPP-R with a GF Score™ of 84/100 and a GF Value™ of ฿10.21. The stock has 6 warning signs investors should review. Among 29 Utilities - Independent Power Producers companies, Banpu Power PCL ranks worse than 3448272.41% on this metric.

As of today (2026-07-05), Banpu Power PCL's intrinsic value calculated from the Discounted Dividend model is ฿10.25.

Note: Discounted Dividend model is only suitable for companies who have a consistant distribution history. If the company's dividends does not remain steady over a long period, results may not be accurate due to the low consistency. The model is also only suitable for predictable companies (Business Predictability Rank higher than 1-Star) with dividend payments. If the company's Predictability Rank is 1-Star or Not Rated, or if the company does not pay dividend, the data will not be stored into our database.

Banpu Power PCL's Predictability Rank is 1-Star. Thus, this page is only used for demonstration purposes and the DCF related results in the screener and portfolio will appear as zero.

Margin of Safety % (DCF Dividends Based) using Discounted Dividend Model for Banpu Power PCL is 1.46%.

The historical rank and industry rank for Banpu Power PCL's Intrinsic Value: DCF (Dividends Based) or its related term are showing as below:

BKK:BPP-R's Price-to-DCF (Dividends Based) is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 1.08
* Ranked among companies with meaningful Price-to-DCF (Dividends Based) only.

Banpu Power PCL  (BKK:BPP-R) Intrinsic Value: DCF (Dividends Based) Explanation

Unlike valuation methods such as Net Current Asset Value, Tangible Book per Share, Graham Number, Median PS Value etc, discounted Dividends model evaluates the companies based on their power of future dividend distribution instead of their assets.


Be Aware

What you need to know about Discounted Dividends model:

1. The Discounted Dividends model evaluates a company based on its future dividends distribution power
2. Dividend growth is taken into account; therefore a company with a higher dividend growth rate is worth more if everything else is the same.
3. Since we are projecting future growth, it is assumed that the company will grow at the same rate as it did during the past 10 years. Therefore this model works better for the companies with consistently steady dividends distributed.
4. The Discounted Dividends model works poorly for inconsistent dividends distributor like high growth companies.
5. Your expected return from the investment is a reasonable discount rate assumption.
6. A larger margin of safety should be required for companies with less dividends distributed.

You can screen for stocks that trade below their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) and Intrinsic Value: DCF (Dividends Based) with the GuruFocus All-in-One Screener. Companies with a high Predictability Rank that trade at a discount to their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) can be found in the screen of Undervalued Predictable Companies.


Banpu Power PCL Intrinsic Value: DCF (Dividends Based) Related Terms


Banpu Power PCL Intrinsic Value: DCF (Dividends Based) Historical Data

* Premium members only.

The historical data trend for Banpu Power PCL's Intrinsic Value: DCF (Dividends Based) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Banpu Power PCL Intrinsic Value: DCF (Dividends Based) Chart

Banpu Power PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: DCF (Dividends Based)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Banpu Power PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Intrinsic Value: DCF (Dividends Based) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

BKK:BPP-R vs CEG, VST, NRG: Intrinsic Value: DCF (Dividends Based) Comparison

For the Utilities - Independent Power Producers subindustry, Banpu Power PCL's Price-to-DCF (Dividends Based), along with its competitors' market caps and Price-to-DCF (Dividends Based) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Banpu Power PCL Price-to-DCF (Dividends Based) vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Banpu Power PCL's Price-to-DCF (Dividends Based) distribution charts can be found below:

* The bar in red indicates where Banpu Power PCL's Price-to-DCF (Dividends Based) falls into.


BKK:BPP-R
84GF Score
Banpu Power PCL BKK:BPP-R
Intrinsic Value: DCF (Dividends Based) is just one metric. See GF Score™, valuation, warning signs, and more.
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Banpu Power PCL Intrinsic Value: DCF (Dividends Based) Calculation

This is the intrinsic value calculated from the Discounted Dividend Model with default parameters. The calculation method is the same as Discounted Cash Flow model except adjusted dividend are used in the calculation instead of free cash flow. This is the default method of calculation with GuruFocus DCF calculator.

Usually a two-stage model is used in calculating the intrinsic value with discounted cash flow model. The first stage is called growth stage; the second is called the terminal stage. In the growth stage the company grows at a faster rate. Because it cannot grow at that rate forever, a lower rate is used for the terminal stage.

GuruFocus DDM calculator is a two-stage model. The default values are defined as:

1. Discount Rate: d = 11%
A reasonable discount rate assumption should be at least the long term average return of the stock market, which can be estimated from risk free rate plus risk premium of stock market. GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate and rounded up to the nearest integer. It is updated daily. The current risk-free rate is 4.49%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default. Then we added a risk premium of 6% to get the estimated discount rate. Some investors use their expected rate of return, which is also reasonable. A typical discount rate can be anywhere between 6% - 20%.

2. Dividend Growth Rate in the growth stage: g1 = 5%
The Growth Rate in the growth stage is initially set as the default 10-Year Dividend Growth Rate. In cases where the 10-year growth rate is unavailable, it defaults to using the 5-Year Dividend Growth Rate. If both the 10-year and 5-year growth rates are unavailable, the system defaults to the 3-Year Dividend Growth Rate.
However, it's important to note that there is a growth rate range. If the calculated growth rate exceeds 20%, it will be capped at 20%. Conversely, if the calculated growth rate falls below 5%, it will be adjusted to 5% to maintain a reasonable range.
=> Banpu Power PCL's average Dividend Growth Rate in the past 5 years was -0.80%, which is less than 5%. GuruFocus defaults => Growth Rate: 5%

3. Years of Growth Stage: y1 = 10

4. Terminal Growth Rate: g2 = 4%

5. Dividends per Share: adjusted dividends per share = ฿0.8883.
GuruFocus uses adjusted dividends per share by default to ensure that the valuation reflects the total value of the company, as the actual dividend is only a portion of the total value.

All of the default settings can be changed in the DCF calculator and the results are calculated automatically.

Banpu Power PCL's Intrinsic Value: DCF (Dividends Based) for today is calculated as:

Intrinsic Value: DCF (Dividends Based)=Dividends per Share*{[(1+g1)/(1+d)+(1+g1)^2/(1+d)^2+...+(1+g1)^10/(1+d)^10]
+(1+g1)^10/(1+d)^10*[(1+g2)/(1+d)+(1+g2)^2/(1+d)^2+...+(1+g2)^10/(1+d)^10]}

set x = (1+g1)/(1+d) = (1+0.05)/(1+0.11) = 0.94594594594595
and y = (1+g2)/(1+d) = (1+0.04)/(1+0.11) = 0.93693693693694

Intrinsic Value: DCF (Dividends Based)=Dividends per Share*{[x+x^2+...+x^10]+x^10*[y+y^2+...+y^10]}
=Dividends per Share*[x*(1-x^10)/(1-x)+x^10*y*(1-y^10)/(1-y)]
=0.8883*11.5406
=10.25

Margin of Safety % (DCF Dividends Based) = (Intrinsic Value: DCF (Dividends Based)-Current Price) /Intrinsic Value: DCF (Dividends Based)
= (10.25 - 10.10) / 10.25
= 1.46 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: DCF (Dividends Based) of ฿10.25 mean?
Banpu Power PCL (BKK:BPP-R) has a Intrinsic Value: DCF (Dividends Based) of ฿10.25 as of Jul. 05, 2026. Intrinsic Value: DCF (Dividends Based) is the stock value based on a two-stage discounted dividend model. View historical data on Banpu Power PCL and its competitors. According to the industry distribution chart, Banpu Power PCL ranks #999999 out of 29 companies in the Utilities - Independent Power Producers industry.
Is Banpu Power PCL's Intrinsic Value: DCF (Dividends Based) too high?
Banpu Power PCL's current Intrinsic Value: DCF (Dividends Based) is ฿10.25. Based on the distribution chart, Banpu Power PCL ranks #999999 out of 29 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Banpu Power PCL has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Banpu Power PCL's Intrinsic Value: DCF (Dividends Based) compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Banpu Power PCL ranks #999999 out of 29 companies for Intrinsic Value: DCF (Dividends Based). This places Banpu Power PCL in the lower half of its industry. The industry median Intrinsic Value: DCF (Dividends Based) is 1.08. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: DCF (Dividends Based) for an Utilities - Independent Power Producers company?
The median Intrinsic Value: DCF (Dividends Based) among Utilities - Independent Power Producers companies is 1.08, based on 29 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: DCF (Dividends Based) significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: DCF (Dividends Based) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: DCF (Dividends Based) mean?
A high Intrinsic Value: DCF (Dividends Based) can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: DCF (Dividends Based) is the stock value based on a two-stage discounted dividend model. View historical data on Banpu Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Intrinsic Value: DCF (Dividends Based) is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banpu Power PCL's current Intrinsic Value: DCF (Dividends Based) is ฿10.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banpu Power PCL stock overvalued right now?
Banpu Power PCL (BKK:BPP-R) has a current Intrinsic Value: DCF (Dividends Based) of ฿10.25. The stock's GF Value™ is ฿10.21, compared to a current price of ฿10.10 — trading 1.1% below its estimated fair value. The current Intrinsic Value: DCF (Dividends Based) is ฿10.25. Banpu Power PCL's overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: DCF (Dividends Based) calculated?
Intrinsic Value: DCF (Dividends Based) is calculated from a company's financial statements. For Banpu Power PCL (BKK:BPP-R), the current Intrinsic Value: DCF (Dividends Based) is ฿10.25 as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Banpu Power PCL (BKK:BPP-R) Overvalued in 2026?

Based on GuruFocus' analysis, Banpu Power PCL stock appears to be undervalued. The current stock price of ฿10.10 is trading 1.1% below its estimated GF Value™ of ฿10.21.

Key valuation signals for BKK:BPP-R:

  • Intrinsic Value: DCF (Dividends Based): ฿10.25
  • GF Value™: ฿10.21 vs. price of ฿10.10 (1.1% below fair value)
  • GF Score™: 84/100 with 6 warning signs

No single metric tells the full story. See the BKK:BPP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banpu Power PCL Business Description

Other Exchanges BPP:Thailand
Address 1550 New Petchburi Road, 26th Floor, Thanapoom Tower, Makkasan, Ratchathewi, Bangkok, THA, 10400
Banpu Power PCL is engaged in investments in power businesses in Thailand and overseas. The business activities of the group include the generation and sale of electricity and other related business. The company's business segments include Power+: Power generation from thermal and renewable energy sources, both domestically and internationally. Second segment being Future Tech: Battery energy storage systems, solar rooftop and floating solar systems, battery production, energy trading, e-mobility, and energy efficiency businesses. Geographically, the company has its presence in the United States which is the key revenue driver, China, and other regions.
84GF Score

Get the complete analysis for BKK:BPP-R

Intrinsic Value: DCF (Dividends Based) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿10.10
Price
฿10.21
GF Value