BEM stock gains 6.25 percent to EUR 0.17 versus Frankfurt close

Published on 10/20/2026 at 21:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter net profit reached THB 1.01 billion in 2026. BEM stock costs EUR 0.17 on October 20, 2026, up 6.25 percent versus Frankfurt close.

Price and analyst view

Kiatnakin Phatra Securities raised its BEM target from THB 8.10 to THB 8.30 on October 20, 2026.
Second-quarter 2026 net profit reached THB 1.01 billion, while revenue totaled THB 3.98 billion.
Bangkok Expressway and Metro stock costs EUR 0.17 at Lang & Schwarz on October 20, 2026 at 9:46 p.m. CEST, 6.25 percent above the Frankfurt close.
Third-quarter results are scheduled for November 13, 2026.

BEM, TH6999010015, Illustration mit AI erstellt.

Bangkok Expressway and Metro (TH6999010015) was trading at EUR 0.17 at Lang & Schwarz on October 20, 2026 at 9:46 p.m. CEST, up 6.25 percent versus the Frankfurt close of October 16, 2026 at EUR 0.16. On October 20, 2026, Kiatnakin Phatra Securities raised its target for BEM from THB 8.10 to THB 8.30 and reiterated a Buy recommendation, as reported by Kaohoon International.

Ridership drives the revised target

KKPS increased its 2027 daily ridership forecast for BEM by 10 percent and linked that assumption to 10 percent growth in rail revenue for 2027, according to Kaohoon International. The brokerage also cut its 2026 pre-exceptional earnings forecast by 1 percent and raised its 2027 forecast by 2 percent after assuming lower financing costs.

What does the fare policy mean for BEM? The proposed THB 17 to THB 45 rail fare cap could reduce commuting costs, while the source said the policy would require Cabinet approval of a THB 5.8 billion subsidy. The company already operates Bangkok expressways and mass transit systems, so ridership remains the direct operating link to the target revision.

Stock stays below its yearly high

On the SET, BEM last traded at THB 6.30 on October 20, 2026 at 4:36 p.m. ICT. Its 52-week range was THB 4.84 to THB 7.35, placing the share 14.29 percent below the high. The same session showed a THB 39,594,980 share volume, while the finance data listed market capitalization at THB 94.4 billion.

Valuation and November dates

BEM carried a trailing price-to-earnings ratio of 25.01 on October 20, 2026, alongside a trailing dividend yield of 0.02 percent. The company lists third-quarter financial results for November 13, 2026 and an analyst meeting for November 17, 2026 on its investor-relations page, Bangkok Expressway and Metro.

For the latest reported quarter, second-quarter 2026 revenue was THB 3.98 billion and net profit attributable to shareholders was THB 1.01 billion. Revenue fell from THB 4.28 billion in the first quarter, while net profit rose from THB 0.87 billion, according to the financial summary published by Investing.com.

Price remains the immediate signal

The euro quotation is 6.25 percent above the Frankfurt close used for comparison, while the SET share price remains below its 52-week high. The November reporting date will provide the next scheduled operating checkpoint.

Bangkok Expressway and Metro was trading at EUR 0.17 at Lang & Schwarz on October 20, 2026 at 9:46 p.m. CEST, up 6.25 percent versus the Frankfurt close of October 16, 2026 at EUR 0.16. The further course of trading is shown by the continuously updated real-time quote of Bangkok Expressway and Metro stock.