Krungsri keeps THB 8.80 target for BEM stock

Published on 10/15/2026 at 22:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Krungsri sees THB 3.90 billion profit in 2026, up 3.40 percent. BEM stock costs EUR 0.17 on October 15, 2026, below EUR 0.19.

Analyst view and reporting date

Krungsri Securities maintained a THB 8.80 target for BEM on September 28, 2026.
The brokerage forecast THB 3.90 billion in 2026 profit, representing 3.40 percent year-over-year growth.
BEM stock costs EUR 0.17 at Lang & Schwarz on October 15, 2026 at 10:09 p.m. CEST, 10.53 percent below the 52-week high of EUR 0.19.
BEM scheduled its third-quarter 2026 results announcement for November 13, 2026.

BEM, TH6999010015, Illustration mit AI erstellt.

Krungsri Securities maintained a THB 8.80 target for Bangkok Expressway and Metro on September 28, 2026, while the brokerage kept its 2026 profit forecast at THB 3.90 billion. The target stands 38.58 percent above the SET price of THB 6.35 on October 15, 2026, calculated in the home currency. BEM stock was trading at EUR 0.17 at Lang & Schwarz on October 15, 2026 at 10:09 p.m. CEST, unchanged against the SET close of October 14, 2026.

Krungsri keeps its target

According to Kaohoon International, Krungsri maintained its Buy recommendation and THB 8.80 target on September 28, 2026. The brokerage said the four-day toll waiver during flooding should have a limited financial effect because the government was expected to reimburse lost toll revenue.

Krungsri kept its 2026 earnings forecast at THB 3.90 billion, up 3.40 percent from the prior year. Its sensitivity analysis put a possible unreimbursed revenue loss at THB 100.00 million, equal to 2.00 percent of forecast third-quarter revenue.

Price sits below the yearly high

The Frankfurt quotation covered by the supplied ISIN had a 52-week range of EUR 0.12 to EUR 0.19 through September 29, 2026. The Lang & Schwarz price of EUR 0.17 is 41.67 percent above the low and 10.53 percent below the high. The bid was EUR 0.16 and the ask EUR 0.18 at 10:09 p.m. CEST.

Results date and valuation

Bangkok Expressway and Metro scheduled its third-quarter 2026 financial results announcement for November 13, 2026, according to the Bangkok Expressway and Metro investor-relations page. The finance data quote put the company at a market capitalization of THB 95.1 billion and a price-to-earnings ratio of 25.21 on October 15, 2026.

Comparison with peers

BEM: unchanged, P/E 25.21, market capitalization THB 95.1 billion.

BTS Group Holdings (SET, THB): plus 2.67 percent, P/E minus 23.59, market capitalization THB 30.9 billion.

CH. Karnchang (SET, THB): minus 1.71 percent, P/E 8.73, market capitalization THB 28.9 billion.

What the target means for valuation

The target comparison is more important than the small euro quotation because the analyst view and the company valuation are both anchored in Thai baht. The 38.58 percent distance from the SET price to the target is wider than the 10.53 percent gap between the Frankfurt quotation and its 52-week high. The next scheduled results date gives investors a defined checkpoint for traffic, ridership and reimbursement developments.

Stock position after hours

Bangkok Expressway and Metro combines expressway concessions, rail operations and commercial activity around its transport network. The current quote remains inside the documented EUR 0.12 to EUR 0.19 range, while the analyst target and November 13 reporting date provide the main reference points for the next update.

The further course of trading is shown by the continuously updated real-time quote of BEM stock.