Stocks in the news (bh, stecon, wha) 08.06.26
Bumrungrad Hospital Public Company Limited operates one of Asia’s premier private hospitals in Bangkok, delivering comprehensive tertiary care, advanced medical treatments, wellness services, and attracting a significant volume of international patients seeking high-quality healthcare.
| Market Cap (THB): | 146,671M THB |
| Market Cap (USD): | ~$4.50B (at ~THB 32.60/USD) |
| Current Price: | THB 184.50 (as of 5 June 2026 close) |
| 52-Week Range: | THB 130.00 – 214.00 |
| P/E Ratio: | 19.40 (TTM) |
| P/BV: | 4.50x |
| Dividend Yield: | 6.4% (latest indicated) |
| Avg Daily Value: | THB 1,800M – 2,800M |
BH
Management reported continued recovery in Middle Eastern patient volumes, with treatment durations extending between three and six months. At the same time, Asian patient volumes remain stable, while the company continues to expand its domestic patient base.
Comment: The “recovery” of MENA to Thailand should not be a surprise.
Stecon Group Public Company Limited is a holding company with core businesses in construction contracting and engineering services. Through its subsidiaries, it undertakes infrastructure, civil engineering, and building construction projects across Thailand.
| Market Cap (THB): | 24,609M THB |
| Market Cap (USD): | ~$0.76B (at ~THB 32.60/USD) |
| Current Price: | THB 16.20 (as of 5 June 2026 close) |
| 52-Week Range: | THB 5.25 – 17.00 |
| P/E Ratio: | 12.57 (TTM) |
| P/BV: | 1.22x |
| Dividend Yield: | 3.4% (latest indicated) |
| Avg Daily Value: | THB 250M – 450M |
STECON
Management remains constructive on growth prospects driven by data center development and accelerating infrastructure investment. STECON currently holds a THB126bn backlog and expects to secure approximately THB50bn of additional projects from government-approved initiatives.
Comment: At one point I hope we see more international (non-chinese) contractors return to Thailand, the fact that there are only 2 real players (STEC & CK) isn’t a positive sign.
WHA Corporation Public Company Limited is a leading industrial estate and logistics developer in Thailand. It develops and manages industrial parks, ready-built factories, warehouses, utilities (power & water), and provides digital and mobility solutions to support manufacturing and supply chain clients.
| Market Cap (THB): | 75,482M THB |
| Market Cap (USD): | ~$2.32B (at ~THB 32.60/USD) |
| Current Price: | THB 5.05 (as of 5 June 2026 close) |
| 52-Week Range: | THB 2.80 – 5.20 |
| P/E Ratio: | 16.52 (TTM) |
| P/BV: | 1.97x |
| Dividend Yield: | 4.2% (latest indicated) |
| Avg Daily Value: | THB 350M – 550M |
WHA
WHA expects continued interest from high-tech industries from the US and Taiwan following government support for the semiconductor sector. Management also indicated that a new data center transaction involving 100-200 rai could be secured during Q2-Q3.
Comment: Yes yes. So countries are importing a tonne of international hardware to…allowing us to generate our own cat videos…
Comparison Table – As of 5 June 2026
| Ticker | Mkt Cap (USD) | Price (THB) | P/E (TTM) | P/BV | Div Yield | YTD 2026 | Analysis |
|---|---|---|---|---|---|---|---|
| BH.BK | ~$4.50B | 184.50 | 19.40 | 4.50x | 6.4% | ▲ +17.1% | View → |
| STECON.BK | ~$0.76B | 16.20 | 12.57 | 1.22x | 3.4% | ▲ +155.1% | View → |
| WHA.BK | ~$2.32B | 5.05 | 16.52 | 1.97x | 4.2% | ▲ +54.0% | View → |
Data sourced from SET, Yahoo Finance, and company filings as of 5 June 2026 close. YTD calculated from 30 Dec 2025 closing prices. USD conversions use provided FX rate of 32.60.
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