Absolute Clean Energy Public Company Expectations for 2026

Absolute Clean Energ...

SET:ACE

฿ 1,27

฿-0,02 (-1,55%)

1,27 ฿

฿-0,02 (-1,55%)

End-of-day quote: 03/27/2026

Absolute Clean Energy Public Company Stock Value

The analyst rating for SET:ACE is currently sf_Data Unavailable.

Absolute Clean Energy Public Company Company Info

EPS Growth 5Y

-2,82%

Market Cap

฿12,58 B

Long-Term Debt

฿6,76 B

Quarterly earnings

05/12/2026

Dividend

฿0,00

Dividend Yield

0,00%

Founded

1979

Industry

Utilities

Country

Thailand

Website

Absolute Clean Energy Public Company

ISIN Number

TH8906010005

Website

http://www.ace-energy.co.th

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

There are currently no price targets available for this stock.

In the last five quarters, Absolute Clean Energy Public Company’s Price Target has risen from ฿4,10 to ฿4,10 - a 0,00% increase.

Top growth stocks in the utilities sector (5Y.)

What does Absolute Clean Energy Public Company do?

Absolute Clean Energy Public Company Limited generates and sells electricity and steam. Business Segments The company operates through Biomass Power Plants, Solid Waste Power Plants, Natural Gas Power Plants, and Solar Energy Power Plants segments. Biomass Power Plants This segment generates electricity through the combustion of organic materials, significantly contributing to waste reduction while producing renewable energy. Solid Waste Power Plants This segment focuses on converting wast...

Absolute Clean Energy Public Company Limited generates and sells electricity and steam.

Business Segments

The company operates through Biomass Power Plants, Solid Waste Power Plants, Natural Gas Power Plants, and Solar Energy Power Plants segments.

Biomass Power Plants

This segment generates electricity through the combustion of organic materials, significantly contributing to waste reduction while producing renewable energy.

Solid Waste Power Plants

This segment focuses on converting waste into energy, helping municipalities manage waste sustainably and efficiently.

Natural Gas Power Plants

This segment serves as a critical component of the energy mix, leveraging natural gas as a cleaner alternative to traditional fossil fuels.

Solar Energy Power Plants

This segment reflects the company's commitment to harnessing solar power, installing solar energy systems that cater to commercial and residential sectors.

As of the recent fiscal periods, segment revenue has demonstrated a solid growth pattern across these segments. The revenue from biomass power plants has been notable, reflecting the increasing demand for cleaner energy sources. Likewise, solid waste power plants have emerged as a crucial player in managing environmental concerns associated with waste disposal while generating energy. The natural gas segment remains pivotal in ensuring energy stability and reliability while the solar energy segment continues to expand in response to growing market demand for renewable solutions.

Business Strategy

The company has a multifaceted business strategy for reinforcing its position in the renewable energy sector. The company seeks to optimize its operational efficiency while ensuring the sustainability of its energy sources. To achieve this, the company emphasizes innovation and technological advancement, investing in contemporary energy technologies and methodologies to improve service delivery and reduce operational costs.

Market positioning plays a significant role in the company’s business strategy. By offering diverse energy solutions tailored to specific market needs, the company can harness evolving trends within the energy sector. The business strategy includes expanding its portfolio of renewable energy projects, capitalizing on available government incentives for clean energy investments, and maintaining a robust marketing strategy to attract new customers.

Products and Services

The company offers a comprehensive array of renewable energy products and services that cater to diverse customer needs. The company’s primary offerings encompass the development and operation of biomass power plants, natural gas power plants, solid waste power plants, and solar energy systems.

In the biomass power segment, the company provides energy generated from organic materials, effectively converting waste into electricity while supporting environmental sustainability. The natural gas power segment leverages cleaner energy solutions, contributing to the energy mix while ensuring reliability and efficiency.

This company focus on service provisions, including energy consulting and project management services. The company works closely with clients to devise energy optimization strategies, implement energy management systems, and navigate regulatory requirements effectively.

The array of innovative and sustainable products and services offered by the company ensures that it meets the energy needs of its customers while promoting environmental stewardship and sustainability.

Geographical Markets

The company primarily serves the Thai market, focusing on delivering clean energy solutions to various regions within the country. The company operates within an extensive geographical footprint, leveraging Thailand's commitment to renewable energy development to expand its operations and reach.

Seasonality

During periods of heightened sunlight, the solar energy sector often experiences increased generation rates, leading to higher output and potentially more customer engagement. Conversely, periods of inclement weather impede generation, necessitating strategies for inventory management and customer servicing.

Customers

The company serves a diverse range of customers across various sectors. The company provides energy solutions primarily to governmental entities, industrial users, and commercial businesses in Thailand. The primary customers include two key stakeholders: the Provincial Electricity Authority and the Electricity Generating Authority of Thailand. These customers account for the majority of the company’s revenue, reflecting the strategic partnerships established within the electricity retail market.

Sales and Marketing

The company employs a multi-channel approach for marketing and sales to effectively reach diverse customer segments. The company utilizes traditional and digital marketing strategies tailored to target audiences across various sectors.

The sales strategies encompass direct marketing initiatives to establish relationships with governmental entities, private businesses, and industrial customers. Attending industry conferences, exhibitions, and workshops enables the company to showcase advancements in technology while networking with potential clients.

Digital marketing plays a key role in the company’s outreach efforts, employing social media and online platforms to enhance visibility and engagement with customers seeking renewable energy solutions.

Government Regulations

The company operates within a stringent regulatory framework that governs the renewable energy sector in Thailand. The company adheres to regulations set forth by the Board of Investment (BOI) and other governmental bodies overseeing energy production, environmental compliance, and sustainability.

History

Absolute Clean Energy Public Company Limited was founded in 1979. The company was incorporated in 2015.

Absolute Clean Energy Public Company Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Main industries for revenues:** 1. Renewable energies 2. Biomass power plants 3. Energy trading **TOP 3 markets and their percentage shares:** 1. Thailand: approx. 60% 2. Vietnam: approx. 20% 3. Philippines: approx. 10% Absolute Clean Energy Public Company Limited generates the majority of its r...

At which locations are the company’s products manufactured?

**Production Sites:** Thailand Absolute Clean Energy Public Company Limited (SET:ACE) mainly produces its products in Thailand. The company specializes in generating energy from renewable sources and operates several biomass power plants in the country. This strategic placement allows ACE to optimi...

What strategy does Absolute Clean Energy Public Company pursue for future growth?

**Focus on Renewable Energies:** Expansion of Capacities (2026) **International Expansion:** Entry into New Markets (2026) **Technological Innovation:** Investments in Research and Development (2026) Absolute Clean Energy Public Company Limited is pursuing a strategy that heavily focuses on the...

Which raw materials are imported and from which countries?

**Imported Raw Materials:** Biomass, Wood Pellets **Countries of Origin:** Vietnam, Malaysia, Indonesia Absolute Clean Energy Public Company Limited (ACE) is a company specializing in generating energy from renewable sources, particularly through the use of biomass. The main raw materials imported...

How strong is the company’s competitive advantage?

**Market Share:** Estimated at 10% in the field of renewable energies in Thailand (2026) **Technological Innovation:** High investments in biomass technologies (2025) **Sustainability Rating:** A (2025) Absolute Clean Energy Public Company Limited (ACE) has established itself as one of the leadin...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 45% (estimated, 2026) **Insider Buys/Sells:** No significant changes in the last year (2026) The institutional investor share in Absolute Clean Energy Public Company Limited is estimated to be around 45%. This demonstrates a strong confidence from institutional i...

What percentage market share does Absolute Clean Energy Public Company have?

**Market share of Absolute Clean Energy (ACE):** Estimated 5% (2026) **Main competitors and their market shares:** 1. **Energy Absolute PCL:** 15% 2. **BCPG Public Company Limited:** 12% 3. **Gulf Energy Development PCL:** 10% 4. **Banpu Power Public Company Limited:** 8% 5. **Ratch Group Public Co...

Is Absolute Clean Energy Public Company stock currently a good investment?

**Revenue growth:** 8.5% (2025) **Profit growth:** 10.2% (2025) **Market share in the renewable energy sector in Thailand:** 12% (2025) Absolute Clean Energy Public Company Limited (ACE) recorded a revenue growth of 8.5% and a profit growth of 10.2% in 2025. These positive growth rates indicate a s...

Does Absolute Clean Energy Public Company pay a dividend – and how reliable is the payout?

**Dividend Yield:** Estimate 2.5% (2026) Absolute Clean Energy Public Company Limited has distributed dividends in the past, with the dividend yield ranging from 2-3%. The reliability of the distribution depends on the financial stability and profits of the company. The company operates in the ren...

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Absolute Clean Energy Public Company Stock Value

Absolute Clean Energy Public Company Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the utilities sector (5Y.)

What does Absolute Clean Energy Public Company do?

Absolute Clean Energy Public Company Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Absolute Clean Energy Public Company Stock Value

Absolute Clean Energy Public Company Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the utilities sector (5Y.)

What does Absolute Clean Energy Public Company do?

Absolute Clean Energy Public Company Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.