Bangkok Commercial Asset Management Public Company Target Price for 2026

Bangkok Commercial A...

SET:BAM

฿ 7,25

฿-0,05 (-0,68%)

7,25 ฿

฿-0,05 (-0,68%)

End-of-day quote: 04/02/2026

Bangkok Commercial Asset Management Public Company Stock Value

According to analysts, the current valuation of SET:BAM is Outperform.

Outperform

Bangkok Commercial Asset Management Public Company Company Info

EPS Growth 5Y

-0,35%

Market Cap

฿23,59 B

Long-Term Debt

฿61,55 B

Quarterly earnings

05/12/2026

Dividend

฿0,50

Dividend Yield

6,85%

Founded

1998

Industry

Financials

Country

Thailand

Website

Bangkok Commercial Asset Management Public Company

ISIN Number

TH9479010000

Website

http://www.bam.co.th

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

฿8,40

15.86%

Last Update: 04/02/2026

Analysts: 8

Highest Price Target ฿9,50

Average Price Target ฿8,40

Lowest Price Target ฿6,50

In the last five quarters, Bangkok Commercial Asset Management Public Company’s Price Target has fallen from ฿11,32 to ฿10,19 - a -9,98% decrease. Five analysts predict that Bangkok Commercial Asset Management Public Company’s share price will increase in the coming year, reaching ฿8,40. This would represent an increase of 15,86%.

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

What does Bangkok Commercial Asset Management Public Company do?

Bangkok Commercial Asset Management Public Company Limited engages in asset management operations, with a particular emphasis on the acquisition and management of non-performing loans (NPLs) and non-performing assets (NPAs) from financial institutions. The company undertakes a range of activities, including debt negotiation, asset enhancement, and property sales. Its core business model is centered on maximizing returns for stakeholders through the strategic management of distressed assets and t...

Business Segments

The company primarily operates in the asset management sector with a narrow but focused scope emphasizing two main operational segments:

1. Non-performing loans (NPLs) Management

This segment involves the acquisition and management of non-performing loans from various financial institutions. The company employs robust debt negotiation strategies aimed at maintaining relationships with both debtors and creditors while working towards optimal recovery solutions. By restructuring these debts, the company seeks to maximize the collection of funds owed while minimizing losses. This operation enables the company to provide a vital service in the financial ecosystem, helping financial institutions reduce their burden of non-performing assets, and ensuring a smoother financial operation within the industry.

2. Non-performing assets (NPAs) Development

In this segment, the focus shifts to the acquisition and management of non-performing assets. These assets include properties obtained through debt settlements or auctions held by the Legal Execution Department. The company emphasizes adding value to these properties through renovation and enhancement efforts to bring them to a condition suitable for sale or rental to target customer segments. This approach not only assists in transforming distressed assets into valuable holdings but also significantly contributes to the company’s overall revenue generation and asset recovery efforts.

3. Others

These segments are supported by a range of associated services including market analysis, property valuation, and ongoing asset management strategies. The company is not only focused on immediate recovery; its long-term strategy includes ensuring that the assets managed are optimized to generate ongoing returns.

Business Strategy

The business strategy employed by the company is multifaceted, aiming to optimize its asset management capabilities while fostering long-term relationships with industry stakeholders. Central to the strategy is the objective of turning distressed assets into profitable investments. The company prioritizes acquiring undervalued or underperforming NPLs and NPAs, guided by market research and financial analysis to identify opportunities with high recovery potential.

Effective communication with debtor clients is also a critical component of its strategy. The company aims to facilitate negotiations that are amicable and beneficial for all parties involved, reducing the risk of default and enhancing recovery chances. In parallel, there is a commitment to continuous improvement in processes and operational efficiencies, ensuring that each investment aligns with the company's strategic goals and generates value.

The company additionally seeks to broaden its market reach by exploring diverse sectors within the real estate and financial markets.

Products and Services

The company offers a variety of products and services tailored to the needs of its clients, primarily focusing on distressed asset management. Key offerings include:

1. NPL Acquisition and Management

Providing comprehensive management solutions for NPLs acquired from financial institutions, helping clients recover outstanding debts through effective negotiation and rehabilitation strategies.

2. NPA Acquisition and Improvement

The company not only acquires NPAs but also invests in upgrading and developing these assets. This process often includes renovations and compliance adjustments to maximize property value before sale or lease, ensuring that the properties meet market demand.

3. Consultation Services

Advising financial institutions on asset management best practices and strategies for handling distressed loans and properties, allowing clients to navigate complex situations with expert guidance.

Overall, the alignment of products and services with client needs is a constant pursuit for the company, aimed at delivering the highest possible return on investment.

Geographical Markets Served

The company conducts its operations primarily in Thailand. The company has established itself as a leading player in the local asset management market, focusing on maximizing the value of distressed assets within this geographical area.

Seasonality

Seasonality is a pertinent factor in the operations of the company, particularly in the context of real estate and financial assets, which can be influenced by economic conditions and market trends. Certain periods, such as year-end financial assessments, may lead to increased opportunities for acquiring NPLs as institutions seek to clean their books. Conversely, property sales can experience fluctuations based on seasonal demand, which impacts the timing and effectiveness of asset recovery strategies.

Customers Names

The company services a diverse range of clients, predominantly within Thailand's financial sector, including banks and financial institutions looking to offload NPLs and NPAs.

Modes of Sales and Marketing/Marketing/Distribution Channels

Sales and marketing strategies employed by the company include direct engagement with financial institutions and targeted marketing campaigns focused on educating potential clients about the benefits of its asset management services. The company utilizes modern digital marketing techniques alongside traditional networking within the finance and real estate sectors to establish brand presence and credibility.

The company also engages in partnerships and collaborations with relevant stakeholders, enhancing its distribution channels and creating avenues for mutually beneficial transactions.

History

Bangkok Commercial Asset Management Public Company Limited was founded in 1998.

Bangkok Commercial Asset Management Public Company Questions and Answers

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

**Main Industry:** Financial Services **TOP 3 Markets:** 1. Thailand: approx. 75% 2. ASEAN Region (excluding Thailand): approx. 15% 3. International Markets: approx. 10% Bangkok Commercial Asset Management Public Company Limited (BAM) is mainly active in the field of financial services, par...

At which locations are the company’s products manufactured?

**Production:** No physical production Bangkok Commercial Asset Management Public Company Limited (BAM) is a company specializing in the management of non-performing loans and real estate. Since BAM does not produce physical products, there are no production facilities. The company focuses on finan...

What strategy does Bangkok Commercial Asset Management Public Company pursue for future growth?

**Strategy for Future Growth:** 1. **Portfolio Expansion:** BAM plans to further expand its portfolio of non-performing loans (NPLs) and real estate to capitalize on the increasing demand for asset management services in Thailand. 2. **Digitalization:** The company is investing in digital platform...

Which raw materials are imported and from which countries?

**Current data not available.** Bangkok Commercial Asset Management Public Company Limited (BAM) is a company specializing in the management of distressed loans and real estate. As such, BAM does not import raw materials or materials, as its business model is primarily based on financial services a...

How strong is the company’s competitive advantage?

**Market share:** 25% (estimated, 2026) **Return on Equity (ROE):** 10.5% (2025) Bangkok Commercial Asset Management Public Company Limited (BAM) has a significant competitive advantage in the non-performing loans (NPLs) sector in Thailand. With an estimated market share of 25%, BAM is one of the...

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

**Institutional Investor Share:** Approximately 60% (estimated for 2026 based on previous trends) **Insider Purchases/Sales:** No significant transactions reported in the last year The institutional investor share in Bangkok Commercial Asset Management Public Company Limited (BAM) is estimated to...

What percentage market share does Bangkok Commercial Asset Management Public Company have?

**Market share of BAM:** Estimated 18% (2026) **Main competitors and their market shares:** 1. **Bangkok Commercial Asset Management Public Company Limited (BAM):** 18% 2. **Sukhumvit Asset Management Co., Ltd.:** 15% 3. **Thai Asset Management Corporation (TAMC):** 12% 4. **Krungthai Asset Managem...

Is Bangkok Commercial Asset Management Public Company stock currently a good investment?

**Revenue Growth:** 8.5% (2025) **Profit Growth:** 10.2% (2025) **Return on Equity:** 12.4% (2025) Bangkok Commercial Asset Management Public Company Limited (BAM) recorded solid revenue growth of 8.5% in 2025, attributed to effective management of distressed assets and improved efficiency in their...

Does Bangkok Commercial Asset Management Public Company pay a dividend – and how reliable is the payout?

**Dividend Yield:** 4.5% (estimated for 2026) **Dividend History:** Regular payouts in recent years Bangkok Commercial Asset Management Public Company Limited (SET:BAM) has regularly distributed dividends to its shareholders in recent years. The dividend yield is estimated to be around 4.5% for 2...

New support ticket

Explore

Bangkok Commercial Asset Management Public Company Stock Value

Bangkok Commercial Asset Management 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 financials sector (5Y.)

What does Bangkok Commercial Asset Management Public Company do?

Bangkok Commercial Asset Management Public Company Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Bangkok Commercial Asset Management Public Company Stock Value

Bangkok Commercial Asset Management 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 financials sector (5Y.)

What does Bangkok Commercial Asset Management Public Company do?

Bangkok Commercial Asset Management 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.