CH. Karnchang Public Company Price Target | Analysis, Price & Growth Outlook

CH. Karnchang Public...

SET:CK

฿ 14,70

+ ฿0,20 (1,38%)

14,70 ฿

+฿0,20 (1,38%)

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

CH. Karnchang Public Company Stock Value

Analysts currently rate SET:CK as Buy.

Buy

CH. Karnchang Public Company Company Info

EPS Growth 5Y

-4,14%

Market Cap

฿24,70 B

Long-Term Debt

฿38,01 B

Quarterly earnings

05/15/2026 (E)

Dividend

฿0,51

Dividend Yield

3,45%

Founded

1972

Industry

Industrials

Country

Thailand

Website

CH. Karnchang Public Company

ISIN Number

TH0530010Z06

Website

http://www.ch-karnchang.co.th

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

฿20,70

40.82%

Last Update: 03/28/2026

Analysts: 10

Highest Price Target ฿23,70

Average Price Target ฿20,70

Lowest Price Target ฿18,50

In the last five quarters, CH. Karnchang Public Company’s Price Target has fallen from ฿28,25 to ฿22,68 - a -19,72% decrease. Seven analysts predict that CH. Karnchang Public Company’s share price will increase in the coming year, reaching ฿20,70. This would represent an increase of 40,82%.

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

What does CH. Karnchang Public Company do?

CH. Karnchang Public Company Limited is primarily engages in construction and provision of related services, alongside investments in infrastructure. Its extensive portfolio in the construction sector demonstrates a commitment to high-quality service and reliable project execution. The company aims to enhance its contributions to infrastructure development in the markets it serves while maintaining adherence to regulatory standards and environmental considerations. Business Segments The compan...

Business Segments

The company operates through two main segments: Construction Services and Investment in Infrastructure.

Construction Services

This segment comprises the various construction projects undertaken by the company, including civil engineering works, infrastructure projects, buildings, and utilities. The company employs a project-based model, where contract revenue is recognized as construction progresses. A key aspect of this segment is its relationship with government agencies, which constitute a significant portion of its clientele. The company has increasingly seen revenue growth in this segment due to the increasing demand for infrastructure as economies expand.

Investment in Infrastructure

This segment includes the company’s stakes in various infrastructure projects and entities that generate revenue through dividends and profit-sharing arrangements. This subdivision has allowed the company to diversify its income sources while ensuring steady financial performance. The strong performance in this segment is aided by a careful selection of profitable and sustainable projects. The company’s financial strategy involves retaining a balance between construction operations and steady income from its investments, enabling financial resilience.

Business Strategy

The company’s overarching strategy centers around sustainable growth, excellence, and customer-focused solutions. The company's strategic goals are driven by insights gathered from market analysis, understanding client needs, and adaptable project management practices.

A key pillar of the company’s strategy is investing in technology and innovation. This involves adopting modern construction methodologies, such as prefabrication and building information modeling (BIM), which enhance efficiency and accuracy. Furthermore, the company emphasizes on research and development to identify innovative materials and processes that can lead to cost savings and quality enhancements in projects.

The company also anticipates expansions in geographical markets, particularly where infrastructure development is gaining momentum. Such ventures would involve assessing potential projects and establishing partnerships with local entities to ensure compliance with regulations and understanding of the local context. By actively participating in public-private partnerships, the company seeks to play a significant role in major infrastructural projects.

Products and Services

The company offers a diverse range of products and services primarily focused on construction and infrastructural investment.

Construction Services: This encompasses civil engineering, structural works, and general contracting for various projects including residential, commercial, and industrial buildings. The company specializes in complex construction projects that demand technical expertise and project management proficiency.

Project Management and Consultancy: Leveraging its extensive industry experience, the company provides consulting services aimed at enhancing project execution strategies, cost estimates, and risk management.

Infrastructure Investment: Through its investment arm, the company engages in public infrastructure projects which include toll roads, bridges, power plants, and water management facilities. The focus on long-term investment aligns with the company's commitment to sustainable development.

Engineering and Design: Offering engineering design solutions, the company collaborates with clients to create custom designs tailored to project requirements, ensuring quality adherence, innovation, and compliance with regulatory standards.

Maintenance and Rehabilitation Services: Post-construction, the company provides maintenance services to ensure the longevity of structures, involving routine assessments and renovations as needed.

Geographical Markets Served

The company serves markets primarily in Thailand and the Lao People’s Democratic Republic. The dominant presence in these regions allows the company to leverage local knowledge and expertise in handling projects within the unique regulatory and cultural contexts.

Seasonality

The company’s operations can exhibit seasonality due to regional climatic conditions. Construction projects may face delays during rainy seasons affecting cash flow and project timelines. Adequate planning and scheduling are essential to mitigate potential impacts on operations, ensuring continuity and delivery on client commitments.

Customers

The company has a diverse customer base, spanning government agencies, private sector companies, and international partners. Major clients include government projects in construction services, public utilities, and infrastructure management.

Sales and Marketing

The company utilizes a robust marketing strategy that includes direct sales approaches and participation in industry expos and trade fairs. The company invests in building relationships with key stakeholders and clients through networking and partnerships. Additionally, leveraging digital marketing strategies helps the company reach a wider audience and establish an online presence for its services.

History

CH. Karnchang Public Company Limited was founded in 1972. The company was incorporated in 1994.

CH. Karnchang Public Company Questions and Answers

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

**Construction Industry:** approx. 70% **Energy Generation:** approx. 20% **Transport Infrastructure:** approx. 10% **TOP 3 Markets:** **Thailand:** approx. 60% **Laos:** approx. 25% **Myanmar:** approx. 15% CH. Karnchang Public Company Limited generates the majority of its revenue f...

At which locations are the company’s products manufactured?

**Production Sites:** Thailand CH. Karnchang Public Company Limited is a leading construction company in Thailand specializing in large infrastructure projects. The company does not produce physical products in the traditional sense, but offers construction and engineering services. The company&#03...

What strategy does CH. Karnchang Public Company pursue for future growth?

**Revenue Growth:** Estimated 10% annually (2026) **Investments in Infrastructure Projects:** 20 billion THB (2025) CH. Karnchang Public Company Limited is pursuing a growth strategy that strongly focuses on expanding in the infrastructure sector. The company is investing significantly in large inf...

Which raw materials are imported and from which countries?

**Main raw materials:** Steel, cement, copper **Import countries:** China, Japan, South Korea CH. Karnchang Public Company Limited is one of the leading construction companies in Thailand and requires a variety of raw materials for its projects. The most important imported materials include steel,...

How strong is the company’s competitive advantage?

**Market share in the construction industry in Thailand:** Approximately 10% (2025, estimate) **EBITDA margin:** 12.5% (2025) **Rank among the top construction companies in Thailand:** 3rd place (2025) CH. Karnchang Public Company Limited (SET:CK) is one of the leading construction companies in...

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

**Institutional Investor Share:** Estimated around 45-50% (2026) **Insider Buys/Sells:** No significant changes in the past year (2026) The institutional investor share in CH. Karnchang Public Company Limited is estimated to be between 45% and 50%. This estimate is based on typical shares for larg...

What percentage market share does CH. Karnchang Public Company have?

**Market share of CH. Karnchang Public Company Limited (CK):** Estimated 4% (2026) **Main competitors and their market shares:** 1. **Italian-Thai Development PCL (ITD):** 10% 2. **Sino-Thai Engineering & Construction PCL (STEC):** 8% 3. **Unique Engineering and Construction PCL (UNIQ):** 6% 4....

Is CH. Karnchang Public Company stock currently a good investment?

**Revenue Growth:** 8.5% (2025) **Profit Growth:** 10.2% (2025) **Backlog:** 150 billion THB (2025) CH. Karnchang Public Company Limited recorded solid revenue growth of 8.5% in 2025, attributed to strong demand in the construction and infrastructure sector. Profit growth was at 10.2%, indicating e...

Does CH. Karnchang Public Company pay a dividend – and how reliable is the payout?

**Dividend Yield:** 3.5% (estimated for 2026) **Dividend History:** Regular payouts in recent years CH. Karnchang Public Company Limited has regularly distributed dividends in the past, indicating a certain reliability in its dividend policy. The estimated dividend yield of 3.5% for 2026 suggests...

New support ticket

Explore

CH. Karnchang Public Company Stock Value

CH. Karnchang 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 industrials sector (5Y.)

What does CH. Karnchang Public Company do?

CH. Karnchang Public Company Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

CH. Karnchang Public Company Stock Value

CH. Karnchang 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 industrials sector (5Y.)

What does CH. Karnchang Public Company do?

CH. Karnchang 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.