บทวิเคราะห์ (Research)

EPG is poised to benefit from projected strong investment in technology in the future, especially in AI and data centers. Prospects for ARK and EPP remain unclear but we project group earnings would start to recover in 1H25. Hence, the 50% drop in the share price recently is excessive. The counter is currently trading at only 8x PER (-2SD of mean multiple). We resume coverage of EPG with Bt5.70 TP (FY25F) and BUY recommendation.