บทวิเคราะห์ (Research)

SVI : Company Update - Cheapest in the sector We remain positive on SVI’s growth potential in 2025. The company could post the strongest revenue growth in sector, thanks to (1) the new order, and (2) strong demand from Bitcoin mining operators. However, the rapid appreciation of the THB in 3Q24 prompted us to trim FY24F/25F earnings by 6%/9%. Maintain BUY rating with a revised TP of Bt8.50. SVI is trading at the lowest P/E multiple among peers but offers stronger earnings growth prospects.