บทวิเคราะห์ (Research)

OKJ : Earnings preview - Earnings to rise again in 4Q We maintain a BUY rating for OKJ with a target price of Bt17. Earnings growth should remain strong in 4Q24F (+75% yoy and +7% qoq to Bt64m), FY24F (+61% yoy), and over FY25-27F (25% CAGR). This would be driven by SSSG, branch expansion, and improving margins. The counter is currently trading at 28x 2025F PER but that should drop to 21x PER given the strong earnings growth.