On 25 December 2024, Pluk Phak Praw Rak Mae Public Company Limited (SET: OKJ) ‘s share price at 11:30 was THB 15.70, or a 7.53% increase. The highest level in the morning session was THB 15.70 and the lowest was at THB 14.90, with a trading value of THB 120 million.
Krungsri Securities said in the analysis on 25 December that OKJ is Thailand’s No.1 organic food and beverage producer, with strong expertise and supply chain driving the rapid expansion of branches such as new brands like Oh! Juice, Ohkajhu Wrap. The company is also exploring new ways of selling new products.
Experts have forecast a 3-year CAGR (2025-2027) of 25% for OKJ’s bottomline, supported by 19% revenue growth from same-store sale growth, branch expansion, brand expansion, and improving company margins.
Currently, the company has a P/E trading ratio of 25 times in 2025 and is expecting the P/E ratio to decrease to 19 times in 2026 when the revenue recognition becomes more apparent. As such, brokers suggest “Buy” at a target price of THB 17.
