New Risk • May 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿480.0m market cap, or US$14.7m). Reported Earnings • May 18
First quarter 2026 earnings released: EPS: ฿0.017 (vs ฿0.018 in 1Q 2025) First quarter 2026 results: EPS: ฿0.017 (down from ฿0.018 in 1Q 2025). Revenue: ฿319.5m (down 18% from 1Q 2025). Net income: ฿10.0m (down 5.9% from 1Q 2025). Profit margin: 3.1% (up from 2.8% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Board Change • May 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 8 highly experienced directors. Director Soontaree Chittham was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 22
Upcoming dividend of ฿0.04 per share Eligible shareholders must have bought the stock before 29 April 2026. Payment date: 18 May 2026. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 5.6%. Lower than top quartile of Thai dividend payers (7.4%). Higher than average of industry peers (4.6%). Reported Earnings • Mar 02
Full year 2025 earnings released: EPS: ฿0.06 (vs ฿0.04 in FY 2024) Full year 2025 results: EPS: ฿0.06 (up from ฿0.04 in FY 2024). Revenue: ฿1.36b (down 10% from FY 2024). Net income: ฿37.6m (up 57% from FY 2024). Profit margin: 2.8% (up from 1.6% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Declared Dividend • Mar 02
Dividend increased to ฿0.04 Dividend of ฿0.04 is 50% higher than last year. Ex-date: 29th April 2026 Payment date: 18th May 2026 Dividend yield will be 6.3%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (50% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 1.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Ankündigung • Feb 27
Autocorp Holding Public Company Limited announces Annual dividend, payable on May 18, 2026 Autocorp Holding Public Company Limited announced Annual dividend of THB 0.0400 per share payable on May 18, 2026, ex-date on April 29, 2026 and record date on April 30, 2026. Ankündigung • Feb 26
Autocorp Holding Public Company Limited, Annual General Meeting, Apr 22, 2026 Autocorp Holding Public Company Limited, Annual General Meeting, Apr 22, 2026, at 10:00 SE Asia Standard Time. Reported Earnings • Nov 12
Third quarter 2025 earnings released: EPS: ฿0.013 (vs ฿0.007 in 3Q 2024) Third quarter 2025 results: EPS: ฿0.013 (up from ฿0.007 in 3Q 2024). Revenue: ฿306.6m (down 13% from 3Q 2024). Net income: ฿7.74m (up 76% from 3Q 2024). Profit margin: 2.5% (up from 1.2% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. New Risk • Oct 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (฿360.0m market cap, or US$11.1m). Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: ฿0.01 (vs ฿0.009 in 2Q 2024) Second quarter 2025 results: EPS: ฿0.01 (up from ฿0.009 in 2Q 2024). Revenue: ฿310.3m (down 17% from 2Q 2024). Net income: ฿6.41m (up 24% from 2Q 2024). Profit margin: 2.1% (up from 1.4% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Reported Earnings • May 09
First quarter 2025 earnings released: EPS: ฿0.02 (vs ฿0.012 in 1Q 2024) First quarter 2025 results: EPS: ฿0.02 (up from ฿0.012 in 1Q 2024). Revenue: ฿387.5m (down 11% from 1Q 2024). Net income: ฿10.7m (up 51% from 1Q 2024). Profit margin: 2.8% (up from 1.6% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. New Risk • May 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (฿450.0m market cap, or US$13.7m). Upcoming Dividend • Apr 29
Upcoming dividend of ฿0.027 per share Eligible shareholders must have bought the stock before 06 May 2025. Payment date: 20 May 2025. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Thai dividend payers (7.9%). In line with average of industry peers (3.6%). Ankündigung • Apr 24
Autocorp Holding Public Company Limited Approves Dividend for the Year Ended 31 December 2024, Payment Commence Within 20 May 2025 Autocorp Holding Public Company Limited at its AGM held on 23 April 2025, approved approved the payment of dividend to the shareholders whose names appear in the share register book
at the Record Date for which the shareholders had the right to receive dividend, on 7 May 2025. The dividends shall be paid from the net profit and retained earnings of the Company at the rate of THB 0.0266 per share, which is equal to 234.13% of the net profit of the Company's Separate Financial Statements for the year ended 31 December 2024. The total amount of dividend is THB16,000,000 and the dividend payment will commence within 20 May 2025. New Risk • Mar 05
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿444.0m market cap, or US$13.2m). Declared Dividend • Feb 28
Dividend increased to ฿0.027 Dividend of ฿0.027 is 100% higher than last year. Ex-date: 6th May 2025 Payment date: 20th May 2025 Dividend yield will be 3.5%, which is higher than the industry average of 2.5%. Payout Ratios Payout ratio: 41%. Cash payout ratio: 6%. Ankündigung • Feb 28
Autocorp Holding Public Company Limited, Annual General Meeting, Apr 23, 2025 Autocorp Holding Public Company Limited, Annual General Meeting, Apr 23, 2025, at 10:00 SE Asia Standard Time. Reported Earnings • Feb 27
Full year 2024 earnings released: EPS: ฿0.04 (vs ฿0.029 in FY 2023) Full year 2024 results: EPS: ฿0.04 (up from ฿0.029 in FY 2023). Revenue: ฿1.51b (down 17% from FY 2023). Net income: ฿23.9m (up 38% from FY 2023). Profit margin: 1.6% (up from 1.0% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 14
Third quarter 2024 earnings released: EPS: ฿0.007 (vs ฿0.003 in 3Q 2023) Third quarter 2024 results: EPS: ฿0.007 (up from ฿0.003 in 3Q 2023). Revenue: ฿353.0m (down 17% from 3Q 2023). Net income: ฿4.41m (up 159% from 3Q 2023). Profit margin: 1.2% (up from 0.4% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to ฿1.14, the stock trades at a trailing P/E ratio of 41x. Average trailing P/E is 21x in the Specialty Retail industry in Thailand. Total loss to shareholders of 57% over the past three years. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: ฿0.01 (vs ฿0.01 in 2Q 2023) Second quarter 2024 results: EPS: ฿0.01 (in line with 2Q 2023). Revenue: ฿373.6m (down 19% from 2Q 2023). Net income: ฿5.16m (down 13% from 2Q 2023). Profit margin: 1.4% (up from 1.3% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year whereas the company’s share price has fallen by 29% per year. Reported Earnings • May 16
First quarter 2024 earnings released: EPS: ฿0.01 (vs ฿0.012 in 1Q 2023) First quarter 2024 results: EPS: ฿0.01. Revenue: ฿435.9m (down 11% from 1Q 2023). Net income: ฿7.05m (up 2.2% from 1Q 2023). Profit margin: 1.6% (up from 1.4% in 1Q 2023). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ฿1.41, the stock trades at a trailing P/E ratio of 48.9x. Average trailing P/E is 21x in the Specialty Retail industry in Thailand. Total loss to shareholders of 50% over the past three years. Ankündigung • Apr 26
Autocorp Holding Public Company Limited Approves the Payment of Dividend for the Year Ended 31 December 2023, Payment Will Commence Within 21 May 2024 Autocorp Holding Public Company Limited at the AGM held on April 24, 2024, approved the payment of dividend to the shareholders whose names appear in the share register book at the Record Date for which the shareholders have the right to receive dividend, i.e. on 3 May 2024. The dividends shall be paid from the net profit of the Company at the rate of THB 0.0133 per share, which is equal to 44.03% of the net profit of the Company's Separate Financial Statements for the year ended 31 December 2023. The total amount of dividend is THB 8,000,000 and the dividend payment will commence within 21 May 2024. Upcoming Dividend • Apr 25
Upcoming dividend of ฿0.013 per share Eligible shareholders must have bought the stock before 02 May 2024. Payment date: 21 May 2024. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Thai dividend payers (6.0%). Lower than average of industry peers (2.8%). New Risk • Apr 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (฿732.0m market cap, or US$19.8m). Ankündigung • Mar 29
Autocorp Holding Public Company Limited, Annual General Meeting, Apr 24, 2024 Autocorp Holding Public Company Limited, Annual General Meeting, Apr 24, 2024, at 10:00 SE Asia Standard Time. Declared Dividend • Feb 23
Dividend of ฿0.013 announced Dividend of ฿0.013 is the same as last year. Ex-date: 2nd May 2024 Payment date: 21st May 2024 Dividend yield will be 1.0%, which is lower than the industry average of 2.5%. Payout Ratios Payout ratio: 46%. Cash payout ratio: 23%. Reported Earnings • Feb 22
Full year 2023 earnings released: EPS: ฿0.029 (vs ฿0.026 in FY 2022) Full year 2023 results: EPS: ฿0.029 (up from ฿0.026 in FY 2022). Revenue: ฿1.82b (up 1.5% from FY 2022). Net income: ฿17.3m (up 9.5% from FY 2022). Profit margin: 1.0% (up from 0.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Ankündigung • Feb 22
Autocorp Holding Public Company Limited Proposes Annual Dividend for the Year 2023, Payable on May 21, 2024 Autocorp Holding Public Company Limited announced that at its board meeting held on February 20, 2024, the meeting approved and resolved for further shareholders' approval, the appropriation of profit and the annual dividend for the year 2023 (the dividend) of THB 0. 0133 per share from the net profit for the year of 2023. The details are as follows: 5% Legal reserve equivalent to THB 910,000; Dividend for the year of 2023 in the rate of THB 0. 0133 per share is from the net profit for the year 2023. The total payment of Dividend THB 8.00 million, which is equal to 44.03% of net profit. The record date for the right to receive dividend is confirmed on May 3, 2024. The date of dividend payment is confirmed on May 21, 2024. (However, the right to receive Dividend, as the case may be, is uncertain as the case may be, is uncertain as it has not yet been approved by the Annual General Meeting of shareholders to be held on April 24, 2024). Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: ฿0.003 (vs ฿0.009 in 3Q 2022) Third quarter 2023 results: EPS: ฿0.003 (down from ฿0.009 in 3Q 2022). Revenue: ฿423.1m (up 5.4% from 3Q 2022). Net income: ฿1.70m (down 67% from 3Q 2022). Profit margin: 0.4% (down from 1.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. New Risk • Nov 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Shareholders have been diluted in the past year (4.0% increase in shares outstanding). Market cap is less than US$100m (฿792.5m market cap, or US$22.3m). Ankündigung • Oct 06
Autocorp Holding Public Company Limited Announces Changed Information of CFO Autocorp Holding Public Company Limited announced Changed information of CFO. Name: Miss Phakthinun Sophonthitivej. Position of CFO: Chief Financial Officer. New Risk • Aug 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (4.0% increase in shares outstanding). Market cap is less than US$100m (฿967.2m market cap, or US$27.4m). Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.007 in 2Q 2022) Second quarter 2023 results: EPS: ฿0.01 (up from ฿0.007 in 2Q 2022). Revenue: ฿459.7m (up 2.6% from 2Q 2022). Net income: ฿5.93m (up 33% from 2Q 2022). Profit margin: 1.3% (up from 1.0% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Reported Earnings • May 13
First quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.012 in 1Q 2022) First quarter 2023 results: EPS: ฿0.01 (down from ฿0.012 in 1Q 2022). Revenue: ฿486.8m (down 5.9% from 1Q 2022). Net income: ฿6.90m (down 4.7% from 1Q 2022). Profit margin: 1.4% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Upcoming Dividend • Apr 26
Upcoming dividend of ฿0.013 per share at 0.8% yield Eligible shareholders must have bought the stock before 03 May 2023. Payment date: 22 May 2023. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Thai dividend payers (6.2%). Lower than average of industry peers (2.3%). Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Weerachai Ngamdeevilaisak was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 12
Third quarter 2022 earnings released: EPS: ฿0.01 (vs ฿0.011 in 3Q 2021) Third quarter 2022 results: EPS: ฿0.01 (down from ฿0.011 in 3Q 2021). Revenue: ฿401.4m (up 6.1% from 3Q 2021). Net income: ฿5.21m (down 16% from 3Q 2021). Profit margin: 1.3% (down from 1.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: ฿0.007 (vs ฿0.012 in 2Q 2021) Second quarter 2022 results: EPS: ฿0.007 (down from ฿0.012 in 2Q 2021). Revenue: ฿448.1m (up 7.0% from 2Q 2021). Net income: ฿4.46m (down 39% from 2Q 2021). Profit margin: 1.0% (down from 1.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Reported Earnings • May 13
First quarter 2022 earnings: EPS in line with expectations, revenues disappoint First quarter 2022 results: EPS: ฿0.01 (down from ฿0.014 in 1Q 2021). Revenue: ฿517.2m (up 16% from 1Q 2021). Net income: ฿7.25m (down 16% from 1Q 2021). Profit margin: 1.4% (down from 1.9% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Upcoming Dividend • Apr 28
Upcoming dividend of ฿0.013 per share Eligible shareholders must have bought the stock before 05 May 2022. Payment date: 25 May 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Thai dividend payers (5.1%). Lower than average of industry peers (1.6%). Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Weerachai Ngamdeevilaisak was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Feb 25
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: ฿0.05 (down from ฿0.058 in FY 2020). Revenue: ฿1.73b (down 17% from FY 2020). Net income: ฿28.0m (down 20% from FY 2020). Profit margin: 1.6% (down from 1.7% in FY 2020). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS ฿0.01 (vs ฿0.011 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: ฿378.4m (down 12% from 3Q 2020). Net income: ฿6.16m (down 5.5% from 3Q 2020). Profit margin: 1.6% (up from 1.5% in 3Q 2020). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improved over the past week After last week's 16% share price gain to ฿2.68, the stock trades at a trailing P/E ratio of 49x. Average trailing P/E is 34x in the Specialty Retail industry in Thailand. Total returns to shareholders of 122% over the past year. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ฿2.36, the stock trades at a trailing P/E ratio of 55.1x. Average forward P/E is 27x in the Specialty Retail industry in Thailand. Total returns to shareholders of 110% over the past year. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 17% share price gain to ฿3.32, the stock trades at a trailing P/E ratio of 77.6x. Average forward P/E is 28x in the Specialty Retail industry in Thailand. Total returns to shareholders of 246% over the past year. Reported Earnings • May 12
First quarter 2021 earnings released: EPS ฿0.01 (vs ฿0.03 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿447.7m (down 43% from 1Q 2020). Net income: ฿8.64m (down 51% from 1Q 2020). Profit margin: 1.9% (down from 2.3% in 1Q 2020). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improved over the past week After last week's 37% share price gain to ฿3.42, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 30x in the Specialty Retail industry in Thailand. Total returns to shareholders of 385% over the past year. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improved over the past week After last week's 18% share price gain to ฿2.00, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 29x in the Specialty Retail industry in Thailand. Total returns to shareholders of 160% over the past year. Upcoming Dividend • Apr 19
Upcoming dividend of ฿0.04 per share Eligible shareholders must have bought the stock before 26 April 2021. Payment date: 18 May 2021. Trailing yield: 2.1%. Lower than top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (1.2%). Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 17% share price gain to ฿1.73, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 30x in the Specialty Retail industry in Thailand. Total returns to shareholders of 134% over the past year. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 23% share price gain to ฿1.52, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 30x in the Specialty Retail industry in Thailand. Total returns to shareholders of 113% over the past year. Is New 90 Day High Low • Mar 01
New 90-day high: ฿1.29 The company is up 3.0% from its price of ฿1.25 on 01 December 2020. The Thai market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 8.0% over the same period. Reported Earnings • Feb 24
Full year 2020 earnings released: EPS ฿0.06 (vs ฿0.10 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: ฿2.08b (down 34% from FY 2019). Net income: ฿34.8m (down 34% from FY 2019). Profit margin: 1.7% (in line with FY 2019). Analyst Estimate Surprise Post Earnings • Feb 24
Revenue behind estimates Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 13%, compared to a 13% growth forecast for the Specialty Retail industry in Thailand. Is New 90 Day High Low • Dec 21
New 90-day low: ฿1.14 The company is down 7.0% from its price of ฿1.22 on 22 September 2020. The Thai market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 2.0% over the same period. Reported Earnings • Nov 12
Third quarter 2020 earnings released: EPS ฿0.01 The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2020 results: Revenue: ฿428.9m (down 42% from 3Q 2019). Net income: ฿6.52m (down 16% from 3Q 2019). Profit margin: 1.5% (up from 1.0% in 3Q 2019). The increase in margin was driven by lower expenses. Is New 90 Day High Low • Sep 24
New 90-day high: ฿1.38 The company is up 22% from its price of ฿1.13 on 25 June 2020. The Thai market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 6.0% over the same period.