View ValuationSCG Decor 将来の成長Future 基準チェック /16SCG Decor利益と収益がそれぞれ年間10.1%と4.9%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に6.3% 9.9%なると予測されています。主要情報10.1%収益成長率9.87%EPS成長率Building 収益成長20.6%収益成長率4.9%将来の株主資本利益率6.32%アナリストカバレッジLow最終更新日28 Apr 2026今後の成長に関する最新情報Major Estimate Revision • Apr 11Consensus revenue estimates fall by 17%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ฿25.1b to ฿20.8b. EPS estimate fell from ฿0.697 to ฿0.57 per share. Net income forecast to grow 1.2% next year vs 23% growth forecast for Building industry in Thailand. Consensus price target down from ฿6.40 to ฿6.23. Share price was steady at ฿4.90 over the past week.Major Estimate Revision • Oct 10Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ฿27.0b to ฿24.3b. EPS estimate unchanged at ฿0.62 per share. Net income forecast to grow 54% next year vs 31% growth forecast for Building industry in Thailand. Consensus price target broadly unchanged at ฿6.40. Share price was steady at ฿4.88 over the past week.すべての更新を表示Recent updatesReported Earnings • May 14First quarter 2026 earnings released: EPS: ฿0.15 (vs ฿0.13 in 1Q 2025)First quarter 2026 results: EPS: ฿0.15 (up from ฿0.13 in 1Q 2025). Revenue: ฿5.55b (down 6.8% from 1Q 2025). Net income: ฿246.3m (up 14% from 1Q 2025). Profit margin: 4.4% (up from 3.6% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Building industry in Asia.Major Estimate Revision • Apr 11Consensus revenue estimates fall by 17%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ฿25.1b to ฿20.8b. EPS estimate fell from ฿0.697 to ฿0.57 per share. Net income forecast to grow 1.2% next year vs 23% growth forecast for Building industry in Thailand. Consensus price target down from ฿6.40 to ฿6.23. Share price was steady at ฿4.90 over the past week.Upcoming Dividend • Mar 20Upcoming dividend of ฿0.19 per shareEligible shareholders must have bought the stock before 27 March 2026. Payment date: 20 April 2026. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 7.5%. Within top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (6.7%).お知らせ • Jan 28SCG Decor Public Company Limited Announces Board Changes, Effective January 26, 2026SCG Decor Public Company Limited announced that the Board of Directors Meeting on January 26, 2026 has resolved to appoint Mr. Chaovalit Ekabut, Director, as an independent director. As a result, the title of Mr. Chaovalit Ekabut on SCGD's Board of Directors will be changed from "Director" to "Independent Director", effective from January 26, 2026. Mr. Chaovalit Ekabut is fully qualified as independent director according to the Notification of the Capital Market Supervisory Board No. TorJor. 39/2559 Re: Application and Approval for the Offering for Sale of New Shares and SCGD's own qualifications of independent directors. In addition, the Board of Directors Meeting resolved to cancel the position of Lead Independent Director, effective from the date of the resolution. Therefore, the name and title of SCGD's directors after the change is: Mr. Lucksananoi Punkrasamee- Independent Director, Chairman of the Audit and Risk Management Committee.Declared Dividend • Jan 28Final dividend of ฿0.19 announcedShareholders will receive a dividend of ฿0.19. Ex-date: 27th March 2026 Payment date: 20th April 2026 Dividend yield will be 6.9%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (50% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jan 27Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ฿0.56 (up from ฿0.49 in FY 2024). Revenue: ฿22.7b (down 11% from FY 2024). Net income: ฿931.8m (up 15% from FY 2024). Profit margin: 4.1% (up from 3.2% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.5%. Earnings per share (EPS) also missed analyst estimates by 9.7%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Building industry in Asia.お知らせ • Jan 27+ 1 more updateScg Decor Public Company Limited Proposes Dividend for the Year 2025, Payable on April 20, 2026SCG Decor Public Company Limited proposed for approval approval at the Annual General Meeting of Shareholders the dividend payment for 2025 at the rate of THB 0.34 per share, totaling THB 561 million, accounting for 60% of profit for the year on the consolidated financial statements, which is an increase of 19% from the dividend payment for 2024, which was paid at the rate of 41% of profit for the year, and conforming to the Company's dividend payment policy. Of this amount, THB 0.15 per share, totaling THB 247.5 million was paid as an interim dividend on Wednesday, August 27, 2025. The final dividend shall be payable at THB 0.19 per share, totaling THB 313.5 million. Such dividend payment was derived from the profit which was subject to corporate income tax of 20%. Therefore, a natural person shareholder shall be entitled to a tax credit1 equal to the product of dividend times 20/80. The said dividend payment shall be payable to the shareholders entitled to receive dividend in accordance with the Company's Articles of Association, of record as of March 30, 2026 (The Stock Exchange of Thailand shall post the "XD" sign or the date on which the buyer of securities shall have no rights to receive dividend on March 27, 2026). The dividend shall be payable on April 20, 2026, and the receipt of such dividend shall be within 10 years.Reported Earnings • Oct 28Third quarter 2025 earnings released: EPS: ฿0.18 (vs ฿0.12 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.18 (up from ฿0.12 in 3Q 2024). Revenue: ฿5.64b (down 9.6% from 3Q 2024). Net income: ฿304.4m (up 61% from 3Q 2024). Profit margin: 5.4% (up from 3.0% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Building industry in Asia.Major Estimate Revision • Oct 10Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ฿27.0b to ฿24.3b. EPS estimate unchanged at ฿0.62 per share. Net income forecast to grow 54% next year vs 31% growth forecast for Building industry in Thailand. Consensus price target broadly unchanged at ฿6.40. Share price was steady at ฿4.88 over the past week.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿4.74, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 16x in the Building industry in Asia. Total loss to shareholders of 26% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ฿3.60 per share.Buy Or Sell Opportunity • Jul 31Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to ฿4.64. The fair value is estimated to be ฿3.66, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last year. Meanwhile, the company has become profitable. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 85% in the next 2 years.Reported Earnings • Jul 30Second quarter 2025 earnings released: EPS: ฿0.13 (vs ฿0.17 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.13 (down from ฿0.17 in 2Q 2024). Revenue: ฿5.77b (down 12% from 2Q 2024). Net income: ฿222.6m (down 22% from 2Q 2024). Profit margin: 3.9% (down from 4.3% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Building industry in Asia.New Risk • Jul 22New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.0% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 25First quarter 2025 earnings released: EPS: ฿0.13 (vs ฿0.16 in 1Q 2024)First quarter 2025 results: EPS: ฿0.13 (down from ฿0.16 in 1Q 2024). Revenue: ฿5.96b (down 12% from 1Q 2024). Net income: ฿216.7m (down 16% from 1Q 2024). Profit margin: 3.6% (down from 3.8% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Building industry in Asia.Buy Or Sell Opportunity • Apr 17Now 21% overvaluedOver the last 90 days, the stock has fallen 10% to ฿4.00. The fair value is estimated to be ฿3.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.5% over the last 3 years. Earnings per share has grown by 54%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.お知らせ • Mar 25SCG Decor Public Company Limited Approves Final Dividend Payment for 2024, Payable on April 23, 2025SCG Decor Public Company Limited at its AGM held on March 24, 2025 has approved the profit allocation for the 2024 dividend payment at a rate of THB 0.20 per share, totaling THB 330 million. An interim dividend of THB 0.10 per share, totaling THB 165 million, was already paid on August 2, 2024. The final dividend of THB 0.10 per share, totaling THB 165 million, will be payable to shareholders recorded as of April 1, 2025. The ex-dividend date is March 31, 2025, and the payment date is set for April 23, 2025. The dividend payment is derived from profit subject to a 20% corporate income tax, allowing natural person shareholders a tax credit equal to the product of the dividend times 20/80.Upcoming Dividend • Mar 24Upcoming dividend of ฿0.10 per shareEligible shareholders must have bought the stock before 31 March 2025. Payment date: 23 April 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Thai dividend payers (7.6%). In line with average of industry peers (5.2%).Buy Or Sell Opportunity • Mar 05Now 23% overvaluedOver the last 90 days, the stock has fallen 27% to ฿4.06. The fair value is estimated to be ฿3.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.5% over the last 3 years. Earnings per share has grown by 54%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.Declared Dividend • Jan 31Dividend of ฿0.10 announcedShareholders will receive a dividend of ฿0.10. Ex-date: 31st March 2025 Payment date: 23rd April 2025 Dividend yield will be 4.7%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (30% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jan 29SCG Decor Public Company Limited Proposes Dividend for the Year 2024, Payable on April 23, 2025SCG Decor Public Company Limited proposed for approval at the Annual General Meeting of Shareholders the dividend payment for 2024 at the rate of THB 0.20 share, totaling THB 330 million, accounting for 41% of profit for the year on the consolidated financial statements and conforming to the Company's dividend payment policy. Of this amount, THB 0.10 share, totaling THB 165 million was paid as an interim dividend on August 22, 2024. The final dividend shall be payable at THB 0.10 share, totaling THB 165 million. Such dividend payment was derived from the profit which was subject to corporate income tax of 20%. Therefore, a natural person shareholder shall be entitled to a tax credit1 equal to the product of dividend times 20/80. The said dividend payment shall be payable to the shareholders entitled to receive dividend in accordance with the Company's Articles of Association, of record as of Tuesday, April 1, 2025 (The Stock Exchange of Thailand shall post the "XD" sign or the date on which the buyer of securities shall have no rights to receive dividend on Monday, March 31, 2025). The dividend shall be payable on Wednesday, April 23, 2025, and the receipt of such dividend shall be within 10 years, at the AGM to be held on March 24, 2025.Reported Earnings • Jan 29Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: ฿0.49 (up from ฿0.28 in FY 2023). Revenue: ฿25.6b (down 9.7% from FY 2023). Net income: ฿809.9m (up 147% from FY 2023). Profit margin: 3.2% (up from 1.2% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Building industry in Asia.お知らせ • Jan 29SCG Decor Public Company Limited, Annual General Meeting, Mar 24, 2025SCG Decor Public Company Limited, Annual General Meeting, Mar 24, 2025, at 14:30 SE Asia Standard Time. Location: electronics meeting (e-meetings), ThailandReported Earnings • Oct 30Third quarter 2024 earnings released: EPS: ฿0.11 (vs ฿0.19 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.11 (down from ฿0.19 in 3Q 2023). Revenue: ฿6.24b (down 13% from 3Q 2023). Net income: ฿189.0m (down 17% from 3Q 2023). Profit margin: 3.0% (down from 3.2% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Building industry in Asia.Upcoming Dividend • Jul 29Upcoming dividend of ฿0.10 per shareEligible shareholders must have bought the stock before 05 August 2024. Payment date: 22 August 2024. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 47%. Within top quartile of Thai dividend payers (6.8%). Higher than average of industry peers (15%).Reported Earnings • Jul 24Second quarter 2024 earnings released: EPS: ฿0.17 (vs ฿0.12 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.17 (up from ฿0.12 in 2Q 2023). Revenue: ฿6.57b (down 7.0% from 2Q 2023). Net income: ฿283.9m (up 109% from 2Q 2023). Profit margin: 4.3% (up from 1.9% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Building industry in Asia.お知らせ • Jul 23+ 1 more updateSCG Decor Public Company Limited Announces Interim Dividend for the Operating Period from 01 January 2024 to 30 June 2024, Payable on 22 August 2024SCG Decor Public Company Limited announced Interim dividend payment of THB 0.10 per share for the Operating period from 01 January 2024 to 30 June 2024. Record date for the right to receive dividends is 06 August 2024. Ex-dividend date is 05 August 2024. Payment date is 22 August 2024. Date of Board resolution is 23 July 2024.Reported Earnings • Apr 23First quarter 2024 earnings released: EPS: ฿0.16 (vs ฿0.19 loss in 1Q 2023)First quarter 2024 results: EPS: ฿0.16 (up from ฿0.19 loss in 1Q 2023). Revenue: ฿6.78b (down 6.6% from 1Q 2023). Net income: ฿257.4m (up ฿439.7m from 1Q 2023). Profit margin: 3.8% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Building industry in Asia.Reported Earnings • Jan 25Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: ฿0.28 (up from ฿5.32 loss in FY 2022). Revenue: ฿28.3b (down 20% from FY 2022). Net income: ฿327.7m (up ฿748.8m from FY 2022). Profit margin: 1.2% (up from net loss in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Building industry in Asia.お知らせ • Jan 23SCG Decor Public Company Limited Proposes Dividend Payment for 2023, Payable on April 22, 2024SCG Decor Public Company Limited proposed for approval at the Annual General Meeting of Shareholders the dividend payment for 2023 at the rate of THB 0.15 per share, totaling THB 247.5 million, accounting for 47% of the consolidated net profit for the year excluding the loss on disposal of investment in subsidiaries as a part of the restructuring less legal reserve, derived from the profits. The said dividend payment shall be payable to the shareholders entitled to receive dividend in accordance with the Company's Articles of Association, of record as of April 2, 2024 (The Stock Exchange of Thailand shall post the "XD" sign or the date on which the buyer of securities shall have no rights to receive dividend on April 1, 2024). The dividend shall be payable on April 22, 2024, and the receipt of such dividend shall be within 10 years.業績と収益の成長予測SET:SCGD - アナリストの将来予測と過去の財務データ ( )THB Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202825,7271,2665442,897212/31/202724,5761,2314432,743312/31/202624,0821,1173852,27823/31/202622,2689612,1423,175N/A12/31/202522,6769322,3413,369N/A9/30/202523,3468232,2133,620N/A6/30/202523,9447081,5103,281N/A3/31/202524,7397691,0412,956N/A12/31/202425,5638101,0633,110N/A9/30/202426,3888761,0853,018N/A6/30/202427,3389151,7633,484N/A3/31/202427,8327672,1413,821N/A12/31/202328,3123281,7523,494N/A9/30/202329,525-7941,2392,896N/A6/30/202331,974-6561571,998N/A3/31/202334,028-651-4921,579N/A12/31/202235,228-4214902,103N/A12/31/202131,0233219662,025N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: SCGDの予測収益成長率 (年間10.1% ) は 貯蓄率 ( 2.2% ) を上回っています。収益対市場: SCGDの収益 ( 10.1% ) TH市場 ( 10.6% ) よりも低い成長が予測されています。高成長収益: SCGDの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: SCGDの収益 ( 4.9% ) TH市場 ( 9.8% ) よりも低い成長が予測されています。高い収益成長: SCGDの収益 ( 4.9% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: SCGDの 自己資本利益率 は、3年後には低くなると予測されています ( 6.3 %)。成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/08 13:48終値2026/06/08 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋SCG Decor Public Company Limited 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Suppata SrisukBualuang Securities PCLPiriyapon KongvanichBualuang Securities PCLPanjapon TaensricharoenBualuang Securities PCL2 その他のアナリストを表示
Major Estimate Revision • Apr 11Consensus revenue estimates fall by 17%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ฿25.1b to ฿20.8b. EPS estimate fell from ฿0.697 to ฿0.57 per share. Net income forecast to grow 1.2% next year vs 23% growth forecast for Building industry in Thailand. Consensus price target down from ฿6.40 to ฿6.23. Share price was steady at ฿4.90 over the past week.
Major Estimate Revision • Oct 10Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ฿27.0b to ฿24.3b. EPS estimate unchanged at ฿0.62 per share. Net income forecast to grow 54% next year vs 31% growth forecast for Building industry in Thailand. Consensus price target broadly unchanged at ฿6.40. Share price was steady at ฿4.88 over the past week.
Reported Earnings • May 14First quarter 2026 earnings released: EPS: ฿0.15 (vs ฿0.13 in 1Q 2025)First quarter 2026 results: EPS: ฿0.15 (up from ฿0.13 in 1Q 2025). Revenue: ฿5.55b (down 6.8% from 1Q 2025). Net income: ฿246.3m (up 14% from 1Q 2025). Profit margin: 4.4% (up from 3.6% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Building industry in Asia.
Major Estimate Revision • Apr 11Consensus revenue estimates fall by 17%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ฿25.1b to ฿20.8b. EPS estimate fell from ฿0.697 to ฿0.57 per share. Net income forecast to grow 1.2% next year vs 23% growth forecast for Building industry in Thailand. Consensus price target down from ฿6.40 to ฿6.23. Share price was steady at ฿4.90 over the past week.
Upcoming Dividend • Mar 20Upcoming dividend of ฿0.19 per shareEligible shareholders must have bought the stock before 27 March 2026. Payment date: 20 April 2026. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 7.5%. Within top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (6.7%).
お知らせ • Jan 28SCG Decor Public Company Limited Announces Board Changes, Effective January 26, 2026SCG Decor Public Company Limited announced that the Board of Directors Meeting on January 26, 2026 has resolved to appoint Mr. Chaovalit Ekabut, Director, as an independent director. As a result, the title of Mr. Chaovalit Ekabut on SCGD's Board of Directors will be changed from "Director" to "Independent Director", effective from January 26, 2026. Mr. Chaovalit Ekabut is fully qualified as independent director according to the Notification of the Capital Market Supervisory Board No. TorJor. 39/2559 Re: Application and Approval for the Offering for Sale of New Shares and SCGD's own qualifications of independent directors. In addition, the Board of Directors Meeting resolved to cancel the position of Lead Independent Director, effective from the date of the resolution. Therefore, the name and title of SCGD's directors after the change is: Mr. Lucksananoi Punkrasamee- Independent Director, Chairman of the Audit and Risk Management Committee.
Declared Dividend • Jan 28Final dividend of ฿0.19 announcedShareholders will receive a dividend of ฿0.19. Ex-date: 27th March 2026 Payment date: 20th April 2026 Dividend yield will be 6.9%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (50% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jan 27Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ฿0.56 (up from ฿0.49 in FY 2024). Revenue: ฿22.7b (down 11% from FY 2024). Net income: ฿931.8m (up 15% from FY 2024). Profit margin: 4.1% (up from 3.2% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.5%. Earnings per share (EPS) also missed analyst estimates by 9.7%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Building industry in Asia.
お知らせ • Jan 27+ 1 more updateScg Decor Public Company Limited Proposes Dividend for the Year 2025, Payable on April 20, 2026SCG Decor Public Company Limited proposed for approval approval at the Annual General Meeting of Shareholders the dividend payment for 2025 at the rate of THB 0.34 per share, totaling THB 561 million, accounting for 60% of profit for the year on the consolidated financial statements, which is an increase of 19% from the dividend payment for 2024, which was paid at the rate of 41% of profit for the year, and conforming to the Company's dividend payment policy. Of this amount, THB 0.15 per share, totaling THB 247.5 million was paid as an interim dividend on Wednesday, August 27, 2025. The final dividend shall be payable at THB 0.19 per share, totaling THB 313.5 million. Such dividend payment was derived from the profit which was subject to corporate income tax of 20%. Therefore, a natural person shareholder shall be entitled to a tax credit1 equal to the product of dividend times 20/80. The said dividend payment shall be payable to the shareholders entitled to receive dividend in accordance with the Company's Articles of Association, of record as of March 30, 2026 (The Stock Exchange of Thailand shall post the "XD" sign or the date on which the buyer of securities shall have no rights to receive dividend on March 27, 2026). The dividend shall be payable on April 20, 2026, and the receipt of such dividend shall be within 10 years.
Reported Earnings • Oct 28Third quarter 2025 earnings released: EPS: ฿0.18 (vs ฿0.12 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.18 (up from ฿0.12 in 3Q 2024). Revenue: ฿5.64b (down 9.6% from 3Q 2024). Net income: ฿304.4m (up 61% from 3Q 2024). Profit margin: 5.4% (up from 3.0% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Building industry in Asia.
Major Estimate Revision • Oct 10Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ฿27.0b to ฿24.3b. EPS estimate unchanged at ฿0.62 per share. Net income forecast to grow 54% next year vs 31% growth forecast for Building industry in Thailand. Consensus price target broadly unchanged at ฿6.40. Share price was steady at ฿4.88 over the past week.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿4.74, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 16x in the Building industry in Asia. Total loss to shareholders of 26% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ฿3.60 per share.
Buy Or Sell Opportunity • Jul 31Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to ฿4.64. The fair value is estimated to be ฿3.66, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last year. Meanwhile, the company has become profitable. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 85% in the next 2 years.
Reported Earnings • Jul 30Second quarter 2025 earnings released: EPS: ฿0.13 (vs ฿0.17 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.13 (down from ฿0.17 in 2Q 2024). Revenue: ฿5.77b (down 12% from 2Q 2024). Net income: ฿222.6m (down 22% from 2Q 2024). Profit margin: 3.9% (down from 4.3% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Building industry in Asia.
New Risk • Jul 22New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.0% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 25First quarter 2025 earnings released: EPS: ฿0.13 (vs ฿0.16 in 1Q 2024)First quarter 2025 results: EPS: ฿0.13 (down from ฿0.16 in 1Q 2024). Revenue: ฿5.96b (down 12% from 1Q 2024). Net income: ฿216.7m (down 16% from 1Q 2024). Profit margin: 3.6% (down from 3.8% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Building industry in Asia.
Buy Or Sell Opportunity • Apr 17Now 21% overvaluedOver the last 90 days, the stock has fallen 10% to ฿4.00. The fair value is estimated to be ฿3.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.5% over the last 3 years. Earnings per share has grown by 54%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.
お知らせ • Mar 25SCG Decor Public Company Limited Approves Final Dividend Payment for 2024, Payable on April 23, 2025SCG Decor Public Company Limited at its AGM held on March 24, 2025 has approved the profit allocation for the 2024 dividend payment at a rate of THB 0.20 per share, totaling THB 330 million. An interim dividend of THB 0.10 per share, totaling THB 165 million, was already paid on August 2, 2024. The final dividend of THB 0.10 per share, totaling THB 165 million, will be payable to shareholders recorded as of April 1, 2025. The ex-dividend date is March 31, 2025, and the payment date is set for April 23, 2025. The dividend payment is derived from profit subject to a 20% corporate income tax, allowing natural person shareholders a tax credit equal to the product of the dividend times 20/80.
Upcoming Dividend • Mar 24Upcoming dividend of ฿0.10 per shareEligible shareholders must have bought the stock before 31 March 2025. Payment date: 23 April 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Thai dividend payers (7.6%). In line with average of industry peers (5.2%).
Buy Or Sell Opportunity • Mar 05Now 23% overvaluedOver the last 90 days, the stock has fallen 27% to ฿4.06. The fair value is estimated to be ฿3.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.5% over the last 3 years. Earnings per share has grown by 54%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.
Declared Dividend • Jan 31Dividend of ฿0.10 announcedShareholders will receive a dividend of ฿0.10. Ex-date: 31st March 2025 Payment date: 23rd April 2025 Dividend yield will be 4.7%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (30% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jan 29SCG Decor Public Company Limited Proposes Dividend for the Year 2024, Payable on April 23, 2025SCG Decor Public Company Limited proposed for approval at the Annual General Meeting of Shareholders the dividend payment for 2024 at the rate of THB 0.20 share, totaling THB 330 million, accounting for 41% of profit for the year on the consolidated financial statements and conforming to the Company's dividend payment policy. Of this amount, THB 0.10 share, totaling THB 165 million was paid as an interim dividend on August 22, 2024. The final dividend shall be payable at THB 0.10 share, totaling THB 165 million. Such dividend payment was derived from the profit which was subject to corporate income tax of 20%. Therefore, a natural person shareholder shall be entitled to a tax credit1 equal to the product of dividend times 20/80. The said dividend payment shall be payable to the shareholders entitled to receive dividend in accordance with the Company's Articles of Association, of record as of Tuesday, April 1, 2025 (The Stock Exchange of Thailand shall post the "XD" sign or the date on which the buyer of securities shall have no rights to receive dividend on Monday, March 31, 2025). The dividend shall be payable on Wednesday, April 23, 2025, and the receipt of such dividend shall be within 10 years, at the AGM to be held on March 24, 2025.
Reported Earnings • Jan 29Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: ฿0.49 (up from ฿0.28 in FY 2023). Revenue: ฿25.6b (down 9.7% from FY 2023). Net income: ฿809.9m (up 147% from FY 2023). Profit margin: 3.2% (up from 1.2% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Building industry in Asia.
お知らせ • Jan 29SCG Decor Public Company Limited, Annual General Meeting, Mar 24, 2025SCG Decor Public Company Limited, Annual General Meeting, Mar 24, 2025, at 14:30 SE Asia Standard Time. Location: electronics meeting (e-meetings), Thailand
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: ฿0.11 (vs ฿0.19 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.11 (down from ฿0.19 in 3Q 2023). Revenue: ฿6.24b (down 13% from 3Q 2023). Net income: ฿189.0m (down 17% from 3Q 2023). Profit margin: 3.0% (down from 3.2% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Building industry in Asia.
Upcoming Dividend • Jul 29Upcoming dividend of ฿0.10 per shareEligible shareholders must have bought the stock before 05 August 2024. Payment date: 22 August 2024. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 47%. Within top quartile of Thai dividend payers (6.8%). Higher than average of industry peers (15%).
Reported Earnings • Jul 24Second quarter 2024 earnings released: EPS: ฿0.17 (vs ฿0.12 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.17 (up from ฿0.12 in 2Q 2023). Revenue: ฿6.57b (down 7.0% from 2Q 2023). Net income: ฿283.9m (up 109% from 2Q 2023). Profit margin: 4.3% (up from 1.9% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Building industry in Asia.
お知らせ • Jul 23+ 1 more updateSCG Decor Public Company Limited Announces Interim Dividend for the Operating Period from 01 January 2024 to 30 June 2024, Payable on 22 August 2024SCG Decor Public Company Limited announced Interim dividend payment of THB 0.10 per share for the Operating period from 01 January 2024 to 30 June 2024. Record date for the right to receive dividends is 06 August 2024. Ex-dividend date is 05 August 2024. Payment date is 22 August 2024. Date of Board resolution is 23 July 2024.
Reported Earnings • Apr 23First quarter 2024 earnings released: EPS: ฿0.16 (vs ฿0.19 loss in 1Q 2023)First quarter 2024 results: EPS: ฿0.16 (up from ฿0.19 loss in 1Q 2023). Revenue: ฿6.78b (down 6.6% from 1Q 2023). Net income: ฿257.4m (up ฿439.7m from 1Q 2023). Profit margin: 3.8% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Building industry in Asia.
Reported Earnings • Jan 25Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: ฿0.28 (up from ฿5.32 loss in FY 2022). Revenue: ฿28.3b (down 20% from FY 2022). Net income: ฿327.7m (up ฿748.8m from FY 2022). Profit margin: 1.2% (up from net loss in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Building industry in Asia.
お知らせ • Jan 23SCG Decor Public Company Limited Proposes Dividend Payment for 2023, Payable on April 22, 2024SCG Decor Public Company Limited proposed for approval at the Annual General Meeting of Shareholders the dividend payment for 2023 at the rate of THB 0.15 per share, totaling THB 247.5 million, accounting for 47% of the consolidated net profit for the year excluding the loss on disposal of investment in subsidiaries as a part of the restructuring less legal reserve, derived from the profits. The said dividend payment shall be payable to the shareholders entitled to receive dividend in accordance with the Company's Articles of Association, of record as of April 2, 2024 (The Stock Exchange of Thailand shall post the "XD" sign or the date on which the buyer of securities shall have no rights to receive dividend on April 1, 2024). The dividend shall be payable on April 22, 2024, and the receipt of such dividend shall be within 10 years.