View Future GrowthStecon Group 過去の業績過去 基準チェック /16Stecon Groupの収益は年間平均-27.2%の割合で減少していますが、 Construction業界の収益は年間 増加しています。収益は年間10.1% 1.3%割合で 増加しています。 Stecon Groupの自己資本利益率は9.5%であり、純利益率は5.7%です。主要情報-27.20%収益成長率-26.86%EPS成長率Construction 業界の成長-2.73%収益成長率1.26%株主資本利益率9.46%ネット・マージン5.74%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • Aug 15Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: ฿0.02 (down from ฿0.10 in 2Q 2023). Revenue: ฿8.68b (up 20% from 2Q 2023). Net income: ฿25.3m (down 84% from 2Q 2023). Profit margin: 0.3% (down from 2.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates by 89%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Reported Earnings • May 17First quarter 2024 earnings released: EPS: ฿10.00 (vs ฿0.11 in 1Q 2023)First quarter 2024 results: EPS: ฿10.00. Revenue: ฿6.54b (up 1.1% from 1Q 2023). Net income: ฿11.9m (down 93% from 1Q 2023). Profit margin: 0.2% (down from 2.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Construction industry in Thailand.Reported Earnings • Mar 02Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ฿0.35 (down from ฿0.56 in FY 2022). Revenue: ฿29.8b (down 2.0% from FY 2022). Net income: ฿527.7m (down 39% from FY 2022). Profit margin: 1.8% (down from 2.8% in FY 2022). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 6.7%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 9% per year.Reported Earnings • Nov 16Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: ฿0.08 (down from ฿0.091 in 3Q 2022). Revenue: ฿7.89b (up 5.8% from 3Q 2022). Net income: ฿129.5m (down 6.4% from 3Q 2022). Profit margin: 1.6% (down from 1.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 34%. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 9% per year.Reported Earnings • Aug 16Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: ฿0.10 (down from ฿0.11 in 2Q 2022). Revenue: ฿7.40b (up 9.1% from 2Q 2022). Net income: ฿153.6m (down 11% from 2Q 2022). Profit margin: 2.1% (down from 2.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.11 (vs ฿0.15 in 1Q 2022)First quarter 2023 results: EPS: ฿0.11 (down from ฿0.15 in 1Q 2022). Revenue: ฿6.46b (down 16% from 1Q 2022). Net income: ฿171.0m (down 26% from 1Q 2022). Profit margin: 2.6% (down from 3.0% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 14% per year.すべての更新を表示Recent updatesお知らせ • Feb 24+ 1 more updateStecon Group Public Company Limited announces Annual dividend, payable on May 25, 2026Stecon Group Public Company Limited announced Annual dividend of THB 0.5500 per share payable on May 25, 2026, ex-date on March 09, 2026 and record date on March 10, 2026.お知らせ • Mar 16Stecon Group Public Company Limited (SET:STECON) announces an Equity Buyback for 150,000,000 shares, representing 9.87% for THB 900 million.Stecon Group Public Company Limited (SET:STECON) announces a share repurchase program. Under the program, the company will repurchase up to 150,000,000 shares, representing 9.87% of its issued share capital, for THB 900 million. The shares will be repurchased at a price not exceeding 115% of the average closing price for the 5 trading days preceding the share repurchase transaction date. The purpose of the program is to efficiently manage the Company's excess liquidity and maximize its benefits, and to enhance the return on equity (ROE) and increase the earnings per share (EPS). The program is valid till September 17, 2025. As of October 24, 2024, the company had 1,519,090,193 issued shares.お知らせ • Mar 14STECON Group Public Company Limited Proposes Non-Issuance of the Dividend Payment for the Year 2024STECON Group Public Company Limited at its board of directors meeting held on March 14, 2025, proposed non-issuance of the dividend payment for the year 2024.Reported Earnings • Aug 15Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: ฿0.02 (down from ฿0.10 in 2Q 2023). Revenue: ฿8.68b (up 20% from 2Q 2023). Net income: ฿25.3m (down 84% from 2Q 2023). Profit margin: 0.3% (down from 2.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates by 89%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Major Estimate Revision • May 24Consensus EPS estimates fall by 32%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ฿0.377 to ฿0.255 per share. Revenue forecast steady at ฿30.9b. Net income forecast to grow 25% next year vs 32% growth forecast for Construction industry in Thailand. Consensus price target broadly unchanged at ฿11.23. Share price rose 2.1% to ฿9.95 over the past week.Reported Earnings • May 17First quarter 2024 earnings released: EPS: ฿10.00 (vs ฿0.11 in 1Q 2023)First quarter 2024 results: EPS: ฿10.00. Revenue: ฿6.54b (up 1.1% from 1Q 2023). Net income: ฿11.9m (down 93% from 1Q 2023). Profit margin: 0.2% (down from 2.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Construction industry in Thailand.お知らせ • Apr 27Sino-Thai Engineering and Construction Public Company Limited Approves Board AppointmentsSino-Thai Engineering and Construction Public Company Limited at its AGM held on April 26, 2024, approved the appointment of Mr. Pravesana Mulpramook as independent director, Mrs. Monrudee Gettuphan as independent director, Ms. Rapeepan Luangaramrut as independent director and appointment of Mr. Apivut Thongkam as director.Upcoming Dividend • Mar 21Upcoming dividend of ฿0.15 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 May 2024. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Thai dividend payers (5.9%). Lower than average of industry peers (1.8%).Declared Dividend • Mar 17Dividend of ฿0.15 announcedShareholders will receive a dividend of ฿0.15. Ex-date: 28th March 2024 Payment date: 24th May 2024 Dividend yield will be 1.4%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 54% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 16Sino-Thai Engineering and Construction Public Company Limited, Annual General Meeting, Apr 26, 2024Sino-Thai Engineering and Construction Public Company Limited, Annual General Meeting, Apr 26, 2024, at 14:00 SE Asia Standard Time. Location: company's conference room, No. 32/60 Sino-Thai Tower, 30th floor, Sukhumvit 21 Road (Soi Asoke), Kwaeng Klongtoey Nua, Khet Wattana, Bangkok Metropolis Thailand Agenda: To consider and approve the company's financial statement for the fiscal period ending December 31, 2023; to consider and approve the dividend payment for the year 2023; to consider and approve the appointment of new directors in place of those retiring by rotation; to consider and approve the remuneration of directors, audit committee members; and any new sub-committee that may be established additionally for the year 2024; and to consider other matters.Major Estimate Revision • Mar 09Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ฿31.7b to ฿30.9b. EPS estimate also fell from ฿0.45 per share to ฿0.388 per share. Net income forecast to grow 13% next year vs 13% growth forecast for Construction industry in Thailand. Consensus price target broadly unchanged at ฿11.18. Share price was steady at ฿10.20 over the past week.Major Estimate Revision • Mar 07Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ฿31.7b to ฿31.1b. EPS estimate also fell from ฿0.465 per share to ฿0.399 per share. Net income forecast to grow 16% next year vs 16% growth forecast for Construction industry in Thailand. Consensus price target down from ฿11.48 to ฿11.09. Share price was steady at ฿9.90 over the past week.Reported Earnings • Mar 02Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ฿0.35 (down from ฿0.56 in FY 2022). Revenue: ฿29.8b (down 2.0% from FY 2022). Net income: ฿527.7m (down 39% from FY 2022). Profit margin: 1.8% (down from 2.8% in FY 2022). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 6.7%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 9% per year.Valuation Update With 7 Day Price Move • Feb 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ฿9.90, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Construction industry in Thailand. Total loss to shareholders of 8.5% over the past three years.Board Change • Jan 17Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 10 highly experienced directors. Senior Executive Vice President of Financial & Administration Division and Executive Director Jaikaew Tejapijaya was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 16Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: ฿0.08 (down from ฿0.091 in 3Q 2022). Revenue: ฿7.89b (up 5.8% from 3Q 2022). Net income: ฿129.5m (down 6.4% from 3Q 2022). Profit margin: 1.6% (down from 1.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 34%. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 9% per year.Major Estimate Revision • Nov 15Consensus EPS estimates fall by 16%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from ฿27.6b to ฿29.3b. EPS estimate fell from ฿0.418 to ฿0.353 per share. Net income forecast to shrink 4.2% next year vs 26% growth forecast for Construction industry in Thailand . Consensus price target down from ฿12.93 to ฿12.17. Share price rose 2.3% to ฿8.75 over the past week.Major Estimate Revision • Aug 22Consensus revenue estimates fall by 14%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ฿31.7b to ฿27.2b. EPS estimate fell from ฿0.603 to ฿0.457 per share. Net income forecast to grow 13% next year vs 40% growth forecast for Construction industry in Thailand. Consensus price target down from ฿14.31 to ฿13.68. Share price rose 13% to ฿11.90 over the past week.Reported Earnings • Aug 16Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: ฿0.10 (down from ฿0.11 in 2Q 2022). Revenue: ฿7.40b (up 9.1% from 2Q 2022). Net income: ฿153.6m (down 11% from 2Q 2022). Profit margin: 2.1% (down from 2.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Price Target Changed • Jul 31Price target decreased by 8.6% to ฿14.20Down from ฿15.54, the current price target is an average from 9 analysts. New target price is 30% above last closing price of ฿10.90. Stock is down 11% over the past year. The company is forecast to post earnings per share of ฿0.60 for next year compared to ฿0.56 last year.Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿10.40, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 11x in the Construction industry in Asia. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿7.69 per share.Major Estimate Revision • May 22Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ฿34.3b to ฿31.6b. EPS estimate also fell from ฿0.694 per share to ฿0.608 per share. Net income forecast to grow 24% next year vs 46% growth forecast for Construction industry in Thailand. Consensus price target down from ฿15.54 to ฿14.64. Share price fell 12% to ฿9.25 over the past week.Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.11 (vs ฿0.15 in 1Q 2022)First quarter 2023 results: EPS: ฿0.11 (down from ฿0.15 in 1Q 2022). Revenue: ฿6.46b (down 16% from 1Q 2022). Net income: ฿171.0m (down 26% from 1Q 2022). Profit margin: 2.6% (down from 3.0% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 14% per year.Valuation Update With 7 Day Price Move • May 16Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ฿9.95, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Construction industry in Asia. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿4.43 per share.Upcoming Dividend • Mar 16Upcoming dividend of ฿0.30 per share at 2.0% yieldEligible shareholders must have bought the stock before 23 March 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Thai dividend payers (5.9%). In line with average of industry peers (1.9%).Reported Earnings • Nov 18Third quarter 2022 earnings: EPS misses analyst expectationsThird quarter 2022 results: EPS: ฿0.09 (up from ฿0.089 in 3Q 2021). Revenue: ฿7.45b (up 22% from 3Q 2021). Net income: ฿138.3m (up 1.6% from 3Q 2021). Profit margin: 1.9% (down from 2.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 11 highly experienced directors. Independent Director Surapan Poomkaew was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Major Estimate Revision • Sep 06Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ฿32.0b to ฿30.4b. EPS estimate also fell from ฿0.63 per share to ฿0.56 per share. Net income forecast to grow 7.0% next year vs 28% growth forecast for Construction industry in Thailand. Consensus price target down from ฿15.32 to ฿14.85. Share price rose 3.3% to ฿12.60 over the past week.Price Target Changed • Aug 18Price target decreased to ฿15.32Down from ฿16.71, the current price target is an average from 10 analysts. New target price is 27% above last closing price of ฿12.10. Stock is down 1.6% over the past year. The company is forecast to post earnings per share of ฿0.63 for next year compared to ฿0.47 last year.Reported Earnings • Aug 17Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: ฿0.11 (up from ฿0.001 in 2Q 2021). Revenue: ฿6.78b (down 4.3% from 2Q 2021). Net income: ฿173.1m (up ฿171.7m from 2Q 2021). Profit margin: 2.6% (up from 0% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 17%. Over the next year, revenue is forecast to grow 17%, compared to a 17% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Aug 16Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ฿0.75 to ฿0.57 per share. Revenue forecast steady at ฿34.8b. Net income forecast to grow 59% next year vs 50% growth forecast for Construction industry in Thailand. Consensus price target broadly unchanged at ฿16.55. Share price fell 2.4% to ฿12.00 over the past week.Reported Earnings • May 20First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: ฿0.15 (up from ฿0.13 in 1Q 2021). Revenue: ฿7.65b (up 1.0% from 1Q 2021). Net income: ฿231.7m (up 17% from 1Q 2021). Profit margin: 3.0% (up from 2.6% in 1Q 2021). Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 7.1%. Over the next year, revenue is forecast to grow 25%, compared to a 36% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Major Estimate Revision • May 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ฿0.78 to ฿0.70 per share. Revenue forecast steady at ฿35.3b. Net income forecast to grow 49% next year vs 69% growth forecast for Construction industry in Thailand. Consensus price target up from ฿16.83 to ฿17.38. Share price was steady at ฿12.90 over the past week.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 11 highly experienced directors. Independent Director Surapan Poomkaew was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Mar 17Upcoming dividend of ฿0.25 per shareEligible shareholders must have bought the stock before 24 March 2022. Payment date: 27 May 2022. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (1.8%).Reported Earnings • Mar 02Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: ฿0.47 (down from ฿0.72 in FY 2020). Revenue: ฿27.9b (down 22% from FY 2020). Net income: ฿710.9m (down 35% from FY 2020). Profit margin: 2.5% (down from 3.0% in FY 2020). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) exceeded analyst estimates by 26%. Over the next year, revenue is forecast to grow 27%, compared to a 21% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS ฿0.089 (vs ฿0.15 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿6.12b (down 29% from 3Q 2020). Net income: ฿136.1m (down 42% from 3Q 2020). Profit margin: 2.2% (down from 2.7% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.Major Estimate Revision • Aug 17Consensus revenue estimates fall to ฿30.3bThe consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from ฿36.9b to ฿30.3b. EPS estimate fell from ฿0.76 to ฿0.47 per share. Net income forecast to grow 8.5% next year vs 89% growth forecast for Construction industry in Thailand. Consensus price target broadly unchanged at ฿16.81. Share price fell 2.4% to ฿12.30 over the past week.Reported Earnings • May 18First quarter 2021 earnings released: EPS ฿0.13 (vs ฿0.14 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and revenues, although profit margins were improved. First quarter 2021 results: Revenue: ฿7.58b (down 19% from 1Q 2020). Net income: ฿197.5m (down 5.7% from 1Q 2020). Profit margin: 2.6% (up from 2.2% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 18Upcoming Dividend of ฿0.30 Per ShareWill be paid on the 28th of May to those who are registered shareholders by the 25th of March. The trailing yield of 2.1% is below the top quartile of Thai dividend payers (5.2%), and is lower than industry peers (2.4%).Reported Earnings • Mar 02Full year 2020 earnings releasedThe company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ฿36.1b (up 9.5% from FY 2019). Net income: ฿1.09b (down 26% from FY 2019). Profit margin: 3.0% (down from 4.5% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Mar 02Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Over the next year, revenue is forecast to grow 5.2%, compared to a 13% growth forecast for the Construction industry in Thailand.Is New 90 Day High Low • Feb 17New 90-day low: ฿11.50The company is down 5.0% from its price of ฿12.10 on 19 November 2020. The Thai market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿111 per share.Is New 90 Day High Low • Nov 24New 90-day high: ฿13.40The company is up 2.0% from its price of ฿13.20 on 26 August 2020. The Thai market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Construction industry, which is also up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿122 per share.Analyst Estimate Surprise Post Earnings • Nov 17Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 6.8%. Earnings per share (EPS) exceeded analyst estimates by 20%. Over the next year, revenue is forecast to grow 2.8%, compared to a 7.4% growth forecast for the Construction industry in Thailand.Reported Earnings • Nov 17Third quarter 2020 earnings released: EPS ฿0.15The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿8.63b (down 4.5% from 3Q 2019). Net income: ฿234.5m (down 14% from 3Q 2019). Profit margin: 2.7% (down from 3.0% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Oct 19New 90-day low: ฿10.60The company is down 32% from its price of ฿15.60 on 21 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿143 per share.Is New 90 Day High Low • Sep 18New 90-day low: ฿11.80The company is down 26% from its price of ฿15.90 on 19 June 2020. The Thai market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿135 per share.収支内訳Stecon Group の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史SET:STECON 収益、費用、利益 ( )THB Millions日付収益収益G+A経費研究開発費31 Mar 2634,1111,9571,022031 Dec 2533,5691,9481,129030 Sep 2530,620-1,2221,003030 Jun 2530,450-1,540985031 Mar 2530,129-2,027854031 Dec 2430,108-2,357846030 Sep 2430,453-47975030 Jun 2430,973237869031 Mar 2429,739366842031 Dec 2329,668526834030 Sep 2330,150768740030 Jun 2329,717777787031 Mar 2329,247797788031 Dec 2230,432857779030 Sep 2228,894919703030 Jun 2227,562917688031 Mar 2227,868745675031 Dec 2127,794711675030 Sep 2129,671803698030 Jun 2132,171902694031 Mar 2134,1121,081705031 Dec 2035,8711,093674030 Sep 2036,1591,225628030 Jun 2036,5961,263583031 Mar 2034,8781,350516031 Dec 1933,0621,484511030 Sep 1933,2011,521590030 Jun 1931,3781,631587031 Mar 1929,7491,668554031 Dec 1827,5371,617517030 Sep 1824,224-341373030 Jun 1821,632-506391031 Mar 1820,370-568410031 Dec 1720,075-611419030 Sep 1718,9071,384598030 Jun 1719,0891,401575031 Mar 1718,4781,362563031 Dec 1617,9531,381554030 Sep 1617,5411,317378030 Jun 1617,4081,353397031 Mar 1618,5961,475422031 Dec 1518,3311,527448030 Sep 1519,9291,287588030 Jun 1520,3471,3496000質の高い収益: STECONにはTHB417.3M } という大きな 一回限りの 利益があり、過去 12 か月の財務実績が31st March, 2026に影響を及ぼしています。利益率の向上: STECON過去に利益を上げました。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: STECONの収益は過去 5 年間で年間27.2%減少しました。成長の加速: STECONは昨年収益を上げたため、収益成長率を 5 年間の平均と比較することは困難です。収益対業界: STECON昨年収益を上げたため、昨年の収益成長をConstruction業界 ( 52% ) と比較することは困難です。株主資本利益率高いROE: STECONの 自己資本利益率 ( 9.5% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YCapital-goods 、過去の業績が好調な企業。View Financial Health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2026/05/28 15:55終値2026/05/28 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Stecon Group Public Company Limited 10 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。25 アナリスト機関Wikij TirawannaratBualuang Securities PCLPiriyapon KongvanichBualuang Securities PCLPhoowadol PhoosodngernBualuang Securities PCL22 その他のアナリストを表示
Reported Earnings • Aug 15Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: ฿0.02 (down from ฿0.10 in 2Q 2023). Revenue: ฿8.68b (up 20% from 2Q 2023). Net income: ฿25.3m (down 84% from 2Q 2023). Profit margin: 0.3% (down from 2.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates by 89%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 17First quarter 2024 earnings released: EPS: ฿10.00 (vs ฿0.11 in 1Q 2023)First quarter 2024 results: EPS: ฿10.00. Revenue: ฿6.54b (up 1.1% from 1Q 2023). Net income: ฿11.9m (down 93% from 1Q 2023). Profit margin: 0.2% (down from 2.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Construction industry in Thailand.
Reported Earnings • Mar 02Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ฿0.35 (down from ฿0.56 in FY 2022). Revenue: ฿29.8b (down 2.0% from FY 2022). Net income: ฿527.7m (down 39% from FY 2022). Profit margin: 1.8% (down from 2.8% in FY 2022). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 6.7%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 9% per year.
Reported Earnings • Nov 16Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: ฿0.08 (down from ฿0.091 in 3Q 2022). Revenue: ฿7.89b (up 5.8% from 3Q 2022). Net income: ฿129.5m (down 6.4% from 3Q 2022). Profit margin: 1.6% (down from 1.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 34%. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 9% per year.
Reported Earnings • Aug 16Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: ฿0.10 (down from ฿0.11 in 2Q 2022). Revenue: ฿7.40b (up 9.1% from 2Q 2022). Net income: ฿153.6m (down 11% from 2Q 2022). Profit margin: 2.1% (down from 2.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.11 (vs ฿0.15 in 1Q 2022)First quarter 2023 results: EPS: ฿0.11 (down from ฿0.15 in 1Q 2022). Revenue: ฿6.46b (down 16% from 1Q 2022). Net income: ฿171.0m (down 26% from 1Q 2022). Profit margin: 2.6% (down from 3.0% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 14% per year.
お知らせ • Feb 24+ 1 more updateStecon Group Public Company Limited announces Annual dividend, payable on May 25, 2026Stecon Group Public Company Limited announced Annual dividend of THB 0.5500 per share payable on May 25, 2026, ex-date on March 09, 2026 and record date on March 10, 2026.
お知らせ • Mar 16Stecon Group Public Company Limited (SET:STECON) announces an Equity Buyback for 150,000,000 shares, representing 9.87% for THB 900 million.Stecon Group Public Company Limited (SET:STECON) announces a share repurchase program. Under the program, the company will repurchase up to 150,000,000 shares, representing 9.87% of its issued share capital, for THB 900 million. The shares will be repurchased at a price not exceeding 115% of the average closing price for the 5 trading days preceding the share repurchase transaction date. The purpose of the program is to efficiently manage the Company's excess liquidity and maximize its benefits, and to enhance the return on equity (ROE) and increase the earnings per share (EPS). The program is valid till September 17, 2025. As of October 24, 2024, the company had 1,519,090,193 issued shares.
お知らせ • Mar 14STECON Group Public Company Limited Proposes Non-Issuance of the Dividend Payment for the Year 2024STECON Group Public Company Limited at its board of directors meeting held on March 14, 2025, proposed non-issuance of the dividend payment for the year 2024.
Reported Earnings • Aug 15Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: ฿0.02 (down from ฿0.10 in 2Q 2023). Revenue: ฿8.68b (up 20% from 2Q 2023). Net income: ฿25.3m (down 84% from 2Q 2023). Profit margin: 0.3% (down from 2.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates by 89%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • May 24Consensus EPS estimates fall by 32%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ฿0.377 to ฿0.255 per share. Revenue forecast steady at ฿30.9b. Net income forecast to grow 25% next year vs 32% growth forecast for Construction industry in Thailand. Consensus price target broadly unchanged at ฿11.23. Share price rose 2.1% to ฿9.95 over the past week.
Reported Earnings • May 17First quarter 2024 earnings released: EPS: ฿10.00 (vs ฿0.11 in 1Q 2023)First quarter 2024 results: EPS: ฿10.00. Revenue: ฿6.54b (up 1.1% from 1Q 2023). Net income: ฿11.9m (down 93% from 1Q 2023). Profit margin: 0.2% (down from 2.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Construction industry in Thailand.
お知らせ • Apr 27Sino-Thai Engineering and Construction Public Company Limited Approves Board AppointmentsSino-Thai Engineering and Construction Public Company Limited at its AGM held on April 26, 2024, approved the appointment of Mr. Pravesana Mulpramook as independent director, Mrs. Monrudee Gettuphan as independent director, Ms. Rapeepan Luangaramrut as independent director and appointment of Mr. Apivut Thongkam as director.
Upcoming Dividend • Mar 21Upcoming dividend of ฿0.15 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 May 2024. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Thai dividend payers (5.9%). Lower than average of industry peers (1.8%).
Declared Dividend • Mar 17Dividend of ฿0.15 announcedShareholders will receive a dividend of ฿0.15. Ex-date: 28th March 2024 Payment date: 24th May 2024 Dividend yield will be 1.4%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 54% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 16Sino-Thai Engineering and Construction Public Company Limited, Annual General Meeting, Apr 26, 2024Sino-Thai Engineering and Construction Public Company Limited, Annual General Meeting, Apr 26, 2024, at 14:00 SE Asia Standard Time. Location: company's conference room, No. 32/60 Sino-Thai Tower, 30th floor, Sukhumvit 21 Road (Soi Asoke), Kwaeng Klongtoey Nua, Khet Wattana, Bangkok Metropolis Thailand Agenda: To consider and approve the company's financial statement for the fiscal period ending December 31, 2023; to consider and approve the dividend payment for the year 2023; to consider and approve the appointment of new directors in place of those retiring by rotation; to consider and approve the remuneration of directors, audit committee members; and any new sub-committee that may be established additionally for the year 2024; and to consider other matters.
Major Estimate Revision • Mar 09Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ฿31.7b to ฿30.9b. EPS estimate also fell from ฿0.45 per share to ฿0.388 per share. Net income forecast to grow 13% next year vs 13% growth forecast for Construction industry in Thailand. Consensus price target broadly unchanged at ฿11.18. Share price was steady at ฿10.20 over the past week.
Major Estimate Revision • Mar 07Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ฿31.7b to ฿31.1b. EPS estimate also fell from ฿0.465 per share to ฿0.399 per share. Net income forecast to grow 16% next year vs 16% growth forecast for Construction industry in Thailand. Consensus price target down from ฿11.48 to ฿11.09. Share price was steady at ฿9.90 over the past week.
Reported Earnings • Mar 02Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ฿0.35 (down from ฿0.56 in FY 2022). Revenue: ฿29.8b (down 2.0% from FY 2022). Net income: ฿527.7m (down 39% from FY 2022). Profit margin: 1.8% (down from 2.8% in FY 2022). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 6.7%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 9% per year.
Valuation Update With 7 Day Price Move • Feb 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ฿9.90, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Construction industry in Thailand. Total loss to shareholders of 8.5% over the past three years.
Board Change • Jan 17Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 10 highly experienced directors. Senior Executive Vice President of Financial & Administration Division and Executive Director Jaikaew Tejapijaya was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 16Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: ฿0.08 (down from ฿0.091 in 3Q 2022). Revenue: ฿7.89b (up 5.8% from 3Q 2022). Net income: ฿129.5m (down 6.4% from 3Q 2022). Profit margin: 1.6% (down from 1.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 34%. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 9% per year.
Major Estimate Revision • Nov 15Consensus EPS estimates fall by 16%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from ฿27.6b to ฿29.3b. EPS estimate fell from ฿0.418 to ฿0.353 per share. Net income forecast to shrink 4.2% next year vs 26% growth forecast for Construction industry in Thailand . Consensus price target down from ฿12.93 to ฿12.17. Share price rose 2.3% to ฿8.75 over the past week.
Major Estimate Revision • Aug 22Consensus revenue estimates fall by 14%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ฿31.7b to ฿27.2b. EPS estimate fell from ฿0.603 to ฿0.457 per share. Net income forecast to grow 13% next year vs 40% growth forecast for Construction industry in Thailand. Consensus price target down from ฿14.31 to ฿13.68. Share price rose 13% to ฿11.90 over the past week.
Reported Earnings • Aug 16Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: ฿0.10 (down from ฿0.11 in 2Q 2022). Revenue: ฿7.40b (up 9.1% from 2Q 2022). Net income: ฿153.6m (down 11% from 2Q 2022). Profit margin: 2.1% (down from 2.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Price Target Changed • Jul 31Price target decreased by 8.6% to ฿14.20Down from ฿15.54, the current price target is an average from 9 analysts. New target price is 30% above last closing price of ฿10.90. Stock is down 11% over the past year. The company is forecast to post earnings per share of ฿0.60 for next year compared to ฿0.56 last year.
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿10.40, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 11x in the Construction industry in Asia. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿7.69 per share.
Major Estimate Revision • May 22Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ฿34.3b to ฿31.6b. EPS estimate also fell from ฿0.694 per share to ฿0.608 per share. Net income forecast to grow 24% next year vs 46% growth forecast for Construction industry in Thailand. Consensus price target down from ฿15.54 to ฿14.64. Share price fell 12% to ฿9.25 over the past week.
Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.11 (vs ฿0.15 in 1Q 2022)First quarter 2023 results: EPS: ฿0.11 (down from ฿0.15 in 1Q 2022). Revenue: ฿6.46b (down 16% from 1Q 2022). Net income: ฿171.0m (down 26% from 1Q 2022). Profit margin: 2.6% (down from 3.0% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 14% per year.
Valuation Update With 7 Day Price Move • May 16Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ฿9.95, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Construction industry in Asia. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿4.43 per share.
Upcoming Dividend • Mar 16Upcoming dividend of ฿0.30 per share at 2.0% yieldEligible shareholders must have bought the stock before 23 March 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Thai dividend payers (5.9%). In line with average of industry peers (1.9%).
Reported Earnings • Nov 18Third quarter 2022 earnings: EPS misses analyst expectationsThird quarter 2022 results: EPS: ฿0.09 (up from ฿0.089 in 3Q 2021). Revenue: ฿7.45b (up 22% from 3Q 2021). Net income: ฿138.3m (up 1.6% from 3Q 2021). Profit margin: 1.9% (down from 2.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 11 highly experienced directors. Independent Director Surapan Poomkaew was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Major Estimate Revision • Sep 06Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ฿32.0b to ฿30.4b. EPS estimate also fell from ฿0.63 per share to ฿0.56 per share. Net income forecast to grow 7.0% next year vs 28% growth forecast for Construction industry in Thailand. Consensus price target down from ฿15.32 to ฿14.85. Share price rose 3.3% to ฿12.60 over the past week.
Price Target Changed • Aug 18Price target decreased to ฿15.32Down from ฿16.71, the current price target is an average from 10 analysts. New target price is 27% above last closing price of ฿12.10. Stock is down 1.6% over the past year. The company is forecast to post earnings per share of ฿0.63 for next year compared to ฿0.47 last year.
Reported Earnings • Aug 17Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: ฿0.11 (up from ฿0.001 in 2Q 2021). Revenue: ฿6.78b (down 4.3% from 2Q 2021). Net income: ฿173.1m (up ฿171.7m from 2Q 2021). Profit margin: 2.6% (up from 0% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 17%. Over the next year, revenue is forecast to grow 17%, compared to a 17% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Aug 16Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ฿0.75 to ฿0.57 per share. Revenue forecast steady at ฿34.8b. Net income forecast to grow 59% next year vs 50% growth forecast for Construction industry in Thailand. Consensus price target broadly unchanged at ฿16.55. Share price fell 2.4% to ฿12.00 over the past week.
Reported Earnings • May 20First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: ฿0.15 (up from ฿0.13 in 1Q 2021). Revenue: ฿7.65b (up 1.0% from 1Q 2021). Net income: ฿231.7m (up 17% from 1Q 2021). Profit margin: 3.0% (up from 2.6% in 1Q 2021). Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 7.1%. Over the next year, revenue is forecast to grow 25%, compared to a 36% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • May 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ฿0.78 to ฿0.70 per share. Revenue forecast steady at ฿35.3b. Net income forecast to grow 49% next year vs 69% growth forecast for Construction industry in Thailand. Consensus price target up from ฿16.83 to ฿17.38. Share price was steady at ฿12.90 over the past week.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 11 highly experienced directors. Independent Director Surapan Poomkaew was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Mar 17Upcoming dividend of ฿0.25 per shareEligible shareholders must have bought the stock before 24 March 2022. Payment date: 27 May 2022. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (1.8%).
Reported Earnings • Mar 02Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: ฿0.47 (down from ฿0.72 in FY 2020). Revenue: ฿27.9b (down 22% from FY 2020). Net income: ฿710.9m (down 35% from FY 2020). Profit margin: 2.5% (down from 3.0% in FY 2020). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) exceeded analyst estimates by 26%. Over the next year, revenue is forecast to grow 27%, compared to a 21% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS ฿0.089 (vs ฿0.15 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿6.12b (down 29% from 3Q 2020). Net income: ฿136.1m (down 42% from 3Q 2020). Profit margin: 2.2% (down from 2.7% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.
Major Estimate Revision • Aug 17Consensus revenue estimates fall to ฿30.3bThe consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from ฿36.9b to ฿30.3b. EPS estimate fell from ฿0.76 to ฿0.47 per share. Net income forecast to grow 8.5% next year vs 89% growth forecast for Construction industry in Thailand. Consensus price target broadly unchanged at ฿16.81. Share price fell 2.4% to ฿12.30 over the past week.
Reported Earnings • May 18First quarter 2021 earnings released: EPS ฿0.13 (vs ฿0.14 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and revenues, although profit margins were improved. First quarter 2021 results: Revenue: ฿7.58b (down 19% from 1Q 2020). Net income: ฿197.5m (down 5.7% from 1Q 2020). Profit margin: 2.6% (up from 2.2% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 18Upcoming Dividend of ฿0.30 Per ShareWill be paid on the 28th of May to those who are registered shareholders by the 25th of March. The trailing yield of 2.1% is below the top quartile of Thai dividend payers (5.2%), and is lower than industry peers (2.4%).
Reported Earnings • Mar 02Full year 2020 earnings releasedThe company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ฿36.1b (up 9.5% from FY 2019). Net income: ฿1.09b (down 26% from FY 2019). Profit margin: 3.0% (down from 4.5% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Mar 02Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Over the next year, revenue is forecast to grow 5.2%, compared to a 13% growth forecast for the Construction industry in Thailand.
Is New 90 Day High Low • Feb 17New 90-day low: ฿11.50The company is down 5.0% from its price of ฿12.10 on 19 November 2020. The Thai market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿111 per share.
Is New 90 Day High Low • Nov 24New 90-day high: ฿13.40The company is up 2.0% from its price of ฿13.20 on 26 August 2020. The Thai market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Construction industry, which is also up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿122 per share.
Analyst Estimate Surprise Post Earnings • Nov 17Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 6.8%. Earnings per share (EPS) exceeded analyst estimates by 20%. Over the next year, revenue is forecast to grow 2.8%, compared to a 7.4% growth forecast for the Construction industry in Thailand.
Reported Earnings • Nov 17Third quarter 2020 earnings released: EPS ฿0.15The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿8.63b (down 4.5% from 3Q 2019). Net income: ฿234.5m (down 14% from 3Q 2019). Profit margin: 2.7% (down from 3.0% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Oct 19New 90-day low: ฿10.60The company is down 32% from its price of ฿15.60 on 21 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿143 per share.
Is New 90 Day High Low • Sep 18New 90-day low: ฿11.80The company is down 26% from its price of ฿15.90 on 19 June 2020. The Thai market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿135 per share.