View Financial HealthUnique Engineering and Construction 配当と自社株買い配当金 基準チェック /26Unique Engineering and Construction配当を支払う会社であり、現在の利回りは2.92%で、収益によって十分にカバーされています。主要情報2.9%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長-11.9%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向9%最近の配当と自社株買いの更新Declared Dividend • Mar 02Dividend increased to ฿0.08Dividend of ฿0.08 is 14% higher than last year. Ex-date: 16th March 2026 Payment date: 8th May 2026 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (2% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Feb 28Unique Engineering and Construction Public Company Limited announces Annual dividend, payable on May 08, 2026Unique Engineering and Construction Public Company Limited announced Annual dividend of THB 0.0800 per share payable on May 08, 2026, ex-date on March 16, 2026 and record date on March 17, 2026.Declared Dividend • Mar 02Dividend increased to ฿0.07Dividend of ฿0.07 is 40% higher than last year. Ex-date: 14th March 2025 Payment date: 9th May 2025 Dividend yield will be 4.1%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (30% 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 decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 66% to shift the payout ratio to a potentially unsustainable range, which is more than the 24% EPS decline seen over the last 5 years.お知らせ • Feb 28Unique Engineering and Construction Public Company Limited Proposes Cash Dividend for the Year End December 31, 2024, Payable on 9 May, 2025Unique Engineering and Construction Public Company Limited proposed cash dividend of THB 0.07 per share for the year end December 31, 2024. Record date for the right to receive dividends 17 March, 2025. Ex-dividend date is 14 March, 2025, Payment date 9 May, 2025.Upcoming Dividend • Mar 07Upcoming dividend of ฿0.05 per shareEligible shareholders must have bought the stock before 14 March 2024. Payment date: 10 May 2024. The company last paid an ordinary dividend in March 2013. The average dividend yield among industry peers is 2.0%.お知らせ • Mar 01Unique Engineering and Construction Public Company Limited Proposes Dividend for the Year 2023, Payable on May 10, 2024Unique Engineering and Construction Public Company Limited at the SBM, the board has approved and proposed the AGM to approve the payment of the company's dividend from the net profit as of December 31, 2023, of THB 54,050,812.65 to the shareholders at the rate of THB 0.05 per share and the company has fixed the Record Date on which shareholders are entitled to receive dividend on March 15th, 2024. The dividend will be paid on May 10, 2024. However, the right to receive the dividend remains uncertain and subject to the final approval from the 2024 Annual General Meeting (AGM).すべての更新を表示Recent updatesNew Risk • May 23New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 11% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risk Market cap is less than US$100m (฿3.05b market cap, or US$93.4m).Valuation Update With 7 Day Price Move • Mar 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿2.62, the stock trades at a trailing P/E ratio of 2.9x. Average trailing P/E is 9x in the Construction industry in Thailand. Total loss to shareholders of 36% over the past three years.Reported Earnings • Mar 02Full year 2025 earnings released: EPS: ฿0.91 (vs ฿0.17 in FY 2024)Full year 2025 results: EPS: ฿0.91 (up from ฿0.17 in FY 2024). Revenue: ฿11.9b (up 14% from FY 2024). Net income: ฿983.9m (up 438% from FY 2024). Profit margin: 8.3% (up from 1.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Declared Dividend • Mar 02Dividend increased to ฿0.08Dividend of ฿0.08 is 14% higher than last year. Ex-date: 16th March 2026 Payment date: 8th May 2026 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (2% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Feb 28Unique Engineering and Construction Public Company Limited announces Annual dividend, payable on May 08, 2026Unique Engineering and Construction Public Company Limited announced Annual dividend of THB 0.0800 per share payable on May 08, 2026, ex-date on March 16, 2026 and record date on March 17, 2026.Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ฿0.05 (vs ฿0.05 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.05 (in line with 3Q 2024). Revenue: ฿2.81b (down 2.5% from 3Q 2024). Net income: ฿53.7m (down 1.1% from 3Q 2024). Profit margin: 1.9% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿782 (vs ฿0.037 in 2Q 2024)Second quarter 2025 results: EPS: ฿782 (up from ฿0.037 in 2Q 2024). Revenue: ฿4.08b (up 67% from 2Q 2024). Net income: ฿845.4m (up ฿805.3m from 2Q 2024). Profit margin: 21% (up from 1.6% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ฿3.50, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 14x in the Construction industry in Thailand. Total loss to shareholders of 24% over the past three years.New Risk • Jun 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 31% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿3.16b market cap, or US$97.1m).Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿2.24, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 12x in the Construction industry in Thailand. Total loss to shareholders of 52% over the past three years.Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.032 (vs ฿0.032 in 1Q 2024)First quarter 2025 results: EPS: ฿0.032 (in line with 1Q 2024). Revenue: ฿2.31b (down 9.7% from 1Q 2024). Net income: ฿34.2m (flat on 1Q 2024). Profit margin: 1.5% (up from 1.3% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ฿2.04, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 13x in the Construction industry in Thailand. Total loss to shareholders of 59% over the past three years.Declared Dividend • Mar 02Dividend increased to ฿0.07Dividend of ฿0.07 is 40% higher than last year. Ex-date: 14th March 2025 Payment date: 9th May 2025 Dividend yield will be 4.1%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (30% 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 decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 66% to shift the payout ratio to a potentially unsustainable range, which is more than the 24% EPS decline seen over the last 5 years.お知らせ • Mar 01Unique Engineering and Construction Public Company Limited, Annual General Meeting, Apr 11, 2025Unique Engineering and Construction Public Company Limited, Annual General Meeting, Apr 11, 2025, at 10:00 SE Asia Standard Time.お知らせ • Feb 28Unique Engineering and Construction Public Company Limited Proposes Cash Dividend for the Year End December 31, 2024, Payable on 9 May, 2025Unique Engineering and Construction Public Company Limited proposed cash dividend of THB 0.07 per share for the year end December 31, 2024. Record date for the right to receive dividends 17 March, 2025. Ex-dividend date is 14 March, 2025, Payment date 9 May, 2025.New Risk • Feb 24New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 52% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (฿1.89b market cap, or US$56.5m).Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿2.82, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 15x in the Construction industry in Thailand. Total loss to shareholders of 57% over the past three years.Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: ฿0.037 (vs ฿0.021 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.037 (up from ฿0.021 in 2Q 2023). Revenue: ฿2.44b (down 4.5% from 2Q 2023). Net income: ฿40.1m (up 79% from 2Q 2023). Profit margin: 1.6% (up from 0.9% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.Reported Earnings • May 17First quarter 2024 earnings released: EPS: ฿0.032 (vs ฿0.014 in 1Q 2023)First quarter 2024 results: EPS: ฿0.032 (up from ฿0.014 in 1Q 2023). Revenue: ฿2.56b (down 4.1% from 1Q 2023). Net income: ฿34.1m (up 133% from 1Q 2023). Profit margin: 1.3% (up from 0.5% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.New Risk • Apr 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.68b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 60% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿3.68b market cap, or US$99.8m).Upcoming Dividend • Mar 07Upcoming dividend of ฿0.05 per shareEligible shareholders must have bought the stock before 14 March 2024. Payment date: 10 May 2024. The company last paid an ordinary dividend in March 2013. The average dividend yield among industry peers is 2.0%.Reported Earnings • Mar 02Full year 2023 earnings released: EPS: ฿0.12 (vs ฿0.038 in FY 2022)Full year 2023 results: EPS: ฿0.12 (up from ฿0.038 in FY 2022). Revenue: ฿10.4b (flat on FY 2022). Net income: ฿127.0m (up 208% from FY 2022). Profit margin: 1.2% (up from 0.4% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 10% per year.お知らせ • Mar 02Unique Engineering and Construction Public Company Limited, Annual General Meeting, Apr 11, 2024Unique Engineering and Construction Public Company Limited, Annual General Meeting, Apr 11, 2024, at 10:00 SE Asia Standard Time. Location: Auditorium Room, 3rd floor, Jasmine International Tower, No.200 Moo 4 Chaengwattana Rd., Tumbon Pakkred Nontaburi Thailand Agenda: To inform Chairman of the Board; to consider and approve the Minutes of the 2023 Annual General Meeting of Shareholders on April 12th, 2023; to inform and acknowledge the operational result of the Company and the annual report of the Board of Directors in the year 2023; to consider and approve the statement of financial position and statement of comprehensive income for the year ended December 31st, 2023; to consider, approve, and appoint new directors to replace directors whose term expires and to determine directors' remuneration for the year 2024; to consider and appoint the auditors and determine the remuneration of the auditor of the year 2024; to consider and approve the allocation of net profit for the Company's reserve and dividend payment for the year 2023; to consider Other matters.お知らせ • Mar 01Unique Engineering and Construction Public Company Limited Proposes Dividend for the Year 2023, Payable on May 10, 2024Unique Engineering and Construction Public Company Limited at the SBM, the board has approved and proposed the AGM to approve the payment of the company's dividend from the net profit as of December 31, 2023, of THB 54,050,812.65 to the shareholders at the rate of THB 0.05 per share and the company has fixed the Record Date on which shareholders are entitled to receive dividend on March 15th, 2024. The dividend will be paid on May 10, 2024. However, the right to receive the dividend remains uncertain and subject to the final approval from the 2024 Annual General Meeting (AGM).New Risk • Nov 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 148% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Earnings have declined by 59% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (฿3.18b market cap, or US$89.4m).Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: ฿0.036 (vs ฿0.009 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.036 (up from ฿0.009 in 3Q 2022). Revenue: ฿2.60b (up 11% from 3Q 2022). Net income: ฿39.4m (up 286% from 3Q 2022). Profit margin: 1.5% (up from 0.4% in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.お知らせ • Nov 01+ 1 more updateUnique Engineering and Construction Public Company Limited Announces Company Secretary ChangesUnique Engineering and Construction Public Company Limited announced the resignation of Mr. Parinya Ponsawatt from position of Company Secretary. Additionally, The Board of Directors's Meeting No. 10/2023 of the Company on October 31st,2023 has resolved to appoint Mr. Parmuk Bancheun as replacement after the resignation of Mr. Parinya Ponsawatt. Effective from November 1st, 2023, onward.Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: ฿20.73 (vs ฿0.014 in 2Q 2022)Second quarter 2023 results: EPS: ฿20.73 (up from ฿0.014 in 2Q 2022). Revenue: ฿2.56b (flat on 2Q 2022). Net income: ฿22.4m (up 51% from 2Q 2022). Profit margin: 0.9% (up from 0.6% in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.New Risk • Jul 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.3x net interest cover). Earnings have declined by 53% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (฿3.09b market cap, or US$90.3m).お知らせ • Jul 21Unique Engineering and Construction Public Company Limited Announces Board ChangesUnique Engineering and Construction Public Company Limited announced the resignation of Mr. Parinya Ponsawatt from position of Company director, effective from July 17,2023 onward. Additionally, The Board of Directors' Meeting No. 7/2023 of the Company on July 18,2023 has resolved to appoint Ms.Somjai Prathumtong as replacement after the resignation of Mr. Parinya Ponsawatt.Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ฿2.86, the stock trades at a trailing P/E ratio of 62.4x. Average trailing P/E is 18x in the Construction industry in Thailand. Total loss to shareholders of 45% over the past three years.Valuation Update With 7 Day Price Move • Jun 28Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ฿2.40, the stock trades at a trailing P/E ratio of 52.4x. Average trailing P/E is 17x in the Construction industry in Thailand. Total loss to shareholders of 54% over the past three years.Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.014 (vs ฿0.006 in 1Q 2022)First quarter 2023 results: EPS: ฿0.014 (up from ฿0.006 in 1Q 2022). Revenue: ฿2.67b (flat on 1Q 2022). Net income: ฿14.6m (up 133% from 1Q 2022). Profit margin: 0.5% (up from 0.2% in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. 3 independent directors (8 non-independent directors). Independent Director Warintra Wongsongja was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Aug 17Second quarter 2022 earnings released: EPS: ฿0.014 (vs ฿0.006 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.014 (up from ฿0.006 in 2Q 2021). Revenue: ฿3.51b (up 35% from 2Q 2021). Net income: ฿14.9m (up 134% from 2Q 2021). Profit margin: 0.4% (up from 0.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 13%, compared to a 17% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.Reported Earnings • May 18First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: EPS: ฿0.006 (vs ฿0.006 in 1Q 2021). Revenue: ฿2.66b (up 2.6% from 1Q 2021). Net income: ฿6.28m (down 2.2% from 1Q 2021). Profit margin: 0.2% (in line with 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 48%. Over the next year, revenue is forecast to grow 20%, compared to a 36% growth forecast for the industry in Thailand. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.Price Target Changed • Apr 27Price target decreased to ฿4.90Down from ฿8.95, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ฿5.05. Stock is down 19% over the past year. The company is forecast to post earnings per share of ฿0.18 for next year compared to ฿0.026 last year.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. 3 independent directors (8 non-independent directors). Independent Director Warintra Wongsongja was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 02Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: ฿0.026 (down from ฿0.20 in FY 2020). Revenue: ฿11.0b (up 1.0% from FY 2020). Net income: ฿27.8m (down 87% from FY 2020). Profit margin: 0.3% (down from 2.0% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 48%. Over the next year, revenue is forecast to grow 19%, compared to a 21% growth forecast for the industry in Thailand. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS ฿0.007 (vs ฿0.006 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿2.80b (up 10% from 3Q 2020). Net income: ฿7.41m (up 20% from 3Q 2020). Profit margin: 0.3% (up from 0.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ฿0.006 (vs ฿0.046 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ฿2.59b (up 4.0% from 2Q 2020). Net income: ฿6.36m (down 87% from 2Q 2020). Profit margin: 0.2% (down from 2.0% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 47% 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 21Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from ฿11.6b to ฿10.1b. EPS estimate unchanged from ฿0.09 per share at last update. Construction industry in Thailand expected to see average net income growth of 56% next year. Consensus price target of ฿4.30 unchanged from last update. Share price rose 19% to ฿7.15 over the past week.Reported Earnings • May 14First quarter 2021 earnings released: EPS ฿0.006 (vs ฿0.14 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿2.59b (down 2.2% from 1Q 2020). Net income: ฿6.42m (down 96% from 1Q 2020). Profit margin: 0.2% (down from 5.9% in 1Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improved over the past weekAfter last week's 15% share price gain to ฿5.55, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Construction industry in Thailand. Total loss to shareholders of 53% over the past three years.Price Target Changed • Mar 16Price target decreased to ฿4.40Down from ฿8.95, the current price target is an average from 2 analysts. New target price is 6.8% below last closing price of ฿4.72. Stock is up 43% over the past year.Major Estimate Revision • Mar 08Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate was lowered from ฿0.56 to ฿0.27. No change was made to the revenue estimate which at the last update was ฿11.6b. Net income is expected to grow by 31% next year compared to 31% growth forecast for the Construction industry in Thailand. The consensus price target was lowered from ฿8.95 to ฿8.60. Share price is up 5.0% to ฿4.62 over the past week.Analyst Estimate Surprise Post Earnings • Mar 03Revenue and earnings miss expectationsRevenue missed analyst estimates by 5.3%. Earnings per share (EPS) also missed analyst estimates by 55%. Over the next year, revenue is forecast to grow 13%, compared to a 14% growth forecast for the Construction industry in Thailand.Reported Earnings • Mar 03Full year 2020 earnings released: EPS ฿0.20 (vs ฿0.68 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿10.9b (down 9.8% from FY 2019). Net income: ฿220.6m (down 70% from FY 2019). Profit margin: 2.0% (down from 6.0% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Feb 17New 90-day low: ฿4.52The company is down 2.0% from its price of ฿4.62 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 ฿3.00 per share.Is New 90 Day High Low • Dec 03New 90-day high: ฿5.30The company is up 8.0% from its price of ฿4.90 on 03 September 2020. The Thai market is also up 8.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Construction industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿2.54 per share.Price Target Changed • Nov 19Price target lowered to ฿8.95Down from ฿10.90, the current price target is an average from 2 analysts. The new target price is 94% above the current share price of ฿4.62. As of last close, the stock is down 40% over the past year.Reported Earnings • Nov 17Third quarter 2020 earnings released: EPS ฿0.006The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿2.54b (down 11% from 3Q 2019). Net income: ฿6.19m (down 96% from 3Q 2019). Profit margin: 0.2% (down from 6.1% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Oct 19New 90-day low: ฿4.26The company is down 18% from its price of ฿5.20 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 ฿2.52 per share.Is New 90 Day High Low • Sep 29New 90-day low: ฿4.42The company is down 15% from its price of ฿5.20 on 01 July 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 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿2.51 per share.決済の安定と成長配当データの取得安定した配当: UNIQの配当金支払いは、過去10年間 変動性 が高かった。増加する配当: UNIQの配当金支払額は過去10年間減少しています。配当利回り対市場Unique Engineering and Construction 配当利回り対市場UNIQ 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (UNIQ)2.9%市場下位25% (TH)3.3%市場トップ25% (TH)7.4%業界平均 (Construction)3.7%アナリスト予想 (UNIQ) (最長3年)n/a注目すべき配当: UNIQの配当金 ( 2.92% ) はTH市場の配当金支払者の下位 25% ( 3.33% ) と比べると目立ったものではありません。高配当: UNIQの配当金 ( 2.92% ) はTH市場の配当金支払者の上位 25% ( 7.45% ) と比較すると低いです。株主への利益配当収益カバレッジ: UNIQ の配当性向 (8.8%) は低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: UNIQは 現金配当性向 ( 5.7% ) が低いため、配当金の支払いはキャッシュフローによって完全にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YTH 市場の強力な配当支払い企業。View Management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 11:41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Unique Engineering and Construction Public Company Limited 0 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。9 アナリスト機関Wikij TirawannaratBualuang Securities PCLKasem PrunratanamalaCGS InternationalSoraphob PanpiemrasCLSA6 その他のアナリストを表示
Declared Dividend • Mar 02Dividend increased to ฿0.08Dividend of ฿0.08 is 14% higher than last year. Ex-date: 16th March 2026 Payment date: 8th May 2026 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (2% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 28Unique Engineering and Construction Public Company Limited announces Annual dividend, payable on May 08, 2026Unique Engineering and Construction Public Company Limited announced Annual dividend of THB 0.0800 per share payable on May 08, 2026, ex-date on March 16, 2026 and record date on March 17, 2026.
Declared Dividend • Mar 02Dividend increased to ฿0.07Dividend of ฿0.07 is 40% higher than last year. Ex-date: 14th March 2025 Payment date: 9th May 2025 Dividend yield will be 4.1%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (30% 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 decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 66% to shift the payout ratio to a potentially unsustainable range, which is more than the 24% EPS decline seen over the last 5 years.
お知らせ • Feb 28Unique Engineering and Construction Public Company Limited Proposes Cash Dividend for the Year End December 31, 2024, Payable on 9 May, 2025Unique Engineering and Construction Public Company Limited proposed cash dividend of THB 0.07 per share for the year end December 31, 2024. Record date for the right to receive dividends 17 March, 2025. Ex-dividend date is 14 March, 2025, Payment date 9 May, 2025.
Upcoming Dividend • Mar 07Upcoming dividend of ฿0.05 per shareEligible shareholders must have bought the stock before 14 March 2024. Payment date: 10 May 2024. The company last paid an ordinary dividend in March 2013. The average dividend yield among industry peers is 2.0%.
お知らせ • Mar 01Unique Engineering and Construction Public Company Limited Proposes Dividend for the Year 2023, Payable on May 10, 2024Unique Engineering and Construction Public Company Limited at the SBM, the board has approved and proposed the AGM to approve the payment of the company's dividend from the net profit as of December 31, 2023, of THB 54,050,812.65 to the shareholders at the rate of THB 0.05 per share and the company has fixed the Record Date on which shareholders are entitled to receive dividend on March 15th, 2024. The dividend will be paid on May 10, 2024. However, the right to receive the dividend remains uncertain and subject to the final approval from the 2024 Annual General Meeting (AGM).
New Risk • May 23New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 11% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risk Market cap is less than US$100m (฿3.05b market cap, or US$93.4m).
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿2.62, the stock trades at a trailing P/E ratio of 2.9x. Average trailing P/E is 9x in the Construction industry in Thailand. Total loss to shareholders of 36% over the past three years.
Reported Earnings • Mar 02Full year 2025 earnings released: EPS: ฿0.91 (vs ฿0.17 in FY 2024)Full year 2025 results: EPS: ฿0.91 (up from ฿0.17 in FY 2024). Revenue: ฿11.9b (up 14% from FY 2024). Net income: ฿983.9m (up 438% from FY 2024). Profit margin: 8.3% (up from 1.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Declared Dividend • Mar 02Dividend increased to ฿0.08Dividend of ฿0.08 is 14% higher than last year. Ex-date: 16th March 2026 Payment date: 8th May 2026 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (2% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 28Unique Engineering and Construction Public Company Limited announces Annual dividend, payable on May 08, 2026Unique Engineering and Construction Public Company Limited announced Annual dividend of THB 0.0800 per share payable on May 08, 2026, ex-date on March 16, 2026 and record date on March 17, 2026.
Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ฿0.05 (vs ฿0.05 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.05 (in line with 3Q 2024). Revenue: ฿2.81b (down 2.5% from 3Q 2024). Net income: ฿53.7m (down 1.1% from 3Q 2024). Profit margin: 1.9% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿782 (vs ฿0.037 in 2Q 2024)Second quarter 2025 results: EPS: ฿782 (up from ฿0.037 in 2Q 2024). Revenue: ฿4.08b (up 67% from 2Q 2024). Net income: ฿845.4m (up ฿805.3m from 2Q 2024). Profit margin: 21% (up from 1.6% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ฿3.50, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 14x in the Construction industry in Thailand. Total loss to shareholders of 24% over the past three years.
New Risk • Jun 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 31% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿3.16b market cap, or US$97.1m).
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿2.24, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 12x in the Construction industry in Thailand. Total loss to shareholders of 52% over the past three years.
Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.032 (vs ฿0.032 in 1Q 2024)First quarter 2025 results: EPS: ฿0.032 (in line with 1Q 2024). Revenue: ฿2.31b (down 9.7% from 1Q 2024). Net income: ฿34.2m (flat on 1Q 2024). Profit margin: 1.5% (up from 1.3% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ฿2.04, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 13x in the Construction industry in Thailand. Total loss to shareholders of 59% over the past three years.
Declared Dividend • Mar 02Dividend increased to ฿0.07Dividend of ฿0.07 is 40% higher than last year. Ex-date: 14th March 2025 Payment date: 9th May 2025 Dividend yield will be 4.1%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (30% 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 decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 66% to shift the payout ratio to a potentially unsustainable range, which is more than the 24% EPS decline seen over the last 5 years.
お知らせ • Mar 01Unique Engineering and Construction Public Company Limited, Annual General Meeting, Apr 11, 2025Unique Engineering and Construction Public Company Limited, Annual General Meeting, Apr 11, 2025, at 10:00 SE Asia Standard Time.
お知らせ • Feb 28Unique Engineering and Construction Public Company Limited Proposes Cash Dividend for the Year End December 31, 2024, Payable on 9 May, 2025Unique Engineering and Construction Public Company Limited proposed cash dividend of THB 0.07 per share for the year end December 31, 2024. Record date for the right to receive dividends 17 March, 2025. Ex-dividend date is 14 March, 2025, Payment date 9 May, 2025.
New Risk • Feb 24New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 52% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (฿1.89b market cap, or US$56.5m).
Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿2.82, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 15x in the Construction industry in Thailand. Total loss to shareholders of 57% over the past three years.
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: ฿0.037 (vs ฿0.021 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.037 (up from ฿0.021 in 2Q 2023). Revenue: ฿2.44b (down 4.5% from 2Q 2023). Net income: ฿40.1m (up 79% from 2Q 2023). Profit margin: 1.6% (up from 0.9% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
Reported Earnings • May 17First quarter 2024 earnings released: EPS: ฿0.032 (vs ฿0.014 in 1Q 2023)First quarter 2024 results: EPS: ฿0.032 (up from ฿0.014 in 1Q 2023). Revenue: ฿2.56b (down 4.1% from 1Q 2023). Net income: ฿34.1m (up 133% from 1Q 2023). Profit margin: 1.3% (up from 0.5% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
New Risk • Apr 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.68b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 60% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿3.68b market cap, or US$99.8m).
Upcoming Dividend • Mar 07Upcoming dividend of ฿0.05 per shareEligible shareholders must have bought the stock before 14 March 2024. Payment date: 10 May 2024. The company last paid an ordinary dividend in March 2013. The average dividend yield among industry peers is 2.0%.
Reported Earnings • Mar 02Full year 2023 earnings released: EPS: ฿0.12 (vs ฿0.038 in FY 2022)Full year 2023 results: EPS: ฿0.12 (up from ฿0.038 in FY 2022). Revenue: ฿10.4b (flat on FY 2022). Net income: ฿127.0m (up 208% from FY 2022). Profit margin: 1.2% (up from 0.4% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 10% per year.
お知らせ • Mar 02Unique Engineering and Construction Public Company Limited, Annual General Meeting, Apr 11, 2024Unique Engineering and Construction Public Company Limited, Annual General Meeting, Apr 11, 2024, at 10:00 SE Asia Standard Time. Location: Auditorium Room, 3rd floor, Jasmine International Tower, No.200 Moo 4 Chaengwattana Rd., Tumbon Pakkred Nontaburi Thailand Agenda: To inform Chairman of the Board; to consider and approve the Minutes of the 2023 Annual General Meeting of Shareholders on April 12th, 2023; to inform and acknowledge the operational result of the Company and the annual report of the Board of Directors in the year 2023; to consider and approve the statement of financial position and statement of comprehensive income for the year ended December 31st, 2023; to consider, approve, and appoint new directors to replace directors whose term expires and to determine directors' remuneration for the year 2024; to consider and appoint the auditors and determine the remuneration of the auditor of the year 2024; to consider and approve the allocation of net profit for the Company's reserve and dividend payment for the year 2023; to consider Other matters.
お知らせ • Mar 01Unique Engineering and Construction Public Company Limited Proposes Dividend for the Year 2023, Payable on May 10, 2024Unique Engineering and Construction Public Company Limited at the SBM, the board has approved and proposed the AGM to approve the payment of the company's dividend from the net profit as of December 31, 2023, of THB 54,050,812.65 to the shareholders at the rate of THB 0.05 per share and the company has fixed the Record Date on which shareholders are entitled to receive dividend on March 15th, 2024. The dividend will be paid on May 10, 2024. However, the right to receive the dividend remains uncertain and subject to the final approval from the 2024 Annual General Meeting (AGM).
New Risk • Nov 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 148% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Earnings have declined by 59% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (฿3.18b market cap, or US$89.4m).
Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: ฿0.036 (vs ฿0.009 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.036 (up from ฿0.009 in 3Q 2022). Revenue: ฿2.60b (up 11% from 3Q 2022). Net income: ฿39.4m (up 286% from 3Q 2022). Profit margin: 1.5% (up from 0.4% in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 01+ 1 more updateUnique Engineering and Construction Public Company Limited Announces Company Secretary ChangesUnique Engineering and Construction Public Company Limited announced the resignation of Mr. Parinya Ponsawatt from position of Company Secretary. Additionally, The Board of Directors's Meeting No. 10/2023 of the Company on October 31st,2023 has resolved to appoint Mr. Parmuk Bancheun as replacement after the resignation of Mr. Parinya Ponsawatt. Effective from November 1st, 2023, onward.
Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: ฿20.73 (vs ฿0.014 in 2Q 2022)Second quarter 2023 results: EPS: ฿20.73 (up from ฿0.014 in 2Q 2022). Revenue: ฿2.56b (flat on 2Q 2022). Net income: ฿22.4m (up 51% from 2Q 2022). Profit margin: 0.9% (up from 0.6% in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
New Risk • Jul 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.3x net interest cover). Earnings have declined by 53% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (฿3.09b market cap, or US$90.3m).
お知らせ • Jul 21Unique Engineering and Construction Public Company Limited Announces Board ChangesUnique Engineering and Construction Public Company Limited announced the resignation of Mr. Parinya Ponsawatt from position of Company director, effective from July 17,2023 onward. Additionally, The Board of Directors' Meeting No. 7/2023 of the Company on July 18,2023 has resolved to appoint Ms.Somjai Prathumtong as replacement after the resignation of Mr. Parinya Ponsawatt.
Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ฿2.86, the stock trades at a trailing P/E ratio of 62.4x. Average trailing P/E is 18x in the Construction industry in Thailand. Total loss to shareholders of 45% over the past three years.
Valuation Update With 7 Day Price Move • Jun 28Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ฿2.40, the stock trades at a trailing P/E ratio of 52.4x. Average trailing P/E is 17x in the Construction industry in Thailand. Total loss to shareholders of 54% over the past three years.
Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.014 (vs ฿0.006 in 1Q 2022)First quarter 2023 results: EPS: ฿0.014 (up from ฿0.006 in 1Q 2022). Revenue: ฿2.67b (flat on 1Q 2022). Net income: ฿14.6m (up 133% from 1Q 2022). Profit margin: 0.5% (up from 0.2% in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. 3 independent directors (8 non-independent directors). Independent Director Warintra Wongsongja was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 17Second quarter 2022 earnings released: EPS: ฿0.014 (vs ฿0.006 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.014 (up from ฿0.006 in 2Q 2021). Revenue: ฿3.51b (up 35% from 2Q 2021). Net income: ฿14.9m (up 134% from 2Q 2021). Profit margin: 0.4% (up from 0.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 13%, compared to a 17% growth forecast for the Construction industry in Thailand. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 18First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: EPS: ฿0.006 (vs ฿0.006 in 1Q 2021). Revenue: ฿2.66b (up 2.6% from 1Q 2021). Net income: ฿6.28m (down 2.2% from 1Q 2021). Profit margin: 0.2% (in line with 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 48%. Over the next year, revenue is forecast to grow 20%, compared to a 36% growth forecast for the industry in Thailand. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
Price Target Changed • Apr 27Price target decreased to ฿4.90Down from ฿8.95, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ฿5.05. Stock is down 19% over the past year. The company is forecast to post earnings per share of ฿0.18 for next year compared to ฿0.026 last year.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. 3 independent directors (8 non-independent directors). Independent Director Warintra Wongsongja was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 02Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: ฿0.026 (down from ฿0.20 in FY 2020). Revenue: ฿11.0b (up 1.0% from FY 2020). Net income: ฿27.8m (down 87% from FY 2020). Profit margin: 0.3% (down from 2.0% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 48%. Over the next year, revenue is forecast to grow 19%, compared to a 21% growth forecast for the industry in Thailand. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS ฿0.007 (vs ฿0.006 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿2.80b (up 10% from 3Q 2020). Net income: ฿7.41m (up 20% from 3Q 2020). Profit margin: 0.3% (up from 0.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ฿0.006 (vs ฿0.046 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ฿2.59b (up 4.0% from 2Q 2020). Net income: ฿6.36m (down 87% from 2Q 2020). Profit margin: 0.2% (down from 2.0% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 47% 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 21Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from ฿11.6b to ฿10.1b. EPS estimate unchanged from ฿0.09 per share at last update. Construction industry in Thailand expected to see average net income growth of 56% next year. Consensus price target of ฿4.30 unchanged from last update. Share price rose 19% to ฿7.15 over the past week.
Reported Earnings • May 14First quarter 2021 earnings released: EPS ฿0.006 (vs ฿0.14 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿2.59b (down 2.2% from 1Q 2020). Net income: ฿6.42m (down 96% from 1Q 2020). Profit margin: 0.2% (down from 5.9% in 1Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improved over the past weekAfter last week's 15% share price gain to ฿5.55, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Construction industry in Thailand. Total loss to shareholders of 53% over the past three years.
Price Target Changed • Mar 16Price target decreased to ฿4.40Down from ฿8.95, the current price target is an average from 2 analysts. New target price is 6.8% below last closing price of ฿4.72. Stock is up 43% over the past year.
Major Estimate Revision • Mar 08Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate was lowered from ฿0.56 to ฿0.27. No change was made to the revenue estimate which at the last update was ฿11.6b. Net income is expected to grow by 31% next year compared to 31% growth forecast for the Construction industry in Thailand. The consensus price target was lowered from ฿8.95 to ฿8.60. Share price is up 5.0% to ฿4.62 over the past week.
Analyst Estimate Surprise Post Earnings • Mar 03Revenue and earnings miss expectationsRevenue missed analyst estimates by 5.3%. Earnings per share (EPS) also missed analyst estimates by 55%. Over the next year, revenue is forecast to grow 13%, compared to a 14% growth forecast for the Construction industry in Thailand.
Reported Earnings • Mar 03Full year 2020 earnings released: EPS ฿0.20 (vs ฿0.68 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿10.9b (down 9.8% from FY 2019). Net income: ฿220.6m (down 70% from FY 2019). Profit margin: 2.0% (down from 6.0% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Feb 17New 90-day low: ฿4.52The company is down 2.0% from its price of ฿4.62 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 ฿3.00 per share.
Is New 90 Day High Low • Dec 03New 90-day high: ฿5.30The company is up 8.0% from its price of ฿4.90 on 03 September 2020. The Thai market is also up 8.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Construction industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿2.54 per share.
Price Target Changed • Nov 19Price target lowered to ฿8.95Down from ฿10.90, the current price target is an average from 2 analysts. The new target price is 94% above the current share price of ฿4.62. As of last close, the stock is down 40% over the past year.
Reported Earnings • Nov 17Third quarter 2020 earnings released: EPS ฿0.006The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿2.54b (down 11% from 3Q 2019). Net income: ฿6.19m (down 96% from 3Q 2019). Profit margin: 0.2% (down from 6.1% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Oct 19New 90-day low: ฿4.26The company is down 18% from its price of ฿5.20 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 ฿2.52 per share.
Is New 90 Day High Low • Sep 29New 90-day low: ฿4.42The company is down 15% from its price of ฿5.20 on 01 July 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 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿2.51 per share.