View ValuationWIIK 将来の成長Future 基準チェック /06現在、 WIIKの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Building 収益成長20.8%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • May 17First quarter 2026 earnings released: EPS: ฿0.038 (vs ฿0.021 in 1Q 2025)First quarter 2026 results: EPS: ฿0.038 (up from ฿0.021 in 1Q 2025). Revenue: ฿387.9m (up 11% from 1Q 2025). Net income: ฿32.1m (up 86% from 1Q 2025). Profit margin: 8.3% (up from 5.0% in 1Q 2025). The increase in margin was driven by higher 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 19% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Mar 04Upcoming dividend of ฿0.055 per shareEligible shareholders must have bought the stock before 11 March 2026. Payment date: 21 May 2026. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 4.4%. Lower than top quartile of Thai dividend payers (7.3%). Lower than average of industry peers (6.0%).お知らせ • Feb 26Wiik Public Company Limited Proposes Dividend for the Year Ended December 31, 2025, Payable on 21 May 2026WIIK Public Company Limited proposed dividend of THB 0.055 for operating period from January 1, 2025 to December 31, 2025. Payable on 21 May 2026. Ex-dividend date is March 11, 2026. Record date for the right to receive dividend is March 12, 2026.お知らせ • Feb 25WIIK Public Company Limited, Annual General Meeting, Apr 22, 2026WIIK Public Company Limited, Annual General Meeting, Apr 22, 2026, at 14:00 SE Asia Standard Time.Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.017 (vs ฿0.007 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.017 (up from ฿0.007 in 3Q 2024). Revenue: ฿310.0m (down 17% from 3Q 2024). Net income: ฿14.1m (up 125% from 3Q 2024). Profit margin: 4.5% (up from 1.7% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 22% per year.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: ฿0.028 (vs ฿0.009 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.028 (up from ฿0.009 in 2Q 2024). Revenue: ฿395.3m (up 24% from 2Q 2024). Net income: ฿23.6m (up 201% from 2Q 2024). Profit margin: 6.0% (up from 2.5% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 20% per year.お知らせ • Jul 02WIIK Public Company Limited Announces Board ChangesWIIK Public Company Limited acknowledged the resignation of Mr. Shaoquan Lin and Mr. Keming Song from their director positions, effective June 30, 2025, due to their inability to perform duties fully because of other missions. Subsequently, Mr. Manlun Zuo was appointed as director to replace Mr. Shaoquan Lin, and Mr. Yang Zhang was appointed as director and authorized signatory to replace Mr. Keming Song, effective July 1, 2025. The Board of Directors now includes Police General Chidchai Vanasatidya, Ph.D. as Independent Director and Chairman, Mr. Wiboon Sangwithayanon, Mrs. Sumalee Ongcharit, Mr. Manlun Zuo, Mr. Zhe Li, Mr. Yulong Li, Mr. Yang Zhang, Miss Benjawan Sinkunakorn, and Associate Professor Dr. Tanit Tongthong. The Audit Committee consists of Police General Chidchai Vanasatidya, Ph.D., Miss Benjawan Sinkunakorn, and Associate Professor Dr. Tanit Tongthong. The Nomination and Remuneration Committee includes Police General Chidchai Vanasatidya, Ph.D., Miss Benjawan Sinkunakorn, and Mr. Wiboon Sangwithayanon.New Risk • May 14New 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 5.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.0% average weekly change). Market cap is less than US$100m (฿737.2m market cap, or US$22.1m).Reported Earnings • May 14First quarter 2025 earnings released: EPS: ฿0.021 (vs ฿0.013 in 1Q 2024)First quarter 2025 results: EPS: ฿0.021 (up from ฿0.013 in 1Q 2024). Revenue: ฿348.4m (up 9.4% from 1Q 2024). Net income: ฿17.3m (up 55% from 1Q 2024). Profit margin: 5.0% (up from 3.5% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Apr 21Upcoming dividend of ฿0.04 per shareEligible shareholders must have bought the stock before 28 April 2025. Payment date: 20 May 2025. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (7.9%). Lower than average of industry peers (5.2%).Declared Dividend • Mar 03Dividend reduced to ฿0.04Dividend of ฿0.04 is 33% lower than last year. Ex-date: 28th April 2025 Payment date: 20th May 2025 Dividend yield will be 4.4%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is not covered by earnings (155% earnings payout ratio) and 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 96 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 72% to bring the payout ratio under control. However, EPS has remained steady over the last 5 years so the company would need to improve on their historical growth rates.Reported Earnings • Mar 02Full year 2024 earnings released: EPS: ฿0.052 (vs ฿0.059 in FY 2023)Full year 2024 results: EPS: ฿0.052 (down from ฿0.059 in FY 2023). Revenue: ฿1.34b (flat on FY 2023). Net income: ฿43.4m (down 12% from FY 2023). Profit margin: 3.2% (down from 3.7% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.お知らせ • Mar 01WIIK Public Company Limited Proposes Dividend for the Year Ended December 31, 2024, Payable on 20 May 2025WIIK Public Company Limited at its board meeting held on February 28, 2025 approved proposal to the AGM to approve the appropriation of THB 1,443,848 to the statutory reserve and the dividend payment at the rate of THB 0.04 per share for the year ended December 31, 2024, for a total of THB 33,507,322.48 And the scheduling of 29 April 2025 as the record date for the right to receive dividends. The dividend payment will be made to the shareholders on 20 May 2025. Ex dividend date is April 28, 2025.お知らせ • Feb 28WIIK Public Company Limited, Annual General Meeting, Apr 21, 2025WIIK Public Company Limited, Annual General Meeting, Apr 21, 2025, at 14:00 SE Asia Standard Time.New Risk • Nov 23New major risk - Revenue and earnings growthEarnings have declined by 1.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 155% Paying a dividend despite having no free cash flows. Earnings have declined by 1.3% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (฿938.2m market cap, or US$27.2m).Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: ฿0.009 (vs ฿0.019 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.009 (down from ฿0.019 in 2Q 2023). Revenue: ฿319.1m (down 20% from 2Q 2023). Net income: ฿7.84m (down 51% from 2Q 2023). Profit margin: 2.5% (down from 4.0% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.013 (vs ฿0.019 in 1Q 2023)First quarter 2024 results: EPS: ฿0.013 (down from ฿0.019 in 1Q 2023). Revenue: ฿318.1m (down 14% from 1Q 2023). Net income: ฿11.2m (down 30% from 1Q 2023). Profit margin: 3.5% (down from 4.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.お知らせ • May 15WIIK Public Company Limited Announces Board and Committee ChangesThe Board of Directors of WIIK Public Company Limited meeting held on 14 May 2024, approved the important resolutions as follows. Acknowledged the resignation from the position of Director, Authorized Director, and Executive Committee of Mr. Guirong Huang, because he has other duties to perform, causing him not to perform in the said position fully. The resignation has been effective from 14 May 2024 onwards. Appointed Mr. Keming Song to take the position of Director and Authorized Director as a replacement for Mr. Guirong Huang. The term of office of the directors is equal to the remaining term. The appointment has been effective from 14 May 2024 onwards.The Board of Directors can be summarized as follows: Board of Directors: Police General Chidchai Vanasatidya, Ph.D. Independent Director /Chairman of the Board of Directors; Mr. Wiboon Sangwithayanon- Director; Mrs. Sumalee Ongcharit- Director; Dr. Shaoquan Lin-Director; Mr. Zhe Li- Director; Mr. Yulong Li- Director; Mr. Keming Song- Director; Miss. Benjawan Sinkunakorn- Independent Director; Associate Professor Dr. Tanit Tongthong- Independent Director. Audit Committee: Police General Chidchai Vanasatidya, Ph.d-Chairman of the Audit Committee; Miss. Benjawan Sinkunakorn- Audit Committee; Associate Professor Dr. Tanit Tongthong-Audit Committee. Nomination and Remuneration Committee: Police General Chidchai Vanasatidya, Ph.D.- Chairman of the Nomination and Remuneration Committee; Miss. Benjawan Sinkunakorn- Nomination and Remuneration Committee; Mr. Wiboon Sangwithayanon-Nomination and Remuneration Committee.Buy Or Sell Opportunity • May 02Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to ฿1.35. The fair value is estimated to be ฿1.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 40%.Upcoming Dividend • Apr 25Upcoming dividend of ฿0.06 per shareEligible shareholders must have bought the stock before 02 May 2024. Payment date: 20 May 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.2%. Lower than top quartile of Thai dividend payers (6.0%). Lower than average of industry peers (16%).Buy Or Sell Opportunity • Apr 04Now 21% undervaluedOver the last 90 days, the stock has risen 6.7% to ฿1.43. The fair value is estimated to be ฿1.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 40%.Declared Dividend • Feb 25Dividend of ฿0.06 announcedShareholders will receive a dividend of ฿0.06. Ex-date: 2nd May 2024 Payment date: 20th May 2024 Dividend yield will be 4.1%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (70% 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 86 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 24Full year 2023 earnings released: EPS: ฿0.059 (vs ฿0.11 in FY 2022)Full year 2023 results: EPS: ฿0.059 (down from ฿0.11 in FY 2022). Revenue: ฿1.34b (down 12% from FY 2022). Net income: ฿49.2m (down 48% from FY 2022). Profit margin: 3.7% (down from 6.3% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.お知らせ • Feb 24WIIK Public Company Limited, Annual General Meeting, Apr 22, 2024WIIK Public Company Limited, Annual General Meeting, Apr 22, 2024, at 14:00 SE Asia Standard Time. Location: Company's office, No. 90, CW Tower A, 35th Floor, Ratchadaphisek road Huai Khwang Subdistrict, Huai Khwang District, Bangkok 10310 Bangkok Thailand Agenda: To approve Minutes of the Annual General Meeting of Shareholders 2023 on 28 April 2023; to acknowledge the operating results and the annual report of the Board of Directors for the year 2023; to approve the auditor's report and financial statements for the year 2023 ended 31 December 2023; to approve the allocation of profits for statutory reserve and dividend payment for the year 2023; to consider the term of directors and nominate the new directors for election; and to consider other business matters.Buy Or Sell Opportunity • Jan 26Now 21% undervaluedOver the last 90 days, the stock has risen 22% to ฿1.61. The fair value is estimated to be ฿2.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 34%.お知らせ • Jan 26WIIK Public Company Limited Announces Executive ChangesThe Board of Directors of WIIK Public Company Limited on 26 January 2024, approved the important resolutions as follows. Acknowledged the resignation from the position of Director and Authorized Director of Mr. Karn Siriphatras, because he has other duties to perform, causing him not to perform in the said position fully. The resignation has been effective from 26 January 2024 onwards. Appointed Mrs. Sumalee Ongcharit to take the position of Director and Authorized Director as a replacement for Mr. Karn Siriphatras. The term of office of the directors is equal to the remaining term. The appointment has been effective from 26 January 2024 onwards. Audit Committee consists of Police General Chidchai Vanasatidya, Ph.d Chairman, Miss Benjawan Sinkunakorn, Associate Professor Dr. Tanit Tongthong. Nomination and Remuneration Committee consists of Police General Chidchai Vanasatidya, Ph.D. Chairman, Miss Benjawan Sinkunakorn, Mr. Wiboon Sangwithayanon.Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: ฿0.012 (vs ฿0.037 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.012 (down from ฿0.037 in 3Q 2022). Revenue: ฿278.4m (down 24% from 3Q 2022). Net income: ฿10.2m (down 67% from 3Q 2022). Profit margin: 3.7% (down from 8.3% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 34% 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.お知らせ • Nov 15WIIK Public Company Limited Announces Management ChangesWIIK Public Company Limited announced that Acknowledged the resignation from the position of Director, Authorized Director, and Executive Committee of Mr. Rocky Kin Lau, because he has other duties to perform, causing him not to perform in the said position fully. The resignation has been effective from 14 November 2023 onwards. Appointed Mr. Guirong Huang to take the position of Director, Authorized Director, and Executive Committee as a replacement for Mr. Rocky Kin Lau. The term of office of the directors is equal to the remaining term. The appointment has been effective from 14 November 2023 onwards. Audit Committee: Police General Chidchai Vanasatidya, Ph.d asChairman of the Audit Committee, Miss Benjawan Sinkunakorn as member of Audit Committee and Associate Professor Dr. Tanit Tongthong as member of Audit Committee. Nomination and Remuneration Committee: Police General Chidchai Vanasatidya, Ph.D. as Chairman of the Nomination and Remuneration Committee, Miss Benjawan Sinkunakorn as member of Nomination and Remuneration Committee and Mr. Wiboon Sangwithayanon as member of Nomination and Remuneration Committee.Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: ฿0.019 (vs ฿0.022 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.019 (down from ฿0.022 in 2Q 2022). Revenue: ฿398.5m (up 7.0% from 2Q 2022). Net income: ฿15.8m (down 13% from 2Q 2022). Profit margin: 4.0% (down from 4.9% in 2Q 2022). The decrease in margin was driven by higher expenses. 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 10% per year, which means it has not declined as severely as earnings.Upcoming Dividend • May 02Upcoming dividend of ฿0.06 per share at 3.3% yieldEligible shareholders must have bought the stock before 09 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Thai dividend payers (6.2%). Lower than average of industry peers (4.6%).Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Tanit Tongthong was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: ฿0.022 (vs ฿0.058 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.022 (down from ฿0.058 in 2Q 2021). Revenue: ฿371.3m (down 1.1% from 2Q 2021). Net income: ฿18.2m (down 46% from 2Q 2021). Profit margin: 4.9% (down from 8.9% in 2Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 13First quarter 2022 earnings released: EPS: ฿0.019 (vs ฿0.044 in 1Q 2021)First quarter 2022 results: EPS: ฿0.019 (down from ฿0.044 in 1Q 2021). Revenue: ฿318.2m (down 9.1% from 1Q 2021). Net income: ฿16.1m (down 36% from 1Q 2021). Profit margin: 5.1% (down from 7.2% in 1Q 2021). 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 only increased by 8% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Apr 28Upcoming dividend of ฿0.09 per shareEligible shareholders must have bought the stock before 05 May 2022. Payment date: 26 May 2022. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Thai dividend payers (5.1%). Lower than average of industry peers (4.7%).Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Chairman Chidchai Vanasatidya was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Feb 24Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: ฿0.14 (down from ฿0.24 in FY 2020). Revenue: ฿1.30b (down 20% from FY 2020). Net income: ฿91.4m (down 16% from FY 2020). Profit margin: 7.1% (up from 6.7% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 8.2%. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿2.76, the stock trades at a trailing P/E ratio of 12.8x. Average forward P/E is 14x in the Building industry in Thailand. Total returns to shareholders of 46% over the past three years.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS ฿0.058 (vs ฿0.065 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ฿375.5m (down 18% from 2Q 2020). Net income: ฿33.3m (up 16% from 2Q 2020). Profit margin: 8.9% (up from 6.3% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 15First quarter 2021 earnings released: EPS ฿0.044 (vs ฿0.056 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ฿350.1m (down 8.1% from 1Q 2020). Net income: ฿25.1m (up 3.1% from 1Q 2020). Profit margin: 7.2% (up from 6.4% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Apr 25Upcoming dividend of ฿0.09 per shareEligible shareholders must have bought the stock before 30 April 2021. Payment date: 21 May 2021. Trailing yield: 6.8%. Within top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (4.9%).Reported Earnings • Mar 02Full year 2020 earnings released: EPS ฿0.19 (vs ฿0.049 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿1.62b (up 29% from FY 2019). Net income: ฿109.3m (up 407% from FY 2019). Profit margin: 6.7% (up from 1.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Is New 90 Day High Low • Feb 18New 90-day high: ฿2.74The company is up 8.0% from its price of ฿2.54 on 20 November 2020. The Thai market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 10.0% over the same period.Reported Earnings • Nov 19Third quarter 2020 earnings released: EPS ฿0.059The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿362.0m (up 10% from 3Q 2019). Net income: ฿25.4m (up 128% from 3Q 2019). Profit margin: 7.0% (up from 3.4% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% 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.Is New 90 Day High Low • Oct 26New 90-day high: ฿3.16The company is up 60% from its price of ฿1.98 on 24 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is down 6.0% over the same period.Upcoming Dividend • Oct 15Upcoming Dividend of ฿0.10 Per ShareWill be paid on the 9th of November to those who are registered shareholders by the 22nd of October. The trailing yield of 3.3% is below the top quartile of Thai dividend payers (7.0%), and is lower than industry peers (3.7%).Valuation Update With 7 Day Price Move • Oct 13Market bids up stock over the past weekAfter last week's 32% share price gain to ฿2.96, the stock is trading at a trailing P/E ratio of 17.6x, up from the previous P/E ratio of 13.3x. This compares to an average P/E of 15x in the Building industry in Thailand. Total return to shareholders over the past three years is a loss of 13%.Is New 90 Day High Low • Oct 01New 90-day high: ฿2.36The company is up 41% from its price of ฿1.67 on 03 July 2020. The Thai market is down 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 12% over the same period. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、WIIK は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測SET:WIIK - アナリストの将来予測と過去の財務データ ( )THB Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/20261,43786254308N/A12/31/20251,39771223276N/A9/30/20251,38573-143-48N/A6/30/20251,45165-194-64N/A3/31/20251,37450-10939N/A12/31/20241,34443-6391N/A9/30/20241,30332-46127N/A6/30/20241,2063688259N/A3/31/20241,2854443266N/A12/31/20231,33649-36199N/A9/30/20231,52072-8175N/A6/30/20231,60093-59109N/A3/31/20231,57395-5053N/A12/31/20221,52295-2153N/A9/30/20221,3317671133N/A6/30/20221,2606763128N/A3/31/20221,2638258124N/A12/31/20211,2959188156N/A9/30/20211,43511111119N/A6/30/20211,508115-150-59N/A3/31/20211,591110-173-22N/A12/31/20201,622109-231-61N/A9/30/20201,51688-13122N/A6/30/20201,48474137268N/A3/31/20201,35346317503N/A12/31/20191,25222N/A290N/A9/30/20191,2467N/A-5N/A6/30/20191,255-3N/A-67N/A3/31/20191,1964N/A-357N/A12/31/20181,22012N/A-127N/A9/30/20181,18729N/A-25N/A6/30/20181,15949N/A158N/A3/31/20181,20968N/A135N/A12/31/20171,21190N/A99N/A9/30/20171,20198N/A204N/A6/30/20171,249122N/A-43N/A3/31/20171,242133N/A-15N/A12/31/20161,234134N/A104N/A9/30/20161,331131N/A-15N/A6/30/20161,277120N/A1N/A3/31/20161,198101N/A-47N/A12/31/20151,16383N/A-60N/A9/30/20151,03859N/A-108N/A6/30/201598921N/A31N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: WIIKの予測収益成長が 貯蓄率 ( 2.2% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: WIIKの収益がTH市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: WIIKの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: WIIKの収益がTH市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: WIIKの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: WIIKの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/13 22:02終値2026/06/12 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WIIK 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。1 アナリスト機関Natapon KhamthakrueYuanta Securities (Thailand) Company Limited
Reported Earnings • May 17First quarter 2026 earnings released: EPS: ฿0.038 (vs ฿0.021 in 1Q 2025)First quarter 2026 results: EPS: ฿0.038 (up from ฿0.021 in 1Q 2025). Revenue: ฿387.9m (up 11% from 1Q 2025). Net income: ฿32.1m (up 86% from 1Q 2025). Profit margin: 8.3% (up from 5.0% in 1Q 2025). The increase in margin was driven by higher 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 19% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Mar 04Upcoming dividend of ฿0.055 per shareEligible shareholders must have bought the stock before 11 March 2026. Payment date: 21 May 2026. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 4.4%. Lower than top quartile of Thai dividend payers (7.3%). Lower than average of industry peers (6.0%).
お知らせ • Feb 26Wiik Public Company Limited Proposes Dividend for the Year Ended December 31, 2025, Payable on 21 May 2026WIIK Public Company Limited proposed dividend of THB 0.055 for operating period from January 1, 2025 to December 31, 2025. Payable on 21 May 2026. Ex-dividend date is March 11, 2026. Record date for the right to receive dividend is March 12, 2026.
お知らせ • Feb 25WIIK Public Company Limited, Annual General Meeting, Apr 22, 2026WIIK Public Company Limited, Annual General Meeting, Apr 22, 2026, at 14:00 SE Asia Standard Time.
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.017 (vs ฿0.007 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.017 (up from ฿0.007 in 3Q 2024). Revenue: ฿310.0m (down 17% from 3Q 2024). Net income: ฿14.1m (up 125% from 3Q 2024). Profit margin: 4.5% (up from 1.7% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 22% per year.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: ฿0.028 (vs ฿0.009 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.028 (up from ฿0.009 in 2Q 2024). Revenue: ฿395.3m (up 24% from 2Q 2024). Net income: ฿23.6m (up 201% from 2Q 2024). Profit margin: 6.0% (up from 2.5% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 20% per year.
お知らせ • Jul 02WIIK Public Company Limited Announces Board ChangesWIIK Public Company Limited acknowledged the resignation of Mr. Shaoquan Lin and Mr. Keming Song from their director positions, effective June 30, 2025, due to their inability to perform duties fully because of other missions. Subsequently, Mr. Manlun Zuo was appointed as director to replace Mr. Shaoquan Lin, and Mr. Yang Zhang was appointed as director and authorized signatory to replace Mr. Keming Song, effective July 1, 2025. The Board of Directors now includes Police General Chidchai Vanasatidya, Ph.D. as Independent Director and Chairman, Mr. Wiboon Sangwithayanon, Mrs. Sumalee Ongcharit, Mr. Manlun Zuo, Mr. Zhe Li, Mr. Yulong Li, Mr. Yang Zhang, Miss Benjawan Sinkunakorn, and Associate Professor Dr. Tanit Tongthong. The Audit Committee consists of Police General Chidchai Vanasatidya, Ph.D., Miss Benjawan Sinkunakorn, and Associate Professor Dr. Tanit Tongthong. The Nomination and Remuneration Committee includes Police General Chidchai Vanasatidya, Ph.D., Miss Benjawan Sinkunakorn, and Mr. Wiboon Sangwithayanon.
New Risk • May 14New 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 5.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.0% average weekly change). Market cap is less than US$100m (฿737.2m market cap, or US$22.1m).
Reported Earnings • May 14First quarter 2025 earnings released: EPS: ฿0.021 (vs ฿0.013 in 1Q 2024)First quarter 2025 results: EPS: ฿0.021 (up from ฿0.013 in 1Q 2024). Revenue: ฿348.4m (up 9.4% from 1Q 2024). Net income: ฿17.3m (up 55% from 1Q 2024). Profit margin: 5.0% (up from 3.5% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Apr 21Upcoming dividend of ฿0.04 per shareEligible shareholders must have bought the stock before 28 April 2025. Payment date: 20 May 2025. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (7.9%). Lower than average of industry peers (5.2%).
Declared Dividend • Mar 03Dividend reduced to ฿0.04Dividend of ฿0.04 is 33% lower than last year. Ex-date: 28th April 2025 Payment date: 20th May 2025 Dividend yield will be 4.4%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is not covered by earnings (155% earnings payout ratio) and 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 96 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 72% to bring the payout ratio under control. However, EPS has remained steady over the last 5 years so the company would need to improve on their historical growth rates.
Reported Earnings • Mar 02Full year 2024 earnings released: EPS: ฿0.052 (vs ฿0.059 in FY 2023)Full year 2024 results: EPS: ฿0.052 (down from ฿0.059 in FY 2023). Revenue: ฿1.34b (flat on FY 2023). Net income: ฿43.4m (down 12% from FY 2023). Profit margin: 3.2% (down from 3.7% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 01WIIK Public Company Limited Proposes Dividend for the Year Ended December 31, 2024, Payable on 20 May 2025WIIK Public Company Limited at its board meeting held on February 28, 2025 approved proposal to the AGM to approve the appropriation of THB 1,443,848 to the statutory reserve and the dividend payment at the rate of THB 0.04 per share for the year ended December 31, 2024, for a total of THB 33,507,322.48 And the scheduling of 29 April 2025 as the record date for the right to receive dividends. The dividend payment will be made to the shareholders on 20 May 2025. Ex dividend date is April 28, 2025.
お知らせ • Feb 28WIIK Public Company Limited, Annual General Meeting, Apr 21, 2025WIIK Public Company Limited, Annual General Meeting, Apr 21, 2025, at 14:00 SE Asia Standard Time.
New Risk • Nov 23New major risk - Revenue and earnings growthEarnings have declined by 1.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 155% Paying a dividend despite having no free cash flows. Earnings have declined by 1.3% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (฿938.2m market cap, or US$27.2m).
Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: ฿0.009 (vs ฿0.019 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.009 (down from ฿0.019 in 2Q 2023). Revenue: ฿319.1m (down 20% from 2Q 2023). Net income: ฿7.84m (down 51% from 2Q 2023). Profit margin: 2.5% (down from 4.0% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.013 (vs ฿0.019 in 1Q 2023)First quarter 2024 results: EPS: ฿0.013 (down from ฿0.019 in 1Q 2023). Revenue: ฿318.1m (down 14% from 1Q 2023). Net income: ฿11.2m (down 30% from 1Q 2023). Profit margin: 3.5% (down from 4.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
お知らせ • May 15WIIK Public Company Limited Announces Board and Committee ChangesThe Board of Directors of WIIK Public Company Limited meeting held on 14 May 2024, approved the important resolutions as follows. Acknowledged the resignation from the position of Director, Authorized Director, and Executive Committee of Mr. Guirong Huang, because he has other duties to perform, causing him not to perform in the said position fully. The resignation has been effective from 14 May 2024 onwards. Appointed Mr. Keming Song to take the position of Director and Authorized Director as a replacement for Mr. Guirong Huang. The term of office of the directors is equal to the remaining term. The appointment has been effective from 14 May 2024 onwards.The Board of Directors can be summarized as follows: Board of Directors: Police General Chidchai Vanasatidya, Ph.D. Independent Director /Chairman of the Board of Directors; Mr. Wiboon Sangwithayanon- Director; Mrs. Sumalee Ongcharit- Director; Dr. Shaoquan Lin-Director; Mr. Zhe Li- Director; Mr. Yulong Li- Director; Mr. Keming Song- Director; Miss. Benjawan Sinkunakorn- Independent Director; Associate Professor Dr. Tanit Tongthong- Independent Director. Audit Committee: Police General Chidchai Vanasatidya, Ph.d-Chairman of the Audit Committee; Miss. Benjawan Sinkunakorn- Audit Committee; Associate Professor Dr. Tanit Tongthong-Audit Committee. Nomination and Remuneration Committee: Police General Chidchai Vanasatidya, Ph.D.- Chairman of the Nomination and Remuneration Committee; Miss. Benjawan Sinkunakorn- Nomination and Remuneration Committee; Mr. Wiboon Sangwithayanon-Nomination and Remuneration Committee.
Buy Or Sell Opportunity • May 02Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to ฿1.35. The fair value is estimated to be ฿1.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 40%.
Upcoming Dividend • Apr 25Upcoming dividend of ฿0.06 per shareEligible shareholders must have bought the stock before 02 May 2024. Payment date: 20 May 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.2%. Lower than top quartile of Thai dividend payers (6.0%). Lower than average of industry peers (16%).
Buy Or Sell Opportunity • Apr 04Now 21% undervaluedOver the last 90 days, the stock has risen 6.7% to ฿1.43. The fair value is estimated to be ฿1.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 40%.
Declared Dividend • Feb 25Dividend of ฿0.06 announcedShareholders will receive a dividend of ฿0.06. Ex-date: 2nd May 2024 Payment date: 20th May 2024 Dividend yield will be 4.1%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (70% 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 86 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 24Full year 2023 earnings released: EPS: ฿0.059 (vs ฿0.11 in FY 2022)Full year 2023 results: EPS: ฿0.059 (down from ฿0.11 in FY 2022). Revenue: ฿1.34b (down 12% from FY 2022). Net income: ฿49.2m (down 48% from FY 2022). Profit margin: 3.7% (down from 6.3% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 24WIIK Public Company Limited, Annual General Meeting, Apr 22, 2024WIIK Public Company Limited, Annual General Meeting, Apr 22, 2024, at 14:00 SE Asia Standard Time. Location: Company's office, No. 90, CW Tower A, 35th Floor, Ratchadaphisek road Huai Khwang Subdistrict, Huai Khwang District, Bangkok 10310 Bangkok Thailand Agenda: To approve Minutes of the Annual General Meeting of Shareholders 2023 on 28 April 2023; to acknowledge the operating results and the annual report of the Board of Directors for the year 2023; to approve the auditor's report and financial statements for the year 2023 ended 31 December 2023; to approve the allocation of profits for statutory reserve and dividend payment for the year 2023; to consider the term of directors and nominate the new directors for election; and to consider other business matters.
Buy Or Sell Opportunity • Jan 26Now 21% undervaluedOver the last 90 days, the stock has risen 22% to ฿1.61. The fair value is estimated to be ฿2.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 34%.
お知らせ • Jan 26WIIK Public Company Limited Announces Executive ChangesThe Board of Directors of WIIK Public Company Limited on 26 January 2024, approved the important resolutions as follows. Acknowledged the resignation from the position of Director and Authorized Director of Mr. Karn Siriphatras, because he has other duties to perform, causing him not to perform in the said position fully. The resignation has been effective from 26 January 2024 onwards. Appointed Mrs. Sumalee Ongcharit to take the position of Director and Authorized Director as a replacement for Mr. Karn Siriphatras. The term of office of the directors is equal to the remaining term. The appointment has been effective from 26 January 2024 onwards. Audit Committee consists of Police General Chidchai Vanasatidya, Ph.d Chairman, Miss Benjawan Sinkunakorn, Associate Professor Dr. Tanit Tongthong. Nomination and Remuneration Committee consists of Police General Chidchai Vanasatidya, Ph.D. Chairman, Miss Benjawan Sinkunakorn, Mr. Wiboon Sangwithayanon.
Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: ฿0.012 (vs ฿0.037 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.012 (down from ฿0.037 in 3Q 2022). Revenue: ฿278.4m (down 24% from 3Q 2022). Net income: ฿10.2m (down 67% from 3Q 2022). Profit margin: 3.7% (down from 8.3% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 34% 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.
お知らせ • Nov 15WIIK Public Company Limited Announces Management ChangesWIIK Public Company Limited announced that Acknowledged the resignation from the position of Director, Authorized Director, and Executive Committee of Mr. Rocky Kin Lau, because he has other duties to perform, causing him not to perform in the said position fully. The resignation has been effective from 14 November 2023 onwards. Appointed Mr. Guirong Huang to take the position of Director, Authorized Director, and Executive Committee as a replacement for Mr. Rocky Kin Lau. The term of office of the directors is equal to the remaining term. The appointment has been effective from 14 November 2023 onwards. Audit Committee: Police General Chidchai Vanasatidya, Ph.d asChairman of the Audit Committee, Miss Benjawan Sinkunakorn as member of Audit Committee and Associate Professor Dr. Tanit Tongthong as member of Audit Committee. Nomination and Remuneration Committee: Police General Chidchai Vanasatidya, Ph.D. as Chairman of the Nomination and Remuneration Committee, Miss Benjawan Sinkunakorn as member of Nomination and Remuneration Committee and Mr. Wiboon Sangwithayanon as member of Nomination and Remuneration Committee.
Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: ฿0.019 (vs ฿0.022 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.019 (down from ฿0.022 in 2Q 2022). Revenue: ฿398.5m (up 7.0% from 2Q 2022). Net income: ฿15.8m (down 13% from 2Q 2022). Profit margin: 4.0% (down from 4.9% in 2Q 2022). The decrease in margin was driven by higher expenses. 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 10% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • May 02Upcoming dividend of ฿0.06 per share at 3.3% yieldEligible shareholders must have bought the stock before 09 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Thai dividend payers (6.2%). Lower than average of industry peers (4.6%).
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Tanit Tongthong was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: ฿0.022 (vs ฿0.058 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.022 (down from ฿0.058 in 2Q 2021). Revenue: ฿371.3m (down 1.1% from 2Q 2021). Net income: ฿18.2m (down 46% from 2Q 2021). Profit margin: 4.9% (down from 8.9% in 2Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 13First quarter 2022 earnings released: EPS: ฿0.019 (vs ฿0.044 in 1Q 2021)First quarter 2022 results: EPS: ฿0.019 (down from ฿0.044 in 1Q 2021). Revenue: ฿318.2m (down 9.1% from 1Q 2021). Net income: ฿16.1m (down 36% from 1Q 2021). Profit margin: 5.1% (down from 7.2% in 1Q 2021). 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 only increased by 8% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Apr 28Upcoming dividend of ฿0.09 per shareEligible shareholders must have bought the stock before 05 May 2022. Payment date: 26 May 2022. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Thai dividend payers (5.1%). Lower than average of industry peers (4.7%).
Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Chairman Chidchai Vanasatidya was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Feb 24Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: ฿0.14 (down from ฿0.24 in FY 2020). Revenue: ฿1.30b (down 20% from FY 2020). Net income: ฿91.4m (down 16% from FY 2020). Profit margin: 7.1% (up from 6.7% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 8.2%. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿2.76, the stock trades at a trailing P/E ratio of 12.8x. Average forward P/E is 14x in the Building industry in Thailand. Total returns to shareholders of 46% over the past three years.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS ฿0.058 (vs ฿0.065 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ฿375.5m (down 18% from 2Q 2020). Net income: ฿33.3m (up 16% from 2Q 2020). Profit margin: 8.9% (up from 6.3% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 15First quarter 2021 earnings released: EPS ฿0.044 (vs ฿0.056 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ฿350.1m (down 8.1% from 1Q 2020). Net income: ฿25.1m (up 3.1% from 1Q 2020). Profit margin: 7.2% (up from 6.4% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Apr 25Upcoming dividend of ฿0.09 per shareEligible shareholders must have bought the stock before 30 April 2021. Payment date: 21 May 2021. Trailing yield: 6.8%. Within top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (4.9%).
Reported Earnings • Mar 02Full year 2020 earnings released: EPS ฿0.19 (vs ฿0.049 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿1.62b (up 29% from FY 2019). Net income: ฿109.3m (up 407% from FY 2019). Profit margin: 6.7% (up from 1.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Is New 90 Day High Low • Feb 18New 90-day high: ฿2.74The company is up 8.0% from its price of ฿2.54 on 20 November 2020. The Thai market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 10.0% over the same period.
Reported Earnings • Nov 19Third quarter 2020 earnings released: EPS ฿0.059The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿362.0m (up 10% from 3Q 2019). Net income: ฿25.4m (up 128% from 3Q 2019). Profit margin: 7.0% (up from 3.4% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% 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.
Is New 90 Day High Low • Oct 26New 90-day high: ฿3.16The company is up 60% from its price of ฿1.98 on 24 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is down 6.0% over the same period.
Upcoming Dividend • Oct 15Upcoming Dividend of ฿0.10 Per ShareWill be paid on the 9th of November to those who are registered shareholders by the 22nd of October. The trailing yield of 3.3% is below the top quartile of Thai dividend payers (7.0%), and is lower than industry peers (3.7%).
Valuation Update With 7 Day Price Move • Oct 13Market bids up stock over the past weekAfter last week's 32% share price gain to ฿2.96, the stock is trading at a trailing P/E ratio of 17.6x, up from the previous P/E ratio of 13.3x. This compares to an average P/E of 15x in the Building industry in Thailand. Total return to shareholders over the past three years is a loss of 13%.
Is New 90 Day High Low • Oct 01New 90-day high: ฿2.36The company is up 41% from its price of ฿1.67 on 03 July 2020. The Thai market is down 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 12% over the same period.