View ValuationSrinanaporn Marketing 将来の成長Future 基準チェック /26Srinanaporn Marketing利益と収益がそれぞれ年間16.1%と5.5%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に19.8% 13.8%なると予測されています。主要情報16.1%収益成長率13.85%EPS成長率Food 収益成長7.3%収益成長率5.5%将来の株主資本利益率19.82%アナリストカバレッジLow最終更新日06 May 2026今後の成長に関する最新情報Major Estimate Revision • Mar 06Consensus EPS estimates fall by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ฿6.05b to ฿5.81b. EPS estimate also fell from ฿0.662 per share to ฿0.543 per share. Net income forecast to grow 0.6% next year vs 12% growth forecast for Food industry in Thailand. Consensus price target down from ฿9.10 to ฿8.01. Share price fell 9.0% to ฿7.05 over the past week.Price Target Changed • Nov 15Price target decreased by 8.8% to ฿10.40Down from ฿11.40, the current price target is an average from 6 analysts. New target price is 45% above last closing price of ฿7.15. Stock is down 40% over the past year. The company is forecast to post earnings per share of ฿0.70 for next year compared to ฿0.68 last year.Price Target Changed • Aug 01Price target decreased by 7.1% to ฿11.92Down from ฿12.83, the current price target is an average from 6 analysts. New target price is 21% above last closing price of ฿9.85. Stock is down 19% over the past year. The company is forecast to post earnings per share of ฿0.69 for next year compared to ฿0.68 last year.Price Target Changed • Jun 26Price target decreased by 17% to ฿12.83Down from ฿15.39, the current price target is an average from 6 analysts. New target price is 43% above last closing price of ฿8.95. Stock is down 37% over the past year. The company is forecast to post earnings per share of ฿0.74 for next year compared to ฿0.68 last year.Price Target Changed • Nov 02Price target decreased by 9.4% to ฿15.84Down from ฿17.49, the current price target is an average from 7 analysts. New target price is 28% above last closing price of ฿12.40. Stock is down 27% over the past year. The company is forecast to post earnings per share of ฿0.69 for next year compared to ฿0.66 last year.Price Target Changed • Aug 09Price target decreased by 11% to ฿18.07Down from ฿20.34, the current price target is an average from 7 analysts. New target price is 49% above last closing price of ฿12.10. Stock is down 43% over the past year. The company is forecast to post earnings per share of ฿0.75 for next year compared to ฿0.66 last year.すべての更新を表示Recent updatesNew Risk • May 07New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.5% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 93% Dividend per share is over 11x cash flows per share. Minor Risk Profit margins are more than 30% lower than last year (7.5% net profit margin).Reported Earnings • May 07First quarter 2026 earnings released: EPS: ฿0.07 (vs ฿0.18 in 1Q 2025)First quarter 2026 results: EPS: ฿0.07 (down from ฿0.18 in 1Q 2025). Revenue: ฿1.29b (down 14% from 1Q 2025). Net income: ฿60.3m (down 65% from 1Q 2025). Profit margin: 4.7% (down from 11% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Food industry in Thailand. 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 34% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Apr 28Upcoming dividend of ฿0.34 per shareEligible shareholders must have bought the stock before 05 May 2026. Payment date: 21 May 2026. Payout ratio is on the higher end at 93%, and the cash payout ratio is above 100%. Trailing yield: 9.7%. Within top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (5.8%).Major Estimate Revision • Mar 06Consensus EPS estimates fall by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ฿6.05b to ฿5.81b. EPS estimate also fell from ฿0.662 per share to ฿0.543 per share. Net income forecast to grow 0.6% next year vs 12% growth forecast for Food industry in Thailand. Consensus price target down from ฿9.10 to ฿8.01. Share price fell 9.0% to ฿7.05 over the past week.Buy Or Sell Opportunity • Mar 03Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.4% to ฿7.05. The fair value is estimated to be ฿9.57, 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 grown by 3.0%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 5.8% per annum over the same time period.Reported Earnings • Mar 01Full year 2025 earnings released: EPS: ฿0.57 (vs ฿0.68 in FY 2024)Full year 2025 results: EPS: ฿0.57 (down from ฿0.68 in FY 2024). Revenue: ฿5.66b (down 5.3% from FY 2024). Net income: ฿518.3m (down 21% from FY 2024). Profit margin: 9.2% (down from 11% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Food industry in Thailand. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.Declared Dividend • Mar 01Final dividend of ฿0.34 announcedShareholders will receive a dividend of ฿0.34. Ex-date: 5th May 2026 Payment date: 21st May 2026 Dividend yield will be 7.7%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) nor is it covered by cash flows (dividend approximately 20x free cash flows). The dividend has increased by an average of 28% per year over the past 5 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 2.8% to bring the payout ratio under control. EPS is expected to grow by 21% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.お知らせ • Feb 27Srinanaporn Marketing Public Company Limited, Annual General Meeting, Apr 24, 2026Srinanaporn Marketing Public Company Limited, Annual General Meeting, Apr 24, 2026, at 10:00 SE Asia Standard Time.Price Target Changed • Nov 15Price target decreased by 8.8% to ฿10.40Down from ฿11.40, the current price target is an average from 6 analysts. New target price is 45% above last closing price of ฿7.15. Stock is down 40% over the past year. The company is forecast to post earnings per share of ฿0.70 for next year compared to ฿0.68 last year.Reported Earnings • Nov 12Third quarter 2025 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2025 results: EPS: ฿0.14 (down from ฿0.17 in 3Q 2024). Revenue: ฿1.40b (flat on 3Q 2024). Net income: ฿129.6m (down 21% from 3Q 2024). Profit margin: 9.3% (down from 12% in 3Q 2024). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Food industry in Thailand. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.Declared Dividend • Aug 11First half dividend of ฿0.25 announcedShareholders will receive a dividend of ฿0.25. Ex-date: 21st August 2025 Payment date: 5th September 2025 Dividend yield will be 5.9%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (278% cash payout ratio). The dividend has increased by an average of 37% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 09Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: ฿0.14 (down from ฿0.17 in 2Q 2024). Revenue: ฿1.40b (down 7.4% from 2Q 2024). Net income: ฿129.8m (down 20% from 2Q 2024). Profit margin: 9.3% (down from 11% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Food industry in Thailand. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Price Target Changed • Aug 01Price target decreased by 7.1% to ฿11.92Down from ฿12.83, the current price target is an average from 6 analysts. New target price is 21% above last closing price of ฿9.85. Stock is down 19% over the past year. The company is forecast to post earnings per share of ฿0.69 for next year compared to ฿0.68 last year.Price Target Changed • Jun 26Price target decreased by 17% to ฿12.83Down from ฿15.39, the current price target is an average from 6 analysts. New target price is 43% above last closing price of ฿8.95. Stock is down 37% over the past year. The company is forecast to post earnings per share of ฿0.74 for next year compared to ฿0.68 last year.Reported Earnings • May 14First quarter 2025 earnings released: EPS: ฿0.18 (vs ฿0.16 in 1Q 2024)First quarter 2025 results: EPS: ฿0.18 (up from ฿0.16 in 1Q 2024). Revenue: ฿1.50b (up 2.7% from 1Q 2024). Net income: ฿170.4m (up 8.2% from 1Q 2024). Profit margin: 11% (in line with 1Q 2024). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Food industry in Thailand. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 30Upcoming dividend of ฿0.35 per shareEligible shareholders must have bought the stock before 07 May 2025. Payment date: 21 May 2025. Payout ratio is on the higher end at 88%, and the cash payout ratio is above 100%. Trailing yield: 5.7%. Lower than top quartile of Thai dividend payers (7.9%). Higher than average of industry peers (5.1%).お知らせ • Apr 24Srinanaporn Marketing Public Company Limited Approves Dividend for 2024, Payable on 21 May 2025Srinanaporn Marketing Public Company Limited at its AGM held on 24 April 2025, approved 2024 net profit allocation and approve the dividend payment from the operating results of 2024 at the rate of THB 0.60 per share, totaling approximately at THB 564,000,000. The Company has already paid an interim dividend in 2024 at the rate of THB 0.25 per share, amounting to THB 240,000,000 in total. Therefore, the remaining of dividend payment from the last 6 months of the year 2024 is at the rate of THB 0.35 per share or equivalent to the totaling approximately at THB 324,000,000. The Record Date for specifying the list of shareholders who have the right to receive this dividend is scheduled on 8 May 2025, and the dividend will be paid on 21 May 2025.Board Change • Apr 03High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Tanawat Kraipisitkul was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Declared Dividend • Feb 22Final dividend increased to ฿0.35Dividend of ฿0.35 is 40% higher than last year. Ex-date: 7th May 2025 Payment date: 21st May 2025 Dividend yield will be 4.8%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (74% earnings payout ratio) but not covered by cash flows (188% cash payout ratio). The dividend has increased by an average of 26% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 21Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: ฿0.59. Revenue: ฿5.98b (down 1.0% from FY 2023). Net income: ฿652.1m (up 2.6% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Food industry in Thailand.お知らせ • Feb 21+ 1 more updateSrinanaporn Marketing Public Company Limited Proposes Dividend for the Operating Period from 01 July 2024 to 31 December 2024, Payable on 21 May 2025Srinanaporn Marketing Public Company Limited at its Annual General Meeting of Shareholders to be held on 24 April 2025, will propose Cash dividend of THB 0.35 per share for the Operating period from 01 July 2024 to 31 December 2024. The Record Date for specifying the list of shareholders who have the right to receive this dividend will be on 8 May 2025, and the dividend will be paid on 21 May 2025. Ex-dividend date is 07 May 2025.お知らせ • Dec 18Srinanaporn Marketing Public Company Limited (SET:SNNP) announces an Equity Buyback for 40,000,000 shares, representing 4.17% for THB 640 million.Srinanaporn Marketing Public Company Limited (SET:SNNP) announces a share repurchase program. Under the program, the company will repurchase up to 40,000,000 shares, representing 4.17% of its issued share capital, for THB 640 million. The repurchase price must not exceed 115% of the average closing share price of five business days prior to each repurchase date. The purpose of the program is to manage the efficiency of the company's liquidity and enhance the return on equity (ROE) and earning per share and company's prosperous financial and future prospective confidence. The program will run through June 20, 2025. As of March 6, 2024, the company had 960,000,000 shares in outstanding.Reported Earnings • Nov 14Third quarter 2024 earnings: EPS in line with expectations, revenues disappointThird quarter 2024 results: EPS: ฿0.17 (up from ฿0.17 in 3Q 2023). Revenue: ฿1.40b (down 6.7% from 3Q 2023). Net income: ฿163.3m (up 2.0% from 3Q 2023). Profit margin: 12% (up from 11% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Food industry in Thailand. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Price Target Changed • Nov 02Price target decreased by 9.4% to ฿15.84Down from ฿17.49, the current price target is an average from 7 analysts. New target price is 28% above last closing price of ฿12.40. Stock is down 27% over the past year. The company is forecast to post earnings per share of ฿0.69 for next year compared to ฿0.66 last year.Declared Dividend • Aug 10First half dividend of ฿0.25 announcedShareholders will receive a dividend of ฿0.25. Ex-date: 22nd August 2024 Payment date: 6th September 2024 Dividend yield will be 4.1%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but not covered by cash flows (203% cash payout ratio). The dividend has increased by an average of 36% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Aug 09Price target decreased by 11% to ฿18.07Down from ฿20.34, the current price target is an average from 7 analysts. New target price is 49% above last closing price of ฿12.10. Stock is down 43% over the past year. The company is forecast to post earnings per share of ฿0.75 for next year compared to ฿0.66 last year.Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: ฿0.17 (vs ฿0.16 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.17 (up from ฿0.16 in 2Q 2023). Revenue: ฿1.51b (up 2.2% from 2Q 2023). Net income: ฿162.2m (up 3.6% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Food industry in Thailand. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 09+ 1 more updateSrinanaporn Marketing Public Company Limited Announces Board ChangesThe Board of Directors Meeting of Srinanaporn Marketing Public Company Limited held on 8 August 2024, hereby resolved the following significant resolutions: Approved the appointment of directors in replacement of the vacant positions, effective from 8 August 2024 onward as follows: Mr. Tanawat Kraipisitkul as a Director in replacement of Mr. Viwat Kraipisitkul, Ms. Lanlalit Maitreevithyanont as a Director in replacement of Wichian Chaisathaporn. Board of Directors comprises the following 11 directors: Mr. Niwat Kanjanaphoomin, Chairman of the Board of Directors and Independent Director, Mr. Yongyoot Luangrattanamart, Independent Director, Mr. Jirasuk Sugandhajati, Independent Director, Mr. Vira Jungjaroensuk, Independent Director, Dr. Songtam Suksawang, Independent Director, Pol.Lt.Gen Sorakrai Poonperm, Independent Director, Mr. Thakorn Chaisathaporn, Director, Mrs. Thanyanee Kraipisitkul, Director, Mrs. Kittiya Chaisathaporn, Director, Mr. Tanawat Kraipisitkul, Director, Ms. Lanlalit Maitreevithyanont, Director. Approved the appointment of member of sub-committees in replacement of a vacant positions, effective from 8 August 2024 onward as follows: Executive Committee comprises the following 8 directors: Mrs. Thanyanee Kraipisitkul, Chairman of the Executive Committee (newly appointed), Mr. Thakorn Chaisathaporn, Member of the Executive Committee (unchanged), Mr. Tanawat Kraipisitkul, Member of the Executive Committee (newly appointed), Mrs. Kittiya Chaisathaporn, Member of the Executive Committee (unchanged), Mr. Monchai Pongstabadee, Member of the Executive Committee (unchanged), Mr. Chayut Leehacharoenkul, Member of the Executive Committee (unchanged), Mr. Wiroj Wachiradechkul, Member of the Executive Committee (unchanged), Mr. Supachoke Bumrungpun, Member of the Executive Committee (unchanged), Risk Management Committee comprises the following 6 directors: Mr. Jirasuk Sugandhajati, Chairman of the Risk Management Committee (unchanged), Mr. Monchai Pongstabadee, Member of the Risk Management Committee (unchanged), Pol.Lt.Gen Sorakrai Poonperm, Member of the Risk Management Committee (unchanged), Mrs. Thanyanee Kraipisitkul, Member of the Risk Management Committee (newly appointed), Mr. Wiroj Wachiradechkul, Member of the Risk Management Committee (unchanged), Mr. Supachoke Bumrungpun, Member of the Risk Management Committee (unchanged).お知らせ • Jul 15Srinanaporn Marketing Public Company Limited Announces Board and Committee ResignationsSrinanaporn Marketing Public Company Limited announced that at its board meeting held on 12 July 2024, resolved the following significant resolutions: Acknowledged the resignation of Director, Member of Sub-Committee, and Management 2 persons which are as follows: Mr. Viwat Kraipisitkul resigned from his position as a Director, Member of Executive Committee, and Chairman of Executive Committee due to his other business engagement. The resignation will be effective from 12 July 2024 onward. Mr. Wichian Chaisathaporn resigned from his position as a Director, Member of Executive Committee, Member of Risk Management Committee, and Executive Vice President Production due to his other business engagement. The resignation will be effective from 12 July 2024 onward.Buy Or Sell Opportunity • Jul 01Now 33% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to ฿13.60. The fair value is estimated to be ฿20.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 33% in the next 2 years.Buy Or Sell Opportunity • Jun 17Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.6% to ฿15.10. The fair value is estimated to be ฿19.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 34% in the next 2 years.Buy Or Sell Opportunity • May 21Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.8% to ฿15.60. The fair value is estimated to be ฿19.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 35% in the next 2 years.Reported Earnings • May 09First quarter 2024 earnings released: EPS: ฿0.16 (vs ฿0.16 in 1Q 2023)First quarter 2024 results: EPS: ฿0.16 (in line with 1Q 2023). Revenue: ฿1.46b (up 2.1% from 1Q 2023). Net income: ฿157.6m (up 2.3% from 1Q 2023). Profit margin: 11% (in line with 1Q 2023). Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Food industry in Thailand.Upcoming Dividend • Apr 30Upcoming dividend of ฿0.25 per shareEligible shareholders must have bought the stock before 07 May 2024. Payment date: 24 May 2024. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of Thai dividend payers (5.9%). In line with average of industry peers (3.3%).お知らせ • Apr 27+ 1 more updateSrinanaporn Marketing Public Company Limited Approves Dividend for the Last Six Months of the Year 2023, Payable on May 24, 2024Srinanaporn Marketing Public Company Limited at its AGM, held on April 25, 2024, approved that the remaining dividend to be paid for the last 6 months of the year 2023 is at the rate of THB 0.25 per share, amounting to 240,000,000 in total. The Record Date for specifying the list of shareholders who have the right to receive this dividend is scheduled on May 8, 2024, and the dividend will be paid on May 24, 2024.Buy Or Sell Opportunity • Apr 04Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.4% to ฿17.20. The fair value is estimated to be ฿21.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 8.6% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.Declared Dividend • Feb 22Final dividend increased to ฿0.25Dividend of ฿0.25 is 8.7% higher than last year. Ex-date: 7th May 2024 Payment date: 24th May 2024 Dividend yield will be 2.8%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but not covered by cash flows (179% cash payout ratio). The dividend has increased by an average of 32% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 21Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ฿0.66 (up from ฿0.54 in FY 2022). Revenue: ฿6.05b (up 7.9% from FY 2022). Net income: ฿635.8m (up 23% from FY 2022). Profit margin: 11% (up from 9.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 1.5%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Food industry in Thailand.お知らせ • Feb 20+ 1 more updateSrinanaporn Marketing Public Company Limited Proposes Dividend Payment, Payable on May 24, 2024Srinanaporn Marketing Public Company Limited at its Board of Directors meeting held on February 20, 2024, approved to propose to the Annual General Meeting of Shareholders for 2024 to consider and approve the appropriation of the net profit in 2023 as the annual dividend at THB 0.482 per share, totaling approximately 462,720,000 baht. The Company has already appropriated its legal reserve which met the amount required by law. The Company has already paid an interim dividend at THB 0.232 per share, totaling 222,720,000 baht. Therefore, the Company will pay the remaining dividend from the second half of 2023 operating results at THB 0.25 per share, totaling approximately 240,000,000 baht. The Record Date for specifying the list of shareholders who have the right to receive this dividend will be on May 8, 2024, and the dividend will be paid on May 24, 2024.Buying Opportunity • Dec 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be ฿21.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 19% in 2 years. Earnings is forecast to grow by 35% in the next 2 years.Buying Opportunity • Nov 28Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 26%. The fair value is estimated to be ฿21.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 19% in 2 years. Earnings is forecast to grow by 35% in the next 2 years.Reported Earnings • Nov 09Third quarter 2023 earnings: EPS in line with expectations, revenues disappointThird quarter 2023 results: EPS: ฿0.17 (up from ฿0.15 in 3Q 2022). Revenue: ฿1.50b (flat on 3Q 2022). Net income: ฿160.1m (up 13% from 3Q 2022). Profit margin: 11% (up from 9.6% in 3Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Food industry in Thailand.Valuation Update With 7 Day Price Move • Oct 18Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿17.10, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Food industry in Thailand. Total loss to shareholders of 5.1% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ฿18.21 per share.Upcoming Dividend • Aug 15Upcoming dividend of ฿0.23 per share at 2.2% yieldEligible shareholders must have bought the stock before 22 August 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Thai dividend payers (6.4%). Lower than average of industry peers (3.9%).お知らせ • Aug 10Srinanaporn Marketing Public Company Limited Announces Cash Dividend for the Operating Period from January 1, 2023 to June 30, 2023, Payable on September 8, 2023Srinanaporn Marketing Public Company Limited announced cash dividend of THB 0.232 per share for the operating period from January 1, 2023 to June 30, 2023, payable on September 8, 2023. Record date for the right to receive dividends is August 23, 2023. Ex-dividend date is August 22, 2023.Reported Earnings • Aug 10Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: ฿0.16 (up from ฿0.12 in 2Q 2022). Revenue: ฿1.48b (up 11% from 2Q 2022). Net income: ฿156.7m (up 35% from 2Q 2022). Profit margin: 11% (up from 8.6% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 5.9%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Food industry in Thailand.Upcoming Dividend • Apr 25Upcoming dividend of ฿0.23 per share at 2.0% yieldEligible shareholders must have bought the stock before 02 May 2023. Payment date: 19 May 2023. Payout ratio is on the higher end at 76%, and the cash payout ratio is above 100%. Trailing yield: 2.0%. Lower than top quartile of Thai dividend payers (6.0%). Lower than average of industry peers (3.9%).Buying Opportunity • Mar 20Now 22% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be ฿27.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 44%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings is also forecast to grow by 19% per annum over the same time period.Reported Earnings • Feb 24Full year 2022 earnings: EPS in line with analyst expectations despite revenue beatFull year 2022 results: EPS: ฿0.54 (up from ฿0.53 in FY 2021). Revenue: ฿5.60b (up 28% from FY 2021). Net income: ฿515.7m (up 18% from FY 2021). Profit margin: 9.2% (in line with FY 2021). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Food industry in Thailand.お知らせ • Jan 28Srinanaporn Marketing Public Company Limited Announces Changes in CFOSrinanaporn Marketing Public Company Limited announced Change in CFO /Chief Accounting. Position of CFO: Acting Chief Financial Officer, Name: SupachokeBumrungpun, Effective Date of Termination: 26-Jan-2023. Position of CFO: Chief Financial Officer, Name: Supachoke Bumrungpun, Effective Date of Appointment: 27-Jan-2023.お知らせ • Jan 27Srinanaporn Marketing Public Company Limited Announces CEO ChangesSrinanaporn Marketing Public Company Limited acknowledged the resignation of Mr. Viwat Kraipisitkul from his position as Chief Executive Officer due to other business engagement, effective on 27 January 2023 onwards. In this regards, Mr. Viwat Kraipisitkul still seats as the Company's Director and Executive Director. The company also approved the appointment of Mr. Thakorn Chaisathaporn, currently seats as the Company's director, Executive Director, Nomination and Remuneration Director and Corporate Governance and Sustainable Development Director, to be Chief Executive Officer in replacement of Mr. Viwat Kraipisitkul which will become effective on 27 January 2023.Price Target Changed • Jan 17Price target increased to ฿22.22Up from ฿20.47, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ฿23.10. Stock is up 34% over the past year. The company is forecast to post earnings per share of ฿0.53 for next year compared to ฿0.53 last year.Price Target Changed • Nov 16Price target increased to ฿22.18Up from ฿20.47, the current price target is an average from 6 analysts. New target price is 8.2% above last closing price of ฿20.50. Stock is up 83% over the past year. The company is forecast to post earnings per share of ฿0.52 for next year compared to ฿0.53 last year.Reported Earnings • Nov 11Third quarter 2022 earnings releasedThird quarter 2022 results: Net income: ฿142.1m (up 131% from 3Q 2021). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Food industry in Thailand.Price Target Changed • Oct 31Price target increased to ฿21.72Up from ฿19.90, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of ฿21.00. Stock is up 94% over the past year. The company is forecast to post earnings per share of ฿0.52 for next year compared to ฿0.53 last year.Valuation Update With 7 Day Price Move • Sep 12Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿17.80, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 15x in the Food industry in Thailand. Total returns to shareholders of 49% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ฿18.67 per share.Upcoming Dividend • Aug 12Upcoming dividend of ฿0.18 per shareEligible shareholders must have bought the stock before 19 August 2022. Payment date: 06 September 2022. Payout ratio is a comfortable 56% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Thai dividend payers (5.5%). Lower than average of industry peers (3.2%).お知らせ • Aug 09Srinanaporn Marketing Public Company Limited Announces Cash Dividend for the Operating Period from 01 January 2022 to 30 June 2022, Payable on 06 September 2022Srinanaporn Marketing Public Company Limited announced cash dividend payment THB 0.18 per share for the common shareholders for the operating period from 01 January 2022 to 30 June 2022. For the dividend record date for the right to receive dividends is 22 August 2022, ex-dividend date is 19 August 2022 and payment date is 06 September 2022.お知らせ • Jul 19Srinanaporn Marketing Public Company Limited Announces Board ChangesThe Board of Directors Meeting of Srinanaporn Marketing Public Company Limited held on 18 July 2022, hereby resolved the following significant resolutions acknowledged the resignation of Mr. Piyawat Kraipisitkul from his position as a director due to his other business engagement, effective from 18 July 2022 onwards and approved the appointment of Mrs. Kittiya Chaisathaporn as a director in replacement of Mr. Piyawat Kraipisitkul who resigned from his position, effective from 18 July 2022 onwards. The replacing director shall hold office only for the remaining term of the replaced director.Reported Earnings • May 11First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: ฿0.11 (down from ฿0.25 in 1Q 2021). Revenue: ฿1.14b (up 3.0% from 1Q 2021). Net income: ฿105.4m (down 41% from 1Q 2021). Profit margin: 9.2% (down from 16% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Over the next year, revenue is forecast to grow 18%, compared to a 8.2% growth forecast for the industry in Thailand.Upcoming Dividend • Apr 21Upcoming dividend of ฿0.14 per shareEligible shareholders must have bought the stock before 28 April 2022. Payment date: 18 May 2022. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Thai dividend payers (5.1%). Lower than average of industry peers (3.3%).Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿19.30, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 16x in the Food industry in Thailand. Simply Wall St's valuation model estimates the intrinsic value at ฿11.92 per share.お知らせ • Apr 03+ 2 more updatesSrinanaporn Marketing Public Company Limited Appoints Chayut Leehacharoenkul to Vice Chairman of Executive Committee, Strategy and Business DevelopmentSrinanaporn Marketing Public Company Limited announced that the Executive Committee passed a resolution to appoints Chayut Leehacharoenkul from the Chief Financial Officer to vice chairman of executive committee, strategy and business development.お知らせ • Feb 24Srinanaporn Marketing Public Company Limited, Annual General Meeting, Apr 22, 2022Srinanaporn Marketing Public Company Limited, Annual General Meeting, Apr 22, 2022, at 02:00 Coordinated Universal Time. Agenda: To consider the acknowledge the company's operating results for the fiscal year 2021; to consider and approve the financial statement of the company and its subsidiaries for the year ended on December 31, 2021; to consider and approve the allocation of profit from the operating results of the year 2021 as a legal reserve, to consider and approve the dividend payment for the year 2021 and acknowledgement of the interim dividend payment; to consider and approve the appointment of directors to replace those who retire by rotation in 2022; and to consider the other matters.お知らせ • Feb 22+ 1 more updateSrinanaporn Marketing Public Company Limited Announces Establishment of SubsidiarySrinanaporn Marketing Public Company Limited at its Board of Directors Meeting No. 2/2022, convened on 21 February 2022 resolved to approve the establishment of a subsidiary to operate the business of manufacturing and distributing products under the Company's brand in Indonesia as follows: Registration date: Within September 2022. Registered Capital: Not exceeding USD 2,000,000. Shareholding: SNNP International Company Limited held 85% of total shares (The Company's subsidiary held 99.99%). Type of Business: Manufacturing and distributing beverage. Objective of establishment: Business expansion and increase revenues. Source of funds: The Company's cash flow.Reported Earnings • Feb 22Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: ฿0.53 (up from ฿0.13 in FY 2020). Revenue: ฿4.52b (up 2.0% from FY 2020). Net income: ฿437.2m (up 366% from FY 2020). Profit margin: 9.7% (up from 2.1% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Over the next year, revenue is forecast to grow 12%, compared to a 5.8% growth forecast for the industry in Thailand.Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 21% share price gain to ฿14.40, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 18x in the Food industry in Thailand. Simply Wall St's valuation model estimates the intrinsic value at ฿13.72 per share.Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS ฿0.07 (vs ฿0.013 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ฿986.2m (down 1.2% from 3Q 2020). Net income: ฿61.6m (up ฿70.8m from 3Q 2020). Profit margin: 6.2% (up from net loss in 3Q 2020). The move to profitability was driven by lower expenses.Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS ฿0.11 (vs ฿0.01 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿1.07b (up 7.5% from 2Q 2020). Net income: ฿76.8m (up ฿85.9m from 2Q 2020). Profit margin: 7.2% (up from net loss in 2Q 2020). The move to profitability was primarily driven by higher revenue.お知らせ • Jul 20Srinanaporn Marketing Public Company Limited has completed an IPO in the amount of THB 2.208 billion.Srinanaporn Marketing Public Company Limited has completed an IPO in the amount of THB 2.208 billion. Security Name: Common Shares Security Type: Common Stock Securities Offered: 240,000,000 Price\Range: THB 9.2 Transaction Features: ESOP Related Offering業績と収益の成長予測SET:SNNP - アナリストの将来予測と過去の財務データ ( )THB Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20286,172569N/AN/A112/31/20276,122599577747512/31/20265,81052166379433/31/20265,45040857312N/A12/31/20255,66151831254N/A9/30/20255,909599-31113N/A6/30/20255,909633227355N/A3/31/20256,021664291379N/A12/31/20245,982651246351N/A9/30/20246,008645397487N/A6/30/20246,109641236369N/A3/31/20246,077636184362N/A12/31/20236,047632249450N/A9/30/20236,03962313288N/A6/30/20236,028605-10337N/A3/31/20235,88756468441N/A12/31/20225,60351618403N/A9/30/20225,191484208513N/A6/30/20224,690404181396N/A3/31/20224,424365316459N/A12/31/20214,391437368457N/A9/30/20214,426353407487N/A6/30/20214,533342443494N/A3/31/20214,458256426476N/A12/31/20204,43394427498N/A6/30/20204,54055177343N/A3/31/20204,6889214249N/A12/31/20194,749105N/A144N/A6/30/20194,774188N/A217N/A3/31/20194,801220N/A349N/A12/31/20184,827252N/A481N/A12/31/20175,028302N/A225N/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: SNNPの予測収益成長率 (年間16.1% ) は 貯蓄率 ( 2.2% ) を上回っています。収益対市場: SNNPの収益 ( 16.1% ) はTH市場 ( 10.2% ) よりも速いペースで成長すると予測されています。高成長収益: SNNPの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: SNNPの収益 ( 5.5% ) TH市場 ( 9.5% ) よりも低い成長が予測されています。高い収益成長: SNNPの収益 ( 5.5% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: SNNPの 自己資本利益率 は、3年後には低くなると予測されています ( 19.8 %)。成長企業の発掘7D1Y7D1Y7D1YFood-beverage-tobacco 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2026/05/20 19:35終値2026/05/20 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Srinanaporn Marketing Public Company Limited 5 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Preenapa DetchsriCitigroup IncSureeporn TeewasuwetFSS International AdvisorySuwat SinsadokFSS International Advisory6 その他のアナリストを表示
Major Estimate Revision • Mar 06Consensus EPS estimates fall by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ฿6.05b to ฿5.81b. EPS estimate also fell from ฿0.662 per share to ฿0.543 per share. Net income forecast to grow 0.6% next year vs 12% growth forecast for Food industry in Thailand. Consensus price target down from ฿9.10 to ฿8.01. Share price fell 9.0% to ฿7.05 over the past week.
Price Target Changed • Nov 15Price target decreased by 8.8% to ฿10.40Down from ฿11.40, the current price target is an average from 6 analysts. New target price is 45% above last closing price of ฿7.15. Stock is down 40% over the past year. The company is forecast to post earnings per share of ฿0.70 for next year compared to ฿0.68 last year.
Price Target Changed • Aug 01Price target decreased by 7.1% to ฿11.92Down from ฿12.83, the current price target is an average from 6 analysts. New target price is 21% above last closing price of ฿9.85. Stock is down 19% over the past year. The company is forecast to post earnings per share of ฿0.69 for next year compared to ฿0.68 last year.
Price Target Changed • Jun 26Price target decreased by 17% to ฿12.83Down from ฿15.39, the current price target is an average from 6 analysts. New target price is 43% above last closing price of ฿8.95. Stock is down 37% over the past year. The company is forecast to post earnings per share of ฿0.74 for next year compared to ฿0.68 last year.
Price Target Changed • Nov 02Price target decreased by 9.4% to ฿15.84Down from ฿17.49, the current price target is an average from 7 analysts. New target price is 28% above last closing price of ฿12.40. Stock is down 27% over the past year. The company is forecast to post earnings per share of ฿0.69 for next year compared to ฿0.66 last year.
Price Target Changed • Aug 09Price target decreased by 11% to ฿18.07Down from ฿20.34, the current price target is an average from 7 analysts. New target price is 49% above last closing price of ฿12.10. Stock is down 43% over the past year. The company is forecast to post earnings per share of ฿0.75 for next year compared to ฿0.66 last year.
New Risk • May 07New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.5% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 93% Dividend per share is over 11x cash flows per share. Minor Risk Profit margins are more than 30% lower than last year (7.5% net profit margin).
Reported Earnings • May 07First quarter 2026 earnings released: EPS: ฿0.07 (vs ฿0.18 in 1Q 2025)First quarter 2026 results: EPS: ฿0.07 (down from ฿0.18 in 1Q 2025). Revenue: ฿1.29b (down 14% from 1Q 2025). Net income: ฿60.3m (down 65% from 1Q 2025). Profit margin: 4.7% (down from 11% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Food industry in Thailand. 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 34% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Apr 28Upcoming dividend of ฿0.34 per shareEligible shareholders must have bought the stock before 05 May 2026. Payment date: 21 May 2026. Payout ratio is on the higher end at 93%, and the cash payout ratio is above 100%. Trailing yield: 9.7%. Within top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (5.8%).
Major Estimate Revision • Mar 06Consensus EPS estimates fall by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ฿6.05b to ฿5.81b. EPS estimate also fell from ฿0.662 per share to ฿0.543 per share. Net income forecast to grow 0.6% next year vs 12% growth forecast for Food industry in Thailand. Consensus price target down from ฿9.10 to ฿8.01. Share price fell 9.0% to ฿7.05 over the past week.
Buy Or Sell Opportunity • Mar 03Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.4% to ฿7.05. The fair value is estimated to be ฿9.57, 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 grown by 3.0%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 5.8% per annum over the same time period.
Reported Earnings • Mar 01Full year 2025 earnings released: EPS: ฿0.57 (vs ฿0.68 in FY 2024)Full year 2025 results: EPS: ฿0.57 (down from ฿0.68 in FY 2024). Revenue: ฿5.66b (down 5.3% from FY 2024). Net income: ฿518.3m (down 21% from FY 2024). Profit margin: 9.2% (down from 11% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Food industry in Thailand. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.
Declared Dividend • Mar 01Final dividend of ฿0.34 announcedShareholders will receive a dividend of ฿0.34. Ex-date: 5th May 2026 Payment date: 21st May 2026 Dividend yield will be 7.7%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) nor is it covered by cash flows (dividend approximately 20x free cash flows). The dividend has increased by an average of 28% per year over the past 5 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 2.8% to bring the payout ratio under control. EPS is expected to grow by 21% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.
お知らせ • Feb 27Srinanaporn Marketing Public Company Limited, Annual General Meeting, Apr 24, 2026Srinanaporn Marketing Public Company Limited, Annual General Meeting, Apr 24, 2026, at 10:00 SE Asia Standard Time.
Price Target Changed • Nov 15Price target decreased by 8.8% to ฿10.40Down from ฿11.40, the current price target is an average from 6 analysts. New target price is 45% above last closing price of ฿7.15. Stock is down 40% over the past year. The company is forecast to post earnings per share of ฿0.70 for next year compared to ฿0.68 last year.
Reported Earnings • Nov 12Third quarter 2025 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2025 results: EPS: ฿0.14 (down from ฿0.17 in 3Q 2024). Revenue: ฿1.40b (flat on 3Q 2024). Net income: ฿129.6m (down 21% from 3Q 2024). Profit margin: 9.3% (down from 12% in 3Q 2024). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Food industry in Thailand. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
Declared Dividend • Aug 11First half dividend of ฿0.25 announcedShareholders will receive a dividend of ฿0.25. Ex-date: 21st August 2025 Payment date: 5th September 2025 Dividend yield will be 5.9%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (278% cash payout ratio). The dividend has increased by an average of 37% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 09Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: ฿0.14 (down from ฿0.17 in 2Q 2024). Revenue: ฿1.40b (down 7.4% from 2Q 2024). Net income: ฿129.8m (down 20% from 2Q 2024). Profit margin: 9.3% (down from 11% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Food industry in Thailand. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Price Target Changed • Aug 01Price target decreased by 7.1% to ฿11.92Down from ฿12.83, the current price target is an average from 6 analysts. New target price is 21% above last closing price of ฿9.85. Stock is down 19% over the past year. The company is forecast to post earnings per share of ฿0.69 for next year compared to ฿0.68 last year.
Price Target Changed • Jun 26Price target decreased by 17% to ฿12.83Down from ฿15.39, the current price target is an average from 6 analysts. New target price is 43% above last closing price of ฿8.95. Stock is down 37% over the past year. The company is forecast to post earnings per share of ฿0.74 for next year compared to ฿0.68 last year.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: ฿0.18 (vs ฿0.16 in 1Q 2024)First quarter 2025 results: EPS: ฿0.18 (up from ฿0.16 in 1Q 2024). Revenue: ฿1.50b (up 2.7% from 1Q 2024). Net income: ฿170.4m (up 8.2% from 1Q 2024). Profit margin: 11% (in line with 1Q 2024). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Food industry in Thailand. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 30Upcoming dividend of ฿0.35 per shareEligible shareholders must have bought the stock before 07 May 2025. Payment date: 21 May 2025. Payout ratio is on the higher end at 88%, and the cash payout ratio is above 100%. Trailing yield: 5.7%. Lower than top quartile of Thai dividend payers (7.9%). Higher than average of industry peers (5.1%).
お知らせ • Apr 24Srinanaporn Marketing Public Company Limited Approves Dividend for 2024, Payable on 21 May 2025Srinanaporn Marketing Public Company Limited at its AGM held on 24 April 2025, approved 2024 net profit allocation and approve the dividend payment from the operating results of 2024 at the rate of THB 0.60 per share, totaling approximately at THB 564,000,000. The Company has already paid an interim dividend in 2024 at the rate of THB 0.25 per share, amounting to THB 240,000,000 in total. Therefore, the remaining of dividend payment from the last 6 months of the year 2024 is at the rate of THB 0.35 per share or equivalent to the totaling approximately at THB 324,000,000. The Record Date for specifying the list of shareholders who have the right to receive this dividend is scheduled on 8 May 2025, and the dividend will be paid on 21 May 2025.
Board Change • Apr 03High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Tanawat Kraipisitkul was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Declared Dividend • Feb 22Final dividend increased to ฿0.35Dividend of ฿0.35 is 40% higher than last year. Ex-date: 7th May 2025 Payment date: 21st May 2025 Dividend yield will be 4.8%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (74% earnings payout ratio) but not covered by cash flows (188% cash payout ratio). The dividend has increased by an average of 26% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 21Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: ฿0.59. Revenue: ฿5.98b (down 1.0% from FY 2023). Net income: ฿652.1m (up 2.6% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Food industry in Thailand.
お知らせ • Feb 21+ 1 more updateSrinanaporn Marketing Public Company Limited Proposes Dividend for the Operating Period from 01 July 2024 to 31 December 2024, Payable on 21 May 2025Srinanaporn Marketing Public Company Limited at its Annual General Meeting of Shareholders to be held on 24 April 2025, will propose Cash dividend of THB 0.35 per share for the Operating period from 01 July 2024 to 31 December 2024. The Record Date for specifying the list of shareholders who have the right to receive this dividend will be on 8 May 2025, and the dividend will be paid on 21 May 2025. Ex-dividend date is 07 May 2025.
お知らせ • Dec 18Srinanaporn Marketing Public Company Limited (SET:SNNP) announces an Equity Buyback for 40,000,000 shares, representing 4.17% for THB 640 million.Srinanaporn Marketing Public Company Limited (SET:SNNP) announces a share repurchase program. Under the program, the company will repurchase up to 40,000,000 shares, representing 4.17% of its issued share capital, for THB 640 million. The repurchase price must not exceed 115% of the average closing share price of five business days prior to each repurchase date. The purpose of the program is to manage the efficiency of the company's liquidity and enhance the return on equity (ROE) and earning per share and company's prosperous financial and future prospective confidence. The program will run through June 20, 2025. As of March 6, 2024, the company had 960,000,000 shares in outstanding.
Reported Earnings • Nov 14Third quarter 2024 earnings: EPS in line with expectations, revenues disappointThird quarter 2024 results: EPS: ฿0.17 (up from ฿0.17 in 3Q 2023). Revenue: ฿1.40b (down 6.7% from 3Q 2023). Net income: ฿163.3m (up 2.0% from 3Q 2023). Profit margin: 12% (up from 11% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Food industry in Thailand. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Nov 02Price target decreased by 9.4% to ฿15.84Down from ฿17.49, the current price target is an average from 7 analysts. New target price is 28% above last closing price of ฿12.40. Stock is down 27% over the past year. The company is forecast to post earnings per share of ฿0.69 for next year compared to ฿0.66 last year.
Declared Dividend • Aug 10First half dividend of ฿0.25 announcedShareholders will receive a dividend of ฿0.25. Ex-date: 22nd August 2024 Payment date: 6th September 2024 Dividend yield will be 4.1%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but not covered by cash flows (203% cash payout ratio). The dividend has increased by an average of 36% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Aug 09Price target decreased by 11% to ฿18.07Down from ฿20.34, the current price target is an average from 7 analysts. New target price is 49% above last closing price of ฿12.10. Stock is down 43% over the past year. The company is forecast to post earnings per share of ฿0.75 for next year compared to ฿0.66 last year.
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: ฿0.17 (vs ฿0.16 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.17 (up from ฿0.16 in 2Q 2023). Revenue: ฿1.51b (up 2.2% from 2Q 2023). Net income: ฿162.2m (up 3.6% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Food industry in Thailand. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 09+ 1 more updateSrinanaporn Marketing Public Company Limited Announces Board ChangesThe Board of Directors Meeting of Srinanaporn Marketing Public Company Limited held on 8 August 2024, hereby resolved the following significant resolutions: Approved the appointment of directors in replacement of the vacant positions, effective from 8 August 2024 onward as follows: Mr. Tanawat Kraipisitkul as a Director in replacement of Mr. Viwat Kraipisitkul, Ms. Lanlalit Maitreevithyanont as a Director in replacement of Wichian Chaisathaporn. Board of Directors comprises the following 11 directors: Mr. Niwat Kanjanaphoomin, Chairman of the Board of Directors and Independent Director, Mr. Yongyoot Luangrattanamart, Independent Director, Mr. Jirasuk Sugandhajati, Independent Director, Mr. Vira Jungjaroensuk, Independent Director, Dr. Songtam Suksawang, Independent Director, Pol.Lt.Gen Sorakrai Poonperm, Independent Director, Mr. Thakorn Chaisathaporn, Director, Mrs. Thanyanee Kraipisitkul, Director, Mrs. Kittiya Chaisathaporn, Director, Mr. Tanawat Kraipisitkul, Director, Ms. Lanlalit Maitreevithyanont, Director. Approved the appointment of member of sub-committees in replacement of a vacant positions, effective from 8 August 2024 onward as follows: Executive Committee comprises the following 8 directors: Mrs. Thanyanee Kraipisitkul, Chairman of the Executive Committee (newly appointed), Mr. Thakorn Chaisathaporn, Member of the Executive Committee (unchanged), Mr. Tanawat Kraipisitkul, Member of the Executive Committee (newly appointed), Mrs. Kittiya Chaisathaporn, Member of the Executive Committee (unchanged), Mr. Monchai Pongstabadee, Member of the Executive Committee (unchanged), Mr. Chayut Leehacharoenkul, Member of the Executive Committee (unchanged), Mr. Wiroj Wachiradechkul, Member of the Executive Committee (unchanged), Mr. Supachoke Bumrungpun, Member of the Executive Committee (unchanged), Risk Management Committee comprises the following 6 directors: Mr. Jirasuk Sugandhajati, Chairman of the Risk Management Committee (unchanged), Mr. Monchai Pongstabadee, Member of the Risk Management Committee (unchanged), Pol.Lt.Gen Sorakrai Poonperm, Member of the Risk Management Committee (unchanged), Mrs. Thanyanee Kraipisitkul, Member of the Risk Management Committee (newly appointed), Mr. Wiroj Wachiradechkul, Member of the Risk Management Committee (unchanged), Mr. Supachoke Bumrungpun, Member of the Risk Management Committee (unchanged).
お知らせ • Jul 15Srinanaporn Marketing Public Company Limited Announces Board and Committee ResignationsSrinanaporn Marketing Public Company Limited announced that at its board meeting held on 12 July 2024, resolved the following significant resolutions: Acknowledged the resignation of Director, Member of Sub-Committee, and Management 2 persons which are as follows: Mr. Viwat Kraipisitkul resigned from his position as a Director, Member of Executive Committee, and Chairman of Executive Committee due to his other business engagement. The resignation will be effective from 12 July 2024 onward. Mr. Wichian Chaisathaporn resigned from his position as a Director, Member of Executive Committee, Member of Risk Management Committee, and Executive Vice President Production due to his other business engagement. The resignation will be effective from 12 July 2024 onward.
Buy Or Sell Opportunity • Jul 01Now 33% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to ฿13.60. The fair value is estimated to be ฿20.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 33% in the next 2 years.
Buy Or Sell Opportunity • Jun 17Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.6% to ฿15.10. The fair value is estimated to be ฿19.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 34% in the next 2 years.
Buy Or Sell Opportunity • May 21Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.8% to ฿15.60. The fair value is estimated to be ฿19.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 35% in the next 2 years.
Reported Earnings • May 09First quarter 2024 earnings released: EPS: ฿0.16 (vs ฿0.16 in 1Q 2023)First quarter 2024 results: EPS: ฿0.16 (in line with 1Q 2023). Revenue: ฿1.46b (up 2.1% from 1Q 2023). Net income: ฿157.6m (up 2.3% from 1Q 2023). Profit margin: 11% (in line with 1Q 2023). Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Food industry in Thailand.
Upcoming Dividend • Apr 30Upcoming dividend of ฿0.25 per shareEligible shareholders must have bought the stock before 07 May 2024. Payment date: 24 May 2024. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of Thai dividend payers (5.9%). In line with average of industry peers (3.3%).
お知らせ • Apr 27+ 1 more updateSrinanaporn Marketing Public Company Limited Approves Dividend for the Last Six Months of the Year 2023, Payable on May 24, 2024Srinanaporn Marketing Public Company Limited at its AGM, held on April 25, 2024, approved that the remaining dividend to be paid for the last 6 months of the year 2023 is at the rate of THB 0.25 per share, amounting to 240,000,000 in total. The Record Date for specifying the list of shareholders who have the right to receive this dividend is scheduled on May 8, 2024, and the dividend will be paid on May 24, 2024.
Buy Or Sell Opportunity • Apr 04Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.4% to ฿17.20. The fair value is estimated to be ฿21.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 8.6% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
Declared Dividend • Feb 22Final dividend increased to ฿0.25Dividend of ฿0.25 is 8.7% higher than last year. Ex-date: 7th May 2024 Payment date: 24th May 2024 Dividend yield will be 2.8%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but not covered by cash flows (179% cash payout ratio). The dividend has increased by an average of 32% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 21Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ฿0.66 (up from ฿0.54 in FY 2022). Revenue: ฿6.05b (up 7.9% from FY 2022). Net income: ฿635.8m (up 23% from FY 2022). Profit margin: 11% (up from 9.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 1.5%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Food industry in Thailand.
お知らせ • Feb 20+ 1 more updateSrinanaporn Marketing Public Company Limited Proposes Dividend Payment, Payable on May 24, 2024Srinanaporn Marketing Public Company Limited at its Board of Directors meeting held on February 20, 2024, approved to propose to the Annual General Meeting of Shareholders for 2024 to consider and approve the appropriation of the net profit in 2023 as the annual dividend at THB 0.482 per share, totaling approximately 462,720,000 baht. The Company has already appropriated its legal reserve which met the amount required by law. The Company has already paid an interim dividend at THB 0.232 per share, totaling 222,720,000 baht. Therefore, the Company will pay the remaining dividend from the second half of 2023 operating results at THB 0.25 per share, totaling approximately 240,000,000 baht. The Record Date for specifying the list of shareholders who have the right to receive this dividend will be on May 8, 2024, and the dividend will be paid on May 24, 2024.
Buying Opportunity • Dec 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be ฿21.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 19% in 2 years. Earnings is forecast to grow by 35% in the next 2 years.
Buying Opportunity • Nov 28Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 26%. The fair value is estimated to be ฿21.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 19% in 2 years. Earnings is forecast to grow by 35% in the next 2 years.
Reported Earnings • Nov 09Third quarter 2023 earnings: EPS in line with expectations, revenues disappointThird quarter 2023 results: EPS: ฿0.17 (up from ฿0.15 in 3Q 2022). Revenue: ฿1.50b (flat on 3Q 2022). Net income: ฿160.1m (up 13% from 3Q 2022). Profit margin: 11% (up from 9.6% in 3Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Food industry in Thailand.
Valuation Update With 7 Day Price Move • Oct 18Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿17.10, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Food industry in Thailand. Total loss to shareholders of 5.1% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ฿18.21 per share.
Upcoming Dividend • Aug 15Upcoming dividend of ฿0.23 per share at 2.2% yieldEligible shareholders must have bought the stock before 22 August 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Thai dividend payers (6.4%). Lower than average of industry peers (3.9%).
お知らせ • Aug 10Srinanaporn Marketing Public Company Limited Announces Cash Dividend for the Operating Period from January 1, 2023 to June 30, 2023, Payable on September 8, 2023Srinanaporn Marketing Public Company Limited announced cash dividend of THB 0.232 per share for the operating period from January 1, 2023 to June 30, 2023, payable on September 8, 2023. Record date for the right to receive dividends is August 23, 2023. Ex-dividend date is August 22, 2023.
Reported Earnings • Aug 10Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: ฿0.16 (up from ฿0.12 in 2Q 2022). Revenue: ฿1.48b (up 11% from 2Q 2022). Net income: ฿156.7m (up 35% from 2Q 2022). Profit margin: 11% (up from 8.6% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 5.9%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Food industry in Thailand.
Upcoming Dividend • Apr 25Upcoming dividend of ฿0.23 per share at 2.0% yieldEligible shareholders must have bought the stock before 02 May 2023. Payment date: 19 May 2023. Payout ratio is on the higher end at 76%, and the cash payout ratio is above 100%. Trailing yield: 2.0%. Lower than top quartile of Thai dividend payers (6.0%). Lower than average of industry peers (3.9%).
Buying Opportunity • Mar 20Now 22% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be ฿27.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 44%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings is also forecast to grow by 19% per annum over the same time period.
Reported Earnings • Feb 24Full year 2022 earnings: EPS in line with analyst expectations despite revenue beatFull year 2022 results: EPS: ฿0.54 (up from ฿0.53 in FY 2021). Revenue: ฿5.60b (up 28% from FY 2021). Net income: ฿515.7m (up 18% from FY 2021). Profit margin: 9.2% (in line with FY 2021). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Food industry in Thailand.
お知らせ • Jan 28Srinanaporn Marketing Public Company Limited Announces Changes in CFOSrinanaporn Marketing Public Company Limited announced Change in CFO /Chief Accounting. Position of CFO: Acting Chief Financial Officer, Name: SupachokeBumrungpun, Effective Date of Termination: 26-Jan-2023. Position of CFO: Chief Financial Officer, Name: Supachoke Bumrungpun, Effective Date of Appointment: 27-Jan-2023.
お知らせ • Jan 27Srinanaporn Marketing Public Company Limited Announces CEO ChangesSrinanaporn Marketing Public Company Limited acknowledged the resignation of Mr. Viwat Kraipisitkul from his position as Chief Executive Officer due to other business engagement, effective on 27 January 2023 onwards. In this regards, Mr. Viwat Kraipisitkul still seats as the Company's Director and Executive Director. The company also approved the appointment of Mr. Thakorn Chaisathaporn, currently seats as the Company's director, Executive Director, Nomination and Remuneration Director and Corporate Governance and Sustainable Development Director, to be Chief Executive Officer in replacement of Mr. Viwat Kraipisitkul which will become effective on 27 January 2023.
Price Target Changed • Jan 17Price target increased to ฿22.22Up from ฿20.47, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ฿23.10. Stock is up 34% over the past year. The company is forecast to post earnings per share of ฿0.53 for next year compared to ฿0.53 last year.
Price Target Changed • Nov 16Price target increased to ฿22.18Up from ฿20.47, the current price target is an average from 6 analysts. New target price is 8.2% above last closing price of ฿20.50. Stock is up 83% over the past year. The company is forecast to post earnings per share of ฿0.52 for next year compared to ฿0.53 last year.
Reported Earnings • Nov 11Third quarter 2022 earnings releasedThird quarter 2022 results: Net income: ฿142.1m (up 131% from 3Q 2021). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Food industry in Thailand.
Price Target Changed • Oct 31Price target increased to ฿21.72Up from ฿19.90, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of ฿21.00. Stock is up 94% over the past year. The company is forecast to post earnings per share of ฿0.52 for next year compared to ฿0.53 last year.
Valuation Update With 7 Day Price Move • Sep 12Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿17.80, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 15x in the Food industry in Thailand. Total returns to shareholders of 49% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ฿18.67 per share.
Upcoming Dividend • Aug 12Upcoming dividend of ฿0.18 per shareEligible shareholders must have bought the stock before 19 August 2022. Payment date: 06 September 2022. Payout ratio is a comfortable 56% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Thai dividend payers (5.5%). Lower than average of industry peers (3.2%).
お知らせ • Aug 09Srinanaporn Marketing Public Company Limited Announces Cash Dividend for the Operating Period from 01 January 2022 to 30 June 2022, Payable on 06 September 2022Srinanaporn Marketing Public Company Limited announced cash dividend payment THB 0.18 per share for the common shareholders for the operating period from 01 January 2022 to 30 June 2022. For the dividend record date for the right to receive dividends is 22 August 2022, ex-dividend date is 19 August 2022 and payment date is 06 September 2022.
お知らせ • Jul 19Srinanaporn Marketing Public Company Limited Announces Board ChangesThe Board of Directors Meeting of Srinanaporn Marketing Public Company Limited held on 18 July 2022, hereby resolved the following significant resolutions acknowledged the resignation of Mr. Piyawat Kraipisitkul from his position as a director due to his other business engagement, effective from 18 July 2022 onwards and approved the appointment of Mrs. Kittiya Chaisathaporn as a director in replacement of Mr. Piyawat Kraipisitkul who resigned from his position, effective from 18 July 2022 onwards. The replacing director shall hold office only for the remaining term of the replaced director.
Reported Earnings • May 11First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: ฿0.11 (down from ฿0.25 in 1Q 2021). Revenue: ฿1.14b (up 3.0% from 1Q 2021). Net income: ฿105.4m (down 41% from 1Q 2021). Profit margin: 9.2% (down from 16% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Over the next year, revenue is forecast to grow 18%, compared to a 8.2% growth forecast for the industry in Thailand.
Upcoming Dividend • Apr 21Upcoming dividend of ฿0.14 per shareEligible shareholders must have bought the stock before 28 April 2022. Payment date: 18 May 2022. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Thai dividend payers (5.1%). Lower than average of industry peers (3.3%).
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿19.30, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 16x in the Food industry in Thailand. Simply Wall St's valuation model estimates the intrinsic value at ฿11.92 per share.
お知らせ • Apr 03+ 2 more updatesSrinanaporn Marketing Public Company Limited Appoints Chayut Leehacharoenkul to Vice Chairman of Executive Committee, Strategy and Business DevelopmentSrinanaporn Marketing Public Company Limited announced that the Executive Committee passed a resolution to appoints Chayut Leehacharoenkul from the Chief Financial Officer to vice chairman of executive committee, strategy and business development.
お知らせ • Feb 24Srinanaporn Marketing Public Company Limited, Annual General Meeting, Apr 22, 2022Srinanaporn Marketing Public Company Limited, Annual General Meeting, Apr 22, 2022, at 02:00 Coordinated Universal Time. Agenda: To consider the acknowledge the company's operating results for the fiscal year 2021; to consider and approve the financial statement of the company and its subsidiaries for the year ended on December 31, 2021; to consider and approve the allocation of profit from the operating results of the year 2021 as a legal reserve, to consider and approve the dividend payment for the year 2021 and acknowledgement of the interim dividend payment; to consider and approve the appointment of directors to replace those who retire by rotation in 2022; and to consider the other matters.
お知らせ • Feb 22+ 1 more updateSrinanaporn Marketing Public Company Limited Announces Establishment of SubsidiarySrinanaporn Marketing Public Company Limited at its Board of Directors Meeting No. 2/2022, convened on 21 February 2022 resolved to approve the establishment of a subsidiary to operate the business of manufacturing and distributing products under the Company's brand in Indonesia as follows: Registration date: Within September 2022. Registered Capital: Not exceeding USD 2,000,000. Shareholding: SNNP International Company Limited held 85% of total shares (The Company's subsidiary held 99.99%). Type of Business: Manufacturing and distributing beverage. Objective of establishment: Business expansion and increase revenues. Source of funds: The Company's cash flow.
Reported Earnings • Feb 22Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: ฿0.53 (up from ฿0.13 in FY 2020). Revenue: ฿4.52b (up 2.0% from FY 2020). Net income: ฿437.2m (up 366% from FY 2020). Profit margin: 9.7% (up from 2.1% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Over the next year, revenue is forecast to grow 12%, compared to a 5.8% growth forecast for the industry in Thailand.
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 21% share price gain to ฿14.40, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 18x in the Food industry in Thailand. Simply Wall St's valuation model estimates the intrinsic value at ฿13.72 per share.
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS ฿0.07 (vs ฿0.013 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ฿986.2m (down 1.2% from 3Q 2020). Net income: ฿61.6m (up ฿70.8m from 3Q 2020). Profit margin: 6.2% (up from net loss in 3Q 2020). The move to profitability was driven by lower expenses.
Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS ฿0.11 (vs ฿0.01 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿1.07b (up 7.5% from 2Q 2020). Net income: ฿76.8m (up ฿85.9m from 2Q 2020). Profit margin: 7.2% (up from net loss in 2Q 2020). The move to profitability was primarily driven by higher revenue.
お知らせ • Jul 20Srinanaporn Marketing Public Company Limited has completed an IPO in the amount of THB 2.208 billion.Srinanaporn Marketing Public Company Limited has completed an IPO in the amount of THB 2.208 billion. Security Name: Common Shares Security Type: Common Stock Securities Offered: 240,000,000 Price\Range: THB 9.2 Transaction Features: ESOP Related Offering