View ValuationBG Container Glass 将来の成長Future 基準チェック /06現在、 BG Container Glass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Packaging 収益成長22.3%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Price Target Changed • Jun 03Price target decreased by 14% to ฿9.98Down from ฿11.55, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ฿9.60. Stock is down 9.4% over the past year. The company is forecast to post earnings per share of ฿0.70 for next year compared to ฿0.73 last year.Major Estimate Revision • Aug 16Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from ฿13.5b to ฿15.0b. EPS estimate unchanged from ฿0.74 at last update. Packaging industry in Thailand expected to see average net income growth of 18% next year. Consensus price target of ฿11.25 unchanged from last update. Share price was steady at ฿10.10 over the past week.Price Target Changed • Apr 27Price target decreased to ฿11.25Down from ฿12.67, the current price target is an average from 2 analysts. New target price is 13% above last closing price of ฿10.00. Stock is up 3.1% over the past year. The company is forecast to post earnings per share of ฿0.74 for next year compared to ฿0.69 last year.Price Target Changed • Mar 05Price target decreased to ฿11.73Down from ฿12.67, the current price target is an average from 3 analysts. New target price is 16% above last closing price of ฿10.10. Stock is up 1.0% over the past year. The company is forecast to post earnings per share of ฿0.74 for next year compared to ฿0.69 last year.Price Target Changed • Mar 02Price target lowered to ฿13.00Down from ฿14.70, the current price target is an average from 2 analysts. The new target price is 27% above the current share price of ฿10.20. As of last close, the stock is down 8.1% over the past year.Major Estimate Revision • Nov 28Analysts increase EPS estimates to ฿0.90The 2020 consensus revenue estimate increased from ฿10.9b to ฿11.1b. The earnings per share estimate also received an upgrade from ฿0.70 to ฿0.90 for the same period. Net income is expected to grow by 13% next year compared to 15% growth forecast for the Packaging industry in Thailand. The consensus price target increased from ฿14.45 to ฿14.70. Share price stayed mostly flat at ฿10.90 over the past week.すべての更新を表示Recent updatesUpcoming Dividend • May 06Upcoming dividend of ฿0.04 per shareEligible shareholders must have bought the stock before 13 May 2026. Payment date: 27 May 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.6%. Lower than top quartile of Thai dividend payers (7.5%). Lower than average of industry peers (3.6%).Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿5.30, the stock trades at a trailing P/E ratio of 41.1x. Average trailing P/E is 9x in the Packaging industry in Thailand. Total loss to shareholders of 41% over the past three years.New Risk • Mar 08New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 71% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Earnings have declined by 18% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (฿3.04b market cap, or US$95.5m).Upcoming Dividend • Mar 05Upcoming dividend of ฿0.07 per shareEligible shareholders must have bought the stock before 12 March 2026. Payment date: 26 March 2026. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Thai dividend payers (7.7%). In line with average of industry peers (4.6%).Reported Earnings • Mar 01Full year 2025 earnings released: EPS: ฿0.13 (vs ฿0.37 in FY 2024)Full year 2025 results: EPS: ฿0.13 (down from ฿0.37 in FY 2024). Revenue: ฿13.7b (down 5.3% from FY 2024). Net income: ฿88.4m (down 66% from FY 2024). Profit margin: 0.6% (down from 1.8% in FY 2024). The decrease in margin was driven by lower 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 24% per year, which means it has not declined as severely as earnings.New Risk • Nov 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings have declined by 16% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (฿2.79b market cap, or US$85.9m).お知らせ • Nov 21BG Container Glass Public Company Limited (SET:BGC) announces an Equity Buyback for 62,499,960 shares, representing 9% for THB 300 million.BG Container Glass Public Company Limited (SET:BGC) announces a share repurchase program. Under the program the company will repurchase up to 62,499,960 shares, representing 9% of the issued capital for THB 300 million. The repurchase price shall not exceed 115% of the average closing price in the period of five consecutive days prior to each repurchase date. The purpose of the share buyback is to ensure the Company’s excess liquidity management is conducted for the utmost benefit, to increase the return on equity (ROE) and the earnings per share (EPS) and to enhance the Company’s shareholders confidence in the financial status and capability of the Company in the long run, and to make share price, in the future, better reflect the Company’s actual value. The program will expire on May 22, 2026. As of August 28, 2025, the company had 694,444,000 shares in issue.Valuation Update With 7 Day Price Move • Nov 18Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ฿3.32, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 9x in the Packaging industry in Thailand. Total loss to shareholders of 63% over the past three years.Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: ฿0.04 (vs ฿0.075 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.04 (down from ฿0.075 in 3Q 2024). Revenue: ฿2.80b (down 13% from 3Q 2024). Net income: ฿28.0m (down 46% from 3Q 2024). Profit margin: 1.0% (down from 1.6% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year and the company’s share price has also fallen by 27% per year.New Risk • Oct 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.26b (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 14% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (฿3.26b market cap, or US$99.5m).Declared Dividend • Aug 15First half dividend of ฿0.04 announcedShareholders will receive a dividend of ฿0.04. Ex-date: 27th August 2025 Payment date: 12th September 2025 Dividend yield will be 2.7%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 8.7% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 68% to shift the payout ratio to a potentially unsustainable range, which is more than the 15% EPS decline seen over the last 5 years.Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿0.08 (vs ฿0.11 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.08 (down from ฿0.11 in 2Q 2024). Revenue: ฿3.41b (down 6.5% from 2Q 2024). Net income: ฿58.6m (down 24% from 2Q 2024). Profit margin: 1.7% (down from 2.1% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.お知らせ • Jul 13Swan Industries (Thailand) Ltd. acquired 26% stake in BGC Packaging Company Limited from BG Container Glass Public Company Limited (SET:BGC).Swan Industries (Thailand) Ltd. acquired 26% stake in BGC Packaging Company Limited from BG Container Glass Public Company Limited (SET:BGC) on June 30, 2025. Swan Industries (Thailand) Ltd. completed the acquisition of 26% stake in BGC Packaging Company Limited from BG Container Glass Public Company Limited (SET:BGC) on June 30, 2025.Buy Or Sell Opportunity • Jul 11Now 21% overvaluedOver the last 90 days, the stock has fallen 10% to ฿4.66. The fair value is estimated to be ฿3.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has declined by 26%.New Risk • Jun 23New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.29b (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 12% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿3.29b market cap, or US$99.6m).Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.12 (vs ฿0.14 in 1Q 2024)First quarter 2025 results: EPS: ฿0.12 (down from ฿0.14 in 1Q 2024). Revenue: ฿3.75b (flat on 1Q 2024). Net income: ฿86.1m (down 11% from 1Q 2024). Profit margin: 2.3% (down from 2.6% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Apr 22Upcoming dividend of ฿0.095 per shareEligible shareholders must have bought the stock before 29 April 2025. Payment date: 20 May 2025. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of Thai dividend payers (8.0%). Lower than average of industry peers (5.0%).お知らせ • Apr 21BG Container Glass Public Company Limited Approves Dividend for the Year Ended 31 December 2024, Payable Within 20 May 2025BG Container Glass Public Company Limited announced that at its AGM held on 21 April 2025, approved the following matter: That the interim dividend payout be acknowledged. The appropriation of profit from operating results ended 31 December 2024 for legal capital reserve amounted to THB 7,199,500, the total of legal capital reserves for the year 2024 amounted to THB 11,027,700 and the dividend payout at the rate of THB 0.095 per share, totaling THB 65,972,180 that the date to record the names of the shareholders who are entitled to receive the dividend payment (Record Date) is determined on 30 April 2025, and the date of the dividend payment is determined within 20 May 2025.Declared Dividend • Feb 28Dividend of ฿0.095 announcedShareholders will receive a dividend of ฿0.095. Ex-date: 29th April 2025 Payment date: 20th May 2025 Dividend yield will be 3.6%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 10% per year over the past 6 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 36% to shift the payout ratio to a potentially unsustainable range, which is more than the 13% EPS decline seen over the last 5 years.Reported Earnings • Feb 25Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: ฿0.37 (down from ฿0.47 in FY 2023). Revenue: ฿14.4b (down 3.9% from FY 2023). Net income: ฿258.8m (down 20% from FY 2023). Profit margin: 1.8% (down from 2.2% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 29%. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.お知らせ • Feb 25+ 1 more updateBG Container Glass Public Company Limited, Annual General Meeting, Apr 21, 2025BG Container Glass Public Company Limited, Annual General Meeting, Apr 21, 2025, at 14:00 SE Asia Standard Time.Reported Earnings • Nov 16Third quarter 2024 earnings released: EPS: ฿0.08 (vs ฿0.11 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.08 (down from ฿0.11 in 3Q 2023). Revenue: ฿3.21b (down 6.2% from 3Q 2023). Net income: ฿52.2m (down 32% from 3Q 2023). Profit margin: 1.6% (down from 2.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Packaging industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Declared Dividend • Aug 11Second quarter dividend of ฿0.05 announcedShareholders will receive a dividend of ฿0.05. Ex-date: 22nd August 2024 Payment date: 6th September 2024 Dividend yield will be 4.2%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 15% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 8.1% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: ฿0.11 (vs ฿0.10 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.11 (up from ฿0.10 in 2Q 2023). Revenue: ฿3.65b (up 3.8% from 2Q 2023). Net income: ฿77.2m (up 9.3% from 2Q 2023). Profit margin: 2.1% (up from 2.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Packaging industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year.お知らせ • Aug 10BG Container Glass Public Company Limited Announces Cash Dividend for the Period from April 1, 2024 to June 30, 2024, Payable on September 6, 2024BG Container Glass Public Company Limited announced cash dividend for the period from April 1, 2024 to June 30, 2024 is THB 0.05 per share. Par value THB 5.00. The dividend will be payable on September 6, 2024. Record date for the right to receive dividends is August 23, 2024. Ex-dividend date is August 22, 2024.Declared Dividend • May 17Dividend of ฿0.07 announcedShareholders will receive a dividend of ฿0.07. Ex-date: 28th May 2024 Payment date: 14th June 2024 Dividend yield will be 3.9%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 8.0% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.14 (vs ฿0.11 in 1Q 2023)First quarter 2024 results: EPS: ฿0.14 (up from ฿0.11 in 1Q 2023). Revenue: ฿3.79b (flat on 1Q 2023). Net income: ฿97.2m (up 29% from 1Q 2023). Profit margin: 2.6% (up from 2.0% in 1Q 2023). Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Packaging industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 13% per year and the company’s share price has also fallen by 13% per year.お知らせ • May 15BG Container Glass Public Company Limited Announces Cash Dividend for the Operating Period from January 1, 2024 to March 31, 2024, Payable on June 14, 2024BG Container Glass Public Company Limited announced cash dividend of THB 0.07 per share for the operating period from January 1, 2024 to March 31, 2024. Par value: THB 5.00. Date of Board resolution: May 14, 2024. Record date for the right to receive dividends: May 29, 2024. Ex-dividend date: May 28, 2024. Payment date: June 14, 2024.Upcoming Dividend • Apr 20Upcoming dividend of ฿0.08 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 60% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of Thai dividend payers (5.9%). Higher than average of industry peers (2.6%).お知らせ • Apr 20BG Container Glass Public Company Limited Approves Interim Dividend, Payable Within 17 May 2024BG Container Glass Public Company Limited at the AGM held on 19 April 2024, approved interim dividend payout be acknowledged. The appropriation of profit from operating results ended 31 December 2023 for legal capital reserve amounted to THB 1,949,200, the total of legal capital reserves for the year 2023 amounted to THB 13,698,259 and the dividend payout at the rate of THB 0.080 per share, totaling THB 55,555,520 that the date to record the names of the shareholders who are entitled to receive the dividend payment (Record Date) is determined on 29 April 2024, and the date of the dividend payment is determined within 17 May 2024.Reported Earnings • Mar 02Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: ฿0.47 (down from ฿0.73 in FY 2022). Revenue: ฿15.0b (up 4.4% from FY 2022). Net income: ฿324.4m (down 36% from FY 2022). Profit margin: 2.2% (down from 3.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Packaging industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 10% per year.Declared Dividend • Mar 02Fourth quarter dividend of ฿0.08 announcedShareholders will receive a dividend of ฿0.08. Ex-date: 26th April 2024 Payment date: 17th May 2024 Dividend yield will be 3.8%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 30% per year over the past 5 years and payments have been stable during that time. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.お知らせ • Mar 02BG Container Glass Public Company Limited, Annual General Meeting, Apr 19, 2024BG Container Glass Public Company Limited, Annual General Meeting, Apr 19, 2024, at 14:00 SE Asia Standard Time. Agenda: To consider and certify the 2023 Annual General Meeting of Shareholders, on 18 April 2023; To consider and acknowledge the Company's performance results for the year 2023; To consider and approve the Company's Statement of Financial Position as at 31 December 2023, Statement of Comprehensive Income, and Statement of Cash Flows for the year ended 31 December 2023 with the Auditor Report, which has been audited by auditor.お知らせ • Mar 01BG Container Glass Public Company Limited Proposes Dividend Payment for the Year Ended 31 December 2023, Payable on 17 May 2024BG Container Glass Public Company Limited at its board meeting held on 29 February 2024, approved to propose to the 2024 Annual General Meeting of Shareholders to approve the dividend payment from the results of operation for the year ended 31 December 2023 at THB 0.080 per share for 694,444,000 ordinary shares, totaling THB 55,555,520. And when combined with the three interim dividend payments during 2023 as follows: First time, on 15 June 2023 at THB 0.080 per share from the resultsof operation during 1 January 2022 to 31 March 2023. Second time, on 8 September 2023 at THB 0.060 per share fromthe results of operation during 1 April 2023 to 30 June 2023. Third time, on 13 December 2023 at THB 0.060 per share from theresults of operation during 1 July 2023 to 30 September 2023. The dividend to be paid for the fiscal year 2023 is a total of THB 0.280 per share, amounting to THB 194,444,320. This represents a dividend payout ratio of approximately 7 0 . 9 % of net profit based on the company's separate financial statements. The date for determining the rights of shareholders to receive dividend payment (Record Date) will be 29 April 2024. The dividend payment date is set to be 17 May 2024. However, the foregoing proposed divided payment is still uncertain, as it is still subject to final consideration and approval by the 2024 AnnualGeneral Meeting of Shareholders (The dividend for THB 0.080 per share paid from the net profit that was not promoted by BOI, so it received a tax credit).お知らせ • Dec 26BG Container Glass Public Company Limited Announces Change in the Member Sub-CommitteesBG Container Glass Public Company Limited held the Board of Directors Meeting No. 5/2023 on 12 December 2023, which has resolved to approve the change of the member sub-committees in 4 sets. It will be effective from 1 January 2024 onwards. The current the member of Investment Committee Mr. Somchai Sirivichayakul as Chairman and Mr. Punn Kasemsup and Mrs. Amarat Puvaveeranin as Director. List of approved directors: Mr. Punn Kasemsup as Chairman. Mrs. Sunsanee Supatravanij and Mrs. Amarat Puvaveeranin as Director. The current the member of Nomination and Remuneration Committee: Mr. Somchai Sirivichayakul as Chairman, Mrs. Sunsanee Supatravanij and Mr. Pavin Bhirombhakdi as Director. List of approved directors: Mrs. Sunsanee Supatravanij as Chairman. Mr. Pavin Bhirombhakdi and Mr. Punn Kasemsup as Director. The current the member of Audit Committee: Mrs. Suttharug Panya as Chairman, Mrs. Sunsanee Supatravanij and Mr. Punn Kasemsup as Director. List of approved directors Mrs. Suttharug Panya as Chairman, Mr. Punn Kasemsup and Mr. Somchai Sirivichayakul as Director. The current the member of Corporate Governance and Sustainability Committee: Mrs. Sunsanee Supatravanij as Chairman, Mr. Somchai Sirivichayakul and Mr. Silparat Watthanakasetr as Director. List of approved directors: Mr. Somchai Sirivichayakul as Chairman, Mrs. Sunsanee Supatravanij and Mr. Silparat Watthanakasetr as Director.Upcoming Dividend • Nov 20Upcoming dividend of ฿0.06 per share at 5.1% yieldEligible shareholders must have bought the stock before 27 November 2023. Payment date: 13 December 2023. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 5.1%. Lower than top quartile of Thai dividend payers (6.7%). Higher than average of industry peers (2.5%).Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: ฿0.11 (vs ฿0.14 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.11 (down from ฿0.14 in 3Q 2022). Revenue: ฿3.42b (up 12% from 3Q 2022). Net income: ฿77.0m (down 20% from 3Q 2022). Profit margin: 2.3% (down from 3.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 2 years compared to a 6.2% growth forecast for the Packaging industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 8% per year.お知らせ • Nov 15BG Container Glass Public Company Limited Announces Interim Dividend for the Period from July 1, 2023 to September 30, 2023, Payable on December 13, 2023BG Container Glass Public Company Limited announced the interim cash dividend of THB 0.06 per share for the operating period from July 1, 2023 to September 30, 2023. Record date for the right to receive dividends is November 28, 2023. Ex-date is November 27, 2023. Payment date is December 13, 2023.Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: ฿0.10 (vs ฿0.15 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.10 (down from ฿0.15 in 2Q 2022). Revenue: ฿3.51b (up 2.7% from 2Q 2022). Net income: ฿70.6m (down 35% from 2Q 2022). Profit margin: 2.0% (down from 3.2% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Packaging industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.Upcoming Dividend • Aug 16Upcoming dividend of ฿0.06 per share at 4.7% yieldEligible shareholders must have bought the stock before 23 August 2023. Payment date: 08 September 2023. Payout ratio is on the higher end at 75% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of Thai dividend payers (6.4%). Higher than average of industry peers (2.7%).Price Target Changed • Jun 03Price target decreased by 14% to ฿9.98Down from ฿11.55, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ฿9.60. Stock is down 9.4% over the past year. The company is forecast to post earnings per share of ฿0.70 for next year compared to ฿0.73 last year.Upcoming Dividend • May 22Upcoming dividend of ฿0.08 per share at 4.5% yieldEligible shareholders must have bought the stock before 29 May 2023. Payment date: 15 June 2023. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (6.4%). Higher than average of industry peers (2.5%).お知らせ • May 18BG Container Glass Public Company Limited Appoints Sirikul Mangkornkanok as Chief Financial OfficerBG Container Glass Public Company Limited appointed Miss Sirikul Mangkornkanok as Chief Financial Officer. Effective Date of Appointment is May 17, 2023.Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.11 (vs ฿0.31 in 1Q 2022)First quarter 2023 results: EPS: ฿0.11 (down from ฿0.31 in 1Q 2022). Revenue: ฿3.81b (down 6.2% from 1Q 2022). Net income: ฿75.5m (down 65% from 1Q 2022). Profit margin: 2.0% (down from 5.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Packaging industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 3% per year.お知らせ • May 17BG Container Glass Public Company Limited Announces Interim Cash Dividend for the Period from January 1, 2023 to March 31, 2023, Payable on June 15, 2023BG Container Glass Public Company Limited announced interim cash dividend payment of THB 0.08 per share for the period from January 1, 2023 to March 31, 2023. Record date for the right to receive dividends is May 30, 2023. Ex-dividend date is May 29, 2023. The dividend will be payable on June 15, 2023.お知らせ • May 05BG Container Glass Public Company Limited Announces Resignation of Ardisak Boeprasert as Chief Financial OfficerBG Container Glass Public Company Limited announced the resignation of Mr. Ardisak Boeprasert as Chief Financial Officer. Effective date of termination is May 1, 2023.Upcoming Dividend • Apr 18Upcoming dividend of ฿0.12 per share at 4.4% yieldEligible shareholders must have bought the stock before 25 April 2023. Payment date: 17 May 2023. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Thai dividend payers (5.9%). Higher than average of industry peers (2.4%).Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Punn Kasemsup was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: ฿0.14 (vs ฿0.18 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.14 (down from ฿0.18 in 3Q 2021). Revenue: ฿3.06b (up 9.2% from 3Q 2021). Net income: ฿96.7m (down 23% from 3Q 2021). Profit margin: 3.2% (down from 4.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Packaging industry in Thailand. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • Nov 10BG Container Glass Public Company Limited Announces Interim Cash Dividend for the Operating Period from July 1, 2022 to September 30, 2022, Payable on December 8, 2022BG Container Glass Public Company Limited announced interim cash dividend of THB 0.10 per share for the operating period from July 1, 2022 to September 30, 2022. Record date for the right to receive dividends is November 23, 2022. Ex-dividend date is November 22, 2022. Payment date is December 8, 2022.Major Estimate Revision • Aug 16Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from ฿13.5b to ฿15.0b. EPS estimate unchanged from ฿0.74 at last update. Packaging industry in Thailand expected to see average net income growth of 18% next year. Consensus price target of ฿11.25 unchanged from last update. Share price was steady at ฿10.10 over the past week.Upcoming Dividend • Aug 15Upcoming dividend of ฿0.10 per shareEligible shareholders must have bought the stock before 22 August 2022. Payment date: 09 September 2022. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Thai dividend payers (5.5%). Higher than average of industry peers (2.1%).Reported Earnings • Aug 11Second quarter 2022 earnings: EPS in line with expectations, revenues disappointSecond quarter 2022 results: EPS: ฿0.16 (down from ฿0.18 in 2Q 2021). Revenue: ฿3.42b (up 7.3% from 2Q 2021). Net income: ฿107.9m (down 12% from 2Q 2021). Profit margin: 3.2% (down from 3.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 6.8% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year.お知らせ • Aug 10BG Container Glass Public Company Limited Announces Interim Cash Dividend for the Period from April 1, 2022 to June 30, 2022, Payable on September 9, 2022BG Container Glass Public Company Limited announced interim cash dividend payment of THB 0.10 per share for the period from April 1, 2022 to June 30, 2022. Record date for the right to receive dividends is August 23, 2022. Ex-dividend date is August 22, 2022. The dividend will be Payable on September 9, 2022. .Buying Opportunity • Aug 09Now 21% undervaluedOver the last 90 days, the stock is up 4.0%. The fair value is estimated to be ฿12.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has declined by 4.1%. Revenue is forecast to grow by 8.1% in 2 years. Earnings is forecast to grow by 13% in the next 2 years.Buying Opportunity • Jul 16Now 21% undervaluedOver the last 90 days, the stock is up 2.0%. The fair value is estimated to be ฿13.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has declined by 4.1%. Revenue is forecast to grow by 8.1% in 2 years. Earnings is forecast to grow by 13% in the next 2 years.Buying Opportunity • Jul 01Now 21% undervaluedOver the last 90 days, the stock is up 3.0%. The fair value is estimated to be ฿13.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has declined by 4.1%. Revenue is forecast to grow by 8.1% in 2 years. Earnings is forecast to grow by 13% in the next 2 years.Upcoming Dividend • May 18Upcoming dividend of ฿0.13 per shareEligible shareholders must have bought the stock before 25 May 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Thai dividend payers (5.4%). Higher than average of industry peers (2.4%).Reported Earnings • May 16First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: ฿0.31 (up from ฿0.26 in 1Q 2021). Revenue: ฿4.07b (up 23% from 1Q 2021). Net income: ฿216.8m (up 24% from 1Q 2021). Profit margin: 5.3% (in line with 1Q 2021). Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 3.3%, compared to a 9.4% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 3% per year.お知らせ • May 14BG Container Glass Public Company Limited Announces Interim Cash Dividend for the Period from January 1, 2022 to March 31, 2022, Payable on June 10, 2022BG Container Glass Public Company Limited announced interim cash dividend payment of THB 0.125 per share for the period from January 1, 2022 to March 31, 2022. Record date for the right to receive dividends is May 26, 2022. Ex-dividend date is May 25, 2022. The dividend will be payable on June 10, 2022.Upcoming Dividend • May 03Upcoming dividend of ฿0.12 per shareEligible shareholders must have bought the stock before 10 May 2022. Payment date: 27 May 2022. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Thai dividend payers (5.1%). Higher than average of industry peers (2.3%).Price Target Changed • Apr 27Price target decreased to ฿11.25Down from ฿12.67, the current price target is an average from 2 analysts. New target price is 13% above last closing price of ฿10.00. Stock is up 3.1% over the past year. The company is forecast to post earnings per share of ฿0.74 for next year compared to ฿0.69 last year.Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Independent Director Punn Kasemsup was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Mar 06BG Container Glass Public Company Limited, Annual General Meeting, Apr 29, 2022BG Container Glass Public Company Limited, Annual General Meeting, Apr 29, 2022.Price Target Changed • Mar 05Price target decreased to ฿11.73Down from ฿12.67, the current price target is an average from 3 analysts. New target price is 16% above last closing price of ฿10.10. Stock is up 1.0% over the past year. The company is forecast to post earnings per share of ฿0.74 for next year compared to ฿0.69 last year.お知らせ • Mar 03BG Container Glass Public Company Limited Announces Executive ChangesBG Container Glass Public Company Limited announced the termination of Miss. Sirikul Mangkornkanok as CFO, with effect from February 28, 2022. The company appointed Mr. Ardisak Boeprasert as chief financial officer of the company, with effect from March 1, 2022.Reported Earnings • Feb 24Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: ฿0.69 (down from ฿0.74 in FY 2020). Revenue: ฿12.5b (up 13% from FY 2020). Net income: ฿479.5m (down 7.1% from FY 2020). Profit margin: 3.8% (down from 4.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 8.7%, compared to a 11% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year.お知らせ • Feb 24BG Container Glass Public Company Limited Approves Dividend Payment, Payable on May 27, 2022BG Container Glass Public Company Limited approved to proposes to the 2022 Annual General Meeting of Shareholders to consider and approve the 2021 dividend payment as follows: To approve the dividend payment from the results of operation for the year 2021 at THB 0.48 per share. As the Company has already made an interim dividend payment for 3 times in total at THB 0.36 per share as follows: No.1 on 11 June 2021 at THB 0.13 per share from the results of operation during 1 January 2021 to 31 March 2021. No.2 on 10 September 2021 at THB 0.12 per share from the results of operation during 1 April 2021 to 30 June 2021. No.3 on 9 December 2021 at THB 0.11 per share from the results of operation during 1 July 2021 to 30 September 2021. The remaining dividend payment is at THB 0.12 per share for 694,444,000 ordinary shares, totaling amount of THB 83,333,280 which is approximately 64% of net profit for the year 2021. The date for determining the rights of shareholders to receive dividend payment (Record Date) will be on 11 May 2022. The dividend payment date is set to be on 27 May 2022. The foregoing proposed divided payment is still uncertain, as it is still subject to the final approval by the 2022 Annual General Meeting of Shareholders. (The dividend for THB 0.12 per share, paid from the net profit which part of its revenue is exempted for the corporate income tax according of BOI privilege, cannot get the tax credited).Board Change • Dec 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Independent Director Punn Kasemsup was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Nov 17Upcoming dividend of ฿0.11 per shareEligible shareholders must have bought the stock before 24 November 2021. Payment date: 09 December 2021. Trailing yield: 4.2%. Lower than top quartile of Thai dividend payers (4.8%). Higher than average of industry peers (1.7%).Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS ฿0.18 (vs ฿0.22 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿2.80b (down 7.3% from 3Q 2020). Net income: ฿125.6m (down 19% from 3Q 2020). Profit margin: 4.5% (down from 5.1% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year.Upcoming Dividend • Aug 17Upcoming dividend of ฿0.12 per shareEligible shareholders must have bought the stock before 24 August 2021. Payment date: 10 September 2021. Trailing yield: 4.1%. Lower than top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (1.5%).Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS ฿0.18 (vs ฿0.12 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿3.19b (up 44% from 2Q 2020). Net income: ฿122.2m (up 53% from 2Q 2020). Profit margin: 3.8% (up from 3.6% in 2Q 2020). The increase in margin was driven by higher revenue.Upcoming Dividend • May 18Upcoming dividend of ฿0.13 per shareEligible shareholders must have bought the stock before 25 May 2021. Payment date: 11 June 2021. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (4.9%). Higher than average of industry peers (1.7%).Reported Earnings • May 16First quarter 2021 earnings released: EPS ฿0.26 (vs ฿0.23 in 1Q 2020)The company reported a solid first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: ฿3.04b (flat on 1Q 2020). Net income: ฿182.4m (up 13% from 1Q 2020). Profit margin: 6.0% (up from 5.3% in 1Q 2020).お知らせ • May 14BG Container Glass Public Company Limited Approves Interim Dividend, Payable on 11 June 2021BG Container Glass Public Company Limited has resolved to approve the payment of an interim dividend from the operating profit of the Company for the period from 1 January 2021 to 31 March 2021 at the rate of THB 0.13 per share. The record date for entitlement to receive the interim dividend will be on 27 May 2020 and the interim dividend will be paid on 11 June 2021. Ex-dividend date on May 25, 2021.Upcoming Dividend • Apr 14Upcoming dividend of ฿0.12 per shareEligible shareholders must have bought the stock before 21 April 2021. Payment date: 07 May 2021. Trailing yield: 4.6%. Lower than top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (2.0%).Price Target Changed • Mar 02Price target lowered to ฿13.00Down from ฿14.70, the current price target is an average from 2 analysts. The new target price is 27% above the current share price of ฿10.20. As of last close, the stock is down 8.1% over the past year.お知らせ • Feb 20BG Container Glass Public Company Limited, Annual General Meeting, Apr 09, 2021BG Container Glass Public Company Limited, Annual General Meeting, Apr 09, 2021.Is New 90 Day High Low • Feb 20New 90-day low: ฿10.00The company is down 8.0% from its price of ฿10.90 on 20 November 2020. The Thai market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿14.51 per share.Reported Earnings • Feb 20Full year 2020 earnings released: EPS ฿0.74 (vs ฿0.74 in FY 2019)The company reported a mediocre full year result with weaker revenues, although earnings were flat and profit margins improved. Full year 2020 results: Revenue: ฿11.0b (down 2.6% from FY 2019). Net income: ฿516.4m (flat on FY 2019). Profit margin: 4.7% (up from 4.5% in FY 2019). The increase in margin was driven by lower expenses.Analyst Estimate Surprise Post Earnings • Feb 20Revenue and earnings miss expectationsRevenue missed analyst estimates by 0.9%. Earnings per share (EPS) also missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 6.9%, compared to a 20% growth forecast for the Packaging industry in Thailand.お知らせ • Jan 22BG Container Glass Public Company Limited Announces Board ChangesBG Container Glass Public Company Limited held the Board of Directors Meeting on 21 January 2021 approved the appointment of Mr. Punn Kasemsup as the Company' s Director in replacement with Mr. Kasom Chanawongse, the resigning Director, with effective from 21 January 2021 onwards. The term of service of appointed Director shall be equal to the remaining term of resigned Director, approved the appointment of Mr. Punn Kasemsup as a member of the Audit Committee in replacement with Mr. Somchai Sirivichayakul (The Board of Directors' meeting has resolved Mr. Somchai Sirivichayakul to terminate his term as a member of Audit Committee and appointed as the Chairman of Investment Committee.), with effective from 21 January 2021 onwards and approved the appointment of the Investment Committee to consider on the Company's investment, with effective from 21 January 2021 onwards. Whereas Ms. Sirikul Mangkornkanok is the Secretary of the Investment Committee.お知らせ • Jan 01BG Container Glass Public Company Limited Announces Resignation of Mr. Kasom Chanawongse from Director, Effective December 30, 2020BG Container Glass Public Company Limited announced that Mr. Kasom Chanawongse has submitted his resignation from Director, which is effective from 30 December 2020 onwards.Major Estimate Revision • Nov 28Analysts increase EPS estimates to ฿0.90The 2020 consensus revenue estimate increased from ฿10.9b to ฿11.1b. The earnings per share estimate also received an upgrade from ฿0.70 to ฿0.90 for the same period. Net income is expected to grow by 13% next year compared to 15% growth forecast for the Packaging industry in Thailand. The consensus price target increased from ฿14.45 to ฿14.70. Share price stayed mostly flat at ฿10.90 over the past week.Price Target Changed • Nov 21Price target raised to ฿14.45Up from ฿11.00, the current price target is an average from 2 analysts. The new target price is 33% above the current share price of ฿10.90. As of last close, the stock is down 17% over the past year.Valuation Update With 7 Day Price Move • Nov 19Market bids up stock over the past weekAfter last week's 17% share price gain to ฿11.10, the stock is trading at a trailing P/E ratio of 13.2x, up from the previous P/E ratio of 11.3x. This compares to an average P/E of 11x in the Packaging industry in Thailand. Total return to shareholders over the past year is a loss of 15%.お知らせ • Nov 13BG Container Glass Public Company Limited Announces Executive ChangesThe Board of Directors' Meeting of BG Container Glass Public Company Limited held on 12 November 2020, has resolved to approve the appointment of Mr. Suravich Yingsithisawatt as the Company Secretary in replacement of Mr. Vorrapop Taksaphan, which is effective from 12 November 2020 onwards.Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS ฿0.22The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿2.70b (up 6.4% from 3Q 2019). Net income: ฿155.7m (up 94% from 3Q 2019). Profit margin: 5.8% (up from 3.2% in 3Q 2019). The increase in margin was driven by higher revenue.Analyst Estimate Surprise Post Earnings • Nov 13Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates by 57%. Over the next year, revenue is forecast to grow 17%, compared to a 9.6% growth forecast for the Packaging industry in Thailand.Is New 90 Day High Low • Oct 19New 90-day low: ฿9.35The company is down 1.0% from its price of ฿9.45 on 21 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Packaging industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿7.27 per share.お知らせ • Oct 16BG Container Glass Public Company Limited (SET:BGC) agreed to acquire Bangkok Visypak Company Limited, BG Packaging Company Limited and Kabinburi Glass Industry Company Ltd from BG Container Glass Public Company Limited (SET:BGC) for THB 4 billion.BG Container Glass Public Company Limited (SET:BGC) signed a basic agreement to acquire 100% stakes in Bangkok Visypak Company Limited, 100% stakes in BG Packaging Company Limited and 97.01% stakes in Kabinburi Glass Industry Company Ltd from BG Container Glass Public Company Limited (SET:BGC) for THB 4 billion on October 15, 2020. BG Container Glass Public Company Limited will pay approximately THB 500 million for 699,997 ordinary shares of Bangkok Visypak Company Limited representing 100% of total 700,000 issued shares, approximately THB 1,150 million for 3,399,998 ordinary shares of BG Packaging Company Limited, representing 100% of total 3,400,000 issued shares and approximately THB 2,328 million for 30,073,596 ordinary shares of Kabinburi Glass Industry Company Ltd, representing 97.01% of total 31,000,000 issued shares. BG Container Glass Public Company Limited will fund the acquisition through cash, raising capital and loan from financial institution. Post-acquisition, Amarat Puvaveeranin, Silparat Watthanakasetr, Sirikul Mangkornkanok and Teerayut Intatong will join Bangkok Visypak Co., LTD and BG Packaging Company Limited, Somporn Temudomsomboon, Silparat Watthanakasetr and Sirikul Mangkornkanok will join as board of directors of Kabinburi Glass Industry Co Ltd. The transaction is subject to signing of definitive agreement, approval of offer by BG Container Glass Public Company Limited shareholders and approval of offer by Bangkok Visypak Company Limited, BG Packaging Company Limited and Kabinburi Glass Industry Company Ltd shareholder. As of October 15, 2020 board of directors of BG Container Glass Public Company Limited approved the deal. The transaction is expected to close within March, 2021. Silom Advisory Company acted as financial advisor to BG Container Glass Public Company Limited.Valuation Update With 7 Day Price Move • Oct 16Market pulls back on stock over the past weekAfter last week's 23% share price decline to ฿9.85, the stock is trading at a trailing P/E ratio of 13.5x, down from the previous P/E ratio of 17.5x. This compares to an average P/E of 12x in the Packaging industry in Thailand. Total return to shareholders over the past year is a loss of 37%.お知らせ • Oct 01BG Container Glass Public Company Limited (SET:BGC) signed the sale and purchase agreement to acquire 26% stake in B S Glass Recycling Company Limited from Bunyapotikul Company Limited and Sunanta Bunyaphothikul for THB 35 million.BG Container Glass Public Company Limited (SET:BGC) agreed to acquire 26% stake in B S Glass Recycling Company Limited from Bunyapotikul Company Limited and Sunanta Bunyaphothikul for THB 35 million on August 9, 2019. BG Container Glass signed the sale and purchase agreement on September 26, 2019. THB 3.5 million will be paid on signing of the agreement and THB 31.5 million will be paid within closing date. BG Container Glass will acquire 52,000 shares. To fund the transaction, BG Container Glass will loan from local financial institution, which it anticipates will not affect the shareholder rights. After the transaction, Jhintana Jantalert and Sirikul Mangkornkanok will be appointed as directors in place of Sunanta Bunyaphothikul and Arunrat Sornphlaeng. On August 9, 2019, the Board of Directors of BG Container Glass approved the transaction. The transaction is expected to complete on October 31, 2019.Is New 90 Day High Low • Sep 18New 90-day high: ฿12.90The company is up 19% from its price of ฿10.80 on 19 June 2020. The Thai market is down 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Packaging industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿8.11 per share. 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、BG Container Glass 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:BGC - 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12/31/202513,651881,3792,232N/A9/30/202513,7402057261,603N/A6/30/202514,1422294331,067N/A3/31/202514,380248166802N/A12/31/202414,4162592961,465N/A9/30/202414,9033284762,267N/A6/30/202415,1153532812,374N/A3/31/202414,980346-6252,302N/A12/31/202315,005324-1,7821,441N/A9/30/202314,540308-1,964725N/A6/30/202314,163328-2,036807N/A3/31/202314,039365-9201,174N/A12/31/202214,1925075351,958N/A9/30/202213,8195648152,221N/A6/30/202213,4665511,2722,487N/A3/31/202213,1355301,4192,549N/A12/31/202112,4754941,2552,172N/A9/30/202112,0643851,4352,235N/A6/30/202112,4054581,8972,633N/A3/31/202111,8234461,1961,986N/A12/31/202011,9034311,2572,108N/A9/30/202012,0065831,3222,072N/A6/30/202011,5185088391,523N/A3/31/202011,7935151,5002,195N/A12/31/201911,3185121,5062,228N/A9/30/201911,278480N/A2,055N/A6/30/201911,063484N/A2,199N/A3/31/201910,604493N/A1,862N/A12/31/201810,522496N/A1,725N/A9/30/201810,465344N/A1,620N/A6/30/201810,832329N/A2,284N/A3/31/201811,297295N/A1,828N/A12/31/201711,221186N/A1,266N/A12/31/201610,1940N/A2,175N/A12/31/201510,960541N/A3,317N/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: BGC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: BGC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: BGC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: BGC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: BGC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: BGC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7D1Y7D1Y7D1YMaterials 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2026/05/08 02:33終値2026/05/08 00:00収益2025/12/31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BG Container Glass 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Natchapon PraesicharoenYuanta Securities (Thailand) Company Limited
Price Target Changed • Jun 03Price target decreased by 14% to ฿9.98Down from ฿11.55, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ฿9.60. Stock is down 9.4% over the past year. The company is forecast to post earnings per share of ฿0.70 for next year compared to ฿0.73 last year.
Major Estimate Revision • Aug 16Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from ฿13.5b to ฿15.0b. EPS estimate unchanged from ฿0.74 at last update. Packaging industry in Thailand expected to see average net income growth of 18% next year. Consensus price target of ฿11.25 unchanged from last update. Share price was steady at ฿10.10 over the past week.
Price Target Changed • Apr 27Price target decreased to ฿11.25Down from ฿12.67, the current price target is an average from 2 analysts. New target price is 13% above last closing price of ฿10.00. Stock is up 3.1% over the past year. The company is forecast to post earnings per share of ฿0.74 for next year compared to ฿0.69 last year.
Price Target Changed • Mar 05Price target decreased to ฿11.73Down from ฿12.67, the current price target is an average from 3 analysts. New target price is 16% above last closing price of ฿10.10. Stock is up 1.0% over the past year. The company is forecast to post earnings per share of ฿0.74 for next year compared to ฿0.69 last year.
Price Target Changed • Mar 02Price target lowered to ฿13.00Down from ฿14.70, the current price target is an average from 2 analysts. The new target price is 27% above the current share price of ฿10.20. As of last close, the stock is down 8.1% over the past year.
Major Estimate Revision • Nov 28Analysts increase EPS estimates to ฿0.90The 2020 consensus revenue estimate increased from ฿10.9b to ฿11.1b. The earnings per share estimate also received an upgrade from ฿0.70 to ฿0.90 for the same period. Net income is expected to grow by 13% next year compared to 15% growth forecast for the Packaging industry in Thailand. The consensus price target increased from ฿14.45 to ฿14.70. Share price stayed mostly flat at ฿10.90 over the past week.
Upcoming Dividend • May 06Upcoming dividend of ฿0.04 per shareEligible shareholders must have bought the stock before 13 May 2026. Payment date: 27 May 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.6%. Lower than top quartile of Thai dividend payers (7.5%). Lower than average of industry peers (3.6%).
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿5.30, the stock trades at a trailing P/E ratio of 41.1x. Average trailing P/E is 9x in the Packaging industry in Thailand. Total loss to shareholders of 41% over the past three years.
New Risk • Mar 08New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 71% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Earnings have declined by 18% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (฿3.04b market cap, or US$95.5m).
Upcoming Dividend • Mar 05Upcoming dividend of ฿0.07 per shareEligible shareholders must have bought the stock before 12 March 2026. Payment date: 26 March 2026. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Thai dividend payers (7.7%). In line with average of industry peers (4.6%).
Reported Earnings • Mar 01Full year 2025 earnings released: EPS: ฿0.13 (vs ฿0.37 in FY 2024)Full year 2025 results: EPS: ฿0.13 (down from ฿0.37 in FY 2024). Revenue: ฿13.7b (down 5.3% from FY 2024). Net income: ฿88.4m (down 66% from FY 2024). Profit margin: 0.6% (down from 1.8% in FY 2024). The decrease in margin was driven by lower 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 24% per year, which means it has not declined as severely as earnings.
New Risk • Nov 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings have declined by 16% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (฿2.79b market cap, or US$85.9m).
お知らせ • Nov 21BG Container Glass Public Company Limited (SET:BGC) announces an Equity Buyback for 62,499,960 shares, representing 9% for THB 300 million.BG Container Glass Public Company Limited (SET:BGC) announces a share repurchase program. Under the program the company will repurchase up to 62,499,960 shares, representing 9% of the issued capital for THB 300 million. The repurchase price shall not exceed 115% of the average closing price in the period of five consecutive days prior to each repurchase date. The purpose of the share buyback is to ensure the Company’s excess liquidity management is conducted for the utmost benefit, to increase the return on equity (ROE) and the earnings per share (EPS) and to enhance the Company’s shareholders confidence in the financial status and capability of the Company in the long run, and to make share price, in the future, better reflect the Company’s actual value. The program will expire on May 22, 2026. As of August 28, 2025, the company had 694,444,000 shares in issue.
Valuation Update With 7 Day Price Move • Nov 18Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ฿3.32, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 9x in the Packaging industry in Thailand. Total loss to shareholders of 63% over the past three years.
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: ฿0.04 (vs ฿0.075 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.04 (down from ฿0.075 in 3Q 2024). Revenue: ฿2.80b (down 13% from 3Q 2024). Net income: ฿28.0m (down 46% from 3Q 2024). Profit margin: 1.0% (down from 1.6% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year and the company’s share price has also fallen by 27% per year.
New Risk • Oct 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.26b (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 14% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (฿3.26b market cap, or US$99.5m).
Declared Dividend • Aug 15First half dividend of ฿0.04 announcedShareholders will receive a dividend of ฿0.04. Ex-date: 27th August 2025 Payment date: 12th September 2025 Dividend yield will be 2.7%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 8.7% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 68% to shift the payout ratio to a potentially unsustainable range, which is more than the 15% EPS decline seen over the last 5 years.
Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿0.08 (vs ฿0.11 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.08 (down from ฿0.11 in 2Q 2024). Revenue: ฿3.41b (down 6.5% from 2Q 2024). Net income: ฿58.6m (down 24% from 2Q 2024). Profit margin: 1.7% (down from 2.1% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 13Swan Industries (Thailand) Ltd. acquired 26% stake in BGC Packaging Company Limited from BG Container Glass Public Company Limited (SET:BGC).Swan Industries (Thailand) Ltd. acquired 26% stake in BGC Packaging Company Limited from BG Container Glass Public Company Limited (SET:BGC) on June 30, 2025. Swan Industries (Thailand) Ltd. completed the acquisition of 26% stake in BGC Packaging Company Limited from BG Container Glass Public Company Limited (SET:BGC) on June 30, 2025.
Buy Or Sell Opportunity • Jul 11Now 21% overvaluedOver the last 90 days, the stock has fallen 10% to ฿4.66. The fair value is estimated to be ฿3.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has declined by 26%.
New Risk • Jun 23New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.29b (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 12% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿3.29b market cap, or US$99.6m).
Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.12 (vs ฿0.14 in 1Q 2024)First quarter 2025 results: EPS: ฿0.12 (down from ฿0.14 in 1Q 2024). Revenue: ฿3.75b (flat on 1Q 2024). Net income: ฿86.1m (down 11% from 1Q 2024). Profit margin: 2.3% (down from 2.6% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Apr 22Upcoming dividend of ฿0.095 per shareEligible shareholders must have bought the stock before 29 April 2025. Payment date: 20 May 2025. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of Thai dividend payers (8.0%). Lower than average of industry peers (5.0%).
お知らせ • Apr 21BG Container Glass Public Company Limited Approves Dividend for the Year Ended 31 December 2024, Payable Within 20 May 2025BG Container Glass Public Company Limited announced that at its AGM held on 21 April 2025, approved the following matter: That the interim dividend payout be acknowledged. The appropriation of profit from operating results ended 31 December 2024 for legal capital reserve amounted to THB 7,199,500, the total of legal capital reserves for the year 2024 amounted to THB 11,027,700 and the dividend payout at the rate of THB 0.095 per share, totaling THB 65,972,180 that the date to record the names of the shareholders who are entitled to receive the dividend payment (Record Date) is determined on 30 April 2025, and the date of the dividend payment is determined within 20 May 2025.
Declared Dividend • Feb 28Dividend of ฿0.095 announcedShareholders will receive a dividend of ฿0.095. Ex-date: 29th April 2025 Payment date: 20th May 2025 Dividend yield will be 3.6%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 10% per year over the past 6 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 36% to shift the payout ratio to a potentially unsustainable range, which is more than the 13% EPS decline seen over the last 5 years.
Reported Earnings • Feb 25Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: ฿0.37 (down from ฿0.47 in FY 2023). Revenue: ฿14.4b (down 3.9% from FY 2023). Net income: ฿258.8m (down 20% from FY 2023). Profit margin: 1.8% (down from 2.2% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 29%. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 25+ 1 more updateBG Container Glass Public Company Limited, Annual General Meeting, Apr 21, 2025BG Container Glass Public Company Limited, Annual General Meeting, Apr 21, 2025, at 14:00 SE Asia Standard Time.
Reported Earnings • Nov 16Third quarter 2024 earnings released: EPS: ฿0.08 (vs ฿0.11 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.08 (down from ฿0.11 in 3Q 2023). Revenue: ฿3.21b (down 6.2% from 3Q 2023). Net income: ฿52.2m (down 32% from 3Q 2023). Profit margin: 1.6% (down from 2.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Packaging industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Declared Dividend • Aug 11Second quarter dividend of ฿0.05 announcedShareholders will receive a dividend of ฿0.05. Ex-date: 22nd August 2024 Payment date: 6th September 2024 Dividend yield will be 4.2%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 15% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 8.1% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: ฿0.11 (vs ฿0.10 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.11 (up from ฿0.10 in 2Q 2023). Revenue: ฿3.65b (up 3.8% from 2Q 2023). Net income: ฿77.2m (up 9.3% from 2Q 2023). Profit margin: 2.1% (up from 2.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Packaging industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year.
お知らせ • Aug 10BG Container Glass Public Company Limited Announces Cash Dividend for the Period from April 1, 2024 to June 30, 2024, Payable on September 6, 2024BG Container Glass Public Company Limited announced cash dividend for the period from April 1, 2024 to June 30, 2024 is THB 0.05 per share. Par value THB 5.00. The dividend will be payable on September 6, 2024. Record date for the right to receive dividends is August 23, 2024. Ex-dividend date is August 22, 2024.
Declared Dividend • May 17Dividend of ฿0.07 announcedShareholders will receive a dividend of ฿0.07. Ex-date: 28th May 2024 Payment date: 14th June 2024 Dividend yield will be 3.9%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 8.0% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.14 (vs ฿0.11 in 1Q 2023)First quarter 2024 results: EPS: ฿0.14 (up from ฿0.11 in 1Q 2023). Revenue: ฿3.79b (flat on 1Q 2023). Net income: ฿97.2m (up 29% from 1Q 2023). Profit margin: 2.6% (up from 2.0% in 1Q 2023). Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Packaging industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 13% per year and the company’s share price has also fallen by 13% per year.
お知らせ • May 15BG Container Glass Public Company Limited Announces Cash Dividend for the Operating Period from January 1, 2024 to March 31, 2024, Payable on June 14, 2024BG Container Glass Public Company Limited announced cash dividend of THB 0.07 per share for the operating period from January 1, 2024 to March 31, 2024. Par value: THB 5.00. Date of Board resolution: May 14, 2024. Record date for the right to receive dividends: May 29, 2024. Ex-dividend date: May 28, 2024. Payment date: June 14, 2024.
Upcoming Dividend • Apr 20Upcoming dividend of ฿0.08 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 60% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of Thai dividend payers (5.9%). Higher than average of industry peers (2.6%).
お知らせ • Apr 20BG Container Glass Public Company Limited Approves Interim Dividend, Payable Within 17 May 2024BG Container Glass Public Company Limited at the AGM held on 19 April 2024, approved interim dividend payout be acknowledged. The appropriation of profit from operating results ended 31 December 2023 for legal capital reserve amounted to THB 1,949,200, the total of legal capital reserves for the year 2023 amounted to THB 13,698,259 and the dividend payout at the rate of THB 0.080 per share, totaling THB 55,555,520 that the date to record the names of the shareholders who are entitled to receive the dividend payment (Record Date) is determined on 29 April 2024, and the date of the dividend payment is determined within 17 May 2024.
Reported Earnings • Mar 02Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: ฿0.47 (down from ฿0.73 in FY 2022). Revenue: ฿15.0b (up 4.4% from FY 2022). Net income: ฿324.4m (down 36% from FY 2022). Profit margin: 2.2% (down from 3.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Packaging industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 10% per year.
Declared Dividend • Mar 02Fourth quarter dividend of ฿0.08 announcedShareholders will receive a dividend of ฿0.08. Ex-date: 26th April 2024 Payment date: 17th May 2024 Dividend yield will be 3.8%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 30% per year over the past 5 years and payments have been stable during that time. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.
お知らせ • Mar 02BG Container Glass Public Company Limited, Annual General Meeting, Apr 19, 2024BG Container Glass Public Company Limited, Annual General Meeting, Apr 19, 2024, at 14:00 SE Asia Standard Time. Agenda: To consider and certify the 2023 Annual General Meeting of Shareholders, on 18 April 2023; To consider and acknowledge the Company's performance results for the year 2023; To consider and approve the Company's Statement of Financial Position as at 31 December 2023, Statement of Comprehensive Income, and Statement of Cash Flows for the year ended 31 December 2023 with the Auditor Report, which has been audited by auditor.
お知らせ • Mar 01BG Container Glass Public Company Limited Proposes Dividend Payment for the Year Ended 31 December 2023, Payable on 17 May 2024BG Container Glass Public Company Limited at its board meeting held on 29 February 2024, approved to propose to the 2024 Annual General Meeting of Shareholders to approve the dividend payment from the results of operation for the year ended 31 December 2023 at THB 0.080 per share for 694,444,000 ordinary shares, totaling THB 55,555,520. And when combined with the three interim dividend payments during 2023 as follows: First time, on 15 June 2023 at THB 0.080 per share from the resultsof operation during 1 January 2022 to 31 March 2023. Second time, on 8 September 2023 at THB 0.060 per share fromthe results of operation during 1 April 2023 to 30 June 2023. Third time, on 13 December 2023 at THB 0.060 per share from theresults of operation during 1 July 2023 to 30 September 2023. The dividend to be paid for the fiscal year 2023 is a total of THB 0.280 per share, amounting to THB 194,444,320. This represents a dividend payout ratio of approximately 7 0 . 9 % of net profit based on the company's separate financial statements. The date for determining the rights of shareholders to receive dividend payment (Record Date) will be 29 April 2024. The dividend payment date is set to be 17 May 2024. However, the foregoing proposed divided payment is still uncertain, as it is still subject to final consideration and approval by the 2024 AnnualGeneral Meeting of Shareholders (The dividend for THB 0.080 per share paid from the net profit that was not promoted by BOI, so it received a tax credit).
お知らせ • Dec 26BG Container Glass Public Company Limited Announces Change in the Member Sub-CommitteesBG Container Glass Public Company Limited held the Board of Directors Meeting No. 5/2023 on 12 December 2023, which has resolved to approve the change of the member sub-committees in 4 sets. It will be effective from 1 January 2024 onwards. The current the member of Investment Committee Mr. Somchai Sirivichayakul as Chairman and Mr. Punn Kasemsup and Mrs. Amarat Puvaveeranin as Director. List of approved directors: Mr. Punn Kasemsup as Chairman. Mrs. Sunsanee Supatravanij and Mrs. Amarat Puvaveeranin as Director. The current the member of Nomination and Remuneration Committee: Mr. Somchai Sirivichayakul as Chairman, Mrs. Sunsanee Supatravanij and Mr. Pavin Bhirombhakdi as Director. List of approved directors: Mrs. Sunsanee Supatravanij as Chairman. Mr. Pavin Bhirombhakdi and Mr. Punn Kasemsup as Director. The current the member of Audit Committee: Mrs. Suttharug Panya as Chairman, Mrs. Sunsanee Supatravanij and Mr. Punn Kasemsup as Director. List of approved directors Mrs. Suttharug Panya as Chairman, Mr. Punn Kasemsup and Mr. Somchai Sirivichayakul as Director. The current the member of Corporate Governance and Sustainability Committee: Mrs. Sunsanee Supatravanij as Chairman, Mr. Somchai Sirivichayakul and Mr. Silparat Watthanakasetr as Director. List of approved directors: Mr. Somchai Sirivichayakul as Chairman, Mrs. Sunsanee Supatravanij and Mr. Silparat Watthanakasetr as Director.
Upcoming Dividend • Nov 20Upcoming dividend of ฿0.06 per share at 5.1% yieldEligible shareholders must have bought the stock before 27 November 2023. Payment date: 13 December 2023. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 5.1%. Lower than top quartile of Thai dividend payers (6.7%). Higher than average of industry peers (2.5%).
Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: ฿0.11 (vs ฿0.14 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.11 (down from ฿0.14 in 3Q 2022). Revenue: ฿3.42b (up 12% from 3Q 2022). Net income: ฿77.0m (down 20% from 3Q 2022). Profit margin: 2.3% (down from 3.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 2 years compared to a 6.2% growth forecast for the Packaging industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 8% per year.
お知らせ • Nov 15BG Container Glass Public Company Limited Announces Interim Dividend for the Period from July 1, 2023 to September 30, 2023, Payable on December 13, 2023BG Container Glass Public Company Limited announced the interim cash dividend of THB 0.06 per share for the operating period from July 1, 2023 to September 30, 2023. Record date for the right to receive dividends is November 28, 2023. Ex-date is November 27, 2023. Payment date is December 13, 2023.
Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: ฿0.10 (vs ฿0.15 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.10 (down from ฿0.15 in 2Q 2022). Revenue: ฿3.51b (up 2.7% from 2Q 2022). Net income: ฿70.6m (down 35% from 2Q 2022). Profit margin: 2.0% (down from 3.2% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Packaging industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.
Upcoming Dividend • Aug 16Upcoming dividend of ฿0.06 per share at 4.7% yieldEligible shareholders must have bought the stock before 23 August 2023. Payment date: 08 September 2023. Payout ratio is on the higher end at 75% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of Thai dividend payers (6.4%). Higher than average of industry peers (2.7%).
Price Target Changed • Jun 03Price target decreased by 14% to ฿9.98Down from ฿11.55, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ฿9.60. Stock is down 9.4% over the past year. The company is forecast to post earnings per share of ฿0.70 for next year compared to ฿0.73 last year.
Upcoming Dividend • May 22Upcoming dividend of ฿0.08 per share at 4.5% yieldEligible shareholders must have bought the stock before 29 May 2023. Payment date: 15 June 2023. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (6.4%). Higher than average of industry peers (2.5%).
お知らせ • May 18BG Container Glass Public Company Limited Appoints Sirikul Mangkornkanok as Chief Financial OfficerBG Container Glass Public Company Limited appointed Miss Sirikul Mangkornkanok as Chief Financial Officer. Effective Date of Appointment is May 17, 2023.
Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.11 (vs ฿0.31 in 1Q 2022)First quarter 2023 results: EPS: ฿0.11 (down from ฿0.31 in 1Q 2022). Revenue: ฿3.81b (down 6.2% from 1Q 2022). Net income: ฿75.5m (down 65% from 1Q 2022). Profit margin: 2.0% (down from 5.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Packaging industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 3% per year.
お知らせ • May 17BG Container Glass Public Company Limited Announces Interim Cash Dividend for the Period from January 1, 2023 to March 31, 2023, Payable on June 15, 2023BG Container Glass Public Company Limited announced interim cash dividend payment of THB 0.08 per share for the period from January 1, 2023 to March 31, 2023. Record date for the right to receive dividends is May 30, 2023. Ex-dividend date is May 29, 2023. The dividend will be payable on June 15, 2023.
お知らせ • May 05BG Container Glass Public Company Limited Announces Resignation of Ardisak Boeprasert as Chief Financial OfficerBG Container Glass Public Company Limited announced the resignation of Mr. Ardisak Boeprasert as Chief Financial Officer. Effective date of termination is May 1, 2023.
Upcoming Dividend • Apr 18Upcoming dividend of ฿0.12 per share at 4.4% yieldEligible shareholders must have bought the stock before 25 April 2023. Payment date: 17 May 2023. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Thai dividend payers (5.9%). Higher than average of industry peers (2.4%).
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Punn Kasemsup was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: ฿0.14 (vs ฿0.18 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.14 (down from ฿0.18 in 3Q 2021). Revenue: ฿3.06b (up 9.2% from 3Q 2021). Net income: ฿96.7m (down 23% from 3Q 2021). Profit margin: 3.2% (down from 4.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Packaging industry in Thailand. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • Nov 10BG Container Glass Public Company Limited Announces Interim Cash Dividend for the Operating Period from July 1, 2022 to September 30, 2022, Payable on December 8, 2022BG Container Glass Public Company Limited announced interim cash dividend of THB 0.10 per share for the operating period from July 1, 2022 to September 30, 2022. Record date for the right to receive dividends is November 23, 2022. Ex-dividend date is November 22, 2022. Payment date is December 8, 2022.
Major Estimate Revision • Aug 16Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from ฿13.5b to ฿15.0b. EPS estimate unchanged from ฿0.74 at last update. Packaging industry in Thailand expected to see average net income growth of 18% next year. Consensus price target of ฿11.25 unchanged from last update. Share price was steady at ฿10.10 over the past week.
Upcoming Dividend • Aug 15Upcoming dividend of ฿0.10 per shareEligible shareholders must have bought the stock before 22 August 2022. Payment date: 09 September 2022. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Thai dividend payers (5.5%). Higher than average of industry peers (2.1%).
Reported Earnings • Aug 11Second quarter 2022 earnings: EPS in line with expectations, revenues disappointSecond quarter 2022 results: EPS: ฿0.16 (down from ฿0.18 in 2Q 2021). Revenue: ฿3.42b (up 7.3% from 2Q 2021). Net income: ฿107.9m (down 12% from 2Q 2021). Profit margin: 3.2% (down from 3.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 6.8% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year.
お知らせ • Aug 10BG Container Glass Public Company Limited Announces Interim Cash Dividend for the Period from April 1, 2022 to June 30, 2022, Payable on September 9, 2022BG Container Glass Public Company Limited announced interim cash dividend payment of THB 0.10 per share for the period from April 1, 2022 to June 30, 2022. Record date for the right to receive dividends is August 23, 2022. Ex-dividend date is August 22, 2022. The dividend will be Payable on September 9, 2022. .
Buying Opportunity • Aug 09Now 21% undervaluedOver the last 90 days, the stock is up 4.0%. The fair value is estimated to be ฿12.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has declined by 4.1%. Revenue is forecast to grow by 8.1% in 2 years. Earnings is forecast to grow by 13% in the next 2 years.
Buying Opportunity • Jul 16Now 21% undervaluedOver the last 90 days, the stock is up 2.0%. The fair value is estimated to be ฿13.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has declined by 4.1%. Revenue is forecast to grow by 8.1% in 2 years. Earnings is forecast to grow by 13% in the next 2 years.
Buying Opportunity • Jul 01Now 21% undervaluedOver the last 90 days, the stock is up 3.0%. The fair value is estimated to be ฿13.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has declined by 4.1%. Revenue is forecast to grow by 8.1% in 2 years. Earnings is forecast to grow by 13% in the next 2 years.
Upcoming Dividend • May 18Upcoming dividend of ฿0.13 per shareEligible shareholders must have bought the stock before 25 May 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Thai dividend payers (5.4%). Higher than average of industry peers (2.4%).
Reported Earnings • May 16First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: ฿0.31 (up from ฿0.26 in 1Q 2021). Revenue: ฿4.07b (up 23% from 1Q 2021). Net income: ฿216.8m (up 24% from 1Q 2021). Profit margin: 5.3% (in line with 1Q 2021). Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 3.3%, compared to a 9.4% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 3% per year.
お知らせ • May 14BG Container Glass Public Company Limited Announces Interim Cash Dividend for the Period from January 1, 2022 to March 31, 2022, Payable on June 10, 2022BG Container Glass Public Company Limited announced interim cash dividend payment of THB 0.125 per share for the period from January 1, 2022 to March 31, 2022. Record date for the right to receive dividends is May 26, 2022. Ex-dividend date is May 25, 2022. The dividend will be payable on June 10, 2022.
Upcoming Dividend • May 03Upcoming dividend of ฿0.12 per shareEligible shareholders must have bought the stock before 10 May 2022. Payment date: 27 May 2022. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Thai dividend payers (5.1%). Higher than average of industry peers (2.3%).
Price Target Changed • Apr 27Price target decreased to ฿11.25Down from ฿12.67, the current price target is an average from 2 analysts. New target price is 13% above last closing price of ฿10.00. Stock is up 3.1% over the past year. The company is forecast to post earnings per share of ฿0.74 for next year compared to ฿0.69 last year.
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Independent Director Punn Kasemsup was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 06BG Container Glass Public Company Limited, Annual General Meeting, Apr 29, 2022BG Container Glass Public Company Limited, Annual General Meeting, Apr 29, 2022.
Price Target Changed • Mar 05Price target decreased to ฿11.73Down from ฿12.67, the current price target is an average from 3 analysts. New target price is 16% above last closing price of ฿10.10. Stock is up 1.0% over the past year. The company is forecast to post earnings per share of ฿0.74 for next year compared to ฿0.69 last year.
お知らせ • Mar 03BG Container Glass Public Company Limited Announces Executive ChangesBG Container Glass Public Company Limited announced the termination of Miss. Sirikul Mangkornkanok as CFO, with effect from February 28, 2022. The company appointed Mr. Ardisak Boeprasert as chief financial officer of the company, with effect from March 1, 2022.
Reported Earnings • Feb 24Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: ฿0.69 (down from ฿0.74 in FY 2020). Revenue: ฿12.5b (up 13% from FY 2020). Net income: ฿479.5m (down 7.1% from FY 2020). Profit margin: 3.8% (down from 4.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 8.7%, compared to a 11% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year.
お知らせ • Feb 24BG Container Glass Public Company Limited Approves Dividend Payment, Payable on May 27, 2022BG Container Glass Public Company Limited approved to proposes to the 2022 Annual General Meeting of Shareholders to consider and approve the 2021 dividend payment as follows: To approve the dividend payment from the results of operation for the year 2021 at THB 0.48 per share. As the Company has already made an interim dividend payment for 3 times in total at THB 0.36 per share as follows: No.1 on 11 June 2021 at THB 0.13 per share from the results of operation during 1 January 2021 to 31 March 2021. No.2 on 10 September 2021 at THB 0.12 per share from the results of operation during 1 April 2021 to 30 June 2021. No.3 on 9 December 2021 at THB 0.11 per share from the results of operation during 1 July 2021 to 30 September 2021. The remaining dividend payment is at THB 0.12 per share for 694,444,000 ordinary shares, totaling amount of THB 83,333,280 which is approximately 64% of net profit for the year 2021. The date for determining the rights of shareholders to receive dividend payment (Record Date) will be on 11 May 2022. The dividend payment date is set to be on 27 May 2022. The foregoing proposed divided payment is still uncertain, as it is still subject to the final approval by the 2022 Annual General Meeting of Shareholders. (The dividend for THB 0.12 per share, paid from the net profit which part of its revenue is exempted for the corporate income tax according of BOI privilege, cannot get the tax credited).
Board Change • Dec 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Independent Director Punn Kasemsup was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Nov 17Upcoming dividend of ฿0.11 per shareEligible shareholders must have bought the stock before 24 November 2021. Payment date: 09 December 2021. Trailing yield: 4.2%. Lower than top quartile of Thai dividend payers (4.8%). Higher than average of industry peers (1.7%).
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS ฿0.18 (vs ฿0.22 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿2.80b (down 7.3% from 3Q 2020). Net income: ฿125.6m (down 19% from 3Q 2020). Profit margin: 4.5% (down from 5.1% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year.
Upcoming Dividend • Aug 17Upcoming dividend of ฿0.12 per shareEligible shareholders must have bought the stock before 24 August 2021. Payment date: 10 September 2021. Trailing yield: 4.1%. Lower than top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (1.5%).
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS ฿0.18 (vs ฿0.12 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿3.19b (up 44% from 2Q 2020). Net income: ฿122.2m (up 53% from 2Q 2020). Profit margin: 3.8% (up from 3.6% in 2Q 2020). The increase in margin was driven by higher revenue.
Upcoming Dividend • May 18Upcoming dividend of ฿0.13 per shareEligible shareholders must have bought the stock before 25 May 2021. Payment date: 11 June 2021. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (4.9%). Higher than average of industry peers (1.7%).
Reported Earnings • May 16First quarter 2021 earnings released: EPS ฿0.26 (vs ฿0.23 in 1Q 2020)The company reported a solid first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: ฿3.04b (flat on 1Q 2020). Net income: ฿182.4m (up 13% from 1Q 2020). Profit margin: 6.0% (up from 5.3% in 1Q 2020).
お知らせ • May 14BG Container Glass Public Company Limited Approves Interim Dividend, Payable on 11 June 2021BG Container Glass Public Company Limited has resolved to approve the payment of an interim dividend from the operating profit of the Company for the period from 1 January 2021 to 31 March 2021 at the rate of THB 0.13 per share. The record date for entitlement to receive the interim dividend will be on 27 May 2020 and the interim dividend will be paid on 11 June 2021. Ex-dividend date on May 25, 2021.
Upcoming Dividend • Apr 14Upcoming dividend of ฿0.12 per shareEligible shareholders must have bought the stock before 21 April 2021. Payment date: 07 May 2021. Trailing yield: 4.6%. Lower than top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (2.0%).
Price Target Changed • Mar 02Price target lowered to ฿13.00Down from ฿14.70, the current price target is an average from 2 analysts. The new target price is 27% above the current share price of ฿10.20. As of last close, the stock is down 8.1% over the past year.
お知らせ • Feb 20BG Container Glass Public Company Limited, Annual General Meeting, Apr 09, 2021BG Container Glass Public Company Limited, Annual General Meeting, Apr 09, 2021.
Is New 90 Day High Low • Feb 20New 90-day low: ฿10.00The company is down 8.0% from its price of ฿10.90 on 20 November 2020. The Thai market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿14.51 per share.
Reported Earnings • Feb 20Full year 2020 earnings released: EPS ฿0.74 (vs ฿0.74 in FY 2019)The company reported a mediocre full year result with weaker revenues, although earnings were flat and profit margins improved. Full year 2020 results: Revenue: ฿11.0b (down 2.6% from FY 2019). Net income: ฿516.4m (flat on FY 2019). Profit margin: 4.7% (up from 4.5% in FY 2019). The increase in margin was driven by lower expenses.
Analyst Estimate Surprise Post Earnings • Feb 20Revenue and earnings miss expectationsRevenue missed analyst estimates by 0.9%. Earnings per share (EPS) also missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 6.9%, compared to a 20% growth forecast for the Packaging industry in Thailand.
お知らせ • Jan 22BG Container Glass Public Company Limited Announces Board ChangesBG Container Glass Public Company Limited held the Board of Directors Meeting on 21 January 2021 approved the appointment of Mr. Punn Kasemsup as the Company' s Director in replacement with Mr. Kasom Chanawongse, the resigning Director, with effective from 21 January 2021 onwards. The term of service of appointed Director shall be equal to the remaining term of resigned Director, approved the appointment of Mr. Punn Kasemsup as a member of the Audit Committee in replacement with Mr. Somchai Sirivichayakul (The Board of Directors' meeting has resolved Mr. Somchai Sirivichayakul to terminate his term as a member of Audit Committee and appointed as the Chairman of Investment Committee.), with effective from 21 January 2021 onwards and approved the appointment of the Investment Committee to consider on the Company's investment, with effective from 21 January 2021 onwards. Whereas Ms. Sirikul Mangkornkanok is the Secretary of the Investment Committee.
お知らせ • Jan 01BG Container Glass Public Company Limited Announces Resignation of Mr. Kasom Chanawongse from Director, Effective December 30, 2020BG Container Glass Public Company Limited announced that Mr. Kasom Chanawongse has submitted his resignation from Director, which is effective from 30 December 2020 onwards.
Major Estimate Revision • Nov 28Analysts increase EPS estimates to ฿0.90The 2020 consensus revenue estimate increased from ฿10.9b to ฿11.1b. The earnings per share estimate also received an upgrade from ฿0.70 to ฿0.90 for the same period. Net income is expected to grow by 13% next year compared to 15% growth forecast for the Packaging industry in Thailand. The consensus price target increased from ฿14.45 to ฿14.70. Share price stayed mostly flat at ฿10.90 over the past week.
Price Target Changed • Nov 21Price target raised to ฿14.45Up from ฿11.00, the current price target is an average from 2 analysts. The new target price is 33% above the current share price of ฿10.90. As of last close, the stock is down 17% over the past year.
Valuation Update With 7 Day Price Move • Nov 19Market bids up stock over the past weekAfter last week's 17% share price gain to ฿11.10, the stock is trading at a trailing P/E ratio of 13.2x, up from the previous P/E ratio of 11.3x. This compares to an average P/E of 11x in the Packaging industry in Thailand. Total return to shareholders over the past year is a loss of 15%.
お知らせ • Nov 13BG Container Glass Public Company Limited Announces Executive ChangesThe Board of Directors' Meeting of BG Container Glass Public Company Limited held on 12 November 2020, has resolved to approve the appointment of Mr. Suravich Yingsithisawatt as the Company Secretary in replacement of Mr. Vorrapop Taksaphan, which is effective from 12 November 2020 onwards.
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS ฿0.22The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿2.70b (up 6.4% from 3Q 2019). Net income: ฿155.7m (up 94% from 3Q 2019). Profit margin: 5.8% (up from 3.2% in 3Q 2019). The increase in margin was driven by higher revenue.
Analyst Estimate Surprise Post Earnings • Nov 13Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates by 57%. Over the next year, revenue is forecast to grow 17%, compared to a 9.6% growth forecast for the Packaging industry in Thailand.
Is New 90 Day High Low • Oct 19New 90-day low: ฿9.35The company is down 1.0% from its price of ฿9.45 on 21 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Packaging industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿7.27 per share.
お知らせ • Oct 16BG Container Glass Public Company Limited (SET:BGC) agreed to acquire Bangkok Visypak Company Limited, BG Packaging Company Limited and Kabinburi Glass Industry Company Ltd from BG Container Glass Public Company Limited (SET:BGC) for THB 4 billion.BG Container Glass Public Company Limited (SET:BGC) signed a basic agreement to acquire 100% stakes in Bangkok Visypak Company Limited, 100% stakes in BG Packaging Company Limited and 97.01% stakes in Kabinburi Glass Industry Company Ltd from BG Container Glass Public Company Limited (SET:BGC) for THB 4 billion on October 15, 2020. BG Container Glass Public Company Limited will pay approximately THB 500 million for 699,997 ordinary shares of Bangkok Visypak Company Limited representing 100% of total 700,000 issued shares, approximately THB 1,150 million for 3,399,998 ordinary shares of BG Packaging Company Limited, representing 100% of total 3,400,000 issued shares and approximately THB 2,328 million for 30,073,596 ordinary shares of Kabinburi Glass Industry Company Ltd, representing 97.01% of total 31,000,000 issued shares. BG Container Glass Public Company Limited will fund the acquisition through cash, raising capital and loan from financial institution. Post-acquisition, Amarat Puvaveeranin, Silparat Watthanakasetr, Sirikul Mangkornkanok and Teerayut Intatong will join Bangkok Visypak Co., LTD and BG Packaging Company Limited, Somporn Temudomsomboon, Silparat Watthanakasetr and Sirikul Mangkornkanok will join as board of directors of Kabinburi Glass Industry Co Ltd. The transaction is subject to signing of definitive agreement, approval of offer by BG Container Glass Public Company Limited shareholders and approval of offer by Bangkok Visypak Company Limited, BG Packaging Company Limited and Kabinburi Glass Industry Company Ltd shareholder. As of October 15, 2020 board of directors of BG Container Glass Public Company Limited approved the deal. The transaction is expected to close within March, 2021. Silom Advisory Company acted as financial advisor to BG Container Glass Public Company Limited.
Valuation Update With 7 Day Price Move • Oct 16Market pulls back on stock over the past weekAfter last week's 23% share price decline to ฿9.85, the stock is trading at a trailing P/E ratio of 13.5x, down from the previous P/E ratio of 17.5x. This compares to an average P/E of 12x in the Packaging industry in Thailand. Total return to shareholders over the past year is a loss of 37%.
お知らせ • Oct 01BG Container Glass Public Company Limited (SET:BGC) signed the sale and purchase agreement to acquire 26% stake in B S Glass Recycling Company Limited from Bunyapotikul Company Limited and Sunanta Bunyaphothikul for THB 35 million.BG Container Glass Public Company Limited (SET:BGC) agreed to acquire 26% stake in B S Glass Recycling Company Limited from Bunyapotikul Company Limited and Sunanta Bunyaphothikul for THB 35 million on August 9, 2019. BG Container Glass signed the sale and purchase agreement on September 26, 2019. THB 3.5 million will be paid on signing of the agreement and THB 31.5 million will be paid within closing date. BG Container Glass will acquire 52,000 shares. To fund the transaction, BG Container Glass will loan from local financial institution, which it anticipates will not affect the shareholder rights. After the transaction, Jhintana Jantalert and Sirikul Mangkornkanok will be appointed as directors in place of Sunanta Bunyaphothikul and Arunrat Sornphlaeng. On August 9, 2019, the Board of Directors of BG Container Glass approved the transaction. The transaction is expected to complete on October 31, 2019.
Is New 90 Day High Low • Sep 18New 90-day high: ฿12.90The company is up 19% from its price of ฿10.80 on 19 June 2020. The Thai market is down 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Packaging industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿8.11 per share.