View ValuationSmart Concrete 将来の成長Future 基準チェック /06現在、 Smart Concrete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Basic Materials 収益成長17.0%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesUpcoming Dividend • Apr 14Upcoming dividend of ฿0.068 per shareEligible shareholders must have bought the stock before 20 April 2026. Payment date: 05 May 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 10%. Within top quartile of Thai dividend payers (7.4%). Higher than average of industry peers (3.7%).Buy Or Sell Opportunity • Mar 23Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to ฿0.61. The fair value is estimated to be ฿0.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 11%.Buy Or Sell Opportunity • Mar 05Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to ฿0.61. The fair value is estimated to be ฿0.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 11%.Reported Earnings • Feb 21Full year 2025 earnings released: EPS: ฿0.031 (vs ฿0.084 in FY 2024)Full year 2025 results: EPS: ฿0.031 (down from ฿0.084 in FY 2024). Revenue: ฿429.2m (down 26% from FY 2024). Net income: ฿32.3m (down 63% from FY 2024). Profit margin: 7.5% (down from 15% 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 11% per year whereas the company’s share price has fallen by 9% per year.Declared Dividend • Feb 20Dividend increased to ฿0.068Dividend of ฿0.068 is 39% higher than last year. Ex-date: 20th April 2026 Payment date: 5th May 2026 Dividend yield will be 10%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is not covered by earnings (148% earnings payout ratio). However, it is covered by cash flows (72% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 64% to bring the payout ratio under control. However, EPS has declined by 9.9% over the last 5 years so the company would need to reverse this trend.お知らせ • Feb 19Smart Concrete Public Company Limited announces Annual dividend, payable on May 05, 2026Smart Concrete Public Company Limited announced Annual dividend of THB 0.0675 per share payable on May 05, 2026, ex-date on April 20, 2026 and record date on April 21, 2026.お知らせ • Feb 18Smart Concrete Public Company Limited, Annual General Meeting, Apr 08, 2026Smart Concrete Public Company Limited, Annual General Meeting, Apr 08, 2026, at 10:00 SE Asia Standard Time. Location: chonprateep meeting room, chonprateep building, 2nd floor, 39/1 moo 1, sukhumvit road, huai kaphi subdistrict, mueang chonburi district, chonburi province., ThailandNew Risk • Jan 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (148% payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change). Profit margins are more than 30% lower than last year (7.6% net profit margin). Market cap is less than US$100m (฿541.6m market cap, or US$17.4m).Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: ฿0.009 (vs ฿0.021 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.009 (down from ฿0.021 in 3Q 2024). Revenue: ฿115.6m (down 17% from 3Q 2024). Net income: ฿8.92m (down 59% from 3Q 2024). Profit margin: 7.7% (down from 16% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.New Risk • Aug 08New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.9% Last year net profit margin: 17% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (108% payout ratio). Profit margins are more than 30% lower than last year (9.9% net profit margin). Market cap is less than US$100m (฿552.0m market cap, or US$17.1m).Upcoming Dividend • Apr 21Upcoming dividend of ฿0.049 per shareEligible shareholders must have bought the stock before 28 April 2025. Payment date: 19 May 2025. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 7.6%. Lower than top quartile of Thai dividend payers (7.9%). Higher than average of industry peers (5.1%).Declared Dividend • Mar 01Dividend reduced to ฿0.049Dividend of ฿0.049 is 47% lower than last year. Ex-date: 28th April 2025 Payment date: 19th May 2025 Dividend yield will be 7.2%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is not adequately covered by earnings (92% earnings payout ratio). However, it is covered by cash flows (82% cash payout ratio). The dividend has increased by an average of 13% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 1.8% to bring the payout ratio under control, which is less than the 12% EPS growth achieved over the last 5 years.お知らせ • Feb 28+ 1 more updateSmart Concrete Public Company Limited Proposes Dividend in Cash for the Operating Period from 01 January 2024 to 31 December 2024, Payment Date on May 19, 2025Smart Concrete Public Company Limited at the AGM to be held on proposed April 22, 2025, proposed the dividend in cash for the Operating period from 01 January 2024 to 31 December 2024 of THB 0.0485 per share, total of THB 50,515,981.99 equaling 61.14% of net profit for the year after legal reserve which no less than 40% of the annual net profit after legal reserve. And proposing the record date which shareholders are eligible to receive a dividend on April 29, 2025 and dividend payment date on May 19, 2025. This dividend payment shall be paid from net profit. However, the 2024 dividend payment depend on consideration and approval of 2025 AGM.Reported Earnings • Nov 14Third quarter 2024 earnings released: EPS: ฿0.021 (vs ฿0.031 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.021 (down from ฿0.031 in 3Q 2023). Revenue: ฿139.3m (down 25% from 3Q 2023). Net income: ฿21.5m (down 34% from 3Q 2023). Profit margin: 16% (down from 17% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.026 (vs ฿0.021 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.026 (up from ฿0.021 in 2Q 2023). Revenue: ฿155.2m (down 15% from 2Q 2023). Net income: ฿26.6m (up 23% from 2Q 2023). Profit margin: 17% (up from 12% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. MD & Vice Chairman Rungsee Teepakronsukasam was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • May 15First quarter 2024 earnings released: EPS: ฿0.027 (vs ฿0.024 in 1Q 2023)First quarter 2024 results: EPS: ฿0.027 (up from ฿0.024 in 1Q 2023). Revenue: ฿165.4m (down 4.2% from 1Q 2023). Net income: ฿27.7m (up 12% from 1Q 2023). Profit margin: 17% (up from 14% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 15Upcoming dividend of ฿0.091 per shareEligible shareholders must have bought the stock before 22 April 2024. Payment date: 10 May 2024. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 8.7%. Within top quartile of Thai dividend payers (5.8%). Higher than average of industry peers (3.4%).Declared Dividend • Feb 17Dividend increased to ฿0.091Dividend of ฿0.091 is 150% higher than last year. Ex-date: 22nd April 2024 Payment date: 10th May 2024 Dividend yield will be 7.4%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Feb 16Smart Concrete Public Company Limited, Annual General Meeting, Apr 11, 2024Smart Concrete Public Company Limited, Annual General Meeting, Apr 11, 2024, at 10:00 SE Asia Standard Time. Agenda: To consider Chairman's Report; to consider and certify the minutes of the 2023 Annual General Meeting of Shareholders; to consider the Board of Director Report for the Company's 2023 performance, the 2023 annual report and the Anti-Corruption policy for the year 2024; to consider and approve the Financial Statements for the year 2023 ended December 31, 2023 and to acknowledge the auditor's report from approval auditor; to consider and approve the allocation of the 2023 net profit ending December 31,2023 as a legal reserve; and to consider other business matters.New Risk • Feb 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.9% average weekly change). 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 (฿1.29b market cap, or US$35.9m).Reported Earnings • Feb 16Full year 2023 earnings released: EPS: ฿0.10 (vs ฿0.037 in FY 2022)Full year 2023 results: EPS: ฿0.10 (up from ฿0.037 in FY 2022). Revenue: ฿713.8m (up 25% from FY 2022). Net income: ฿106.6m (up 174% from FY 2022). Profit margin: 15% (up from 6.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 15Smart Concrete Public Company Limited Proposes Cash Dividend for the Year 2023, Payable on May 10, 2024Smart Concrete Public Company Limited at its board meeting held on February 15, 2024, approved to propose at its annual general meeting of shareholder to be held on April 11, 2024, dividend in cash of THB 0.0912 per share total of THB 94,990,877.48 for the year 2023 equaling 93.88% of net profit for the year after legal reserve which no less than 40% of net profit after legal reserve. And proposing the record date which shareholders are eligible to receive a dividend on April 23, 2024 and dividend payment date on May 10, 2024. This dividend payment shall be paid from net profit. However, the 2023 dividend payment depend on consideration and approval of 2024 AGM. Ex-dividend date is April 22, 2024.Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ฿1.59, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 12x in the Basic Materials industry in Thailand. Total returns to shareholders of 223% over the past three years.New Risk • Nov 28New 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 6.2% 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: 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 (6.2% average weekly change). Market cap is less than US$100m (฿885.3m market cap, or US$25.3m).Buying Opportunity • Nov 13Now 23% undervaluedOver the last 90 days, the stock is up 4.6%. The fair value is estimated to be ฿1.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 6.7%.Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: ฿0.021 (vs ฿0.003 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.021 (up from ฿0.003 in 2Q 2022). Revenue: ฿182.7m (up 43% from 2Q 2022). Net income: ฿21.6m (up ฿18.8m from 2Q 2022). Profit margin: 12% (up from 2.3% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.New Risk • Jun 23New 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 6.4% 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: 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 (6.4% average weekly change). Market cap is less than US$100m (฿812.4m market cap, or US$23.3m).Upcoming Dividend • Apr 18Upcoming dividend of ฿0.036 per share at 4.5% yieldEligible shareholders must have bought the stock before 25 April 2023. Payment date: 17 May 2023. Payout ratio is on the higher end at 98%, however this is supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (5.9%). Higher than average of industry peers (3.4%).Reported Earnings • Feb 22Full year 2022 earnings released: EPS: ฿0.037 (vs ฿0.042 in FY 2021)Full year 2022 results: EPS: ฿0.037 (down from ฿0.042 in FY 2021). Revenue: ฿572.3m (up 25% from FY 2021). Net income: ฿39.0m (down 2.3% from FY 2021). Profit margin: 6.8% (down from 8.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: ฿0.008 (vs ฿0.007 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.008 (up from ฿0.007 in 3Q 2021). Revenue: ฿144.0m (up 39% from 3Q 2021). Net income: ฿7.96m (up 17% from 3Q 2021). Profit margin: 5.5% (down from 6.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Reported Earnings • May 16First quarter 2022 earnings released: EPS: ฿0.01 (vs ฿0.016 in 1Q 2021)First quarter 2022 results: EPS: ฿0.01 (down from ฿0.016 in 1Q 2021). Revenue: ฿137.7m (up 11% from 1Q 2021). Net income: ฿8.34m (down 43% from 1Q 2021). Profit margin: 6.1% (down from 12% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Apr 21Upcoming dividend of ฿0.04 per shareEligible shareholders must have bought the stock before 28 April 2022. Payment date: 20 May 2022. Payout ratio is on the higher end at 95%, however this is supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (5.1%). Lower than average of industry peers (5.6%).Reported Earnings • Feb 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.042 (down from ฿0.05 in FY 2020). Revenue: ฿459.5m (up 9.6% from FY 2020). Net income: ฿39.9m (down 13% from FY 2020). Profit margin: 8.7% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS ฿0.007 (vs ฿0.01 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ฿103.4m (up 5.6% from 3Q 2020). Net income: ฿6.83m (down 25% from 3Q 2020). Profit margin: 6.6% (down from 9.2% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 27Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ฿1.02, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 19x in the Basic Materials industry in Thailand. Total returns to shareholders of 121% over the past three years.Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improved over the past weekAfter last week's 30% share price gain to ฿1.27, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 18x in the Basic Materials industry in Thailand. Total returns to shareholders of 169% over the past three years.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿1.03, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 13x in the Basic Materials industry in Thailand. Total returns to shareholders of 128% over the past three years.Reported Earnings • Aug 10Second quarter 2021 earnings released: EPS ฿0.014 (vs ฿0.009 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: ฿111.2m (up 18% from 2Q 2020). Net income: ฿9.10m (up 7.7% from 2Q 2020). Profit margin: 8.2% (down from 8.9% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Board Change • Jul 31High number of new directorsMD & Vice Chairman Rungsee Teepakronsukasam was the last director to join the board, commencing their role in 2021.Executive Departure • Jun 03Chief Executive Officer, President & Director Pratheep Theepakornsukkasem has left the companyOn the 23rd of May, Pratheep Theepakornsukkasem's tenure as Chief Executive Officer, President & Director ended. Pratheep still personally held 19.22m shares (฿16m worth) as of March 2021. This is 2.1% of the company. Pratheep is the only executive to leave the company over the last 12 months.Reported Earnings • May 09First quarter 2021 earnings released: EPS ฿0.032 (vs ฿0.014 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿123.9m (up 5.1% from 1Q 2020). Net income: ฿14.5m (up 16% from 1Q 2020). Profit margin: 12% (up from 11% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿1.94, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 18x in the Basic Materials industry in Thailand. Total returns to shareholders of 175% over the past three years.Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improved over the past weekAfter last week's 19% share price gain to ฿1.60, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 18x in the Basic Materials industry in Thailand. Total returns to shareholders of 137% over the past three years.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improved over the past weekAfter last week's 15% share price gain to ฿1.28, the stock is trading at a trailing P/E ratio of 12.9x, up from the previous P/E ratio of 11.1x. This compares to an average P/E of 13x in the Basic Materials industry in Thailand. Total returns to shareholders over the past three years are 98%.Is New 90 Day High Low • Mar 02New 90-day high: ฿1.15The company is up 13% from its price of ฿1.02 on 02 December 2020. The Thai market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 1.0% over the same period.Reported Earnings • Feb 20Full year 2020 earnings released: EPS ฿0.10 (vs ฿0.096 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ฿419.2m (down 10% from FY 2019). Net income: ฿45.8m (up 3.6% from FY 2019). Profit margin: 11% (up from 9.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Feb 03New 90-day high: ฿1.08The company is up 5.0% from its price of ฿1.03 on 05 November 2020. The Thai market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 11% over the same period.Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS ฿0.025The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿97.9m (down 22% from 3Q 2019). Net income: ฿9.04m (down 39% from 3Q 2019). Profit margin: 9.2% (down from 12% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. 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、Smart Concrete 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:SMART - 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12/31/2025429325283N/A9/30/2025450347097N/A6/30/20254734785117N/A3/31/20255357188115N/A12/31/202458287115133N/A9/30/2024631104117140N/A6/30/2024677114126142N/A3/31/2024704110144155N/A12/31/2023712107147162N/A9/30/202370399137149N/A6/30/20236617487102N/A3/31/20236075590102N/A12/31/2022572397885N/A9/30/2022531296066N/A6/30/2022490277783N/A3/31/2022473347280N/A12/31/2021459407787N/A9/30/2021447468498N/A6/30/2021442487895N/A3/31/2021425487089N/A12/31/2020419465777N/A9/30/2020435515273N/A6/30/20204625779100N/A3/31/2020478547391N/A12/31/2019467445469N/A9/30/201944220N/A54N/A6/30/20194094N/A26N/A3/31/2019385-12N/A21N/A12/31/2018366-23N/A16N/A9/30/2018344-32N/A15N/A6/30/2018331-44N/A12N/A3/31/2018317-47N/A6N/A12/31/2017308-74N/A9N/A9/30/2017310-70N/A7N/A6/30/2017314-64N/A8N/A3/31/2017317-63N/A7N/A12/31/2016314-37N/A12N/A9/30/2016319-33N/A16N/A6/30/2016337-30N/A17N/A3/31/2016345-22N/A32N/A12/31/2015354-14N/A42N/A9/30/2015365-8N/A40N/A6/30/201538216N/A56N/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: SMART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: SMART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: SMART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: SMART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: SMART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: SMART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2026/05/06 05:17終値2026/05/06 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Smart Concrete 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Wilasinee BoonmasungsongGloblex Securities Co. Ltd.
Upcoming Dividend • Apr 14Upcoming dividend of ฿0.068 per shareEligible shareholders must have bought the stock before 20 April 2026. Payment date: 05 May 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 10%. Within top quartile of Thai dividend payers (7.4%). Higher than average of industry peers (3.7%).
Buy Or Sell Opportunity • Mar 23Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to ฿0.61. The fair value is estimated to be ฿0.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 11%.
Buy Or Sell Opportunity • Mar 05Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to ฿0.61. The fair value is estimated to be ฿0.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 11%.
Reported Earnings • Feb 21Full year 2025 earnings released: EPS: ฿0.031 (vs ฿0.084 in FY 2024)Full year 2025 results: EPS: ฿0.031 (down from ฿0.084 in FY 2024). Revenue: ฿429.2m (down 26% from FY 2024). Net income: ฿32.3m (down 63% from FY 2024). Profit margin: 7.5% (down from 15% 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 11% per year whereas the company’s share price has fallen by 9% per year.
Declared Dividend • Feb 20Dividend increased to ฿0.068Dividend of ฿0.068 is 39% higher than last year. Ex-date: 20th April 2026 Payment date: 5th May 2026 Dividend yield will be 10%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is not covered by earnings (148% earnings payout ratio). However, it is covered by cash flows (72% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 64% to bring the payout ratio under control. However, EPS has declined by 9.9% over the last 5 years so the company would need to reverse this trend.
お知らせ • Feb 19Smart Concrete Public Company Limited announces Annual dividend, payable on May 05, 2026Smart Concrete Public Company Limited announced Annual dividend of THB 0.0675 per share payable on May 05, 2026, ex-date on April 20, 2026 and record date on April 21, 2026.
お知らせ • Feb 18Smart Concrete Public Company Limited, Annual General Meeting, Apr 08, 2026Smart Concrete Public Company Limited, Annual General Meeting, Apr 08, 2026, at 10:00 SE Asia Standard Time. Location: chonprateep meeting room, chonprateep building, 2nd floor, 39/1 moo 1, sukhumvit road, huai kaphi subdistrict, mueang chonburi district, chonburi province., Thailand
New Risk • Jan 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (148% payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change). Profit margins are more than 30% lower than last year (7.6% net profit margin). Market cap is less than US$100m (฿541.6m market cap, or US$17.4m).
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: ฿0.009 (vs ฿0.021 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.009 (down from ฿0.021 in 3Q 2024). Revenue: ฿115.6m (down 17% from 3Q 2024). Net income: ฿8.92m (down 59% from 3Q 2024). Profit margin: 7.7% (down from 16% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
New Risk • Aug 08New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.9% Last year net profit margin: 17% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (108% payout ratio). Profit margins are more than 30% lower than last year (9.9% net profit margin). Market cap is less than US$100m (฿552.0m market cap, or US$17.1m).
Upcoming Dividend • Apr 21Upcoming dividend of ฿0.049 per shareEligible shareholders must have bought the stock before 28 April 2025. Payment date: 19 May 2025. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 7.6%. Lower than top quartile of Thai dividend payers (7.9%). Higher than average of industry peers (5.1%).
Declared Dividend • Mar 01Dividend reduced to ฿0.049Dividend of ฿0.049 is 47% lower than last year. Ex-date: 28th April 2025 Payment date: 19th May 2025 Dividend yield will be 7.2%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is not adequately covered by earnings (92% earnings payout ratio). However, it is covered by cash flows (82% cash payout ratio). The dividend has increased by an average of 13% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 1.8% to bring the payout ratio under control, which is less than the 12% EPS growth achieved over the last 5 years.
お知らせ • Feb 28+ 1 more updateSmart Concrete Public Company Limited Proposes Dividend in Cash for the Operating Period from 01 January 2024 to 31 December 2024, Payment Date on May 19, 2025Smart Concrete Public Company Limited at the AGM to be held on proposed April 22, 2025, proposed the dividend in cash for the Operating period from 01 January 2024 to 31 December 2024 of THB 0.0485 per share, total of THB 50,515,981.99 equaling 61.14% of net profit for the year after legal reserve which no less than 40% of the annual net profit after legal reserve. And proposing the record date which shareholders are eligible to receive a dividend on April 29, 2025 and dividend payment date on May 19, 2025. This dividend payment shall be paid from net profit. However, the 2024 dividend payment depend on consideration and approval of 2025 AGM.
Reported Earnings • Nov 14Third quarter 2024 earnings released: EPS: ฿0.021 (vs ฿0.031 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.021 (down from ฿0.031 in 3Q 2023). Revenue: ฿139.3m (down 25% from 3Q 2023). Net income: ฿21.5m (down 34% from 3Q 2023). Profit margin: 16% (down from 17% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.026 (vs ฿0.021 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.026 (up from ฿0.021 in 2Q 2023). Revenue: ฿155.2m (down 15% from 2Q 2023). Net income: ฿26.6m (up 23% from 2Q 2023). Profit margin: 17% (up from 12% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. MD & Vice Chairman Rungsee Teepakronsukasam was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • May 15First quarter 2024 earnings released: EPS: ฿0.027 (vs ฿0.024 in 1Q 2023)First quarter 2024 results: EPS: ฿0.027 (up from ฿0.024 in 1Q 2023). Revenue: ฿165.4m (down 4.2% from 1Q 2023). Net income: ฿27.7m (up 12% from 1Q 2023). Profit margin: 17% (up from 14% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 15Upcoming dividend of ฿0.091 per shareEligible shareholders must have bought the stock before 22 April 2024. Payment date: 10 May 2024. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 8.7%. Within top quartile of Thai dividend payers (5.8%). Higher than average of industry peers (3.4%).
Declared Dividend • Feb 17Dividend increased to ฿0.091Dividend of ฿0.091 is 150% higher than last year. Ex-date: 22nd April 2024 Payment date: 10th May 2024 Dividend yield will be 7.4%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 16Smart Concrete Public Company Limited, Annual General Meeting, Apr 11, 2024Smart Concrete Public Company Limited, Annual General Meeting, Apr 11, 2024, at 10:00 SE Asia Standard Time. Agenda: To consider Chairman's Report; to consider and certify the minutes of the 2023 Annual General Meeting of Shareholders; to consider the Board of Director Report for the Company's 2023 performance, the 2023 annual report and the Anti-Corruption policy for the year 2024; to consider and approve the Financial Statements for the year 2023 ended December 31, 2023 and to acknowledge the auditor's report from approval auditor; to consider and approve the allocation of the 2023 net profit ending December 31,2023 as a legal reserve; and to consider other business matters.
New Risk • Feb 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.9% average weekly change). 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 (฿1.29b market cap, or US$35.9m).
Reported Earnings • Feb 16Full year 2023 earnings released: EPS: ฿0.10 (vs ฿0.037 in FY 2022)Full year 2023 results: EPS: ฿0.10 (up from ฿0.037 in FY 2022). Revenue: ฿713.8m (up 25% from FY 2022). Net income: ฿106.6m (up 174% from FY 2022). Profit margin: 15% (up from 6.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 15Smart Concrete Public Company Limited Proposes Cash Dividend for the Year 2023, Payable on May 10, 2024Smart Concrete Public Company Limited at its board meeting held on February 15, 2024, approved to propose at its annual general meeting of shareholder to be held on April 11, 2024, dividend in cash of THB 0.0912 per share total of THB 94,990,877.48 for the year 2023 equaling 93.88% of net profit for the year after legal reserve which no less than 40% of net profit after legal reserve. And proposing the record date which shareholders are eligible to receive a dividend on April 23, 2024 and dividend payment date on May 10, 2024. This dividend payment shall be paid from net profit. However, the 2023 dividend payment depend on consideration and approval of 2024 AGM. Ex-dividend date is April 22, 2024.
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ฿1.59, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 12x in the Basic Materials industry in Thailand. Total returns to shareholders of 223% over the past three years.
New Risk • Nov 28New 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 6.2% 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: 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 (6.2% average weekly change). Market cap is less than US$100m (฿885.3m market cap, or US$25.3m).
Buying Opportunity • Nov 13Now 23% undervaluedOver the last 90 days, the stock is up 4.6%. The fair value is estimated to be ฿1.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 6.7%.
Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: ฿0.021 (vs ฿0.003 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.021 (up from ฿0.003 in 2Q 2022). Revenue: ฿182.7m (up 43% from 2Q 2022). Net income: ฿21.6m (up ฿18.8m from 2Q 2022). Profit margin: 12% (up from 2.3% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
New Risk • Jun 23New 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 6.4% 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: 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 (6.4% average weekly change). Market cap is less than US$100m (฿812.4m market cap, or US$23.3m).
Upcoming Dividend • Apr 18Upcoming dividend of ฿0.036 per share at 4.5% yieldEligible shareholders must have bought the stock before 25 April 2023. Payment date: 17 May 2023. Payout ratio is on the higher end at 98%, however this is supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (5.9%). Higher than average of industry peers (3.4%).
Reported Earnings • Feb 22Full year 2022 earnings released: EPS: ฿0.037 (vs ฿0.042 in FY 2021)Full year 2022 results: EPS: ฿0.037 (down from ฿0.042 in FY 2021). Revenue: ฿572.3m (up 25% from FY 2021). Net income: ฿39.0m (down 2.3% from FY 2021). Profit margin: 6.8% (down from 8.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: ฿0.008 (vs ฿0.007 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.008 (up from ฿0.007 in 3Q 2021). Revenue: ฿144.0m (up 39% from 3Q 2021). Net income: ฿7.96m (up 17% from 3Q 2021). Profit margin: 5.5% (down from 6.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Reported Earnings • May 16First quarter 2022 earnings released: EPS: ฿0.01 (vs ฿0.016 in 1Q 2021)First quarter 2022 results: EPS: ฿0.01 (down from ฿0.016 in 1Q 2021). Revenue: ฿137.7m (up 11% from 1Q 2021). Net income: ฿8.34m (down 43% from 1Q 2021). Profit margin: 6.1% (down from 12% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Apr 21Upcoming dividend of ฿0.04 per shareEligible shareholders must have bought the stock before 28 April 2022. Payment date: 20 May 2022. Payout ratio is on the higher end at 95%, however this is supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (5.1%). Lower than average of industry peers (5.6%).
Reported Earnings • Feb 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.042 (down from ฿0.05 in FY 2020). Revenue: ฿459.5m (up 9.6% from FY 2020). Net income: ฿39.9m (down 13% from FY 2020). Profit margin: 8.7% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS ฿0.007 (vs ฿0.01 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ฿103.4m (up 5.6% from 3Q 2020). Net income: ฿6.83m (down 25% from 3Q 2020). Profit margin: 6.6% (down from 9.2% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 27Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ฿1.02, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 19x in the Basic Materials industry in Thailand. Total returns to shareholders of 121% over the past three years.
Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improved over the past weekAfter last week's 30% share price gain to ฿1.27, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 18x in the Basic Materials industry in Thailand. Total returns to shareholders of 169% over the past three years.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿1.03, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 13x in the Basic Materials industry in Thailand. Total returns to shareholders of 128% over the past three years.
Reported Earnings • Aug 10Second quarter 2021 earnings released: EPS ฿0.014 (vs ฿0.009 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: ฿111.2m (up 18% from 2Q 2020). Net income: ฿9.10m (up 7.7% from 2Q 2020). Profit margin: 8.2% (down from 8.9% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Board Change • Jul 31High number of new directorsMD & Vice Chairman Rungsee Teepakronsukasam was the last director to join the board, commencing their role in 2021.
Executive Departure • Jun 03Chief Executive Officer, President & Director Pratheep Theepakornsukkasem has left the companyOn the 23rd of May, Pratheep Theepakornsukkasem's tenure as Chief Executive Officer, President & Director ended. Pratheep still personally held 19.22m shares (฿16m worth) as of March 2021. This is 2.1% of the company. Pratheep is the only executive to leave the company over the last 12 months.
Reported Earnings • May 09First quarter 2021 earnings released: EPS ฿0.032 (vs ฿0.014 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿123.9m (up 5.1% from 1Q 2020). Net income: ฿14.5m (up 16% from 1Q 2020). Profit margin: 12% (up from 11% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿1.94, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 18x in the Basic Materials industry in Thailand. Total returns to shareholders of 175% over the past three years.
Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improved over the past weekAfter last week's 19% share price gain to ฿1.60, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 18x in the Basic Materials industry in Thailand. Total returns to shareholders of 137% over the past three years.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improved over the past weekAfter last week's 15% share price gain to ฿1.28, the stock is trading at a trailing P/E ratio of 12.9x, up from the previous P/E ratio of 11.1x. This compares to an average P/E of 13x in the Basic Materials industry in Thailand. Total returns to shareholders over the past three years are 98%.
Is New 90 Day High Low • Mar 02New 90-day high: ฿1.15The company is up 13% from its price of ฿1.02 on 02 December 2020. The Thai market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 1.0% over the same period.
Reported Earnings • Feb 20Full year 2020 earnings released: EPS ฿0.10 (vs ฿0.096 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ฿419.2m (down 10% from FY 2019). Net income: ฿45.8m (up 3.6% from FY 2019). Profit margin: 11% (up from 9.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Feb 03New 90-day high: ฿1.08The company is up 5.0% from its price of ฿1.03 on 05 November 2020. The Thai market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 11% over the same period.
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS ฿0.025The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿97.9m (down 22% from 3Q 2019). Net income: ฿9.04m (down 39% from 3Q 2019). Profit margin: 9.2% (down from 12% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.