Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ฿5.15, the stock trades at a trailing P/E ratio of 44.6x. Average forward P/E is 13x in the Media industry in Thailand. Total returns to shareholders of 8.6% over the past year. Reported Earnings • May 16
First quarter 2026 earnings released: ฿0.033 loss per share (vs ฿0.014 profit in 1Q 2025) First quarter 2026 results: ฿0.033 loss per share (down from ฿0.014 profit in 1Q 2025). Revenue: ฿52.3m (up 6.5% from 1Q 2025). Net loss: ฿6.70m (down 407% from profit in 1Q 2025). お知らせ • May 07
LTMH Public Company Limited to Report Q1, 2026 Results on May 12, 2026 LTMH Public Company Limited announced that they will report Q1, 2026 results After-Market on May 12, 2026 お知らせ • Apr 22
LTMH Public Company Limited Announces Board Changes LTMH Public Company Limited approved the appointment of Ms. Piyawan Leelasompop as an Independent Director of the Company to replace Mr. Pinijsorn Luechaikajohnpan, a director who expressed his intention not to seek re-election for another term, at the AGM held on April 21, 2026. お知らせ • Feb 20
LTMH Public Company Limited Announces Director Changes LTMH Public Company Limited announced that Mr. Palin Lojanagosin resigned as director, effective February 16, 2026, Mr. Pinijsorn Luechaikajohnpan's term as director will expire on April 21, 2026 due to non-renewal of term. The company also approved the appointment of Mr. Verapong Tam as independent director effective February 17, 2026 to fill the vacancy for the remainder of the term. New Risk • Feb 20
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 107% Dividend yield: 3.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (107% cash payout ratio). Market cap is less than US$100m (฿900.0m market cap, or US$28.8m). Reported Earnings • Feb 19
Full year 2025 earnings released: EPS: ฿0.16 (vs ฿0.24 in FY 2024) Full year 2025 results: EPS: ฿0.16 (down from ฿0.24 in FY 2024). Revenue: ฿248.5m (up 7.2% from FY 2024). Net income: ฿31.9m (down 9.9% from FY 2024). Profit margin: 13% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. お知らせ • Feb 11
LTMH Public Company Limited to Report Fiscal Year 2025 Results on Feb 17, 2026 LTMH Public Company Limited announced that they will report fiscal year 2025 results After-Market on Feb 17, 2026 Reported Earnings • Nov 12
Third quarter 2025 earnings released: EPS: ฿0.04 (vs ฿0.11 in 3Q 2024) Third quarter 2025 results: EPS: ฿0.04 (down from ฿0.11 in 3Q 2024). Revenue: ฿60.0m (down 13% from 3Q 2024). Net income: ฿7.98m (down 50% from 3Q 2024). Profit margin: 13% (down from 23% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Media industry in Asia. お知らせ • Oct 27
LTMH Public Company Limited to Report Q3, 2025 Results on Nov 11, 2025 LTMH Public Company Limited announced that they will report Q3, 2025 results After-Market on Nov 11, 2025 Reported Earnings • Aug 08
Second quarter 2025 earnings released: EPS: ฿0.039 (vs ฿0.036 in 2Q 2024) Second quarter 2025 results: EPS: ฿0.039 (up from ฿0.036 in 2Q 2024). Revenue: ฿55.4m (up 7.6% from 2Q 2024). Net income: ฿7.86m (up 44% from 2Q 2024). Profit margin: 14% (up from 11% in 2Q 2024). The increase in margin was driven by higher revenue. お知らせ • Jul 06
LTMH Public Company Limited to Report Q2, 2025 Results on Aug 07, 2025 LTMH Public Company Limited announced that they will report Q2, 2025 results After-Market on Aug 07, 2025 Reported Earnings • May 14
First quarter 2025 earnings released: EPS: ฿0.014 (vs ฿0.012 loss in 1Q 2024) First quarter 2025 results: EPS: ฿0.014 (up from ฿0.012 loss in 1Q 2024). Revenue: ฿49.1m (up 12% from 1Q 2024). Net income: ฿2.19m (up ฿4.01m from 1Q 2024). Profit margin: 4.5% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Buy Or Sell Opportunity • May 09
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at ฿4.80. The fair value is estimated to be ฿3.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 196%. お知らせ • May 07
LTMH Public Company Limited to Report Q1, 2025 Results on May 13, 2025 LTMH Public Company Limited announced that they will report Q1, 2025 results on May 13, 2025 Buy Or Sell Opportunity • Apr 19
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at ฿4.82. The fair value is estimated to be ฿3.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 196%. Board Change • Apr 04
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Chairman Thanwa Laohasiriwong was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.