View Future GrowthSupreme Distribution 過去の業績過去 基準チェック /36Supreme Distributionは、平均年間6.5%の収益成長を遂げていますが、 IT業界の収益は、年間 成長しています。収益は、平均年間2.1% 3.4%収益成長率で 減少しています。 Supreme Distributionの自己資本利益率は15.9%であり、純利益率は10.3%です。主要情報6.46%収益成長率-24.17%EPS成長率IT 業界の成長12.71%収益成長率-3.41%株主資本利益率15.92%ネット・マージン10.27%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Feb 24Full year 2025 earnings released: EPS: ฿0.22 (vs ฿0.20 in FY 2024)Full year 2025 results: EPS: ฿0.22 (up from ฿0.20 in FY 2024). Revenue: ฿1.57b (up 80% from FY 2024). Net income: ฿161.0m (up 17% from FY 2024). Profit margin: 10% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ฿0.03 (vs ฿0.093 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.03 (down from ฿0.093 in 3Q 2024). Revenue: ฿177.2m (down 58% from 3Q 2024). Net income: ฿18.8m (down 73% from 3Q 2024). Profit margin: 11% (down from 17% in 3Q 2024). The decrease in margin was driven by lower revenue.Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: ฿0.04 (vs ฿0.042 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.04. Revenue: ฿256.3m (up 58% from 2Q 2024). Net income: ฿30.5m (up 5.6% from 2Q 2024). Profit margin: 12% (down from 18% in 2Q 2024). The decrease in margin was driven by higher expenses.Reported Earnings • May 09First quarter 2025 earnings released: EPS: ฿0.03 (vs ฿0.037 in 1Q 2024)First quarter 2025 results: EPS: ฿0.03. Revenue: ฿177.8m (up 28% from 1Q 2024). Net income: ฿21.8m (up 6.4% from 1Q 2024). Profit margin: 12% (down from 15% in 1Q 2024). The decrease in margin was driven by higher expenses.Reported Earnings • Feb 22Full year 2024 earnings: Revenues miss analyst expectationsFull year 2024 results: Revenue: ฿869.8m (down 32% from FY 2023). Net income: ฿137.1m (down 12% from FY 2023). Profit margin: 16% (up from 12% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 40%.Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: ฿0.04 (vs ฿0.14 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.04 (down from ฿0.14 in 2Q 2023). Revenue: ฿162.0m (down 71% from 2Q 2023). Net income: ฿28.9m (down 64% from 2Q 2023). Profit margin: 18% (up from 14% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 12% growth forecast for the IT industry in Thailand.すべての更新を表示Recent updatesUpcoming Dividend • Apr 21Upcoming dividend of ฿0.12 per shareEligible shareholders must have bought the stock before 28 April 2026. Payment date: 20 May 2026. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 7.2%. Lower than top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (5.4%).Buy Or Sell Opportunity • Apr 01Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to ฿1.60. The fair value is estimated to be ฿1.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has declined by 6.2%.Buy Or Sell Opportunity • Mar 12Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to ฿1.58. The fair value is estimated to be ฿1.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has declined by 6.2%.Reported Earnings • Feb 24Full year 2025 earnings released: EPS: ฿0.22 (vs ฿0.20 in FY 2024)Full year 2025 results: EPS: ฿0.22 (up from ฿0.20 in FY 2024). Revenue: ฿1.57b (up 80% from FY 2024). Net income: ฿161.0m (up 17% from FY 2024). Profit margin: 10% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses.Declared Dividend • Feb 23Dividend increased to ฿0.12Dividend of ฿0.12 is 9.1% higher than last year. Ex-date: 28th April 2026 Payment date: 20th May 2026 Dividend yield will be 7.3%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio) nor is it covered by cash flows (dividend approximately 9x free cash flows). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share declined by 25% over the last 5 years, which if continued should see the payout ratio increase to a potentially unsustainable range.お知らせ • Feb 21Supreme Distribution Public Company Limited announces Annual dividend, payable on May 20, 2026Supreme Distribution Public Company Limited announced Annual dividend of THB 0.1200 per share payable on May 20, 2026, ex-date on April 28, 2026 and record date on April 29, 2026.お知らせ • Feb 20Supreme Distribution Public Company Limited, Annual General Meeting, Apr 22, 2026Supreme Distribution Public Company Limited, Annual General Meeting, Apr 22, 2026, at 14:00 SE Asia Standard Time. Location: the hole in one meeting room, phothalai bangkok, 28 soi yothinphatthana 3, praditmanutham rd, khlongchan, bangkapi, 10240, bangkok ThailandNew Risk • Nov 19New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 91% Dividend per share is over 9x cash flows per share. Dividend yield: 7.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Dividend per share is over 9x cash flows per share. Minor Risk Market cap is less than US$100m (฿1.02b market cap, or US$31.5m).Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ฿0.03 (vs ฿0.093 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.03 (down from ฿0.093 in 3Q 2024). Revenue: ฿177.2m (down 58% from 3Q 2024). Net income: ฿18.8m (down 73% from 3Q 2024). Profit margin: 11% (down from 17% in 3Q 2024). The decrease in margin was driven by lower revenue.Buy Or Sell Opportunity • Nov 04Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.4% to ฿1.42. The fair value is estimated to be ฿1.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last year. Earnings per share has grown by 7.4%.Buy Or Sell Opportunity • Sep 08Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.0% to ฿1.42. The fair value is estimated to be ฿1.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last year. Earnings per share has grown by 7.4%.Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: ฿0.04 (vs ฿0.042 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.04. Revenue: ฿256.3m (up 58% from 2Q 2024). Net income: ฿30.5m (up 5.6% from 2Q 2024). Profit margin: 12% (down from 18% in 2Q 2024). The decrease in margin was driven by higher expenses.Reported Earnings • May 09First quarter 2025 earnings released: EPS: ฿0.03 (vs ฿0.037 in 1Q 2024)First quarter 2025 results: EPS: ฿0.03. Revenue: ฿177.8m (up 28% from 1Q 2024). Net income: ฿21.8m (up 6.4% from 1Q 2024). Profit margin: 12% (down from 15% in 1Q 2024). The decrease in margin was driven by higher expenses.お知らせ • Apr 25Supreme Distribution Public Company Limited Approves Dividend for the Period from January 1, 2024 to December 31,2024Supreme Distribution Public Company Limited approved the payment of cash dividends from the Company's operating results for the 12- month period from January 1, 2024, to December 31, 2024, to shareholders. This payment will amount to not exceeding THB 81,400,000 at a rate of THB 0.11 per share, representing 59.36% of the net profit for 2024, in accordance with the Company's dividend payment policy.New Risk • Feb 24New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 7.4% 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: Major Risks Revenue has declined by 32% over the past year. High level of non-cash earnings (76% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (฿1.07b market cap, or US$32.1m).Reported Earnings • Feb 22Full year 2024 earnings: Revenues miss analyst expectationsFull year 2024 results: Revenue: ฿869.8m (down 32% from FY 2023). Net income: ฿137.1m (down 12% from FY 2023). Profit margin: 16% (up from 12% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 40%.お知らせ • Feb 21Supreme Distribution Public Company Limited Proposes Dividend Payment for 12-month period from 1 January 2024 to 31 December 2024, Payable on 23 May 2025Supreme Distribution Public Company Limited at its board meeting held on February 20, 2025, agreed to propose dividend payment for the year 2024 to the 2025 Annual General Meeting of Shareholders for approval as follows: The dividend payment for 12-month period from 1 January 2024 to 31 December 2024 to shareholders is determined to be not exceed THB 81,400,000, at the rate of THB 0.11 per share. Such dividend payment equals to 59.36% of net profit for the year 2024 which in accordance with the Company's dividend payment policy. Dividend payment details are as follows. Determination of shareholders who own the shares to receive the dividend (Record Date): 7 May 2025. Determination of dividend payment to shareholders: 23 May 2025. However, the right to receive such dividends is subject to the approval of the 2025 Annual General Meeting of Shareholders to be held on 24 April 2025.New Risk • Dec 13New 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 9.2% 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 Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). High level of non-cash earnings (67% accrual ratio). Minor Risk Market cap is less than US$100m (฿1.32b market cap, or US$38.9m).Valuation Update With 7 Day Price Move • Nov 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿1.70, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the IT industry in Thailand.Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: ฿0.04 (vs ฿0.14 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.04 (down from ฿0.14 in 2Q 2023). Revenue: ฿162.0m (down 71% from 2Q 2023). Net income: ฿28.9m (down 64% from 2Q 2023). Profit margin: 18% (up from 14% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 12% growth forecast for the IT industry in Thailand.Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿2.00, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 11x in the IT industry in Thailand.Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿1.57, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 12x in the IT industry in Thailand.Buy Or Sell Opportunity • Jun 12Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at ฿1.45. The fair value is estimated to be ฿1.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 40% over the last year. Earnings per share has declined by 12%.お知らせ • May 15Supreme Distribution Public Company Limited Announces Executive ChangesSupreme Distribution Public Company Limited informed that Mr. Panupong Khantamoleekul leave from Acting as Chief Marketing Officer, effective from 14 May 2024, onwards. The Company has appointed Mr. Supphavit Khantamoleekul as the Chief Marketing Officer and Member of the Executive Committee, effective from 14 May 2024, onwards.New Risk • May 11New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended March 2023. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2023 fiscal period end). Shares are highly illiquid. Minor Risk Market cap is less than US$100m (฿1.47b market cap, or US$39.9m).お知らせ • May 02Supreme Distribution Public Company Limited has completed an IPO in the amount of THB 520 million.Supreme Distribution Public Company Limited has completed an IPO in the amount of THB 520 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 40,000,000 Price\Range: THB 2.6 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 160,000,000 Price\Range: THB 2.6 Transaction Features: Reserved Share Offering収支内訳Supreme Distribution の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史SET:SPREME 収益、費用、利益 ( )THB Millions日付収益収益G+A経費研究開発費31 Dec 251,567161108030 Sep 2576190103030 Jun 251,003140105031 Mar 25909138109031 Dec 24870137109030 Sep 24983152111030 Jun 24833104111031 Mar 2484998111031 Dec 231,276157113031 Mar 231,417110110031 Dec 221,03899106031 Dec 21903112950質の高い収益: SPREME 非現金収入 のレベルが高いです。利益率の向上: SPREMEの現在の純利益率 (10.3%)は、昨年(15.8%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: SPREMEの収益は過去 5 年間で年間6.5%増加しました。成長の加速: SPREMEの過去 1 年間の収益成長率 ( 17.4% ) は、5 年間の平均 ( 年間6.5%を上回っています。収益対業界: SPREMEの過去 1 年間の収益成長率 ( 17.4% ) はIT業界-0.1%を上回りました。株主資本利益率高いROE: SPREMEの 自己資本利益率 ( 15.9% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health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2026/05/18 09:48終値2026/05/15 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Supreme Distribution 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Supachai WattanavitheskulYuanta Securities (Thailand) Company Limited
Reported Earnings • Feb 24Full year 2025 earnings released: EPS: ฿0.22 (vs ฿0.20 in FY 2024)Full year 2025 results: EPS: ฿0.22 (up from ฿0.20 in FY 2024). Revenue: ฿1.57b (up 80% from FY 2024). Net income: ฿161.0m (up 17% from FY 2024). Profit margin: 10% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ฿0.03 (vs ฿0.093 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.03 (down from ฿0.093 in 3Q 2024). Revenue: ฿177.2m (down 58% from 3Q 2024). Net income: ฿18.8m (down 73% from 3Q 2024). Profit margin: 11% (down from 17% in 3Q 2024). The decrease in margin was driven by lower revenue.
Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: ฿0.04 (vs ฿0.042 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.04. Revenue: ฿256.3m (up 58% from 2Q 2024). Net income: ฿30.5m (up 5.6% from 2Q 2024). Profit margin: 12% (down from 18% in 2Q 2024). The decrease in margin was driven by higher expenses.
Reported Earnings • May 09First quarter 2025 earnings released: EPS: ฿0.03 (vs ฿0.037 in 1Q 2024)First quarter 2025 results: EPS: ฿0.03. Revenue: ฿177.8m (up 28% from 1Q 2024). Net income: ฿21.8m (up 6.4% from 1Q 2024). Profit margin: 12% (down from 15% in 1Q 2024). The decrease in margin was driven by higher expenses.
Reported Earnings • Feb 22Full year 2024 earnings: Revenues miss analyst expectationsFull year 2024 results: Revenue: ฿869.8m (down 32% from FY 2023). Net income: ฿137.1m (down 12% from FY 2023). Profit margin: 16% (up from 12% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 40%.
Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: ฿0.04 (vs ฿0.14 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.04 (down from ฿0.14 in 2Q 2023). Revenue: ฿162.0m (down 71% from 2Q 2023). Net income: ฿28.9m (down 64% from 2Q 2023). Profit margin: 18% (up from 14% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 12% growth forecast for the IT industry in Thailand.
Upcoming Dividend • Apr 21Upcoming dividend of ฿0.12 per shareEligible shareholders must have bought the stock before 28 April 2026. Payment date: 20 May 2026. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 7.2%. Lower than top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (5.4%).
Buy Or Sell Opportunity • Apr 01Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to ฿1.60. The fair value is estimated to be ฿1.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has declined by 6.2%.
Buy Or Sell Opportunity • Mar 12Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to ฿1.58. The fair value is estimated to be ฿1.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has declined by 6.2%.
Reported Earnings • Feb 24Full year 2025 earnings released: EPS: ฿0.22 (vs ฿0.20 in FY 2024)Full year 2025 results: EPS: ฿0.22 (up from ฿0.20 in FY 2024). Revenue: ฿1.57b (up 80% from FY 2024). Net income: ฿161.0m (up 17% from FY 2024). Profit margin: 10% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses.
Declared Dividend • Feb 23Dividend increased to ฿0.12Dividend of ฿0.12 is 9.1% higher than last year. Ex-date: 28th April 2026 Payment date: 20th May 2026 Dividend yield will be 7.3%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio) nor is it covered by cash flows (dividend approximately 9x free cash flows). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share declined by 25% over the last 5 years, which if continued should see the payout ratio increase to a potentially unsustainable range.
お知らせ • Feb 21Supreme Distribution Public Company Limited announces Annual dividend, payable on May 20, 2026Supreme Distribution Public Company Limited announced Annual dividend of THB 0.1200 per share payable on May 20, 2026, ex-date on April 28, 2026 and record date on April 29, 2026.
お知らせ • Feb 20Supreme Distribution Public Company Limited, Annual General Meeting, Apr 22, 2026Supreme Distribution Public Company Limited, Annual General Meeting, Apr 22, 2026, at 14:00 SE Asia Standard Time. Location: the hole in one meeting room, phothalai bangkok, 28 soi yothinphatthana 3, praditmanutham rd, khlongchan, bangkapi, 10240, bangkok Thailand
New Risk • Nov 19New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 91% Dividend per share is over 9x cash flows per share. Dividend yield: 7.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Dividend per share is over 9x cash flows per share. Minor Risk Market cap is less than US$100m (฿1.02b market cap, or US$31.5m).
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ฿0.03 (vs ฿0.093 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.03 (down from ฿0.093 in 3Q 2024). Revenue: ฿177.2m (down 58% from 3Q 2024). Net income: ฿18.8m (down 73% from 3Q 2024). Profit margin: 11% (down from 17% in 3Q 2024). The decrease in margin was driven by lower revenue.
Buy Or Sell Opportunity • Nov 04Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.4% to ฿1.42. The fair value is estimated to be ฿1.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last year. Earnings per share has grown by 7.4%.
Buy Or Sell Opportunity • Sep 08Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.0% to ฿1.42. The fair value is estimated to be ฿1.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last year. Earnings per share has grown by 7.4%.
Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: ฿0.04 (vs ฿0.042 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.04. Revenue: ฿256.3m (up 58% from 2Q 2024). Net income: ฿30.5m (up 5.6% from 2Q 2024). Profit margin: 12% (down from 18% in 2Q 2024). The decrease in margin was driven by higher expenses.
Reported Earnings • May 09First quarter 2025 earnings released: EPS: ฿0.03 (vs ฿0.037 in 1Q 2024)First quarter 2025 results: EPS: ฿0.03. Revenue: ฿177.8m (up 28% from 1Q 2024). Net income: ฿21.8m (up 6.4% from 1Q 2024). Profit margin: 12% (down from 15% in 1Q 2024). The decrease in margin was driven by higher expenses.
お知らせ • Apr 25Supreme Distribution Public Company Limited Approves Dividend for the Period from January 1, 2024 to December 31,2024Supreme Distribution Public Company Limited approved the payment of cash dividends from the Company's operating results for the 12- month period from January 1, 2024, to December 31, 2024, to shareholders. This payment will amount to not exceeding THB 81,400,000 at a rate of THB 0.11 per share, representing 59.36% of the net profit for 2024, in accordance with the Company's dividend payment policy.
New Risk • Feb 24New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 7.4% 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: Major Risks Revenue has declined by 32% over the past year. High level of non-cash earnings (76% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (฿1.07b market cap, or US$32.1m).
Reported Earnings • Feb 22Full year 2024 earnings: Revenues miss analyst expectationsFull year 2024 results: Revenue: ฿869.8m (down 32% from FY 2023). Net income: ฿137.1m (down 12% from FY 2023). Profit margin: 16% (up from 12% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 40%.
お知らせ • Feb 21Supreme Distribution Public Company Limited Proposes Dividend Payment for 12-month period from 1 January 2024 to 31 December 2024, Payable on 23 May 2025Supreme Distribution Public Company Limited at its board meeting held on February 20, 2025, agreed to propose dividend payment for the year 2024 to the 2025 Annual General Meeting of Shareholders for approval as follows: The dividend payment for 12-month period from 1 January 2024 to 31 December 2024 to shareholders is determined to be not exceed THB 81,400,000, at the rate of THB 0.11 per share. Such dividend payment equals to 59.36% of net profit for the year 2024 which in accordance with the Company's dividend payment policy. Dividend payment details are as follows. Determination of shareholders who own the shares to receive the dividend (Record Date): 7 May 2025. Determination of dividend payment to shareholders: 23 May 2025. However, the right to receive such dividends is subject to the approval of the 2025 Annual General Meeting of Shareholders to be held on 24 April 2025.
New Risk • Dec 13New 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 9.2% 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 Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). High level of non-cash earnings (67% accrual ratio). Minor Risk Market cap is less than US$100m (฿1.32b market cap, or US$38.9m).
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿1.70, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the IT industry in Thailand.
Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: ฿0.04 (vs ฿0.14 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.04 (down from ฿0.14 in 2Q 2023). Revenue: ฿162.0m (down 71% from 2Q 2023). Net income: ฿28.9m (down 64% from 2Q 2023). Profit margin: 18% (up from 14% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 12% growth forecast for the IT industry in Thailand.
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿2.00, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 11x in the IT industry in Thailand.
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿1.57, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 12x in the IT industry in Thailand.
Buy Or Sell Opportunity • Jun 12Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at ฿1.45. The fair value is estimated to be ฿1.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 40% over the last year. Earnings per share has declined by 12%.
お知らせ • May 15Supreme Distribution Public Company Limited Announces Executive ChangesSupreme Distribution Public Company Limited informed that Mr. Panupong Khantamoleekul leave from Acting as Chief Marketing Officer, effective from 14 May 2024, onwards. The Company has appointed Mr. Supphavit Khantamoleekul as the Chief Marketing Officer and Member of the Executive Committee, effective from 14 May 2024, onwards.
New Risk • May 11New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended March 2023. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2023 fiscal period end). Shares are highly illiquid. Minor Risk Market cap is less than US$100m (฿1.47b market cap, or US$39.9m).
お知らせ • May 02Supreme Distribution Public Company Limited has completed an IPO in the amount of THB 520 million.Supreme Distribution Public Company Limited has completed an IPO in the amount of THB 520 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 40,000,000 Price\Range: THB 2.6 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 160,000,000 Price\Range: THB 2.6 Transaction Features: Reserved Share Offering