View Financial HealthDitto (Thailand) 配当と自社株買い配当金 基準チェック /26Ditto (Thailand)は配当を支払う会社で、現在の利回りは4.95%ですが、利益によって十分にカバーされています。次の支払い日は 21st May, 2026で、権利落ち日は6th May, 2026 。主要情報5.0%配当利回り0%バイバック利回り総株主利回り5.0%将来の配当利回り5.0%配当成長32.4%次回配当支払日21 May 26配当落ち日06 May 26一株当たり配当金n/a配当性向58%最近の配当と自社株買いの更新Upcoming Dividend • Apr 29Upcoming dividend of ฿0.25 per shareEligible shareholders must have bought the stock before 06 May 2026. Payment date: 21 May 2026. Payout ratio is a comfortable 58% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (0.4%).Declared Dividend • Mar 02Final dividend of ฿0.25 announcedDividend of ฿0.25 is the same as last year. Ex-date: 6th March 2026 Payment date: 21st May 2026 Dividend yield will be 4.0%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (103% cash payout ratio). The dividend has increased by an average of 184% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Aug 20Upcoming dividend of ฿0.25 per shareEligible shareholders must have bought the stock before 27 August 2025. Payment date: 12 September 2025. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Thai dividend payers (8.0%). Higher than average of industry peers (0.6%).お知らせ • Apr 26Ditto (Thailand) Public Company Limited Approved Dividend for the Year Ended 31 December 2024Ditto (Thailand) Public Company Limited at its AGM held on 25 April 2025, resolved to approve the allocation of profit as legal reserve and dividend payment in the form of cash dividend from the performance for the year 2024. The dividend payment for the fiscal year 2024 performance from 1 January 2024 to 31 December 2024 in the form of cash dividend at the rate of THB 0.25 per share or not exceeding THB 173,478,399.50.Declared Dividend • Mar 01Dividend of ฿0.25 announcedDividend of ฿0.25 is the same as last year. Ex-date: 13th March 2025 Payment date: 23rd May 2025 Dividend yield will be 2.4%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (39% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 219% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 41% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 27+ 1 more updateDitto (Thailand) Public Company Limited Proposes Dividend for the Fiscal Year 2024 from 1 January 2024 to 31 December 2024, Payable on 23 May 2025Ditto (Thailand) Public Company Limited at the Board of Directors' Meeting No. held on 26 February 2025 approved the proposal to the 2025 Annual General Meeting of Shareholders to consider and approve the allocation of profit as legal reserve and dividend payment in the form of cash dividend from the performance of the year 2024 from 1 January 2024 to 31 December 2024 with following details: The dividend payment for the fiscal year 2024 performance from 1 January 2024 to 31 December 2024 in the form of cash dividend at the rate of THB 0.25 per share or not exceeding THB 173,478,399.50. In this regard, all dividends shall be deducted to accommodate withholding tax at the rate determined by the laws. The Company has set the record date of shareholders who are entitled to receive the dividend on 14 March 2025, and 23 May 2025 as the dividend payment date. Ex-dividend date is 13-Mar-2025. However, the right to receive dividend is subject to the approval by the Annual General Meeting of Shareholders for the year 2025 to be held on 25 April 2025.すべての更新を表示Recent updatesUpcoming Dividend • Apr 29Upcoming dividend of ฿0.25 per shareEligible shareholders must have bought the stock before 06 May 2026. Payment date: 21 May 2026. Payout ratio is a comfortable 58% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (0.4%).Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿11.00, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 11x in the Electronic industry in Thailand. Total loss to shareholders of 71% over the past three years.New Risk • Mar 04New 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 Dividend is not well covered by cash flows (103% cash payout ratio). Share price has been volatile over the past 3 months (6.4% average weekly change).Declared Dividend • Mar 02Final dividend of ฿0.25 announcedDividend of ฿0.25 is the same as last year. Ex-date: 6th March 2026 Payment date: 21st May 2026 Dividend yield will be 4.0%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (103% cash payout ratio). The dividend has increased by an average of 184% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 29% 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 26Ditto (Thailand) Public Company Limited, Annual General Meeting, Apr 28, 2026Ditto (Thailand) Public Company Limited, Annual General Meeting, Apr 28, 2026, at 14:00 SE Asia Standard Time.Buy Or Sell Opportunity • Feb 26Now 21% undervaluedOver the last 90 days, the stock has risen 21% to ฿13.30. The fair value is estimated to be ฿16.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 26%.Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿13.20, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 13x in the Electronic industry in Thailand. Total loss to shareholders of 62% over the past three years.New Risk • Nov 20New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 95% Dividend yield: 4.4% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ฿0.26 (vs ฿0.20 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.26 (up from ฿0.20 in 3Q 2024). Revenue: ฿926.3m (up 55% from 3Q 2024). Net income: ฿176.8m (up 28% from 3Q 2024). Profit margin: 19% (down from 23% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings.New Risk • Oct 03New 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 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change).Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿14.00, the stock trades at a trailing P/E ratio of 17.9x. Average forward P/E is 13x in the Electronic industry in Thailand. Total loss to shareholders of 71% over the past three years.Upcoming Dividend • Aug 20Upcoming dividend of ฿0.25 per shareEligible shareholders must have bought the stock before 27 August 2025. Payment date: 12 September 2025. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Thai dividend payers (8.0%). Higher than average of industry peers (0.6%).Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿0.24 (vs ฿0.18 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.24 (up from ฿0.18 in 2Q 2024). Revenue: ฿759.9m (up 49% from 2Q 2024). Net income: ฿168.2m (up 34% from 2Q 2024). Profit margin: 22% (down from 25% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.21 (vs ฿0.15 in 1Q 2024)First quarter 2025 results: EPS: ฿0.21 (up from ฿0.15 in 1Q 2024). Revenue: ฿745.3m (up 3.9% from 1Q 2024). Net income: ฿146.4m (up 40% from 1Q 2024). Profit margin: 20% (up from 15% in 1Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings.お知らせ • Apr 26Ditto (Thailand) Public Company Limited Approved Dividend for the Year Ended 31 December 2024Ditto (Thailand) Public Company Limited at its AGM held on 25 April 2025, resolved to approve the allocation of profit as legal reserve and dividend payment in the form of cash dividend from the performance for the year 2024. The dividend payment for the fiscal year 2024 performance from 1 January 2024 to 31 December 2024 in the form of cash dividend at the rate of THB 0.25 per share or not exceeding THB 173,478,399.50.Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿11.90, the stock trades at a trailing P/E ratio of 18x. Average forward P/E is 13x in the Electronic industry in Thailand. Total loss to shareholders of 83% over the past three years.Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ฿11.90, the stock trades at a trailing P/E ratio of 18x. Average forward P/E is 13x in the Electronic industry in Thailand. Total loss to shareholders of 74% over the past three years.Declared Dividend • Mar 01Dividend of ฿0.25 announcedDividend of ฿0.25 is the same as last year. Ex-date: 13th March 2025 Payment date: 23rd May 2025 Dividend yield will be 2.4%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (39% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 219% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 41% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 27+ 1 more updateDitto (Thailand) Public Company Limited Proposes Dividend for the Fiscal Year 2024 from 1 January 2024 to 31 December 2024, Payable on 23 May 2025Ditto (Thailand) Public Company Limited at the Board of Directors' Meeting No. held on 26 February 2025 approved the proposal to the 2025 Annual General Meeting of Shareholders to consider and approve the allocation of profit as legal reserve and dividend payment in the form of cash dividend from the performance of the year 2024 from 1 January 2024 to 31 December 2024 with following details: The dividend payment for the fiscal year 2024 performance from 1 January 2024 to 31 December 2024 in the form of cash dividend at the rate of THB 0.25 per share or not exceeding THB 173,478,399.50. In this regard, all dividends shall be deducted to accommodate withholding tax at the rate determined by the laws. The Company has set the record date of shareholders who are entitled to receive the dividend on 14 March 2025, and 23 May 2025 as the dividend payment date. Ex-dividend date is 13-Mar-2025. However, the right to receive dividend is subject to the approval by the Annual General Meeting of Shareholders for the year 2025 to be held on 25 April 2025.Reported Earnings • Feb 27Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ฿0.67 (up from ฿0.52 in FY 2023). Revenue: ฿2.43b (up 34% from FY 2023). Net income: ฿458.3m (up 37% from FY 2023). Profit margin: 19% (in line with FY 2023). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 2.2%. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Dec 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to ฿15.80. The fair value is estimated to be ฿19.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 73% in 2 years. Earnings are forecast to grow by 72% in the next 2 years.Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿18.10, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 13x in the Electronic industry in Thailand. Total returns to shareholders of 53% over the past three years.Buy Or Sell Opportunity • Nov 28Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to ฿15.60. The fair value is estimated to be ฿19.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 73% in 2 years. Earnings are forecast to grow by 72% in the next 2 years.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ฿16.40, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Electronic industry in Thailand. Total returns to shareholders of 36% over the past three years.Valuation Update With 7 Day Price Move • Aug 20Investor sentiment improves as stock rises 32%After last week's 32% share price gain to ฿16.10, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Electronic industry in Thailand. Total returns to shareholders of 43% over the past three years.New Risk • Aug 15New 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 Risk Shareholders have been diluted in the past year (5.0% increase in shares outstanding).Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.18 (vs ฿0.14 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.18 (up from ฿0.14 in 2Q 2023). Revenue: ฿511.6m (up 16% from 2Q 2023). Net income: ฿125.4m (up 36% from 2Q 2023). Profit margin: 25% (up from 21% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Jul 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 31% to ฿13.80. The fair value is estimated to be ฿17.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 64% in 2 years. Earnings are forecast to grow by 89% in the next 2 years.Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ฿16.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Electronic industry in Thailand. Total returns to shareholders of 46% over the past three years.Buy Or Sell Opportunity • Jul 02Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 39% to ฿13.40. The fair value is estimated to be ฿17.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 64% in 2 years. Earnings are forecast to grow by 89% in the next 2 years.Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.15 (vs ฿0.13 in 1Q 2023)First quarter 2024 results: EPS: ฿0.15 (up from ฿0.13 in 1Q 2023). Revenue: ฿717.4m (up 73% from 1Q 2023). Net income: ฿104.6m (up 29% from 1Q 2023). Profit margin: 15% (down from 20% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 27Ditto (Thailand) Public Company Limited Appoints Pichit Viwatrujirapong as New Member of the Board of DirectorsDitto (Thailand) Public Company Limited at its AGM, held on April 25, 2024, approved the appointment of Mr. Pichit Viwatrujirapong as new member of the Board of Directors.Buy Or Sell Opportunity • Apr 22Now 21% overvaluedOver the last 90 days, the stock has fallen 27% to ฿20.50. The fair value is estimated to be ฿16.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 92% in 2 years. Earnings are forecast to grow by 93% in the next 2 years.Upcoming Dividend • Mar 06Upcoming dividend of ฿0.25 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Thai dividend payers (6.3%). In line with average of industry peers (1.2%).Declared Dividend • Feb 29Dividend increased to ฿0.25Dividend of ฿0.25 is 2,150% higher than last year. Ex-date: 13th March 2024 Payment date: 15th May 2024 Dividend yield will be 1.0%, which is about the same as the industry average. Payout Ratios Payout ratio: 48%. Cash payout ratio: Approximately 7x free cash flows.Reported Earnings • Feb 28Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: ฿0.52 (up from ฿0.40 in FY 2022). Revenue: ฿1.82b (up 47% from FY 2022). Net income: ฿335.1m (up 43% from FY 2022). Profit margin: 18% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.5%. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Thailand.お知らせ • Feb 28Ditto (Thailand) Public Company Limited Proposes Dividend for the Period from 1 January 2023 to 31 December 2023, Payable on 15 May 2024Ditto (Thailand) Public Company Limited proposed at its AGM to be held on 25 April 2024 dividend of THB 0. 25 per share or not exceeding THB 173,478,399.50, for the fiscal year 2023 performance from 1 January 2023 to 31 December 2023. In this regard, all dividends shall be deducted to accommodate withholding tax at the rate determined by the laws. The Company has set the record date of shareholders who are entitled to receive the dividend on 14 March 2024, and 15 May 2024 as the dividend payment date.お知らせ • Feb 27Ditto (Thailand) Public Company Limited, Annual General Meeting, Apr 25, 2024Ditto (Thailand) Public Company Limited, Annual General Meeting, Apr 25, 2024, at 13:30 SE Asia Standard Time. Agenda: To Consider and approve the Minutes of the Extraordinary General Meeting No. 1/2024; to consider the acknowledgement of the Company's performance for the year 2023; to Consider and approve the Company's financial statement for the year ended 31 December 2023; to Consider and approve the allocation of profit as legal reserve and dividend payment in the form of cash dividend from the performance for the year 2023; to Consider and approve the Company remuneration for the Chairman of the Board of Directors, Directors, Chairman of the Audit Committee and Audit Committee for the year 2024; and to consider other matters.Major Estimate Revision • Jan 17Consensus revenue estimates increase by 16%The consensus outlook for revenues in fiscal year 2023 has improved. 2023 revenue forecast increased from ฿1.56b to ฿1.81b. EPS estimate increased from ฿0.48 to ฿0.49 per share. Net income forecast to grow 38% next year vs 9.7% growth forecast for Electronic industry in Thailand. Consensus price target of ฿45.00 unchanged from last update. Share price rose 3.6% to ฿28.50 over the past week.Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿27.75, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 18x in the Electronic industry in Thailand. Total loss to shareholders of 43% over the past year.Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿26.00, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 15x in the Electronic industry in Thailand. Total loss to shareholders of 56% over the past year.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: ฿0.15 (vs ฿0.11 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.15 (up from ฿0.11 in 3Q 2022). Revenue: ฿552.1m (up 91% from 3Q 2022). Net income: ฿96.6m (up 37% from 3Q 2022). Profit margin: 18% (down from 24% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand.お知らせ • Sep 08Ditto (Thailand) Public Company Limited Announces Executive ChangesDitto (Thailand) Public Company Limited and subsidiary company ("Company") announced the resolutions of the Board of Directors' Meeting No. 5/2023, held on 7 September 2023, which considered and approved the following matters as follow: Acknowledged the resignation from independent director and member of the Audit Committee of a director, Dr. Apiwathana Polsayom, which shall be effective from 7 September 2023 onwards; Approved the appointment of the new person, Professor Woothisarn Tanchai as Independent Director and member of the Audit Committee in replacement of the resigned director, Dr. Apiwathana Polsayom, which shall be effective from 7 September 2023 onwards; Acknowledged the resignation from Mr. Tawee Mee-ngern as Chairman of the Board of Director and still hold the position as Independent Director, member of the Audit Committee, and member of the Nomination and Remuneration Committee. The resignation shall be effective from 7 September 2023 onwards; Approved the appointment of Professor Woothisarn Tanchai as the Chairman of the Board of Directors in replacement of Mr. Tawee Mee-ngern which shall be effective from 7 September 2023 onwards. After the change of directors, the Board of Directors of the Company will be comprised of 9 directors as follows: Professor Woothisarn Tanchai Chairman of the Board of Directors /Independent Director /Member of the Audit Committee Mr. Wuth Meechouay Independent Director /Chairman of the Audit Committee /Chairman of the Nomination and Remuneration Committee Mr. Tawee Mee-ngern Independent Director /Member of the Audit Committee /Member of the Nomination and Remuneration Committee Mr. Narong Dechathanarujikorn Independent Director /Member of the Audit Committee Mr. Takorn Rattanakamolporn Director Mr. Chaithad Kulchokwanich Director /Member of the Nomination and Remuneration Committee Ms. Pondkarn Rattanakamolporn Director Mr. Chaiyut Eiadkaew Director Ms. Muttana Wicheankeawmanee Director.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.14 (vs ฿0.11 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.14 (up from ฿0.11 in 2Q 2022). Revenue: ฿442.3m (up 30% from 2Q 2022). Net income: ฿92.6m (up 47% from 2Q 2022). Profit margin: 21% (up from 19% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand.Valuation Update With 7 Day Price Move • Jun 21Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿30.00, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 14x in the Electronic industry in Thailand. Total loss to shareholders of 33% over the past year.New Risk • Jun 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risk Shareholders have been diluted in the past year (4.3% increase in shares outstanding).Major Estimate Revision • Jun 07Consensus EPS estimates increase by 13%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from ฿0.425 to ฿0.48. Revenue forecast unchanged at ฿1.56b. Net income forecast to grow 31% next year vs 13% growth forecast for Electronic industry in Thailand. Consensus price target up from ฿40.00 to ฿45.00. Share price rose 6.0% to ฿35.25 over the past week.Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿32.25, the stock trades at a forward P/E ratio of 71x. Average forward P/E is 14x in the Electronic industry in Thailand. Total loss to shareholders of 37% over the past year.Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.15 (vs ฿0.093 in 1Q 2022)First quarter 2023 results: EPS: ฿0.15 (up from ฿0.093 in 1Q 2022). Revenue: ฿415.3m (up 30% from 1Q 2022). Net income: ฿80.8m (up 38% from 1Q 2022). Profit margin: 20% (up from 18% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand.お知らせ • May 17Ditto (Thailand) Public Company Limited Announces Changes in Chief Marketing OfficerDitto (Thailand) Public Company Limited announced the resolution of the board of director's meeting of the company no. 2/2023 held on 12 May 2023 to the organization restructuring and the changes in executives' positions and the appointment of the new executives. The company announced changes in Chief Marketing Officer from Ms. Muttana Wicheankaewmanee to Mr. Prasong Sudampan, effective since 12 May 2023 onward.Valuation Update With 7 Day Price Move • Apr 24Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿28.75, the stock trades at a forward P/E ratio of 68x. Average forward P/E is 15x in the Electronic industry in Thailand. Total loss to shareholders of 61% over the past year.Upcoming Dividend • Mar 07Upcoming dividend of ฿0.011 per shareEligible shareholders must have bought the stock before 13 March 2023. Payment date: 22 May 2023. Payout ratio is a comfortable 1.7% and this is well supported by cash flows. The company last paid an ordinary dividend in February 2022. The average dividend yield among industry peers is 0.9%.Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: ฿0.13 (vs ฿0.093 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.13 (up from ฿0.093 in 3Q 2021). Revenue: ฿289.3m (down 14% from 3Q 2021). Net income: ฿70.5m (up 44% from 3Q 2021). Profit margin: 24% (up from 14% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 29% growth forecast for the IT industry in Thailand.Price Target Changed • Nov 16Price target increased to ฿62.00Up from ฿34.00, the current price target is an average from 2 analysts. New target price is 15% below last closing price of ฿73.00. Stock is up 389% over the past year. The company is forecast to post earnings per share of ฿0.45 for next year compared to ฿0.40 last year.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Price Target Changed • Oct 08Price target increased to ฿62.00Up from ฿34.00, the current price target is an average from 2 analysts. New target price is 14% below last closing price of ฿72.00. Stock is up 394% over the past year. The company is forecast to post earnings per share of ฿0.43 for next year compared to ฿0.40 last year.Price Target Changed • Aug 19Price target increased to ฿52.00Up from ฿34.00, the current price target is an average from 2 analysts. New target price is 11% below last closing price of ฿58.75. Stock is up 330% over the past year. The company is forecast to post earnings per share of ฿0.44 for next year compared to ฿0.40 last year.Reported Earnings • Aug 17Second quarter 2022 earnings released: EPS: ฿0.065 (vs ฿0.077 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.065. Revenue: ฿339.8m (up 33% from 2Q 2021). Net income: ฿63.0m (up 64% from 2Q 2021). Profit margin: 19% (up from 15% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 24%, compared to a 42% growth forecast for the IT industry in Thailand.Price Target Changed • Jul 16Price target decreased to ฿27.17Down from ฿32.89, the current price target is an average from 3 analysts. New target price is 44% below last closing price of ฿48.75. Stock is up 255% over the past year. The company is forecast to post earnings per share of ฿0.51 for next year compared to ฿0.40 last year.Reported Earnings • May 16First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: ฿0.13 (up from ฿0.096 in 1Q 2021). Revenue: ฿319.8m (up 24% from 1Q 2021). Net income: ฿58.6m (up 42% from 1Q 2021). Profit margin: 18% (up from 16% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 27%. Over the next year, revenue is forecast to grow 26%, compared to a 21% growth forecast for the industry in Thailand.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿35.63, the stock trades at a forward P/E ratio of 71x. Average forward P/E is 40x in the IT industry in Thailand.Reported Earnings • Mar 02Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: ฿0.48 (up from ฿0.35 in FY 2020). Revenue: ฿1.09b (up 11% from FY 2020). Net income: ฿200.7m (up 76% from FY 2020). Profit margin: 18% (up from 12% in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 27%. Over the next year, revenue is forecast to grow 24%, compared to a 20% growth forecast for the industry in Thailand.Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to ฿26.50, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 49x in the IT industry in Thailand. Simply Wall St's valuation model estimates the intrinsic value at ฿14.68 per share.Valuation Update With 7 Day Price Move • Dec 27Investor sentiment improved over the past weekAfter last week's 26% share price gain to ฿22.50, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 42x in the IT industry in Thailand. Simply Wall St's valuation model estimates the intrinsic value at ฿14.41 per share.決済の安定と成長配当データの取得安定した配当: 配当金の支払いは安定していますが、 DITTOが配当金を支払っている期間は 10 年未満です。増加する配当: DITTOの配当金は増加していますが、同社は4年間しか配当金を支払っていません。配当利回り対市場Ditto (Thailand) 配当利回り対市場DITTO 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (DITTO)5.0%市場下位25% (TH)3.4%市場トップ25% (TH)7.5%業界平均 (Electronic)0.4%アナリスト予想 (DITTO) (最長3年)5.0%注目すべき配当: DITTOの配当金 ( 4.95% ) はTH市場の配当金支払者の下位 25% ( 3.42% ) よりも高くなっています。高配当: DITTOの配当金 ( 4.95% ) はTH市場の配当金支払者の上位 25% ( 7.52% ) と比較すると低いです。株主への利益配当収益カバレッジ: DITTOの配当金は、合理的な 配当性向 ( 57.9% ) により、利益によって賄われています。株主配当金キャッシュフローカバレッジ: DITTOは高い 現金配当性向 ( 102.6% ) のため、配当金の支払いはキャッシュフローで十分にカバーされていません。高配当企業の発掘7D1Y7D1Y7D1YTH 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 20:16終値2026/05/20 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Ditto (Thailand) 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。2 アナリスト機関Wikij TirawannaratBualuang Securities PCLRawisara SuwanumphaiFSS International Advisory
Upcoming Dividend • Apr 29Upcoming dividend of ฿0.25 per shareEligible shareholders must have bought the stock before 06 May 2026. Payment date: 21 May 2026. Payout ratio is a comfortable 58% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (0.4%).
Declared Dividend • Mar 02Final dividend of ฿0.25 announcedDividend of ฿0.25 is the same as last year. Ex-date: 6th March 2026 Payment date: 21st May 2026 Dividend yield will be 4.0%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (103% cash payout ratio). The dividend has increased by an average of 184% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Aug 20Upcoming dividend of ฿0.25 per shareEligible shareholders must have bought the stock before 27 August 2025. Payment date: 12 September 2025. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Thai dividend payers (8.0%). Higher than average of industry peers (0.6%).
お知らせ • Apr 26Ditto (Thailand) Public Company Limited Approved Dividend for the Year Ended 31 December 2024Ditto (Thailand) Public Company Limited at its AGM held on 25 April 2025, resolved to approve the allocation of profit as legal reserve and dividend payment in the form of cash dividend from the performance for the year 2024. The dividend payment for the fiscal year 2024 performance from 1 January 2024 to 31 December 2024 in the form of cash dividend at the rate of THB 0.25 per share or not exceeding THB 173,478,399.50.
Declared Dividend • Mar 01Dividend of ฿0.25 announcedDividend of ฿0.25 is the same as last year. Ex-date: 13th March 2025 Payment date: 23rd May 2025 Dividend yield will be 2.4%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (39% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 219% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 41% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 27+ 1 more updateDitto (Thailand) Public Company Limited Proposes Dividend for the Fiscal Year 2024 from 1 January 2024 to 31 December 2024, Payable on 23 May 2025Ditto (Thailand) Public Company Limited at the Board of Directors' Meeting No. held on 26 February 2025 approved the proposal to the 2025 Annual General Meeting of Shareholders to consider and approve the allocation of profit as legal reserve and dividend payment in the form of cash dividend from the performance of the year 2024 from 1 January 2024 to 31 December 2024 with following details: The dividend payment for the fiscal year 2024 performance from 1 January 2024 to 31 December 2024 in the form of cash dividend at the rate of THB 0.25 per share or not exceeding THB 173,478,399.50. In this regard, all dividends shall be deducted to accommodate withholding tax at the rate determined by the laws. The Company has set the record date of shareholders who are entitled to receive the dividend on 14 March 2025, and 23 May 2025 as the dividend payment date. Ex-dividend date is 13-Mar-2025. However, the right to receive dividend is subject to the approval by the Annual General Meeting of Shareholders for the year 2025 to be held on 25 April 2025.
Upcoming Dividend • Apr 29Upcoming dividend of ฿0.25 per shareEligible shareholders must have bought the stock before 06 May 2026. Payment date: 21 May 2026. Payout ratio is a comfortable 58% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (0.4%).
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿11.00, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 11x in the Electronic industry in Thailand. Total loss to shareholders of 71% over the past three years.
New Risk • Mar 04New 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 Dividend is not well covered by cash flows (103% cash payout ratio). Share price has been volatile over the past 3 months (6.4% average weekly change).
Declared Dividend • Mar 02Final dividend of ฿0.25 announcedDividend of ฿0.25 is the same as last year. Ex-date: 6th March 2026 Payment date: 21st May 2026 Dividend yield will be 4.0%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (103% cash payout ratio). The dividend has increased by an average of 184% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 29% 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 26Ditto (Thailand) Public Company Limited, Annual General Meeting, Apr 28, 2026Ditto (Thailand) Public Company Limited, Annual General Meeting, Apr 28, 2026, at 14:00 SE Asia Standard Time.
Buy Or Sell Opportunity • Feb 26Now 21% undervaluedOver the last 90 days, the stock has risen 21% to ฿13.30. The fair value is estimated to be ฿16.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 26%.
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿13.20, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 13x in the Electronic industry in Thailand. Total loss to shareholders of 62% over the past three years.
New Risk • Nov 20New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 95% Dividend yield: 4.4% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ฿0.26 (vs ฿0.20 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.26 (up from ฿0.20 in 3Q 2024). Revenue: ฿926.3m (up 55% from 3Q 2024). Net income: ฿176.8m (up 28% from 3Q 2024). Profit margin: 19% (down from 23% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings.
New Risk • Oct 03New 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 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change).
Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿14.00, the stock trades at a trailing P/E ratio of 17.9x. Average forward P/E is 13x in the Electronic industry in Thailand. Total loss to shareholders of 71% over the past three years.
Upcoming Dividend • Aug 20Upcoming dividend of ฿0.25 per shareEligible shareholders must have bought the stock before 27 August 2025. Payment date: 12 September 2025. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Thai dividend payers (8.0%). Higher than average of industry peers (0.6%).
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿0.24 (vs ฿0.18 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.24 (up from ฿0.18 in 2Q 2024). Revenue: ฿759.9m (up 49% from 2Q 2024). Net income: ฿168.2m (up 34% from 2Q 2024). Profit margin: 22% (down from 25% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.
Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.21 (vs ฿0.15 in 1Q 2024)First quarter 2025 results: EPS: ฿0.21 (up from ฿0.15 in 1Q 2024). Revenue: ฿745.3m (up 3.9% from 1Q 2024). Net income: ฿146.4m (up 40% from 1Q 2024). Profit margin: 20% (up from 15% in 1Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings.
お知らせ • Apr 26Ditto (Thailand) Public Company Limited Approved Dividend for the Year Ended 31 December 2024Ditto (Thailand) Public Company Limited at its AGM held on 25 April 2025, resolved to approve the allocation of profit as legal reserve and dividend payment in the form of cash dividend from the performance for the year 2024. The dividend payment for the fiscal year 2024 performance from 1 January 2024 to 31 December 2024 in the form of cash dividend at the rate of THB 0.25 per share or not exceeding THB 173,478,399.50.
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿11.90, the stock trades at a trailing P/E ratio of 18x. Average forward P/E is 13x in the Electronic industry in Thailand. Total loss to shareholders of 83% over the past three years.
Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ฿11.90, the stock trades at a trailing P/E ratio of 18x. Average forward P/E is 13x in the Electronic industry in Thailand. Total loss to shareholders of 74% over the past three years.
Declared Dividend • Mar 01Dividend of ฿0.25 announcedDividend of ฿0.25 is the same as last year. Ex-date: 13th March 2025 Payment date: 23rd May 2025 Dividend yield will be 2.4%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (39% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 219% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 41% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 27+ 1 more updateDitto (Thailand) Public Company Limited Proposes Dividend for the Fiscal Year 2024 from 1 January 2024 to 31 December 2024, Payable on 23 May 2025Ditto (Thailand) Public Company Limited at the Board of Directors' Meeting No. held on 26 February 2025 approved the proposal to the 2025 Annual General Meeting of Shareholders to consider and approve the allocation of profit as legal reserve and dividend payment in the form of cash dividend from the performance of the year 2024 from 1 January 2024 to 31 December 2024 with following details: The dividend payment for the fiscal year 2024 performance from 1 January 2024 to 31 December 2024 in the form of cash dividend at the rate of THB 0.25 per share or not exceeding THB 173,478,399.50. In this regard, all dividends shall be deducted to accommodate withholding tax at the rate determined by the laws. The Company has set the record date of shareholders who are entitled to receive the dividend on 14 March 2025, and 23 May 2025 as the dividend payment date. Ex-dividend date is 13-Mar-2025. However, the right to receive dividend is subject to the approval by the Annual General Meeting of Shareholders for the year 2025 to be held on 25 April 2025.
Reported Earnings • Feb 27Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ฿0.67 (up from ฿0.52 in FY 2023). Revenue: ฿2.43b (up 34% from FY 2023). Net income: ฿458.3m (up 37% from FY 2023). Profit margin: 19% (in line with FY 2023). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 2.2%. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Dec 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to ฿15.80. The fair value is estimated to be ฿19.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 73% in 2 years. Earnings are forecast to grow by 72% in the next 2 years.
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿18.10, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 13x in the Electronic industry in Thailand. Total returns to shareholders of 53% over the past three years.
Buy Or Sell Opportunity • Nov 28Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to ฿15.60. The fair value is estimated to be ฿19.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 73% in 2 years. Earnings are forecast to grow by 72% in the next 2 years.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ฿16.40, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Electronic industry in Thailand. Total returns to shareholders of 36% over the past three years.
Valuation Update With 7 Day Price Move • Aug 20Investor sentiment improves as stock rises 32%After last week's 32% share price gain to ฿16.10, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Electronic industry in Thailand. Total returns to shareholders of 43% over the past three years.
New Risk • Aug 15New 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 Risk Shareholders have been diluted in the past year (5.0% increase in shares outstanding).
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.18 (vs ฿0.14 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.18 (up from ฿0.14 in 2Q 2023). Revenue: ฿511.6m (up 16% from 2Q 2023). Net income: ฿125.4m (up 36% from 2Q 2023). Profit margin: 25% (up from 21% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Jul 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 31% to ฿13.80. The fair value is estimated to be ฿17.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 64% in 2 years. Earnings are forecast to grow by 89% in the next 2 years.
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ฿16.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Electronic industry in Thailand. Total returns to shareholders of 46% over the past three years.
Buy Or Sell Opportunity • Jul 02Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 39% to ฿13.40. The fair value is estimated to be ฿17.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 64% in 2 years. Earnings are forecast to grow by 89% in the next 2 years.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.15 (vs ฿0.13 in 1Q 2023)First quarter 2024 results: EPS: ฿0.15 (up from ฿0.13 in 1Q 2023). Revenue: ฿717.4m (up 73% from 1Q 2023). Net income: ฿104.6m (up 29% from 1Q 2023). Profit margin: 15% (down from 20% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 27Ditto (Thailand) Public Company Limited Appoints Pichit Viwatrujirapong as New Member of the Board of DirectorsDitto (Thailand) Public Company Limited at its AGM, held on April 25, 2024, approved the appointment of Mr. Pichit Viwatrujirapong as new member of the Board of Directors.
Buy Or Sell Opportunity • Apr 22Now 21% overvaluedOver the last 90 days, the stock has fallen 27% to ฿20.50. The fair value is estimated to be ฿16.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 92% in 2 years. Earnings are forecast to grow by 93% in the next 2 years.
Upcoming Dividend • Mar 06Upcoming dividend of ฿0.25 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Thai dividend payers (6.3%). In line with average of industry peers (1.2%).
Declared Dividend • Feb 29Dividend increased to ฿0.25Dividend of ฿0.25 is 2,150% higher than last year. Ex-date: 13th March 2024 Payment date: 15th May 2024 Dividend yield will be 1.0%, which is about the same as the industry average. Payout Ratios Payout ratio: 48%. Cash payout ratio: Approximately 7x free cash flows.
Reported Earnings • Feb 28Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: ฿0.52 (up from ฿0.40 in FY 2022). Revenue: ฿1.82b (up 47% from FY 2022). Net income: ฿335.1m (up 43% from FY 2022). Profit margin: 18% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.5%. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Thailand.
お知らせ • Feb 28Ditto (Thailand) Public Company Limited Proposes Dividend for the Period from 1 January 2023 to 31 December 2023, Payable on 15 May 2024Ditto (Thailand) Public Company Limited proposed at its AGM to be held on 25 April 2024 dividend of THB 0. 25 per share or not exceeding THB 173,478,399.50, for the fiscal year 2023 performance from 1 January 2023 to 31 December 2023. In this regard, all dividends shall be deducted to accommodate withholding tax at the rate determined by the laws. The Company has set the record date of shareholders who are entitled to receive the dividend on 14 March 2024, and 15 May 2024 as the dividend payment date.
お知らせ • Feb 27Ditto (Thailand) Public Company Limited, Annual General Meeting, Apr 25, 2024Ditto (Thailand) Public Company Limited, Annual General Meeting, Apr 25, 2024, at 13:30 SE Asia Standard Time. Agenda: To Consider and approve the Minutes of the Extraordinary General Meeting No. 1/2024; to consider the acknowledgement of the Company's performance for the year 2023; to Consider and approve the Company's financial statement for the year ended 31 December 2023; to Consider and approve the allocation of profit as legal reserve and dividend payment in the form of cash dividend from the performance for the year 2023; to Consider and approve the Company remuneration for the Chairman of the Board of Directors, Directors, Chairman of the Audit Committee and Audit Committee for the year 2024; and to consider other matters.
Major Estimate Revision • Jan 17Consensus revenue estimates increase by 16%The consensus outlook for revenues in fiscal year 2023 has improved. 2023 revenue forecast increased from ฿1.56b to ฿1.81b. EPS estimate increased from ฿0.48 to ฿0.49 per share. Net income forecast to grow 38% next year vs 9.7% growth forecast for Electronic industry in Thailand. Consensus price target of ฿45.00 unchanged from last update. Share price rose 3.6% to ฿28.50 over the past week.
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿27.75, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 18x in the Electronic industry in Thailand. Total loss to shareholders of 43% over the past year.
Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿26.00, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 15x in the Electronic industry in Thailand. Total loss to shareholders of 56% over the past year.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: ฿0.15 (vs ฿0.11 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.15 (up from ฿0.11 in 3Q 2022). Revenue: ฿552.1m (up 91% from 3Q 2022). Net income: ฿96.6m (up 37% from 3Q 2022). Profit margin: 18% (down from 24% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand.
お知らせ • Sep 08Ditto (Thailand) Public Company Limited Announces Executive ChangesDitto (Thailand) Public Company Limited and subsidiary company ("Company") announced the resolutions of the Board of Directors' Meeting No. 5/2023, held on 7 September 2023, which considered and approved the following matters as follow: Acknowledged the resignation from independent director and member of the Audit Committee of a director, Dr. Apiwathana Polsayom, which shall be effective from 7 September 2023 onwards; Approved the appointment of the new person, Professor Woothisarn Tanchai as Independent Director and member of the Audit Committee in replacement of the resigned director, Dr. Apiwathana Polsayom, which shall be effective from 7 September 2023 onwards; Acknowledged the resignation from Mr. Tawee Mee-ngern as Chairman of the Board of Director and still hold the position as Independent Director, member of the Audit Committee, and member of the Nomination and Remuneration Committee. The resignation shall be effective from 7 September 2023 onwards; Approved the appointment of Professor Woothisarn Tanchai as the Chairman of the Board of Directors in replacement of Mr. Tawee Mee-ngern which shall be effective from 7 September 2023 onwards. After the change of directors, the Board of Directors of the Company will be comprised of 9 directors as follows: Professor Woothisarn Tanchai Chairman of the Board of Directors /Independent Director /Member of the Audit Committee Mr. Wuth Meechouay Independent Director /Chairman of the Audit Committee /Chairman of the Nomination and Remuneration Committee Mr. Tawee Mee-ngern Independent Director /Member of the Audit Committee /Member of the Nomination and Remuneration Committee Mr. Narong Dechathanarujikorn Independent Director /Member of the Audit Committee Mr. Takorn Rattanakamolporn Director Mr. Chaithad Kulchokwanich Director /Member of the Nomination and Remuneration Committee Ms. Pondkarn Rattanakamolporn Director Mr. Chaiyut Eiadkaew Director Ms. Muttana Wicheankeawmanee Director.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.14 (vs ฿0.11 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.14 (up from ฿0.11 in 2Q 2022). Revenue: ฿442.3m (up 30% from 2Q 2022). Net income: ฿92.6m (up 47% from 2Q 2022). Profit margin: 21% (up from 19% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand.
Valuation Update With 7 Day Price Move • Jun 21Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿30.00, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 14x in the Electronic industry in Thailand. Total loss to shareholders of 33% over the past year.
New Risk • Jun 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risk Shareholders have been diluted in the past year (4.3% increase in shares outstanding).
Major Estimate Revision • Jun 07Consensus EPS estimates increase by 13%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from ฿0.425 to ฿0.48. Revenue forecast unchanged at ฿1.56b. Net income forecast to grow 31% next year vs 13% growth forecast for Electronic industry in Thailand. Consensus price target up from ฿40.00 to ฿45.00. Share price rose 6.0% to ฿35.25 over the past week.
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿32.25, the stock trades at a forward P/E ratio of 71x. Average forward P/E is 14x in the Electronic industry in Thailand. Total loss to shareholders of 37% over the past year.
Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.15 (vs ฿0.093 in 1Q 2022)First quarter 2023 results: EPS: ฿0.15 (up from ฿0.093 in 1Q 2022). Revenue: ฿415.3m (up 30% from 1Q 2022). Net income: ฿80.8m (up 38% from 1Q 2022). Profit margin: 20% (up from 18% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand.
お知らせ • May 17Ditto (Thailand) Public Company Limited Announces Changes in Chief Marketing OfficerDitto (Thailand) Public Company Limited announced the resolution of the board of director's meeting of the company no. 2/2023 held on 12 May 2023 to the organization restructuring and the changes in executives' positions and the appointment of the new executives. The company announced changes in Chief Marketing Officer from Ms. Muttana Wicheankaewmanee to Mr. Prasong Sudampan, effective since 12 May 2023 onward.
Valuation Update With 7 Day Price Move • Apr 24Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿28.75, the stock trades at a forward P/E ratio of 68x. Average forward P/E is 15x in the Electronic industry in Thailand. Total loss to shareholders of 61% over the past year.
Upcoming Dividend • Mar 07Upcoming dividend of ฿0.011 per shareEligible shareholders must have bought the stock before 13 March 2023. Payment date: 22 May 2023. Payout ratio is a comfortable 1.7% and this is well supported by cash flows. The company last paid an ordinary dividend in February 2022. The average dividend yield among industry peers is 0.9%.
Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: ฿0.13 (vs ฿0.093 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.13 (up from ฿0.093 in 3Q 2021). Revenue: ฿289.3m (down 14% from 3Q 2021). Net income: ฿70.5m (up 44% from 3Q 2021). Profit margin: 24% (up from 14% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 29% growth forecast for the IT industry in Thailand.
Price Target Changed • Nov 16Price target increased to ฿62.00Up from ฿34.00, the current price target is an average from 2 analysts. New target price is 15% below last closing price of ฿73.00. Stock is up 389% over the past year. The company is forecast to post earnings per share of ฿0.45 for next year compared to ฿0.40 last year.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Price Target Changed • Oct 08Price target increased to ฿62.00Up from ฿34.00, the current price target is an average from 2 analysts. New target price is 14% below last closing price of ฿72.00. Stock is up 394% over the past year. The company is forecast to post earnings per share of ฿0.43 for next year compared to ฿0.40 last year.
Price Target Changed • Aug 19Price target increased to ฿52.00Up from ฿34.00, the current price target is an average from 2 analysts. New target price is 11% below last closing price of ฿58.75. Stock is up 330% over the past year. The company is forecast to post earnings per share of ฿0.44 for next year compared to ฿0.40 last year.
Reported Earnings • Aug 17Second quarter 2022 earnings released: EPS: ฿0.065 (vs ฿0.077 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.065. Revenue: ฿339.8m (up 33% from 2Q 2021). Net income: ฿63.0m (up 64% from 2Q 2021). Profit margin: 19% (up from 15% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 24%, compared to a 42% growth forecast for the IT industry in Thailand.
Price Target Changed • Jul 16Price target decreased to ฿27.17Down from ฿32.89, the current price target is an average from 3 analysts. New target price is 44% below last closing price of ฿48.75. Stock is up 255% over the past year. The company is forecast to post earnings per share of ฿0.51 for next year compared to ฿0.40 last year.
Reported Earnings • May 16First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: ฿0.13 (up from ฿0.096 in 1Q 2021). Revenue: ฿319.8m (up 24% from 1Q 2021). Net income: ฿58.6m (up 42% from 1Q 2021). Profit margin: 18% (up from 16% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 27%. Over the next year, revenue is forecast to grow 26%, compared to a 21% growth forecast for the industry in Thailand.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿35.63, the stock trades at a forward P/E ratio of 71x. Average forward P/E is 40x in the IT industry in Thailand.
Reported Earnings • Mar 02Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: ฿0.48 (up from ฿0.35 in FY 2020). Revenue: ฿1.09b (up 11% from FY 2020). Net income: ฿200.7m (up 76% from FY 2020). Profit margin: 18% (up from 12% in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 27%. Over the next year, revenue is forecast to grow 24%, compared to a 20% growth forecast for the industry in Thailand.
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to ฿26.50, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 49x in the IT industry in Thailand. Simply Wall St's valuation model estimates the intrinsic value at ฿14.68 per share.
Valuation Update With 7 Day Price Move • Dec 27Investor sentiment improved over the past weekAfter last week's 26% share price gain to ฿22.50, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 42x in the IT industry in Thailand. Simply Wall St's valuation model estimates the intrinsic value at ฿14.41 per share.