View Past PerformanceSamart Telcoms バランスシートの健全性財務の健全性 基準チェック /66Samart Telcomsの総株主資本はTHB3.6B 、総負債はTHB520.5Mで、負債比率は14.4%となります。総資産と総負債はそれぞれTHB6.5BとTHB2.9Bです。 Samart Telcomsの EBIT はTHB196.8Mで、利息カバレッジ比率6.2です。現金および短期投資はTHB907.8Mです。主要情報14.36%負債資本比率฿520.53m負債インタレスト・カバレッジ・レシオ6.2x現金฿907.84mエクイティ฿3.62b負債合計฿2.86b総資産฿6.48b財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesDeclared Dividend • Mar 02Final dividend reduced to ฿0.05Dividend of ฿0.05 is 38% lower than last year. Ex-date: 18th March 2026 Payment date: 15th May 2026 Dividend yield will be 3.0%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (83% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 41% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Feb 28New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.8% Last year net profit margin: 2.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin). Market cap is less than US$100m (฿2.47b market cap, or US$79.5m).Reported Earnings • Feb 28Full year 2025 earnings released: EPS: ฿0.16 (vs ฿0.19 in FY 2024)Full year 2025 results: EPS: ฿0.16 (down from ฿0.19 in FY 2024). Revenue: ฿5.44b (up 30% from FY 2024). Net income: ฿100.2m (down 13% from FY 2024). Profit margin: 1.8% (down from 2.8% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.お知らせ • Feb 28Samart Telcoms Public Company Limited Proposes Dividend Payment for the Operating Period from January 1, 2025 to December 31, 2025, Payable on May 15, 2026Samart Telcoms Public Company Limited at its shareholders' meeting to be held on April 23, 2026 proposed the dividend payment for the operating period from January 1, 2025 to December 31, 2025, at THB 0.12 per share. The interim dividend at THB 0.07 per share was paid to shareholders on September 11, 2025, the remaining of THB 0.05 per share to the eligible shareholders dividend payment on March 19, 2026 (Record date) and the proposed payment date will be on May 15, 2026. However, The right to receive dividend payment is uncertain until it is approved by the 2026 Annual General Meeting of Shareholders. Ex-dividend date is March 18, 2026.お知らせ • Feb 27Samart Telcoms Public Company Limited, Annual General Meeting, Apr 23, 2026Samart Telcoms Public Company Limited, Annual General Meeting, Apr 23, 2026, at 13:30 SE Asia Standard Time. Location: at meeting room 16th fl., software park building, 99/20 moo 4, chaengwattana rd., klong gluar, pak-, nonthaburi 11120, ThailandNew Risk • Nov 05New 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: 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (฿2.22b market cap, or US$68.3m).Valuation Update With 7 Day Price Move • Nov 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿3.44, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 13x in the Telecom industry in Thailand. Total loss to shareholders of 46% over the past three years.Declared Dividend • Aug 16First half dividend increased to ฿0.07Dividend of ฿0.07 is 133% higher than last year. Ex-date: 27th August 2025 Payment date: 11th September 2025 Dividend yield will be 3.0%, which is higher than the industry average of 1.8%. 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 decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 8.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Jun 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.21b (US$98.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.Reported Earnings • May 14First quarter 2025 earnings released: EPS: ฿0.085 (vs ฿0.025 in 1Q 2024)First quarter 2025 results: EPS: ฿0.085 (up from ฿0.025 in 1Q 2024). Revenue: ฿1.34b (up 47% from 1Q 2024). Net income: ฿52.8m (up 238% from 1Q 2024). Profit margin: 3.9% (up from 1.7% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Apr 24Samart Telcoms Public Company Limited Approves Dividend Payment for Fiscal Year 2024, Payable on May 16, 2025Samart Telcoms Public Company Limited at its AGM held on April 24, 2025, approved the dividend payment for fiscal year 2024 at THB 0.11 per share. The Company has already paid the interim dividend at THB 0.03 per share on September 6, 2024, leaving the remaining THB 0.08 per share to be paid to the eligible shareholders entitled to receive dividends on March 13, 2025 (Record date) and the proposed payment date will be May 16, 2025.Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ฿6.00, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 24x in the Telecom industry in Thailand. Total loss to shareholders of 5.7% over the past three years.New Risk • Mar 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.18b (US$94.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (฿3.18b market cap, or US$94.6m).Upcoming Dividend • Mar 08Upcoming dividend of ฿0.08 per shareEligible shareholders must have bought the stock before 12 March 2025. Payment date: 16 May 2025. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Thai dividend payers (7.5%). Lower than average of industry peers (4.4%).Declared Dividend • Feb 22Final dividend increased to ฿0.08Dividend of ฿0.08 is 300% higher than last year. Ex-date: 12th March 2025 Payment date: 16th May 2025 Dividend yield will be 1.9%, which is higher than the industry average of 1.8%. Payout Ratios Payout ratio: 53%. Cash payout ratio: 3%.お知らせ • Feb 21Samart Telcoms Public Company Limited Proposes Cash Dividend Payment for Fiscal Year 2024, Payable on May 16, 2025Samart Telcoms Public Company Limited Board of Directors considered and deemed it appropriate to propose that the Annual General Meeting of Shareholders to consider and approve the cash dividend payment for fiscal year 2024 at THB 0.11 per share. The interim dividend at THB 0.03 per share was paid to shareholders on September 6, 2024, the remaining of THB 0.08 per share to the eligible shareholders for dividend payment on March 13, 2025 (Record date) and the proposed payment date will be on May 16, 2025. However, The right to receive dividend payment is uncertain until it is approved by the 2025 Annual General Meeting of Shareholders. Ex-dividend date: March 12, 2025. Operating period from January 01, 2024 to December 31, 2024 and Paid from Retained Earnings. Par value: THB 1.00.Reported Earnings • Feb 21Full year 2024 earnings released: EPS: ฿0.19 (vs ฿0.12 in FY 2023)Full year 2024 results: EPS: ฿0.19 (up from ฿0.12 in FY 2023). Revenue: ฿4.25b (down 5.3% from FY 2023). Net income: ฿115.4m (up 61% from FY 2023). Profit margin: 2.7% (up from 1.6% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.お知らせ • Feb 20Samart Telcoms Public Company Limited, Annual General Meeting, Apr 24, 2025Samart Telcoms Public Company Limited, Annual General Meeting, Apr 24, 2025, at 13:30 SE Asia Standard Time. Location: at meeting room 16th fl., software park building, 99/20 moo 4, chaengwattana rd., klong gluar, pak-kred,nonthaburi, ThailandNew Risk • Feb 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.21b (US$95.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (฿3.21b market cap, or US$95.7m).Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿5.20, the stock trades at a trailing P/E ratio of 54.9x. Average trailing P/E is 14x in the Telecom industry in Thailand. Total loss to shareholders of 31% over the past three years.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: ฿0.035 (vs ฿0.023 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.035 (up from ฿0.023 in 3Q 2023). Revenue: ฿859.4m (down 28% from 3Q 2023). Net income: ฿21.6m (up 54% from 3Q 2023). Profit margin: 2.5% (up from 1.2% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿5.55, the stock trades at a trailing P/E ratio of 67.4x. Average trailing P/E is 42x in the Telecom industry in Thailand. Total loss to shareholders of 9.6% over the past three years.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.017 (vs ฿0.037 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.017 (down from ฿0.037 in 2Q 2023). Revenue: ฿749.4m (down 32% from 2Q 2023). Net income: ฿10.7m (down 53% from 2Q 2023). Profit margin: 1.4% (down from 2.1% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 27%After last week's 27% share price gain to ฿4.16, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 18x in the Telecom industry in Thailand. Total loss to shareholders of 35% over the past three years.Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ฿3.36, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 12x in the Telecom industry in Thailand. Total loss to shareholders of 50% over the past three years.Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.025 (vs ฿0.039 in 1Q 2023)First quarter 2024 results: EPS: ฿0.025 (down from ฿0.039 in 1Q 2023). Revenue: ฿923.8m (up 2.4% from 1Q 2023). Net income: ฿15.6m (down 35% from 1Q 2023). Profit margin: 1.7% (down from 2.7% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿3.26, the stock trades at a trailing P/E ratio of 28.1x. Average trailing P/E is 15x in the Telecom industry in Thailand. Total loss to shareholders of 50% over the past three years.Buy Or Sell Opportunity • May 08Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 21% to ฿3.26. The fair value is estimated to be ฿2.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Meanwhile, the company has become profitable.お知らせ • Apr 26Samart Telcoms Public Company Limited Approves Dividend for the Fiscal Year 2023, Payable on May 16, 2024Samart Telcoms Public Company Limited at its AGM held on April 25, 2024 approved the dividend payment for fiscal year 2023 at THB 0.06 per share. The interim dividend at THB 0.04 per share was paid to shareholders on September 8, 2023, there by having a final dividend of THB 0.02 per share to the eligible shareholders for dividend payment on March 14, 2024 (Record date) and the proposed payment date will be on May 16, 2024.Upcoming Dividend • Mar 06Upcoming dividend of ฿0.02 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 16 May 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (1.6%).Declared Dividend • Feb 24Final dividend reduced to ฿0.02Dividend of ฿0.02 is 87% lower than last year. Ex-date: 13th March 2024 Payment date: 16th May 2024 Dividend yield will be 2.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 44% to shift the payout ratio to a potentially unsustainable range, which is more than the 27% EPS decline seen over the last 5 years.お知らせ • Feb 23+ 1 more updateSamart Telcoms Public Company Limited, Annual General Meeting, Apr 25, 2024Samart Telcoms Public Company Limited, Annual General Meeting, Apr 25, 2024, at 06:30 Coordinated Universal Time. Location: Meeting Room 16th Fl., Software Park Building, 99/20 Moo 4, Chaengwattana Rd., Klong Gluar, Pak-kred, Nontaburi Thailand Agenda: To consider and approve the Minutes of the 2023 Annual General Meeting of Shareholders; to acknowledge the Company's operating results and Annual Report for the year 2023; to consider and approve the Company's financial statement for the year ended December 31, 2023; to consider and approve the appropriation of legal reserve and dividend payment for 2023; to consider and approve the appointment of Company's directors to replace of those who will retire by rotation; to consider and approve the remuneration of the Board of Directors and the Committees' members for 2024; to consider and approve the appointment of Company's auditor and fix their remuneration for 2024; to consider and approve the amendment of Articles of Association; and to consider Other Matters.Reported Earnings • Feb 23Full year 2023 earnings released: EPS: ฿0.12 (vs ฿0.42 in FY 2022)Full year 2023 results: EPS: ฿0.12 (down from ฿0.42 in FY 2022). Revenue: ฿4.59b (down 7.3% from FY 2022). Net income: ฿71.7m (down 73% from FY 2022). Profit margin: 1.6% (down from 5.3% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.お知らせ • Feb 23Samart Telcoms Pcl Appoints Kajornvut Tayanukorn as Independent DirectorSamart Telcoms PCL informed that the Board of Directors' meeting No. 1/2024 held on February 22, 2024 resolved to appoint Mr. Kajornvut Tayanukorn, Director of Samart Telcoms PCL., as Independent Director. Effective from February 22, 2024.Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: ฿0.023 (vs ฿0.054 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.023 (down from ฿0.054 in 3Q 2022). Revenue: ฿1.21b (flat on 3Q 2022). Net income: ฿14.0m (down 58% from 3Q 2022). Profit margin: 1.2% (down from 2.8% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Upcoming Dividend • Aug 17Upcoming dividend of ฿0.04 per share at 4.8% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 46% and the cash payout ratio is 94%. Trailing yield: 4.8%. Lower than top quartile of Thai dividend payers (6.4%). Higher than average of industry peers (1.7%).お知らせ • Aug 12Samart Telcoms Public Company Limited Approves the Amendment of the Dividend Payment PolicySamart Telcoms Public Company Limited in its board meeting No. 4/2023 on August 10, 2023 has approved the amendment of the dividend payment policy to be as follows: On dividend payment, the Company has policy to pay dividend to the shareholders of no less than 50% of its consolidate net profit after deduction of all reserves as stated in the Company's Articles of Association and related laws. However, the dividend payment is subject to the Company's future investment plans and business expansion, including other necessity and suitability. In addition, payment for dividend will derive from profits from disposal of investments or fixed assets of the Company or its subsidiaries. The management and the Board of Director will decide whether or not to pay dividend or amount to be paid by taking into account the Company's future investment plans and business expansion, including other necessity and suitability. The subsidiaries' dividend payment policy will be the same as that of the Company.お知らせ • Aug 11Samart Telcoms Public Company Limited Announces Interim Cash Dividend for the Period from 01 January 2023 to 30 June 2023, Payable on 8 September 2023Samart Telcoms Public Company Limited announced interim cash dividend of THB 0.04 per share, with THB 1.00 par value for the period from 01 January 2023 to 30 June 2023. Ex-dividend date 24 August 2023, Record date 25 August 2023 and payment date 8 September 2023.Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: ฿0.037 (vs ฿0.054 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.037 (down from ฿0.054 in 2Q 2022). Revenue: ฿1.12b (down 21% from 2Q 2022). Net income: ฿23.0m (down 31% from 2Q 2022). Profit margin: 2.1% (down from 2.3% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿5.15, the stock trades at a trailing P/E ratio of 42.8x. Average trailing P/E is 16x in the Telecom industry in Asia. Negligible returns to shareholders over past three years.Upcoming Dividend • Mar 07Upcoming dividend of ฿0.15 per share at 3.4% yieldEligible shareholders must have bought the stock before 13 March 2023. Payment date: 12 May 2023. Payout ratio is on the higher end at 92% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Thai dividend payers (5.7%). Higher than average of industry peers (1.1%).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. 1 experienced director. 8 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Vichai Pokasamrit was the last independent director to join the board, commencing their role in 2011. 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 • Aug 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿8.00, the stock trades at a trailing P/E ratio of 72.2x. Average trailing P/E is 18x in the Telecom industry in Asia. Total loss to shareholders of 16% over the past three years.Upcoming Dividend • Aug 18Upcoming dividend of ฿0.06 per shareEligible shareholders must have bought the stock before 25 August 2022. Payment date: 09 September 2022. Payout ratio is on the higher end at 99% but the company is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of Thai dividend payers (5.4%). Lower than average of industry peers (4.0%).Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ฿0.054 (vs ฿0.05 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.054 (up from ฿0.05 in 2Q 2021). Revenue: ฿1.42b (down 9.5% from 2Q 2021). Net income: ฿33.1m (up 6.4% from 2Q 2021). Profit margin: 2.3% (up from 2.0% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.お知らせ • Aug 13Samart Telcoms Public Company Limited Announces Interim Cash Dividend for the Operating Period from January 1, 2022 to June 30, 2022, Payable on September 9, 2022Samart Telcoms Public Company Limited announced the interim cash dividend of THB 0.06 per share for the Operating period from January 1, 2022 to June 30, 2022. Record date for the right to receive dividends is August 26, 2022. Ex-dividend date is on August 25, 2022 and payment date is September 9, 2022.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. 1 experienced director. 8 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Vichai Pokasamrit was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Mar 08Upcoming dividend of ฿0.05 per shareEligible shareholders must have bought the stock before 15 March 2022. Payment date: 12 May 2022. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Thai dividend payers (5.3%). Lower than average of industry peers (3.7%).Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.10 (up from ฿0.47 loss in FY 2020). Revenue: ฿4.65b (down 15% from FY 2020). Net income: ฿61.4m (up ฿348.9m from FY 2020). Profit margin: 1.3% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.お知らせ • Feb 26Samart Telcoms Public Company Limited, Annual General Meeting, Apr 22, 2022Samart Telcoms Public Company Limited, Annual General Meeting, Apr 22, 2022, at 06:00 Coordinated Universal Time. Location: Meeting Room 16th Floor, Software Park Building, 99/20 Moo 4 Chaengwattana Road Klong Kluea, Pak Kret, Nonthaburi 11120 Nonthaburi Thailand Agenda: To consider and approve the Minutes of the 2021 Annual General Meeting of Shareholders; to acknowledge the Company's operating results and Annual Report for the year 2021; to consider and approve the Company's financial statement for the year ended December 31, 2021; to consider and approve the appropriation of legal reserve and dividend payment for 2021; and to consider and approve the amendment of Articles of Association.お知らせ • Feb 25Samart Telcoms Public Company Limited Proposes Dividend for Fiscal Year 2021, Payable on May 12, 2022Samart Telcoms Public Company Limited proposed shareholders to approve the dividend payment for fiscal year 2021 at THB 0.05 per share from the Company's net profit to the eligibleshareholders for dividend payment on March 16, 2022 (Record date) and the proposed payment date will be on May 12, 2022. However, The right to receive dividend payment is uncertain until it is approved by the 2022 Annual General Meeting of Shareholders. The AGM will be held on April 22, 2022.Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS ฿0.045 (vs ฿0.17 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ฿938.7m (down 31% from 3Q 2020). Net income: ฿27.7m (up ฿131.5m from 3Q 2020). Profit margin: 3.0% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.05 (vs ฿0.24 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿1.62b (up 49% from 2Q 2020). Net income: ฿31.1m (up ฿179.9m from 2Q 2020). Profit margin: 1.9% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Reported Earnings • May 12First quarter 2021 earnings released: EPS ฿0.025 (vs ฿0.076 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿1.24b (down 26% from 1Q 2020). Net income: ฿15.3m (down 68% from 1Q 2020). Profit margin: 1.2% (down from 2.8% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.お知らせ • Apr 29Samart Telcoms Public Company Limited Approves No Dividend Payment for the Year 2020Samart Telcoms Public Company Limited announced that the 2021 Annual General Meeting of Shareholders held on April 27, 2021 has approved the no dividend payment for the year 2020 due to net loss occurring in the Company's overall operating results for the year 2020.お知らせ • Feb 24Samart Telcoms Public Company Limited, Annual General Meeting, Apr 27, 2021Samart Telcoms Public Company Limited, Annual General Meeting, Apr 27, 2021, at 06:00 Coordinated Universal Time. Location: Meeting Room 16th Floor, Software Park Building, 99/20 Moo 4 Chaengwattana Road., Klong Kluea, Pak Kret Nonthaburi Thailand Agenda: To consider and approve the minutes of the 2020 annual general meeting of shareholder; to consider and approve the company's financial statement for the year ended December 31, 2020; to consider and approve the appointment of company's directors; to consider and approve the remuneration of the board of directors and the committees' members for 2021; and to discuss other matters.Reported Earnings • Feb 24Full year 2020 earnings released: ฿0.47 loss per share (vs ฿0.73 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: ฿5.51b (down 39% from FY 2019). Net loss: ฿287.5m (down 164% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 09New 90-day high: ฿5.70The company is up 15% from its price of ฿4.94 on 11 November 2020. The Thai market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 11% over the same period.Is New 90 Day High Low • Jan 12New 90-day high: ฿5.65The company is up 14% from its price of ฿4.96 on 14 October 2020. The Thai market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 19% over the same period.Is New 90 Day High Low • Dec 14New 90-day high: ฿5.55The company is up 13% from its price of ฿4.92 on 15 September 2020. The Thai market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Telecom industry, which is up 7.0% over the same period.Is New 90 Day High Low • Nov 26New 90-day high: ฿5.30The company is up 2.0% from its price of ฿5.20 on 28 August 2020. The Thai market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Telecom industry, which is up 1.0% over the same period.Reported Earnings • Nov 11Third quarter 2020 earnings released: ฿0.17 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ฿1.37b (down 29% from 3Q 2019). Net loss: ฿103.8m (down 230% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Sep 25New 90-day low: ฿4.86The company is down 20% from its price of ฿6.10 on 26 June 2020. The Thai market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 9.0% over the same period.財務状況分析短期負債: SAMTELの 短期資産 ( THB4.2B ) が 短期負債 ( THB2.5B ) を超えています。長期負債: SAMTELの短期資産 ( THB4.2B ) が 長期負債 ( THB379.4M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: SAMTEL総負債よりも多くの現金を保有しています。負債の削減: SAMTELの負債対資本比率は、過去 5 年間で44.3%から14.4%に減少しました。債務返済能力: SAMTELの負債は 営業キャッシュフロー によって 十分にカバー されています ( 149.5% )。インタレストカバレッジ: SAMTELの負債に対する 利息支払い は EBIT ( 6.2 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTelecom 業界の健全な企業。View Dividend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2026/05/21 23:43終値2026/05/21 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Samart Telcoms 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。3 アナリスト機関Prasit SujiravorakulBualuang Securities PCLYuriko HiguchiCGS InternationalCharnvut TaechaamorntanakijKrungsri Securities Public Company Limited
Declared Dividend • Mar 02Final dividend reduced to ฿0.05Dividend of ฿0.05 is 38% lower than last year. Ex-date: 18th March 2026 Payment date: 15th May 2026 Dividend yield will be 3.0%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (83% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 41% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Feb 28New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.8% Last year net profit margin: 2.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin). Market cap is less than US$100m (฿2.47b market cap, or US$79.5m).
Reported Earnings • Feb 28Full year 2025 earnings released: EPS: ฿0.16 (vs ฿0.19 in FY 2024)Full year 2025 results: EPS: ฿0.16 (down from ฿0.19 in FY 2024). Revenue: ฿5.44b (up 30% from FY 2024). Net income: ฿100.2m (down 13% from FY 2024). Profit margin: 1.8% (down from 2.8% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 28Samart Telcoms Public Company Limited Proposes Dividend Payment for the Operating Period from January 1, 2025 to December 31, 2025, Payable on May 15, 2026Samart Telcoms Public Company Limited at its shareholders' meeting to be held on April 23, 2026 proposed the dividend payment for the operating period from January 1, 2025 to December 31, 2025, at THB 0.12 per share. The interim dividend at THB 0.07 per share was paid to shareholders on September 11, 2025, the remaining of THB 0.05 per share to the eligible shareholders dividend payment on March 19, 2026 (Record date) and the proposed payment date will be on May 15, 2026. However, The right to receive dividend payment is uncertain until it is approved by the 2026 Annual General Meeting of Shareholders. Ex-dividend date is March 18, 2026.
お知らせ • Feb 27Samart Telcoms Public Company Limited, Annual General Meeting, Apr 23, 2026Samart Telcoms Public Company Limited, Annual General Meeting, Apr 23, 2026, at 13:30 SE Asia Standard Time. Location: at meeting room 16th fl., software park building, 99/20 moo 4, chaengwattana rd., klong gluar, pak-, nonthaburi 11120, Thailand
New Risk • Nov 05New 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: 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (฿2.22b market cap, or US$68.3m).
Valuation Update With 7 Day Price Move • Nov 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿3.44, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 13x in the Telecom industry in Thailand. Total loss to shareholders of 46% over the past three years.
Declared Dividend • Aug 16First half dividend increased to ฿0.07Dividend of ฿0.07 is 133% higher than last year. Ex-date: 27th August 2025 Payment date: 11th September 2025 Dividend yield will be 3.0%, which is higher than the industry average of 1.8%. 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 decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 8.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Jun 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.21b (US$98.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: ฿0.085 (vs ฿0.025 in 1Q 2024)First quarter 2025 results: EPS: ฿0.085 (up from ฿0.025 in 1Q 2024). Revenue: ฿1.34b (up 47% from 1Q 2024). Net income: ฿52.8m (up 238% from 1Q 2024). Profit margin: 3.9% (up from 1.7% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 24Samart Telcoms Public Company Limited Approves Dividend Payment for Fiscal Year 2024, Payable on May 16, 2025Samart Telcoms Public Company Limited at its AGM held on April 24, 2025, approved the dividend payment for fiscal year 2024 at THB 0.11 per share. The Company has already paid the interim dividend at THB 0.03 per share on September 6, 2024, leaving the remaining THB 0.08 per share to be paid to the eligible shareholders entitled to receive dividends on March 13, 2025 (Record date) and the proposed payment date will be May 16, 2025.
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ฿6.00, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 24x in the Telecom industry in Thailand. Total loss to shareholders of 5.7% over the past three years.
New Risk • Mar 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.18b (US$94.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (฿3.18b market cap, or US$94.6m).
Upcoming Dividend • Mar 08Upcoming dividend of ฿0.08 per shareEligible shareholders must have bought the stock before 12 March 2025. Payment date: 16 May 2025. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Thai dividend payers (7.5%). Lower than average of industry peers (4.4%).
Declared Dividend • Feb 22Final dividend increased to ฿0.08Dividend of ฿0.08 is 300% higher than last year. Ex-date: 12th March 2025 Payment date: 16th May 2025 Dividend yield will be 1.9%, which is higher than the industry average of 1.8%. Payout Ratios Payout ratio: 53%. Cash payout ratio: 3%.
お知らせ • Feb 21Samart Telcoms Public Company Limited Proposes Cash Dividend Payment for Fiscal Year 2024, Payable on May 16, 2025Samart Telcoms Public Company Limited Board of Directors considered and deemed it appropriate to propose that the Annual General Meeting of Shareholders to consider and approve the cash dividend payment for fiscal year 2024 at THB 0.11 per share. The interim dividend at THB 0.03 per share was paid to shareholders on September 6, 2024, the remaining of THB 0.08 per share to the eligible shareholders for dividend payment on March 13, 2025 (Record date) and the proposed payment date will be on May 16, 2025. However, The right to receive dividend payment is uncertain until it is approved by the 2025 Annual General Meeting of Shareholders. Ex-dividend date: March 12, 2025. Operating period from January 01, 2024 to December 31, 2024 and Paid from Retained Earnings. Par value: THB 1.00.
Reported Earnings • Feb 21Full year 2024 earnings released: EPS: ฿0.19 (vs ฿0.12 in FY 2023)Full year 2024 results: EPS: ฿0.19 (up from ฿0.12 in FY 2023). Revenue: ฿4.25b (down 5.3% from FY 2023). Net income: ฿115.4m (up 61% from FY 2023). Profit margin: 2.7% (up from 1.6% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.
お知らせ • Feb 20Samart Telcoms Public Company Limited, Annual General Meeting, Apr 24, 2025Samart Telcoms Public Company Limited, Annual General Meeting, Apr 24, 2025, at 13:30 SE Asia Standard Time. Location: at meeting room 16th fl., software park building, 99/20 moo 4, chaengwattana rd., klong gluar, pak-kred,nonthaburi, Thailand
New Risk • Feb 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.21b (US$95.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (฿3.21b market cap, or US$95.7m).
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿5.20, the stock trades at a trailing P/E ratio of 54.9x. Average trailing P/E is 14x in the Telecom industry in Thailand. Total loss to shareholders of 31% over the past three years.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: ฿0.035 (vs ฿0.023 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.035 (up from ฿0.023 in 3Q 2023). Revenue: ฿859.4m (down 28% from 3Q 2023). Net income: ฿21.6m (up 54% from 3Q 2023). Profit margin: 2.5% (up from 1.2% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿5.55, the stock trades at a trailing P/E ratio of 67.4x. Average trailing P/E is 42x in the Telecom industry in Thailand. Total loss to shareholders of 9.6% over the past three years.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.017 (vs ฿0.037 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.017 (down from ฿0.037 in 2Q 2023). Revenue: ฿749.4m (down 32% from 2Q 2023). Net income: ฿10.7m (down 53% from 2Q 2023). Profit margin: 1.4% (down from 2.1% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 27%After last week's 27% share price gain to ฿4.16, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 18x in the Telecom industry in Thailand. Total loss to shareholders of 35% over the past three years.
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ฿3.36, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 12x in the Telecom industry in Thailand. Total loss to shareholders of 50% over the past three years.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.025 (vs ฿0.039 in 1Q 2023)First quarter 2024 results: EPS: ฿0.025 (down from ฿0.039 in 1Q 2023). Revenue: ฿923.8m (up 2.4% from 1Q 2023). Net income: ฿15.6m (down 35% from 1Q 2023). Profit margin: 1.7% (down from 2.7% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿3.26, the stock trades at a trailing P/E ratio of 28.1x. Average trailing P/E is 15x in the Telecom industry in Thailand. Total loss to shareholders of 50% over the past three years.
Buy Or Sell Opportunity • May 08Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 21% to ฿3.26. The fair value is estimated to be ฿2.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Meanwhile, the company has become profitable.
お知らせ • Apr 26Samart Telcoms Public Company Limited Approves Dividend for the Fiscal Year 2023, Payable on May 16, 2024Samart Telcoms Public Company Limited at its AGM held on April 25, 2024 approved the dividend payment for fiscal year 2023 at THB 0.06 per share. The interim dividend at THB 0.04 per share was paid to shareholders on September 8, 2023, there by having a final dividend of THB 0.02 per share to the eligible shareholders for dividend payment on March 14, 2024 (Record date) and the proposed payment date will be on May 16, 2024.
Upcoming Dividend • Mar 06Upcoming dividend of ฿0.02 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 16 May 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (1.6%).
Declared Dividend • Feb 24Final dividend reduced to ฿0.02Dividend of ฿0.02 is 87% lower than last year. Ex-date: 13th March 2024 Payment date: 16th May 2024 Dividend yield will be 2.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 44% to shift the payout ratio to a potentially unsustainable range, which is more than the 27% EPS decline seen over the last 5 years.
お知らせ • Feb 23+ 1 more updateSamart Telcoms Public Company Limited, Annual General Meeting, Apr 25, 2024Samart Telcoms Public Company Limited, Annual General Meeting, Apr 25, 2024, at 06:30 Coordinated Universal Time. Location: Meeting Room 16th Fl., Software Park Building, 99/20 Moo 4, Chaengwattana Rd., Klong Gluar, Pak-kred, Nontaburi Thailand Agenda: To consider and approve the Minutes of the 2023 Annual General Meeting of Shareholders; to acknowledge the Company's operating results and Annual Report for the year 2023; to consider and approve the Company's financial statement for the year ended December 31, 2023; to consider and approve the appropriation of legal reserve and dividend payment for 2023; to consider and approve the appointment of Company's directors to replace of those who will retire by rotation; to consider and approve the remuneration of the Board of Directors and the Committees' members for 2024; to consider and approve the appointment of Company's auditor and fix their remuneration for 2024; to consider and approve the amendment of Articles of Association; and to consider Other Matters.
Reported Earnings • Feb 23Full year 2023 earnings released: EPS: ฿0.12 (vs ฿0.42 in FY 2022)Full year 2023 results: EPS: ฿0.12 (down from ฿0.42 in FY 2022). Revenue: ฿4.59b (down 7.3% from FY 2022). Net income: ฿71.7m (down 73% from FY 2022). Profit margin: 1.6% (down from 5.3% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
お知らせ • Feb 23Samart Telcoms Pcl Appoints Kajornvut Tayanukorn as Independent DirectorSamart Telcoms PCL informed that the Board of Directors' meeting No. 1/2024 held on February 22, 2024 resolved to appoint Mr. Kajornvut Tayanukorn, Director of Samart Telcoms PCL., as Independent Director. Effective from February 22, 2024.
Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: ฿0.023 (vs ฿0.054 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.023 (down from ฿0.054 in 3Q 2022). Revenue: ฿1.21b (flat on 3Q 2022). Net income: ฿14.0m (down 58% from 3Q 2022). Profit margin: 1.2% (down from 2.8% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Aug 17Upcoming dividend of ฿0.04 per share at 4.8% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 46% and the cash payout ratio is 94%. Trailing yield: 4.8%. Lower than top quartile of Thai dividend payers (6.4%). Higher than average of industry peers (1.7%).
お知らせ • Aug 12Samart Telcoms Public Company Limited Approves the Amendment of the Dividend Payment PolicySamart Telcoms Public Company Limited in its board meeting No. 4/2023 on August 10, 2023 has approved the amendment of the dividend payment policy to be as follows: On dividend payment, the Company has policy to pay dividend to the shareholders of no less than 50% of its consolidate net profit after deduction of all reserves as stated in the Company's Articles of Association and related laws. However, the dividend payment is subject to the Company's future investment plans and business expansion, including other necessity and suitability. In addition, payment for dividend will derive from profits from disposal of investments or fixed assets of the Company or its subsidiaries. The management and the Board of Director will decide whether or not to pay dividend or amount to be paid by taking into account the Company's future investment plans and business expansion, including other necessity and suitability. The subsidiaries' dividend payment policy will be the same as that of the Company.
お知らせ • Aug 11Samart Telcoms Public Company Limited Announces Interim Cash Dividend for the Period from 01 January 2023 to 30 June 2023, Payable on 8 September 2023Samart Telcoms Public Company Limited announced interim cash dividend of THB 0.04 per share, with THB 1.00 par value for the period from 01 January 2023 to 30 June 2023. Ex-dividend date 24 August 2023, Record date 25 August 2023 and payment date 8 September 2023.
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: ฿0.037 (vs ฿0.054 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.037 (down from ฿0.054 in 2Q 2022). Revenue: ฿1.12b (down 21% from 2Q 2022). Net income: ฿23.0m (down 31% from 2Q 2022). Profit margin: 2.1% (down from 2.3% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿5.15, the stock trades at a trailing P/E ratio of 42.8x. Average trailing P/E is 16x in the Telecom industry in Asia. Negligible returns to shareholders over past three years.
Upcoming Dividend • Mar 07Upcoming dividend of ฿0.15 per share at 3.4% yieldEligible shareholders must have bought the stock before 13 March 2023. Payment date: 12 May 2023. Payout ratio is on the higher end at 92% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Thai dividend payers (5.7%). Higher than average of industry peers (1.1%).
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. 1 experienced director. 8 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Vichai Pokasamrit was the last independent director to join the board, commencing their role in 2011. 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 • Aug 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿8.00, the stock trades at a trailing P/E ratio of 72.2x. Average trailing P/E is 18x in the Telecom industry in Asia. Total loss to shareholders of 16% over the past three years.
Upcoming Dividend • Aug 18Upcoming dividend of ฿0.06 per shareEligible shareholders must have bought the stock before 25 August 2022. Payment date: 09 September 2022. Payout ratio is on the higher end at 99% but the company is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of Thai dividend payers (5.4%). Lower than average of industry peers (4.0%).
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ฿0.054 (vs ฿0.05 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.054 (up from ฿0.05 in 2Q 2021). Revenue: ฿1.42b (down 9.5% from 2Q 2021). Net income: ฿33.1m (up 6.4% from 2Q 2021). Profit margin: 2.3% (up from 2.0% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 13Samart Telcoms Public Company Limited Announces Interim Cash Dividend for the Operating Period from January 1, 2022 to June 30, 2022, Payable on September 9, 2022Samart Telcoms Public Company Limited announced the interim cash dividend of THB 0.06 per share for the Operating period from January 1, 2022 to June 30, 2022. Record date for the right to receive dividends is August 26, 2022. Ex-dividend date is on August 25, 2022 and payment date is September 9, 2022.
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. 1 experienced director. 8 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Vichai Pokasamrit was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Mar 08Upcoming dividend of ฿0.05 per shareEligible shareholders must have bought the stock before 15 March 2022. Payment date: 12 May 2022. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Thai dividend payers (5.3%). Lower than average of industry peers (3.7%).
Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.10 (up from ฿0.47 loss in FY 2020). Revenue: ฿4.65b (down 15% from FY 2020). Net income: ฿61.4m (up ฿348.9m from FY 2020). Profit margin: 1.3% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 26Samart Telcoms Public Company Limited, Annual General Meeting, Apr 22, 2022Samart Telcoms Public Company Limited, Annual General Meeting, Apr 22, 2022, at 06:00 Coordinated Universal Time. Location: Meeting Room 16th Floor, Software Park Building, 99/20 Moo 4 Chaengwattana Road Klong Kluea, Pak Kret, Nonthaburi 11120 Nonthaburi Thailand Agenda: To consider and approve the Minutes of the 2021 Annual General Meeting of Shareholders; to acknowledge the Company's operating results and Annual Report for the year 2021; to consider and approve the Company's financial statement for the year ended December 31, 2021; to consider and approve the appropriation of legal reserve and dividend payment for 2021; and to consider and approve the amendment of Articles of Association.
お知らせ • Feb 25Samart Telcoms Public Company Limited Proposes Dividend for Fiscal Year 2021, Payable on May 12, 2022Samart Telcoms Public Company Limited proposed shareholders to approve the dividend payment for fiscal year 2021 at THB 0.05 per share from the Company's net profit to the eligibleshareholders for dividend payment on March 16, 2022 (Record date) and the proposed payment date will be on May 12, 2022. However, The right to receive dividend payment is uncertain until it is approved by the 2022 Annual General Meeting of Shareholders. The AGM will be held on April 22, 2022.
Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS ฿0.045 (vs ฿0.17 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ฿938.7m (down 31% from 3Q 2020). Net income: ฿27.7m (up ฿131.5m from 3Q 2020). Profit margin: 3.0% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.05 (vs ฿0.24 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿1.62b (up 49% from 2Q 2020). Net income: ฿31.1m (up ฿179.9m from 2Q 2020). Profit margin: 1.9% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 12First quarter 2021 earnings released: EPS ฿0.025 (vs ฿0.076 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿1.24b (down 26% from 1Q 2020). Net income: ฿15.3m (down 68% from 1Q 2020). Profit margin: 1.2% (down from 2.8% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 29Samart Telcoms Public Company Limited Approves No Dividend Payment for the Year 2020Samart Telcoms Public Company Limited announced that the 2021 Annual General Meeting of Shareholders held on April 27, 2021 has approved the no dividend payment for the year 2020 due to net loss occurring in the Company's overall operating results for the year 2020.
お知らせ • Feb 24Samart Telcoms Public Company Limited, Annual General Meeting, Apr 27, 2021Samart Telcoms Public Company Limited, Annual General Meeting, Apr 27, 2021, at 06:00 Coordinated Universal Time. Location: Meeting Room 16th Floor, Software Park Building, 99/20 Moo 4 Chaengwattana Road., Klong Kluea, Pak Kret Nonthaburi Thailand Agenda: To consider and approve the minutes of the 2020 annual general meeting of shareholder; to consider and approve the company's financial statement for the year ended December 31, 2020; to consider and approve the appointment of company's directors; to consider and approve the remuneration of the board of directors and the committees' members for 2021; and to discuss other matters.
Reported Earnings • Feb 24Full year 2020 earnings released: ฿0.47 loss per share (vs ฿0.73 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: ฿5.51b (down 39% from FY 2019). Net loss: ฿287.5m (down 164% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 09New 90-day high: ฿5.70The company is up 15% from its price of ฿4.94 on 11 November 2020. The Thai market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 11% over the same period.
Is New 90 Day High Low • Jan 12New 90-day high: ฿5.65The company is up 14% from its price of ฿4.96 on 14 October 2020. The Thai market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 19% over the same period.
Is New 90 Day High Low • Dec 14New 90-day high: ฿5.55The company is up 13% from its price of ฿4.92 on 15 September 2020. The Thai market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Telecom industry, which is up 7.0% over the same period.
Is New 90 Day High Low • Nov 26New 90-day high: ฿5.30The company is up 2.0% from its price of ฿5.20 on 28 August 2020. The Thai market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Telecom industry, which is up 1.0% over the same period.
Reported Earnings • Nov 11Third quarter 2020 earnings released: ฿0.17 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ฿1.37b (down 29% from 3Q 2019). Net loss: ฿103.8m (down 230% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Sep 25New 90-day low: ฿4.86The company is down 20% from its price of ฿6.10 on 26 June 2020. The Thai market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 9.0% over the same period.