View ValuationSermsang Power Corporation 将来の成長Future 基準チェック /26Sermsang Powerは、14%と5.9%でそれぞれ年率14%で利益と収益が成長すると予測される一方、EPSはgrowで14.3%年率。主要情報14.0%収益成長率14.31%EPS成長率Renewable Energy 収益成長-17.9%収益成長率5.9%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日08 May 2026今後の成長に関する最新情報Major Estimate Revision • Mar 07Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ฿3.45b to ฿3.25b. EPS estimate also fell from ฿0.64 per share to ฿0.52 per share. Net income forecast to shrink 5.4% next year vs 22% growth forecast for Renewable Energy industry in Thailand . Consensus price target down from ฿6.80 to ฿6.10. Share price was steady at ฿5.50 over the past week.Price Target Changed • Feb 18Price target decreased by 24% to ฿6.80Down from ฿8.90, the current price target is provided by 1 analyst. New target price is 35% above last closing price of ฿5.05. Stock is down 35% over the past year. The company is forecast to post earnings per share of ฿0.61 for next year compared to ฿0.59 last year.Major Estimate Revision • Aug 06Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ฿4.00b to ฿3.69b. EPS estimate also fell from ฿0.75 per share to ฿0.61 per share. Net income forecast to grow 13% next year vs 31% growth forecast for Renewable Energy industry in Thailand. Consensus price target down from ฿11.40 to ฿8.90. Share price fell 2.4% to ฿6.10 over the past week.Price Target Changed • Feb 07Price target increased by 12% to ฿11.40Up from ฿10.21, the current price target is provided by 1 analyst. New target price is 37% above last closing price of ฿8.35. Stock is down 7.2% over the past year. The company is forecast to post earnings per share of ฿0.63 for next year compared to ฿0.95 last year.Price Target Changed • Feb 15Price target decreased by 9.4% to ฿13.53Down from ฿14.93, the current price target is an average from 3 analysts. New target price is 42% above last closing price of ฿9.55. Stock is down 13% over the past year. The company is forecast to post earnings per share of ฿1.29 for next year compared to ฿0.77 last year.Major Estimate Revision • Nov 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from ฿0.98 to ฿1.36. Revenue forecast steady at ฿3.17b. Net income forecast to shrink 1.3% next year vs 34% growth forecast for Renewable Energy industry in Thailand . Consensus price target down from ฿15.93 to ฿14.87. Share price rose 3.7% to ฿9.90 over the past week.すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿4.26, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Renewable Energy industry in Thailand. Total loss to shareholders of 45% over the past three years.Buy Or Sell Opportunity • Mar 16Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.9% to ฿3.40. The fair value is estimated to be ฿2.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has declined by 21%. Revenue is forecast to decline by 0.3% in a year. Earnings are forecast to grow by 23% in the next year.Declared Dividend • Mar 02Dividend increased to ฿0.20Dividend of ฿0.20 is 2.5% higher than last year. Ex-date: 5th May 2026 Payment date: 21st May 2026 Dividend yield will be 6.1%, which is higher than the industry average of 2.1%. 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 3.3% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.Reported Earnings • Feb 28Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: ฿0.45 (down from ฿0.58 in FY 2024). Revenue: ฿3.26b (down 7.0% from FY 2024). Net income: ฿562.3m (down 26% from FY 2024). Profit margin: 17% (down from 22% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) exceeded analyst estimates by 6.1%. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.New Risk • Feb 28New major risk - Revenue and earnings growthEarnings have declined by 7.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Earnings have declined by 7.2% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.お知らせ • Feb 27+ 1 more updateSermsang Power Corporation Public Company Limited announces Annual dividend, payable on May 21, 2026Sermsang Power Corporation Public Company Limited announced Annual dividend of THB 0.2050 per share payable on May 21, 2026, ex-date on May 05, 2026 and record date on May 06, 2026.New Risk • Feb 14New major risk - Revenue and earnings growthEarnings have declined by 4.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Earnings have declined by 4.3% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.Buy Or Sell Opportunity • Feb 14Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.5% to ฿3.22. The fair value is estimated to be ฿2.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has declined by 23%.Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.09 (vs ฿0.089 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.09. Revenue: ฿769.2m (down 9.1% from 3Q 2024). Net income: ฿111.7m (down 1.7% from 3Q 2024). Profit margin: 14% (up from 13% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 7.6% growth forecast for the Renewable Energy industry in Thailand.New Risk • Aug 16New major risk - Revenue and earnings growthEarnings have declined by 1.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Earnings have declined by 1.5% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 16Second quarter 2025 earnings released: ฿0.011 loss per share (vs ฿0.095 profit in 2Q 2024)Second quarter 2025 results: ฿0.011 loss per share (down from ฿0.095 profit in 2Q 2024). Revenue: ฿665.2m (down 17% from 2Q 2024). Net loss: ฿13.7m (down 111% from profit in 2Q 2024). Revenue is forecast to decline by 3.0% p.a. on average during the next 2 years, while revenues in the Renewable Energy industry in Thailand are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 23% per year.New Risk • May 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings are forecast to decline by an average of 1.8% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • May 14First quarter 2025 earnings released: EPS: ฿0.19 (vs ฿0.15 in 1Q 2024)First quarter 2025 results: EPS: ฿0.19. Revenue: ฿934.0k (down 100% from 1Q 2024). Net income: ฿238.2k (down 100% from 1Q 2024). Profit margin: 26% (up from 24% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Renewable Energy industry in Thailand are expected to grow by 1.2%.Upcoming Dividend • Apr 25Upcoming dividend of ฿0.20 per shareEligible shareholders must have bought the stock before 02 May 2025. Payment date: 21 May 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Thai dividend payers (7.9%). Lower than average of industry peers (5.8%).Major Estimate Revision • Mar 07Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ฿3.45b to ฿3.25b. EPS estimate also fell from ฿0.64 per share to ฿0.52 per share. Net income forecast to shrink 5.4% next year vs 22% growth forecast for Renewable Energy industry in Thailand . Consensus price target down from ฿6.80 to ฿6.10. Share price was steady at ฿5.50 over the past week.New Risk • Mar 05New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.6% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Declared Dividend • Mar 01Dividend increased to ฿0.20Dividend of ฿0.20 is 100% higher than last year. Ex-date: 2nd May 2025 Payment date: 21st May 2025 Dividend yield will be 3.7%, which is higher than the industry average of 2.1%. Payout Ratios Payout ratio: 23%. Cash payout ratio: 13%.お知らせ • Feb 28+ 1 more updateSermsang Power Corporation Public Company Limited Proposes Cash Dividend for the Year 2024, Payable on May 21, 2025Sermsang Power Corporation Public Company Limited, at the AGM to be held on April 25, 2025 proposed cash dividend distribution at the rate of THB 0.20 per share, approximately total of THB 256,765,114 or equivalent to 34.05% of the profit for the year 2024 according to the separate financial statements. In this regard, the Company has scheduled May 6, 2025 as the date to determine the names of the shareholders who are entitled to receive the dividend payment (Record Date) and the Company will distribute the dividends on May 21, 2025. Nevertheless, such entitlement for dividend payment is uncertain and subjected to the approval of the shareholders' meeting.Price Target Changed • Feb 18Price target decreased by 24% to ฿6.80Down from ฿8.90, the current price target is provided by 1 analyst. New target price is 35% above last closing price of ฿5.05. Stock is down 35% over the past year. The company is forecast to post earnings per share of ฿0.61 for next year compared to ฿0.59 last year.お知らせ • Feb 17Sermsang Power Corporation Public Company Limited (SET:SSP) announces an Equity Buyback for 35,000,000 shares, representing 2.73% for THB 200 million.Sermsang Power Corporation Public Company Limited (SET:SSP) announces a share repurchase program. Under the program, the company will repurchase up to 35,000,000 shares, representing 2.73% of its issued share capital, for THB 200 million. The shares will be repurchased at a price of not more than 115% of the average closing price of 5 business days before the repurchase date. The purpose of the program is to maximize liquidity, enhance rate of return on equity and earning per share. The program is valid till August 17, 2025. As of March 14, 2024, the company had 1,373,825,572 ordinary shares in issue.New Risk • Nov 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 17% Last year net profit margin: 27% 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: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risk Profit margins are more than 30% lower than last year (17% net profit margin).Reported Earnings • Aug 15Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: ฿0.095 (down from ฿0.17 in 2Q 2023). Revenue: ฿828.5m (up 6.8% from 2Q 2023). Net income: ฿122.7m (down 46% from 2Q 2023). Profit margin: 15% (down from 29% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) exceeded analyst estimates by 5.7%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Renewable Energy industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.Major Estimate Revision • Aug 06Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ฿4.00b to ฿3.69b. EPS estimate also fell from ฿0.75 per share to ฿0.61 per share. Net income forecast to grow 13% next year vs 31% growth forecast for Renewable Energy industry in Thailand. Consensus price target down from ฿11.40 to ฿8.90. Share price fell 2.4% to ฿6.10 over the past week.Reported Earnings • May 17First quarter 2024 earnings released: EPS: ฿0.15 (vs ฿0.17 in 1Q 2023)First quarter 2024 results: EPS: ฿0.15 (down from ฿0.17 in 1Q 2023). Revenue: ฿864.9m (up 12% from 1Q 2023). Net income: ฿204.2m (down 15% from 1Q 2023). Profit margin: 24% (down from 31% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Renewable Energy industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.お知らせ • Apr 27Sermsang Power Corporation Public Company Limited Approves Dividend for the Year 2023Sermsang Power Corporation Public Company Limited at its Annual General Meeting of the Shareholders held on April 26, 2024, approved the payment of dividend derived from operating result of the year 2023 as the following details: The cash dividend distribution at the rate of THB 0.10 per share, totaling THB 137,382,557.お知らせ • Mar 21Sermsang Power Corporation Public Company Limited Announces the Resignation of Mr. Viwat Kraipisitkul as Director, Chairman of the Executive Committee, and Member of the Nomination and Remuneration CommitteeSermsang Power Corporation Public Company Limited announced that at the board meeting held on March 19, 2024, the company acknowledged the resignation from the position of director, chairman of the executive committee, and member of the nomination and remuneration committee, of Mr. Viwat Kraipisitkul, effective March 19, 2024.Declared Dividend • Mar 01Dividend of ฿0.10 announcedShareholders will receive a dividend of ฿0.10. Ex-date: 7th May 2024 Payment date: 24th May 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (9% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 7.5% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend.お知らせ • Feb 29Sermsang Power Corporation Public Company Limited, Annual General Meeting, Apr 26, 2024Sermsang Power Corporation Public Company Limited, Annual General Meeting, Apr 26, 2024, at 10:00 SE Asia Standard Time. Agenda: To consider and approve the minutes of the 2023 annual general meeting of shareholder; to acknowledge the company's business operations for the year 2023; to consider and approve the financial statements for the year ended December 31, 2023; and to discuss other matters.Reported Earnings • Feb 29Full year 2023 earnings releasedFull year 2023 results: Revenue: ฿3.12b (down 1.0% from FY 2022). Net income: ฿812.3m (down 38% from FY 2022). Profit margin: 26% (down from 41% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Renewable Energy industry in Thailand. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Price Target Changed • Feb 07Price target increased by 12% to ฿11.40Up from ฿10.21, the current price target is provided by 1 analyst. New target price is 37% above last closing price of ฿8.35. Stock is down 7.2% over the past year. The company is forecast to post earnings per share of ฿0.63 for next year compared to ฿0.95 last year.Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ฿7.10, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Renewable Energy industry in Thailand. Total returns to shareholders of 1.9% over the past three years.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: ฿0.16 (vs ฿0.20 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.16 (down from ฿0.20 in 3Q 2022). Revenue: ฿827.2m (up 2.8% from 3Q 2022). Net income: ฿218.7m (down 18% from 3Q 2022). Profit margin: 26% (down from 33% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Renewable Energy industry in Thailand. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Board Change • Nov 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. Independent Director Phairat Phoubon was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.New Risk • Aug 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 29% Last year net profit margin: 42% 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: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (29% net profit margin).Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.17 (vs ฿0.44 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.17 (down from ฿0.44 in 2Q 2022). Revenue: ฿775.9m (down 5.3% from 2Q 2022). Net income: ฿228.1m (down 63% from 2Q 2022). Profit margin: 29% (down from 74% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Renewable Energy industry in Thailand. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Apr 26Upcoming dividend of ฿0.061 per share at 2.9% yieldEligible shareholders must have bought the stock before 03 May 2023. Payment date: 25 May 2023. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Thai dividend payers (6.2%). Higher than average of industry peers (1.7%).Price Target Changed • Feb 15Price target decreased by 9.4% to ฿13.53Down from ฿14.93, the current price target is an average from 3 analysts. New target price is 42% above last closing price of ฿9.55. Stock is down 13% over the past year. The company is forecast to post earnings per share of ฿1.29 for next year compared to ฿0.77 last year.Reported Earnings • Nov 16Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: ฿0.21 (down from ฿0.26 in 3Q 2021). Revenue: ฿804.4m (up 18% from 3Q 2021). Net income: ฿267.6m (down 6.6% from 3Q 2021). Profit margin: 33% (down from 42% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Renewable Energy industry in Thailand. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Nov 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from ฿0.98 to ฿1.36. Revenue forecast steady at ฿3.17b. Net income forecast to shrink 1.3% next year vs 34% growth forecast for Renewable Energy industry in Thailand . Consensus price target down from ฿15.93 to ฿14.87. Share price rose 3.7% to ฿9.90 over the past week.Price Target Changed • Oct 31Price target decreased to ฿14.87Down from ฿16.40, the current price target is an average from 3 analysts. New target price is 50% above last closing price of ฿9.90. Stock is down 22% over the past year. The company is forecast to post earnings per share of ฿0.98 for next year compared to ฿0.77 last year.Upcoming Dividend • Aug 17Upcoming dividend of ฿0.20 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 09 September 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of Thai dividend payers (5.4%). Higher than average of industry peers (1.8%).Reported Earnings • Aug 13Second quarter 2022 earnings: EPS misses analyst expectationsSecond quarter 2022 results: EPS: ฿0.52 (up from ฿0.21 in 2Q 2021). Revenue: ฿1.20b (up 71% from 2Q 2021). Net income: ฿644.9m (up 168% from 2Q 2021). Profit margin: 54% (up from 34% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%. Over the next year, revenue is expected to shrink by 5.1% compared to a 29% growth forecast for the 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 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 19First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: ฿0.24 (up from ฿0.16 in 1Q 2021). Revenue: ฿859.5m (up 77% from 1Q 2021). Net income: ฿294.8m (up 61% from 1Q 2021). Profit margin: 34% (down from 38% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) missed analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 11%, compared to a 29% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 17% per year.Upcoming Dividend • Apr 28Upcoming dividend of ฿0.011 per shareEligible shareholders must have bought the stock before 05 May 2022. Payment date: 25 May 2022. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Thai dividend payers (5.1%). Lower than average of industry peers (1.7%).Price Target Changed • Mar 03Price target decreased to ฿17.33Down from ฿18.93, the current price target is an average from 3 analysts. New target price is 40% above last closing price of ฿12.40. Stock is down 16% over the past year. The company is forecast to post earnings per share of ฿1.05 for next year compared to ฿0.84 last year.Reported Earnings • Mar 02Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: ฿0.84 (up from ฿0.73 in FY 2020). Revenue: ฿2.62b (up 39% from FY 2020). Net income: ฿859.0m (up 17% from FY 2020). Profit margin: 33% (down from 39% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 23%, compared to a 33% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 22% per year.Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS ฿0.28 (vs ฿0.22 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿684.8m (up 10% from 3Q 2020). Net income: ฿286.5m (up 26% from 3Q 2020). Profit margin: 42% (up from 37% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ฿0.24 (vs ฿0.15 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿557.5m (up 12% from 2Q 2020). Net income: ฿240.4m (up 60% from 2Q 2020). Profit margin: 43% (up from 30% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 18% per year.Valuation Update With 7 Day Price Move • Jul 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to ฿15.20, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Renewable Energy industry in Thailand. Total returns to shareholders of 113% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿23.15 per share.Price Target Changed • May 23Price target increased to ฿15.00Up from ฿13.86, the current price target is an average from 2 analysts. New target price is 16% above last closing price of ฿12.90. Stock is up 88% over the past year.Reported Earnings • May 17First quarter 2021 earnings released: EPS ฿0.20 (vs ฿0.21 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: ฿501.0m (up 23% from 1Q 2020). Net income: ฿183.1m (down 16% from 1Q 2020). Profit margin: 37% (down from 54% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 20% per year.Upcoming Dividend • May 06Upcoming dividend of ฿0.011 per shareEligible shareholders must have bought the stock before 13 May 2021. Payment date: 28 May 2021. Trailing yield: 0.8%. Lower than top quartile of Thai dividend payers (4.9%). Lower than average of industry peers (2.0%).Major Estimate Revision • Mar 16Analysts lower EPS estimates to ฿0.90The 2021 consensus revenue estimate was lowered from ฿2.68b to ฿2.65b. Earning per share (EPS) estimate was also lowered from ฿1.12 to ฿0.90 for the same period. Net income is expected to grow by 26% next year compared to 27% growth forecast for the Renewable Energy industry in Thailand. The consensus price target increased from ฿13.25 to ฿15.25. Share price is up 8.2% to ฿15.80 over the past week.Valuation Update With 7 Day Price Move • Mar 08Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to ฿14.30, the stock is trading at a trailing P/E ratio of 17.9x, down from the previous P/E ratio of 22x. This compares to an average P/E of 20x in the Renewable Energy industry in Thailand. Total returns to shareholders over the past three years are 106%.Analyst Estimate Surprise Post Earnings • Feb 27Revenue and earnings miss expectationsRevenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 60%, compared to a 24% growth forecast for the Renewable Energy industry in Thailand.Is New 90 Day High Low • Feb 10New 90-day high: ฿15.40The company is up 115% from its price of ฿7.15 on 12 November 2020. The Thai market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 10.0% over the same period.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿14.40, the stock is trading at a trailing P/E ratio of 18.7x, up from the previous P/E ratio of 16.1x. This compares to an average P/E of 18x in the Renewable Energy industry in Thailand. Total returns to shareholders over the past three years are 95%.Is New 90 Day High Low • Jan 06New 90-day high: ฿12.40The company is up 71% from its price of ฿7.25 on 08 October 2020. The Thai market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 26% over the same period.Is New 90 Day High Low • Dec 04New 90-day high: ฿11.50The company is up 56% from its price of ฿7.35 on 03 September 2020. The Thai market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 8.0% over the same period.Major Estimate Revision • Dec 03Analysts update estimatesThe 2020 consensus revenue estimate was lowered from ฿2.52b to ฿2.30b. Earnings per share (EPS) increased from ฿0.76 to ฿0.91 for the same period. Net income is expected to grow by 41% next year compared to 22% growth forecast for the Renewable Energy industry in Thailand. The consensus price target increased from ฿9.20 to ฿16.00. Share price is up 7.8% to ฿11.00 over the past week.Valuation Update With 7 Day Price Move • Dec 01Market bids up stock over the past weekAfter last week's 18% share price gain to ฿11.00, the stock is trading at a trailing P/E ratio of 14.2x, up from the previous P/E ratio of 12.1x. This compares to an average P/E of 16x in the Renewable Energy industry in Thailand. Total returns to shareholders over the past three years are 41%.Valuation Update With 7 Day Price Move • Nov 25Market bids up stock over the past weekAfter last week's 20% share price gain to ฿10.20, the stock is trading at a trailing P/E ratio of 13.2x, up from the previous P/E ratio of 11x. This compares to an average P/E of 16x in the Renewable Energy industry in Thailand. Total returns to shareholders over the past three years are 22%.Valuation Update With 7 Day Price Move • Nov 23Market bids up stock over the past weekAfter last week's 16% share price gain to ฿9.55, the stock is trading at a trailing P/E ratio of 12.4x, up from the previous P/E ratio of 10.7x. This compares to an average P/E of 15x in the Renewable Energy industry in Thailand. Total returns to shareholders over the past three years are 15%.Valuation Update With 7 Day Price Move • Nov 19Market bids up stock over the past weekAfter last week's 20% share price gain to ฿8.55, the stock is trading at a trailing P/E ratio of 11.1x, up from the previous P/E ratio of 9.3x. This compares to an average P/E of 15x in the Renewable Energy industry in Thailand. Total returns to shareholders over the past three years are 3.2%.Analyst Estimate Surprise Post Earnings • Nov 14Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 26%. Earnings per share (EPS) also surpassed analyst estimates by 65%. Over the next year, revenue is forecast to grow 50%, compared to a 14% growth forecast for the Renewable Energy industry in Thailand.Is New 90 Day High Low • Nov 13New 90-day high: ฿7.95The company is up 5.0% from its price of ฿7.60 on 14 August 2020. The Thai market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is down 3.0% over the same period.Is New 90 Day High Low • Oct 19New 90-day low: ฿6.85The company is down 14% from its price of ฿8.00 on 21 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Renewable Energy industry, which is down 19% over the same period.Upcoming Dividend • Oct 07Upcoming Dividend of ฿0.11 Per ShareWill be paid on the 4th of November to those who are registered shareholders by the 14th of October. The trailing yield of 1.5% is below the top quartile of Thai dividend payers (7.0%), and is lower than industry peers (2.1%).業績と収益の成長予測SET:SSP - アナリストの将来予測と過去の財務データ ( )THB Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20273,662749N/AN/A112/31/20263,253691N/AN/A112/31/20253,264562-1,1332,125N/A9/30/20253,365650-1952,405N/A6/30/20253,4146524752,394N/A3/31/20253,5777881,4022,744N/A12/31/20243,5087541,0242,527N/A9/30/20243,2555661,0472,369N/A6/30/20243,2366721,3372,622N/A3/31/20243,2127771,3672,408N/A12/31/20233,1238121,8632,281N/A9/30/20233,0508271,8941,953N/A6/30/20233,027872-1,0151,614N/A3/31/20233,0721,285-5092,060N/A12/31/20223,1551,302-5792,043N/A9/30/20223,2011,311-5243,038N/A6/30/20223,1591,3331,3663,050N/A3/31/20222,9809336992,486N/A12/31/20212,6958591262,390N/A9/30/20212,4878522271,752N/A6/30/20212,3477933151,854N/A3/31/20212,360702-4181,589N/A12/31/20202,192736351,532N/A9/30/20202,051712-7021,261N/A6/30/20201,8276281361,321N/A3/31/20201,573639-391986N/A12/31/20191,481546-1,1861,069N/A9/30/20191,434533N/A1,125N/A6/30/20191,328507N/A876N/A3/31/20191,229499N/A853N/A12/31/20181,137482N/A889N/A9/30/20181,026451N/A977N/A6/30/2018951386N/A622N/A3/31/2018881344N/A915N/A12/31/2017877340N/A568N/A9/30/2017853330N/A306N/A6/30/2017856391N/A499N/A3/31/2017871425N/A757N/A12/31/2016877449N/A663N/A9/30/201691377N/A679N/A12/31/201585367N/A121N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: SSPの予測収益成長率 (年間14% ) は 貯蓄率 ( 2.2% ) を上回っています。収益対市場: SSPの収益 ( 14% ) はTH市場 ( 10.9% ) よりも速いペースで成長すると予測されています。高成長収益: SSPの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: SSPの収益 ( 5.9% ) TH市場 ( 9.4% ) よりも低い成長が予測されています。高い収益成長: SSPの収益 ( 5.9% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: SSPの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YUtilities 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/09 04:04終値2026/05/08 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Sermsang Power Corporation Public Company Limited 1 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Thanapol JiratanakijCGS InternationalNatchapon PraesicharoenYuanta Securities (Thailand) Company Limited
Major Estimate Revision • Mar 07Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ฿3.45b to ฿3.25b. EPS estimate also fell from ฿0.64 per share to ฿0.52 per share. Net income forecast to shrink 5.4% next year vs 22% growth forecast for Renewable Energy industry in Thailand . Consensus price target down from ฿6.80 to ฿6.10. Share price was steady at ฿5.50 over the past week.
Price Target Changed • Feb 18Price target decreased by 24% to ฿6.80Down from ฿8.90, the current price target is provided by 1 analyst. New target price is 35% above last closing price of ฿5.05. Stock is down 35% over the past year. The company is forecast to post earnings per share of ฿0.61 for next year compared to ฿0.59 last year.
Major Estimate Revision • Aug 06Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ฿4.00b to ฿3.69b. EPS estimate also fell from ฿0.75 per share to ฿0.61 per share. Net income forecast to grow 13% next year vs 31% growth forecast for Renewable Energy industry in Thailand. Consensus price target down from ฿11.40 to ฿8.90. Share price fell 2.4% to ฿6.10 over the past week.
Price Target Changed • Feb 07Price target increased by 12% to ฿11.40Up from ฿10.21, the current price target is provided by 1 analyst. New target price is 37% above last closing price of ฿8.35. Stock is down 7.2% over the past year. The company is forecast to post earnings per share of ฿0.63 for next year compared to ฿0.95 last year.
Price Target Changed • Feb 15Price target decreased by 9.4% to ฿13.53Down from ฿14.93, the current price target is an average from 3 analysts. New target price is 42% above last closing price of ฿9.55. Stock is down 13% over the past year. The company is forecast to post earnings per share of ฿1.29 for next year compared to ฿0.77 last year.
Major Estimate Revision • Nov 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from ฿0.98 to ฿1.36. Revenue forecast steady at ฿3.17b. Net income forecast to shrink 1.3% next year vs 34% growth forecast for Renewable Energy industry in Thailand . Consensus price target down from ฿15.93 to ฿14.87. Share price rose 3.7% to ฿9.90 over the past week.
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿4.26, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Renewable Energy industry in Thailand. Total loss to shareholders of 45% over the past three years.
Buy Or Sell Opportunity • Mar 16Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.9% to ฿3.40. The fair value is estimated to be ฿2.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has declined by 21%. Revenue is forecast to decline by 0.3% in a year. Earnings are forecast to grow by 23% in the next year.
Declared Dividend • Mar 02Dividend increased to ฿0.20Dividend of ฿0.20 is 2.5% higher than last year. Ex-date: 5th May 2026 Payment date: 21st May 2026 Dividend yield will be 6.1%, which is higher than the industry average of 2.1%. 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 3.3% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend.
Reported Earnings • Feb 28Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: ฿0.45 (down from ฿0.58 in FY 2024). Revenue: ฿3.26b (down 7.0% from FY 2024). Net income: ฿562.3m (down 26% from FY 2024). Profit margin: 17% (down from 22% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) exceeded analyst estimates by 6.1%. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
New Risk • Feb 28New major risk - Revenue and earnings growthEarnings have declined by 7.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Earnings have declined by 7.2% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.
お知らせ • Feb 27+ 1 more updateSermsang Power Corporation Public Company Limited announces Annual dividend, payable on May 21, 2026Sermsang Power Corporation Public Company Limited announced Annual dividend of THB 0.2050 per share payable on May 21, 2026, ex-date on May 05, 2026 and record date on May 06, 2026.
New Risk • Feb 14New major risk - Revenue and earnings growthEarnings have declined by 4.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Earnings have declined by 4.3% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.
Buy Or Sell Opportunity • Feb 14Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.5% to ฿3.22. The fair value is estimated to be ฿2.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has declined by 23%.
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.09 (vs ฿0.089 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.09. Revenue: ฿769.2m (down 9.1% from 3Q 2024). Net income: ฿111.7m (down 1.7% from 3Q 2024). Profit margin: 14% (up from 13% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 7.6% growth forecast for the Renewable Energy industry in Thailand.
New Risk • Aug 16New major risk - Revenue and earnings growthEarnings have declined by 1.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Earnings have declined by 1.5% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 16Second quarter 2025 earnings released: ฿0.011 loss per share (vs ฿0.095 profit in 2Q 2024)Second quarter 2025 results: ฿0.011 loss per share (down from ฿0.095 profit in 2Q 2024). Revenue: ฿665.2m (down 17% from 2Q 2024). Net loss: ฿13.7m (down 111% from profit in 2Q 2024). Revenue is forecast to decline by 3.0% p.a. on average during the next 2 years, while revenues in the Renewable Energy industry in Thailand are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 23% per year.
New Risk • May 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings are forecast to decline by an average of 1.8% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: ฿0.19 (vs ฿0.15 in 1Q 2024)First quarter 2025 results: EPS: ฿0.19. Revenue: ฿934.0k (down 100% from 1Q 2024). Net income: ฿238.2k (down 100% from 1Q 2024). Profit margin: 26% (up from 24% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Renewable Energy industry in Thailand are expected to grow by 1.2%.
Upcoming Dividend • Apr 25Upcoming dividend of ฿0.20 per shareEligible shareholders must have bought the stock before 02 May 2025. Payment date: 21 May 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Thai dividend payers (7.9%). Lower than average of industry peers (5.8%).
Major Estimate Revision • Mar 07Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ฿3.45b to ฿3.25b. EPS estimate also fell from ฿0.64 per share to ฿0.52 per share. Net income forecast to shrink 5.4% next year vs 22% growth forecast for Renewable Energy industry in Thailand . Consensus price target down from ฿6.80 to ฿6.10. Share price was steady at ฿5.50 over the past week.
New Risk • Mar 05New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.6% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Declared Dividend • Mar 01Dividend increased to ฿0.20Dividend of ฿0.20 is 100% higher than last year. Ex-date: 2nd May 2025 Payment date: 21st May 2025 Dividend yield will be 3.7%, which is higher than the industry average of 2.1%. Payout Ratios Payout ratio: 23%. Cash payout ratio: 13%.
お知らせ • Feb 28+ 1 more updateSermsang Power Corporation Public Company Limited Proposes Cash Dividend for the Year 2024, Payable on May 21, 2025Sermsang Power Corporation Public Company Limited, at the AGM to be held on April 25, 2025 proposed cash dividend distribution at the rate of THB 0.20 per share, approximately total of THB 256,765,114 or equivalent to 34.05% of the profit for the year 2024 according to the separate financial statements. In this regard, the Company has scheduled May 6, 2025 as the date to determine the names of the shareholders who are entitled to receive the dividend payment (Record Date) and the Company will distribute the dividends on May 21, 2025. Nevertheless, such entitlement for dividend payment is uncertain and subjected to the approval of the shareholders' meeting.
Price Target Changed • Feb 18Price target decreased by 24% to ฿6.80Down from ฿8.90, the current price target is provided by 1 analyst. New target price is 35% above last closing price of ฿5.05. Stock is down 35% over the past year. The company is forecast to post earnings per share of ฿0.61 for next year compared to ฿0.59 last year.
お知らせ • Feb 17Sermsang Power Corporation Public Company Limited (SET:SSP) announces an Equity Buyback for 35,000,000 shares, representing 2.73% for THB 200 million.Sermsang Power Corporation Public Company Limited (SET:SSP) announces a share repurchase program. Under the program, the company will repurchase up to 35,000,000 shares, representing 2.73% of its issued share capital, for THB 200 million. The shares will be repurchased at a price of not more than 115% of the average closing price of 5 business days before the repurchase date. The purpose of the program is to maximize liquidity, enhance rate of return on equity and earning per share. The program is valid till August 17, 2025. As of March 14, 2024, the company had 1,373,825,572 ordinary shares in issue.
New Risk • Nov 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 17% Last year net profit margin: 27% 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: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risk Profit margins are more than 30% lower than last year (17% net profit margin).
Reported Earnings • Aug 15Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: ฿0.095 (down from ฿0.17 in 2Q 2023). Revenue: ฿828.5m (up 6.8% from 2Q 2023). Net income: ฿122.7m (down 46% from 2Q 2023). Profit margin: 15% (down from 29% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) exceeded analyst estimates by 5.7%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Renewable Energy industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.
Major Estimate Revision • Aug 06Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ฿4.00b to ฿3.69b. EPS estimate also fell from ฿0.75 per share to ฿0.61 per share. Net income forecast to grow 13% next year vs 31% growth forecast for Renewable Energy industry in Thailand. Consensus price target down from ฿11.40 to ฿8.90. Share price fell 2.4% to ฿6.10 over the past week.
Reported Earnings • May 17First quarter 2024 earnings released: EPS: ฿0.15 (vs ฿0.17 in 1Q 2023)First quarter 2024 results: EPS: ฿0.15 (down from ฿0.17 in 1Q 2023). Revenue: ฿864.9m (up 12% from 1Q 2023). Net income: ฿204.2m (down 15% from 1Q 2023). Profit margin: 24% (down from 31% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Renewable Energy industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.
お知らせ • Apr 27Sermsang Power Corporation Public Company Limited Approves Dividend for the Year 2023Sermsang Power Corporation Public Company Limited at its Annual General Meeting of the Shareholders held on April 26, 2024, approved the payment of dividend derived from operating result of the year 2023 as the following details: The cash dividend distribution at the rate of THB 0.10 per share, totaling THB 137,382,557.
お知らせ • Mar 21Sermsang Power Corporation Public Company Limited Announces the Resignation of Mr. Viwat Kraipisitkul as Director, Chairman of the Executive Committee, and Member of the Nomination and Remuneration CommitteeSermsang Power Corporation Public Company Limited announced that at the board meeting held on March 19, 2024, the company acknowledged the resignation from the position of director, chairman of the executive committee, and member of the nomination and remuneration committee, of Mr. Viwat Kraipisitkul, effective March 19, 2024.
Declared Dividend • Mar 01Dividend of ฿0.10 announcedShareholders will receive a dividend of ฿0.10. Ex-date: 7th May 2024 Payment date: 24th May 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (9% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 7.5% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend.
お知らせ • Feb 29Sermsang Power Corporation Public Company Limited, Annual General Meeting, Apr 26, 2024Sermsang Power Corporation Public Company Limited, Annual General Meeting, Apr 26, 2024, at 10:00 SE Asia Standard Time. Agenda: To consider and approve the minutes of the 2023 annual general meeting of shareholder; to acknowledge the company's business operations for the year 2023; to consider and approve the financial statements for the year ended December 31, 2023; and to discuss other matters.
Reported Earnings • Feb 29Full year 2023 earnings releasedFull year 2023 results: Revenue: ฿3.12b (down 1.0% from FY 2022). Net income: ฿812.3m (down 38% from FY 2022). Profit margin: 26% (down from 41% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Renewable Energy industry in Thailand. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Price Target Changed • Feb 07Price target increased by 12% to ฿11.40Up from ฿10.21, the current price target is provided by 1 analyst. New target price is 37% above last closing price of ฿8.35. Stock is down 7.2% over the past year. The company is forecast to post earnings per share of ฿0.63 for next year compared to ฿0.95 last year.
Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ฿7.10, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Renewable Energy industry in Thailand. Total returns to shareholders of 1.9% over the past three years.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: ฿0.16 (vs ฿0.20 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.16 (down from ฿0.20 in 3Q 2022). Revenue: ฿827.2m (up 2.8% from 3Q 2022). Net income: ฿218.7m (down 18% from 3Q 2022). Profit margin: 26% (down from 33% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Renewable Energy industry in Thailand. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Board Change • Nov 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. Independent Director Phairat Phoubon was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
New Risk • Aug 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 29% Last year net profit margin: 42% 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: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (29% net profit margin).
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.17 (vs ฿0.44 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.17 (down from ฿0.44 in 2Q 2022). Revenue: ฿775.9m (down 5.3% from 2Q 2022). Net income: ฿228.1m (down 63% from 2Q 2022). Profit margin: 29% (down from 74% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Renewable Energy industry in Thailand. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Apr 26Upcoming dividend of ฿0.061 per share at 2.9% yieldEligible shareholders must have bought the stock before 03 May 2023. Payment date: 25 May 2023. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Thai dividend payers (6.2%). Higher than average of industry peers (1.7%).
Price Target Changed • Feb 15Price target decreased by 9.4% to ฿13.53Down from ฿14.93, the current price target is an average from 3 analysts. New target price is 42% above last closing price of ฿9.55. Stock is down 13% over the past year. The company is forecast to post earnings per share of ฿1.29 for next year compared to ฿0.77 last year.
Reported Earnings • Nov 16Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: ฿0.21 (down from ฿0.26 in 3Q 2021). Revenue: ฿804.4m (up 18% from 3Q 2021). Net income: ฿267.6m (down 6.6% from 3Q 2021). Profit margin: 33% (down from 42% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Renewable Energy industry in Thailand. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Nov 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from ฿0.98 to ฿1.36. Revenue forecast steady at ฿3.17b. Net income forecast to shrink 1.3% next year vs 34% growth forecast for Renewable Energy industry in Thailand . Consensus price target down from ฿15.93 to ฿14.87. Share price rose 3.7% to ฿9.90 over the past week.
Price Target Changed • Oct 31Price target decreased to ฿14.87Down from ฿16.40, the current price target is an average from 3 analysts. New target price is 50% above last closing price of ฿9.90. Stock is down 22% over the past year. The company is forecast to post earnings per share of ฿0.98 for next year compared to ฿0.77 last year.
Upcoming Dividend • Aug 17Upcoming dividend of ฿0.20 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 09 September 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of Thai dividend payers (5.4%). Higher than average of industry peers (1.8%).
Reported Earnings • Aug 13Second quarter 2022 earnings: EPS misses analyst expectationsSecond quarter 2022 results: EPS: ฿0.52 (up from ฿0.21 in 2Q 2021). Revenue: ฿1.20b (up 71% from 2Q 2021). Net income: ฿644.9m (up 168% from 2Q 2021). Profit margin: 54% (up from 34% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%. Over the next year, revenue is expected to shrink by 5.1% compared to a 29% growth forecast for the 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 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 19First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: ฿0.24 (up from ฿0.16 in 1Q 2021). Revenue: ฿859.5m (up 77% from 1Q 2021). Net income: ฿294.8m (up 61% from 1Q 2021). Profit margin: 34% (down from 38% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) missed analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 11%, compared to a 29% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 17% per year.
Upcoming Dividend • Apr 28Upcoming dividend of ฿0.011 per shareEligible shareholders must have bought the stock before 05 May 2022. Payment date: 25 May 2022. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Thai dividend payers (5.1%). Lower than average of industry peers (1.7%).
Price Target Changed • Mar 03Price target decreased to ฿17.33Down from ฿18.93, the current price target is an average from 3 analysts. New target price is 40% above last closing price of ฿12.40. Stock is down 16% over the past year. The company is forecast to post earnings per share of ฿1.05 for next year compared to ฿0.84 last year.
Reported Earnings • Mar 02Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: ฿0.84 (up from ฿0.73 in FY 2020). Revenue: ฿2.62b (up 39% from FY 2020). Net income: ฿859.0m (up 17% from FY 2020). Profit margin: 33% (down from 39% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 23%, compared to a 33% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 22% per year.
Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS ฿0.28 (vs ฿0.22 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿684.8m (up 10% from 3Q 2020). Net income: ฿286.5m (up 26% from 3Q 2020). Profit margin: 42% (up from 37% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ฿0.24 (vs ฿0.15 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿557.5m (up 12% from 2Q 2020). Net income: ฿240.4m (up 60% from 2Q 2020). Profit margin: 43% (up from 30% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 18% per year.
Valuation Update With 7 Day Price Move • Jul 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to ฿15.20, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Renewable Energy industry in Thailand. Total returns to shareholders of 113% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿23.15 per share.
Price Target Changed • May 23Price target increased to ฿15.00Up from ฿13.86, the current price target is an average from 2 analysts. New target price is 16% above last closing price of ฿12.90. Stock is up 88% over the past year.
Reported Earnings • May 17First quarter 2021 earnings released: EPS ฿0.20 (vs ฿0.21 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: ฿501.0m (up 23% from 1Q 2020). Net income: ฿183.1m (down 16% from 1Q 2020). Profit margin: 37% (down from 54% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 20% per year.
Upcoming Dividend • May 06Upcoming dividend of ฿0.011 per shareEligible shareholders must have bought the stock before 13 May 2021. Payment date: 28 May 2021. Trailing yield: 0.8%. Lower than top quartile of Thai dividend payers (4.9%). Lower than average of industry peers (2.0%).
Major Estimate Revision • Mar 16Analysts lower EPS estimates to ฿0.90The 2021 consensus revenue estimate was lowered from ฿2.68b to ฿2.65b. Earning per share (EPS) estimate was also lowered from ฿1.12 to ฿0.90 for the same period. Net income is expected to grow by 26% next year compared to 27% growth forecast for the Renewable Energy industry in Thailand. The consensus price target increased from ฿13.25 to ฿15.25. Share price is up 8.2% to ฿15.80 over the past week.
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to ฿14.30, the stock is trading at a trailing P/E ratio of 17.9x, down from the previous P/E ratio of 22x. This compares to an average P/E of 20x in the Renewable Energy industry in Thailand. Total returns to shareholders over the past three years are 106%.
Analyst Estimate Surprise Post Earnings • Feb 27Revenue and earnings miss expectationsRevenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 60%, compared to a 24% growth forecast for the Renewable Energy industry in Thailand.
Is New 90 Day High Low • Feb 10New 90-day high: ฿15.40The company is up 115% from its price of ฿7.15 on 12 November 2020. The Thai market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 10.0% over the same period.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿14.40, the stock is trading at a trailing P/E ratio of 18.7x, up from the previous P/E ratio of 16.1x. This compares to an average P/E of 18x in the Renewable Energy industry in Thailand. Total returns to shareholders over the past three years are 95%.
Is New 90 Day High Low • Jan 06New 90-day high: ฿12.40The company is up 71% from its price of ฿7.25 on 08 October 2020. The Thai market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 26% over the same period.
Is New 90 Day High Low • Dec 04New 90-day high: ฿11.50The company is up 56% from its price of ฿7.35 on 03 September 2020. The Thai market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 8.0% over the same period.
Major Estimate Revision • Dec 03Analysts update estimatesThe 2020 consensus revenue estimate was lowered from ฿2.52b to ฿2.30b. Earnings per share (EPS) increased from ฿0.76 to ฿0.91 for the same period. Net income is expected to grow by 41% next year compared to 22% growth forecast for the Renewable Energy industry in Thailand. The consensus price target increased from ฿9.20 to ฿16.00. Share price is up 7.8% to ฿11.00 over the past week.
Valuation Update With 7 Day Price Move • Dec 01Market bids up stock over the past weekAfter last week's 18% share price gain to ฿11.00, the stock is trading at a trailing P/E ratio of 14.2x, up from the previous P/E ratio of 12.1x. This compares to an average P/E of 16x in the Renewable Energy industry in Thailand. Total returns to shareholders over the past three years are 41%.
Valuation Update With 7 Day Price Move • Nov 25Market bids up stock over the past weekAfter last week's 20% share price gain to ฿10.20, the stock is trading at a trailing P/E ratio of 13.2x, up from the previous P/E ratio of 11x. This compares to an average P/E of 16x in the Renewable Energy industry in Thailand. Total returns to shareholders over the past three years are 22%.
Valuation Update With 7 Day Price Move • Nov 23Market bids up stock over the past weekAfter last week's 16% share price gain to ฿9.55, the stock is trading at a trailing P/E ratio of 12.4x, up from the previous P/E ratio of 10.7x. This compares to an average P/E of 15x in the Renewable Energy industry in Thailand. Total returns to shareholders over the past three years are 15%.
Valuation Update With 7 Day Price Move • Nov 19Market bids up stock over the past weekAfter last week's 20% share price gain to ฿8.55, the stock is trading at a trailing P/E ratio of 11.1x, up from the previous P/E ratio of 9.3x. This compares to an average P/E of 15x in the Renewable Energy industry in Thailand. Total returns to shareholders over the past three years are 3.2%.
Analyst Estimate Surprise Post Earnings • Nov 14Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 26%. Earnings per share (EPS) also surpassed analyst estimates by 65%. Over the next year, revenue is forecast to grow 50%, compared to a 14% growth forecast for the Renewable Energy industry in Thailand.
Is New 90 Day High Low • Nov 13New 90-day high: ฿7.95The company is up 5.0% from its price of ฿7.60 on 14 August 2020. The Thai market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is down 3.0% over the same period.
Is New 90 Day High Low • Oct 19New 90-day low: ฿6.85The company is down 14% from its price of ฿8.00 on 21 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Renewable Energy industry, which is down 19% over the same period.
Upcoming Dividend • Oct 07Upcoming Dividend of ฿0.11 Per ShareWill be paid on the 4th of November to those who are registered shareholders by the 14th of October. The trailing yield of 1.5% is below the top quartile of Thai dividend payers (7.0%), and is lower than industry peers (2.1%).