View ValuationLight Up Total Solution 향후 성장Future 기준 점검 0/6현재 Light Up Total Solution 의 성장과 수익을 예측할 만큼 분석가의 범위가 충분하지 않습니다.핵심 정보n/a이익 성장률n/aEPS 성장률Electrical 이익 성장26.2%매출 성장률n/a향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트17 Nov 2025최근 향후 성장 업데이트Major Estimate Revision • Jul 08Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ฿0.70 to ฿0.61. Revenue forecast unchanged from ฿1.21b at last update. Net income forecast to grow 83% next year vs 36% growth forecast for Electrical industry in Thailand. Consensus price target down from ฿21.00 to ฿15.00. Share price fell 12% to ฿4.26 over the past week.모든 업데이트 보기Recent updatesBuy Or Sell Opportunity • May 06Now 26% overvaluedOver the last 90 days, the stock has fallen 27% to ฿1.77. The fair value is estimated to be ฿1.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Mar 04Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: ฿0.049 loss per share (down from ฿0.43 profit in FY 2024). Revenue: ฿618.5m (up 31% from FY 2024). Net loss: ฿10.9m (down 114% from profit in FY 2024). Revenue missed analyst estimates by 9.6%. Earnings per share (EPS) were also behind analyst expectations.공지 • Mar 02Light Up Total Solution Public Company Limited, Annual General Meeting, Apr 30, 2026Light Up Total Solution Public Company Limited, Annual General Meeting, Apr 30, 2026, at 10:00 SE Asia Standard Time.Valuation Update With 7 Day Price Move • Mar 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿2.28, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 25x in the Electrical industry in Asia. Total loss to shareholders of 71% over the past year.Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 29%After last week's 29% share price gain to ฿3.10, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 24x in the Electrical industry in Asia. Total loss to shareholders of 66% over the past year.New Risk • Feb 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.8% average weekly change). High level of non-cash earnings (41% accrual ratio). Minor Risks Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (฿739.7m market cap, or US$23.8m).Valuation Update With 7 Day Price Move • Jan 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ฿2.56, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 24x in the Electrical industry in Asia. Total loss to shareholders of 77% over the past year.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ฿2.82, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 24x in the Electrical industry in Asia. Total loss to shareholders of 77% over the past year.Valuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿3.46, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 23x in the Electrical industry in Asia. Total loss to shareholders of 69% over the past year.Reported Earnings • Aug 16Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: ฿0.097 (up from ฿0.093 in 2Q 2024). Revenue: ฿133.9m (up 67% from 2Q 2024). Net income: ฿20.4m (up 21% from 2Q 2024). Profit margin: 15% (down from 21% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 78% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electrical industry in Asia.Valuation Update With 7 Day Price Move • Aug 14Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿4.62, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 20x in the Electrical industry in Asia. Total loss to shareholders of 22% over the past year.Valuation Update With 7 Day Price Move • Jul 10Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿4.14, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 19x in the Electrical industry in Asia. Total loss to shareholders of 49% over the past year.Major Estimate Revision • Jul 08Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ฿0.70 to ฿0.61. Revenue forecast unchanged from ฿1.21b at last update. Net income forecast to grow 83% next year vs 36% growth forecast for Electrical industry in Thailand. Consensus price target down from ฿21.00 to ฿15.00. Share price fell 12% to ฿4.26 over the past week.New Risk • Jun 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (65% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (฿983.0m market cap, or US$30.0m).New Risk • Jun 19New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (65% accrual ratio). Minor Risk Market cap is less than US$100m (฿859.5m market cap, or US$26.2m).Buy Or Sell Opportunity • Jun 17Now 21% overvaluedOver the last 90 days, the stock has fallen 38% to ฿4.28. The fair value is estimated to be ฿3.53, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 96% over the last year. Earnings per share has grown by 74%. Revenue is forecast to grow by 151% in a year. Earnings are forecast to grow by 83% in the next year.Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ฿4.14, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 18x in the Electrical industry in Asia. Total loss to shareholders of 49% over the past year.Reported Earnings • May 17First quarter 2025 earnings released: EPS: ฿0.09 (vs ฿0.10 in 1Q 2024)First quarter 2025 results: EPS: ฿0.09. Revenue: ฿127.9m (up 40% from 1Q 2024). Net income: ฿18.5m (up 23% from 1Q 2024). Profit margin: 14% (down from 17% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 51% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electrical industry in Asia.Valuation Update With 7 Day Price Move • May 16Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿5.30, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 18x in the Electrical industry in Asia. Total loss to shareholders of 41% over the past year.Valuation Update With 7 Day Price Move • Apr 18Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿6.30, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the Electrical industry in Asia.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿5.85, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 18x in the Electrical industry in Asia.Valuation Update With 7 Day Price Move • Mar 18Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿6.45, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 19x in the Electrical industry in Asia.공지 • Mar 04Light Up Total Solution Public Company Limited Announces Resignation of Avirut Ngarmsilpstian as DirectorLight Up Total Solution Public Company Limited informed that Mr. Avirut Ngarmsilpstian, who holds the position of Director, has resigned from his position as a Director of the Company due to personal commitments that prevent him from fulfilling his duties. This resignation is effective from March 1, 2025, onwards.Reported Earnings • Mar 04Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: ฿0.43 (up from ฿0.21 in FY 2023). Revenue: ฿472.9m (up 108% from FY 2023). Net income: ฿80.0m (up 155% from FY 2023). Profit margin: 17% (up from 14% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 8.0%. Earnings per share (EPS) exceeded analyst estimates by 16%. Revenue is forecast to grow 48% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electrical industry in Asia.공지 • Mar 03Light Up Total Solution Public Company Limited Announces Company Secretary ChangesLight Up Total Solution Public Company Limited informed that Ms. Nuchanat Sangchat has resigned from the position of Company Secretary and the Board of Directors Meeting held on February 28, 2025, a resolution was passed to appoint Ms. Thanipa Panpon. Became the Company Secretary in place of Ms. Nuchanat Sangchat with effect from March 1, 2025 onwards.Valuation Update With 7 Day Price Move • Feb 27Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ฿7.85, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Electrical industry in Asia.Valuation Update With 7 Day Price Move • Jan 31Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿11.10, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the Electrical industry in Asia.Valuation Update With 7 Day Price Move • Jan 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿13.50, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 19x in the Electrical industry in Asia.Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿14.20, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 19x in the Electrical industry in Asia.Buy Or Sell Opportunity • Nov 25Now 20% undervaluedOver the last 90 days, the stock has risen 93% to ฿11.70. The fair value is estimated to be ฿14.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 51%. Revenue is forecast to grow by 47% in 2 years. Earnings are forecast to grow by 69% in the next 2 years.Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ฿13.10, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 18x in the Electrical industry in Asia.Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ฿12.70, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 18x in the Electrical industry in Asia.Valuation Update With 7 Day Price Move • Sep 17Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿11.10, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 16x in the Electrical industry in Asia.Valuation Update With 7 Day Price Move • Aug 30Investor sentiment improves as stock rises 43%After last week's 43% share price gain to ฿8.15, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the Electrical industry in Asia.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: ฿0.093 (vs ฿0.008 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.093 (up from ฿0.008 in 2Q 2023). Revenue: ฿80.3m (up 120% from 2Q 2023). Net income: ฿16.9m (up ฿15.7m from 2Q 2023). Profit margin: 21% (up from 3.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electrical industry in Asia.Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿8.40, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Electrical industry in Asia.New Risk • May 20New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (฿1.87b market cap, or US$52.1m).공지 • May 18Light Up Total Solution Public Company Limited has completed an IPO in the amount of THB 165 million.Light Up Total Solution Public Company Limited has completed an IPO in the amount of THB 165 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 55,000,000 Price\Range: THB 3 Transaction Features: Reserved Share Offering이익 및 매출 성장 예측SET:LTS - 애널리스트 향후 추정치 및 과거 재무 데이터 (THB Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20261,37591-82-67112/31/2025618-114648N/A9/30/202555065-114-23N/A6/30/202556387-112-21N/A3/31/202551083-6821N/A12/31/202447380-117-31N/A9/30/202439759-39-37N/A6/30/2024303541618N/A3/31/2024260361619N/A12/31/2023228315557N/A9/30/2023246334142N/A6/30/2023261261617N/A3/31/2023258262627N/A12/31/20222321577N/A12/31/202116411N/AN/AN/A12/31/202029210N/AN/AN/A12/31/2019313-8N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: LTS 의 예상 수익 증가율이 절약률(2.2%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: LTS 의 수익이 TH 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: LTS 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: LTS 의 수익이 TH 시장보다 빠르게 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 매출: LTS 의 수익이 연간 20%보다 빠르게 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: LTS의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/09 05:13종가2026/05/08 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Light Up Total Solution Public Company Limited는 1명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Theethanat JindaratYuanta Securities (Thailand) Company Limited
Major Estimate Revision • Jul 08Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ฿0.70 to ฿0.61. Revenue forecast unchanged from ฿1.21b at last update. Net income forecast to grow 83% next year vs 36% growth forecast for Electrical industry in Thailand. Consensus price target down from ฿21.00 to ฿15.00. Share price fell 12% to ฿4.26 over the past week.
Buy Or Sell Opportunity • May 06Now 26% overvaluedOver the last 90 days, the stock has fallen 27% to ฿1.77. The fair value is estimated to be ฿1.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Mar 04Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: ฿0.049 loss per share (down from ฿0.43 profit in FY 2024). Revenue: ฿618.5m (up 31% from FY 2024). Net loss: ฿10.9m (down 114% from profit in FY 2024). Revenue missed analyst estimates by 9.6%. Earnings per share (EPS) were also behind analyst expectations.
공지 • Mar 02Light Up Total Solution Public Company Limited, Annual General Meeting, Apr 30, 2026Light Up Total Solution Public Company Limited, Annual General Meeting, Apr 30, 2026, at 10:00 SE Asia Standard Time.
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿2.28, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 25x in the Electrical industry in Asia. Total loss to shareholders of 71% over the past year.
Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 29%After last week's 29% share price gain to ฿3.10, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 24x in the Electrical industry in Asia. Total loss to shareholders of 66% over the past year.
New Risk • Feb 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.8% average weekly change). High level of non-cash earnings (41% accrual ratio). Minor Risks Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (฿739.7m market cap, or US$23.8m).
Valuation Update With 7 Day Price Move • Jan 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ฿2.56, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 24x in the Electrical industry in Asia. Total loss to shareholders of 77% over the past year.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ฿2.82, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 24x in the Electrical industry in Asia. Total loss to shareholders of 77% over the past year.
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿3.46, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 23x in the Electrical industry in Asia. Total loss to shareholders of 69% over the past year.
Reported Earnings • Aug 16Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: ฿0.097 (up from ฿0.093 in 2Q 2024). Revenue: ฿133.9m (up 67% from 2Q 2024). Net income: ฿20.4m (up 21% from 2Q 2024). Profit margin: 15% (down from 21% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 78% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electrical industry in Asia.
Valuation Update With 7 Day Price Move • Aug 14Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿4.62, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 20x in the Electrical industry in Asia. Total loss to shareholders of 22% over the past year.
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿4.14, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 19x in the Electrical industry in Asia. Total loss to shareholders of 49% over the past year.
Major Estimate Revision • Jul 08Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ฿0.70 to ฿0.61. Revenue forecast unchanged from ฿1.21b at last update. Net income forecast to grow 83% next year vs 36% growth forecast for Electrical industry in Thailand. Consensus price target down from ฿21.00 to ฿15.00. Share price fell 12% to ฿4.26 over the past week.
New Risk • Jun 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (65% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (฿983.0m market cap, or US$30.0m).
New Risk • Jun 19New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (65% accrual ratio). Minor Risk Market cap is less than US$100m (฿859.5m market cap, or US$26.2m).
Buy Or Sell Opportunity • Jun 17Now 21% overvaluedOver the last 90 days, the stock has fallen 38% to ฿4.28. The fair value is estimated to be ฿3.53, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 96% over the last year. Earnings per share has grown by 74%. Revenue is forecast to grow by 151% in a year. Earnings are forecast to grow by 83% in the next year.
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ฿4.14, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 18x in the Electrical industry in Asia. Total loss to shareholders of 49% over the past year.
Reported Earnings • May 17First quarter 2025 earnings released: EPS: ฿0.09 (vs ฿0.10 in 1Q 2024)First quarter 2025 results: EPS: ฿0.09. Revenue: ฿127.9m (up 40% from 1Q 2024). Net income: ฿18.5m (up 23% from 1Q 2024). Profit margin: 14% (down from 17% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 51% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electrical industry in Asia.
Valuation Update With 7 Day Price Move • May 16Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿5.30, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 18x in the Electrical industry in Asia. Total loss to shareholders of 41% over the past year.
Valuation Update With 7 Day Price Move • Apr 18Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿6.30, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the Electrical industry in Asia.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿5.85, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 18x in the Electrical industry in Asia.
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿6.45, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 19x in the Electrical industry in Asia.
공지 • Mar 04Light Up Total Solution Public Company Limited Announces Resignation of Avirut Ngarmsilpstian as DirectorLight Up Total Solution Public Company Limited informed that Mr. Avirut Ngarmsilpstian, who holds the position of Director, has resigned from his position as a Director of the Company due to personal commitments that prevent him from fulfilling his duties. This resignation is effective from March 1, 2025, onwards.
Reported Earnings • Mar 04Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: ฿0.43 (up from ฿0.21 in FY 2023). Revenue: ฿472.9m (up 108% from FY 2023). Net income: ฿80.0m (up 155% from FY 2023). Profit margin: 17% (up from 14% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 8.0%. Earnings per share (EPS) exceeded analyst estimates by 16%. Revenue is forecast to grow 48% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electrical industry in Asia.
공지 • Mar 03Light Up Total Solution Public Company Limited Announces Company Secretary ChangesLight Up Total Solution Public Company Limited informed that Ms. Nuchanat Sangchat has resigned from the position of Company Secretary and the Board of Directors Meeting held on February 28, 2025, a resolution was passed to appoint Ms. Thanipa Panpon. Became the Company Secretary in place of Ms. Nuchanat Sangchat with effect from March 1, 2025 onwards.
Valuation Update With 7 Day Price Move • Feb 27Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ฿7.85, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Electrical industry in Asia.
Valuation Update With 7 Day Price Move • Jan 31Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿11.10, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the Electrical industry in Asia.
Valuation Update With 7 Day Price Move • Jan 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿13.50, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 19x in the Electrical industry in Asia.
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿14.20, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 19x in the Electrical industry in Asia.
Buy Or Sell Opportunity • Nov 25Now 20% undervaluedOver the last 90 days, the stock has risen 93% to ฿11.70. The fair value is estimated to be ฿14.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 51%. Revenue is forecast to grow by 47% in 2 years. Earnings are forecast to grow by 69% in the next 2 years.
Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ฿13.10, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 18x in the Electrical industry in Asia.
Valuation Update With 7 Day Price Move • Oct 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ฿12.70, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 18x in the Electrical industry in Asia.
Valuation Update With 7 Day Price Move • Sep 17Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿11.10, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 16x in the Electrical industry in Asia.
Valuation Update With 7 Day Price Move • Aug 30Investor sentiment improves as stock rises 43%After last week's 43% share price gain to ฿8.15, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the Electrical industry in Asia.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: ฿0.093 (vs ฿0.008 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.093 (up from ฿0.008 in 2Q 2023). Revenue: ฿80.3m (up 120% from 2Q 2023). Net income: ฿16.9m (up ฿15.7m from 2Q 2023). Profit margin: 21% (up from 3.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electrical industry in Asia.
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿8.40, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Electrical industry in Asia.
New Risk • May 20New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (฿1.87b market cap, or US$52.1m).
공지 • May 18Light Up Total Solution Public Company Limited has completed an IPO in the amount of THB 165 million.Light Up Total Solution Public Company Limited has completed an IPO in the amount of THB 165 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 55,000,000 Price\Range: THB 3 Transaction Features: Reserved Share Offering