View ValuationSabina 향후 성장Future 기준 점검 2/6Sabina (는) 각각 연간 5% 및 3.5% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 5.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 24.4% 로 예상됩니다.핵심 정보5.0%이익 성장률5.24%EPS 성장률Luxury 이익 성장14.7%매출 성장률3.5%향후 자기자본이익률24.42%애널리스트 커버리지Low마지막 업데이트13 May 2026최근 향후 성장 업데이트Price Target Changed • May 29Price target decreased by 16% to ฿18.18Down from ฿21.73, the current price target is an average from 4 analysts. New target price is 11% above last closing price of ฿16.40. Stock is down 33% over the past year. The company is forecast to post earnings per share of ฿1.25 for next year compared to ฿1.34 last year.Price Target Changed • May 27Price target decreased by 12% to ฿20.23Down from ฿23.10, the current price target is an average from 4 analysts. New target price is 26% above last closing price of ฿16.10. Stock is down 35% over the past year. The company is forecast to post earnings per share of ฿1.26 for next year compared to ฿1.34 last year.Price Target Changed • Mar 13Price target decreased by 12% to ฿24.54Down from ฿27.75, the current price target is an average from 4 analysts. New target price is 26% above last closing price of ฿19.50. Stock is down 25% over the past year. The company is forecast to post earnings per share of ฿1.40 for next year compared to ฿1.34 last year.Price Target Changed • Jan 28Price target decreased by 8.5% to ฿26.13Down from ฿28.55, the current price target is an average from 5 analysts. New target price is 43% above last closing price of ฿18.30. Stock is down 33% over the past year. The company is forecast to post earnings per share of ฿1.31 for next year compared to ฿1.33 last year.Price Target Changed • Apr 27Price target increased to ฿26.23Up from ฿23.83, the current price target is an average from 4 analysts. New target price is 9.3% above last closing price of ฿24.00. Stock is up 13% over the past year. The company is forecast to post earnings per share of ฿1.12 for next year compared to ฿0.85 last year.Price Target Changed • Mar 21Price target increased to ฿25.63Up from ฿23.83, the current price target is an average from 4 analysts. New target price is 20% above last closing price of ฿21.40. Stock is up 1.4% over the past year. The company is forecast to post earnings per share of ฿1.12 for next year compared to ฿0.85 last year.모든 업데이트 보기Recent updatesReported Earnings • May 15First quarter 2026 earnings released: EPS: ฿0.30 (vs ฿0.29 in 1Q 2025)First quarter 2026 results: EPS: ฿0.30 (up from ฿0.29 in 1Q 2025). Revenue: ฿769.2m (down 9.0% from 1Q 2025). Net income: ฿103.0m (flat on 1Q 2025). Profit margin: 13% (up from 12% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Apr 23Upcoming dividend of ฿0.60 per shareEligible shareholders must have bought the stock before 30 April 2026. Payment date: 19 May 2026. Payout ratio is on the higher end at 100%, however this is supported by cash flows. Trailing yield: 7.6%. Within top quartile of Thai dividend payers (7.5%). In line with average of industry peers (7.3%).Declared Dividend • Feb 21Dividend reduced to ฿0.60Dividend of ฿0.60 is 7.7% lower than last year. Ex-date: 30th April 2026 Payment date: 19th May 2026 Dividend yield will be 6.9%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is covered by cash flows (50% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. EPS is expected to grow by 15% over the next 3 years, which should be enough to bring the dividend into a sustainable range.공시 • Feb 20Sabina Public Company Limited, Annual General Meeting, Apr 23, 2026Sabina Public Company Limited, Annual General Meeting, Apr 23, 2026, at 14:00 SE Asia Standard Time. Location: branch of company 7th floor, main-, conference room ,12 arunamarin road, khwang arunamarin khet bangkoknoi, bangkok 10700 ThailandReported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ฿0.28 (vs ฿0.32 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.28 (down from ฿0.32 in 3Q 2024). Revenue: ฿804.6m (down 8.6% from 3Q 2024). Net income: ฿96.9m (down 12% from 3Q 2024). Profit margin: 12% (in line with 3Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 20Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: ฿0.29 (down from ฿0.34 in 2Q 2024). Revenue: ฿847.6m (down 6.0% from 2Q 2024). Net income: ฿100.4m (down 15% from 2Q 2024). Profit margin: 12% (down from 13% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.8%. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Declared Dividend • Aug 16Dividend reduced to ฿0.58Dividend of ฿0.58 is 16% lower than last year. Ex-date: 27th August 2025 Payment date: 10th September 2025 Dividend yield will be 7.6%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is not covered by earnings (105% earnings payout ratio). However, it is covered by cash flows (63% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 16% to bring the payout ratio under control. EPS is expected to grow by 4.0% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Buy Or Sell Opportunity • Aug 06Now 24% overvaluedOver the last 90 days, the stock has fallen 11% to ฿16.10. The fair value is estimated to be ฿12.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 8.9%. Revenue is forecast to grow by 1.4% in 2 years. Earnings are forecast to grow by 0.7% in the next 2 years.Price Target Changed • May 29Price target decreased by 16% to ฿18.18Down from ฿21.73, the current price target is an average from 4 analysts. New target price is 11% above last closing price of ฿16.40. Stock is down 33% over the past year. The company is forecast to post earnings per share of ฿1.25 for next year compared to ฿1.34 last year.Price Target Changed • May 27Price target decreased by 12% to ฿20.23Down from ฿23.10, the current price target is an average from 4 analysts. New target price is 26% above last closing price of ฿16.10. Stock is down 35% over the past year. The company is forecast to post earnings per share of ฿1.26 for next year compared to ฿1.34 last year.Reported Earnings • May 17First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: ฿0.29 (down from ฿0.35 in 1Q 2024). Revenue: ฿845.1m (down 6.8% from 1Q 2024). Net income: ฿102.7m (down 16% from 1Q 2024). Profit margin: 12% (down from 14% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 6.3%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in Asia. 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 10% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 25Upcoming dividend of ฿0.65 per shareEligible shareholders must have bought the stock before 02 May 2025. Payment date: 20 May 2025. The company is paying out more than 100% of its profits and is paying out 81% of its cash flow. Trailing yield: 7.1%. Lower than top quartile of Thai dividend payers (7.9%). Higher than average of industry peers (5.4%).공시 • Apr 25Sabina Public Company Limited Approves Cash Dividend for the Year 2024, Payable on 20 May 2025Sabina Public Company Limited at its AGM held on April 24, 2025, approved dividend payment in the amount THB 1.34 per share, total 347.50 million shares, totaling to THB 465.65 Million. However, since the company has paid the dividend in the interim amounting THB 0.69 per share, total 347.50 million shares, totaling to THB 239.78 Million. Therefore, The dividend will be paid addition in the amount THB 0.65 per share, total 347.50 million shares, totaling to THB 225.88 Million. The mentioned dividend paid from 2024 retained earnings. According to with the dividend policy to shareholders at a rate of not less than 40% of net profit from the tax deduction and reserving the amount required by law. The list of the shareholders with the right to receive dividend would be announced on the 6 May 2025. The dividend is to be paid on the 20 May 2025.Price Target Changed • Mar 13Price target decreased by 12% to ฿24.54Down from ฿27.75, the current price target is an average from 4 analysts. New target price is 26% above last closing price of ฿19.50. Stock is down 25% over the past year. The company is forecast to post earnings per share of ฿1.40 for next year compared to ฿1.34 last year.Reported Earnings • Mar 02Full year 2024 earnings released: EPS: ฿1.34 (vs ฿1.33 in FY 2023)Full year 2024 results: EPS: ฿1.34 (up from ฿1.33 in FY 2023). Revenue: ฿3.58b (up 4.1% from FY 2023). Net income: ฿464.4m (flat on FY 2023). Profit margin: 13% (in line with FY 2023). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • Feb 27Sabina Public Company Limited, Annual General Meeting, Apr 24, 2025Sabina Public Company Limited, Annual General Meeting, Apr 24, 2025, at 14:00 SE Asia Standard Time. Location: branch of company 7th floor, room 702 , 12 arunamarin road, khwang arunamarin khet bangkoknoi, bangkok 10700 ThailandDeclared Dividend • Feb 27Dividend of ฿0.65 announcedShareholders will receive a dividend of ฿0.65. Ex-date: 2nd May 2025 Payment date: 20th May 2025 Dividend yield will be 7.1%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is not covered by earnings (102% earnings payout ratio) nor is it adequately covered by cash flows (98% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 13% to bring the payout ratio under control. EPS is expected to grow by 17% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.공시 • Feb 26Sabina Public Company Limited Proposes Cash Dividend for the Year 2024, Payable on 20 May 2025Sabina Public Company Limited proposed to the shareholders for approve dividend will be paid out of net profit in the amount THB 0.65 per share, total 347.50 million shares, totaling to THB 225.88 Million. The mentioned dividend paid from 2024 retained earnings. According to with the dividend policy to shareholders at a rate of not less than 40% of net profit from the tax deduction and reserving the amount required by law. The list of the shareholders with the right to receive dividend would be announced on the 6th May, 2025. The dividend is to be paid on the 20th May 2025. Ex-dividend date is 02 May 2025.Price Target Changed • Jan 28Price target decreased by 8.5% to ฿26.13Down from ฿28.55, the current price target is an average from 5 analysts. New target price is 43% above last closing price of ฿18.30. Stock is down 33% over the past year. The company is forecast to post earnings per share of ฿1.31 for next year compared to ฿1.33 last year.공시 • Dec 26+ 1 more updateSabina Public Company Limited Announces Management ChangesSabina Public Company Limited informed the Board of Directors Meeting held on December 23, 2024. The key resolution were as follows: Acknowledge the resignation of Mr. Somkid Pardungkiattisak, Company's Directors, Executive committee, Risk Management Committee, effective on December 31,2024, due to retirement . His resignation has been acknowledged. Approved the appointment of Ms. Vaja Mukto Company's Directors, Executive committee and Company secretary as a Risk Management Committee and Chief Accounting officer, effective on January 1, 2025. Approved the appointment of changing the Company's authorized signatories as follows: By removing the name of Mr. Somkid Pardungkiattisak from the Company's authorized signatories. Current Version: 1. Mr. Viroj Thanalongkorn 2.Mr. Bunchai Punturaumporn 3.Mr. Somkid Pardungkiattisak 4.Ms. Duangdao Mahanavanont 5.Ms. Pitcha Thanalongkorn 6.Ms. Vaja Mukto 2 of these 6 Directors jointly sign with the Company's seal affixed. Amendment Version: 1.Mr. Viroj Thanalongkorn 2.Mr. Bunchai Punturaumporn 3.Ms. Duangdao Mahanavanont 4.Ms. Pitcha Thanalongkorn 5.Ms. Vaja Mukto 2 of these 5 Directors jointly sign with the Company's seal affixed. This amendment shall be effect from January 1, 2025. The Company will register the change of the authorized directors with the Department of Business Development, Ministry of Commerce in due course. Acknowledge the resignation of Ms. Vaja Mukto,Company Secretary,effective on December 31,2024 Approved the appointment of Ms. Amonrat Wongwilart,effective on January 1, 2025.Declared Dividend • Aug 15First half dividend increased to ฿0.69Dividend of ฿0.69 is 4.5% higher than last year. Ex-date: 26th August 2024 Payment date: 10th September 2024 Dividend yield will be 6.4%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is not adequately covered by earnings (98% earnings payout ratio) nor is it covered by cash flows (112% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 8.5% to bring the payout ratio under control. EPS is expected to grow by 30% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Aug 14Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: ฿0.34 (up from ฿0.33 in 2Q 2023). Revenue: ฿905.1m (up 7.0% from 2Q 2023). Net income: ฿117.9m (up 4.5% from 2Q 2023). Profit margin: 13% (in line with 2Q 2023). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 1.4%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Jul 19Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to ฿21.50. The fair value is estimated to be ฿27.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 22% in the next 2 years.Reported Earnings • May 15First quarter 2024 earnings released: EPS: ฿0.35 (vs ฿0.34 in 1Q 2023)First quarter 2024 results: EPS: ฿0.35 (up from ฿0.34 in 1Q 2023). Revenue: ฿906.5m (up 3.7% from 1Q 2023). Net income: ฿122.7m (up 4.7% from 1Q 2023). Profit margin: 14% (in line with 1Q 2023). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.공시 • Apr 27+ 1 more updateSabina Public Company Limited Approves Annual Dividend Payment for the Year 2023, to Be Paid on the 17 May 2024Sabina Public Company Limited hereby reports the resolutions of the Annual General Meeting held on April 25, 2024 Approved the Annual dividend payment and appropriation of statutory reserve for the year 2023 Dividend payment in the amount 1.33 Baht per share,total 347.50 million shares, totaling to TBH 462.18 Million However, since the company has paid the dividend in the interim amounting TBH 0.66 per share,total 347.50 million shares, totaling to 229.35 Million Baht. Therefore, The dividend will be paid addition in the amount 0.67 Baht per share, total 347.50 million shares,totaling to 232.83 Million Baht. The mentioned dividend paid from 2023 retained earnings. According to with the dividend policy to shareholders at a rate of not less than 40% of net profit from the tax deduction and reserving the amount required by law. The list of the shareholders with the right to receive dividend would be announced on the 7 May 2024. The dividend is to be paid on the 17 May 2024.Upcoming Dividend • Apr 26Upcoming dividend of ฿0.67 per shareEligible shareholders must have bought the stock before 03 May 2024. Payment date: 17 May 2024. Payout ratio is on the higher end at 100%, however this is supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Thai dividend payers (5.9%). Higher than average of industry peers (3.8%).Reported Earnings • Feb 27Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: ฿1.33 (up from ฿1.20 in FY 2022). Revenue: ฿3.44b (up 8.3% from FY 2022). Net income: ฿462.5m (up 11% from FY 2022). Profit margin: 13% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.8%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Declared Dividend • Feb 24Dividend increased to ฿0.67Dividend of ฿0.67 is 14% higher than last year. Ex-date: 3rd May 2024 Payment date: 17th May 2024 Dividend yield will be 5.1%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it covered by cash flows (135% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 6.1% to bring the payout ratio under control. EPS is expected to grow by 24% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.공시 • Feb 23+ 1 more updateSabina Public Company Limited, Annual General Meeting, Apr 25, 2024Sabina Public Company Limited, Annual General Meeting, Apr 25, 2024, at 14:00 SE Asia Standard Time. Location: at branch of Company 7th Floor, room 702, 12 Arunamarin Road ,Khwang Arunamarin Khet Bangkoknoi, Bangkok Thailand Agenda: To consider and acknowledge the reports of the company's operating results for the year ended December 31, 2023; to consider and approve Statement of Financial Position , Profit and Loss Statement, and Statement of Comprehensive Income for the year ended December 31, 2023; to consider and approve the annual dividend payment and appropriation of statutory reserve for the year 2023; to consider and approve to re-appointment of directors who for retired term , Also appointed one additional Audit Committee; to consider and approve the directors' remuneration; and to consider other business matters.Reported Earnings • Nov 18Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: ฿0.34 (up from ฿0.29 in 3Q 2022). Revenue: ฿851.8m (up 9.1% from 3Q 2022). Net income: ฿118.9m (up 19% from 3Q 2022). Profit margin: 14% (up from 13% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.8%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has increased by 19% 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 • Aug 21Upcoming dividend of ฿0.66 per share at 5.1% yieldEligible shareholders must have bought the stock before 28 August 2023. Payment date: 12 September 2023. Payout ratio and cash payout ratio are on the higher end at 100% and 92% respectively. Trailing yield: 5.1%. Lower than top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (3.4%).New Risk • Aug 18New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 100% Cash payout ratio: 106% Dividend yield: 4.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 100% Cash payout ratio: 106% Minor Risk Share price has been volatile over the past 3 months (6.1% average weekly change).Reported Earnings • Aug 18Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: ฿0.33 (up from ฿0.32 in 2Q 2022). Revenue: ฿849.7m (up 1.0% from 2Q 2022). Net income: ฿115.1m (up 5.3% from 2Q 2022). Profit margin: 14% (in line with 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.5%. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year.Upcoming Dividend • Apr 26Upcoming dividend of ฿0.59 per share at 4.4% yieldEligible shareholders must have bought the stock before 03 May 2023. Payment date: 19 May 2023. Payout ratio is on the higher end at 100%, however this is supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Thai dividend payers (6.2%). Higher than average of industry peers (3.6%).Reported Earnings • Feb 23Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: ฿1.20 (up from ฿0.85 in FY 2021). Revenue: ฿3.19b (up 20% from FY 2021). Net income: ฿417.2m (up 42% from FY 2021). Profit margin: 13% (up from 11% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 18Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: ฿0.29 (up from ฿0.16 in 3Q 2021). Revenue: ฿781.3m (up 43% from 3Q 2021). Net income: ฿100.2m (up 82% from 3Q 2021). Profit margin: 13% (up from 10% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 3.3%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Director Pensri Suteerasan was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Aug 17Upcoming dividend of ฿0.61 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 08 September 2022. Payout ratio is on the higher end at 93%, however this is supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Thai dividend payers (5.4%). In line with average of industry peers (3.2%).Upcoming Dividend • Apr 28Upcoming dividend of ฿0.44 per shareEligible shareholders must have bought the stock before 05 May 2022. Payment date: 19 May 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.5%. Lower than top quartile of Thai dividend payers (5.1%). In line with average of industry peers (3.4%).Price Target Changed • Apr 27Price target increased to ฿26.23Up from ฿23.83, the current price target is an average from 4 analysts. New target price is 9.3% above last closing price of ฿24.00. Stock is up 13% over the past year. The company is forecast to post earnings per share of ฿1.12 for next year compared to ฿0.85 last year.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 7 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Director Pensri Suteerasan was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Price Target Changed • Mar 21Price target increased to ฿25.63Up from ฿23.83, the current price target is an average from 4 analysts. New target price is 20% above last closing price of ฿21.40. Stock is up 1.4% over the past year. The company is forecast to post earnings per share of ฿1.12 for next year compared to ฿0.85 last year.Reported Earnings • Feb 22Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: ฿0.85 (up from ฿0.80 in FY 2020). Revenue: ฿2.66b (down 8.8% from FY 2020). Net income: ฿294.2m (up 6.3% from FY 2020). Profit margin: 11% (up from 9.5% in FY 2020). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 18%, compared to a 35% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year.Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS ฿0.16 (vs ฿0.25 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: ฿547.2m (down 33% from 3Q 2020). Net income: ฿55.2m (down 36% from 3Q 2020). Profit margin: 10% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 14% per year.Major Estimate Revision • Aug 20Consensus revenue estimates fall to ฿2.50bThe consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from ฿2.96b to ฿2.50b. EPS estimate fell from ฿0.80 to ฿0.70 per share. Net income forecast to grow 5.2% next year vs 26% growth forecast for Luxury industry in Thailand. Consensus price target broadly unchanged at ฿23.63. Share price was steady at ฿19.30 over the past week.Upcoming Dividend • Aug 19Upcoming dividend of ฿0.41 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 10 September 2021. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (3.7%).Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS ฿0.18 (vs ฿0.14 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ฿633.1m (down 4.0% from 2Q 2020). Net income: ฿62.7m (up 24% from 2Q 2020). Profit margin: 9.9% (up from 7.6% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.Major Estimate Revision • Aug 06Consensus EPS estimates fall to ฿0.80The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from ฿3.11b to ฿2.96b. EPS estimate also fell from ฿0.99 to ฿0.80. Net income forecast to grow 17% next year vs 29% growth forecast for Luxury industry in Thailand. Consensus price target broadly unchanged at ฿23.91. Share price was steady at ฿19.00 over the past week.Reported Earnings • May 14First quarter 2021 earnings released: EPS ฿0.23 (vs ฿0.20 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ฿672.3m (down 1.1% from 1Q 2020). Net income: ฿78.4m (up 11% from 1Q 2020). Profit margin: 12% (up from 10% in 1Q 2020). The increase in margin was driven by lower expenses. 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 14% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Apr 29Upcoming dividend of ฿0.45 per shareEligible shareholders must have bought the stock before 06 May 2021. Payment date: 21 May 2021. Trailing yield: 3.7%. Lower than top quartile of Thai dividend payers (4.8%). In line with average of industry peers (3.5%).Is New 90 Day High Low • Feb 22New 90-day low: ฿19.20The company is down 12% from its price of ฿21.70 on 24 November 2020. The Thai market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿8.00 per share.Reported Earnings • Feb 20Full year 2020 earnings released: EPS ฿0.80 (vs ฿1.19 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿2.91b (down 12% from FY 2019). Net income: ฿276.8m (down 33% from FY 2019). Profit margin: 9.5% (down from 13% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Feb 20Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 4.8%. Over the next year, revenue is forecast to grow 4.3%, compared to a 18% growth forecast for the Luxury industry in Thailand.Is New 90 Day High Low • Jan 22New 90-day low: ฿19.80The company is down 7.0% from its price of ฿21.20 on 22 October 2020. The Thai market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿8.22 per share.Price Target Changed • Nov 18Price target raised to ฿23.50Up from ฿21.33, the current price target is an average from 3 analysts. The new target price is 8.8% above the current share price of ฿21.60. As of last close, the stock is down 24% over the past year.Analyst Estimate Surprise Post Earnings • Nov 14Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 7.4%. Earnings per share (EPS) also surpassed analyst estimates by 28%. Over the next year, revenue is forecast to stay flat compared to a 16% growth forecast for the Luxury industry in Thailand.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS ฿0.24The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿815.1m (down 3.7% from 3Q 2019). Net income: ฿85.8m (down 26% from 3Q 2019). Profit margin: 11% (down from 14% in 3Q 2019). The decrease in margin was driven by lower revenue. 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 4% per year, which means it is significantly lagging earnings.Price Target Changed • Sep 21Price target raised to ฿22.25Up from ฿20.60, the current price target is an average from 4 analysts. The new target price is 6.5% above the current share price of ฿20.90. As of last close, the stock is down 27% over the past year.이익 및 매출 성장 예측SET:SABINA - 애널리스트 향후 추정치 및 과거 재무 데이터 (THB Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20283,555475N/AN/A112/31/20273,512445389N/A312/31/20263,397423276N/A23/31/20263,262411N/AN/AN/A12/31/20253,338411822887N/A9/30/20253,392414849902N/A6/30/20253,467427917968N/A3/31/20253,521444734777N/A12/31/20243,583464578623N/A9/30/20243,559464490535N/A6/30/20243,530473412452N/A3/31/20243,475468410458N/A12/31/20233,443463355409N/A9/30/20233,406455323380N/A6/30/20233,335436395457N/A3/31/20233,330433570624N/A12/31/20223,180417643682N/A9/30/20223,148409793827N/A6/30/20222,915364691718N/A3/31/20222,703317535558N/A12/31/20212,652294581600N/A9/30/20212,609266417439N/A6/30/20212,874297579605N/A3/31/20212,904285580605N/A12/31/20202,912277295330N/A9/30/20202,957303310341N/A6/30/20202,9903344679N/A3/31/20203,196388-108-72N/A12/31/20193,291413N/A-105N/A9/30/20193,262392N/A-123N/A6/30/20193,267386N/A46N/A3/31/20193,186377N/A115N/A12/31/20183,101362N/A237N/A9/30/20183,001337N/A383N/A6/30/20182,885305N/A386N/A3/31/20182,789272N/A481N/A12/31/20172,679243N/A535N/A9/30/20172,632253N/A409N/A6/30/20172,442206N/A273N/A3/31/20172,405191N/A223N/A12/31/20162,397176N/A271N/A9/30/20162,414178N/A319N/A6/30/20162,472187N/A364N/A3/31/20162,392169N/A316N/A12/31/20152,308166N/A280N/A9/30/20152,259160N/A234N/A6/30/20152,192147N/A189N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: SABINA 의 연간 예상 수익 증가율(5%)이 saving rate(2.2%)보다 높습니다.수익 vs 시장: SABINA 의 연간 수익(5%)이 TH 시장(10.3%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: SABINA 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: SABINA 의 수익(연간 3.5%)이 TH 시장(연간 9.6%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: SABINA 의 수익(연간 3.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: SABINA의 자본 수익률은 3년 후 24.4%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-durables 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 07:27종가2026/05/21 00:00수익2026/03/31연간 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 소스Sabina Public Company Limited는 5명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Sirilak KonwaiKrungsri Securities Public Company LimitedAnuwat SrikajornratkulKrungsri Securities Public Company LimitedSuttatip PeerasubMaybank Research Pte. Ltd.2명의 분석가 더 보기
Price Target Changed • May 29Price target decreased by 16% to ฿18.18Down from ฿21.73, the current price target is an average from 4 analysts. New target price is 11% above last closing price of ฿16.40. Stock is down 33% over the past year. The company is forecast to post earnings per share of ฿1.25 for next year compared to ฿1.34 last year.
Price Target Changed • May 27Price target decreased by 12% to ฿20.23Down from ฿23.10, the current price target is an average from 4 analysts. New target price is 26% above last closing price of ฿16.10. Stock is down 35% over the past year. The company is forecast to post earnings per share of ฿1.26 for next year compared to ฿1.34 last year.
Price Target Changed • Mar 13Price target decreased by 12% to ฿24.54Down from ฿27.75, the current price target is an average from 4 analysts. New target price is 26% above last closing price of ฿19.50. Stock is down 25% over the past year. The company is forecast to post earnings per share of ฿1.40 for next year compared to ฿1.34 last year.
Price Target Changed • Jan 28Price target decreased by 8.5% to ฿26.13Down from ฿28.55, the current price target is an average from 5 analysts. New target price is 43% above last closing price of ฿18.30. Stock is down 33% over the past year. The company is forecast to post earnings per share of ฿1.31 for next year compared to ฿1.33 last year.
Price Target Changed • Apr 27Price target increased to ฿26.23Up from ฿23.83, the current price target is an average from 4 analysts. New target price is 9.3% above last closing price of ฿24.00. Stock is up 13% over the past year. The company is forecast to post earnings per share of ฿1.12 for next year compared to ฿0.85 last year.
Price Target Changed • Mar 21Price target increased to ฿25.63Up from ฿23.83, the current price target is an average from 4 analysts. New target price is 20% above last closing price of ฿21.40. Stock is up 1.4% over the past year. The company is forecast to post earnings per share of ฿1.12 for next year compared to ฿0.85 last year.
Reported Earnings • May 15First quarter 2026 earnings released: EPS: ฿0.30 (vs ฿0.29 in 1Q 2025)First quarter 2026 results: EPS: ฿0.30 (up from ฿0.29 in 1Q 2025). Revenue: ฿769.2m (down 9.0% from 1Q 2025). Net income: ฿103.0m (flat on 1Q 2025). Profit margin: 13% (up from 12% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Apr 23Upcoming dividend of ฿0.60 per shareEligible shareholders must have bought the stock before 30 April 2026. Payment date: 19 May 2026. Payout ratio is on the higher end at 100%, however this is supported by cash flows. Trailing yield: 7.6%. Within top quartile of Thai dividend payers (7.5%). In line with average of industry peers (7.3%).
Declared Dividend • Feb 21Dividend reduced to ฿0.60Dividend of ฿0.60 is 7.7% lower than last year. Ex-date: 30th April 2026 Payment date: 19th May 2026 Dividend yield will be 6.9%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is covered by cash flows (50% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. EPS is expected to grow by 15% over the next 3 years, which should be enough to bring the dividend into a sustainable range.
공시 • Feb 20Sabina Public Company Limited, Annual General Meeting, Apr 23, 2026Sabina Public Company Limited, Annual General Meeting, Apr 23, 2026, at 14:00 SE Asia Standard Time. Location: branch of company 7th floor, main-, conference room ,12 arunamarin road, khwang arunamarin khet bangkoknoi, bangkok 10700 Thailand
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ฿0.28 (vs ฿0.32 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.28 (down from ฿0.32 in 3Q 2024). Revenue: ฿804.6m (down 8.6% from 3Q 2024). Net income: ฿96.9m (down 12% from 3Q 2024). Profit margin: 12% (in line with 3Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 20Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: ฿0.29 (down from ฿0.34 in 2Q 2024). Revenue: ฿847.6m (down 6.0% from 2Q 2024). Net income: ฿100.4m (down 15% from 2Q 2024). Profit margin: 12% (down from 13% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.8%. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Declared Dividend • Aug 16Dividend reduced to ฿0.58Dividend of ฿0.58 is 16% lower than last year. Ex-date: 27th August 2025 Payment date: 10th September 2025 Dividend yield will be 7.6%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is not covered by earnings (105% earnings payout ratio). However, it is covered by cash flows (63% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 16% to bring the payout ratio under control. EPS is expected to grow by 4.0% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Buy Or Sell Opportunity • Aug 06Now 24% overvaluedOver the last 90 days, the stock has fallen 11% to ฿16.10. The fair value is estimated to be ฿12.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 8.9%. Revenue is forecast to grow by 1.4% in 2 years. Earnings are forecast to grow by 0.7% in the next 2 years.
Price Target Changed • May 29Price target decreased by 16% to ฿18.18Down from ฿21.73, the current price target is an average from 4 analysts. New target price is 11% above last closing price of ฿16.40. Stock is down 33% over the past year. The company is forecast to post earnings per share of ฿1.25 for next year compared to ฿1.34 last year.
Price Target Changed • May 27Price target decreased by 12% to ฿20.23Down from ฿23.10, the current price target is an average from 4 analysts. New target price is 26% above last closing price of ฿16.10. Stock is down 35% over the past year. The company is forecast to post earnings per share of ฿1.26 for next year compared to ฿1.34 last year.
Reported Earnings • May 17First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: ฿0.29 (down from ฿0.35 in 1Q 2024). Revenue: ฿845.1m (down 6.8% from 1Q 2024). Net income: ฿102.7m (down 16% from 1Q 2024). Profit margin: 12% (down from 14% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 6.3%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in Asia. 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 10% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 25Upcoming dividend of ฿0.65 per shareEligible shareholders must have bought the stock before 02 May 2025. Payment date: 20 May 2025. The company is paying out more than 100% of its profits and is paying out 81% of its cash flow. Trailing yield: 7.1%. Lower than top quartile of Thai dividend payers (7.9%). Higher than average of industry peers (5.4%).
공시 • Apr 25Sabina Public Company Limited Approves Cash Dividend for the Year 2024, Payable on 20 May 2025Sabina Public Company Limited at its AGM held on April 24, 2025, approved dividend payment in the amount THB 1.34 per share, total 347.50 million shares, totaling to THB 465.65 Million. However, since the company has paid the dividend in the interim amounting THB 0.69 per share, total 347.50 million shares, totaling to THB 239.78 Million. Therefore, The dividend will be paid addition in the amount THB 0.65 per share, total 347.50 million shares, totaling to THB 225.88 Million. The mentioned dividend paid from 2024 retained earnings. According to with the dividend policy to shareholders at a rate of not less than 40% of net profit from the tax deduction and reserving the amount required by law. The list of the shareholders with the right to receive dividend would be announced on the 6 May 2025. The dividend is to be paid on the 20 May 2025.
Price Target Changed • Mar 13Price target decreased by 12% to ฿24.54Down from ฿27.75, the current price target is an average from 4 analysts. New target price is 26% above last closing price of ฿19.50. Stock is down 25% over the past year. The company is forecast to post earnings per share of ฿1.40 for next year compared to ฿1.34 last year.
Reported Earnings • Mar 02Full year 2024 earnings released: EPS: ฿1.34 (vs ฿1.33 in FY 2023)Full year 2024 results: EPS: ฿1.34 (up from ฿1.33 in FY 2023). Revenue: ฿3.58b (up 4.1% from FY 2023). Net income: ฿464.4m (flat on FY 2023). Profit margin: 13% (in line with FY 2023). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • Feb 27Sabina Public Company Limited, Annual General Meeting, Apr 24, 2025Sabina Public Company Limited, Annual General Meeting, Apr 24, 2025, at 14:00 SE Asia Standard Time. Location: branch of company 7th floor, room 702 , 12 arunamarin road, khwang arunamarin khet bangkoknoi, bangkok 10700 Thailand
Declared Dividend • Feb 27Dividend of ฿0.65 announcedShareholders will receive a dividend of ฿0.65. Ex-date: 2nd May 2025 Payment date: 20th May 2025 Dividend yield will be 7.1%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is not covered by earnings (102% earnings payout ratio) nor is it adequately covered by cash flows (98% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 13% to bring the payout ratio under control. EPS is expected to grow by 17% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
공시 • Feb 26Sabina Public Company Limited Proposes Cash Dividend for the Year 2024, Payable on 20 May 2025Sabina Public Company Limited proposed to the shareholders for approve dividend will be paid out of net profit in the amount THB 0.65 per share, total 347.50 million shares, totaling to THB 225.88 Million. The mentioned dividend paid from 2024 retained earnings. According to with the dividend policy to shareholders at a rate of not less than 40% of net profit from the tax deduction and reserving the amount required by law. The list of the shareholders with the right to receive dividend would be announced on the 6th May, 2025. The dividend is to be paid on the 20th May 2025. Ex-dividend date is 02 May 2025.
Price Target Changed • Jan 28Price target decreased by 8.5% to ฿26.13Down from ฿28.55, the current price target is an average from 5 analysts. New target price is 43% above last closing price of ฿18.30. Stock is down 33% over the past year. The company is forecast to post earnings per share of ฿1.31 for next year compared to ฿1.33 last year.
공시 • Dec 26+ 1 more updateSabina Public Company Limited Announces Management ChangesSabina Public Company Limited informed the Board of Directors Meeting held on December 23, 2024. The key resolution were as follows: Acknowledge the resignation of Mr. Somkid Pardungkiattisak, Company's Directors, Executive committee, Risk Management Committee, effective on December 31,2024, due to retirement . His resignation has been acknowledged. Approved the appointment of Ms. Vaja Mukto Company's Directors, Executive committee and Company secretary as a Risk Management Committee and Chief Accounting officer, effective on January 1, 2025. Approved the appointment of changing the Company's authorized signatories as follows: By removing the name of Mr. Somkid Pardungkiattisak from the Company's authorized signatories. Current Version: 1. Mr. Viroj Thanalongkorn 2.Mr. Bunchai Punturaumporn 3.Mr. Somkid Pardungkiattisak 4.Ms. Duangdao Mahanavanont 5.Ms. Pitcha Thanalongkorn 6.Ms. Vaja Mukto 2 of these 6 Directors jointly sign with the Company's seal affixed. Amendment Version: 1.Mr. Viroj Thanalongkorn 2.Mr. Bunchai Punturaumporn 3.Ms. Duangdao Mahanavanont 4.Ms. Pitcha Thanalongkorn 5.Ms. Vaja Mukto 2 of these 5 Directors jointly sign with the Company's seal affixed. This amendment shall be effect from January 1, 2025. The Company will register the change of the authorized directors with the Department of Business Development, Ministry of Commerce in due course. Acknowledge the resignation of Ms. Vaja Mukto,Company Secretary,effective on December 31,2024 Approved the appointment of Ms. Amonrat Wongwilart,effective on January 1, 2025.
Declared Dividend • Aug 15First half dividend increased to ฿0.69Dividend of ฿0.69 is 4.5% higher than last year. Ex-date: 26th August 2024 Payment date: 10th September 2024 Dividend yield will be 6.4%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is not adequately covered by earnings (98% earnings payout ratio) nor is it covered by cash flows (112% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 8.5% to bring the payout ratio under control. EPS is expected to grow by 30% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Aug 14Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: ฿0.34 (up from ฿0.33 in 2Q 2023). Revenue: ฿905.1m (up 7.0% from 2Q 2023). Net income: ฿117.9m (up 4.5% from 2Q 2023). Profit margin: 13% (in line with 2Q 2023). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 1.4%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Jul 19Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to ฿21.50. The fair value is estimated to be ฿27.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 22% in the next 2 years.
Reported Earnings • May 15First quarter 2024 earnings released: EPS: ฿0.35 (vs ฿0.34 in 1Q 2023)First quarter 2024 results: EPS: ฿0.35 (up from ฿0.34 in 1Q 2023). Revenue: ฿906.5m (up 3.7% from 1Q 2023). Net income: ฿122.7m (up 4.7% from 1Q 2023). Profit margin: 14% (in line with 1Q 2023). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
공시 • Apr 27+ 1 more updateSabina Public Company Limited Approves Annual Dividend Payment for the Year 2023, to Be Paid on the 17 May 2024Sabina Public Company Limited hereby reports the resolutions of the Annual General Meeting held on April 25, 2024 Approved the Annual dividend payment and appropriation of statutory reserve for the year 2023 Dividend payment in the amount 1.33 Baht per share,total 347.50 million shares, totaling to TBH 462.18 Million However, since the company has paid the dividend in the interim amounting TBH 0.66 per share,total 347.50 million shares, totaling to 229.35 Million Baht. Therefore, The dividend will be paid addition in the amount 0.67 Baht per share, total 347.50 million shares,totaling to 232.83 Million Baht. The mentioned dividend paid from 2023 retained earnings. According to with the dividend policy to shareholders at a rate of not less than 40% of net profit from the tax deduction and reserving the amount required by law. The list of the shareholders with the right to receive dividend would be announced on the 7 May 2024. The dividend is to be paid on the 17 May 2024.
Upcoming Dividend • Apr 26Upcoming dividend of ฿0.67 per shareEligible shareholders must have bought the stock before 03 May 2024. Payment date: 17 May 2024. Payout ratio is on the higher end at 100%, however this is supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Thai dividend payers (5.9%). Higher than average of industry peers (3.8%).
Reported Earnings • Feb 27Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: ฿1.33 (up from ฿1.20 in FY 2022). Revenue: ฿3.44b (up 8.3% from FY 2022). Net income: ฿462.5m (up 11% from FY 2022). Profit margin: 13% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.8%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Feb 24Dividend increased to ฿0.67Dividend of ฿0.67 is 14% higher than last year. Ex-date: 3rd May 2024 Payment date: 17th May 2024 Dividend yield will be 5.1%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it covered by cash flows (135% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 6.1% to bring the payout ratio under control. EPS is expected to grow by 24% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.
공시 • Feb 23+ 1 more updateSabina Public Company Limited, Annual General Meeting, Apr 25, 2024Sabina Public Company Limited, Annual General Meeting, Apr 25, 2024, at 14:00 SE Asia Standard Time. Location: at branch of Company 7th Floor, room 702, 12 Arunamarin Road ,Khwang Arunamarin Khet Bangkoknoi, Bangkok Thailand Agenda: To consider and acknowledge the reports of the company's operating results for the year ended December 31, 2023; to consider and approve Statement of Financial Position , Profit and Loss Statement, and Statement of Comprehensive Income for the year ended December 31, 2023; to consider and approve the annual dividend payment and appropriation of statutory reserve for the year 2023; to consider and approve to re-appointment of directors who for retired term , Also appointed one additional Audit Committee; to consider and approve the directors' remuneration; and to consider other business matters.
Reported Earnings • Nov 18Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: ฿0.34 (up from ฿0.29 in 3Q 2022). Revenue: ฿851.8m (up 9.1% from 3Q 2022). Net income: ฿118.9m (up 19% from 3Q 2022). Profit margin: 14% (up from 13% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.8%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has increased by 19% 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 • Aug 21Upcoming dividend of ฿0.66 per share at 5.1% yieldEligible shareholders must have bought the stock before 28 August 2023. Payment date: 12 September 2023. Payout ratio and cash payout ratio are on the higher end at 100% and 92% respectively. Trailing yield: 5.1%. Lower than top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (3.4%).
New Risk • Aug 18New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 100% Cash payout ratio: 106% Dividend yield: 4.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 100% Cash payout ratio: 106% Minor Risk Share price has been volatile over the past 3 months (6.1% average weekly change).
Reported Earnings • Aug 18Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: ฿0.33 (up from ฿0.32 in 2Q 2022). Revenue: ฿849.7m (up 1.0% from 2Q 2022). Net income: ฿115.1m (up 5.3% from 2Q 2022). Profit margin: 14% (in line with 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.5%. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year.
Upcoming Dividend • Apr 26Upcoming dividend of ฿0.59 per share at 4.4% yieldEligible shareholders must have bought the stock before 03 May 2023. Payment date: 19 May 2023. Payout ratio is on the higher end at 100%, however this is supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Thai dividend payers (6.2%). Higher than average of industry peers (3.6%).
Reported Earnings • Feb 23Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: ฿1.20 (up from ฿0.85 in FY 2021). Revenue: ฿3.19b (up 20% from FY 2021). Net income: ฿417.2m (up 42% from FY 2021). Profit margin: 13% (up from 11% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 18Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: ฿0.29 (up from ฿0.16 in 3Q 2021). Revenue: ฿781.3m (up 43% from 3Q 2021). Net income: ฿100.2m (up 82% from 3Q 2021). Profit margin: 13% (up from 10% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 3.3%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Director Pensri Suteerasan was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Aug 17Upcoming dividend of ฿0.61 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 08 September 2022. Payout ratio is on the higher end at 93%, however this is supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Thai dividend payers (5.4%). In line with average of industry peers (3.2%).
Upcoming Dividend • Apr 28Upcoming dividend of ฿0.44 per shareEligible shareholders must have bought the stock before 05 May 2022. Payment date: 19 May 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.5%. Lower than top quartile of Thai dividend payers (5.1%). In line with average of industry peers (3.4%).
Price Target Changed • Apr 27Price target increased to ฿26.23Up from ฿23.83, the current price target is an average from 4 analysts. New target price is 9.3% above last closing price of ฿24.00. Stock is up 13% over the past year. The company is forecast to post earnings per share of ฿1.12 for next year compared to ฿0.85 last year.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 7 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Director Pensri Suteerasan was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Price Target Changed • Mar 21Price target increased to ฿25.63Up from ฿23.83, the current price target is an average from 4 analysts. New target price is 20% above last closing price of ฿21.40. Stock is up 1.4% over the past year. The company is forecast to post earnings per share of ฿1.12 for next year compared to ฿0.85 last year.
Reported Earnings • Feb 22Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: ฿0.85 (up from ฿0.80 in FY 2020). Revenue: ฿2.66b (down 8.8% from FY 2020). Net income: ฿294.2m (up 6.3% from FY 2020). Profit margin: 11% (up from 9.5% in FY 2020). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 18%, compared to a 35% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year.
Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS ฿0.16 (vs ฿0.25 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: ฿547.2m (down 33% from 3Q 2020). Net income: ฿55.2m (down 36% from 3Q 2020). Profit margin: 10% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 14% per year.
Major Estimate Revision • Aug 20Consensus revenue estimates fall to ฿2.50bThe consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from ฿2.96b to ฿2.50b. EPS estimate fell from ฿0.80 to ฿0.70 per share. Net income forecast to grow 5.2% next year vs 26% growth forecast for Luxury industry in Thailand. Consensus price target broadly unchanged at ฿23.63. Share price was steady at ฿19.30 over the past week.
Upcoming Dividend • Aug 19Upcoming dividend of ฿0.41 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 10 September 2021. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (3.7%).
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS ฿0.18 (vs ฿0.14 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ฿633.1m (down 4.0% from 2Q 2020). Net income: ฿62.7m (up 24% from 2Q 2020). Profit margin: 9.9% (up from 7.6% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.
Major Estimate Revision • Aug 06Consensus EPS estimates fall to ฿0.80The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from ฿3.11b to ฿2.96b. EPS estimate also fell from ฿0.99 to ฿0.80. Net income forecast to grow 17% next year vs 29% growth forecast for Luxury industry in Thailand. Consensus price target broadly unchanged at ฿23.91. Share price was steady at ฿19.00 over the past week.
Reported Earnings • May 14First quarter 2021 earnings released: EPS ฿0.23 (vs ฿0.20 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ฿672.3m (down 1.1% from 1Q 2020). Net income: ฿78.4m (up 11% from 1Q 2020). Profit margin: 12% (up from 10% in 1Q 2020). The increase in margin was driven by lower expenses. 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 14% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Apr 29Upcoming dividend of ฿0.45 per shareEligible shareholders must have bought the stock before 06 May 2021. Payment date: 21 May 2021. Trailing yield: 3.7%. Lower than top quartile of Thai dividend payers (4.8%). In line with average of industry peers (3.5%).
Is New 90 Day High Low • Feb 22New 90-day low: ฿19.20The company is down 12% from its price of ฿21.70 on 24 November 2020. The Thai market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿8.00 per share.
Reported Earnings • Feb 20Full year 2020 earnings released: EPS ฿0.80 (vs ฿1.19 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿2.91b (down 12% from FY 2019). Net income: ฿276.8m (down 33% from FY 2019). Profit margin: 9.5% (down from 13% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Feb 20Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 4.8%. Over the next year, revenue is forecast to grow 4.3%, compared to a 18% growth forecast for the Luxury industry in Thailand.
Is New 90 Day High Low • Jan 22New 90-day low: ฿19.80The company is down 7.0% from its price of ฿21.20 on 22 October 2020. The Thai market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿8.22 per share.
Price Target Changed • Nov 18Price target raised to ฿23.50Up from ฿21.33, the current price target is an average from 3 analysts. The new target price is 8.8% above the current share price of ฿21.60. As of last close, the stock is down 24% over the past year.
Analyst Estimate Surprise Post Earnings • Nov 14Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 7.4%. Earnings per share (EPS) also surpassed analyst estimates by 28%. Over the next year, revenue is forecast to stay flat compared to a 16% growth forecast for the Luxury industry in Thailand.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS ฿0.24The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿815.1m (down 3.7% from 3Q 2019). Net income: ฿85.8m (down 26% from 3Q 2019). Profit margin: 11% (down from 14% in 3Q 2019). The decrease in margin was driven by lower revenue. 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 4% per year, which means it is significantly lagging earnings.
Price Target Changed • Sep 21Price target raised to ฿22.25Up from ฿20.60, the current price target is an average from 4 analysts. The new target price is 6.5% above the current share price of ฿20.90. As of last close, the stock is down 27% over the past year.