View Financial HealthPacific Pipe 배당 및 자사주 매입배당 기준 점검 2/6Pacific Pipe 수익으로 충분히 충당되는 현재 수익률 3.39% 보유한 배당금 지급 회사입니다.핵심 정보3.4%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률-3.6%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향66%최근 배당 및 자사주 매입 업데이트공지 • Apr 13+ 1 more updatePacific Pipe Public Company Limited Approves Dividend for, Payable on May 5, 2022The AGM of Pacific Pipe Public Company Limited at the annual general meeting held on April 12, 2022 approved the dividend payment from the separate financial statements (net profit) at THB 0.84 per share to the shareholders entitled to attend the 2022 Annual General Meeting, receive the dividend and whose names were listed in the record date in March 11, 2022 and the date of dividend payment is in May 5th, 2022.Upcoming Dividend • Mar 03Upcoming dividend of ฿0.84 per shareEligible shareholders must have bought the stock before 10 March 2022. Payment date: 05 May 2022. Payout ratio is on the higher end at 100% but the company is not cash flow positive. Trailing yield: 12%. Within top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (6.5%).Upcoming Dividend • Mar 05Upcoming Dividend of ฿0.18 Per ShareWill be paid on the 12th of May to those who are registered shareholders by the 12th of March. The trailing yield of 4.5% is below the top quartile of Thai dividend payers (5.7%), but is in line with industry peers (4.6%).모든 업데이트 보기Recent updatesBoard Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. CFO & Executive Director Pert Leevilaikunratt was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿2.46, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 11x in the Metals and Mining industry in Thailand. Total loss to shareholders of 20% over the past three years.New Risk • Mar 03New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 4.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). Earnings have declined by 48% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿1.31b market cap, or US$41.4m).Reported Earnings • Feb 27Full year 2025 earnings released: EPS: ฿0.12 (vs ฿0.31 loss in FY 2024)Full year 2025 results: EPS: ฿0.12 (up from ฿0.31 loss in FY 2024). Revenue: ฿7.27b (down 2.7% from FY 2024). Net income: ฿80.4m (up ฿284.2m from FY 2024). Profit margin: 1.1% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.공지 • Feb 26+ 1 more updatePacific Pipe Public Company Limited Announces the Cessation of Mr. Vicharn Aramvareekul as Independent Director, Audit Committee, Effective from April 9, 2026Pacific Pipe Public Company Limited announced the cessation of Mr. Vicharn Aramvareekul as Independent Director, Audit Committee, effective from April 9, 2026. Terminate Reason Non-renewal of term (term expired).공지 • Feb 25Pacific Pipe Public Company Limited, Annual General Meeting, Apr 09, 2026Pacific Pipe Public Company Limited, Annual General Meeting, Apr 09, 2026, at 14:00 SE Asia Standard Time.Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.03 (vs ฿0.24 loss in 3Q 2024)Third quarter 2025 results: EPS: ฿0.03 (up from ฿0.24 loss in 3Q 2024). Revenue: ฿1.88b (up 8.4% from 3Q 2024). Net income: ฿20.2m (up ฿175.9m from 3Q 2024). Profit margin: 1.1% (up from net loss in 3Q 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿0.04 (vs ฿0.042 loss in 2Q 2024)Second quarter 2025 results: EPS: ฿0.04 (up from ฿0.042 loss in 2Q 2024). Revenue: ฿1.71b (down 14% from 2Q 2024). Net income: ฿24.4m (up ฿52.2m from 2Q 2024). Profit margin: 1.4% (up from net loss in 2Q 2024). The move to profitability was driven by lower expenses. 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 22% per year, which means it is significantly lagging earnings.New Risk • Jun 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 50% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (฿1.10b market cap, or US$33.6m).Reported Earnings • May 14First quarter 2025 earnings released: EPS: ฿0.08 (vs ฿0.016 loss in 1Q 2024)First quarter 2025 results: EPS: ฿0.08 (up from ฿0.016 loss in 1Q 2024). Revenue: ฿1.90b (down 4.2% from 1Q 2024). Net income: ฿52.0m (up ฿62.7m from 1Q 2024). Profit margin: 2.7% (up from net loss in 1Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.Reported Earnings • Feb 25Full year 2024 earnings released: ฿0.31 loss per share (vs ฿0.085 loss in FY 2023)Full year 2024 results: ฿0.31 loss per share (further deteriorated from ฿0.085 loss in FY 2023). Revenue: ฿7.48b (down 14% from FY 2023). Net loss: ฿203.8m (loss widened 263% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 29 percentage points per year, which is a significant difference in performance.공지 • Feb 24+ 1 more updatePacific Pipe Public Company Limited, Annual General Meeting, Apr 10, 2025Pacific Pipe Public Company Limited, Annual General Meeting, Apr 10, 2025, at 14:00 SE Asia Standard Time.공지 • Jan 27Pacific Pipe Public Company Limited Resolves Appointment of Pert Leevilaikunratt as DirectorPacific Pipe Public Company Limited announced that at its board meeting held on January 24, 2025, has resolved to appoint Mr. Pert Leevilaikunratt as director, in place of Dr. Aeimporn Punyasai, effective from January 26, 2025, onwards.공지 • Dec 21+ 1 more updatePacific Pipe Public Company Limited Announces Resignation of Dr. Aeimporn Punyasai as Director, Effective from 25 January 2025The Board of Director meeting of Pacific Pipe Public Company Limited No. 6/2024 dated 20 December 2024 as follows: Acknowledged the resignation from Director of the Company of Dr. Aeimporn Punyasai, effective from 25 January 2025 onwards. The Remuneration Nomination and Corporate Committee will consider a new Director of the Company and Chief Executive Officer to replace the vacancy and inform to The Stock Exchange of Thailand in due course.New Risk • Nov 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 10% 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 Debt is not well covered by operating cash flow (2.2% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 42% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿1.24b market cap, or US$35.9m).Reported Earnings • Nov 13Third quarter 2024 earnings released: ฿0.24 loss per share (vs ฿0.05 loss in 3Q 2023)Third quarter 2024 results: ฿0.24 loss per share (further deteriorated from ฿0.05 loss in 3Q 2023). Revenue: ฿1.73b (down 16% from 3Q 2023). Net loss: ฿155.7m (loss widened 371% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.New Risk • Sep 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 35% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (฿1.64b market cap, or US$50.0m).Reported Earnings • Aug 09Second quarter 2024 earnings released: ฿0.04 loss per share (vs ฿0.14 loss in 2Q 2023)Second quarter 2024 results: ฿0.04 loss per share (improved from ฿0.14 loss in 2Q 2023). Revenue: ฿1.99b (down 3.4% from 2Q 2023). Net loss: ฿27.8m (loss narrowed 69% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.Reported Earnings • May 10First quarter 2024 earnings released: ฿0.02 loss per share (vs ฿0.21 profit in 1Q 2023)First quarter 2024 results: ฿0.02 loss per share (down from ฿0.21 profit in 1Q 2023). Revenue: ฿1.98b (down 28% from 1Q 2023). Net loss: ฿10.7m (down 108% from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.공지 • Feb 23Pacific Pipe Public Company Limited, Annual General Meeting, Apr 11, 2024Pacific Pipe Public Company Limited, Annual General Meeting, Apr 11, 2024, at 14:00 SE Asia Standard Time. Agenda: To consider and certify the Minutes of the 2023 Annual General Meeting of Shareholders; to acknowledge the Board of Directors' report on the Company results of the Operations of the year 2023; to consider and approve of balance sheets and statement of income of the Company for the year ended December 31st, 2023; to consider the dividend omission; to consider and appoint the directors to replace the retiring directors by rotation; to consider the directors' remuneration for year 2024; to consider the appointment of the auditors and the auditor's fee for year 2024; and to consider any other business (if any).Reported Earnings • Feb 23Full year 2023 earnings released: ฿0.09 loss per share (vs ฿0.51 loss in FY 2022)Full year 2023 results: ฿0.09 loss per share (improved from ฿0.51 loss in FY 2022). Revenue: ฿8.73b (down 12% from FY 2022). Net loss: ฿56.2m (loss narrowed 83% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.공지 • Feb 22Pacific Pipe Public Company Limited Proposes Retirement of Board MembersPacific Pipe Public Company Limited at its board meeting passed resolution for AGM that there are 3 retiring directors by rotation namely: Mr. Kriengkrai Rukkulchon as Independent director, Ms. Piyanus Chaikajornwat as Independent director, Mr. Somchai Lekapojpanich as Director.New Risk • Nov 14New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 3.0% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (3.0% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Dividend per share is over 43x cash flows per share. Earnings have declined by 20% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿1.78b market cap, or US$49.6m).Reported Earnings • Aug 12Second quarter 2023 earnings released: ฿0.14 loss per share (vs ฿0.14 loss in 2Q 2022)Second quarter 2023 results: ฿0.14 loss per share (improved from ฿0.14 loss in 2Q 2022). Revenue: ฿2.06b (down 19% from 2Q 2022). Net loss: ฿89.8m (loss narrowed 5.9% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 16Third quarter 2022 earnings released: ฿0.32 loss per share (vs ฿0.083 profit in 3Q 2021)Third quarter 2022 results: ฿0.32 loss per share (down from ฿0.083 profit in 3Q 2021). Revenue: ฿2.28b (down 1.8% from 3Q 2021). Net loss: ฿213.5m (down 492% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.공지 • Sep 30+ 1 more updatePacific Pipe Public Company Limited Announces Termination of Pert Leevilaikulrat as Assistant Chief Accounting OfficerPacific Pipe Public Company Limited announced termination of Pert Leevilaikulrat as Assistant Chief Accounting Officer. Effective September 30, 2022.Reported Earnings • Aug 13Second quarter 2022 earnings released: ฿0.14 loss per share (vs ฿0.41 profit in 2Q 2021)Second quarter 2022 results: ฿0.14 loss per share (down from ฿0.41 profit in 2Q 2021). Revenue: ฿2.55b (up 6.7% from 2Q 2021). Net loss: ฿95.4m (down 136% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 14First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: ฿0.03 (down from ฿0.39 in 1Q 2021). Revenue: ฿2.96b (up 17% from 1Q 2021). Net income: ฿19.1m (down 93% from 1Q 2021). Profit margin: 0.6% (down from 10% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.공지 • Apr 13+ 1 more updatePacific Pipe Public Company Limited Approves Dividend for, Payable on May 5, 2022The AGM of Pacific Pipe Public Company Limited at the annual general meeting held on April 12, 2022 approved the dividend payment from the separate financial statements (net profit) at THB 0.84 per share to the shareholders entitled to attend the 2022 Annual General Meeting, receive the dividend and whose names were listed in the record date in March 11, 2022 and the date of dividend payment is in May 5th, 2022.Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to ฿5.20, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 7x in the Metals and Mining industry in Thailand. Total returns to shareholders of 146% over the past three years.Upcoming Dividend • Mar 03Upcoming dividend of ฿0.84 per shareEligible shareholders must have bought the stock before 10 March 2022. Payment date: 05 May 2022. Payout ratio is on the higher end at 100% but the company is not cash flow positive. Trailing yield: 12%. Within top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (6.5%).공지 • Feb 24+ 1 more updatePacific Pipe Public Company Limited, Annual General Meeting, Apr 12, 2022Pacific Pipe Public Company Limited, Annual General Meeting, Apr 12, 2022, at 14:00 SE Asia Standard Time. Agenda: To consider and certify the Minutes the 2021 Annual General Meeting of Shareholders; to consider and approve of balance sheets and statement of income of the Company for the year ended December 31st, 2021; to consider the amendment to the objectives of the company and Article 3 of the Memorandum of Association (Objectives); to consider and appoint the directors to replace the retiring directors by rotation; to consider the directors' remuneration for year 2022; to consider the appointment of the auditors and the auditor's fee for year 2022; and to consider any other business (if any).Reported Earnings • Feb 23Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: ฿0.84 (up from ฿0.31 in FY 2020). Revenue: ฿9.72b (up 32% from FY 2020). Net income: ฿554.7m (up 173% from FY 2020). Profit margin: 5.7% (up from 2.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 21% share price gain to ฿6.60, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 7x in the Metals and Mining industry in Thailand. Total returns to shareholders of 135% over the past three years.Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS ฿0.08 (vs ฿0.11 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ฿2.32b (up 25% from 3Q 2020). Net income: ฿54.5m (down 27% from 3Q 2020). Profit margin: 2.3% (down from 4.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.41 (vs ฿0.015 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿2.39b (up 32% from 2Q 2020). Net income: ฿267.4m (up ฿257.6m from 2Q 2020). Profit margin: 11% (up from 0.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 13First quarter 2021 earnings released: EPS ฿0.39 (vs ฿0.067 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿2.53b (up 27% from 1Q 2020). Net income: ฿259.6m (up 487% from 1Q 2020). Profit margin: 10% (up from 2.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 7% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 12Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿5.75, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 22x in the Metals and Mining industry in Thailand. Total returns to shareholders of 56% over the past three years.Valuation Update With 7 Day Price Move • Apr 26Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿4.98, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 19x in the Metals and Mining industry in Thailand. Total returns to shareholders of 34% over the past three years.Upcoming Dividend • Mar 05Upcoming Dividend of ฿0.18 Per ShareWill be paid on the 12th of May to those who are registered shareholders by the 12th of March. The trailing yield of 4.5% is below the top quartile of Thai dividend payers (5.7%), but is in line with industry peers (4.6%).공지 • Feb 20Pacific Pipe Public Company Limited Announces Executive Changes, with Effect from 20 February 2021Pacific Pipe Public Company Limited announced appointment of Mr. Kriengkrai Rukkulchon (Independent Director and Chairman of Remuneration Nomination and Corporate Committee) as the Chairman of the Board of Directors to replace Mr. Somchai Lekapojpanich, who resigned from the Chairman of the Board of Directors but still remains a Company Director, with effect from 20th February 2021 onwards.Reported Earnings • Feb 20Full year 2020 earnings released: EPS ฿0.31 (vs ฿0.11 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ฿7.38b (down 21% from FY 2019). Net income: ฿203.0m (up 184% from FY 2019). Profit margin: 2.8% (up from 0.8% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.공지 • Feb 20Pacific Pipe Public Company Limited, Annual General Meeting, Apr 22, 2021Pacific Pipe Public Company Limited, Annual General Meeting, Apr 22, 2021, at 07:00 Coordinated Universal Time. Location: Crowne Ballroom, 21st Floor, Crowne Plaza Bangkok Lumpini Park Hotel No. 952 Rama 4 Road, Suriya Wong, Bang Rak Bangkok Thailand Agenda: To consider and certify the Minutes the 2021 Annual General Meeting of Shareholders; to acknowledge the Board of Directors' report on the Company results of the Operations of the year 2020; to consider and approve of balance sheets and statement of income of the Company for the year ended December 31, 2020; to consider the dividend payment; to consider and appoint the directors to replace the retiring directors by rotation; to consider the directors' remuneration for year 2021; to consider the appointment of the auditors and the auditor's fee for year 2021; and to consider any other business (if any).Is New 90 Day High Low • Feb 02New 90-day high: ฿3.72The company is up 45% from its price of ฿2.56 on 04 November 2020. The Thai market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 35% over the same period.Is New 90 Day High Low • Dec 16New 90-day high: ฿3.66The company is up 46% from its price of ฿2.50 on 17 September 2020. The Thai market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 24% over the same period.Valuation Update With 7 Day Price Move • Dec 08Market bids up stock over the past weekAfter last week's 20% share price gain to ฿3.44, the stock is trading at a trailing P/E ratio of 14.5x, up from the previous P/E ratio of 12.1x. This compares to an average P/E of 15x in the Metals and Mining industry in Thailand. Total return to shareholders over the past three years is a loss of 16%.Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS ฿0.11The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ฿1.86b (down 22% from 3Q 2019). Net income: ฿74.6m (up ฿105.0m from 3Q 2019). Profit margin: 4.0% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Nov 12New 90-day high: ฿2.72The company is up 5.0% from its price of ฿2.60 on 14 August 2020. The Thai market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 2.0% over the same period.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: PAP 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: PAP 9 년 동안만 배당금을 지급해 왔으며 그 이후 지급액이 감소했습니다.배당 수익률 vs 시장Pacific Pipe 배당 수익률 vs 시장PAP의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (PAP)3.4%시장 하위 25% (TH)3.4%시장 상위 25% (TH)7.5%업계 평균 (Metals and Mining)5.8%분석가 예측 (PAP) (최대 3년)n/a주목할만한 배당금: PAP 의 배당금( 3.39% )은 TH 시장에서 배당금 지급자의 하위 25%( 3.45% )와 비교해 주목할 만하지 않습니다.고배당: PAP 의 배당금( 3.39% )은 TH 시장에서 배당금 지급자의 상위 25%( 7.45% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적인 지급 비율 ( 65.7% )을 통해 PAP 의 배당금 지급은 수익으로 충당됩니다.주주 현금 배당현금 흐름 범위: 합리적으로 낮은 현금 지급 비율 ( 43.7% )로 PAP 의 배당금 지급은 현금 흐름으로 잘 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTH 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/06 07:13종가2026/05/06 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 소스Pacific Pipe Public Company Limited는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Preeyanun TripetchchupornPhillip Securities (HK)
공지 • Apr 13+ 1 more updatePacific Pipe Public Company Limited Approves Dividend for, Payable on May 5, 2022The AGM of Pacific Pipe Public Company Limited at the annual general meeting held on April 12, 2022 approved the dividend payment from the separate financial statements (net profit) at THB 0.84 per share to the shareholders entitled to attend the 2022 Annual General Meeting, receive the dividend and whose names were listed in the record date in March 11, 2022 and the date of dividend payment is in May 5th, 2022.
Upcoming Dividend • Mar 03Upcoming dividend of ฿0.84 per shareEligible shareholders must have bought the stock before 10 March 2022. Payment date: 05 May 2022. Payout ratio is on the higher end at 100% but the company is not cash flow positive. Trailing yield: 12%. Within top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (6.5%).
Upcoming Dividend • Mar 05Upcoming Dividend of ฿0.18 Per ShareWill be paid on the 12th of May to those who are registered shareholders by the 12th of March. The trailing yield of 4.5% is below the top quartile of Thai dividend payers (5.7%), but is in line with industry peers (4.6%).
Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. CFO & Executive Director Pert Leevilaikunratt was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿2.46, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 11x in the Metals and Mining industry in Thailand. Total loss to shareholders of 20% over the past three years.
New Risk • Mar 03New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 4.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). Earnings have declined by 48% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿1.31b market cap, or US$41.4m).
Reported Earnings • Feb 27Full year 2025 earnings released: EPS: ฿0.12 (vs ฿0.31 loss in FY 2024)Full year 2025 results: EPS: ฿0.12 (up from ฿0.31 loss in FY 2024). Revenue: ฿7.27b (down 2.7% from FY 2024). Net income: ฿80.4m (up ฿284.2m from FY 2024). Profit margin: 1.1% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
공지 • Feb 26+ 1 more updatePacific Pipe Public Company Limited Announces the Cessation of Mr. Vicharn Aramvareekul as Independent Director, Audit Committee, Effective from April 9, 2026Pacific Pipe Public Company Limited announced the cessation of Mr. Vicharn Aramvareekul as Independent Director, Audit Committee, effective from April 9, 2026. Terminate Reason Non-renewal of term (term expired).
공지 • Feb 25Pacific Pipe Public Company Limited, Annual General Meeting, Apr 09, 2026Pacific Pipe Public Company Limited, Annual General Meeting, Apr 09, 2026, at 14:00 SE Asia Standard Time.
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.03 (vs ฿0.24 loss in 3Q 2024)Third quarter 2025 results: EPS: ฿0.03 (up from ฿0.24 loss in 3Q 2024). Revenue: ฿1.88b (up 8.4% from 3Q 2024). Net income: ฿20.2m (up ฿175.9m from 3Q 2024). Profit margin: 1.1% (up from net loss in 3Q 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿0.04 (vs ฿0.042 loss in 2Q 2024)Second quarter 2025 results: EPS: ฿0.04 (up from ฿0.042 loss in 2Q 2024). Revenue: ฿1.71b (down 14% from 2Q 2024). Net income: ฿24.4m (up ฿52.2m from 2Q 2024). Profit margin: 1.4% (up from net loss in 2Q 2024). The move to profitability was driven by lower expenses. 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 22% per year, which means it is significantly lagging earnings.
New Risk • Jun 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 50% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (฿1.10b market cap, or US$33.6m).
Reported Earnings • May 14First quarter 2025 earnings released: EPS: ฿0.08 (vs ฿0.016 loss in 1Q 2024)First quarter 2025 results: EPS: ฿0.08 (up from ฿0.016 loss in 1Q 2024). Revenue: ฿1.90b (down 4.2% from 1Q 2024). Net income: ฿52.0m (up ฿62.7m from 1Q 2024). Profit margin: 2.7% (up from net loss in 1Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
Reported Earnings • Feb 25Full year 2024 earnings released: ฿0.31 loss per share (vs ฿0.085 loss in FY 2023)Full year 2024 results: ฿0.31 loss per share (further deteriorated from ฿0.085 loss in FY 2023). Revenue: ฿7.48b (down 14% from FY 2023). Net loss: ฿203.8m (loss widened 263% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 29 percentage points per year, which is a significant difference in performance.
공지 • Feb 24+ 1 more updatePacific Pipe Public Company Limited, Annual General Meeting, Apr 10, 2025Pacific Pipe Public Company Limited, Annual General Meeting, Apr 10, 2025, at 14:00 SE Asia Standard Time.
공지 • Jan 27Pacific Pipe Public Company Limited Resolves Appointment of Pert Leevilaikunratt as DirectorPacific Pipe Public Company Limited announced that at its board meeting held on January 24, 2025, has resolved to appoint Mr. Pert Leevilaikunratt as director, in place of Dr. Aeimporn Punyasai, effective from January 26, 2025, onwards.
공지 • Dec 21+ 1 more updatePacific Pipe Public Company Limited Announces Resignation of Dr. Aeimporn Punyasai as Director, Effective from 25 January 2025The Board of Director meeting of Pacific Pipe Public Company Limited No. 6/2024 dated 20 December 2024 as follows: Acknowledged the resignation from Director of the Company of Dr. Aeimporn Punyasai, effective from 25 January 2025 onwards. The Remuneration Nomination and Corporate Committee will consider a new Director of the Company and Chief Executive Officer to replace the vacancy and inform to The Stock Exchange of Thailand in due course.
New Risk • Nov 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 10% 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 Debt is not well covered by operating cash flow (2.2% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 42% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿1.24b market cap, or US$35.9m).
Reported Earnings • Nov 13Third quarter 2024 earnings released: ฿0.24 loss per share (vs ฿0.05 loss in 3Q 2023)Third quarter 2024 results: ฿0.24 loss per share (further deteriorated from ฿0.05 loss in 3Q 2023). Revenue: ฿1.73b (down 16% from 3Q 2023). Net loss: ฿155.7m (loss widened 371% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
New Risk • Sep 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 35% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (฿1.64b market cap, or US$50.0m).
Reported Earnings • Aug 09Second quarter 2024 earnings released: ฿0.04 loss per share (vs ฿0.14 loss in 2Q 2023)Second quarter 2024 results: ฿0.04 loss per share (improved from ฿0.14 loss in 2Q 2023). Revenue: ฿1.99b (down 3.4% from 2Q 2023). Net loss: ฿27.8m (loss narrowed 69% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 10First quarter 2024 earnings released: ฿0.02 loss per share (vs ฿0.21 profit in 1Q 2023)First quarter 2024 results: ฿0.02 loss per share (down from ฿0.21 profit in 1Q 2023). Revenue: ฿1.98b (down 28% from 1Q 2023). Net loss: ฿10.7m (down 108% from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
공지 • Feb 23Pacific Pipe Public Company Limited, Annual General Meeting, Apr 11, 2024Pacific Pipe Public Company Limited, Annual General Meeting, Apr 11, 2024, at 14:00 SE Asia Standard Time. Agenda: To consider and certify the Minutes of the 2023 Annual General Meeting of Shareholders; to acknowledge the Board of Directors' report on the Company results of the Operations of the year 2023; to consider and approve of balance sheets and statement of income of the Company for the year ended December 31st, 2023; to consider the dividend omission; to consider and appoint the directors to replace the retiring directors by rotation; to consider the directors' remuneration for year 2024; to consider the appointment of the auditors and the auditor's fee for year 2024; and to consider any other business (if any).
Reported Earnings • Feb 23Full year 2023 earnings released: ฿0.09 loss per share (vs ฿0.51 loss in FY 2022)Full year 2023 results: ฿0.09 loss per share (improved from ฿0.51 loss in FY 2022). Revenue: ฿8.73b (down 12% from FY 2022). Net loss: ฿56.2m (loss narrowed 83% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
공지 • Feb 22Pacific Pipe Public Company Limited Proposes Retirement of Board MembersPacific Pipe Public Company Limited at its board meeting passed resolution for AGM that there are 3 retiring directors by rotation namely: Mr. Kriengkrai Rukkulchon as Independent director, Ms. Piyanus Chaikajornwat as Independent director, Mr. Somchai Lekapojpanich as Director.
New Risk • Nov 14New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 3.0% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (3.0% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Dividend per share is over 43x cash flows per share. Earnings have declined by 20% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿1.78b market cap, or US$49.6m).
Reported Earnings • Aug 12Second quarter 2023 earnings released: ฿0.14 loss per share (vs ฿0.14 loss in 2Q 2022)Second quarter 2023 results: ฿0.14 loss per share (improved from ฿0.14 loss in 2Q 2022). Revenue: ฿2.06b (down 19% from 2Q 2022). Net loss: ฿89.8m (loss narrowed 5.9% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 16Third quarter 2022 earnings released: ฿0.32 loss per share (vs ฿0.083 profit in 3Q 2021)Third quarter 2022 results: ฿0.32 loss per share (down from ฿0.083 profit in 3Q 2021). Revenue: ฿2.28b (down 1.8% from 3Q 2021). Net loss: ฿213.5m (down 492% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Sep 30+ 1 more updatePacific Pipe Public Company Limited Announces Termination of Pert Leevilaikulrat as Assistant Chief Accounting OfficerPacific Pipe Public Company Limited announced termination of Pert Leevilaikulrat as Assistant Chief Accounting Officer. Effective September 30, 2022.
Reported Earnings • Aug 13Second quarter 2022 earnings released: ฿0.14 loss per share (vs ฿0.41 profit in 2Q 2021)Second quarter 2022 results: ฿0.14 loss per share (down from ฿0.41 profit in 2Q 2021). Revenue: ฿2.55b (up 6.7% from 2Q 2021). Net loss: ฿95.4m (down 136% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 14First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: ฿0.03 (down from ฿0.39 in 1Q 2021). Revenue: ฿2.96b (up 17% from 1Q 2021). Net income: ฿19.1m (down 93% from 1Q 2021). Profit margin: 0.6% (down from 10% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
공지 • Apr 13+ 1 more updatePacific Pipe Public Company Limited Approves Dividend for, Payable on May 5, 2022The AGM of Pacific Pipe Public Company Limited at the annual general meeting held on April 12, 2022 approved the dividend payment from the separate financial statements (net profit) at THB 0.84 per share to the shareholders entitled to attend the 2022 Annual General Meeting, receive the dividend and whose names were listed in the record date in March 11, 2022 and the date of dividend payment is in May 5th, 2022.
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to ฿5.20, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 7x in the Metals and Mining industry in Thailand. Total returns to shareholders of 146% over the past three years.
Upcoming Dividend • Mar 03Upcoming dividend of ฿0.84 per shareEligible shareholders must have bought the stock before 10 March 2022. Payment date: 05 May 2022. Payout ratio is on the higher end at 100% but the company is not cash flow positive. Trailing yield: 12%. Within top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (6.5%).
공지 • Feb 24+ 1 more updatePacific Pipe Public Company Limited, Annual General Meeting, Apr 12, 2022Pacific Pipe Public Company Limited, Annual General Meeting, Apr 12, 2022, at 14:00 SE Asia Standard Time. Agenda: To consider and certify the Minutes the 2021 Annual General Meeting of Shareholders; to consider and approve of balance sheets and statement of income of the Company for the year ended December 31st, 2021; to consider the amendment to the objectives of the company and Article 3 of the Memorandum of Association (Objectives); to consider and appoint the directors to replace the retiring directors by rotation; to consider the directors' remuneration for year 2022; to consider the appointment of the auditors and the auditor's fee for year 2022; and to consider any other business (if any).
Reported Earnings • Feb 23Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: ฿0.84 (up from ฿0.31 in FY 2020). Revenue: ฿9.72b (up 32% from FY 2020). Net income: ฿554.7m (up 173% from FY 2020). Profit margin: 5.7% (up from 2.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 21% share price gain to ฿6.60, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 7x in the Metals and Mining industry in Thailand. Total returns to shareholders of 135% over the past three years.
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS ฿0.08 (vs ฿0.11 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ฿2.32b (up 25% from 3Q 2020). Net income: ฿54.5m (down 27% from 3Q 2020). Profit margin: 2.3% (down from 4.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.41 (vs ฿0.015 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿2.39b (up 32% from 2Q 2020). Net income: ฿267.4m (up ฿257.6m from 2Q 2020). Profit margin: 11% (up from 0.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 13First quarter 2021 earnings released: EPS ฿0.39 (vs ฿0.067 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿2.53b (up 27% from 1Q 2020). Net income: ฿259.6m (up 487% from 1Q 2020). Profit margin: 10% (up from 2.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 7% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 12Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿5.75, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 22x in the Metals and Mining industry in Thailand. Total returns to shareholders of 56% over the past three years.
Valuation Update With 7 Day Price Move • Apr 26Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿4.98, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 19x in the Metals and Mining industry in Thailand. Total returns to shareholders of 34% over the past three years.
Upcoming Dividend • Mar 05Upcoming Dividend of ฿0.18 Per ShareWill be paid on the 12th of May to those who are registered shareholders by the 12th of March. The trailing yield of 4.5% is below the top quartile of Thai dividend payers (5.7%), but is in line with industry peers (4.6%).
공지 • Feb 20Pacific Pipe Public Company Limited Announces Executive Changes, with Effect from 20 February 2021Pacific Pipe Public Company Limited announced appointment of Mr. Kriengkrai Rukkulchon (Independent Director and Chairman of Remuneration Nomination and Corporate Committee) as the Chairman of the Board of Directors to replace Mr. Somchai Lekapojpanich, who resigned from the Chairman of the Board of Directors but still remains a Company Director, with effect from 20th February 2021 onwards.
Reported Earnings • Feb 20Full year 2020 earnings released: EPS ฿0.31 (vs ฿0.11 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ฿7.38b (down 21% from FY 2019). Net income: ฿203.0m (up 184% from FY 2019). Profit margin: 2.8% (up from 0.8% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
공지 • Feb 20Pacific Pipe Public Company Limited, Annual General Meeting, Apr 22, 2021Pacific Pipe Public Company Limited, Annual General Meeting, Apr 22, 2021, at 07:00 Coordinated Universal Time. Location: Crowne Ballroom, 21st Floor, Crowne Plaza Bangkok Lumpini Park Hotel No. 952 Rama 4 Road, Suriya Wong, Bang Rak Bangkok Thailand Agenda: To consider and certify the Minutes the 2021 Annual General Meeting of Shareholders; to acknowledge the Board of Directors' report on the Company results of the Operations of the year 2020; to consider and approve of balance sheets and statement of income of the Company for the year ended December 31, 2020; to consider the dividend payment; to consider and appoint the directors to replace the retiring directors by rotation; to consider the directors' remuneration for year 2021; to consider the appointment of the auditors and the auditor's fee for year 2021; and to consider any other business (if any).
Is New 90 Day High Low • Feb 02New 90-day high: ฿3.72The company is up 45% from its price of ฿2.56 on 04 November 2020. The Thai market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 35% over the same period.
Is New 90 Day High Low • Dec 16New 90-day high: ฿3.66The company is up 46% from its price of ฿2.50 on 17 September 2020. The Thai market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 24% over the same period.
Valuation Update With 7 Day Price Move • Dec 08Market bids up stock over the past weekAfter last week's 20% share price gain to ฿3.44, the stock is trading at a trailing P/E ratio of 14.5x, up from the previous P/E ratio of 12.1x. This compares to an average P/E of 15x in the Metals and Mining industry in Thailand. Total return to shareholders over the past three years is a loss of 16%.
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS ฿0.11The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ฿1.86b (down 22% from 3Q 2019). Net income: ฿74.6m (up ฿105.0m from 3Q 2019). Profit margin: 4.0% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Nov 12New 90-day high: ฿2.72The company is up 5.0% from its price of ฿2.60 on 14 August 2020. The Thai market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 2.0% over the same period.