View Future GrowthWorkpoint Entertainment 과거 순이익 실적과거 기준 점검 0/6Workpoint Entertainment 의 수입은 연평균 -63.8%의 비율로 감소해 온 반면, Entertainment 산업은 연평균 4.4%의 비율로 감소했습니다. 매출은 연평균 0.4%의 비율로 증가해 왔습니다.핵심 정보-63.78%순이익 성장률-63.85%주당순이익(EPS) 성장률Entertainment 산업 성장률3.18%매출 성장률0.42%자기자본이익률-0.79%순이익률-1.05%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • Feb 24Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: ฿0.05 loss per share (improved from ฿0.46 loss in FY 2024). Revenue: ฿2.08b (down 11% from FY 2024). Net loss: ฿21.9m (loss narrowed 89% from FY 2024). Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 3 years compared to a 9.7% growth forecast for the Entertainment industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 07Third quarter 2025 earnings released: EPS: ฿0.08 (vs ฿0.04 loss in 3Q 2024)Third quarter 2025 results: EPS: ฿0.08 (up from ฿0.04 loss in 3Q 2024). Revenue: ฿478.3m (down 6.2% from 3Q 2024). Net income: ฿34.6m (up ฿51.9m from 3Q 2024). Profit margin: 7.2% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 10% growth forecast for the Entertainment industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: ฿0.05 (vs ฿0.11 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.05 (down from ฿0.11 in 2Q 2024). Revenue: ฿526.9m (down 3.3% from 2Q 2024). Net income: ฿20.7m (down 58% from 2Q 2024). Profit margin: 3.9% (down from 9.1% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Asia are expected to grow by 9.7%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.Reported Earnings • May 09First quarter 2025 earnings released: ฿0.05 loss per share (vs ฿0.02 profit in 1Q 2024)First quarter 2025 results: ฿0.05 loss per share (down from ฿0.02 profit in 1Q 2024). Revenue: ฿509.4m (down 8.7% from 1Q 2024). Net loss: ฿24.1m (down 368% from profit in 1Q 2024). Revenue is expected to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Asia are expected to grow by 11%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.Reported Earnings • Feb 22Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: ฿0.46 loss per share (down from ฿0.031 profit in FY 2023). Revenue: ฿2.34b (down 3.4% from FY 2023). Net loss: ฿201.0m (down ฿214.5m from profit in FY 2023). Revenue exceeded analyst estimates by 7.0%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 2 years compared to a 13% growth forecast for the Entertainment industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 10Third quarter 2024 earnings released: ฿0.04 loss per share (vs ฿0.033 profit in 3Q 2023)Third quarter 2024 results: ฿0.04 loss per share (down from ฿0.033 profit in 3Q 2023). Revenue: ฿509.7m (down 17% from 3Q 2023). Net loss: ฿17.3m (down 218% from profit in 3Q 2023). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Entertainment industry in Thailand. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.모든 업데이트 보기Recent updatesNew Risk • 18hNew major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 16% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (฿1.55b market cap, or US$47.9m).Reported Earnings • Feb 24Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: ฿0.05 loss per share (improved from ฿0.46 loss in FY 2024). Revenue: ฿2.08b (down 11% from FY 2024). Net loss: ฿21.9m (loss narrowed 89% from FY 2024). Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 3 years compared to a 9.7% growth forecast for the Entertainment industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.공지 • Feb 21Workpoint Entertainment Public Company Limited, Annual General Meeting, Apr 03, 2026Workpoint Entertainment Public Company Limited, Annual General Meeting, Apr 03, 2026, at 14:00 SE Asia Standard Time.Reported Earnings • Nov 07Third quarter 2025 earnings released: EPS: ฿0.08 (vs ฿0.04 loss in 3Q 2024)Third quarter 2025 results: EPS: ฿0.08 (up from ฿0.04 loss in 3Q 2024). Revenue: ฿478.3m (down 6.2% from 3Q 2024). Net income: ฿34.6m (up ฿51.9m from 3Q 2024). Profit margin: 7.2% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 10% growth forecast for the Entertainment industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: ฿0.05 (vs ฿0.11 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.05 (down from ฿0.11 in 2Q 2024). Revenue: ฿526.9m (down 3.3% from 2Q 2024). Net income: ฿20.7m (down 58% from 2Q 2024). Profit margin: 3.9% (down from 9.1% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Asia are expected to grow by 9.7%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.Reported Earnings • May 09First quarter 2025 earnings released: ฿0.05 loss per share (vs ฿0.02 profit in 1Q 2024)First quarter 2025 results: ฿0.05 loss per share (down from ฿0.02 profit in 1Q 2024). Revenue: ฿509.4m (down 8.7% from 1Q 2024). Net loss: ฿24.1m (down 368% from profit in 1Q 2024). Revenue is expected to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Asia are expected to grow by 11%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.Reported Earnings • Feb 22Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: ฿0.46 loss per share (down from ฿0.031 profit in FY 2023). Revenue: ฿2.34b (down 3.4% from FY 2023). Net loss: ฿201.0m (down ฿214.5m from profit in FY 2023). Revenue exceeded analyst estimates by 7.0%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 2 years compared to a 13% growth forecast for the Entertainment industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.공지 • Feb 22+ 1 more updateWorkpoint Entertainment Public Company Limited Proposes to Omit Dividend Payment for the Operating Period from January 1, 2024 to December 31, 2024Workpoint Entertainment Public Company Limited at its AGM to be held on April 4, 2025, to consider the Omitted dividend payment for the operating period from January 1, 2024 to December 31, 2024.New Risk • Nov 26New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.47b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (฿3.47b market cap, or US$99.9m).Reported Earnings • Nov 10Third quarter 2024 earnings released: ฿0.04 loss per share (vs ฿0.033 profit in 3Q 2023)Third quarter 2024 results: ฿0.04 loss per share (down from ฿0.033 profit in 3Q 2023). Revenue: ฿509.7m (down 17% from 3Q 2023). Net loss: ฿17.3m (down 218% from profit in 3Q 2023). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Entertainment industry in Thailand. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.Price Target Changed • Aug 16Price target increased by 13% to ฿8.68Up from ฿7.70, the current price target is an average from 2 analysts. New target price is 13% below last closing price of ฿9.95. Stock is down 33% over the past year. The company is forecast to post earnings per share of ฿0.06 for next year compared to ฿0.031 last year.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.11 (vs ฿0.11 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.11 (up from ฿0.11 in 2Q 2023). Revenue: ฿545.0m (down 4.4% from 2Q 2023). Net income: ฿49.5m (up 3.4% from 2Q 2023). Profit margin: 9.1% (up from 8.4% in 2Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Entertainment industry in Thailand. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.공지 • Apr 05Workpoint Entertainment Public Company Limited Appoints Kanit Vattanapradit as A New DirectorWorkpoint Entertainment Public Company Limited approved an increase in the number of directors from 9 to 10 persons and to approve the appointment of Mr. Kanit Vattanapradit as a new director.New Risk • Feb 28New major risk - Revenue and earnings growthEarnings have declined by 8.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 7x earnings per share. Cash payout ratio: 102% Earnings have declined by 8.7% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (0.6% net profit margin).Upcoming Dividend • Feb 28Upcoming dividend of ฿0.09 per shareEligible shareholders must have bought the stock before 06 March 2024. Payment date: 03 May 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.4%. Lower than top quartile of Thai dividend payers (6.4%). Lower than average of industry peers (6.1%).Declared Dividend • Feb 23Final dividend reduced to ฿0.09Dividend of ฿0.09 is 31% lower than last year. Ex-date: 6th March 2024 Payment date: 3rd May 2024 Dividend yield will be 2.4%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is not adequately covered by earnings (96% earnings payout ratio) nor is it covered by cash flows (119% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 7.2% to bring the payout ratio under control. EPS is expected to grow by 204% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.공지 • Feb 22+ 1 more updateWorkpoint Entertainment Public Company Limited, Annual General Meeting, Apr 05, 2024Workpoint Entertainment Public Company Limited, Annual General Meeting, Apr 05, 2024, at 14:00 SE Asia Standard Time. Agenda: To consider and approve the minutes of the annual ordinary general meeting of shareholders year 2023 on April 3, 2023; to acknowledge the operating results of the company for the year ended December 31, 2023; to consider and approve the financial statements for the year ended December 31, 2023; to consider and approve the dividend payment from the company's operation for the 6-month period ended December 31, 2023; to consider and approve the re-appointment of directors whose terms expired by rotation; to consider and approve the increase of the number of directors from 9 to 10 persons and the appointment of new director; and to consider other matters.Reported Earnings • Feb 22Full year 2023 earnings released: EPS: ฿0.031 (vs ฿0.39 in FY 2022)Full year 2023 results: EPS: ฿0.031 (down from ฿0.39 in FY 2022). Revenue: ฿2.42b (up 1.4% from FY 2022). Net income: ฿13.5m (down 92% from FY 2022). Profit margin: 0.6% (down from 7.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Entertainment industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.공지 • Jan 18Workpoint Entertainment Public Company Limited Announces Executive ChangesWorkpoint Entertainment Public Company Limited announced executive changes. Termination of Mrs. Benjamas Chanpum as accounting and financial director (chief accountant) and appointment of Miss Jutamas Pansomboon as Accounting and Financial Director (chief accountant). Effective date is 28 December 2023.Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: ฿0.033 (vs ฿0.15 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.033 (down from ฿0.15 in 3Q 2022). Revenue: ฿614.2m (flat on 3Q 2022). Net income: ฿14.7m (down 78% from 3Q 2022). Profit margin: 2.4% (down from 11% in 3Q 2022). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Entertainment industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 17Upcoming dividend of ฿0.15 per share at 2.2% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 06 September 2023. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Thai dividend payers (6.4%). Lower than average of industry peers (3.9%).Price Target Changed • Aug 12Price target decreased by 7.1% to ฿16.25Down from ฿17.50, the current price target is an average from 2 analysts. New target price is 9.1% above last closing price of ฿14.90. Stock is down 18% over the past year. The company is forecast to post earnings per share of ฿0.57 for next year compared to ฿0.39 last year.공지 • Aug 11Workpoint Entertainment Public Company Limited Announces Cash Dividend for the Operating Period from 01 January 2023 to 30 June 2023, Payable on 06-September 2023Workpoint Entertainment Public Company Limited announced Cash dividend payment of THB 0.15 baht par share for the Operating period from 01 January 2023 to 30 June 2023. Payment date: 06-September 2023.Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: ฿0.11 (vs ฿0.085 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.11 (up from ฿0.085 in 2Q 2022). Revenue: ฿570.2m (down 2.8% from 2Q 2022). Net income: ฿47.9m (up 28% from 2Q 2022). Profit margin: 8.4% (up from 6.4% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Entertainment industry in Thailand. 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 13% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Mar 02Upcoming dividend of ฿0.13 per share at 3.3% yieldEligible shareholders must have bought the stock before 09 March 2023. Payment date: 02 May 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.3%. Lower than top quartile of Thai dividend payers (5.7%). In line with average of industry peers (3.6%).Price Target Changed • Nov 16Price target decreased to ฿18.86Down from ฿25.00, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ฿18.40. Stock is down 16% over the past year. The company is forecast to post earnings per share of ฿0.46 for next year compared to ฿0.73 last year.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 8 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Veerawat Kunanugool 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.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: ฿0.15 (vs ฿0.16 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.15 (down from ฿0.16 in 3Q 2021). Revenue: ฿616.2m (up 18% from 3Q 2021). Net income: ฿65.5m (down 5.9% from 3Q 2021). Profit margin: 11% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in Thailand. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 17Upcoming dividend of ฿0.20 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 06 September 2022. The company is paying out more than 100% of its profits and is paying out 89% of its cash flow. Trailing yield: 3.1%. Lower than top quartile of Thai dividend payers (5.4%). In line with average of industry peers (3.4%).Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ฿0.085 (vs ฿0.35 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.085 (down from ฿0.35 in 2Q 2021). Revenue: ฿586.8m (up 1.9% from 2Q 2021). Net income: ฿37.3m (down 76% from 2Q 2021). Profit margin: 6.4% (down from 27% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 19%, compared to a 34% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Major Estimate Revision • Aug 13Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ฿2.55b to ฿2.48b. EPS estimate also fell from ฿0.95 per share to ฿0.83 per share. Net income forecast to grow 58% next year vs 24% growth forecast for Entertainment industry in Thailand. Consensus price target down from ฿25.00 to ฿21.70. Share price fell 4.2% to ฿18.20 over the past week.Price Target Changed • Aug 12Price target decreased to ฿23.80Down from ฿26.70, the current price target is an average from 4 analysts. New target price is 31% above last closing price of ฿18.20. Stock is down 13% over the past year. The company is forecast to post earnings per share of ฿0.85 for next year compared to ฿0.73 last year.공지 • Aug 11Workpoint Entertainment Public Company Limited Approves Interim Dividend for the Period from January 1, 2022 to June 30, 2022, Payable on September 6, 2022Workpoint Entertainment Public Company Limited at its board meeting held on August 10, 2022, approved the payment of interim dividend from the net profit of the company for the period from January 1, 2022 to June 30, 2022, at the rate of THB 0.20 per share, or not exceeding in total of THB 89,000,000 and approved fixing the record date for the right to receive the interim dividend to be on August 25, 2022 for the operational results from January 1, 2022 to June 30, 2022. The company schedules to pay interim dividend on September 6, 2022.Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ฿19.00, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 22x in the Entertainment industry in Thailand. Total loss to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿13.14 per share.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 an independent director. The company's board is composed of: 1 new director. No experienced directors. 8 highly experienced directors. 1 independent director (8 non-independent directors). Independent Director Veerawat Kunanugool 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.공지 • Apr 09Workpoint Entertainment Public Company Limited Approves Dividend for the Six Months Ended December 31, 2021, Payable on May 6, 2022Workpoint Entertainment Public Company Limited announced at annual ordinary general meeting of shareholders for 2022 held on April 7, 2022, the shareholders approved the dividends payment from six months period ended December 31, 2021 will be paid at the rate of THB 0.38 per share, or not exceeding in total of THB 168,000,000. All Dividend payment for the operational results for 2021 at the rate of THB 0.58 per share or totaling amount not exceeding THB 256,309,314.60 or 99.6% of net profit of separate financial statement. March 10, 2022 as a record date to identify shareholder eligible for the right to receive dividend payment from Company's operation for the 6 month period ended December 31, 2021. The company schedules to pay such dividend on May 6, 2022.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿27.25, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 25x in the Entertainment industry in Thailand. Total returns to shareholders of 22% over the past three years.Upcoming Dividend • Mar 02Upcoming dividend of ฿0.38 per shareEligible shareholders must have bought the stock before 09 March 2022. Payment date: 06 May 2022. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Thai dividend payers (5.1%). Higher than average of industry peers (2.7%).Reported Earnings • Feb 27Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: ฿0.73 (up from ฿0.36 in FY 2020). Revenue: ฿2.31b (up 1.6% from FY 2020). Net income: ฿324.2m (up 104% from FY 2020). Profit margin: 14% (up from 7.0% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 15%. Over the next year, revenue is forecast to grow 13%, compared to a 45% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공지 • Feb 26Workpoint Entertainment Public Company Limited Recommends the Dividends Payment for the Six-Month Period Ended December 31, 2021,Payable on May 6, 2022The board of directors of Workpoint Entertainment Public Company Limited meeting held on February 24, 2022, approved and resolved to propose in the forthcoming Annual Ordinary General Meeting of Shareholders for 2022 to be held on April 7, 2022, to approve the dividends payment from Company's operation for the 6-month period ended December 31, 2021 at the rate of THB 0.38 per share, or not exceeding in total of THB 168,000,000. All Dividend payment for the operational results for 2021 at the rate of THB 0.58 per share or totaling amount not exceeding THB 256,309,314.60. However, there is uncertainly according to the said dividend payment because it has yet to be approved by the Company's Annual Ordinary General Meeting of the Shareholders for 2022. Approved to set March 10, 2022 as a record date to identify shareholder eligible for the right to receive dividend payment from Company's operation for the 6 month period ended December 31, 2021. In this regard, should the Annual Ordinary General Meeting of Shareholders approve the dividend payment, the Company schedules to pay such dividend on May 6, 2022.Valuation Update With 7 Day Price Move • Feb 15Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿28.00, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 26x in the Entertainment industry in Thailand. Total returns to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿13.33 per share.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS ฿0.16 (vs ฿0.17 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: ฿522.1m (down 6.9% from 3Q 2020). Net income: ฿69.7m (down 8.1% from 3Q 2020). Profit margin: 13% (in line with 3Q 2020). 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 9% per year.Upcoming Dividend • Aug 17Upcoming dividend of ฿0.20 per shareEligible shareholders must have bought the stock before 24 August 2021. Payment date: 06 September 2021. Trailing yield: 1.9%. Lower than top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (1.6%).Major Estimate Revision • Aug 16Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from ฿0.80 to ฿0.95. Revenue forecast unchanged at ฿2.39b. Net income forecast to grow 86% next year vs 30% growth forecast for Entertainment industry in Thailand. Consensus price target of ฿26.99 unchanged from last update. Share price rose 9.8% to ฿20.20 over the past week.Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿23.00, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 19x in the Entertainment industry in Asia. Total loss to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿12.99 per share.Major Estimate Revision • May 19Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from ฿2.62b to ฿2.51b. EPS estimate rose from ฿0.50 to ฿0.65. Net income forecast to grow 49% next year vs 40% growth forecast for Entertainment industry in Thailand. Consensus price target up from ฿16.50 to ฿21.44. Share price rose 20% to ฿23.00 over the past week.Reported Earnings • May 13First quarter 2021 earnings released: EPS ฿0.27 (vs ฿0.11 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: ฿579.6m (down 4.2% from 1Q 2020). Net income: ฿117.8m (up 155% from 1Q 2020). Profit margin: 20% (up from 7.7% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improved over the past weekAfter last week's 21% share price gain to ฿20.00, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 21x in the Entertainment industry in Asia. Total loss to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿9.00 per share.Analyst Estimate Surprise Post Earnings • Mar 01Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.8%. Earnings per share (EPS) also surpassed analyst estimates by 37%. Over the next year, revenue is forecast to grow 12%, compared to a 23% growth forecast for the Entertainment industry in Thailand.Reported Earnings • Feb 26Full year 2020 earnings released: EPS ฿0.36 (vs ฿0.36 in FY 2019)The company reported a mediocre full year result with weaker revenues, although earnings were flat and profit margins improved. Full year 2020 results: Revenue: ฿2.28b (down 18% from FY 2019). Net income: ฿159.1m (flat on FY 2019). Profit margin: 7.0% (up from 5.8% 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 80% per year but the company’s share price has only fallen by 41% per year, which means it has not declined as severely as earnings.Price Target Changed • Feb 25Price target raised to ฿14.00Up from ฿12.58, the current price target is an average from 4 analysts. The new target price is 13% below the current share price of ฿16.10. As of last close, the stock is up 71% over the past year.Is New 90 Day High Low • Jan 14New 90-day high: ฿18.40The company is up 77% from its price of ฿10.40 on 16 October 2020. The Thai market is up 25% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿3.44 per share.Price Target Changed • Dec 16Price target raised to ฿11.38Up from ฿10.28, the current price target is an average from 5 analysts. The new target price is 36% below the current share price of ฿17.70. As of last close, the stock is up 31% over the past year.Is New 90 Day High Low • Dec 15New 90-day high: ฿17.70The company is up 54% from its price of ฿11.50 on 15 September 2020. The Thai market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿3.50 per share.Valuation Update With 7 Day Price Move • Dec 09Market bids up stock over the past weekAfter last week's 28% share price gain to ฿16.60, the stock is trading at a trailing P/E ratio of 79x, up from the previous P/E ratio of 61.9x. This compares to an average P/E of 37x in the Entertainment industry in Thailand. Total return to shareholders over the past three years is a loss of 79%.Price Target Changed • Nov 26Price target raised to ฿10.68Up from ฿9.92, the current price target is an average from 4 analysts. The new target price is 13% below the current share price of ฿12.30. As of last close, the stock is down 15% over the past year.Is New 90 Day High Low • Nov 21New 90-day high: ฿12.50The company is up 24% from its price of ฿10.10 on 21 August 2020. The Thai market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿3.10 per share.Valuation Update With 7 Day Price Move • Nov 19Market bids up stock over the past weekAfter last week's 18% share price gain to ฿11.90, the stock is trading at a trailing P/E ratio of 56.6x, up from the previous P/E ratio of 48.1x. This compares to an average P/E of 34x in the Entertainment industry in Thailand. Total return to shareholders over the past three years is a loss of 86%.Major Estimate Revision • Nov 19Analysts increase EPS estimates to ฿0.29The 2020 consensus revenue estimate increased from ฿2.19b to ฿2.40b. The earnings per share estimate also received an upgrade from ฿0.23 to ฿0.29 for the same period. Net income is expected to shrink by 7.2% next year compared to 39% growth forecast for the Entertainment industry in Thailand . The consensus price target increased from ฿9.92 to ฿10.28. Share price is up 18% to ฿11.90 over the past week.Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS ฿0.17The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ฿605.8m (down 14% from 3Q 2019). Net income: ฿75.8m (up 73% from 3Q 2019). Profit margin: 13% (up from 6.2% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 80% per year but the company’s share price has only fallen by 52% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Nov 13Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 114%. Over the next year, revenue is forecast to grow 4.4%, compared to a 23% growth forecast for the Entertainment industry in Thailand.Price Target Changed • Oct 28Price target raised to ฿9.92Up from ฿8.83, the current price target is an average from 4 analysts. The new target price is close to the current share price of ฿9.70. As of last close, the stock is down 48% over the past year.Valuation Update With 7 Day Price Move • Oct 19Market pulls back on stock over the past weekAfter last week's 24% share price decline to ฿9.35, the stock is trading at a trailing P/E ratio of 68.1x, down from the previous P/E ratio of 89.6x. This compares to an average P/E of 36x in the Entertainment industry in Thailand. Total return to shareholders over the past three years is a loss of 90%.Is New 90 Day High Low • Oct 06New 90-day high: ฿11.70The company is up 8.0% from its price of ฿10.80 on 08 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Entertainment industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿3.00 per share.공지 • Sep 21Workpoint Entertainment Public Company Limited(SET:WORK) dropped from S&P Global BMI IndexWorkpoint Entertainment Public Company Limited(SET:WORK) dropped from S&P Global BMI Index매출 및 비용 세부 내역Workpoint Entertainment가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이SET:WORK 매출, 비용 및 순이익 (THB Millions)날짜매출순이익일반관리비연구개발비31 Dec 252,077-22643030 Sep 252,243-211704030 Jun 252,274-263705031 Mar 252,292-234708031 Dec 242,340-201703030 Sep 242,173-37653030 Jun 242,278-5660031 Mar 242,304-7639031 Dec 232,41913654030 Sep 232,597128637030 Jun 232,599179628031 Mar 232,616168629031 Dec 222,439171616030 Sep 222,313118660030 Jun 222,200122658031 Mar 222,166239615031 Dec 212,228324602030 Sep 212,171377504030 Jun 212,229383541031 Mar 212,145231636031 Dec 202,193159705030 Sep 202,30593797030 Jun 202,41561821031 Mar 202,699131844031 Dec 192,772160837030 Sep 192,963113865030 Jun 193,299211876031 Mar 193,387254862031 Dec 183,594345859030 Sep 183,479401909030 Jun 183,639639891031 Mar 183,928896885031 Dec 173,853904860030 Sep 173,614854792030 Jun 173,243582798031 Mar 172,926343796031 Dec 162,667199823030 Sep 162,847304852030 Jun 162,692242839031 Mar 162,557204798031 Dec 152,434150764030 Sep 152,28267688030 Jun 152,274466770양질의 수익: WORK 은(는) 현재 수익성이 없습니다.이익 마진 증가: WORK는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: WORK은 수익성이 없으며 지난 5년 동안 손실이 연평균 63.8% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 WORK의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: WORK은 수익성이 없어 지난 해 수익 성장률을 Entertainment 업계(-24.5%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: WORK는 현재 수익성이 없으므로 자본 수익률이 음수(-0.79%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMedia 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/11 06:11종가2026/05/11 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 소스Workpoint Entertainment Public Company Limited는 8명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Kawee ManitsupavongAsia Plus Securities Company LimitedPrasit SujiravorakulBualuang Securities PCLNapon JaisanBualuang Securities PCL5명의 분석가 더 보기
Reported Earnings • Feb 24Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: ฿0.05 loss per share (improved from ฿0.46 loss in FY 2024). Revenue: ฿2.08b (down 11% from FY 2024). Net loss: ฿21.9m (loss narrowed 89% from FY 2024). Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 3 years compared to a 9.7% growth forecast for the Entertainment industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 07Third quarter 2025 earnings released: EPS: ฿0.08 (vs ฿0.04 loss in 3Q 2024)Third quarter 2025 results: EPS: ฿0.08 (up from ฿0.04 loss in 3Q 2024). Revenue: ฿478.3m (down 6.2% from 3Q 2024). Net income: ฿34.6m (up ฿51.9m from 3Q 2024). Profit margin: 7.2% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 10% growth forecast for the Entertainment industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: ฿0.05 (vs ฿0.11 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.05 (down from ฿0.11 in 2Q 2024). Revenue: ฿526.9m (down 3.3% from 2Q 2024). Net income: ฿20.7m (down 58% from 2Q 2024). Profit margin: 3.9% (down from 9.1% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Asia are expected to grow by 9.7%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 09First quarter 2025 earnings released: ฿0.05 loss per share (vs ฿0.02 profit in 1Q 2024)First quarter 2025 results: ฿0.05 loss per share (down from ฿0.02 profit in 1Q 2024). Revenue: ฿509.4m (down 8.7% from 1Q 2024). Net loss: ฿24.1m (down 368% from profit in 1Q 2024). Revenue is expected to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Asia are expected to grow by 11%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 22Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: ฿0.46 loss per share (down from ฿0.031 profit in FY 2023). Revenue: ฿2.34b (down 3.4% from FY 2023). Net loss: ฿201.0m (down ฿214.5m from profit in FY 2023). Revenue exceeded analyst estimates by 7.0%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 2 years compared to a 13% growth forecast for the Entertainment industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 10Third quarter 2024 earnings released: ฿0.04 loss per share (vs ฿0.033 profit in 3Q 2023)Third quarter 2024 results: ฿0.04 loss per share (down from ฿0.033 profit in 3Q 2023). Revenue: ฿509.7m (down 17% from 3Q 2023). Net loss: ฿17.3m (down 218% from profit in 3Q 2023). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Entertainment industry in Thailand. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
New Risk • 18hNew major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 16% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (฿1.55b market cap, or US$47.9m).
Reported Earnings • Feb 24Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: ฿0.05 loss per share (improved from ฿0.46 loss in FY 2024). Revenue: ฿2.08b (down 11% from FY 2024). Net loss: ฿21.9m (loss narrowed 89% from FY 2024). Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 3 years compared to a 9.7% growth forecast for the Entertainment industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.
공지 • Feb 21Workpoint Entertainment Public Company Limited, Annual General Meeting, Apr 03, 2026Workpoint Entertainment Public Company Limited, Annual General Meeting, Apr 03, 2026, at 14:00 SE Asia Standard Time.
Reported Earnings • Nov 07Third quarter 2025 earnings released: EPS: ฿0.08 (vs ฿0.04 loss in 3Q 2024)Third quarter 2025 results: EPS: ฿0.08 (up from ฿0.04 loss in 3Q 2024). Revenue: ฿478.3m (down 6.2% from 3Q 2024). Net income: ฿34.6m (up ฿51.9m from 3Q 2024). Profit margin: 7.2% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 10% growth forecast for the Entertainment industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: ฿0.05 (vs ฿0.11 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.05 (down from ฿0.11 in 2Q 2024). Revenue: ฿526.9m (down 3.3% from 2Q 2024). Net income: ฿20.7m (down 58% from 2Q 2024). Profit margin: 3.9% (down from 9.1% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue is expected to decline by 1.6% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Asia are expected to grow by 9.7%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 09First quarter 2025 earnings released: ฿0.05 loss per share (vs ฿0.02 profit in 1Q 2024)First quarter 2025 results: ฿0.05 loss per share (down from ฿0.02 profit in 1Q 2024). Revenue: ฿509.4m (down 8.7% from 1Q 2024). Net loss: ฿24.1m (down 368% from profit in 1Q 2024). Revenue is expected to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Asia are expected to grow by 11%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 22Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: ฿0.46 loss per share (down from ฿0.031 profit in FY 2023). Revenue: ฿2.34b (down 3.4% from FY 2023). Net loss: ฿201.0m (down ฿214.5m from profit in FY 2023). Revenue exceeded analyst estimates by 7.0%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 2 years compared to a 13% growth forecast for the Entertainment industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
공지 • Feb 22+ 1 more updateWorkpoint Entertainment Public Company Limited Proposes to Omit Dividend Payment for the Operating Period from January 1, 2024 to December 31, 2024Workpoint Entertainment Public Company Limited at its AGM to be held on April 4, 2025, to consider the Omitted dividend payment for the operating period from January 1, 2024 to December 31, 2024.
New Risk • Nov 26New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.47b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (฿3.47b market cap, or US$99.9m).
Reported Earnings • Nov 10Third quarter 2024 earnings released: ฿0.04 loss per share (vs ฿0.033 profit in 3Q 2023)Third quarter 2024 results: ฿0.04 loss per share (down from ฿0.033 profit in 3Q 2023). Revenue: ฿509.7m (down 17% from 3Q 2023). Net loss: ฿17.3m (down 218% from profit in 3Q 2023). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Entertainment industry in Thailand. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
Price Target Changed • Aug 16Price target increased by 13% to ฿8.68Up from ฿7.70, the current price target is an average from 2 analysts. New target price is 13% below last closing price of ฿9.95. Stock is down 33% over the past year. The company is forecast to post earnings per share of ฿0.06 for next year compared to ฿0.031 last year.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.11 (vs ฿0.11 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.11 (up from ฿0.11 in 2Q 2023). Revenue: ฿545.0m (down 4.4% from 2Q 2023). Net income: ฿49.5m (up 3.4% from 2Q 2023). Profit margin: 9.1% (up from 8.4% in 2Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Entertainment industry in Thailand. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.
공지 • Apr 05Workpoint Entertainment Public Company Limited Appoints Kanit Vattanapradit as A New DirectorWorkpoint Entertainment Public Company Limited approved an increase in the number of directors from 9 to 10 persons and to approve the appointment of Mr. Kanit Vattanapradit as a new director.
New Risk • Feb 28New major risk - Revenue and earnings growthEarnings have declined by 8.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 7x earnings per share. Cash payout ratio: 102% Earnings have declined by 8.7% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (0.6% net profit margin).
Upcoming Dividend • Feb 28Upcoming dividend of ฿0.09 per shareEligible shareholders must have bought the stock before 06 March 2024. Payment date: 03 May 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.4%. Lower than top quartile of Thai dividend payers (6.4%). Lower than average of industry peers (6.1%).
Declared Dividend • Feb 23Final dividend reduced to ฿0.09Dividend of ฿0.09 is 31% lower than last year. Ex-date: 6th March 2024 Payment date: 3rd May 2024 Dividend yield will be 2.4%, which is lower than the industry average of 6.4%. Sustainability & Growth Dividend is not adequately covered by earnings (96% earnings payout ratio) nor is it covered by cash flows (119% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 7.2% to bring the payout ratio under control. EPS is expected to grow by 204% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.
공지 • Feb 22+ 1 more updateWorkpoint Entertainment Public Company Limited, Annual General Meeting, Apr 05, 2024Workpoint Entertainment Public Company Limited, Annual General Meeting, Apr 05, 2024, at 14:00 SE Asia Standard Time. Agenda: To consider and approve the minutes of the annual ordinary general meeting of shareholders year 2023 on April 3, 2023; to acknowledge the operating results of the company for the year ended December 31, 2023; to consider and approve the financial statements for the year ended December 31, 2023; to consider and approve the dividend payment from the company's operation for the 6-month period ended December 31, 2023; to consider and approve the re-appointment of directors whose terms expired by rotation; to consider and approve the increase of the number of directors from 9 to 10 persons and the appointment of new director; and to consider other matters.
Reported Earnings • Feb 22Full year 2023 earnings released: EPS: ฿0.031 (vs ฿0.39 in FY 2022)Full year 2023 results: EPS: ฿0.031 (down from ฿0.39 in FY 2022). Revenue: ฿2.42b (up 1.4% from FY 2022). Net income: ฿13.5m (down 92% from FY 2022). Profit margin: 0.6% (down from 7.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Entertainment industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
공지 • Jan 18Workpoint Entertainment Public Company Limited Announces Executive ChangesWorkpoint Entertainment Public Company Limited announced executive changes. Termination of Mrs. Benjamas Chanpum as accounting and financial director (chief accountant) and appointment of Miss Jutamas Pansomboon as Accounting and Financial Director (chief accountant). Effective date is 28 December 2023.
Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: ฿0.033 (vs ฿0.15 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.033 (down from ฿0.15 in 3Q 2022). Revenue: ฿614.2m (flat on 3Q 2022). Net income: ฿14.7m (down 78% from 3Q 2022). Profit margin: 2.4% (down from 11% in 3Q 2022). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Entertainment industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 17Upcoming dividend of ฿0.15 per share at 2.2% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 06 September 2023. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Thai dividend payers (6.4%). Lower than average of industry peers (3.9%).
Price Target Changed • Aug 12Price target decreased by 7.1% to ฿16.25Down from ฿17.50, the current price target is an average from 2 analysts. New target price is 9.1% above last closing price of ฿14.90. Stock is down 18% over the past year. The company is forecast to post earnings per share of ฿0.57 for next year compared to ฿0.39 last year.
공지 • Aug 11Workpoint Entertainment Public Company Limited Announces Cash Dividend for the Operating Period from 01 January 2023 to 30 June 2023, Payable on 06-September 2023Workpoint Entertainment Public Company Limited announced Cash dividend payment of THB 0.15 baht par share for the Operating period from 01 January 2023 to 30 June 2023. Payment date: 06-September 2023.
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: ฿0.11 (vs ฿0.085 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.11 (up from ฿0.085 in 2Q 2022). Revenue: ฿570.2m (down 2.8% from 2Q 2022). Net income: ฿47.9m (up 28% from 2Q 2022). Profit margin: 8.4% (up from 6.4% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Entertainment industry in Thailand. 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 13% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Mar 02Upcoming dividend of ฿0.13 per share at 3.3% yieldEligible shareholders must have bought the stock before 09 March 2023. Payment date: 02 May 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.3%. Lower than top quartile of Thai dividend payers (5.7%). In line with average of industry peers (3.6%).
Price Target Changed • Nov 16Price target decreased to ฿18.86Down from ฿25.00, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ฿18.40. Stock is down 16% over the past year. The company is forecast to post earnings per share of ฿0.46 for next year compared to ฿0.73 last year.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 8 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Veerawat Kunanugool 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.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: ฿0.15 (vs ฿0.16 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.15 (down from ฿0.16 in 3Q 2021). Revenue: ฿616.2m (up 18% from 3Q 2021). Net income: ฿65.5m (down 5.9% from 3Q 2021). Profit margin: 11% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Entertainment industry in Thailand. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 17Upcoming dividend of ฿0.20 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 06 September 2022. The company is paying out more than 100% of its profits and is paying out 89% of its cash flow. Trailing yield: 3.1%. Lower than top quartile of Thai dividend payers (5.4%). In line with average of industry peers (3.4%).
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ฿0.085 (vs ฿0.35 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.085 (down from ฿0.35 in 2Q 2021). Revenue: ฿586.8m (up 1.9% from 2Q 2021). Net income: ฿37.3m (down 76% from 2Q 2021). Profit margin: 6.4% (down from 27% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 19%, compared to a 34% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Aug 13Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ฿2.55b to ฿2.48b. EPS estimate also fell from ฿0.95 per share to ฿0.83 per share. Net income forecast to grow 58% next year vs 24% growth forecast for Entertainment industry in Thailand. Consensus price target down from ฿25.00 to ฿21.70. Share price fell 4.2% to ฿18.20 over the past week.
Price Target Changed • Aug 12Price target decreased to ฿23.80Down from ฿26.70, the current price target is an average from 4 analysts. New target price is 31% above last closing price of ฿18.20. Stock is down 13% over the past year. The company is forecast to post earnings per share of ฿0.85 for next year compared to ฿0.73 last year.
공지 • Aug 11Workpoint Entertainment Public Company Limited Approves Interim Dividend for the Period from January 1, 2022 to June 30, 2022, Payable on September 6, 2022Workpoint Entertainment Public Company Limited at its board meeting held on August 10, 2022, approved the payment of interim dividend from the net profit of the company for the period from January 1, 2022 to June 30, 2022, at the rate of THB 0.20 per share, or not exceeding in total of THB 89,000,000 and approved fixing the record date for the right to receive the interim dividend to be on August 25, 2022 for the operational results from January 1, 2022 to June 30, 2022. The company schedules to pay interim dividend on September 6, 2022.
Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ฿19.00, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 22x in the Entertainment industry in Thailand. Total loss to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿13.14 per share.
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 an independent director. The company's board is composed of: 1 new director. No experienced directors. 8 highly experienced directors. 1 independent director (8 non-independent directors). Independent Director Veerawat Kunanugool 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.
공지 • Apr 09Workpoint Entertainment Public Company Limited Approves Dividend for the Six Months Ended December 31, 2021, Payable on May 6, 2022Workpoint Entertainment Public Company Limited announced at annual ordinary general meeting of shareholders for 2022 held on April 7, 2022, the shareholders approved the dividends payment from six months period ended December 31, 2021 will be paid at the rate of THB 0.38 per share, or not exceeding in total of THB 168,000,000. All Dividend payment for the operational results for 2021 at the rate of THB 0.58 per share or totaling amount not exceeding THB 256,309,314.60 or 99.6% of net profit of separate financial statement. March 10, 2022 as a record date to identify shareholder eligible for the right to receive dividend payment from Company's operation for the 6 month period ended December 31, 2021. The company schedules to pay such dividend on May 6, 2022.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿27.25, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 25x in the Entertainment industry in Thailand. Total returns to shareholders of 22% over the past three years.
Upcoming Dividend • Mar 02Upcoming dividend of ฿0.38 per shareEligible shareholders must have bought the stock before 09 March 2022. Payment date: 06 May 2022. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Thai dividend payers (5.1%). Higher than average of industry peers (2.7%).
Reported Earnings • Feb 27Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: ฿0.73 (up from ฿0.36 in FY 2020). Revenue: ฿2.31b (up 1.6% from FY 2020). Net income: ฿324.2m (up 104% from FY 2020). Profit margin: 14% (up from 7.0% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 15%. Over the next year, revenue is forecast to grow 13%, compared to a 45% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공지 • Feb 26Workpoint Entertainment Public Company Limited Recommends the Dividends Payment for the Six-Month Period Ended December 31, 2021,Payable on May 6, 2022The board of directors of Workpoint Entertainment Public Company Limited meeting held on February 24, 2022, approved and resolved to propose in the forthcoming Annual Ordinary General Meeting of Shareholders for 2022 to be held on April 7, 2022, to approve the dividends payment from Company's operation for the 6-month period ended December 31, 2021 at the rate of THB 0.38 per share, or not exceeding in total of THB 168,000,000. All Dividend payment for the operational results for 2021 at the rate of THB 0.58 per share or totaling amount not exceeding THB 256,309,314.60. However, there is uncertainly according to the said dividend payment because it has yet to be approved by the Company's Annual Ordinary General Meeting of the Shareholders for 2022. Approved to set March 10, 2022 as a record date to identify shareholder eligible for the right to receive dividend payment from Company's operation for the 6 month period ended December 31, 2021. In this regard, should the Annual Ordinary General Meeting of Shareholders approve the dividend payment, the Company schedules to pay such dividend on May 6, 2022.
Valuation Update With 7 Day Price Move • Feb 15Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿28.00, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 26x in the Entertainment industry in Thailand. Total returns to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿13.33 per share.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS ฿0.16 (vs ฿0.17 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: ฿522.1m (down 6.9% from 3Q 2020). Net income: ฿69.7m (down 8.1% from 3Q 2020). Profit margin: 13% (in line with 3Q 2020). 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 9% per year.
Upcoming Dividend • Aug 17Upcoming dividend of ฿0.20 per shareEligible shareholders must have bought the stock before 24 August 2021. Payment date: 06 September 2021. Trailing yield: 1.9%. Lower than top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (1.6%).
Major Estimate Revision • Aug 16Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from ฿0.80 to ฿0.95. Revenue forecast unchanged at ฿2.39b. Net income forecast to grow 86% next year vs 30% growth forecast for Entertainment industry in Thailand. Consensus price target of ฿26.99 unchanged from last update. Share price rose 9.8% to ฿20.20 over the past week.
Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿23.00, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 19x in the Entertainment industry in Asia. Total loss to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿12.99 per share.
Major Estimate Revision • May 19Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from ฿2.62b to ฿2.51b. EPS estimate rose from ฿0.50 to ฿0.65. Net income forecast to grow 49% next year vs 40% growth forecast for Entertainment industry in Thailand. Consensus price target up from ฿16.50 to ฿21.44. Share price rose 20% to ฿23.00 over the past week.
Reported Earnings • May 13First quarter 2021 earnings released: EPS ฿0.27 (vs ฿0.11 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: ฿579.6m (down 4.2% from 1Q 2020). Net income: ฿117.8m (up 155% from 1Q 2020). Profit margin: 20% (up from 7.7% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improved over the past weekAfter last week's 21% share price gain to ฿20.00, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 21x in the Entertainment industry in Asia. Total loss to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿9.00 per share.
Analyst Estimate Surprise Post Earnings • Mar 01Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.8%. Earnings per share (EPS) also surpassed analyst estimates by 37%. Over the next year, revenue is forecast to grow 12%, compared to a 23% growth forecast for the Entertainment industry in Thailand.
Reported Earnings • Feb 26Full year 2020 earnings released: EPS ฿0.36 (vs ฿0.36 in FY 2019)The company reported a mediocre full year result with weaker revenues, although earnings were flat and profit margins improved. Full year 2020 results: Revenue: ฿2.28b (down 18% from FY 2019). Net income: ฿159.1m (flat on FY 2019). Profit margin: 7.0% (up from 5.8% 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 80% per year but the company’s share price has only fallen by 41% per year, which means it has not declined as severely as earnings.
Price Target Changed • Feb 25Price target raised to ฿14.00Up from ฿12.58, the current price target is an average from 4 analysts. The new target price is 13% below the current share price of ฿16.10. As of last close, the stock is up 71% over the past year.
Is New 90 Day High Low • Jan 14New 90-day high: ฿18.40The company is up 77% from its price of ฿10.40 on 16 October 2020. The Thai market is up 25% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿3.44 per share.
Price Target Changed • Dec 16Price target raised to ฿11.38Up from ฿10.28, the current price target is an average from 5 analysts. The new target price is 36% below the current share price of ฿17.70. As of last close, the stock is up 31% over the past year.
Is New 90 Day High Low • Dec 15New 90-day high: ฿17.70The company is up 54% from its price of ฿11.50 on 15 September 2020. The Thai market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿3.50 per share.
Valuation Update With 7 Day Price Move • Dec 09Market bids up stock over the past weekAfter last week's 28% share price gain to ฿16.60, the stock is trading at a trailing P/E ratio of 79x, up from the previous P/E ratio of 61.9x. This compares to an average P/E of 37x in the Entertainment industry in Thailand. Total return to shareholders over the past three years is a loss of 79%.
Price Target Changed • Nov 26Price target raised to ฿10.68Up from ฿9.92, the current price target is an average from 4 analysts. The new target price is 13% below the current share price of ฿12.30. As of last close, the stock is down 15% over the past year.
Is New 90 Day High Low • Nov 21New 90-day high: ฿12.50The company is up 24% from its price of ฿10.10 on 21 August 2020. The Thai market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿3.10 per share.
Valuation Update With 7 Day Price Move • Nov 19Market bids up stock over the past weekAfter last week's 18% share price gain to ฿11.90, the stock is trading at a trailing P/E ratio of 56.6x, up from the previous P/E ratio of 48.1x. This compares to an average P/E of 34x in the Entertainment industry in Thailand. Total return to shareholders over the past three years is a loss of 86%.
Major Estimate Revision • Nov 19Analysts increase EPS estimates to ฿0.29The 2020 consensus revenue estimate increased from ฿2.19b to ฿2.40b. The earnings per share estimate also received an upgrade from ฿0.23 to ฿0.29 for the same period. Net income is expected to shrink by 7.2% next year compared to 39% growth forecast for the Entertainment industry in Thailand . The consensus price target increased from ฿9.92 to ฿10.28. Share price is up 18% to ฿11.90 over the past week.
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS ฿0.17The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ฿605.8m (down 14% from 3Q 2019). Net income: ฿75.8m (up 73% from 3Q 2019). Profit margin: 13% (up from 6.2% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 80% per year but the company’s share price has only fallen by 52% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Nov 13Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 114%. Over the next year, revenue is forecast to grow 4.4%, compared to a 23% growth forecast for the Entertainment industry in Thailand.
Price Target Changed • Oct 28Price target raised to ฿9.92Up from ฿8.83, the current price target is an average from 4 analysts. The new target price is close to the current share price of ฿9.70. As of last close, the stock is down 48% over the past year.
Valuation Update With 7 Day Price Move • Oct 19Market pulls back on stock over the past weekAfter last week's 24% share price decline to ฿9.35, the stock is trading at a trailing P/E ratio of 68.1x, down from the previous P/E ratio of 89.6x. This compares to an average P/E of 36x in the Entertainment industry in Thailand. Total return to shareholders over the past three years is a loss of 90%.
Is New 90 Day High Low • Oct 06New 90-day high: ฿11.70The company is up 8.0% from its price of ฿10.80 on 08 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Entertainment industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿3.00 per share.
공지 • Sep 21Workpoint Entertainment Public Company Limited(SET:WORK) dropped from S&P Global BMI IndexWorkpoint Entertainment Public Company Limited(SET:WORK) dropped from S&P Global BMI Index