View ValuationSVI 향후 성장Future 기준 점검 3/6SVI은 연간 수입과 매출이 각각 14%와 14% 증가할 것으로 예상되고 EPS는 연간 14.8%만큼 증가할 것으로 예상됩니다.핵심 정보14.0%이익 성장률14.81%EPS 성장률Electronic 이익 성장25.2%매출 성장률14.0%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트08 May 2026최근 향후 성장 업데이트Major Estimate Revision • Aug 13Consensus EPS estimates fall by 22%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from ฿21.0b to ฿21.4b. EPS estimate fell from ฿0.499 to ฿0.391 per share. Net income forecast to grow 35% next year vs 26% growth forecast for Electronic industry in Thailand. Consensus price target broadly unchanged at ฿6.26. Share price fell 3.3% to ฿5.90 over the past week.Price Target Changed • Jun 25Price target decreased by 12% to ฿6.34Down from ฿7.17, the current price target is an average from 4 analysts. New target price is 6.5% above last closing price of ฿5.95. Stock is down 34% over the past year. The company is forecast to post earnings per share of ฿0.51 for next year compared to ฿0.64 last year.Price Target Changed • May 13Price target decreased by 8.2% to ฿7.17Down from ฿7.81, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ฿7.05. Stock is up 1.4% over the past year. The company is forecast to post earnings per share of ฿0.55 for next year compared to ฿0.64 last year.Price Target Changed • Dec 04Price target decreased by 7.4% to ฿8.26Down from ฿8.92, the current price target is an average from 5 analysts. New target price is 10% above last closing price of ฿7.50. Stock is up 6.4% over the past year. The company is forecast to post earnings per share of ฿0.62 for next year compared to ฿0.43 last year.Major Estimate Revision • Aug 16Consensus EPS estimates increase by 14%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ฿25.1b to ฿24.5b. EPS estimate rose from ฿0.573 to ฿0.651. Net income forecast to grow 3.0% next year vs 16% growth forecast for Electronic industry in Thailand. Consensus price target up from ฿8.30 to ฿9.43. Share price rose 15% to ฿8.25 over the past week.Major Estimate Revision • Jun 15Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ฿0.52 to ฿0.577. Revenue forecast steady at ฿25.7b. Net income forecast to grow 19% next year vs 17% growth forecast for Electronic industry in Thailand. Consensus price target up from ฿7.38 to ฿8.13. Share price was steady at ฿7.75 over the past week.모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • 9hInvestor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ฿5.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Electronic industry in Thailand. Total loss to shareholders of 32% over the past three years.Reported Earnings • May 16First quarter 2026 earnings released: EPS: ฿0.16 (vs ฿0.07 in 1Q 2025)First quarter 2026 results: EPS: ฿0.16 (up from ฿0.07 in 1Q 2025). Revenue: ฿5.03b (up 20% from 1Q 2025). Net income: ฿334.5m (up 133% from 1Q 2025). Profit margin: 6.6% (up from 3.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.공시 • May 13Pongsak Lothongkam completed the acquisition of 21.5% stake in SVI Public Company Limited (SET:SVI) from a group of shareholders.Pongsak Lothongkam signed a letter of intent to acquire remaining 21.83% stake in SVI Public Company Limited (SET:SVI) from a group of shareholders for THB 3.5 billion on October 31, 2025. A cash consideration of THB 3.53 billion valued at THB 7.5 per share will be paid by Pongsak Lothongkam. As part of consideration, THB 3.53 billion is paid towards common equity of SVI Public Company Limited. Upon completion, Pongsak Lothongkam wlll hold 100% stake in SVI Public Company Limited. The transaction is subject to obtaining financial support from financial institutions, approval by the shareholders' meeting of SVI Public Company Limited with at least three-fourths of the votes, and necessary regulatory approvals from relevant authorities. The Independent Directors are in the opinion that the Delisting of SVI Public Company Limited’s Securities is deemed reasonable and appropriate. On January 13, 2026, at the Extraordinary General Meeting of Shareholders approved the delisting of the SVI's securities from the Stock Exchange of Thailand, with 82.8316% voting in favor. As of February 23, 2026, Pongsak Lothongkam has received support from KASIKORNBANK Public Company Limited to finance the offer. The tender offer will commence on February 24, 2026, and will close on May 6, 2026. As of April 3, 2026, SVI Public Company Limited received a copy of the Amendment to the Tender Offer for the Securities from Pongsak Lohthongkam. Jay Capital Advisory Limited acted as financial advisor and fairness opinion provider to SVI Public Company Limited. Kasikorn Securities Public Company Limited acted as financial advisor to Pongsak Lothongkam. Baker & McKenzie Ltd. acted as legal advisor to SVI Public Company Limited. Discover Management Co., Ltd. acted as financial advisor to Pongsak Lothongkam. Discover Management Company Limited acted as independent financial advisor for Pongsak Lothongkam Pongsak Lothongkam completed the acquisition of 21.5% stake in SVI Public Company Limited (SET:SVI) from a group of shareholders on May 11, 2026.Valuation Update With 7 Day Price Move • May 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿6.25, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Electronic industry in Thailand. Total loss to shareholders of 31% over the past three years.공시 • Apr 21SVI Public Company Limited Approves Omission of Dividend PaymentSVI Public Company Limited at its Annual General Meeting held on April 20, 2026, approved the Omission of Dividend Payment.New Risk • Feb 19New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.3% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.9% net profit margin).Reported Earnings • Feb 13Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: ฿0.33 (down from ฿0.64 in FY 2024). Revenue: ฿18.3b (down 17% from FY 2024). Net income: ฿713.0m (down 49% from FY 2024). Profit margin: 3.9% (down from 6.3% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.5%. Earnings per share (EPS) exceeded analyst estimates by 10%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.공시 • Feb 11SVI Public Company Limited, Annual General Meeting, Apr 10, 2026SVI Public Company Limited, Annual General Meeting, Apr 10, 2026, at 09:30 SE Asia Standard Time.Reported Earnings • Nov 08Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: ฿0.13 (up from ฿0.08 in 3Q 2024). Revenue: ฿5.19b (down 6.7% from 3Q 2024). Net income: ฿269.7m (up 64% from 3Q 2024). Profit margin: 5.2% (up from 3.0% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 8.2%. Earnings per share (EPS) also surpassed analyst estimates by 63%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 22% 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.Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿7.15, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Electronic industry in Thailand. Total loss to shareholders of 5.6% over the past three years.Major Estimate Revision • Aug 13Consensus EPS estimates fall by 22%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from ฿21.0b to ฿21.4b. EPS estimate fell from ฿0.499 to ฿0.391 per share. Net income forecast to grow 35% next year vs 26% growth forecast for Electronic industry in Thailand. Consensus price target broadly unchanged at ฿6.26. Share price fell 3.3% to ฿5.90 over the past week.Reported Earnings • Aug 07Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: ฿0.04 (down from ฿0.27 in 2Q 2024). Revenue: ฿4.35b (down 27% from 2Q 2024). Net income: ฿91.1m (down 84% from 2Q 2024). Profit margin: 2.1% (down from 9.7% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) also missed analyst estimates by 50%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Price Target Changed • Jun 25Price target decreased by 12% to ฿6.34Down from ฿7.17, the current price target is an average from 4 analysts. New target price is 6.5% above last closing price of ฿5.95. Stock is down 34% over the past year. The company is forecast to post earnings per share of ฿0.51 for next year compared to ฿0.64 last year.Price Target Changed • May 13Price target decreased by 8.2% to ฿7.17Down from ฿7.81, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ฿7.05. Stock is up 1.4% over the past year. The company is forecast to post earnings per share of ฿0.55 for next year compared to ฿0.64 last year.Reported Earnings • May 09First quarter 2025 earnings released: EPS: ฿0.07 (vs ฿0.15 in 1Q 2024)First quarter 2025 results: EPS: ฿0.07 (down from ฿0.15 in 1Q 2024). Revenue: ฿4.22b (down 17% from 1Q 2024). Net income: ฿143.4m (down 55% from 1Q 2024). Profit margin: 3.4% (down from 6.3% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Electronic 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 1% per year, which means it is well ahead of earnings.Board Change • Apr 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Chairman of the Board Prasert Bunsumpun was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Apr 15Upcoming dividend of ฿0.24 per shareEligible shareholders must have bought the stock before 22 April 2025. Payment date: 09 May 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Thai dividend payers (8.1%). Higher than average of industry peers (1.3%).공시 • Apr 12+ 1 more updateSVI Public Company Limited Approves Appointment of Ms. Nitaya Direksathapon and Ms. Phonpimol Pathomsak as DirectorsSVI Public Company Limited at its AGM held on April 11, 2025, approved appointment of Ms. Nitaya Direksathapon and Ms. Phonpimol Pathomsak to be the Company's directors.Reported Earnings • Feb 11Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: ฿0.64 (up from ฿0.43 in FY 2023). Revenue: ฿21.9b (down 3.4% from FY 2023). Net income: ฿1.39b (up 50% from FY 2023). Profit margin: 6.3% (up from 4.1% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) exceeded analyst estimates by 5.7%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Declared Dividend • Feb 10Dividend of ฿0.24 announcedShareholders will receive a dividend of ฿0.24. Ex-date: 22nd April 2025 Payment date: 9th May 2025 Dividend yield will be 3.4%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Feb 08SVI Public Company Limited, Annual General Meeting, Apr 11, 2025SVI Public Company Limited, Annual General Meeting, Apr 11, 2025, at 09:30 W. Europe Standard Time.Board Change • Feb 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. 2 highly experienced directors. Director Sutee Losoponkul was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Jan 16SVI Public Company Limited Announces Retirement of Somchai Siripanyanon as PresidentSVI Public Company Limited announced that Mr. Somchai Siripanyanon, the President, has retired from his position. The retirement will be effective from January 1, 2025.Price Target Changed • Dec 04Price target decreased by 7.4% to ฿8.26Down from ฿8.92, the current price target is an average from 5 analysts. New target price is 10% above last closing price of ฿7.50. Stock is up 6.4% over the past year. The company is forecast to post earnings per share of ฿0.62 for next year compared to ฿0.43 last year.Reported Earnings • Nov 14Third quarter 2024 earnings released: EPS: ฿0.08 (vs ฿0.13 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.08 (down from ฿0.13 in 3Q 2023). Revenue: ฿5.59b (flat on 3Q 2023). Net income: ฿164.8m (down 40% from 3Q 2023). Profit margin: 2.9% (down from 4.9% in 3Q 2023). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 7% per year.Major Estimate Revision • Aug 16Consensus EPS estimates increase by 14%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ฿25.1b to ฿24.5b. EPS estimate rose from ฿0.573 to ฿0.651. Net income forecast to grow 3.0% next year vs 16% growth forecast for Electronic industry in Thailand. Consensus price target up from ฿8.30 to ฿9.43. Share price rose 15% to ฿8.25 over the past week.New Risk • Aug 13New 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 7.9% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 10Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: ฿0.27 (up from ฿0.13 in 2Q 2023). Revenue: ฿5.99b (up 5.3% from 2Q 2023). Net income: ฿578.3m (up 106% from 2Q 2023). Profit margin: 9.6% (up from 4.9% in 2Q 2023). Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) also surpassed analyst estimates by 135%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic 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 15% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Jun 15Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ฿0.52 to ฿0.577. Revenue forecast steady at ฿25.7b. Net income forecast to grow 19% next year vs 17% growth forecast for Electronic industry in Thailand. Consensus price target up from ฿7.38 to ฿8.13. Share price was steady at ฿7.75 over the past week.Price Target Changed • Jun 13Price target increased by 7.8% to ฿7.60Up from ฿7.05, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ฿7.90. Stock is down 9.2% over the past year. The company is forecast to post earnings per share of ฿0.52 for next year compared to ฿0.43 last year.Reported Earnings • May 15First quarter 2024 earnings released: EPS: ฿0.15 (vs ฿0.07 in 1Q 2023)First quarter 2024 results: EPS: ฿0.15 (up from ฿0.07 in 1Q 2023). Revenue: ฿5.09b (down 17% from 1Q 2023). Net income: ฿317.8m (up 116% from 1Q 2023). Profit margin: 6.2% (up from 2.4% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 13% per year.Upcoming Dividend • Apr 15Upcoming dividend of ฿0.14 per shareEligible shareholders must have bought the stock before 22 April 2024. Payment date: 09 May 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Thai dividend payers (5.8%). Higher than average of industry peers (1.1%).공시 • Apr 11SVI Public Company Limited Approves Cash Dividend for the Fiscal Year 2023, Payable on May 9, 2024SVI Public Company Limited at its AGM held on April 11, 2023 approved the allocation of profit and payment of dividend for the operating results of the fiscal year 2023, Cash dividend THB 0.135 per share, paying from the net profit generated under BOI's promoted activities. Ex- dividend(XD) date on April 22, 2024. To fix the record date of shareholders (Record Date) is scheduled on April 23, 2024. Payment of Dividend is scheduled on May 9, 2024.Declared Dividend • Feb 11Dividend reduced to ฿0.14Dividend of ฿0.14 is 48% lower than last year. Ex-date: 22nd April 2024 Payment date: 9th May 2024 Dividend yield will be 2.0%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Feb 07SVI Public Company Limited, Annual General Meeting, Apr 11, 2024SVI Public Company Limited, Annual General Meeting, Apr 11, 2024, at 09:30 SE Asia Standard Time. Agenda: To certify the Minutes of the 2023 Annual General Meeting of Shareholders; to acknowledge the Company's operating result of the fiscal year 2023; to consider and approve the Company financial statements for the fiscal year ended December 31, 2023 audited by the auditors; to consider and approve the election of Directors in substitution of retiring Directors; to consider and approve the director remuneration for the year 2024; and to consider other matters.Reported Earnings • Feb 07Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ฿0.43 (down from ฿0.82 in FY 2022). Revenue: ฿22.8b (down 12% from FY 2022). Net income: ฿924.5m (down 48% from FY 2022). Profit margin: 4.0% (down from 6.8% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 5.5%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.공시 • Feb 07SVI Public Company Limited Proposes Cash Dividend for the Fiscal Year 2023, Payable on May 9, 2024SVI Public Company Limited announced that at its board meeting held on February 6, 2024, resolved the following: The agendas proposed to the 2024 Annual General Meeting of Shareholders' meeting are as follows: The declaration of dividend will be paid in cash of THB 0.135 per share, for the total amount of THB 290.68 million or equivalent of 31.46% of net profit from the group company's operation and 35.83% of net profit from the company's operation for the fiscal year 2023, details are as follows: Ex-dividend date on April 22, 2024; To fix the record date of shareholders is scheduled on April 23, 2024; Payment of dividend is scheduled on May 9, 2024.공시 • Jan 19Svi Public Company Limited Announces Resignation of Somchai Siripanyanon as DirectorThe Board of Directors of SVI Public Company Limited at its board Meeting held on January 19, 2024 acknowledged the resignation of Mr. Somchai Siripanyanon from director, effective from January 31, 2024, onward. However, Mr. Somchai Siripanyanon still holding the position of a president of the company.Major Estimate Revision • Nov 20Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ฿25.7b to ฿24.0b. EPS estimate also fell from ฿0.53 per share to ฿0.455 per share. Net income forecast to shrink 4.1% next year vs 9.8% growth forecast for Electronic industry in Thailand . Consensus price target down from ฿8.40 to ฿7.10. Share price was steady at ฿7.05 over the past week.Price Target Changed • Nov 15Price target decreased by 11% to ฿7.83Down from ฿8.80, the current price target is an average from 4 analysts. New target price is 8.7% above last closing price of ฿7.20. Stock is down 27% over the past year. The company is forecast to post earnings per share of ฿0.45 for next year compared to ฿0.82 last year.Reported Earnings • Nov 14Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: ฿0.13 (down from ฿0.28 in 3Q 2022). Revenue: ฿5.60b (down 20% from 3Q 2022). Net income: ฿275.0m (down 54% from 3Q 2022). Profit margin: 4.9% (down from 8.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 8.8%. Earnings per share (EPS) exceeded analyst estimates by 8.3%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.New Risk • Nov 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.9% Last year net profit margin: 7.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (55% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.9% net profit margin).Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: ฿0.13 (vs ฿0.20 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.13 (down from ฿0.20 in 2Q 2022). Revenue: ฿5.72b (down 4.0% from 2Q 2022). Net income: ฿281.0m (down 33% from 2Q 2022). Profit margin: 4.9% (down from 7.1% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Aug 11Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ฿28.6b to ฿26.1b. EPS estimate also fell from ฿0.64 per share to ฿0.57 per share. Net income forecast to shrink 24% next year vs 10% growth forecast for Electronic industry in Thailand . Consensus price target down from ฿8.80 to ฿8.45. Share price fell 2.5% to ฿7.85 over the past week.Reported Earnings • May 17First quarter 2023 earnings released: EPS: ฿0.07 (vs ฿0.12 in 1Q 2022)First quarter 2023 results: EPS: ฿0.07 (down from ฿0.12 in 1Q 2022). Revenue: ฿6.17b (up 7.9% from 1Q 2022). Net income: ฿147.2m (down 44% from 1Q 2022). Profit margin: 2.4% (down from 4.6% in 1Q 2022). 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 10% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ฿7.75, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Electronic industry in Thailand. Total returns to shareholders of 198% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿4.45 per share.Major Estimate Revision • May 13Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ฿29.5b to ฿28.9b. EPS estimate also fell from ฿0.777 per share to ฿0.687 per share. Net income forecast to shrink 14% next year vs 11% growth forecast for Electronic industry in Thailand . Consensus price target down from ฿10.50 to ฿9.30. Share price fell 9.2% to ฿8.35 over the past week.Upcoming Dividend • Apr 25Upcoming dividend of ฿0.26 per share at 2.7% yieldEligible shareholders must have bought the stock before 02 May 2023. Payment date: 16 May 2023. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 2.7%. Lower than top quartile of Thai dividend payers (6.0%). Higher than average of industry peers (0.9%).공시 • Feb 17SVI Public Company Limited, Annual General Meeting, Apr 21, 2023SVI Public Company Limited, Annual General Meeting, Apr 21, 2023, at 02:30 Coordinated Universal Time. Agenda: To consider and approve the Company financial statements for the fiscal year ended December 31, 2022 audited by the auditors; to acknowledge the appointment of Director replacing a vacant Director position; to consider and approve the election of Directors in substitution of retiring Directors; to consider and approve the director remuneration for the year 2023; to consider and approve the appointment of Auditor for the fiscal year 2023 and fix their remuneration; to consider and approve the allocation of profit and payment of dividend for the operating result of the fiscal year 2022; and such other business issues.Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿11.10, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 20x in the Electronic industry in Thailand. Total returns to shareholders of 250% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿8.52 per share.Major Estimate Revision • Nov 16Consensus EPS estimates increase by 25%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ฿25.2b to ฿26.0b. EPS estimate increased from ฿0.56 to ฿0.71 per share. Net income forecast to shrink 11% next year vs 9.8% growth forecast for Electronic industry in Thailand . Consensus price target up from ฿8.05 to ฿9.90. Share price rose 3.7% to ฿9.80 over the past week.Price Target Changed • Nov 10Price target increased to ฿9.43Up from ฿8.05, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of ฿9.45. Stock is up 30% over the past year. The company posted earnings per share of ฿0.65 last year.Reported Earnings • Nov 08Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: ฿0.28 (up from ฿0.24 in 3Q 2021). Revenue: ฿7.04b (up 60% from 3Q 2021). Net income: ฿598.3m (up 15% from 3Q 2021). Profit margin: 8.5% (down from 12% in 3Q 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 65%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿8.90, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Electronic industry in Thailand. Total returns to shareholders of 212% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿7.03 per share.Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: ฿0.20 (vs ฿0.077 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.20 (up from ฿0.077 in 2Q 2021). Revenue: ฿6.06b (up 58% from 2Q 2021). Net income: ฿421.6m (up 155% from 2Q 2021). Profit margin: 7.0% (up from 4.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 80% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Jul 26Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ฿23.8b to ฿24.9b. EPS estimate increased from ฿0.50 to ฿0.55 per share. Net income forecast to shrink 18% next year vs 21% growth forecast for Electronic industry in Thailand . Consensus price target down from ฿8.70 to ฿8.20. Share price rose 8.2% to ฿7.25 over the past week.Price Target Changed • May 15Price target decreased to ฿8.70Down from ฿9.93, the current price target is an average from 4 analysts. New target price is 27% above last closing price of ฿6.85. Stock is up 45% over the past year. The company is forecast to post earnings per share of ฿0.50 for next year compared to ฿0.65 last year.Reported Earnings • May 14First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: ฿0.12 (up from ฿0.069 in 1Q 2021). Revenue: ฿5.73b (up 66% from 1Q 2021). Net income: ฿262.0m (up 77% from 1Q 2021). Profit margin: 4.6% (up from 4.3% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Over the next year, revenue is forecast to grow 23%, compared to a 102% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Apr 28Upcoming dividend of ฿0.23 per shareEligible shareholders must have bought the stock before 05 May 2022. Payment date: 17 May 2022. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Thai dividend payers (5.1%). Higher than average of industry peers (1.4%).Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improved over the past weekAfter last week's 23% share price gain to ฿8.85, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Electronic industry in Thailand. Total returns to shareholders of 177% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿3.59 per share.Price Target Changed • Feb 22Price target increased to ฿8.75Up from ฿7.98, the current price target is an average from 4 analysts. New target price is 5.9% below last closing price of ฿9.30. Stock is up 96% over the past year. The company is forecast to post earnings per share of ฿0.59 for next year compared to ฿0.65 last year.Reported Earnings • Feb 18Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: ฿0.65 (up from ฿0.32 in FY 2020). Revenue: ฿17.5b (up 14% from FY 2020). Net income: ฿1.41b (up 105% from FY 2020). Profit margin: 8.1% (up from 4.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Over the next year, revenue is forecast to grow 8.5%, compared to a 85% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 64% share price gain to ฿9.20, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 23x in the Electronic industry in Thailand. Total returns to shareholders of 182% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿4.17 per share.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS ฿0.24 (vs ฿0.12 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿4.43b (up 5.6% from 3Q 2020). Net income: ฿520.5m (up 109% from 3Q 2020). Profit margin: 12% (up from 5.9% in 3Q 2020). 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 15% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Nov 12Price target increased to ฿6.54Up from ฿5.52, the current price target is an average from 4 analysts. New target price is 22% below last closing price of ฿8.35. Stock is up 78% over the past year. The company is forecast to post earnings per share of ฿0.44 for next year compared to ฿0.32 last year.Price Target Changed • Nov 12Price target increased to ฿6.54Up from ฿5.52, the current price target is an average from 4 analysts. New target price is 22% below last closing price of ฿8.35. Stock is up 78% over the past year. The company is forecast to post earnings per share of ฿0.44 for next year compared to ฿0.32 last year.Price Target Changed • Oct 15Price target increased to ฿5.84Up from ฿5.41, the current price target is an average from 4 analysts. New target price is 9.1% above last closing price of ฿5.35. Stock is up 17% over the past year.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.07 (vs ฿0.05 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ฿3.85b (down 7.8% from 2Q 2020). Net income: ฿165.4m (up 52% from 2Q 2020). Profit margin: 4.3% (up from 2.6% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year.Reported Earnings • May 14First quarter 2021 earnings released: EPS ฿0.07 (vs ฿0.10 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: ฿3.48b (up 7.6% from 1Q 2020). Net income: ฿148.2m (down 35% from 1Q 2020). Profit margin: 4.3% (down from 7.0% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 4% per year.Upcoming Dividend • Apr 29Upcoming dividend of ฿0.11 per shareEligible shareholders must have bought the stock before 06 May 2021. Payment date: 17 May 2021. Trailing yield: 2.2%. Lower than top quartile of Thai dividend payers (4.8%). Higher than average of industry peers (1.2%).Major Estimate Revision • Mar 24Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from ฿0.30 to ฿0.27 per share. Revenue forecast steady at ฿17.6b. Net income forecast to shrink 15% next year vs 18% growth forecast for Electronic industry in Thailand . Consensus price target broadly unchanged at ฿5.09. Share price was steady at ฿4.86 over the past week.Analyst Estimate Surprise Post Earnings • Feb 23Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 20%, compared to a 8.9% growth forecast for the Electronic industry in Thailand.Reported Earnings • Feb 21Full year 2020 earnings released: EPS ฿0.32 (vs ฿0.17 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿15.4b (up 1.7% from FY 2019). Net income: ฿686.5m (up 85% from FY 2019). Profit margin: 4.5% (up from 2.5% in FY 2019). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 5% per year.Executive Departure • Feb 04CEO, MD & Director Pongsak Lothongkam has left the companyOn the 4th of February, Pongsak Lothongkam's tenure as CEO, MD & Director of the company ended. We don't have any record of a personal shareholding under Pongsak's name. Pongsak is the only executive to leave the company over the last 12 months.Is New 90 Day High Low • Jan 25New 90-day high: ฿5.85The company is up 9.0% from its price of ฿5.35 on 27 October 2020. The Thai market is up 24% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 121% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿1.65 per share.Valuation Update With 7 Day Price Move • Jan 11Investor sentiment improved over the past weekAfter last week's 15% share price gain to ฿4.94, the stock is trading at a trailing P/E ratio of 17.3x, up from the previous P/E ratio of 15x. This compares to an average P/E of 22x in the Electronic industry in Thailand. Total returns to shareholders over the past three years are 77%.Major Estimate Revision • Nov 18Analysts update estimatesThe 2020 consensus revenue estimate was lowered from ฿15.8b to ฿15.6b. Earnings per share (EPS) increased from ฿0.25 to ฿0.33 for the same period. Net income is expected to grow by 4.4% next year compared to 14% growth forecast for the Electronic industry in Thailand. The consensus price target increased from ฿4.38 to ฿4.80. Share price stayed mostly flat at ฿4.58 over the past week.Price Target Changed • Nov 15Price target raised to ฿4.85Up from ฿4.38, the current price target is an average from 5 analysts. The new target price is close to the current share price of ฿4.70. As of last close, the stock is down 5.6% over the past year.Analyst Estimate Surprise Post Earnings • Nov 12Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 4.7%. Earnings per share (EPS) exceeded analyst estimates by 100%. Over the next year, revenue is forecast to grow 9.0%, compared to a 11% growth forecast for the Electronic industry in Thailand.Reported Earnings • Nov 12Third quarter 2020 earnings released: EPS ฿0.12The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿4.22b (up 9.8% from 3Q 2019). Net income: ฿249.4m (up 126% from 3Q 2019). Profit margin: 5.9% (up from 2.9% in 3Q 2019). 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 and the company’s share price has also increased by 1% per year.Price Target Changed • Oct 28Price target raised to ฿4.38Up from ฿3.49, the current price target is an average from 4 analysts. The new target price is 17% below the current share price of ฿5.30. As of last close, the stock is up 17% over the past year.Valuation Update With 7 Day Price Move • Oct 23Market bids up stock over the past weekAfter last week's 20% share price gain to ฿5.45, the stock is trading at a trailing P/E ratio of 24.8x, up from the previous P/E ratio of 20.8x. This compares to an average P/E of 23x in the Electronic industry in Thailand. Total returns to shareholders over the past three years are 67%.Is New 90 Day High Low • Oct 22New 90-day high: ฿5.45The company is up 66% from its price of ฿3.28 on 24 July 2020. The Thai market is down 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 69% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿1.45 per share.Is New 90 Day High Low • Oct 05New 90-day high: ฿4.20The company is up 49% from its price of ฿2.82 on 07 July 2020. The Thai market is down 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 98% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿1.40 per share.Price Target Changed • Sep 22Price target raised to ฿3.49Up from ฿3.23, the current price target is an average from 5 analysts. The new target price is 10% below the current share price of ฿3.90. As of last close, the stock is down 16% over the past year.이익 및 매출 성장 예측SET:SVI - 애널리스트 향후 추정치 및 과거 재무 데이터 (THB Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202724,4391,1745331,035112/31/202621,392833-2648123/31/202619,125904416749N/A12/31/202518,3057131,5651,832N/A9/30/202518,9538291,6691,858N/A6/30/202519,4027242,4502,668N/A3/31/202521,0391,2112,9933,313N/A12/31/202421,9121,3862,3862,780N/A9/30/202421,8571,2822,1492,602N/A6/30/202421,8561,3921,7752,230N/A3/31/202421,6131,0951,2521,708N/A12/31/202322,6919241,4551,890N/A9/30/202324,6131,1931,6442,066N/A6/30/202326,0631,5171,2451,789N/A3/31/202326,3281,6577711,345N/A12/31/202225,8981,772366947N/A9/30/202224,3841,874-1,010-377N/A6/30/202221,7831,796-1,598-1,112N/A3/31/202219,6551,540-1,709-1,349N/A12/31/202117,4001,426-1,432-1,145N/A9/30/202115,403936412590N/A6/30/202115,1886659391,099N/A3/31/202115,5316089501,264N/A12/31/202015,2826867531,102N/A9/30/202014,7546131,0141,352N/A6/30/202014,3824741,4021,757N/A3/31/202014,2805151,3581,601N/A12/31/201914,962372N/A1,688N/A9/30/201916,272553N/A500N/A6/30/201916,632701N/A28N/A3/31/201916,328822N/A-51N/A12/31/201815,716803N/A-338N/A9/30/201814,566705N/A-429N/A6/30/201813,594527N/A-582N/A3/31/201812,952381N/A-432N/A12/31/201712,682491N/A-192N/A9/30/201712,498587N/A97N/A6/30/201712,1611,302N/A1,252N/A3/31/201711,9951,750N/A1,641N/A12/31/201611,1521,603N/A1,587N/A9/30/201610,0751,867N/A1,956N/A6/30/20169,5811,217N/A1,348N/A3/31/20168,9591,780N/A1,921N/A12/31/20158,2212,029N/A342N/A9/30/20157,462303N/A1,600N/A6/30/20157,730598N/A1,793N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: SVI 의 연간 예상 수익 증가율(14%)이 saving rate(2.2%)보다 높습니다.수익 vs 시장: SVI 의 연간 수익(14%)이 TH 시장(10.3%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: SVI 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: SVI 의 수익(연간 14%)이 TH 시장(연간 9.6%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: SVI 의 수익(연간 14%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: SVI의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YTech 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 19:14종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스SVI Public Company Limited는 11명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Anakepong PutthapibalAsia Plus Securities Company LimitedNapon JaisanBualuang Securities PCLKasem PrunratanamalaCGS International8명의 분석가 더 보기
Major Estimate Revision • Aug 13Consensus EPS estimates fall by 22%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from ฿21.0b to ฿21.4b. EPS estimate fell from ฿0.499 to ฿0.391 per share. Net income forecast to grow 35% next year vs 26% growth forecast for Electronic industry in Thailand. Consensus price target broadly unchanged at ฿6.26. Share price fell 3.3% to ฿5.90 over the past week.
Price Target Changed • Jun 25Price target decreased by 12% to ฿6.34Down from ฿7.17, the current price target is an average from 4 analysts. New target price is 6.5% above last closing price of ฿5.95. Stock is down 34% over the past year. The company is forecast to post earnings per share of ฿0.51 for next year compared to ฿0.64 last year.
Price Target Changed • May 13Price target decreased by 8.2% to ฿7.17Down from ฿7.81, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ฿7.05. Stock is up 1.4% over the past year. The company is forecast to post earnings per share of ฿0.55 for next year compared to ฿0.64 last year.
Price Target Changed • Dec 04Price target decreased by 7.4% to ฿8.26Down from ฿8.92, the current price target is an average from 5 analysts. New target price is 10% above last closing price of ฿7.50. Stock is up 6.4% over the past year. The company is forecast to post earnings per share of ฿0.62 for next year compared to ฿0.43 last year.
Major Estimate Revision • Aug 16Consensus EPS estimates increase by 14%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ฿25.1b to ฿24.5b. EPS estimate rose from ฿0.573 to ฿0.651. Net income forecast to grow 3.0% next year vs 16% growth forecast for Electronic industry in Thailand. Consensus price target up from ฿8.30 to ฿9.43. Share price rose 15% to ฿8.25 over the past week.
Major Estimate Revision • Jun 15Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ฿0.52 to ฿0.577. Revenue forecast steady at ฿25.7b. Net income forecast to grow 19% next year vs 17% growth forecast for Electronic industry in Thailand. Consensus price target up from ฿7.38 to ฿8.13. Share price was steady at ฿7.75 over the past week.
Valuation Update With 7 Day Price Move • 9hInvestor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ฿5.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Electronic industry in Thailand. Total loss to shareholders of 32% over the past three years.
Reported Earnings • May 16First quarter 2026 earnings released: EPS: ฿0.16 (vs ฿0.07 in 1Q 2025)First quarter 2026 results: EPS: ฿0.16 (up from ฿0.07 in 1Q 2025). Revenue: ฿5.03b (up 20% from 1Q 2025). Net income: ฿334.5m (up 133% from 1Q 2025). Profit margin: 6.6% (up from 3.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
공시 • May 13Pongsak Lothongkam completed the acquisition of 21.5% stake in SVI Public Company Limited (SET:SVI) from a group of shareholders.Pongsak Lothongkam signed a letter of intent to acquire remaining 21.83% stake in SVI Public Company Limited (SET:SVI) from a group of shareholders for THB 3.5 billion on October 31, 2025. A cash consideration of THB 3.53 billion valued at THB 7.5 per share will be paid by Pongsak Lothongkam. As part of consideration, THB 3.53 billion is paid towards common equity of SVI Public Company Limited. Upon completion, Pongsak Lothongkam wlll hold 100% stake in SVI Public Company Limited. The transaction is subject to obtaining financial support from financial institutions, approval by the shareholders' meeting of SVI Public Company Limited with at least three-fourths of the votes, and necessary regulatory approvals from relevant authorities. The Independent Directors are in the opinion that the Delisting of SVI Public Company Limited’s Securities is deemed reasonable and appropriate. On January 13, 2026, at the Extraordinary General Meeting of Shareholders approved the delisting of the SVI's securities from the Stock Exchange of Thailand, with 82.8316% voting in favor. As of February 23, 2026, Pongsak Lothongkam has received support from KASIKORNBANK Public Company Limited to finance the offer. The tender offer will commence on February 24, 2026, and will close on May 6, 2026. As of April 3, 2026, SVI Public Company Limited received a copy of the Amendment to the Tender Offer for the Securities from Pongsak Lohthongkam. Jay Capital Advisory Limited acted as financial advisor and fairness opinion provider to SVI Public Company Limited. Kasikorn Securities Public Company Limited acted as financial advisor to Pongsak Lothongkam. Baker & McKenzie Ltd. acted as legal advisor to SVI Public Company Limited. Discover Management Co., Ltd. acted as financial advisor to Pongsak Lothongkam. Discover Management Company Limited acted as independent financial advisor for Pongsak Lothongkam Pongsak Lothongkam completed the acquisition of 21.5% stake in SVI Public Company Limited (SET:SVI) from a group of shareholders on May 11, 2026.
Valuation Update With 7 Day Price Move • May 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿6.25, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Electronic industry in Thailand. Total loss to shareholders of 31% over the past three years.
공시 • Apr 21SVI Public Company Limited Approves Omission of Dividend PaymentSVI Public Company Limited at its Annual General Meeting held on April 20, 2026, approved the Omission of Dividend Payment.
New Risk • Feb 19New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.3% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.9% net profit margin).
Reported Earnings • Feb 13Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: ฿0.33 (down from ฿0.64 in FY 2024). Revenue: ฿18.3b (down 17% from FY 2024). Net income: ฿713.0m (down 49% from FY 2024). Profit margin: 3.9% (down from 6.3% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.5%. Earnings per share (EPS) exceeded analyst estimates by 10%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
공시 • Feb 11SVI Public Company Limited, Annual General Meeting, Apr 10, 2026SVI Public Company Limited, Annual General Meeting, Apr 10, 2026, at 09:30 SE Asia Standard Time.
Reported Earnings • Nov 08Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: ฿0.13 (up from ฿0.08 in 3Q 2024). Revenue: ฿5.19b (down 6.7% from 3Q 2024). Net income: ฿269.7m (up 64% from 3Q 2024). Profit margin: 5.2% (up from 3.0% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 8.2%. Earnings per share (EPS) also surpassed analyst estimates by 63%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 22% 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.
Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿7.15, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Electronic industry in Thailand. Total loss to shareholders of 5.6% over the past three years.
Major Estimate Revision • Aug 13Consensus EPS estimates fall by 22%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from ฿21.0b to ฿21.4b. EPS estimate fell from ฿0.499 to ฿0.391 per share. Net income forecast to grow 35% next year vs 26% growth forecast for Electronic industry in Thailand. Consensus price target broadly unchanged at ฿6.26. Share price fell 3.3% to ฿5.90 over the past week.
Reported Earnings • Aug 07Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: ฿0.04 (down from ฿0.27 in 2Q 2024). Revenue: ฿4.35b (down 27% from 2Q 2024). Net income: ฿91.1m (down 84% from 2Q 2024). Profit margin: 2.1% (down from 9.7% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) also missed analyst estimates by 50%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Price Target Changed • Jun 25Price target decreased by 12% to ฿6.34Down from ฿7.17, the current price target is an average from 4 analysts. New target price is 6.5% above last closing price of ฿5.95. Stock is down 34% over the past year. The company is forecast to post earnings per share of ฿0.51 for next year compared to ฿0.64 last year.
Price Target Changed • May 13Price target decreased by 8.2% to ฿7.17Down from ฿7.81, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ฿7.05. Stock is up 1.4% over the past year. The company is forecast to post earnings per share of ฿0.55 for next year compared to ฿0.64 last year.
Reported Earnings • May 09First quarter 2025 earnings released: EPS: ฿0.07 (vs ฿0.15 in 1Q 2024)First quarter 2025 results: EPS: ฿0.07 (down from ฿0.15 in 1Q 2024). Revenue: ฿4.22b (down 17% from 1Q 2024). Net income: ฿143.4m (down 55% from 1Q 2024). Profit margin: 3.4% (down from 6.3% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Electronic 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 1% per year, which means it is well ahead of earnings.
Board Change • Apr 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Chairman of the Board Prasert Bunsumpun was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Apr 15Upcoming dividend of ฿0.24 per shareEligible shareholders must have bought the stock before 22 April 2025. Payment date: 09 May 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Thai dividend payers (8.1%). Higher than average of industry peers (1.3%).
공시 • Apr 12+ 1 more updateSVI Public Company Limited Approves Appointment of Ms. Nitaya Direksathapon and Ms. Phonpimol Pathomsak as DirectorsSVI Public Company Limited at its AGM held on April 11, 2025, approved appointment of Ms. Nitaya Direksathapon and Ms. Phonpimol Pathomsak to be the Company's directors.
Reported Earnings • Feb 11Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: ฿0.64 (up from ฿0.43 in FY 2023). Revenue: ฿21.9b (down 3.4% from FY 2023). Net income: ฿1.39b (up 50% from FY 2023). Profit margin: 6.3% (up from 4.1% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) exceeded analyst estimates by 5.7%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Declared Dividend • Feb 10Dividend of ฿0.24 announcedShareholders will receive a dividend of ฿0.24. Ex-date: 22nd April 2025 Payment date: 9th May 2025 Dividend yield will be 3.4%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Feb 08SVI Public Company Limited, Annual General Meeting, Apr 11, 2025SVI Public Company Limited, Annual General Meeting, Apr 11, 2025, at 09:30 W. Europe Standard Time.
Board Change • Feb 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. 2 highly experienced directors. Director Sutee Losoponkul was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Jan 16SVI Public Company Limited Announces Retirement of Somchai Siripanyanon as PresidentSVI Public Company Limited announced that Mr. Somchai Siripanyanon, the President, has retired from his position. The retirement will be effective from January 1, 2025.
Price Target Changed • Dec 04Price target decreased by 7.4% to ฿8.26Down from ฿8.92, the current price target is an average from 5 analysts. New target price is 10% above last closing price of ฿7.50. Stock is up 6.4% over the past year. The company is forecast to post earnings per share of ฿0.62 for next year compared to ฿0.43 last year.
Reported Earnings • Nov 14Third quarter 2024 earnings released: EPS: ฿0.08 (vs ฿0.13 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.08 (down from ฿0.13 in 3Q 2023). Revenue: ฿5.59b (flat on 3Q 2023). Net income: ฿164.8m (down 40% from 3Q 2023). Profit margin: 2.9% (down from 4.9% in 3Q 2023). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 7% per year.
Major Estimate Revision • Aug 16Consensus EPS estimates increase by 14%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ฿25.1b to ฿24.5b. EPS estimate rose from ฿0.573 to ฿0.651. Net income forecast to grow 3.0% next year vs 16% growth forecast for Electronic industry in Thailand. Consensus price target up from ฿8.30 to ฿9.43. Share price rose 15% to ฿8.25 over the past week.
New Risk • Aug 13New 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 7.9% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 10Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: ฿0.27 (up from ฿0.13 in 2Q 2023). Revenue: ฿5.99b (up 5.3% from 2Q 2023). Net income: ฿578.3m (up 106% from 2Q 2023). Profit margin: 9.6% (up from 4.9% in 2Q 2023). Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) also surpassed analyst estimates by 135%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic 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 15% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Jun 15Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ฿0.52 to ฿0.577. Revenue forecast steady at ฿25.7b. Net income forecast to grow 19% next year vs 17% growth forecast for Electronic industry in Thailand. Consensus price target up from ฿7.38 to ฿8.13. Share price was steady at ฿7.75 over the past week.
Price Target Changed • Jun 13Price target increased by 7.8% to ฿7.60Up from ฿7.05, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ฿7.90. Stock is down 9.2% over the past year. The company is forecast to post earnings per share of ฿0.52 for next year compared to ฿0.43 last year.
Reported Earnings • May 15First quarter 2024 earnings released: EPS: ฿0.15 (vs ฿0.07 in 1Q 2023)First quarter 2024 results: EPS: ฿0.15 (up from ฿0.07 in 1Q 2023). Revenue: ฿5.09b (down 17% from 1Q 2023). Net income: ฿317.8m (up 116% from 1Q 2023). Profit margin: 6.2% (up from 2.4% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 13% per year.
Upcoming Dividend • Apr 15Upcoming dividend of ฿0.14 per shareEligible shareholders must have bought the stock before 22 April 2024. Payment date: 09 May 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Thai dividend payers (5.8%). Higher than average of industry peers (1.1%).
공시 • Apr 11SVI Public Company Limited Approves Cash Dividend for the Fiscal Year 2023, Payable on May 9, 2024SVI Public Company Limited at its AGM held on April 11, 2023 approved the allocation of profit and payment of dividend for the operating results of the fiscal year 2023, Cash dividend THB 0.135 per share, paying from the net profit generated under BOI's promoted activities. Ex- dividend(XD) date on April 22, 2024. To fix the record date of shareholders (Record Date) is scheduled on April 23, 2024. Payment of Dividend is scheduled on May 9, 2024.
Declared Dividend • Feb 11Dividend reduced to ฿0.14Dividend of ฿0.14 is 48% lower than last year. Ex-date: 22nd April 2024 Payment date: 9th May 2024 Dividend yield will be 2.0%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Feb 07SVI Public Company Limited, Annual General Meeting, Apr 11, 2024SVI Public Company Limited, Annual General Meeting, Apr 11, 2024, at 09:30 SE Asia Standard Time. Agenda: To certify the Minutes of the 2023 Annual General Meeting of Shareholders; to acknowledge the Company's operating result of the fiscal year 2023; to consider and approve the Company financial statements for the fiscal year ended December 31, 2023 audited by the auditors; to consider and approve the election of Directors in substitution of retiring Directors; to consider and approve the director remuneration for the year 2024; and to consider other matters.
Reported Earnings • Feb 07Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ฿0.43 (down from ฿0.82 in FY 2022). Revenue: ฿22.8b (down 12% from FY 2022). Net income: ฿924.5m (down 48% from FY 2022). Profit margin: 4.0% (down from 6.8% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 5.5%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
공시 • Feb 07SVI Public Company Limited Proposes Cash Dividend for the Fiscal Year 2023, Payable on May 9, 2024SVI Public Company Limited announced that at its board meeting held on February 6, 2024, resolved the following: The agendas proposed to the 2024 Annual General Meeting of Shareholders' meeting are as follows: The declaration of dividend will be paid in cash of THB 0.135 per share, for the total amount of THB 290.68 million or equivalent of 31.46% of net profit from the group company's operation and 35.83% of net profit from the company's operation for the fiscal year 2023, details are as follows: Ex-dividend date on April 22, 2024; To fix the record date of shareholders is scheduled on April 23, 2024; Payment of dividend is scheduled on May 9, 2024.
공시 • Jan 19Svi Public Company Limited Announces Resignation of Somchai Siripanyanon as DirectorThe Board of Directors of SVI Public Company Limited at its board Meeting held on January 19, 2024 acknowledged the resignation of Mr. Somchai Siripanyanon from director, effective from January 31, 2024, onward. However, Mr. Somchai Siripanyanon still holding the position of a president of the company.
Major Estimate Revision • Nov 20Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ฿25.7b to ฿24.0b. EPS estimate also fell from ฿0.53 per share to ฿0.455 per share. Net income forecast to shrink 4.1% next year vs 9.8% growth forecast for Electronic industry in Thailand . Consensus price target down from ฿8.40 to ฿7.10. Share price was steady at ฿7.05 over the past week.
Price Target Changed • Nov 15Price target decreased by 11% to ฿7.83Down from ฿8.80, the current price target is an average from 4 analysts. New target price is 8.7% above last closing price of ฿7.20. Stock is down 27% over the past year. The company is forecast to post earnings per share of ฿0.45 for next year compared to ฿0.82 last year.
Reported Earnings • Nov 14Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: ฿0.13 (down from ฿0.28 in 3Q 2022). Revenue: ฿5.60b (down 20% from 3Q 2022). Net income: ฿275.0m (down 54% from 3Q 2022). Profit margin: 4.9% (down from 8.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 8.8%. Earnings per share (EPS) exceeded analyst estimates by 8.3%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
New Risk • Nov 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.9% Last year net profit margin: 7.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (55% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.9% net profit margin).
Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: ฿0.13 (vs ฿0.20 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.13 (down from ฿0.20 in 2Q 2022). Revenue: ฿5.72b (down 4.0% from 2Q 2022). Net income: ฿281.0m (down 33% from 2Q 2022). Profit margin: 4.9% (down from 7.1% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Aug 11Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ฿28.6b to ฿26.1b. EPS estimate also fell from ฿0.64 per share to ฿0.57 per share. Net income forecast to shrink 24% next year vs 10% growth forecast for Electronic industry in Thailand . Consensus price target down from ฿8.80 to ฿8.45. Share price fell 2.5% to ฿7.85 over the past week.
Reported Earnings • May 17First quarter 2023 earnings released: EPS: ฿0.07 (vs ฿0.12 in 1Q 2022)First quarter 2023 results: EPS: ฿0.07 (down from ฿0.12 in 1Q 2022). Revenue: ฿6.17b (up 7.9% from 1Q 2022). Net income: ฿147.2m (down 44% from 1Q 2022). Profit margin: 2.4% (down from 4.6% in 1Q 2022). 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 10% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ฿7.75, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Electronic industry in Thailand. Total returns to shareholders of 198% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿4.45 per share.
Major Estimate Revision • May 13Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ฿29.5b to ฿28.9b. EPS estimate also fell from ฿0.777 per share to ฿0.687 per share. Net income forecast to shrink 14% next year vs 11% growth forecast for Electronic industry in Thailand . Consensus price target down from ฿10.50 to ฿9.30. Share price fell 9.2% to ฿8.35 over the past week.
Upcoming Dividend • Apr 25Upcoming dividend of ฿0.26 per share at 2.7% yieldEligible shareholders must have bought the stock before 02 May 2023. Payment date: 16 May 2023. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 2.7%. Lower than top quartile of Thai dividend payers (6.0%). Higher than average of industry peers (0.9%).
공시 • Feb 17SVI Public Company Limited, Annual General Meeting, Apr 21, 2023SVI Public Company Limited, Annual General Meeting, Apr 21, 2023, at 02:30 Coordinated Universal Time. Agenda: To consider and approve the Company financial statements for the fiscal year ended December 31, 2022 audited by the auditors; to acknowledge the appointment of Director replacing a vacant Director position; to consider and approve the election of Directors in substitution of retiring Directors; to consider and approve the director remuneration for the year 2023; to consider and approve the appointment of Auditor for the fiscal year 2023 and fix their remuneration; to consider and approve the allocation of profit and payment of dividend for the operating result of the fiscal year 2022; and such other business issues.
Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿11.10, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 20x in the Electronic industry in Thailand. Total returns to shareholders of 250% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿8.52 per share.
Major Estimate Revision • Nov 16Consensus EPS estimates increase by 25%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ฿25.2b to ฿26.0b. EPS estimate increased from ฿0.56 to ฿0.71 per share. Net income forecast to shrink 11% next year vs 9.8% growth forecast for Electronic industry in Thailand . Consensus price target up from ฿8.05 to ฿9.90. Share price rose 3.7% to ฿9.80 over the past week.
Price Target Changed • Nov 10Price target increased to ฿9.43Up from ฿8.05, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of ฿9.45. Stock is up 30% over the past year. The company posted earnings per share of ฿0.65 last year.
Reported Earnings • Nov 08Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: ฿0.28 (up from ฿0.24 in 3Q 2021). Revenue: ฿7.04b (up 60% from 3Q 2021). Net income: ฿598.3m (up 15% from 3Q 2021). Profit margin: 8.5% (down from 12% in 3Q 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 65%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿8.90, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Electronic industry in Thailand. Total returns to shareholders of 212% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿7.03 per share.
Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: ฿0.20 (vs ฿0.077 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.20 (up from ฿0.077 in 2Q 2021). Revenue: ฿6.06b (up 58% from 2Q 2021). Net income: ฿421.6m (up 155% from 2Q 2021). Profit margin: 7.0% (up from 4.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 80% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Jul 26Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ฿23.8b to ฿24.9b. EPS estimate increased from ฿0.50 to ฿0.55 per share. Net income forecast to shrink 18% next year vs 21% growth forecast for Electronic industry in Thailand . Consensus price target down from ฿8.70 to ฿8.20. Share price rose 8.2% to ฿7.25 over the past week.
Price Target Changed • May 15Price target decreased to ฿8.70Down from ฿9.93, the current price target is an average from 4 analysts. New target price is 27% above last closing price of ฿6.85. Stock is up 45% over the past year. The company is forecast to post earnings per share of ฿0.50 for next year compared to ฿0.65 last year.
Reported Earnings • May 14First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: ฿0.12 (up from ฿0.069 in 1Q 2021). Revenue: ฿5.73b (up 66% from 1Q 2021). Net income: ฿262.0m (up 77% from 1Q 2021). Profit margin: 4.6% (up from 4.3% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Over the next year, revenue is forecast to grow 23%, compared to a 102% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Apr 28Upcoming dividend of ฿0.23 per shareEligible shareholders must have bought the stock before 05 May 2022. Payment date: 17 May 2022. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Thai dividend payers (5.1%). Higher than average of industry peers (1.4%).
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improved over the past weekAfter last week's 23% share price gain to ฿8.85, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Electronic industry in Thailand. Total returns to shareholders of 177% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿3.59 per share.
Price Target Changed • Feb 22Price target increased to ฿8.75Up from ฿7.98, the current price target is an average from 4 analysts. New target price is 5.9% below last closing price of ฿9.30. Stock is up 96% over the past year. The company is forecast to post earnings per share of ฿0.59 for next year compared to ฿0.65 last year.
Reported Earnings • Feb 18Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: ฿0.65 (up from ฿0.32 in FY 2020). Revenue: ฿17.5b (up 14% from FY 2020). Net income: ฿1.41b (up 105% from FY 2020). Profit margin: 8.1% (up from 4.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Over the next year, revenue is forecast to grow 8.5%, compared to a 85% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 64% share price gain to ฿9.20, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 23x in the Electronic industry in Thailand. Total returns to shareholders of 182% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿4.17 per share.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS ฿0.24 (vs ฿0.12 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿4.43b (up 5.6% from 3Q 2020). Net income: ฿520.5m (up 109% from 3Q 2020). Profit margin: 12% (up from 5.9% in 3Q 2020). 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 15% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Nov 12Price target increased to ฿6.54Up from ฿5.52, the current price target is an average from 4 analysts. New target price is 22% below last closing price of ฿8.35. Stock is up 78% over the past year. The company is forecast to post earnings per share of ฿0.44 for next year compared to ฿0.32 last year.
Price Target Changed • Nov 12Price target increased to ฿6.54Up from ฿5.52, the current price target is an average from 4 analysts. New target price is 22% below last closing price of ฿8.35. Stock is up 78% over the past year. The company is forecast to post earnings per share of ฿0.44 for next year compared to ฿0.32 last year.
Price Target Changed • Oct 15Price target increased to ฿5.84Up from ฿5.41, the current price target is an average from 4 analysts. New target price is 9.1% above last closing price of ฿5.35. Stock is up 17% over the past year.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.07 (vs ฿0.05 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ฿3.85b (down 7.8% from 2Q 2020). Net income: ฿165.4m (up 52% from 2Q 2020). Profit margin: 4.3% (up from 2.6% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year.
Reported Earnings • May 14First quarter 2021 earnings released: EPS ฿0.07 (vs ฿0.10 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: ฿3.48b (up 7.6% from 1Q 2020). Net income: ฿148.2m (down 35% from 1Q 2020). Profit margin: 4.3% (down from 7.0% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 4% per year.
Upcoming Dividend • Apr 29Upcoming dividend of ฿0.11 per shareEligible shareholders must have bought the stock before 06 May 2021. Payment date: 17 May 2021. Trailing yield: 2.2%. Lower than top quartile of Thai dividend payers (4.8%). Higher than average of industry peers (1.2%).
Major Estimate Revision • Mar 24Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from ฿0.30 to ฿0.27 per share. Revenue forecast steady at ฿17.6b. Net income forecast to shrink 15% next year vs 18% growth forecast for Electronic industry in Thailand . Consensus price target broadly unchanged at ฿5.09. Share price was steady at ฿4.86 over the past week.
Analyst Estimate Surprise Post Earnings • Feb 23Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 20%, compared to a 8.9% growth forecast for the Electronic industry in Thailand.
Reported Earnings • Feb 21Full year 2020 earnings released: EPS ฿0.32 (vs ฿0.17 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿15.4b (up 1.7% from FY 2019). Net income: ฿686.5m (up 85% from FY 2019). Profit margin: 4.5% (up from 2.5% in FY 2019). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 5% per year.
Executive Departure • Feb 04CEO, MD & Director Pongsak Lothongkam has left the companyOn the 4th of February, Pongsak Lothongkam's tenure as CEO, MD & Director of the company ended. We don't have any record of a personal shareholding under Pongsak's name. Pongsak is the only executive to leave the company over the last 12 months.
Is New 90 Day High Low • Jan 25New 90-day high: ฿5.85The company is up 9.0% from its price of ฿5.35 on 27 October 2020. The Thai market is up 24% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 121% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿1.65 per share.
Valuation Update With 7 Day Price Move • Jan 11Investor sentiment improved over the past weekAfter last week's 15% share price gain to ฿4.94, the stock is trading at a trailing P/E ratio of 17.3x, up from the previous P/E ratio of 15x. This compares to an average P/E of 22x in the Electronic industry in Thailand. Total returns to shareholders over the past three years are 77%.
Major Estimate Revision • Nov 18Analysts update estimatesThe 2020 consensus revenue estimate was lowered from ฿15.8b to ฿15.6b. Earnings per share (EPS) increased from ฿0.25 to ฿0.33 for the same period. Net income is expected to grow by 4.4% next year compared to 14% growth forecast for the Electronic industry in Thailand. The consensus price target increased from ฿4.38 to ฿4.80. Share price stayed mostly flat at ฿4.58 over the past week.
Price Target Changed • Nov 15Price target raised to ฿4.85Up from ฿4.38, the current price target is an average from 5 analysts. The new target price is close to the current share price of ฿4.70. As of last close, the stock is down 5.6% over the past year.
Analyst Estimate Surprise Post Earnings • Nov 12Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 4.7%. Earnings per share (EPS) exceeded analyst estimates by 100%. Over the next year, revenue is forecast to grow 9.0%, compared to a 11% growth forecast for the Electronic industry in Thailand.
Reported Earnings • Nov 12Third quarter 2020 earnings released: EPS ฿0.12The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿4.22b (up 9.8% from 3Q 2019). Net income: ฿249.4m (up 126% from 3Q 2019). Profit margin: 5.9% (up from 2.9% in 3Q 2019). 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 and the company’s share price has also increased by 1% per year.
Price Target Changed • Oct 28Price target raised to ฿4.38Up from ฿3.49, the current price target is an average from 4 analysts. The new target price is 17% below the current share price of ฿5.30. As of last close, the stock is up 17% over the past year.
Valuation Update With 7 Day Price Move • Oct 23Market bids up stock over the past weekAfter last week's 20% share price gain to ฿5.45, the stock is trading at a trailing P/E ratio of 24.8x, up from the previous P/E ratio of 20.8x. This compares to an average P/E of 23x in the Electronic industry in Thailand. Total returns to shareholders over the past three years are 67%.
Is New 90 Day High Low • Oct 22New 90-day high: ฿5.45The company is up 66% from its price of ฿3.28 on 24 July 2020. The Thai market is down 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 69% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿1.45 per share.
Is New 90 Day High Low • Oct 05New 90-day high: ฿4.20The company is up 49% from its price of ฿2.82 on 07 July 2020. The Thai market is down 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 98% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿1.40 per share.
Price Target Changed • Sep 22Price target raised to ฿3.49Up from ฿3.23, the current price target is an average from 5 analysts. The new target price is 10% below the current share price of ฿3.90. As of last close, the stock is down 16% over the past year.