View ValuationSynnex (Thailand) 향후 성장Future 기준 점검 1/6Synnex (Thailand) (는) 각각 연간 4.3% 및 6.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 4.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 15% 로 예상됩니다.핵심 정보4.3%이익 성장률4.18%EPS 성장률Electronic 이익 성장25.2%매출 성장률6.7%향후 자기자본이익률15.00%애널리스트 커버리지Low마지막 업데이트27 Apr 2026최근 향후 성장 업데이트Price Target Changed • Apr 27Price target decreased by 8.2% to ฿11.73Down from ฿12.78, the current price target is an average from 4 analysts. New target price is 23% above last closing price of ฿9.55. Stock is down 23% over the past year. The company is forecast to post earnings per share of ฿0.88 for next year compared to ฿0.91 last year.Price Target Changed • Feb 27Price target decreased by 7.9% to ฿12.78Down from ฿13.88, the current price target is an average from 4 analysts. New target price is 26% above last closing price of ฿10.10. Stock is down 7.3% over the past year. The company is forecast to post earnings per share of ฿0.88 for next year compared to ฿0.91 last year.Price Target Changed • Mar 11Price target decreased by 8.2% to ฿15.63Down from ฿17.03, the current price target is an average from 4 analysts. New target price is 32% above last closing price of ฿11.80. Stock is up 19% over the past year. The company is forecast to post earnings per share of ฿0.81 for next year compared to ฿0.74 last year.Price Target Changed • Jul 15Price target increased by 9.1% to ฿14.40Up from ฿13.20, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ฿13.90. Stock is up 13% over the past year. The company is forecast to post earnings per share of ฿0.77 for next year compared to ฿0.61 last year.Price Target Changed • Mar 15Price target increased by 12% to ฿12.40Up from ฿11.07, the current price target is an average from 3 analysts. New target price is 13% above last closing price of ฿11.00. Stock is down 27% over the past year. The company is forecast to post earnings per share of ฿0.75 for next year compared to ฿0.61 last year.Price Target Changed • Nov 15Price target decreased by 16% to ฿11.07Down from ฿13.20, the current price target is an average from 3 analysts. New target price is 15% above last closing price of ฿9.60. Stock is down 45% over the past year. The company is forecast to post earnings per share of ฿0.60 for next year compared to ฿0.96 last year.모든 업데이트 보기Recent updatesPrice Target Changed • Apr 27Price target decreased by 8.2% to ฿11.73Down from ฿12.78, the current price target is an average from 4 analysts. New target price is 23% above last closing price of ฿9.55. Stock is down 23% over the past year. The company is forecast to post earnings per share of ฿0.88 for next year compared to ฿0.91 last year.Upcoming Dividend • Apr 23Upcoming dividend of ฿0.38 per shareEligible shareholders must have bought the stock before 30 April 2026. Payment date: 12 May 2026. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 5.2%. Lower than top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (0.4%).Price Target Changed • Feb 27Price target decreased by 7.9% to ฿12.78Down from ฿13.88, the current price target is an average from 4 analysts. New target price is 26% above last closing price of ฿10.10. Stock is down 7.3% over the past year. The company is forecast to post earnings per share of ฿0.88 for next year compared to ฿0.91 last year.공지 • Feb 27Synnex (Thailand) Public Company Limited Proposes Dividend Six Months Ended 31 December 2025, Payable on 12-May-2026Synnex (Thailand) Public Company Limited at its AGM to be held on 23-Apr-2026 proposed annual dividend payment for the year ended 31 December 2025 at a rate of THB 0.48 per share, totaling THB 406.73 million for the operating period from 01 July 2025 to 31 December 2025. Record date for the right to receive dividends 05 May 2026; Ex-dividend date: 30 April 2026; Payment date 12 May 2026.Reported Earnings • Feb 26Full year 2025 earnings released: EPS: ฿0.91 (vs ฿0.74 in FY 2024)Full year 2025 results: EPS: ฿0.91 (up from ฿0.74 in FY 2024). Revenue: ฿47.4b (up 13% from FY 2024). Net income: ฿769.8m (up 23% from FY 2024). Profit margin: 1.6% (up from 1.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 17% 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 fallen by 14% per year, which means it is significantly lagging earnings.공지 • Feb 25Synnex (Thailand) Public Company Limited, Annual General Meeting, Apr 23, 2026Synnex (Thailand) Public Company Limited, Annual General Meeting, Apr 23, 2026, at 10:00 SE Asia Standard Time. Location: synnex (thailand) pcl.`s head office. 433, sukhonthasawat road, lat phrao, bangkok 10230, bangkok ThailandReported Earnings • Nov 15Third quarter 2025 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2025 results: EPS: ฿0.23 (up from ฿0.20 in 3Q 2024). Revenue: ฿12.1b (up 13% from 3Q 2024). Net income: ฿198.1m (up 17% from 3Q 2024). Profit margin: 1.6% (in line with 3Q 2024). Revenue is forecast to grow 6.3% 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 6% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.Reported Earnings • Aug 14Second quarter 2025 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2025 results: EPS: ฿0.22 (up from ฿0.19 in 2Q 2024). Revenue: ฿11.7b (up 17% from 2Q 2024). Net income: ฿190.2m (up 19% from 2Q 2024). Profit margin: 1.6% (in line with 2Q 2024). Revenue is forecast to grow 7.1% 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 11% per year whereas the company’s share price has fallen by 15% per year.Reported Earnings • May 15First quarter 2025 earnings: EPS exceeds analyst expectationsFirst quarter 2025 results: EPS: ฿0.22 (up from ฿0.18 in 1Q 2024). Revenue: ฿11.2b (up 16% from 1Q 2024). Net income: ฿188.2m (up 24% from 1Q 2024). Profit margin: 1.7% (up from 1.6% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 20% per year.공지 • Apr 23Synnex (Thailand) Public Company Limited Approves Interim Dividend for the year 2024, Payable on May 14, 2025Synnex (Thailand) Public Company Limited announced that at the AGM held on April 23, 2025, the Board of Directors has agreed to propose to the Annual General Meeting of Shareholders to consider and approve the annual dividend payment for the year 2024 at a rate of THB 0.44 per share, totaling THB 372.84 million. The Company has already paid an interim dividend for the first six months of 2024 at a rate of THB 0.10 per share on September 10, 2024. The remaining dividend for 2024 will be paid at a rate of THB 0.34 per share This dividend payment is in accordance with the Company's dividend payment policy. In this regard, the Board of Directors has resolved to set the record date to determine shareholders entitled to attend the Annual General Meeting of Shareholders on March 17, 2025, and to set the Record date to determine shareholders entitled to receive the dividend payment on May 2, 2025. The dividend payment will be made to shareholders by May 14, 2025.Upcoming Dividend • Apr 23Upcoming dividend of ฿0.34 per shareEligible shareholders must have bought the stock before 30 April 2025. Payment date: 14 May 2025. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of Thai dividend payers (8.1%). Higher than average of industry peers (1.3%).Price Target Changed • Mar 11Price target decreased by 8.2% to ฿15.63Down from ฿17.03, the current price target is an average from 4 analysts. New target price is 32% above last closing price of ฿11.80. Stock is up 19% over the past year. The company is forecast to post earnings per share of ฿0.81 for next year compared to ฿0.74 last year.Valuation Update With 7 Day Price Move • Mar 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿11.90, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Electronic industry in Thailand. Total loss to shareholders of 48% over the past three years.공지 • Feb 27Synnex (Thailand) Public Company Limited Proposes Cash Dividend for the Operating Period from July 01, 2024 to December 31, 2024, Payable on May 14, 2025Synnex (Thailand) Public Company Limited at the AGM to be held on April 23, 2025 proposed the cash dividend payment of THB 0.34 per share for the operating period from July 01, 2024 to December 31, 2024. Record date for the right to receive dividends May 02, 2025. Ex-dividend date is on April 30, 2025. Payment date is on May 14, 2025.Reported Earnings • Feb 27Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ฿0.74 (up from ฿0.61 in FY 2023). Revenue: ฿41.9b (up 15% from FY 2023). Net income: ฿627.7m (up 22% from FY 2023). Profit margin: 1.5% (up from 1.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 2.3%. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.공지 • Feb 27Synnex (Thailand) Public Company Limited, Annual General Meeting, Apr 23, 2025Synnex (Thailand) Public Company Limited, Annual General Meeting, Apr 23, 2025, at 10:00 SE Asia Standard Time. Location: synnex (thailand) pcl.`s head office., 433 sukhonthasawat road, lat phrao, bangkok 10230, ThailandNew Risk • Feb 17New 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 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change).Valuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ฿11.20, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Electronic industry in Thailand. Total loss to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿9.00 per share.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: ฿0.20 (vs ฿0.17 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.20 (up from ฿0.17 in 3Q 2023). Revenue: ฿10.8b (up 15% from 3Q 2023). Net income: ฿168.7m (up 18% from 3Q 2023). Profit margin: 1.6% (up from 1.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% 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 17% per year and the company’s share price has also fallen by 17% per year.공지 • Oct 09Synnex (Thailand) Public Company Limited Announces Changing of Chief AccountantSynnex (Thailand) Public Company Limited announced changing of Chief Accountant. Miss Nitkhanung Onnum; Position of Chief Accountant: Accounting Manager; Effective Date of Termination 08 October, 2024. Miss Sutanya Watnakhonbancha, Position of Chief Accountant: Accounting Manager; Effective Date of Appointment: 09 October, 2024.공지 • Aug 16Synnex (Thailand) Public Company Limited Declares Interim Dividend for the Period from January 1, 2024 to June 30, 2024, Payable on 10 September 2024Synnex (Thailand) Public Company Limited declared interim dividend of THB 0.10 per share for the period from January 1, 2024 to June 30, 2024. Record date for the right to receive dividends is 28 August 2024, Ex-dividend date is 27 August 2024, Payment date is 10 September 2024.Reported Earnings • Aug 16Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: ฿0.19 (up from ฿0.10 in 2Q 2023). Revenue: ฿9.97b (up 17% from 2Q 2023). Net income: ฿159.9m (up 83% from 2Q 2023). Profit margin: 1.6% (up from 1.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.9%. Earnings per share (EPS) also surpassed analyst estimates by 27%. Revenue is forecast to grow 4.4% 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 fallen by 15% per year whereas the company’s share price has fallen by 18% per year.Price Target Changed • Jul 15Price target increased by 9.1% to ฿14.40Up from ฿13.20, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ฿13.90. Stock is up 13% over the past year. The company is forecast to post earnings per share of ฿0.77 for next year compared to ฿0.61 last year.Valuation Update With 7 Day Price Move • Jun 25Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿12.90, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Electronic industry in Thailand. Total loss to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿6.24 per share.공지 • Jun 01Synnex (Thailand) Public Company Limited Announces Chief Financial Officer ChangesSynnex (Thailand) Public Company Limited announced termination of Mr. Naran Poomsiri as Acting of Chief Financial Officer, Effective May 31, 2024. Company also announced appointment of Mr. Narong Luangputtikulchai as Acting of Chief Financial Officer. Effective date of appointment if June 1, 2024.New Risk • May 21New 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 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change).Reported Earnings • May 15First quarter 2024 earnings released: EPS: ฿0.18 (vs ฿0.16 in 1Q 2023)First quarter 2024 results: EPS: ฿0.18 (up from ฿0.16 in 1Q 2023). Revenue: ฿9.61b (up 5.0% from 1Q 2023). Net income: ฿152.0m (up 12% from 1Q 2023). Profit margin: 1.6% (up from 1.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% 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 fallen by 12% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.Price Target Changed • Mar 15Price target increased by 12% to ฿12.40Up from ฿11.07, the current price target is an average from 3 analysts. New target price is 13% above last closing price of ฿11.00. Stock is down 27% over the past year. The company is forecast to post earnings per share of ฿0.75 for next year compared to ฿0.61 last year.Upcoming Dividend • Mar 12Upcoming dividend of ฿0.26 per shareEligible shareholders must have bought the stock before 19 March 2024. Payment date: 08 May 2024. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of Thai dividend payers (5.9%). Higher than average of industry peers (1.2%).Declared Dividend • Feb 25Final dividend reduced to ฿0.26Dividend of ฿0.26 is 50% lower than last year. Ex-date: 19th March 2024 Payment date: 8th May 2024 Dividend yield will be 3.4%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 5.5% to bring the payout ratio under control. EPS is expected to grow by 45% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Feb 24Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: ฿0.61 (down from ฿0.96 in FY 2022). Revenue: ฿36.5b (down 6.5% from FY 2022). Net income: ฿513.3m (down 37% from FY 2022). Profit margin: 1.4% (down from 2.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.공지 • Feb 23+ 1 more updateSynnex (Thailand) Public Company Limited, Annual General Meeting, Apr 23, 2024Synnex (Thailand) Public Company Limited, Annual General Meeting, Apr 23, 2024, at 10:00 SE Asia Standard Time. Location: Synnex (Thailand) PCL.'s Head Office Lat Phrao Thailand Agenda: To consider acknowledging the Company's operating results for the year ended 2023; to consider approving the audited Financial Statements for the year ended 31 December 2023; to Consider approving the dividend payment and the appropriated of the net profit for the year 2023; and to transact such other business matters.Price Target Changed • Nov 15Price target decreased by 16% to ฿11.07Down from ฿13.20, the current price target is an average from 3 analysts. New target price is 15% above last closing price of ฿9.60. Stock is down 45% over the past year. The company is forecast to post earnings per share of ฿0.60 for next year compared to ฿0.96 last year.Reported Earnings • Nov 14Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: ฿0.17 (down from ฿0.25 in 3Q 2022). Revenue: ฿9.37b (down 7.2% from 3Q 2022). Net income: ฿142.5m (down 34% from 3Q 2022). Profit margin: 1.5% (down from 2.1% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 5.8% 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 1% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.New Risk • Oct 20New 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.0% average weekly change).Price Target Changed • Sep 21Price target increased by 13% to ฿14.60Up from ฿12.97, the current price target is an average from 3 analysts. New target price is 13% above last closing price of ฿12.90. Stock is down 35% over the past year. The company is forecast to post earnings per share of ฿0.73 for next year compared to ฿0.96 last year.Upcoming Dividend • Aug 17Upcoming dividend of ฿0.10 per share at 6.1% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 06 September 2023. Payout ratio is on the higher end at 84% but the company is not cash flow positive. Trailing yield: 6.1%. Lower than top quartile of Thai dividend payers (6.4%). Higher than average of industry peers (0.8%).Price Target Changed • Aug 16Price target decreased by 7.2% to ฿12.97Down from ฿13.97, the current price target is an average from 3 analysts. New target price is 13% above last closing price of ฿11.50. Stock is down 41% over the past year. The company is forecast to post earnings per share of ฿0.79 for next year compared to ฿0.96 last year.New Risk • Aug 13New major risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 6.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Aug 12Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: ฿0.10 (down from ฿0.22 in 2Q 2022). Revenue: ฿8.49b (down 11% from 2Q 2022). Net income: ฿87.3m (down 55% from 2Q 2022). Profit margin: 1.0% (down from 2.0% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is forecast to grow 7.0% 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 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공지 • Aug 12Synnex (Thailand) Public Company Limited Declares Interim Dividend for the Period from January 1, 2023 to June 30, 2023, Payable on 06 September 2023Synnex (Thailand) Public Company Limited declared interim dividend of THB 0.10 per share for the period from January 1, 2023 to June 30, 2023.Record date for the right to receive dividends is 25 August 2023, Ex-dividend date is 24 August 2023, Payment date is 06 September 2023.Price Target Changed • Jun 09Price target decreased by 14% to ฿14.60Down from ฿17.03, the current price target is an average from 3 analysts. New target price is 9.8% above last closing price of ฿13.30. Stock is down 34% over the past year. The company is forecast to post earnings per share of ฿0.88 for next year compared to ฿0.96 last year.Upcoming Dividend • Mar 02Upcoming dividend of ฿0.52 per share at 4.4% yieldEligible shareholders must have bought the stock before 09 March 2023. Payment date: 02 May 2023. Payout ratio is a comfortable 66% but the company is not cash flow positive. Trailing yield: 4.4%. Lower than top quartile of Thai dividend payers (5.7%). Higher than average of industry peers (0.9%).Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Somchai Hanhiran was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Sep 26Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.2%. The fair value is estimated to be ฿23.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 17% in the next 2 years.Upcoming Dividend • Aug 15Upcoming dividend of ฿0.18 per shareEligible shareholders must have bought the stock before 22 August 2022. Payment date: 05 September 2022. Payout ratio is a comfortable 68% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of Thai dividend payers (5.5%). Higher than average of industry peers (1.1%).Reported Earnings • Aug 11Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatSecond quarter 2022 results: EPS: ฿0.22 (down from ฿0.25 in 2Q 2021). Revenue: ฿9.59b (up 14% from 2Q 2021). Net income: ฿192.2m (down 8.9% from 2Q 2021). Profit margin: 2.0% (down from 2.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 6.7%, compared to a 81% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Aug 09Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be ฿24.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 17% in 2 years. Earnings is forecast to grow by 17% in the next 2 years.Buying Opportunity • Jun 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be ฿23.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 25% in the next 2 years.Buying Opportunity • Jun 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be ฿23.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 25% in the next 2 years.Price Target Changed • May 28Price target decreased to ฿28.08Down from ฿31.57, the current price target is an average from 3 analysts. New target price is 32% above last closing price of ฿21.30. Stock is down 22% over the past year. The company is forecast to post earnings per share of ฿1.08 for next year compared to ฿1.02 last year.Reported Earnings • May 09First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: ฿0.26 (up from ฿0.22 in 1Q 2021). Revenue: ฿9.96b (up 15% from 1Q 2021). Net income: ฿222.3m (up 20% from 1Q 2021). Profit margin: 2.2% (in line with 1Q 2021). Revenue exceeded analyst estimates by 8.7%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Over the next year, revenue is forecast to grow 9.8%, compared to a 107% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Apr 27Price target increased to ฿31.57Up from ฿28.60, the current price target is an average from 3 analysts. New target price is 29% above last closing price of ฿24.40. Stock is down 16% over the past year. The company is forecast to post earnings per share of ฿1.13 for next year compared to ฿1.02 last year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Chananyarak Phetcharat was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Mar 03Upcoming dividend of ฿0.52 per shareEligible shareholders must have bought the stock before 10 March 2022. Payment date: 05 May 2022. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (1.4%).Price Target Changed • Feb 28Price target increased to ฿30.85Up from ฿28.60, the current price target is an average from 3 analysts. New target price is 16% above last closing price of ฿26.50. Stock is up 55% over the past year. The company is forecast to post earnings per share of ฿1.13 for next year compared to ฿1.02 last year.Reported Earnings • Feb 27Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: ฿1.02 (up from ฿0.76 in FY 2020). Revenue: ฿37.1b (up 15% from FY 2020). Net income: ฿860.2m (up 34% from FY 2020). Profit margin: 2.3% (up from 2.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 9.1%. Over the next year, revenue is forecast to grow 10%, compared to a 81% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS ฿0.23 (vs ฿0.20 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: ฿8.90b (up 20% from 3Q 2020). Net income: ฿194.5m (up 14% from 3Q 2020). Profit margin: 2.2% (down from 2.3% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 17Upcoming dividend of ฿0.18 per shareEligible shareholders must have bought the stock before 24 August 2021. Payment date: 03 September 2021. Trailing yield: 2.4%. Lower than top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (1.1%).Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.25 (vs ฿0.20 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: ฿8.38b (down 3.6% from 2Q 2020). Net income: ฿211.1m (up 27% from 2Q 2020). Profit margin: 2.5% (up from 1.9% 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 3% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.Reported Earnings • May 14First quarter 2021 earnings released: EPS ฿0.22 (vs ฿0.15 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿8.64b (up 18% from 1Q 2020). Net income: ฿185.1m (up 41% from 1Q 2020). Profit margin: 2.1% (up from 1.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.Executive Departure • Apr 02Independent Director has left the companyOn the 30th of March, Chakkrit Parapuntakul's tenure as Independent Director ended after 1.9 years in the role. We don't have any record of a personal shareholding under Chakkrit's name. A total of 3 executives have left over the last 12 months.Is New 90 Day High Low • Mar 09New 90-day high: ฿25.75The company is up 75% from its price of ฿14.70 on 09 December 2020. The Thai market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿4.81 per share.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improved over the past weekAfter last week's 30% share price gain to ฿22.20, the stock is trading at a trailing P/E ratio of 29.3x, up from the previous P/E ratio of 22.6x. This compares to an average P/E of 24x in the Electronic industry in Thailand. Total returns to shareholders over the past three years are 98%.Price Target Changed • Mar 03Price target raised to ฿20.00Up from ฿18.28, the current price target is an average from 3 analysts. The new target price is 9.3% above the current share price of ฿18.30. As of last close, the stock is up 213% over the past year.Reported Earnings • Feb 23Full year 2020 earnings released: EPS ฿0.76 (vs ฿0.64 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ฿32.1b (down 7.6% from FY 2019). Net income: ฿642.0m (up 23% from FY 2019). Profit margin: 2.0% (up from 1.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Price Target Changed • Feb 23Price target raised to ฿19.28Up from ฿17.35, the current price target is an average from 3 analysts. The new target price is 13% above the current share price of ฿17.10. As of last close, the stock is up 174% over the past year.Analyst Estimate Surprise Post Earnings • Feb 23Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates by 9.1%. Over the next year, revenue is forecast to grow 9.1%, compared to a 8.9% growth forecast for the Electronic industry in Thailand.Is New 90 Day High Low • Jan 29New 90-day high: ฿17.80The company is up 20% from its price of ฿14.80 on 30 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 108% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿4.66 per share.Is New 90 Day High Low • Jan 13New 90-day high: ฿16.30The company is up 8.0% from its price of ฿15.10 on 15 October 2020. The Thai market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 160% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿3.45 per share.Valuation Update With 7 Day Price Move • Nov 30Market bids up stock over the past weekAfter last week's 16% share price gain to ฿14.90, the stock is trading at a trailing P/E ratio of 21.2x, up from the previous P/E ratio of 18.3x. This compares to an average P/E of 20x in the Electronic industry in Thailand. Total returns to shareholders over the past three years are 35%.Analyst Estimate Surprise Post Earnings • Nov 14Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 8.6%. Earnings per share (EPS) exceeded analyst estimates by 25%. Over the next year, revenue is forecast to grow 12%, compared to a 11% growth forecast for the Electronic industry in Thailand.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS ฿0.20The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ฿7.44b (down 6.1% from 3Q 2019). Net income: ฿170.8m (up 82% from 3Q 2019). Profit margin: 2.3% (up from 1.2% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 4% per year.Valuation Update With 7 Day Price Move • Nov 10Market pulls back on stock over the past weekAfter last week's 19% share price decline to ฿12.30, the stock is trading at a trailing P/E ratio of 20.1x, down from the previous P/E ratio of 24.8x. This compares to an average P/E of 23x in the Electronic industry in Thailand. Total return to shareholders over the past three years is a loss of 2.2%.Is New 90 Day High Low • Sep 24New 90-day high: ฿13.90The company is up 84% from its price of ฿7.55 on 25 June 2020. The Thai market is down 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 92% over the same period.이익 및 매출 성장 예측SET:SYNEX - 애널리스트 향후 추정치 및 과거 재무 데이터 (THB Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202858,156863130190312/31/202754,066821156486412/31/202650,90275042338412/31/202547,393770353424N/A9/30/202546,498723-229-188N/A6/30/202545,144694-114-91N/A3/31/202543,458664-347-333N/A12/31/202441,904628-604-590N/A9/30/202439,854629-584-565N/A6/30/202438,462602-544-526N/A3/31/202436,988530612630N/A12/31/202336,534513-76-46N/A9/30/202336,426551286374N/A6/30/202337,156624-424-332N/A3/31/202338,253729-701-593N/A12/31/202239,061816-1,249-1,149N/A9/30/202240,821899-1,324-1,267N/A6/30/202239,617878-1,030-978N/A3/31/202238,408897-1,507-1,472N/A12/31/202137,085860-474-443N/A9/30/202134,6037641,0041,021N/A6/30/202133,143740337359N/A3/31/202133,4556952,2842,305N/A12/31/202032,1496423,4843,505N/A9/30/202032,9135961,7011,716N/A6/30/202033,3935192,8692,884N/A3/31/202032,5814712,0892,116N/A12/31/201934,80452475101N/A9/30/201935,732586N/A1,140N/A6/30/201937,147653N/A-56N/A3/31/201938,839696N/A-668N/A12/31/201838,196721N/A-71N/A9/30/201835,753696N/A-630N/A6/30/201834,488695N/A47N/A3/31/201833,165685N/A546N/A12/31/201732,426624N/A-636N/A9/30/201731,667578N/A-892N/A6/30/201729,752526N/A-1,259N/A3/31/201726,733457N/A-1,967N/A12/31/201623,823407N/A-600N/A9/30/201622,068388N/A164N/A6/30/201621,809373N/A457N/A3/31/201621,688378N/A745N/A12/31/201521,514359N/A615N/A9/30/201521,049320N/A314N/A6/30/201520,237288N/A-389N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: SYNEX 의 연간 예상 수익 증가율(4.3%)이 saving rate(2.2%)보다 높습니다.수익 vs 시장: SYNEX 의 연간 수익(4.3%)이 TH 시장(10.9%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: SYNEX 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: SYNEX 의 수익(연간 6.7%)이 TH 시장(연간 9.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: SYNEX 의 수익(연간 6.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: SYNEX의 자본 수익률은 3년 후 15%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YTech 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/09 03:38종가2026/05/08 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Synnex (Thailand) Public Company Limited는 7명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Piriyapon KongvanichBualuang Securities PCLWikij TirawannaratBualuang Securities PCLPhoowadol PhoosodngernBualuang Securities PCL4명의 분석가 더 보기
Price Target Changed • Apr 27Price target decreased by 8.2% to ฿11.73Down from ฿12.78, the current price target is an average from 4 analysts. New target price is 23% above last closing price of ฿9.55. Stock is down 23% over the past year. The company is forecast to post earnings per share of ฿0.88 for next year compared to ฿0.91 last year.
Price Target Changed • Feb 27Price target decreased by 7.9% to ฿12.78Down from ฿13.88, the current price target is an average from 4 analysts. New target price is 26% above last closing price of ฿10.10. Stock is down 7.3% over the past year. The company is forecast to post earnings per share of ฿0.88 for next year compared to ฿0.91 last year.
Price Target Changed • Mar 11Price target decreased by 8.2% to ฿15.63Down from ฿17.03, the current price target is an average from 4 analysts. New target price is 32% above last closing price of ฿11.80. Stock is up 19% over the past year. The company is forecast to post earnings per share of ฿0.81 for next year compared to ฿0.74 last year.
Price Target Changed • Jul 15Price target increased by 9.1% to ฿14.40Up from ฿13.20, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ฿13.90. Stock is up 13% over the past year. The company is forecast to post earnings per share of ฿0.77 for next year compared to ฿0.61 last year.
Price Target Changed • Mar 15Price target increased by 12% to ฿12.40Up from ฿11.07, the current price target is an average from 3 analysts. New target price is 13% above last closing price of ฿11.00. Stock is down 27% over the past year. The company is forecast to post earnings per share of ฿0.75 for next year compared to ฿0.61 last year.
Price Target Changed • Nov 15Price target decreased by 16% to ฿11.07Down from ฿13.20, the current price target is an average from 3 analysts. New target price is 15% above last closing price of ฿9.60. Stock is down 45% over the past year. The company is forecast to post earnings per share of ฿0.60 for next year compared to ฿0.96 last year.
Price Target Changed • Apr 27Price target decreased by 8.2% to ฿11.73Down from ฿12.78, the current price target is an average from 4 analysts. New target price is 23% above last closing price of ฿9.55. Stock is down 23% over the past year. The company is forecast to post earnings per share of ฿0.88 for next year compared to ฿0.91 last year.
Upcoming Dividend • Apr 23Upcoming dividend of ฿0.38 per shareEligible shareholders must have bought the stock before 30 April 2026. Payment date: 12 May 2026. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 5.2%. Lower than top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (0.4%).
Price Target Changed • Feb 27Price target decreased by 7.9% to ฿12.78Down from ฿13.88, the current price target is an average from 4 analysts. New target price is 26% above last closing price of ฿10.10. Stock is down 7.3% over the past year. The company is forecast to post earnings per share of ฿0.88 for next year compared to ฿0.91 last year.
공지 • Feb 27Synnex (Thailand) Public Company Limited Proposes Dividend Six Months Ended 31 December 2025, Payable on 12-May-2026Synnex (Thailand) Public Company Limited at its AGM to be held on 23-Apr-2026 proposed annual dividend payment for the year ended 31 December 2025 at a rate of THB 0.48 per share, totaling THB 406.73 million for the operating period from 01 July 2025 to 31 December 2025. Record date for the right to receive dividends 05 May 2026; Ex-dividend date: 30 April 2026; Payment date 12 May 2026.
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: ฿0.91 (vs ฿0.74 in FY 2024)Full year 2025 results: EPS: ฿0.91 (up from ฿0.74 in FY 2024). Revenue: ฿47.4b (up 13% from FY 2024). Net income: ฿769.8m (up 23% from FY 2024). Profit margin: 1.6% (up from 1.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 17% 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 fallen by 14% per year, which means it is significantly lagging earnings.
공지 • Feb 25Synnex (Thailand) Public Company Limited, Annual General Meeting, Apr 23, 2026Synnex (Thailand) Public Company Limited, Annual General Meeting, Apr 23, 2026, at 10:00 SE Asia Standard Time. Location: synnex (thailand) pcl.`s head office. 433, sukhonthasawat road, lat phrao, bangkok 10230, bangkok Thailand
Reported Earnings • Nov 15Third quarter 2025 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2025 results: EPS: ฿0.23 (up from ฿0.20 in 3Q 2024). Revenue: ฿12.1b (up 13% from 3Q 2024). Net income: ฿198.1m (up 17% from 3Q 2024). Profit margin: 1.6% (in line with 3Q 2024). Revenue is forecast to grow 6.3% 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 6% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Aug 14Second quarter 2025 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2025 results: EPS: ฿0.22 (up from ฿0.19 in 2Q 2024). Revenue: ฿11.7b (up 17% from 2Q 2024). Net income: ฿190.2m (up 19% from 2Q 2024). Profit margin: 1.6% (in line with 2Q 2024). Revenue is forecast to grow 7.1% 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 11% per year whereas the company’s share price has fallen by 15% per year.
Reported Earnings • May 15First quarter 2025 earnings: EPS exceeds analyst expectationsFirst quarter 2025 results: EPS: ฿0.22 (up from ฿0.18 in 1Q 2024). Revenue: ฿11.2b (up 16% from 1Q 2024). Net income: ฿188.2m (up 24% from 1Q 2024). Profit margin: 1.7% (up from 1.6% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 20% per year.
공지 • Apr 23Synnex (Thailand) Public Company Limited Approves Interim Dividend for the year 2024, Payable on May 14, 2025Synnex (Thailand) Public Company Limited announced that at the AGM held on April 23, 2025, the Board of Directors has agreed to propose to the Annual General Meeting of Shareholders to consider and approve the annual dividend payment for the year 2024 at a rate of THB 0.44 per share, totaling THB 372.84 million. The Company has already paid an interim dividend for the first six months of 2024 at a rate of THB 0.10 per share on September 10, 2024. The remaining dividend for 2024 will be paid at a rate of THB 0.34 per share This dividend payment is in accordance with the Company's dividend payment policy. In this regard, the Board of Directors has resolved to set the record date to determine shareholders entitled to attend the Annual General Meeting of Shareholders on March 17, 2025, and to set the Record date to determine shareholders entitled to receive the dividend payment on May 2, 2025. The dividend payment will be made to shareholders by May 14, 2025.
Upcoming Dividend • Apr 23Upcoming dividend of ฿0.34 per shareEligible shareholders must have bought the stock before 30 April 2025. Payment date: 14 May 2025. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of Thai dividend payers (8.1%). Higher than average of industry peers (1.3%).
Price Target Changed • Mar 11Price target decreased by 8.2% to ฿15.63Down from ฿17.03, the current price target is an average from 4 analysts. New target price is 32% above last closing price of ฿11.80. Stock is up 19% over the past year. The company is forecast to post earnings per share of ฿0.81 for next year compared to ฿0.74 last year.
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿11.90, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Electronic industry in Thailand. Total loss to shareholders of 48% over the past three years.
공지 • Feb 27Synnex (Thailand) Public Company Limited Proposes Cash Dividend for the Operating Period from July 01, 2024 to December 31, 2024, Payable on May 14, 2025Synnex (Thailand) Public Company Limited at the AGM to be held on April 23, 2025 proposed the cash dividend payment of THB 0.34 per share for the operating period from July 01, 2024 to December 31, 2024. Record date for the right to receive dividends May 02, 2025. Ex-dividend date is on April 30, 2025. Payment date is on May 14, 2025.
Reported Earnings • Feb 27Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ฿0.74 (up from ฿0.61 in FY 2023). Revenue: ฿41.9b (up 15% from FY 2023). Net income: ฿627.7m (up 22% from FY 2023). Profit margin: 1.5% (up from 1.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 2.3%. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.
공지 • Feb 27Synnex (Thailand) Public Company Limited, Annual General Meeting, Apr 23, 2025Synnex (Thailand) Public Company Limited, Annual General Meeting, Apr 23, 2025, at 10:00 SE Asia Standard Time. Location: synnex (thailand) pcl.`s head office., 433 sukhonthasawat road, lat phrao, bangkok 10230, Thailand
New Risk • Feb 17New 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 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change).
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ฿11.20, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Electronic industry in Thailand. Total loss to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿9.00 per share.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: ฿0.20 (vs ฿0.17 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.20 (up from ฿0.17 in 3Q 2023). Revenue: ฿10.8b (up 15% from 3Q 2023). Net income: ฿168.7m (up 18% from 3Q 2023). Profit margin: 1.6% (up from 1.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% 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 17% per year and the company’s share price has also fallen by 17% per year.
공지 • Oct 09Synnex (Thailand) Public Company Limited Announces Changing of Chief AccountantSynnex (Thailand) Public Company Limited announced changing of Chief Accountant. Miss Nitkhanung Onnum; Position of Chief Accountant: Accounting Manager; Effective Date of Termination 08 October, 2024. Miss Sutanya Watnakhonbancha, Position of Chief Accountant: Accounting Manager; Effective Date of Appointment: 09 October, 2024.
공지 • Aug 16Synnex (Thailand) Public Company Limited Declares Interim Dividend for the Period from January 1, 2024 to June 30, 2024, Payable on 10 September 2024Synnex (Thailand) Public Company Limited declared interim dividend of THB 0.10 per share for the period from January 1, 2024 to June 30, 2024. Record date for the right to receive dividends is 28 August 2024, Ex-dividend date is 27 August 2024, Payment date is 10 September 2024.
Reported Earnings • Aug 16Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: ฿0.19 (up from ฿0.10 in 2Q 2023). Revenue: ฿9.97b (up 17% from 2Q 2023). Net income: ฿159.9m (up 83% from 2Q 2023). Profit margin: 1.6% (up from 1.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.9%. Earnings per share (EPS) also surpassed analyst estimates by 27%. Revenue is forecast to grow 4.4% 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 fallen by 15% per year whereas the company’s share price has fallen by 18% per year.
Price Target Changed • Jul 15Price target increased by 9.1% to ฿14.40Up from ฿13.20, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ฿13.90. Stock is up 13% over the past year. The company is forecast to post earnings per share of ฿0.77 for next year compared to ฿0.61 last year.
Valuation Update With 7 Day Price Move • Jun 25Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿12.90, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Electronic industry in Thailand. Total loss to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿6.24 per share.
공지 • Jun 01Synnex (Thailand) Public Company Limited Announces Chief Financial Officer ChangesSynnex (Thailand) Public Company Limited announced termination of Mr. Naran Poomsiri as Acting of Chief Financial Officer, Effective May 31, 2024. Company also announced appointment of Mr. Narong Luangputtikulchai as Acting of Chief Financial Officer. Effective date of appointment if June 1, 2024.
New Risk • May 21New 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 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change).
Reported Earnings • May 15First quarter 2024 earnings released: EPS: ฿0.18 (vs ฿0.16 in 1Q 2023)First quarter 2024 results: EPS: ฿0.18 (up from ฿0.16 in 1Q 2023). Revenue: ฿9.61b (up 5.0% from 1Q 2023). Net income: ฿152.0m (up 12% from 1Q 2023). Profit margin: 1.6% (up from 1.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% 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 fallen by 12% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings.
Price Target Changed • Mar 15Price target increased by 12% to ฿12.40Up from ฿11.07, the current price target is an average from 3 analysts. New target price is 13% above last closing price of ฿11.00. Stock is down 27% over the past year. The company is forecast to post earnings per share of ฿0.75 for next year compared to ฿0.61 last year.
Upcoming Dividend • Mar 12Upcoming dividend of ฿0.26 per shareEligible shareholders must have bought the stock before 19 March 2024. Payment date: 08 May 2024. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of Thai dividend payers (5.9%). Higher than average of industry peers (1.2%).
Declared Dividend • Feb 25Final dividend reduced to ฿0.26Dividend of ฿0.26 is 50% lower than last year. Ex-date: 19th March 2024 Payment date: 8th May 2024 Dividend yield will be 3.4%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 5.5% to bring the payout ratio under control. EPS is expected to grow by 45% over the next 2 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Feb 24Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: ฿0.61 (down from ฿0.96 in FY 2022). Revenue: ฿36.5b (down 6.5% from FY 2022). Net income: ฿513.3m (down 37% from FY 2022). Profit margin: 1.4% (down from 2.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
공지 • Feb 23+ 1 more updateSynnex (Thailand) Public Company Limited, Annual General Meeting, Apr 23, 2024Synnex (Thailand) Public Company Limited, Annual General Meeting, Apr 23, 2024, at 10:00 SE Asia Standard Time. Location: Synnex (Thailand) PCL.'s Head Office Lat Phrao Thailand Agenda: To consider acknowledging the Company's operating results for the year ended 2023; to consider approving the audited Financial Statements for the year ended 31 December 2023; to Consider approving the dividend payment and the appropriated of the net profit for the year 2023; and to transact such other business matters.
Price Target Changed • Nov 15Price target decreased by 16% to ฿11.07Down from ฿13.20, the current price target is an average from 3 analysts. New target price is 15% above last closing price of ฿9.60. Stock is down 45% over the past year. The company is forecast to post earnings per share of ฿0.60 for next year compared to ฿0.96 last year.
Reported Earnings • Nov 14Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: ฿0.17 (down from ฿0.25 in 3Q 2022). Revenue: ฿9.37b (down 7.2% from 3Q 2022). Net income: ฿142.5m (down 34% from 3Q 2022). Profit margin: 1.5% (down from 2.1% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 5.8% 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 1% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
New Risk • Oct 20New 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.0% average weekly change).
Price Target Changed • Sep 21Price target increased by 13% to ฿14.60Up from ฿12.97, the current price target is an average from 3 analysts. New target price is 13% above last closing price of ฿12.90. Stock is down 35% over the past year. The company is forecast to post earnings per share of ฿0.73 for next year compared to ฿0.96 last year.
Upcoming Dividend • Aug 17Upcoming dividend of ฿0.10 per share at 6.1% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 06 September 2023. Payout ratio is on the higher end at 84% but the company is not cash flow positive. Trailing yield: 6.1%. Lower than top quartile of Thai dividend payers (6.4%). Higher than average of industry peers (0.8%).
Price Target Changed • Aug 16Price target decreased by 7.2% to ฿12.97Down from ฿13.97, the current price target is an average from 3 analysts. New target price is 13% above last closing price of ฿11.50. Stock is down 41% over the past year. The company is forecast to post earnings per share of ฿0.79 for next year compared to ฿0.96 last year.
New Risk • Aug 13New major risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 6.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Aug 12Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: ฿0.10 (down from ฿0.22 in 2Q 2022). Revenue: ฿8.49b (down 11% from 2Q 2022). Net income: ฿87.3m (down 55% from 2Q 2022). Profit margin: 1.0% (down from 2.0% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is forecast to grow 7.0% 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 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공지 • Aug 12Synnex (Thailand) Public Company Limited Declares Interim Dividend for the Period from January 1, 2023 to June 30, 2023, Payable on 06 September 2023Synnex (Thailand) Public Company Limited declared interim dividend of THB 0.10 per share for the period from January 1, 2023 to June 30, 2023.Record date for the right to receive dividends is 25 August 2023, Ex-dividend date is 24 August 2023, Payment date is 06 September 2023.
Price Target Changed • Jun 09Price target decreased by 14% to ฿14.60Down from ฿17.03, the current price target is an average from 3 analysts. New target price is 9.8% above last closing price of ฿13.30. Stock is down 34% over the past year. The company is forecast to post earnings per share of ฿0.88 for next year compared to ฿0.96 last year.
Upcoming Dividend • Mar 02Upcoming dividend of ฿0.52 per share at 4.4% yieldEligible shareholders must have bought the stock before 09 March 2023. Payment date: 02 May 2023. Payout ratio is a comfortable 66% but the company is not cash flow positive. Trailing yield: 4.4%. Lower than top quartile of Thai dividend payers (5.7%). Higher than average of industry peers (0.9%).
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Somchai Hanhiran was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Sep 26Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.2%. The fair value is estimated to be ฿23.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 17% in the next 2 years.
Upcoming Dividend • Aug 15Upcoming dividend of ฿0.18 per shareEligible shareholders must have bought the stock before 22 August 2022. Payment date: 05 September 2022. Payout ratio is a comfortable 68% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of Thai dividend payers (5.5%). Higher than average of industry peers (1.1%).
Reported Earnings • Aug 11Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatSecond quarter 2022 results: EPS: ฿0.22 (down from ฿0.25 in 2Q 2021). Revenue: ฿9.59b (up 14% from 2Q 2021). Net income: ฿192.2m (down 8.9% from 2Q 2021). Profit margin: 2.0% (down from 2.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 6.7%, compared to a 81% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Aug 09Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be ฿24.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 17% in 2 years. Earnings is forecast to grow by 17% in the next 2 years.
Buying Opportunity • Jun 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be ฿23.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 25% in the next 2 years.
Buying Opportunity • Jun 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be ฿23.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 25% in the next 2 years.
Price Target Changed • May 28Price target decreased to ฿28.08Down from ฿31.57, the current price target is an average from 3 analysts. New target price is 32% above last closing price of ฿21.30. Stock is down 22% over the past year. The company is forecast to post earnings per share of ฿1.08 for next year compared to ฿1.02 last year.
Reported Earnings • May 09First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: ฿0.26 (up from ฿0.22 in 1Q 2021). Revenue: ฿9.96b (up 15% from 1Q 2021). Net income: ฿222.3m (up 20% from 1Q 2021). Profit margin: 2.2% (in line with 1Q 2021). Revenue exceeded analyst estimates by 8.7%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Over the next year, revenue is forecast to grow 9.8%, compared to a 107% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Apr 27Price target increased to ฿31.57Up from ฿28.60, the current price target is an average from 3 analysts. New target price is 29% above last closing price of ฿24.40. Stock is down 16% over the past year. The company is forecast to post earnings per share of ฿1.13 for next year compared to ฿1.02 last year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Chananyarak Phetcharat was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Mar 03Upcoming dividend of ฿0.52 per shareEligible shareholders must have bought the stock before 10 March 2022. Payment date: 05 May 2022. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (1.4%).
Price Target Changed • Feb 28Price target increased to ฿30.85Up from ฿28.60, the current price target is an average from 3 analysts. New target price is 16% above last closing price of ฿26.50. Stock is up 55% over the past year. The company is forecast to post earnings per share of ฿1.13 for next year compared to ฿1.02 last year.
Reported Earnings • Feb 27Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: ฿1.02 (up from ฿0.76 in FY 2020). Revenue: ฿37.1b (up 15% from FY 2020). Net income: ฿860.2m (up 34% from FY 2020). Profit margin: 2.3% (up from 2.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 9.1%. Over the next year, revenue is forecast to grow 10%, compared to a 81% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS ฿0.23 (vs ฿0.20 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: ฿8.90b (up 20% from 3Q 2020). Net income: ฿194.5m (up 14% from 3Q 2020). Profit margin: 2.2% (down from 2.3% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 17Upcoming dividend of ฿0.18 per shareEligible shareholders must have bought the stock before 24 August 2021. Payment date: 03 September 2021. Trailing yield: 2.4%. Lower than top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (1.1%).
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.25 (vs ฿0.20 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: ฿8.38b (down 3.6% from 2Q 2020). Net income: ฿211.1m (up 27% from 2Q 2020). Profit margin: 2.5% (up from 1.9% 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 3% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
Reported Earnings • May 14First quarter 2021 earnings released: EPS ฿0.22 (vs ฿0.15 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿8.64b (up 18% from 1Q 2020). Net income: ฿185.1m (up 41% from 1Q 2020). Profit margin: 2.1% (up from 1.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
Executive Departure • Apr 02Independent Director has left the companyOn the 30th of March, Chakkrit Parapuntakul's tenure as Independent Director ended after 1.9 years in the role. We don't have any record of a personal shareholding under Chakkrit's name. A total of 3 executives have left over the last 12 months.
Is New 90 Day High Low • Mar 09New 90-day high: ฿25.75The company is up 75% from its price of ฿14.70 on 09 December 2020. The Thai market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿4.81 per share.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improved over the past weekAfter last week's 30% share price gain to ฿22.20, the stock is trading at a trailing P/E ratio of 29.3x, up from the previous P/E ratio of 22.6x. This compares to an average P/E of 24x in the Electronic industry in Thailand. Total returns to shareholders over the past three years are 98%.
Price Target Changed • Mar 03Price target raised to ฿20.00Up from ฿18.28, the current price target is an average from 3 analysts. The new target price is 9.3% above the current share price of ฿18.30. As of last close, the stock is up 213% over the past year.
Reported Earnings • Feb 23Full year 2020 earnings released: EPS ฿0.76 (vs ฿0.64 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ฿32.1b (down 7.6% from FY 2019). Net income: ฿642.0m (up 23% from FY 2019). Profit margin: 2.0% (up from 1.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Price Target Changed • Feb 23Price target raised to ฿19.28Up from ฿17.35, the current price target is an average from 3 analysts. The new target price is 13% above the current share price of ฿17.10. As of last close, the stock is up 174% over the past year.
Analyst Estimate Surprise Post Earnings • Feb 23Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates by 9.1%. Over the next year, revenue is forecast to grow 9.1%, compared to a 8.9% growth forecast for the Electronic industry in Thailand.
Is New 90 Day High Low • Jan 29New 90-day high: ฿17.80The company is up 20% from its price of ฿14.80 on 30 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 108% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿4.66 per share.
Is New 90 Day High Low • Jan 13New 90-day high: ฿16.30The company is up 8.0% from its price of ฿15.10 on 15 October 2020. The Thai market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 160% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿3.45 per share.
Valuation Update With 7 Day Price Move • Nov 30Market bids up stock over the past weekAfter last week's 16% share price gain to ฿14.90, the stock is trading at a trailing P/E ratio of 21.2x, up from the previous P/E ratio of 18.3x. This compares to an average P/E of 20x in the Electronic industry in Thailand. Total returns to shareholders over the past three years are 35%.
Analyst Estimate Surprise Post Earnings • Nov 14Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 8.6%. Earnings per share (EPS) exceeded analyst estimates by 25%. Over the next year, revenue is forecast to grow 12%, compared to a 11% growth forecast for the Electronic industry in Thailand.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS ฿0.20The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ฿7.44b (down 6.1% from 3Q 2019). Net income: ฿170.8m (up 82% from 3Q 2019). Profit margin: 2.3% (up from 1.2% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 4% per year.
Valuation Update With 7 Day Price Move • Nov 10Market pulls back on stock over the past weekAfter last week's 19% share price decline to ฿12.30, the stock is trading at a trailing P/E ratio of 20.1x, down from the previous P/E ratio of 24.8x. This compares to an average P/E of 23x in the Electronic industry in Thailand. Total return to shareholders over the past three years is a loss of 2.2%.
Is New 90 Day High Low • Sep 24New 90-day high: ฿13.90The company is up 84% from its price of ฿7.55 on 25 June 2020. The Thai market is down 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 92% over the same period.