Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ฿4.24, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 15x in the Electronic industry in Thailand. Total loss to shareholders of 15% over the past three years. New Risk • May 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.2% average weekly change). Minor Risks Dividend is not well covered by cash flows (120% cash payout ratio). Market cap is less than US$100m (฿2.36b market cap, or US$72.2m). Valuation Update With 7 Day Price Move • May 25
Investor sentiment improves as stock rises 40% After last week's 40% share price gain to ฿4.54, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 12x in the Electronic industry in Thailand. Total loss to shareholders of 17% over the past three years. Reported Earnings • May 17
First quarter 2026 earnings released: EPS: ฿0.10 (vs ฿0.073 in 1Q 2025) First quarter 2026 results: EPS: ฿0.10 (up from ฿0.073 in 1Q 2025). Revenue: ฿727.6m (up 8.3% from 1Q 2025). Net income: ฿64.9m (up 40% from 1Q 2025). Profit margin: 8.9% (up from 6.9% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year and the company’s share price has also fallen by 22% per year. New Risk • Apr 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.6% 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: 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 (7.6% average weekly change). Market cap is less than US$100m (฿2.22b market cap, or US$68.9m). Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ฿3.48, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 13x in the Electronic industry in Thailand. Total loss to shareholders of 45% over the past three years. Declared Dividend • Mar 02
Final dividend of ฿0.15 announced Shareholders will receive a dividend of ฿0.15. Ex-date: 13th March 2026 Payment date: 21st May 2026 Dividend yield will be 7.9%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but not adequately covered by cash flows (95% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Aankondiging • Dec 26
Team Precision Public Company Limited (SET:TEAM) announces an Equity Buyback for 30,000,000 shares, representing 4.71% for THB 80 million. Team Precision Public Company Limited (SET:TEAM) announces a share repurchase program. Under the program, the company will repurchase up to 30,000,000 shares, representing 4.71% of its issued share capital, for THB 80 million. The repurchase price of the shares shall not exceed 115%of the average closing price of the shares over the 5 trading days prior to the share repurchase date. The purpose of the program is to efficiently utilize the company’s excess liquidity for maximum benefit, enhance the return on equity (ROE) and increase earnings per share (EPS) and strengthen confidence in the company’s strong financial position and profitability. The repurchased shares may be disposed or resold. The program is valid till July 13, 2026. As of March 6, 2025, the company had 637,063,385 shares issued. Reported Earnings • Nov 16
Third quarter 2025 earnings released: EPS: ฿0.061 (vs ฿0.024 in 3Q 2024) Third quarter 2025 results: EPS: ฿0.061 (up from ฿0.024 in 3Q 2024). Revenue: ฿667.7m (down 13% from 3Q 2024). Net income: ฿38.9m (up 151% from 3Q 2024). Profit margin: 5.8% (up from 2.0% in 3Q 2024). The increase in margin was driven by lower expenses. 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 25% per year, which means it is performing significantly worse than earnings. Declared Dividend • Aug 15
First half dividend of ฿0.05 announced Shareholders will receive a dividend of ฿0.05. Ex-date: 27th August 2025 Payment date: 11th September 2025 Dividend yield will be 7.3%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: ฿0.046 (vs ฿0.082 in 2Q 2024) Second quarter 2025 results: EPS: ฿0.046 (down from ฿0.082 in 2Q 2024). Revenue: ฿702.2m (up 2.3% from 2Q 2024). Net income: ฿29.3m (down 44% from 2Q 2024). Profit margin: 4.2% (down from 7.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 15% per year. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ฿2.82, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 13x in the Electronic industry in Thailand. Total loss to shareholders of 8.1% over the past three years. Buy Or Sell Opportunity • Jul 04
Now 30% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to ฿2.82. The fair value is estimated to be ฿2.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has declined by 3.5%. Buy Or Sell Opportunity • Jun 09
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at ฿2.66. The fair value is estimated to be ฿2.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has declined by 3.5%. Reported Earnings • May 14
First quarter 2025 earnings released: EPS: ฿0.073 (vs ฿0.12 in 1Q 2024) First quarter 2025 results: EPS: ฿0.073 (down from ฿0.12 in 1Q 2024). Revenue: ฿672.1m (down 14% from 1Q 2024). Net income: ฿46.5m (down 40% from 1Q 2024). Profit margin: 6.9% (down from 9.9% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ฿2.24, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 13x in the Electronic industry in Thailand. Total loss to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ฿2.84, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 14x in the Electronic industry in Thailand. Total loss to shareholders of 26% over the past three years. Declared Dividend • Feb 24
Final dividend of ฿0.15 announced Dividend of ฿0.15 is the same as last year. Ex-date: 5th March 2025 Payment date: 21st May 2025 Dividend yield will be 8.6%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by both earnings (74% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 97% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Nov 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.7% 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: 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 (6.7% average weekly change). Profit margins are more than 30% lower than last year (6.7% net profit margin). Market cap is less than US$100m (฿1.91b market cap, or US$54.9m). Reported Earnings • Nov 14
Third quarter 2024 earnings released: EPS: ฿0.024 (vs ฿0.14 in 3Q 2023) Third quarter 2024 results: EPS: ฿0.024 (down from ฿0.14 in 3Q 2023). Revenue: ฿769.1m (down 1.4% from 3Q 2023). Net income: ฿15.5m (down 83% from 3Q 2023). Profit margin: 2.0% (down from 12% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ฿4.26, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 22x in the Electronic industry in Thailand. Total loss to shareholders of 5.5% over the past three years. Declared Dividend • Aug 09
First half dividend of ฿0.08 announced Shareholders will receive a dividend of ฿0.08. Ex-date: 21st August 2024 Payment date: 5th September 2024 Dividend yield will be 6.2%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 18% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 24% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: ฿0.082 (vs ฿0.13 in 2Q 2023) Second quarter 2024 results: EPS: ฿0.082 (down from ฿0.13 in 2Q 2023). Revenue: ฿686.6m (down 24% from 2Q 2023). Net income: ฿52.0m (down 38% from 2Q 2023). Profit margin: 7.6% (down from 9.3% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • May 08
First quarter 2024 earnings released: EPS: ฿0.12 (vs ฿0.089 in 1Q 2023) First quarter 2024 results: EPS: ฿0.12 (up from ฿0.089 in 1Q 2023). Revenue: ฿782.7m (down 3.7% from 1Q 2023). Net income: ฿77.1m (up 36% from 1Q 2023). Profit margin: 9.9% (up from 7.0% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 29% per year. Upcoming Dividend • Feb 27
Upcoming dividend of ฿0.15 per share Eligible shareholders must have bought the stock before 05 March 2024. Payment date: 21 May 2024. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (1.1%). Aankondiging • Feb 21
Team Precision Public Company Limited, Annual General Meeting, Apr 24, 2024 Team Precision Public Company Limited, Annual General Meeting, Apr 24, 2024, at 10:00 SE Asia Standard Time. Location: 152/8 Moo3, Rangsit Sub-District, Tanyaburi District, Pathumthani Province, Pathum Thani Thailand Agenda: To consider and resolve minutes of Annual General Meeting of Shareholder No. 1/2023; to acknowledge the Company's performance for the year of 2023; to consider and approve the Company's Statements of Financial Position and Statements of Comprehensive for the fiscal year ended December 31, 2023; to consider and approve the dividend payment to shareholders; to consider the appointment of Directors to replace those retiring by rotation; to consider and approve director remuneration and compensation; to consider the appointment of Company's auditors and determine the audit fee; and to consider other matters (if any). Reported Earnings • Feb 21
Full year 2023 earnings released: EPS: ฿0.45 (vs ฿0.48 in FY 2022) Full year 2023 results: EPS: ฿0.45 (down from ฿0.48 in FY 2022). Revenue: ฿3.22b (up 4.9% from FY 2022). Net income: ฿285.0m (down 7.4% from FY 2022). Profit margin: 8.8% (down from 10.0% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 21
Team Precision Public Company Limited Proposes Dividend for the Year 2023, Payable on May 21, 2024 Team Precision Public Company Limited announced at the AGM to be held on April 24, 2024, proposed dividend payment for the year 2023 at THB 0.23 share or not exceeding in total of THB 146.52 million. The Company already made the interim dividend payment of 0.08 Baht/share or THB 50.97 million on September 5, 2023. Therefore, the remaining dividend to be paid will be THB 0. 1 5 share or not exceeding in total of THB 95.55 million which the cash dividend will be paid out from BOI privilege and will be paid on May 21, 2024. As for the Company legal reserve, the Company has a legal reserve of THB 63.7 million, which is not less than 10 %of the registered capital according to Company's Articles of Association. Therefore, there will be no agenda on allocation of legal reserve. The record date for dividend payment will be March 6, 2024 and the right to receive dividends is still uncertain, as it would first require the approval from shareholders. Reported Earnings • Nov 09
Third quarter 2023 earnings released: EPS: ฿0.14 (vs ฿0.13 in 3Q 2022) Third quarter 2023 results: EPS: ฿0.14 (up from ฿0.13 in 3Q 2022). Revenue: ฿780.4m (down 15% from 3Q 2022). Net income: ฿89.6m (up 8.2% from 3Q 2022). Profit margin: 12% (up from 9.0% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ฿4.48, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 17x in the Electronic industry in Thailand. Total returns to shareholders of 475% over the past three years. Upcoming Dividend • Aug 16
Upcoming dividend of ฿0.08 per share at 3.8% yield Eligible shareholders must have bought the stock before 23 August 2023. Payment date: 05 September 2023. Trailing yield: 3.8%. Lower than top quartile of Thai dividend payers (6.4%). Higher than average of industry peers (0.8%). Aankondiging • Aug 11
Team Precision Public Company Limited Declares Interim Dividend for Operating Period from 01-January-2023 to 30-June-2023, Payable on September 5, 2023 Team Precision Public Company Limited declared Interim Dividend of THB 0.08 for Operating period from 01-January-2023 to 30-June-2023, payable on September 5, 2023. Ex-dividend date is August 23, 2023. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ฿6.40, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 19x in the Electronic industry in Thailand. Total returns to shareholders of 720% over the past three years. New Risk • Jun 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ฿3.50b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (฿3.50b market cap, or US$99.4m). Board Change • May 25
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Deputy CEO, Company Secretary & Executive Director Supachak Manusathit was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 01
Upcoming dividend of ฿0.20 per share at 3.0% yield Eligible shareholders must have bought the stock before 08 March 2023. Payment date: 23 May 2023. Payout ratio is a comfortable 52% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Thai dividend payers (5.6%). Higher than average of industry peers (0.9%). Reported Earnings • Feb 27
Full year 2022 earnings released: EPS: ฿0.48 (vs ฿0.32 in FY 2021) Full year 2022 results: EPS: ฿0.48 (up from ฿0.32 in FY 2021). Revenue: ฿3.07b (up 23% from FY 2021). Net income: ฿307.7m (up 52% from FY 2021). Profit margin: 10.0% (up from 8.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has increased by 139% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ฿10.10, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 26x in the Electronic industry in Thailand. Total returns to shareholders of 1,314% over the past three years. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment deteriorated over the past week After last week's 26% share price decline to ฿7.40, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 22x in the Electronic industry in Thailand. Total returns to shareholders of 745% over the past three years. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improved over the past week After last week's 32% share price gain to ฿6.30, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 22x in the Electronic industry in Thailand. Total returns to shareholders of 596% over the past three years. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Deputy CEO, Company Secretary & Executive Director Supachak Manusathit was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Aug 16
Upcoming dividend of ฿0.05 per share Eligible shareholders must have bought the stock before 23 August 2022. Payment date: 07 September 2022. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of Thai dividend payers (5.4%). Higher than average of industry peers (1.1%). Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: ฿0.10 (vs ฿0.072 in 2Q 2021) Second quarter 2022 results: EPS: ฿0.10 (up from ฿0.072 in 2Q 2021). Revenue: ฿726.9m (up 22% from 2Q 2021). Net income: ฿64.2m (up 40% from 2Q 2021). Profit margin: 8.8% (up from 7.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year whereas the company’s share price has increased by 66% per year. Aankondiging • Aug 10
Team Precision Public Company Limited Announces Interim Cash Dividend for the Period from January 1, 2022 to June 30, 2022, Payable on September 7, 2022 Team Precision Public Company Limited announced cash dividend for the Operating period from January 1, 2022 to June 30, 2022 of THB 0.05 per share. Record date for the right to receive dividends Aug. 24, 2022, Ex-dividend date is August, 23, 2022, Payment date is September 07, 2022. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improved over the past week After last week's 15% share price gain to ฿4.66, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 20x in the Electronic industry in Thailand. Total returns to shareholders of 344% over the past three years. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improved over the past week After last week's 40% share price gain to ฿4.52, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 20x in the Electronic industry in Thailand. Total returns to shareholders of 326% over the past three years. Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Deputy CEO, Company Secretary & Executive Director Supachak Manusathit was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • May 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Deputy CEO, Company Secretary & Executive Director Supachak Manusathit was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ฿3.80, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 24x in the Electronic industry in Thailand. Total returns to shareholders of 234% over the past three years. Upcoming Dividend • Feb 28
Inaugural dividend of ฿0.11 per share Eligible shareholders must have bought the stock before 07 March 2022. Payment date: 17 May 2022. The company is not currently making a profit and there are not enough cash flows to support it either. The company last paid an ordinary dividend in November 2021. The average dividend yield among industry peers is 1.2%. Aankondiging • Feb 24
Team Precision Public Company Limited Proposes Dividend Payment for the Year 2021, Payable on May 17, 2022 Team Precision Public Company Limited proposed the dividend payment for the year 2021 at THB 0.16 /share or not exceeding in total of THB 101.93 million. The Company already made the interim dividend payment of THB 0.05/share or THB 31.85 million on September 7, 2021. Therefore, the remaining dividend to be paid will be THB 0.11 /share or not exceeding in total of THB 70.08 million which the cash dividend will be paid out from BOI privilege and will be paid on May 17, 2022. Reported Earnings • Feb 24
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ฿0.32 (up from ฿0.025 loss in FY 2020). Revenue: ฿2.51b (up 34% from FY 2020). Net income: ฿202.7m (up ฿218.9m from FY 2020). Profit margin: 8.1% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 24
Team Precision Public Company Limited, Annual General Meeting, Apr 26, 2022 Team Precision Public Company Limited, Annual General Meeting, Apr 26, 2022, at 03:00 Coordinated Universal Time. Location: Meeting room of Team Precision Public Company Limited 152/8 Moo3, Rangsit Sub-District, Tanyaburi District, Pathumthanee Province Rangsit Thailand Agenda: To consider and resolve minutes of Annual General Meeting of Shareholder No. 1/2021; to acknowledge the Company's performance for the year of 2021; to consider and approve the Company's Statements of Financial Position and Statements of Comprehensive for the fiscal year ended December 31, 2021; to consider and approve the dividend payment to shareholders; to consider the appointment of Directors to replace those retiring by rotation; to consider and approve director remuneration and compensation; to consider the appointment of Company's auditors and determine the audit fee; and to consider other matters. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment improved over the past week After last week's 18% share price gain to ฿5.20, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 27x in the Electronic industry in Thailand. Total returns to shareholders of 365% over the past three years. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improved over the past week After last week's 30% share price gain to ฿6.30, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 31x in the Electronic industry in Thailand. Total returns to shareholders of 544% over the past three years. Executive Departure • Dec 05
Acting Finance Director, Compensation & Benefits Director, Secretary and Executive Director Suratn Petchmunee has left the company On the 1st of December, Suratn Petchmunee's tenure as Acting Finance Director, Compensation & Benefits Director, Secretary and Executive Director ended. As of September 2021, Suratn still personally held 4.27m shares (฿21m worth at the time). Suratn is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 11.92 years. Executive Departure • Dec 01
Compensation & Benefits Director, Secretary and Executive Director Suratn Petchmunee has left the company On the 1st of December, Suratn Petchmunee's tenure as Compensation & Benefits Director, Secretary and Executive Director ended. As of September 2021, Suratn still personally held 4.27m shares (฿21m worth at the time). Suratn is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 11.83 years. Reported Earnings • Nov 11
Third quarter 2021 earnings released: EPS ฿0.10 (vs ฿0.025 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿601.6m (up 45% from 3Q 2020). Net income: ฿64.8m (up 300% from 3Q 2020). Profit margin: 11% (up from 3.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 21% share price gain to ฿4.80, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 29x in the Electronic industry in Thailand. Total returns to shareholders of 333% over the past three years. Upcoming Dividend • Aug 17
Upcoming dividend of ฿0.05 per share Eligible shareholders must have bought the stock before 24 August 2021. Payment date: 07 September 2021. Trailing yield: 2.5%. Lower than top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (1.1%). Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS ฿0.072 (vs ฿0.11 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿599.6m (up 59% from 2Q 2020). Net income: ฿45.8m (up ฿117.3m from 2Q 2020). Profit margin: 7.6% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 21% share price gain to ฿4.92, the stock trades at a trailing P/E ratio of 75.7x. Average trailing P/E is 32x in the Electronic industry in Thailand. Total returns to shareholders of 317% over the past three years. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improved over the past week After last week's 29% share price gain to ฿3.56, the stock trades at a trailing P/E ratio of 54.7x. Average trailing P/E is 34x in the Electronic industry in Thailand. Total returns to shareholders of 207% over the past three years. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improved over the past week After last week's 25% share price gain to ฿2.88, the stock trades at a trailing P/E ratio of 44.3x. Average trailing P/E is 30x in the Electronic industry in Thailand. Total returns to shareholders of 148% over the past three years. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 34% share price gain to ฿2.40, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 29x in the Electronic industry in Thailand. Total returns to shareholders of 85% over the past three years. Reported Earnings • May 13
First quarter 2021 earnings released: EPS ฿0.073 (vs ฿0.017 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿629.2m (up 26% from 1Q 2020). Net income: ฿46.8m (up ฿57.6m from 1Q 2020). Profit margin: 7.4% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 23
New 90-day high: ฿1.40 The company is up 56% from its price of ฿0.90 on 25 November 2020. The Thai market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 78% over the same period. Reported Earnings • Feb 23
Full year 2020 earnings released: ฿0.025 loss per share (vs ฿0.012 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: ฿1.88b (down 13% from FY 2019). Net loss: ฿16.2m (down 313% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 18
New 90-day high: ฿1.12 The company is up 32% from its price of ฿0.85 on 20 October 2020. The Thai market is up 26% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 128% over the same period. Is New 90 Day High Low • Dec 24
New 90-day high: ฿1.02 The company is up 17% from its price of ฿0.87 on 25 September 2020. The Thai market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 94% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: ฿0.94 The company is up 12% from its price of ฿0.84 on 09 September 2020. The Thai market is also up 12% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Electronic industry, which is up 69% over the same period. Reported Earnings • Nov 12
Third quarter 2020 earnings released: EPS ฿0.025 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ฿417.3m (down 15% from 3Q 2019). Net income: ฿16.2m (up ฿21.4m from 3Q 2019). Profit margin: 3.9% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. 
