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Somboon Advance Technology

Executive Summary

Somboon Advance Technology Public Company Limited, together with its subsidiaries, manufactures and sells pick-up axles and truck trunnion shafts in Thailand.


Snowflake Analysis

Flawless balance sheet, good value and pays a dividend.

Share Price & News

How has Somboon Advance Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PSQ's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.8%

PSQ

-0.6%

DE Auto Components

2.6%

DE Market


1 Year Return

-47.5%

PSQ

-21.6%

DE Auto Components

8.1%

DE Market

Return vs Industry: PSQ underperformed the German Auto Components industry which returned -21.6% over the past year.

Return vs Market: PSQ underperformed the German Market which returned 8.1% over the past year.


Shareholder returns

PSQIndustryMarket
7 Day-0.8%-0.6%2.6%
30 Day-8.5%-1.0%0.7%
90 Day-7.1%1.3%11.5%
1 Year-41.7%-47.5%-18.2%-21.6%10.5%8.1%
3 Year-14.4%-31.4%-48.3%-53.1%6.4%-2.1%
5 Year-14.0%-36.6%-51.3%-57.1%15.2%-0.3%

Price Volatility Vs. Market

How volatile is Somboon Advance Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Somboon Advance Technology undervalued compared to its fair value and its price relative to the market?

11.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PSQ (€0.26) is trading below our estimate of fair value (€0.29)

Significantly Below Fair Value: PSQ is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: PSQ is good value based on its PE Ratio (8.8x) compared to the DE Auto Components industry average (17.3x).

PE vs Market: PSQ is good value based on its PE Ratio (8.8x) compared to the German market (21.5x).


Price to Earnings Growth Ratio

PEG Ratio: PSQ is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: PSQ's PB Ratio (0.6x) is in line with the DE Auto Components industry average.


Next Steps

Future Growth

How is Somboon Advance Technology forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

22.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PSQ's forecast earnings growth (22.4% per year) is above the savings rate (0.2%).

Earnings vs Market: PSQ's earnings (22.4% per year) are forecast to grow slower than the German market (23.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PSQ's revenue (9.4% per year) is forecast to grow faster than the German market (5.8% per year).

High Growth Revenue: PSQ's revenue (9.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PSQ's Return on Equity is forecast to be low in 3 years time (8.5%).


Next Steps

Past Performance

How has Somboon Advance Technology performed over the past 5 years?

7.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PSQ has high quality earnings.

Growing Profit Margin: PSQ's current net profit margins (7.4%) are lower than last year (11.2%).


Past Earnings Growth Analysis

Earnings Trend: PSQ's earnings have grown by 7.5% per year over the past 5 years.

Accelerating Growth: PSQ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PSQ had negative earnings growth (-49%) over the past year, making it difficult to compare to the Auto Components industry average (-53.8%).


Return on Equity

High ROE: PSQ's Return on Equity (7.1%) is considered low.


Next Steps

Financial Health

How is Somboon Advance Technology's financial position?


Financial Position Analysis

Short Term Liabilities: PSQ's short term assets (฿3.5B) exceed its short term liabilities (฿930.9M).

Long Term Liabilities: PSQ's short term assets (฿3.5B) exceed its long term liabilities (฿436.2M).


Debt to Equity History and Analysis

Debt Level: PSQ's debt to equity ratio (2.6%) is considered satisfactory.

Reducing Debt: PSQ's debt to equity ratio has reduced from 50.1% to 2.6% over the past 5 years.

Debt Coverage: PSQ's debt is well covered by operating cash flow (620.1%).

Interest Coverage: PSQ earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Somboon Advance Technology current dividend yield, its reliability and sustainability?

13.24%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: PSQ's dividend (13.24%) is higher than the bottom 25% of dividend payers in the German market (1.23%).

High Dividend: PSQ's dividend (13.24%) is in the top 25% of dividend payers in the German market (3.78%)


Stability and Growth of Payments

Stable Dividend: PSQ's dividend payments have been volatile in the past 10 years.

Growing Dividend: PSQ's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (116.9%), PSQ's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: PSQ's dividends in 3 years are forecast to be well covered by earnings (49% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average management tenure


CEO

Napatsorn Kitaphanich (55 yo)

2.58yrs

Tenure

฿1,067,512

Compensation

Ms. Napatsorn Kitaphanich is President of Somboon Advance Technology Public Company Ltd since January 2018 and is its Member of Executive Board. Ms. Kitaphanich served as Executive Vice President of Corpor ...


Leadership Team

NamePositionTenureCompensationOwnership
Napatsorn Kitaphanich
President2.58yrs฿1.07m0.68%
฿ 807.6k
Ajarin Sarasas
Chairman of Executive Board & Independent Director10.67yrs฿1.79mno data
Yongkiat Kitaphanich
Vice Chairman of Management Board & Director16.58yrs฿1.55m0.78%
฿ 923.9k
Prayong Hirunyawanich
Member of Executive Board & Independent Director3.25yrs฿1.52mno data
Nattakajorn Yanpirat
MD & VP of Finance Accounting & Information Technology4.58yrsno datano data
Witsarut Boonto
Head of Compliance Unit2.25yrsno datano data
Pasucha Sinchai
Assistance General Manager of Legal & Company Secretary2.25yrsno datano data
Cheerawit Sureerattanan
Managing Director of SBM & ICPno datano data0.0010%
฿ 1.2k
Anotai Mohjhaw
Vice President of Human Resources3.58yrsno datano data
Patpong Weerasin
MD of SFT & VP of Operation SAT5.58yrsno data0.0010%
฿ 1.2k
Thanthach Ritthinam
Vice President- President Officer & MD- MSAno datano data0.0010%
฿ 1.2k
Nopamas Panthong
Investor Relations Managerno datano datano data

2.9yrs

Average Tenure

53yo

Average Age

Experienced Management: PSQ's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Napatsorn Kitaphanich
President2.58yrs฿1.07m0.68%
฿ 807.6k
Ajarin Sarasas
Chairman of Executive Board & Independent Director10.67yrs฿1.79mno data
Yongkiat Kitaphanich
Vice Chairman of Management Board & Director16.58yrs฿1.55m0.78%
฿ 923.9k
Prayong Hirunyawanich
Member of Executive Board & Independent Director3.25yrs฿1.52mno data
Panja Senadisai
Independent Director16.58yrs฿1.52mno data
Paitoon Taveebhol
Independent Director12.33yrs฿1.47mno data
Sansern Wongcha-Um
Independent Chairman of the Board12.42yrs฿2.08mno data
Yongyuth Kitaphanich
Vice Chairman16.58yrs฿1.37m8.35%
฿ 9.9m
Suthad Setboonsarng
Independent Director2.33yrs฿1.28mno data

12.4yrs

Average Tenure

68yo

Average Age

Experienced Board: PSQ's board of directors are seasoned and experienced ( 12.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Somboon Advance Technology Public Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Somboon Advance Technology Public Company Limited
  • Ticker: PSQ
  • Exchange: DB
  • Founded: 1995
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: ฿4.337b
  • Listing Market Cap: ฿117.944m
  • Shares outstanding: 425.19m
  • Website: https://www.satpcl.co.th

Location

  • Somboon Advance Technology Public Company Limited
  • No. 129 Moo 2
  • KM. 15 th Bangna-Trad Road
  • Bang Phli
  • 10540
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SATSET (The Stock Exchange of Thailand)YesOrdinary SharesTHTHBJan 2005
SAT-RSET (The Stock Exchange of Thailand)THB1(NVDR)THTHBJan 2005
PSQDB (Deutsche Boerse AG)THB1(ALIEN MKT)DEEURJul 2006

Biography

Somboon Advance Technology Public Company Limited, together with its subsidiaries, manufactures and sells pick-up axles and truck trunnion shafts in Thailand. It offers axel shafts, disc and drum brakes, e ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/08 21:53
End of Day Share Price2020/08/07 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.