LH Financial Group Public Company Limited, an investment holding company, engages in banking business in Thailand.
Flawless balance sheet and undervalued.
Share Price & News
How has LH Financial Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6LH has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 6LH exceeded the German Banks industry which returned -3% over the past year.
Return vs Market: 6LH underperformed the German Market which returned 8.3% over the past year.
Price Volatility Vs. Market
How volatile is LH Financial Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is LH Financial Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 6LH (€0.04) is trading below our estimate of fair value (€0.05)
Significantly Below Fair Value: 6LH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6LH is good value based on its PE Ratio (8.8x) compared to the Banks industry average (17.8x).
PE vs Market: 6LH is good value based on its PE Ratio (8.8x) compared to the German market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6LH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6LH is good value based on its PB Ratio (0.7x) compared to the DE Banks industry average (0.9x).
How is LH Financial Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Banks industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if 6LH's forecast earnings growth is above the savings rate (-0.4%).
Earnings vs Market: Insufficient data to determine if 6LH's earnings are forecast to grow faster than the German market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if 6LH's revenue is forecast to grow faster than the German market.
High Growth Revenue: Insufficient data to determine if 6LH's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 6LH's Return on Equity is forecast to be high in 3 years time
How has LH Financial Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6LH has high quality earnings.
Growing Profit Margin: 6LH's current net profit margins (47.2%) are lower than last year (47.9%).
Past Earnings Growth Analysis
Earnings Trend: 6LH's earnings have grown by 16.8% per year over the past 5 years.
Accelerating Growth: 6LH's earnings growth over the past year (3.4%) is below its 5-year average (16.8% per year).
Earnings vs Industry: 6LH earnings growth over the past year (3.4%) exceeded the Banks industry -7%.
Return on Equity
High ROE: 6LH's Return on Equity (7.8%) is considered low.
Return on Assets
Return on Capital Employed
How is LH Financial Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 6LH has a low level of unsold assets or inventory.
Debt Coverage by Assets: 6LH's debt is not covered by short term assets (assets are 0.7x debt).
Financial Institutions Analysis
Asset Level: 6LH's level of assets compared to its equity is low.
Allowance for Bad Loans: 6LH has a sufficient allowance for bad loans.
Low Risk Liabilities: 6LH's liabilities are made up of primarily low risk sources of funding.
Loan Level: 6LH has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 6LH's loans are broadly funded by customer deposits.
Level of Bad Loans: 6LH has an appropriate level of bad loans (1.75%)
What is LH Financial Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 6LH's dividend (6.77%) is higher than the bottom 25% of dividend payers in the German market (1.38%).
High Dividend: 6LH's dividend (6.77%) is in the top 25% of dividend payers in the German market (3.73%)
Stability and Growth of Payments
Stable Dividend: 6LH has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6LH's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (52.6%), 6LH's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Sasitorn Phongsathorn (61yo)
Mrs. Sasitorn Phongsathorn serves as an Independent Director of Pico (Thailand) Public Company since January 10, 2020. She is Chief Executive Officer of the LH Financial Group Public Company Limited since ...
|CEO, President & Executive Director||2.1yrs||฿1.53m||0.0094% ฿75.3k|
|Executive Director||8.8yrs||฿1.89m||no data|
|Independent Director||10.8yrs||฿2.59m||no data|
|Chairman of the Board||2.7yrs||฿2.42m||no data|
|Independent Director||1.8yrs||฿849.33k||no data|
|Independent Director||2.5yrs||฿1.78m||no data|
|Independent Director||0yrs||no data||no data|
Experienced Board: 6LH's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
LH Financial Group Public Company Limited's company bio, employee growth, exchange listings and data sources
- Name: LH Financial Group Public Company Limited
- Ticker: 6LH
- Exchange: MUN
- Founded: 2009
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ฿27.632b
- Listing Market Cap: ฿800.567m
- Shares outstanding: 21.09b
- Website: https://www.lhfg.co.th
- LH Financial Group Public Company Limited
- No. 1, Q-House Lumpini Building
- 5th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LHFG-F||THAMSE (Bangkok-Alien Market Stock Exchange)||THB1 (ALIEN MARKET)||TH||THB||May 2011|
|LHFG||SET (The Stock Exchange of Thailand)||Yes||Ordinary Shares||TH||THB||May 2011|
|6LH||MUN (Boerse Muenchen)||THB1 (ALIEN MARKET)||DE||EUR||May 2011|
|LHFG-R||SET (The Stock Exchange of Thailand)||NO VTG DEP RCPT REP 1 ORD THB1||TH||THB||May 2011|
LH Financial Group Public Company Limited, an investment holding company, engages in banking business in Thailand. The company operates in four segments: Investment Holding Business, Banking Business, Fund Management Business, and Other Businesses. It accepts deposit products, such as demand deposits, savings deposits, time deposits, and fixed deposit receipts; and offers loans, including housing, retail, and commercial loans, as well as overdrafts. The company also provides funds; securities brokerage, trading, and underwriting services; and investment advisory services. LH Financial Group Public Company Limited was founded in 2009 and is based in Bangkok, Thailand.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 22:07|
|End of Day Share Price||2020/02/25 00:00|
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.