BST:2SC

Stock Analysis Report

Sriracha Construction

Executive Summary

Sriracha Construction Public Company Limited engages in construction business, machinery and equipment rental, and consulting on architectural and engineering in Thailand and internationally.

Snowflake

Fundamentals

Flawless balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Sriracha Construction's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.9%

2SC

0.9%

DE Construction

2.8%

DE Market


1 Year Return

-40.1%

2SC

-18.9%

DE Construction

3.0%

DE Market

Return vs Industry: 2SC underperformed the German Construction industry which returned -18.9% over the past year.

Return vs Market: 2SC underperformed the German Market which returned 3% over the past year.


Share holder returns

2SCIndustryMarket
7 Day-1.9%0.9%2.8%
30 Day-17.8%0.9%0.2%
90 Day4.0%-5.5%1.3%
1 Year-40.1%-40.1%-15.5%-18.9%6.2%3.0%
3 Year-31.4%-33.5%-5.8%-12.8%18.2%8.0%
5 Year-70.2%-74.8%102.8%79.9%43.1%23.6%

Price Volatility Vs. Market

How volatile is Sriracha Construction's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Sriracha Construction undervalued based on future cash flows and its price relative to the stock market?

1.58x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: 2SC (€0.21) is trading above our estimate of fair value (€0.03)

Significantly Undervalued: 2SC is trading above our estimate of fair value.


Price Based on Earnings

PE vs Industry: 2SC is unprofitable, so we can't compare its PE Ratio to the Construction industry average.

PE vs Market: 2SC is unprofitable, so we can't compare its PE Ratio to the German market.


Price Based on Expected Growth

Low PEG Ratio: Insufficient data to calculate 2SC's PEG Ratio to determine if it is good value.


Price Based on Value of Assets

PB vs Industry: 2SC is overvalued based on its PB Ratio (1.6x) compared to the XE Construction industry average (1.1x).


Next Steps

Future Growth

How is Sriracha Construction expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.2%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sriracha Construction has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Sriracha Construction performed over the past 5 years?

-75.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 2SC is unprofitable, and losses have increased over the past 5 years at a rate of -75.2% per year.

Accelerating Growth: Unable to compare 2SC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2SC is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (8.1%).


Return on Equity

High ROE: 2SC has a negative Return on Equity (-3.78%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 2SC is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 2SC is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Sriracha Construction's financial position?


Financial Position Analysis

Short Term Liabilities: 2SC's short term assets (€1.0B) exceeds its short term liabilities (€106.7M)

Long Term Liabilities: 2SC's short term assets (€1.0B) exceeds its long term liabilities (€95.2M)


Debt to Equity History and Analysis

Debt Level: 2SC is debt free.

Reducing Debt: 2SC has not had any debt for past 5 years.

Debt Coverage: 2SC has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 2SC has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 2SC has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 2SC's debt is covered by short term assets.


Next Steps

Dividend

What is Sriracha Construction's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.9%industryaverage4.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: Unable to evaluate 2SC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 2SC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 2SC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2SC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 2SC is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 2SC's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of Sriracha Construction's salary, the management and board of directors tenure and is there insider trading?

8.8yrs

Average management tenure


CEO

Boonkrua Khemapiratana (77yo)

0yrs

Tenure

฿1,095,000

Compensation

Mr. Boonkrua Khemapiratana serves as the Chief Executive Officer and Managing Director of Sriracha Construction Public Company Limited and has been its Director since July 22, 1994. 


Management Age and Tenure

8.8yrs

Average Tenure

61yo

Average Age

Experienced Management: 2SC's management team is seasoned and experienced (8.8 years average tenure).


Board Age and Tenure

8.3yrs

Average Tenure

61yo

Average Age

Experienced Board: 2SC's board of directors are considered experienced (8.3 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • Boonkrua Khemapiratana (77yo)

    CEO, MD & Director

    • Tenure: 0yrs
    • Compensation: ฿1.10m
  • Chatmongkol Khemapiratana (50yo)

    Assistant MD of operation & Director

    • Tenure: 25.3yrs
    • Compensation: ฿1.04m
  • Sudchinda Sethakulvichai (48yo)

    Company Secretary

    • Tenure: 25.8yrs
    • Compensation: ฿1.04m
  • Gridsada Potisomporn (61yo)

    Deputy MD & Director

    • Tenure: 8.3yrs
    • Compensation: ฿1.04m
  • Boonlom Farkmitra (75yo)

    CFO and Assistant MD of Finance & Account

    • Tenure: 8.8yrs

Board Members

  • Trairak Tengtrairat (50yo)

    Independent Director

    • Tenure: 6.2yrs
    • Compensation: ฿1.05m
  • Kamol Ratanachai (52yo)

    Independent Director

    • Tenure: 8.3yrs
    • Compensation: ฿975.00k
  • Yiem Chundprasit (79yo)

    Chairman

    • Tenure: 8.8yrs
    • Compensation: ฿1.28m
  • Boonkrua Khemapiratana (77yo)

    CEO, MD & Director

    • Tenure: 0yrs
    • Compensation: ฿1.10m
  • Chatmongkol Khemapiratana (50yo)

    Assistant MD of operation & Director

    • Tenure: 25.3yrs
    • Compensation: ฿1.04m
  • Sudchinda Sethakulvichai (48yo)

    Company Secretary

    • Tenure: 25.8yrs
    • Compensation: ฿1.04m
  • Gridsada Potisomporn (61yo)

    Deputy MD & Director

    • Tenure: 8.3yrs
    • Compensation: ฿1.04m
  • Dusit Choopanya (80yo)

    Independent Director

    • Tenure: 8.3yrs
    • Compensation: ฿1.10m
  • Narong Sooksawasdi (78yo)

    Independent Director

    • Tenure: 8.3yrs
    • Compensation: ฿1.06m

Company Information

Sriracha Construction Public Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sriracha Construction Public Company Limited
  • Ticker: 2SC
  • Exchange: BST
  • Founded: 1994
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: ฿2.402b
  • Listing Market Cap: ฿71.409m
  • Shares outstanding: 309.88m
  • Website: https://www.sricha.com

Location

  • Sriracha Construction Public Company Limited
  • 97 Moo 3
  • Surasak sub-district
  • Si Racha
  • 20110
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SRICHA-FTHAMSE (Bangkok-Alien Market Stock Exchange)THB1(ALIEN MKT)THTHBJul 2012
SRICHASET (The Stock Exchange of Thailand)YesCommon SharesTHTHBJul 2012
SRICHA-RSET (The Stock Exchange of Thailand)THB1(NVDR)THTHBJul 2012
2SCBST (Boerse-Stuttgart)THB1(NVDR)DEEURJul 2012

Biography

Sriracha Construction Public Company Limited engages in construction business, machinery and equipment rental, and consulting on architectural and engineering in Thailand and internationally. The company p ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/12 22:10
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.

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