BST:67C

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Communication & System Solution

Executive Summary

Communication & System Solution Public Company Limited distributes and installs production equipment for electricity, water, air conditioning, and telecommunication systems in Thailand.


Snowflake Analysis

Mediocre balance sheet unattractive dividend payer.


Similar Companies

Share Price & News

How has Communication & System Solution's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 67C's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

12.5%

67C

-4.2%

DE Trade Distributors

-3.6%

DE Market


1 Year Return

-15.6%

67C

16.0%

DE Trade Distributors

3.7%

DE Market

Return vs Industry: 67C underperformed the German Trade Distributors industry which returned 16% over the past year.

Return vs Market: 67C underperformed the German Market which returned 3.8% over the past year.


Shareholder returns

67CIndustryMarket
7 Day12.5%-4.2%-3.6%
30 Day5.0%4.7%-2.0%
90 Day80.0%28.0%13.3%
1 Year-11.9%-15.6%18.8%16.0%6.0%3.7%
3 Year-39.5%-50.0%9.6%1.5%1.1%-6.9%
5 Year-63.4%-72.8%4.2%-7.5%7.8%-6.8%

Price Volatility Vs. Market

How volatile is Communication & System Solution's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Communication & System Solution undervalued compared to its fair value and its price relative to the market?

19.04x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 67C (€0.03) is trading above our estimate of fair value (€0)

Significantly Below Fair Value: 67C is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 67C is poor value based on its PE Ratio (19x) compared to the DE Trade Distributors industry average (18.2x).

PE vs Market: 67C is good value based on its PE Ratio (19x) compared to the German market (20.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 67C's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 67C is overvalued based on its PB Ratio (1.1x) compared to the DE Trade Distributors industry average (1x).


Next Steps

Future Growth

How is Communication & System Solution forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.3%

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 Communication & System Solution 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 Communication & System Solution performed over the past 5 years?

-17.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 67C has high quality earnings.

Growing Profit Margin: 67C's current net profit margins (2.4%) are lower than last year (3.5%).


Past Earnings Growth Analysis

Earnings Trend: 67C's earnings have declined by 17.1% per year over the past 5 years.

Accelerating Growth: 67C's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 67C had negative earnings growth (-35.6%) over the past year, making it difficult to compare to the Trade Distributors industry average (-8.5%).


Return on Equity

High ROE: 67C's Return on Equity (6%) is considered low.


Next Steps

Financial Health

How is Communication & System Solution's financial position?


Financial Position Analysis

Short Term Liabilities: 67C's short term assets (฿2.8B) exceed its short term liabilities (฿2.0B).

Long Term Liabilities: 67C's short term assets (฿2.8B) exceed its long term liabilities (฿82.8M).


Debt to Equity History and Analysis

Debt Level: 67C's debt to equity ratio (54.5%) is considered high.

Reducing Debt: 67C's debt to equity ratio has increased from 23.3% to 54.5% over the past 5 years.

Debt Coverage: 67C's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 67C's interest payments on its debt are well covered by EBIT (12.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Communication & System Solution current dividend yield, its reliability and sustainability?

1.26%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 67C's dividend (1.26%) is higher than the bottom 25% of dividend payers in the German market (1.25%).

High Dividend: 67C's dividend (1.26%) is low compared to the top 25% of dividend payers in the German market (3.83%).


Stability and Growth of Payments

Stable Dividend: 67C has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 67C has only been paying a dividend for 7 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (35.9%), 67C's dividend payments are well 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.


Next Steps

Management

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

7.6yrs

Average management tenure


CEO

Sompong Kangsawiwat (55 yo)

7.58yrs

Tenure

฿175,000

Compensation

Mr. Sompong Kangsawiwat has been Chief Executive Officer of Communication & System Solution Public Company Ltd since 2011 and serves as its President. Mr. Kangsawiwat is the Chairman of Communication & Sys ...


Leadership Team

NamePositionTenureCompensationOwnership
Sompong Kangsawiwat
Chairman7.58yrs฿175.00k18.55%
฿ 9.4m
Panida Sawatwannarat
MD of Finance & Control Group and Executive Director15yrs฿175.00k1.9%
฿ 962.0k
Opas Tiyawattanaroj
MD of Telecommunication Group & Executive Director15yrs฿145.00k4.96%
฿ 2.5m
Kittirat Mekmanee
MD of Business Group & Executive Director15yrs฿175.00k4.9%
฿ 2.5m
Nongnuch Temeesrisuk
MD of Management & Corporate Governance Group15yrs฿145.00k0.72%
฿ 362.2k
Narachet Chattratitiphan
Managing Director of Technology Groupno datano datano data
Banyawake Tharnthong
Deputy Chief Telecommunication Officer 2no datano datano data
Naruethep Suntarattiwong
Deputy Chief Telecommunication Officer 1no datano datano data
Montri Kangsawiwat
Deputy Chief of Marketing no datano datano data
Wichien Itthisang
Deputy Chief of Projectno datano data0.74%
฿ 374.4k
Sakol Sunhachawee
Deputy Chief of Marketing no datano data1.77%
฿ 896.7k

7.6yrs

Average Tenure

55yo

Average Age

Experienced Management: 67C's management team is seasoned and experienced (7.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sompong Kangsawiwat
Chairman7.58yrs฿175.00k18.55%
฿ 9.4m
Panida Sawatwannarat
MD of Finance & Control Group and Executive Director15yrs฿175.00k1.9%
฿ 962.0k
Opas Tiyawattanaroj
MD of Telecommunication Group & Executive Director15yrs฿145.00k4.96%
฿ 2.5m
Kittirat Mekmanee
MD of Business Group & Executive Director15yrs฿175.00k4.9%
฿ 2.5m
Nongnuch Temeesrisuk
MD of Management & Corporate Governance Group15yrs฿145.00k0.72%
฿ 362.2k
Pitipat Chataccaraphat
Independent Director15yrs฿825.00kno data
Chattaphum Khantiviriya
Independent Director5.92yrs฿475.00kno data
Prapart Praisuwanna
Independent Director5.58yrs฿455.00kno data
Vuthichai Duangratana
Independent Director3.5yrs฿435.00k0.0040%
฿ 2.0k

15.0yrs

Average Tenure

57yo

Average Age

Experienced Board: 67C's board of directors are seasoned and experienced ( 15 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

Communication & System Solution Public Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Communication & System Solution Public Company Limited
  • Ticker: 67C
  • Exchange: BST
  • Founded: 1994
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: ฿1.869b
  • Listing Market Cap: ฿50.606m
  • Shares outstanding: 1.18b
  • Website: https://www.cssthai.com

Location

  • Communication & System Solution Public Company Limited
  • 329 Moo 3 Banmai
  • Pakkred
  • Nonthaburi
  • 11120
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CSSSET (The Stock Exchange of Thailand)YesOrdinary SharesTHTHBSep 2013
CSS-RSET (The Stock Exchange of Thailand)THB0.5(NVDR)THTHBSep 2013
67CBST (Boerse-Stuttgart)THB0.5(ALIEN MKT)DEEURSep 2013

Biography

Communication & System Solution Public Company Limited distributes and installs production equipment for electricity, water, air conditioning, and telecommunication systems in Thailand. It operates in two ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/02 21:02
End of Day Share Price2020/07/31 00:00
Earnings2020/03/31
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.