BST:67C

Stock Analysis Report

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

Fundamentals

Good value with adequate balance sheet.

Risks

  • Communication & System Solution has significant price volatility in the past 3 months.
  • Communication & System Solution is not covered by any analysts.

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


Market Performance


7 Day Return

-12.2%

BST:67C

-4.8%

DE Trade Distributors

-1.5%

DE Market


1 Year Return

-26.6%

BST:67C

-21.6%

DE Trade Distributors

-10.4%

DE Market

67C underperformed the Trade Distributors industry which returned -21.6% over the past year.

67C underperformed the Market in Germany which returned -10.5% over the past year.


Share holder returns

67CIndustryMarket
7 Day-12.2%-4.8%-1.5%
30 Day-24.4%-3.7%-4.3%
90 Day7.0%-9.4%-5.9%
1 Year-20.9%-26.6%-19.2%-21.6%-7.6%-10.4%
3 Year-50.5%-59.6%-11.8%-18.2%9.4%0.03%
5 Yearn/a6.2%-5.3%25.6%8.1%

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 based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Communication & System Solution's share price is below the future cash flow value, and at a moderate discount (> 20%).

Communication & System Solution's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Communication & System Solution is overvalued based on earnings compared to the DE Trade Distributors industry average.

Communication & System Solution is good value based on earnings compared to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Communication & System Solution, we can't assess if its growth is good value.


Price Based on Value of Assets

Communication & System Solution is good value based on assets compared to the DE Trade Distributors industry average.


Next Steps

Future Growth

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

8.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Communication & System Solution is high growth as no revenue estimate data is available.

Communication & System Solution's earnings are expected to grow by 8% yearly, however this is not considered high growth (20% yearly).

Unable to compare Communication & System Solution's revenue growth to the Germany market average as no estimate data is available.

Communication & System Solution's earnings growth is positive but not above the Germany market average.

Communication & System Solution's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Communication & System Solution will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

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

-6.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Communication & System Solution's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Communication & System Solution's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Communication & System Solution's 1-year earnings growth is negative, it can't be compared to the DE Trade Distributors industry average.


Return on Equity

Communication & System Solution has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Communication & System Solution used its assets more efficiently than the DE Trade Distributors industry average last year based on Return on Assets.


Return on Capital Employed

Communication & System Solution's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Communication & System Solution's financial position?


Financial Position Analysis

Communication & System Solution is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Communication & System Solution's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Communication & System Solution's level of debt (52.9%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (15.9% vs 52.9% today).

Debt is well covered by operating cash flow (38%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 14.5x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 3.1x debt.


Next Steps

Dividend

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

7.95%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Communication & System Solution before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Communication & System Solution's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.59%).

Communication & System Solution's dividend is above the markets top 25% of dividend payers in Germany (4.29%).

Communication & System Solution has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Dividend payments have increased, but Communication & System Solution only paid a dividend in the past 5 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (1.1x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Communication & System Solution's salary, the management and board of directors tenure and is there insider trading?

6.6yrs

Average management tenure


CEO

Sompong Kangsawiwat (54yo)

6.6yrs

Tenure

฿155,000

Compensation

Mr. Sompong Kangsawiwat has been Chief Executive Officer of Communication & System Solution Public Company Ltd since 2011. Mr. Kangsawiwat is the Chairman of Communication & System Solution Public Company  ...


Management Age and Tenure

6.6yrs

Average Tenure

54yo

Average Age

The average tenure for the Communication & System Solution management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

14.0yrs

Average Tenure

56yo

Average Age

The average tenure for the Communication & System Solution board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Kittirat Mekmanee (53yo)

    MD of Business Group & Executive Director

    • Compensation: ฿150.00k
  • Panida Sawatwannarat (56yo)

    MD of Finance & Control Group and Executive Director

    • Tenure: 6.6yrs
    • Compensation: ฿155.00k
  • Opas Tiyawattanaroj (54yo)

    MD of Telecommunication Group & Executive Director

    • Compensation: ฿150.00k
  • Narachet Chattratitiphan (58yo)

    Managing Director of Technology Group

  • Naruethep Suntarattiwong

    Deputy Chief Telecommunication Officer 1

  • Sompong Kangsawiwat (54yo)

    Chairman & CEO

    • Tenure: 6.6yrs
    • Compensation: ฿155.00k
  • Wichien Itthisang

    Deputy Chief of Project

  • Banyawake Tharnthong

    Deputy Chief Telecommunication Officer 2

  • Montri Kangsawiwat

    Deputy Chief of Marketing

  • Nongnuch Temeesrisuk (54yo)

    MD of Management & Corporate Governance Group

    • Tenure: 6.5yrs
    • Compensation: ฿155.00k

Board Members

  • Kittirat Mekmanee (53yo)

    MD of Business Group & Executive Director

    • Tenure: 14.0yrs
    • Compensation: ฿150.00k
  • Panida Sawatwannarat (56yo)

    MD of Finance & Control Group and Executive Director

    • Tenure: 14.0yrs
    • Compensation: ฿155.00k
  • Vuthichai Duangratana (62yo)

    Independent Director

    • Tenure: 2.5yrs
    • Compensation: ฿425.00k
  • Opas Tiyawattanaroj (54yo)

    MD of Telecommunication Group & Executive Director

    • Tenure: 14.0yrs
    • Compensation: ฿150.00k
  • Prapart Praisuwanna (63yo)

    Independent Director

    • Tenure: 4.6yrs
    • Compensation: ฿360.00k
  • Sompong Kangsawiwat (54yo)

    Chairman & CEO

    • Tenure: 0.5yrs
    • Compensation: ฿155.00k
  • Chattaphum Khantiviriya (58yo)

    Independent Director

    • Tenure: 4.9yrs
    • Compensation: ฿455.00k
  • Pitipat Chataccaraphat (58yo)

    Independent Director

    • Tenure: 14.0yrs
    • Compensation: ฿805.00k
  • Nongnuch Temeesrisuk (54yo)

    MD of Management & Corporate Governance Group

    • Tenure: 14.0yrs
    • Compensation: ฿155.00k

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: ฿1.775b
  • Listing Market Cap: ฿51.718m
  • Shares outstanding: 1.18b
  • Website: Click here

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 Analysis2019/08/17 21:51
End of Day Share Price2019/08/16 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.