BST:9UMF

Stock Analysis Report

Union Mosaic Industry

Executive Summary

The Union Mosaic Industry Public Company Limited, together with its subsidiaries, produces and distributes floor and wall tiles in Thailand and internationally.


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has Union Mosaic Industry's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 9UMF's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

12.5%

9UMF

-1.3%

DE Building

0.1%

DE Market


1 Year Return

-64.0%

9UMF

9.0%

DE Building

14.1%

DE Market

Return vs Industry: 9UMF underperformed the German Building industry which returned 9% over the past year.

Return vs Market: 9UMF underperformed the German Market which returned 14.1% over the past year.


Shareholder returns

9UMFIndustryMarket
7 Day12.5%-1.3%0.1%
30 Day-18.2%0.4%0.2%
90 Day-10.0%4.4%3.3%
1 Year-64.0%-64.0%13.1%9.0%17.6%14.1%
3 Year-86.6%-87.1%20.9%8.5%14.8%4.8%
5 Year-91.8%-92.7%80.5%57.3%22.2%5.4%

Price Volatility Vs. Market

How volatile is Union Mosaic Industry's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Union Mosaic Industry undervalued compared to its fair value and its price relative to the market?

0.4x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 9UMF (€0.01) is trading above our estimate of fair value (€0.01)

Significantly Below Fair Value: 9UMF is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 9UMF is unprofitable, so we can't compare its PE Ratio to the Building industry average.

PE vs Market: 9UMF is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 9UMF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 9UMF is good value based on its PB Ratio (0.4x) compared to the DE Building industry average (1.3x).


Next Steps

Future Growth

How is Union Mosaic Industry forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.7%

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 Union Mosaic Industry 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 Union Mosaic Industry performed over the past 5 years?

-7.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 9UMF is currently unprofitable.

Growing Profit Margin: 9UMF is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 9UMF is unprofitable, and losses have increased over the past 5 years at a rate of -7.8% per year.

Accelerating Growth: Unable to compare 9UMF's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 9UMF is unprofitable, making it difficult to compare its past year earnings growth to the Building industry (7.6%).


Return on Equity

High ROE: 9UMF has a negative Return on Equity (-4.23%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Union Mosaic Industry's financial position?


Financial Position Analysis

Short Term Liabilities: 9UMF's short term assets (฿1.4B) exceed its short term liabilities (฿1.3B).

Long Term Liabilities: 9UMF's short term assets (฿1.4B) exceed its long term liabilities (฿437.4M).


Debt to Equity History and Analysis

Debt Level: 9UMF's debt to equity ratio (71.4%) is considered high.

Reducing Debt: 9UMF's debt to equity ratio has reduced from 100.8% to 71.4% over the past 5 years.


Balance Sheet

Inventory Level: 9UMF has a high level of physical assets or inventory.

Debt Coverage by Assets: 9UMF's debt is covered by short term assets (assets are 1.3x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 9UMF has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: 9UMF has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

What is Union Mosaic Industry's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.3%markettop25%3.6%industryaverage2.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 9UMF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 9UMF's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 9UMF's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 9UMF's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 9UMF is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 9UMF's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

14.8yrs

Average board tenure


CEO

Marut Mangklabruks (75yo)

฿240,000

Compensation

Mr. Marut Mangklabruks has been an Executive Director of The Union Mosaic Industry Public Company Limited since April 23, 2004 and serves as its Chairman of the Executive Board. Mr. Mangklabruks received a ...


Board Members

NamePositionTenureCompensationOwnership
Marut Mangklabruks
Chairman of The Executive Board & Executive Director0yrs฿240.00kno data
Kiratcha Laowiwatwong
Director of Corporate Human Resource Office & Executive Director3.8yrs฿240.00k1.76% ฿292.8k
Voravat Tantranont
Vice Chairman of the Executive Board13.8yrs฿240.00kno data
Methawee Laowiwatwong
Executive Director25.9yrs฿240.00k7.19% ฿1.2m
Somboon Uranukul
MD & Executive Director4.8yrs฿240.00kno data
Nipanan Tantranont
Executive Director25.9yrs฿240.00k7.03% ฿1.2m
Pavarisa Phenjati
Executive Director2.8yrs฿240.00kno data
Seranee Phenjati
Chairman0yrs฿480.00k11.21% ฿1.9m
Sivaporn Dardarananda
Independent Director15.8yrs฿240.00kno data
Nopparat Runguthaisiri
Independent Director0yrs฿300.00kno data

14.8yrs

Average Tenure

62yo

Average Age

Experienced Board: 9UMF's board of directors are seasoned and experienced ( 14.8 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

The Union Mosaic Industry Public Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Union Mosaic Industry Public Company Limited
  • Ticker: 9UMF
  • Exchange: BST
  • Founded: 1973
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: ฿560.458m
  • Listing Market Cap: ฿16.624m
  • Shares outstanding: 836.50m
  • Website: https://www.umi-tiles.com

Location

  • The Union Mosaic Industry Public Company Limited
  • 65 Chamnan Phenjati Business Center
  • 29th Floor
  • Bangkok
  • 10320
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UMISET (The Stock Exchange of Thailand)YesOrdinary SharesTHTHBJan 1992
9UMFBST (Boerse-Stuttgart)THB1(ALIEN MKT)DEEURJan 1992
UMI-RSET (The Stock Exchange of Thailand)THB1(NVDR)THTHBAug 2001

Biography

The Union Mosaic Industry Public Company Limited, together with its subsidiaries, produces and distributes floor and wall tiles in Thailand and internationally. It operates through two segments, Import Floor Tiles and Wall Tiles, Export Floor Tiles and Wall Tiles. The company’s products include floor, wall, mosaic, and porcelain tiles. It is also involved in the sale of mineral and soil, real estate, and ceramic agent activities. The company was founded in 1973 and is headquartered in Bangkok, Thailand. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/18 22:23
End of Day Share Price2020/02/18 00:00
Earnings2019/09/30
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.