DB:NYVF

Stock Analysis Report

Italian-Thai Development

Executive Summary

Italian-Thai Development Public Company Limited, together with its subsidiaries, engages in the civil and infrastructure construction and development businesses in Thailand, India, and internationally.

Snowflake

Fundamentals

Moderate growth potential with imperfect balance sheet.

Risks

  • Italian-Thai Development has significant price volatility in the past 3 months.
  • Italian-Thai Development is covered by less than 3 analysts.

Share Price & News

How has Italian-Thai Development's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.1%

DB:NYVF

2.4%

DE Construction

3.2%

DE Market


1 Year Return

-23.8%

DB:NYVF

-28.5%

DE Construction

-9.7%

DE Market

NYVF outperformed the Construction industry which returned -27.4% over the past year.

NYVF underperformed the Market in Germany which returned -9.6% over the past year.


Share holder returns

NYVFIndustryMarket
7 Day1.1%2.4%3.2%
30 Day-20.2%-2.3%-4.4%
90 Day-10.4%-12.0%-2.0%
1 Year-23.3%-23.8%-25.5%-28.5%-6.9%-9.7%
3 Year-70.6%-70.9%-11.4%-18.0%11.8%2.2%
5 Year-59.9%-60.3%81.0%60.7%26.9%9.5%

Price Volatility Vs. Market

How volatile is Italian-Thai Development's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Italian-Thai Development undervalued based on future cash flows and its price relative to the stock market?

0.76x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Italian-Thai Development's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Italian-Thai Development's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Italian-Thai Development is loss making, we can't compare its value to the Europe Construction industry average.

Italian-Thai Development is loss making, we can't compare the value of its earnings to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Italian-Thai Development, we can't assess if its growth is good value.


Price Based on Value of Assets

Italian-Thai Development is good value based on assets compared to the Europe Construction industry average.


Next Steps

Future Growth

How is Italian-Thai Development expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

114.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Italian-Thai Development's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Italian-Thai Development's earnings are expected to grow significantly at over 20% yearly.

Italian-Thai Development's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.

Italian-Thai Development's earnings growth is expected to exceed the Germany market average.

Italian-Thai Development'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 Italian-Thai Development will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Italian-Thai Development performed over the past 5 years?

-4.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Italian-Thai Development does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Italian-Thai Development's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Italian-Thai Development's 1-year growth to the Europe Construction industry average as it is not currently profitable.


Return on Equity

Italian-Thai Development has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Italian-Thai Development used its assets less efficiently than the Europe Construction industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Italian-Thai Development improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Italian-Thai Development's financial position?


Financial Position Analysis

Italian-Thai Development is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Italian-Thai Development's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Italian-Thai Development's level of debt (312.5%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (250.9% vs 312.5% today).

Debt is not well covered by operating cash flow (10.7%, less than 20% of total debt).

Italian-Thai Development is making a loss, therefore interest payments are not well covered by earnings.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.1x debt.


Next Steps

Dividend

What is Italian-Thai Development's current dividend yield, its reliability and sustainability?

0.76%

Current Dividend Yield


Dividend Yield and Payments Analysis

Italian-Thai Development's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.51%).

Italian-Thai Development's dividend is below the markets top 25% of dividend payers in Germany (4.17%).

Italian-Thai Development is not paying a notable dividend for Germany, therefore no need to check if the payments are stable.

Italian-Thai Development is not paying a notable dividend for Germany, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of Italian-Thai Development's dividends as it is not paying a notable one for Germany.


Future Payout to Shareholders

No need to calculate the sustainability of Italian-Thai Development's dividends in 3 years as they are not expected to pay a notable one for Germany.


Next Steps

Management

What is the CEO of Italian-Thai Development's salary, the management and board of directors tenure and is there insider trading?

14.4yrs

Average board tenure


CEO

Premchai Karnasuta (65yo)

0.0yrs

Tenure

฿580,000

Compensation

Mr. Premchai Karnasuta, MBA has been the President of Italian-Thai Development Public Company Limited since 1983 and had been its Managing Director since 1986. Mr. Karnasuta has been the President of Asia  ...


Board Age and Tenure

14.4yrs

Average Tenure

66yo

Average Age

The average tenure for the Italian-Thai Development 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

  • Pathai Chakornbundit (77yo)

    Senior EVP

    • Tenure: 16.4yrs
    • Compensation: ฿590.00k
  • Tawatchai Suthiprapha (76yo)

    Senior EVP

    • Tenure: 14.4yrs
    • Compensation: ฿580.00k
  • Sompop Pinijchai (62yo)

    Executive VP & Member of Management Board

    • Tenure: 4.4yrs
  • Chatichai Chutima (59yo)

    CFO, Executive VP of Finance & Member of Management Board

    • Tenure: 0.0yrs
  • Nijaporn Charanachitta (68yo)

    Senior EVP

    • Tenure: 25.4yrs
    • Compensation: ฿580.00k
  • Premchai Karnasuta (65yo)

    President

    • Tenure: 0.0yrs
    • Compensation: ฿580.00k
  • Anan Amarapala (73yo)

    Executive VP & Member of Management Board

    • Tenure: 0.0yrs
  • Peeti Karnasuta (38yo)

    Executive VP

    • Tenure: 11.4yrs
    • Compensation: ฿590.00k
  • Woravudh Hiranyapaisansakul (58yo)

    Executive VP of Cost Control

    • Tenure: 0.0yrs
  • Thoranis Karnasuta (29yo)

    Executive VP

    • Tenure: 5.3yrs
    • Compensation: ฿580.00k

Board Members

  • Pathai Chakornbundit (77yo)

    Senior EVP

    • Tenure: 16.4yrs
    • Compensation: ฿590.00k
  • Tawatchai Suthiprapha (76yo)

    Senior EVP

    • Tenure: 14.4yrs
    • Compensation: ฿580.00k
  • Krisorn Jittorntrum (66yo)

    Chairman

    • Tenure: 4.1yrs
    • Compensation: ฿1.30m
  • Nijaporn Charanachitta (68yo)

    Senior EVP

    • Tenure: 25.4yrs
    • Compensation: ฿580.00k
  • Premchai Karnasuta (65yo)

    President

    • Tenure: 0.0yrs
    • Compensation: ฿580.00k
  • William Zentgraf (79yo)

    Independent Non-Executive Director

    • Tenure: 14.4yrs
    • Compensation: ฿995.00k
  • Peeti Karnasuta (38yo)

    Executive VP

    • Tenure: 11.4yrs
    • Compensation: ฿590.00k
  • Thoranis Karnasuta (29yo)

    Executive VP

    • Tenure: 5.3yrs
    • Compensation: ฿580.00k
  • Sai Wah Suen (59yo)

    Independent Director

    • Tenure: 1.2yrs
    • Compensation: ฿995.00k

Company Information

Italian-Thai Development Public Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Italian-Thai Development Public Company Limited
  • Ticker: NYVF
  • Exchange: DB
  • Founded: 1958
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: ฿10.032b
  • Listing Market Cap: ฿293.793m
  • Shares outstanding: 5.28b
  • Website: https://www.itd.co.th

Location

  • Italian-Thai Development Public Company Limited
  • 2034/132-161 Italthai Tower
  • New Petchburi Road
  • Bangkok
  • 10310
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IU9MUN (Boerse Muenchen)SHSDEEURAug 1994
ITDSET (The Stock Exchange of Thailand)YesOrdinary SharesTHTHBOct 1994
ITD-RSET (The Stock Exchange of Thailand)THB1(NVDR)THTHBAug 2001
NYVFDB (Deutsche Boerse AG)THB1(NVDR)DEEURAug 2001

Biography

Italian-Thai Development Public Company Limited, together with its subsidiaries, engages in the civil and infrastructure construction and development businesses in Thailand, India, and internationally. The ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 20:58
End of Day Share Price2019/08/22 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.